Financial Literacy Research in Georgia
01 February 2016

The aim of the project by ISET-PI, TNS, and TBC bank was to find out the level of financial literacy in Georgia. 1000 respondents were surveyed in the biggest cities of Georgia. The project is divided in three parts dealing with finance, trust in financial institutions, and financial literacy, in order to investigate Georgian citizens' behavior.

The Paradox of Soviet Excellence
15 May 2015

Here is a question that has bothered me for a while and I am surprised that nobody else seems to have asked it before: How comes Western countries had the better orchestras (collectives) and the Soviet Union the better classical music soloists during the Cold War? Would one not expect the contrary?

The US and Georgia: Finding the Common Denominator
27 April 2015

At ISET we teach graduate economics, which uses the mathematical language to analyze economic behavior (“microeconomics”) and macroeconomic systems. Being based in Tbilisi, we heavily depend on “upstream” Georgian educational institutions, such as schools and undergraduate departments at TSU and elsewhere.

What Happens When Institutions are Designed to Provide Bullet-proof Protection against Fraud?
26 March 2015

“Shock and awe” is a US military term describing the use of overwhelming power to demoralize the enemy, as applied by the American military in Iraq. “Shock and awe” would also aptly describe my emotional state when I entered, at the age of 23, the magnificent reading room at the Bodleian Library in Oxford. This was the moment when I – a former paratrooper and an officer with one of Israel’s security services – understood how badly I want to acquire an education. Not technical knowledge or skills, but an education.

Crime and Punishment in Georgia
28 October 2014

According to CRRC Barometer surveys and other opinion polls, the police has been until quite recently one of the most respected institutions in Georgian society. With 88% of the population holding a favorable view of its performance, police came second after church (93%) in the 2011 survey conducted by the International Republican Institute.