03
June
2016
Congestion in electricity transmission systems is a common problem all around the world, Georgia included. Two types of congestion are observed in the power sector; physical and economic. Physical congestion occurs when a transmission system is not adequate to supply an increasing amount of electricity. Economic congestion appears when prices in one region are different from those in another region, while cheaper electricity cannot be sold to the region at high prices.
02
June
2016
Georgian retail food prices are up 1.1% y-o-y (May 2016 vs. May 2015) and 1.0% down m-o-m (compared to last month). Compared to mid-May, cheese, apple and carrot experienced the biggest price declines of 8.5%, 8.4 %, and 7.1%, respectively. The prices of cabbage, buckwheat, and peach are up by 8.3%, 8.3%, and 7.1%, respectively.
01
June
2016
APRC is conducting a research on livestock farm- enterprise models in Kakheti to better understand current arrangements and options in livestock market system in the region. In cooperation with Market Opportunities for Livelihood Improvement (MOLI) project APRC studies livestock farm- enterprise model in Kakheti region.
19
May
2016
On Wednesday, May 18 Hans Timmer, Chief Economist of Europe and Central Asia (ECA) at the World Bank, paid a visit to ISET. He delivered a presentation entitled “Economic Outlook for the South Caucasus”, transmitting the idea that the countries of Europe and Central Asia (ECA), including Georgia, are transitioning to a situation – against the backdrop of a weakening global economy and volatility in international financial markets – which is called 'New Normal' and is characterized by the slow trend growth of global trade, low commodity prices, and less abundant availability of international liquidity.
16
May
2016
On May 13, 2016, ISET hosted the head of the IMF in Georgia, Azim Sadikov, who delivered a lecture for participants of ISET’s Finance Course for Professionals. The subject of his lecture was “Macro-economic challenges in Georgia and the strengths and weaknesses of its emerging capital markets”.
