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Deputy Head
09 January 2018

The ISET-PI is seeking Deputy Head for the Private Sector Development Research Center. The center has been tasked to study and formulate effective policy options for strengthening the private sector and promoting market competitiveness.

Impact assessment of the state support program for the small and medium enterprises in Georgia
01 January 2018

Evaluating the impact of the state support programs on the firm-level outcomes in Georgia. The objective of this study is to evaluate the impact of the state support program of SMEs on the firm-level outcomes in Georgia. The Georgian government’s SME financing procedure offers just such a unique opportunity for a quasi-natural experiment, which allows the credible use of local/nonparametric regression discontinuity methodology (RDD).

Who Gets to Eat from the Growing Pie?
23 December 2017

2017 is shaping up as one of the best years in Georgia’s post-2008 crisis history. The economy is expected to expand by about 5%, beating early expectations and official forecasts by the likes of the IMF and the World Bank. Based on updated GeoStat figures for Q1 and Q2, ISET-PI’s annual growth forecast currently stands at 4.9%.

HSBC Launches USD 1 Billion Bond in Support of UN’s Global Goals
13 December 2017

Perhaps as an early Christmas gift to the international community rooting for a cross-sectoral solution on combatting climate change, HSBC has announced its commitment to establish the world’s first bond. As explained by HSBC themselves, the bond is closely linked to the UN’s Sustainable Development Goals (SDG). Following seven selected SDG targets, HSBC will fund 1 billion USD through the bond and thus financially support projects set out to increase the sustainable well-being of communities and the environment.

Your Guest Is My Guest, or Why Tourism Is Not a Zero-Sum Game
04 December 2017

The South Caucasus is divided by high mountain ranges, often impassable political borders, and ethnic conflict zones. In addition to three independent states, the region also includes three unrecognized territories. Nakhichevan is separated from Azerbaijan’s mainland by Armenia’s Syunik region. Armenia’s border with Turkey and Azerbaijan, on the other hand, is sealed for political reasons.

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