Russia’s invasion of Ukraine has profoundly affected nearly every aspect of the global economy, from food and energy security to supply chains and financial markets. The World Bank (June 2022) estimates that the 2021 5.5% rebound global growth is therefore expected to drop to 2.9% y/y in 2022.

On 30 June, ISET Policy Institute presented the results of its project on the “Information quality standards for the participants and beneficiaries of the Agricultural Knowledge and Information System (AKIS)” during the closing event, which itself aimed to identify the outcomes from the “Modernization of Vocational Education and Training (VET) System related to Agriculture in Georgia (VET Phase 2)” project.

The Russian invasion of Ukraine, as well as the global pandemic, have diverted the world’s attention and in general, put climate change and the green economy onto the back burner of the political agenda.

During the Russia-Ukraine the EU has become a clear example of how substantial reliance on a single country to satisfy energy needs can threaten nations’ economic development, and how challenging the task of achieving energy security is while substantially depending on a single country in key energy products.

On June 2, 2022, the International School of Economics at TSU alongside the ISET Policy Institute signed a Memorandum of Understanding with the Georgian Center for Strategy and Development (GCSD).