The unique cross-country study compares interest rates for a set of retail credit products in Georgia and select transition economies. Preliminary findings suggest that the cost of credit in Georgia is lower than in the CIS countries which have been covered by the survey (namely, Kazakhstan, Russia, Ukraine and in many cases Armenia) while it’s somewhat higher compared to a cohort of Central and Eastern European Countries (CEE) - this is true especially for local currency loans.

The International School of Economics at Tbilisi State University (ISET, www.iset.ge) in Tbilisi, Georgia is looking for a candidate for the Deputy Director for Operations Position.

The International School of Economics at Tbilisi State University (ISET, www.iset.ge) in Tbilisi, Georgia is looking for a candidate for the Deputy Director for Finance Position.

The average cost of cooking one standard Imeretian khachapuri in April 2018 across Georgian cities varied, from 2.90 GEL (the lowest price, observed in Kutaisi), to 3.60 GEL (the highest price, observed in Tbilisi). The price difference between Kutaisi and Tbilisi amounted 0.70 GEL, which is one of the highest differentials we have ever observed between these cities.

On May 22, ISET hosted a panel discussion on the importance of properly defining problems, a measure that serves as the first step of impact assessment and existing practices in Georgia. This was the first meeting of a series of RIA evening talks organized in the scope of an EU-funded project, “Legislative Impact Assessment, Drafting, and Representation”.