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The Complexities Facing the Competition Authority
13 April 2015

Economists disagree whether it was a good decision to reestablish the Georgian competition authority. When some years ago it was removed, the underlying logic was that a non-existing authority cannot be corrupt, and, more importantly, cannot harm the economy through misguided decisions. Assuming that corruption will not be a problem for the competition authority, neither now nor in the future, regulating markets is still a highly delicate issue which yields many possibilities to go wrong.

Save the Georgian Bazaar!
13 March 2015

Open-air markets, so-called bazaars, are considered by many Georgians to be relics of the past. Progressive people buy in supermarkets with all its amenities: clean areas, shiny floors, the temperature regulated at a convenient level, the products placed in order and often arranged tastefully. Only backward people buy in a bazaar if there is a supermarket available.

Background Paper for Georgia Poverty Assessment on Decreasing Enrollment Rates
26 February 2015

Starting from 2005, Georgia saw a rapid decline in tertiary gross enrollment. This project outlines the potential reasons behind decreasing enrollment rates and discusses the role of institutional changes, wages, returns to education, external and international migration, and employment patterns.

Trade Costs and the Two Globalizations: 1827-2012
25 February 2015

On Friday, February 20th, Jules Hugot from Sciences Po (Paris) gave a presentation of his job market paper "Trade Costs and the Two Globalizations: 1827-2012".

Political Budget cycles and Civil Service in American State Governments
18 February 2015

On February 16th, ISET hosted David Bostashvili PhD. from the University of Houston. Dr. Bostashvili presented his job market paper: “Political Budget cycles and Civil Service in American State Governments”. The motivation for this paper was an observation that all levels of government tend to spend budgets right before elections.

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