Structural transformation of the economy is one of the most important determinants of economic development. Almost invariably, nations that have managed to pull themselves out of poverty were able to diversify their economies away from low productivity sectors. In advanced countries, productivity differences between sectors are generally small, and growth mostly happens because of productivity improvements within sectors.

Vocational education and training (VET) reform has been at the top of the reform agenda in Georgia for several months. The government authorities perceive reforming VET as a solution to a range of interconnected challenges the country faces, such as labor market mismatches, the “over-education” trap, high unemployment, as well as poverty rates.

MOLI stands for “Market Opportunities for Livelihood Improvement” in Kakheti. The project started in autumn 2012 and initially focused on milk and meat producers in the eastern part of the Kakheti region. It now operates in all eight municipalities of the region. In the second phase of the project, MOLI aims to reduce poverty in the Kakheti region while facilitating improved access to milk, beef and pork markets, and easing farmers’ access to inputs and services.

In May 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.08 GEL, which is 2.7% lower month-on-month (that is compared to April 2016), but 7% higher year-on-year (compared to May 2015).

On March 30-31 ISET-PI team took part in an interim research workshop conducted within the framework of a multi-country study “Good Jobs for Inclusive Growth in Central and West Asia” organized and financed by the Asian Development Bank. The goal of the study is to inform policy decisions aimed at promoting inclusive growth and reducing poverty and inequality in the countries of Central and West Asia (Armenia, Georgia, Azerbaijan, as well as Uzbekistan, Kazakhstan, Turkmenistan, Kyrgyzstan).