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ISET Hosts Seminar-Wrokshop on Georgian Anomaly in Rural-Urban Transition
29 January 2019

On January 29, ISET was pleased to host Prof. Michael Beenstock for a seminar workshop. Prof. Beenstock is the author of ten books on topics including time series and spatial econometrics, macroeconomics, the global economy, and economic development, as well as writing more than 100 refereed journal articles.

Why Everyone Should Pay to Use Water, and How This Could (and Probably Will) Be Done in Georgia
25 January 2019

“At least we have a lot of water – why should I pay for it?” One can frequently hear this phrase in Georgia. This popular saying is based on the relative abundance of water resources the country has: roughly 15,597 cubic meters of renewable freshwater resources per capita a year, well above the 2,961 cubic meters per capita in the European Union (World Bank 2014). However, having a resource does not mean being able to use it, nor being able to do so in a sustainable manner.

January 2019 GDP Forecast | Georgia’s overall GDP growth softens at the end of 2018, while exports, remittances, and tourism continue to expand
21 January 2019

Geostat updated its preliminary estimate of real GDP growth for the third quarter of 2018. The Q3 estimate was revised downward to 3.7% (0.3 percentage points lower than the previous estimate). The real GDP growth rate reached only 2.2% year-on-year for November 2018. Consequently, the estimated real GDP for the first eleven months of 2018 was revised downward to 4.7%.

Identification of sectors with high potential for economic growth in the mountainous regions of Georgia
01 January 2019

The goal of the project is to contribute to the sustainable development of mountainous regions of Georgia. The project is commissioned by Centre for Training and Consultancy (CTC) with EU funding. The following activities are envisioned within the project:

Technical assistance for conducting economic analysis for ıntroducing a new policy for maternity, paternity and parental leave in Georgia
31 December 2018

The study analyzes pecuniary economic costs and benefits associated with new policies on maternity, paternity, and parental leave in Georgia, using a state-of-the-art methodology utilized in EU member countries.

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