ISET would like to congratulate two of its resident faculty members, Karine Torosyan and Norberto Pignatti, together with our visiting faculty member Maksym Obrizan, on the publication of their new joint paper “Job market outcomes of IDPs: the case of Georgia”, in the IZA Discussion Paper Series from the Institute of Labor Economics, Bonn (the series is ranked 6th worldwide for economics by IDEAS/RePEc).

Drug policy reform is now at the center of a heated debate in Georgia. Despite the importance of the subject, however, most of the discussions I have heard so far are based on phobias and myths, rather than on evidence. This is a pity, as a society will ultimately have to decide on the subject by voting YES or NO on this reform, thereby choosing between very different potential outcomes. Having an informed opinion on the issue is, therefore, extremely important.

ISET continues to challenge its BA students to think about economics and apply knowledge gained during their studies in everyday life. On October 19, 2017, Eric Livny, President of ISET and BA Program Director, conducted a very intriguing discussion on how to start a business in Georgia and what factors one has to initially take into account.

Gigla Mikautadze, the manager of ISET’s “ReforMeter” project, was invited by the International Monetary Fund to the annual meetings of the World Bank Group and the IMF which took a place in Washington D.C. October 9-14. The participants of the event discussed the current trends in the global economy, government policies, and strategies for poverty reduction.

Based at the International School of Economics at Tbilisi State University (ISET), the ISET Policy Institute (ISET-PI) is one of the first university-based think tanks in the South Caucasus. ISET-PI complements the educational mission of ISET by delivering training, conducting research and analysis, expressing views on policy, and providing a professional platform for policy discussions and debates.