Inflation of Trust
12 April 2021

World economies hampered by the pandemic; countries facing public healthcare crises, with millions killed by COVID-19; thousands of cities under lockdown; social distancing and transformed social practices; countless institutions functioning online; the youth spending endless days and nights in front of computer screens; and, globally, over a year of online education. This is the reality in many countries around the world, including Georgia, in the spring of 2021.

COVID-19 – A Threat but Also an Opportunity for More Decisive Actions Against Climate Change
07 December 2020

Covid-19 has exposed many countries to severe healthcare and economic crises, which have disproportionally adversely affected the most vulnerable and low-income parts of society. The current pandemic crisis, however, has also brought some interesting opportunities to light.

The Political Economy of Internal Adjustment in the Baltics in 2008-10 in the Light of Models of Currency Crises
15 February 2018

On Thursday, February 15, ISET hosted Dr. Vytautas Kuokštis, an Associate Professor at Vilnius University and the Institute of International Relations and Political Science. Dr. Kuokštis gave a presentation entitled “The Political Economy of Internal Adjustment in the Baltics in 2008-10 in the Light of Models of Currency Crises”.

Political Blame Games: How to Escape the Mankind’s Favorite Game of Destruction?
26 March 2016

In the old times, particularly after major crises, humans always looked for someone whom they could hold responsible. Ancient societies had scapegoats (either animals or humans) that would be sacrificed after a disaster. People believed that the sacrifices purified the community and helped avoid the punishment of the gods.

People tend to take less risks during economic crises according to ISET’s Norberto Pignatti
07 March 2016

Using the panel data on the German and Ukrainian labor markets, Prof. Pignatti and his co-authors Thomas Dohmen (University of Bonn, Maastricht University, IZA and DIW, Berlin) and Hartmut Lehmann (University of Bologna, IZA and DIW, Berlin) show that risk attitudes have permanent (exogenous) determinants that are valid at different stages of economic development and in different structural contexts.