10
October
2017
On October 10, 2017, Professor Hans Wiesmeth challenged ISET BA students to think about possible solutions to environmental issues, more specifically, how the country can deal with beverage packaging, which is a global environmental issue, with 1 billion plastic bottles produced each day (more than ten thousand every second). Only about 10% of these bottles are currently recovered and recycled.
09
October
2017
Just recently, a rare occurrence made the headlines in Georgia: Moody’s Investors Service upgraded the government of Georgia’s local and foreign currency issuer ratings first time in seven years, to Ba2 from Ba3, with commentary that the outlook remains stable. This news was met with great excitement, but was soon overshadowed by the unfortunate news of Georgia’s downgrade on the Global Competitiveness Indicators, without fully appreciating or understanding the significance of the Moody's upgrade.
02
October
2017
On 26 September, the World Economic Forum published The Global Competitiveness Report 2017–2018. The full report contains detailed profiles and rankings for 137 countries based on 2016 data.
25
September
2017
It is no secret that global competition for the best brains is as intense as ever. Having adequate human capital can put a country on a trajectory of perpetual growth, say economists. The ‘brain wars’ typically play out in the setting of national and multinational companies competing for talent, but some of the most intense fights happen between universities struggling to recruit and retain the best young minds on the planet.
18
September
2017
When my mom was at my age (twenty-four), she already had a ring on her finger, a family, two kids, and a very clear idea about her life. I am not yet married, but I have already made at least one very important decision in my life – to become an economist. I made this fateful decision at 22, having tried myself in a banking job (that I hated). Many of my friends, however, are stuck with the educational and professional choices they have made very early in the lives, before knowing who they are and what they could possibly achieve.