21
September
2016
ISET and ISET Policy Institute (ISET-PI) are seeking a Communications Manager. The Communications Manager is generally responsible for improving the visibility of ISET’s academic programs and policy research activities and promoting its readership in international and regional academic, business and policy circles.
20
September
2016
“Money Can’t Buy EU Love – European Funds and the Brexit Referendum” is the title of a paper by Dr. Jan Fidrmuc of Brunel University, and immediately evokes images of several months ago when Remain voters lined the streets of London with ‘We Love EU’ placards and gold and blue flags, as well as recent savage arguments in Brussels over the best course of action as the continent struggles to get over the shock of a member state opting to leave the union.
20
September
2016
According to Geostat’s rapid estimates, real GDP grew by 2.1% in July 2016, while the growth rate for Q2 stood at 2.3% year over year (YoY). The estimated second quarter growth was thus 1.6 percentage points lower than ISET-PI’s GDP forecast for the quarter.
19
September
2016
In August 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.15 GEL, which is 4.8 % higher month-on-month (m/m, that is compared to July 2016), but 9.6% lower year-on-year (y/y, compared to August 2015).
01
September
2016
The average Sale Price (ASP) for residential properties has fallen consistently over last 3 months, to its current level of USD 836 [GEL 1829]. ASP rose to a year-high of USD 900 [GEL 2159] in December 2015 and fell to a year-low of USD 836 [GEL 1940] in August 2015 and June 2016. Appreciation of GEL since February 2016 exerted downward pressure on prices expressed in local currency decreasing at faster rates compared to prices in USD.