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How Can You Be Sure? On the Agricultural Insurance in Georgia
24 June 2019

Agricultural production is associated with a variety of risks, including market, institutional, and production risks. An important production factor in agriculture is the weather. Its uncontrollable nature makes weather risk the prevailing risk to agricultural production. Farmers have various informal and formal means of transferring and mitigating these risks. Informal means include savings, diversification, off-farm activities, etc. The most common formal means of risk mitigation is insurance. Insurance is a contract that transfers the risk of financial loss from an individual or business to an insurance company.

The Dire State of Business Support Organizations in Georgia
14 June 2019

In technological terms, there has never been a better time to be a small or medium size business owner: people can always get ahold of you and you can work wherever you need to. Creating an additional source of income catches people’s interests all over the world; as additional motivation, we often hear about the launch of yet another program directly helping these businesses, thus making it easier to become a start-upper. And here, the rhetorical question: “why not?!” pops into some people’s minds.

May 2019 | CCI: It's all positive
13 June 2019

A nationally representative sample of 358 Georgians, interviewed in early May 2019, revealed that the Consumer Confidence Index (CCI) improved by 4.3 index points, from -20.8 in April to -16.5 in May. A similar pattern was observed in both sub-indices from May: the Present Situation Index rose by 3.8 points (from -23.3 to -19.5) and the Expectations Index by 4.8 points (from -18.4 to -13.6).

ILO representative visits ISET, discusses labor conditions, automation, & the future
12 June 2019

On June 12, ISET hosted Kinan Bahnassi of the International Labor Organization, one of several UN-affiliated bodies active in Georgia. Mr. Bahnassi treated the audience of students, staff, and faculty to an interesting, perceptive, and rather a creative presentation.

Study of value added tax (vat) exemption benefits for increasing the competitiveness of the Georgian dairy sector
10 June 2019

Can VAT exemption on dairy products produced from domestic raw milk boost the competitiveness of Georgian dairy sector? The objective of the study was to estimate the potential impact of VAT exemption on dairy products on the competitiveness of the dairy sector in Georgia.

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