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ISET hosted World Bank’s Chief Economist for Europe and Central Asia
28 February 2023

On 28 February 2023, ISET hosted Ivailo Izvorski, World Bank’s Chief Economist for Europe and Central Asia, who delivered a seminar on 'Education and innovation for growth'. The seminar was well-attended by members of the academic community, researchers, and students. Izvorski discussed the important role that education and innovation play in promoting economic growth and development, as well as the opportunities and challenges of modern education systems.

December 2022 | GDP forecast predicts a slower start to 2023 as inflation driven by food and energy prices remains a challenge to the economy
12 December 2022

Geostat has updated its estimates for the first three quarters of 2022, Q1 2022 growth rate now stands at 15%, while the annual growth rates for Q2 and Q3 slightly increased to 7.2% and 9.8%, respectively. The real GDP growth estimate for the first eleven months of 2022 is 10%.

Conduct in-depth analysis of inheritance practices with regards to son preference in Georgia
12 December 2022

UNFPA will work with ISET-PI to conduct an in-depth analysis of inheritance practices in Georgia with regard to son preference. The team will elaborate on the methodology for analysis and will conduct preliminary desk research on the issue. The program will provide a better understanding of the depth of gender bias in inheritance legislation and practices, and its practical implications on women’s lives, their status, and social-economic outcomes.

November 2022 | Annual growth projected to reach the highest value in years, driven by migration, tourism, and trade
14 November 2022

According to Geostat’s updated estimate, the Q3 2022 growth rate stands at 9.7%. As a result, the real GDP growth estimate for the first nine months of 2022 is 10.2%.

Quarter 2 2022 | Macro Review: The Georgian economy shows resilience in Q2 2022, despite the global headwinds from the war on Ukraine
03 October 2022

Following the tentative recovery observed in 2021, global economic conditions worsened significantly in 2022 (IMF, July 2022). Russia’s invasion of Ukraine on 24 February 2022 caused global economic growth estimates to drop for the first time since 2020.

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