Economists disagree whether it was a good decision to reestablish the Georgian competition authority. When some years ago it was removed, the underlying logic was that a non-existing authority cannot be corrupt, and, more importantly, cannot harm the economy through misguided decisions. Assuming that corruption will not be a problem for the competition authority, neither now nor in the future, regulating markets is still a highly delicate issue which yields many possibilities to go wrong.
On Friday, April 3rd, Professor Sergey Popov from the Queen's University Belfast visited ISET to present his paper titled "On Publication, Refereeing, and Working Hard” co-authored with Sascha Baghestanian, junior professor at the department for management and applied microeconomics at Goethe University, Frankfurt, Germany.
The Estonian-Georgian film, Tangerines, was nominated for the Academy Award for Best Foreign Language Film in 2014. While the film was shot in Guria, the story takes place in Georgia’s breakaway region of Abkhazia during the war in the early 1990s.
On Wednesday, April 1st, ISET hosted Dr. Asger Moll Wingender from the University of Copenhagen. Dr. Wingender presented his paper “Irrigation and Autocracy” co-authored with Jeanet Sinding Bentzen and Nicolai Kaarsen.
Khachapuri index kept declining in March with the average cost of cooking one standard Imeretian Khachapuri reaching 3.15 GEL. This is 7% lower month-on-month (compared to February 2015), and 3.1% lower year-on-year (compared to March 2014).