24
September
2015
International crude oil prices, which have hovered at $110 per barrel for the last three and a half years, started a sudden and abrupt downfall in August 2014, reaching a $50 per barrel mark in just five months. More than a year after the event, it looks like the oil price of $50 per barrel is here to stay, at least for the foreseeable future.
17
September
2015
In July 2015, domestic production in Georgia increased by 3% annually, maintaining a stable and positive trend. Consumer price inflation reached the highest value (4.9%) in two years. The 1 August 2015 increase in electricity tariffs is likely to put some additional upward pressure on consumer price inflation in the coming months.
17
September
2015
The growth forecast for the third quarter of 2015 has not changed since last month and remains at 2.6%. The first forecast for the fourth quarter growth of 2015 has been targeted at 3.8%.
16
September
2015
ISET Policy Institute is the only member think tank of Asian Think Tanks Network from Georgia. The network involves cooperation among key think tanks in Asia and the Pacific to share knowledge on development experiences and policy lessons. Its members are Asian think tanks working on sustainable development and inclusive growth.
14
September
2015
It is easy to understand what it means for an economy to be weak or strong. We know that a strong economy is characterized by low unemployment and high growth rates. Other desirable traits are, for example, low levels of poverty and income inequality, when all citizens enjoy reasonable standards of living.
