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ISET Policy Institute team presents RIA of the draft law on agritourism to the parliament of Georgia
25 January 2021

On the 25th of January, the Agricultural Policy Research Center attended a hearing of the draft law on agritourism by the sectoral committee of the Parliament of Georgia, during which our research team presented the findings of the Regulatory Impact Assessment (RIA) of the draft law and discussed the associated socio-economic benefits and costs.

October 2020 GDP Forecast | Georgia’s growth rate remains negative, but a swift recovery is expected next year
21 October 2020

ISET-PI’s forecast of real GDP growth for the third quarter (July-September) of 2020 remains at -11.6%, unchanged from last month’s prediction. The third estimate for the fourth quarter (October-December) growth forecast stands at -11.8%. Notably, our econometric model depends only on retrospective information (past observations), thus, the abnormally large negative growth of real GDP during the state of emergency period causes an overestimation of the contraction in the following quarters.

Conducting sector and value chain analytics
12 October 2020

In partnership with PMC Research, ISET Policy Institute is working on the project “Sector and Value Chain Analytics” under the USAID Economic Security Program, implemented by DAI. Using quantitative and qualitative analytical methods, the project team analyzes economic tendencies in the local and also regional/global context, competitiveness of local businesses, opportunities, and challenges in various targeted value chains.

Agritourism in Georgia
28 September 2020

Imagine spending some time in the countryside away from the noisy, dusty city, getting involved in agricultural activities, and discovering the local culture. This kind of tourism is called agritourism.

September 2020 GDP Forecast | Riding out the pandemic storm: trends, projections and uncertainties
23 September 2020

Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2020, which now stands at -12.6%. The real GDP growth rate contracted by 7.7% and 5.5% year-on-year in June and July 2020, respectively. Consequently, the estimated real GDP for the first seven months of 2020 amounted to -5.8%.

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