On Tuesday, March 29 ISET and the Asian Development Bank co-organized a seminar on Inclusive Economic Growth in Georgia. The event was part of a joint project of ISET and ADB, Good Jobs for Inclusive Growth, aimed at creating conditions to enable inclusive economic growth in developing countries. In addition to focusing on inequality in income and opportunities, the seminar examined the issue of social protection and the development of institutions.

Once again, Georgians across the country are preparing for the holiday season, making travel plans, crushing walnuts for gozinaki, and buying gifts for their friends and families. Gifts are an important part of celebrating the New Year and Christmas, signifying the importance of friendship and allowing us to treat our loved ones to something to start a brand new year in style.

Rati, Lasha, and Irakli are first-year engineering students at the Georgian Technical University (GTU). Rather unusual students, one should add. At 22-23, all three are very much alive. Yet, they never attend classes and are not taking exams. BSc in engineering would be their third educational degree, yet neither one of them has any intention of completing his studies at GTU. And one more interesting detail: their ‘studies’ at GTU are paid for by the Georgian taxpayers because engineering (as well as mathematics and natural sciences) is considered to be a priority subject by the Georgian government.

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.

As planned, on May 16, 2015, ISET held an Admissions exam in English language and Mathematics. Exams were carried out simultaneously in Baku, Tbilisi, and Yerevan. The Mathematics exam assessed basic mathematical knowledge, thinking, and problem-solving skills. It covered topics from basic algebra, basic mathematics of finance, and basic calculus. The English exam assessed reading comprehension.