The cultivation of berries is becoming increasingly popular among farmers in Georgia. The necessity of diversification in agricultural production and opportunities in the EU market have led farmers and the state to placing greater focus on the sector.
In July 2019, Georgian power plants generated 1,055 mln. kWh of electricity (Figure 1). This represents a 16.8% decrease in total generation, compared to the previous year (in July 2018, the total generation was 1,268 mln. kWh). The decrease in generation on a yearly basis comes from the decrease in thermal (-52%) and hydro power generation (-17%), more than offsetting the increase in wind power generation (+11%).
On July 30-31, 2019 the International School of Economics (ISET) at Tbilisi State University hosted the 2-day workshops on economic integration in Asia and Europe sponsored by the CAREC Institute and the Asian Development Bank Institute (ADBI), together with the Ministry of Economy and Sustainable Development of Georgia.
The International School of Economics at Tbilisi State University (ISET, www.iset.ge) in Tbilisi, Georgia seeks to make an appointment at the ISET Policy Institute (www.iset-pi.ge), a leading economic policy think tank in the South Caucasus.
People face complicated financial decisions starting from a young age. Financial mistakes made early in life can be costly. Thus, Financial literacy could play an important role in sound financial decision-making. Financial illiteracy has implications for many household behaviors. People with the lack of financial literacy participate less in the stock market (van Rooij et al. 2011), choose mutual funds with higher fees (Hastings and Tejeda- Ashton, 2008), and accumulate less retirement wealth (Behrman et al. 2010).