13
March
2015
February is usually a good time to take stock of the country’s economic performance because at the beginning of the month statistical agencies release data on many baseline indicators for the previous year. Preliminary data reveals that the annual GDP growth rate in 2014 was 4.7%, which fell short of the 5% that had been expected.
04
March
2015
In December 2014 ISET-PI has been awarded a 5-year grant by the Swedish International Development Agency (Sida) providing the Institute with the opportunity to transform itself into the premier economic policy think-tank in the South Caucasus.
27
February
2015
Foreign direct investment (FDI) is critical to every developing county, and Georgia is no exception in this regard. Georgia wants to grow out of poverty and catch up with the economically more developed regions of the world – for this to happen, foreign resources are needed, in particular, if the domestic savings rate is as low as in Georgia.
20
February
2015
Worldwide, cash transfer programs are used to fight poverty. Developing countries typically spend between 1% and 2% of GDP on cash transfers (“Cash Transfers: a Literature Review”, DFID Policy Division, 2011). International donors also invest substantially into such programs.
09
February
2015
On February 4th, ISET hosted politician and development expert Ad Melkert, who gave a presentation titled "Global Economic Governance: Past or Future?". At the beginning of the presentation, he talked about the post-WWI and WWII periods and the establishment of international organizations like the ILO, UN, IMF, WB, ECB, OECD, etc. He called these periods the “Promising Past”.