After hitting an all-time high in JUN-17, the GEO real property market slowed down in JUL-17 (-13.8% MoM), but gradually recovered during the next two months: AUG-17 (+6.5% MoM) and SEP-17 (+3.8% MoM). Despite the slowdown, with a total of 24 848 property sales, the GEO market in Q3 2017 grew by 0.7% compared to the previous quarter, and 5.9% against Q3 2016.
It is no secret that global competition for the best brains is as intense as ever. Having adequate human capital can put a country on a trajectory of perpetual growth, say economists. The ‘brain wars’ typically play out in the setting of national and multinational companies competing for talent, but some of the most intense fights happen between universities struggling to recruit and retain the best young minds on the planet.
For over a decade, ISET has produced MA graduates whose experience, knowledge, and expertise have allowed them to pursue successful careers across the world. Some stayed in academia, and went on to earn further degrees in the United States and Europe; others moved into public service or the private sector, both at home and abroad, actively working towards regional development or establishing successful careers overseas.
The International School of Economics at Tbilisi State University (ISET, www.iset.ge), in Tbilisi, Georgia, expects to appoint a Director of Executive Education. The deadline for applications is 6 October 2017.
The Georgian Business Confidence Index (BCI)* has decreased slightly, reaching 27.0 index points, which is a -2.0 index point loss over the previous quarter. The third-quarter drop in the BCI was mostly driven by the notable decline of the Expectations Index, which judging from the previous quarter's findings, may be explained by private sector realignment with reality rather than by worsened economic conditions.