After a decline in January 2021 compared to December 2020, the Tbilisi Residential Sales Price Index (SPI) showed an upward trend in Q1 2021, increasing from 110.7 index points in January 2021 to 113.5 index points in March 2021 (the index is equal to 100 in the base period, January 2019).
We are honored and delighted to announce that the BA and MA in economics programs of the International School of Economics at Tbilisi State University (ISET) are now officially accredited by the international quality assurance agency, FIBAA. As a result of this achievement, ISET’s degree programs are presently the only internationally accredited programs in Georgia within the field of economics.
In a recent ISET Economist blog post, Luc Leruth explores the notion of a spatial fracture in Georgia. He wonders whether people will become accustomed to working remotely, with the COVID crisis having given them this fresh opportunity. If so, this could help decrease the strain on Tbilisi infrastructure by slowing down migration to the capital. Will COVID, unexpectedly, convince people to continue working remotely and settle outside Tbilisi in the countryside?
The International School of Economics at TSU (ISET) and its Policy Institute in Tbilisi, Georgia seek to make an appointment.
The Tbilisi Residential Sales Price Index (SPI) showed no significant fluctuations from the beginning of 2020; varying between 113 and 114 index points (the index equals 100 in the base period, January 2019).