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Feasibility study for the polypropylene production in Georgia
13 April 2020

The possibility of own polypropylene production inside Georgia has been an important topic of governmental policy and strategy discussion during the COVID-19 epidemic. The study looks at both technical and economic feasibility of producing polypropylene in Georgia using several alteranative methods.

How Does Covid-19 Affect the Food Supply Chain in Georgia?
07 April 2020

Images of empty shelves in grocery stores worldwide have emerged amid the COVID-19 pandemic. So far, this has had little to do with an actual shortage of food products but rather has reflected the behavior of panicked consumers who are hoarding food. While some earlier publications perceived no imminent threats from the pandemic to global food security, more recent articles called attention to proper policy responses to reduce the potential negative impacts of COVID-19 on local and global food systems and food security.

Should the World Sacrifice the Economy to Save Lives Today?
06 April 2020

No two countries that both have a McDonald's have ever been at war wrote American political commentator and author Thomas L. Friedman in 1996. Since then, of course, there have been plenty of instances of countries with McDonald’s warring, including Russia and Georgia. Though, one should not take Friedman’s phrase too literally. Rather he implies that the spread of McDonald's is a part of a worldwide phenomenon of countries integrating with the global economy, which, in turn, makes wars less likely.

March 2020 GDP Forecast | Georgia’s growth prospects before COVID-19, and how things may change due to pandemic
31 March 2020

The annual real GDP growth for 2019 amounted to 5.2%, while the real GDP growth rate reached 5.1% year-on-year for January 2020. Before taking into consideration the negative consequences of COVID-19 on the real GDP growth forecast, ISET-PI predicted 4.7% and 5.4% growth for the first and second quarters of 2020 respectively, based on data from January 2020.

Regional Impacts of COVID-19 Shock to HORECA Sector
27 March 2020

The outbreak of the virus and the corresponding containment measures have started to severely affect the global economy. The Organization for Economic Co-operation and Development (OECD), in its Interim Economic Outlook Report (2020) on March 2nd downgraded 2020 real GDP growth projections for almost every country. The largest reduction in growth projections is seen for China (-0.8 percentage points) with a worldwide real GDP growth rate expected to decline from 2.9% (November 2019 forecast) to 2.4%.

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