On Thursday, April 6, ISET hosted Professor Giorgio Brunello, who delivered a seminar for the ISET community. The title of his presentation was “Does Delayed Retirement Affect Youth Employment? Evidence from Italian Provinces”. According to his research, pension reforms that raise the minimum retirement age increase the pool of senior individuals aged 50+ who are not eligible to retire from the labor market.

This research paper intended to supplement and complement the following economic policy strategies and plans of the Georgian government in the areas of sustainable and balanced growth.

Giga Bokeria, the leader of the European Georgia opposition party, visited ISET to deliver a lecture on anti-corruption reforms in Georgia carried out by the United National Movement government of 2003-2012. Bokeria, a UNM member until 2017, played an integral role in the Rose Revolution, which ousted the late Eduard Shevardnadze, under whose tenure Georgia had become wracked by institutional corruption.

Economic reforms announced in the run-up to the parliamentary elections in October 2016 raised concerns about whether Georgia was departing from its path of prudent fiscal policy. A reform of the corporate profit tax and increased infrastructure investment were driving expectations of a 6% of GDP budget deficit in 2017, endangering Georgia’s macroeconomic stability and its reputation with investors.

On January 27, ISET students delivered yet another policy seminar. A presentation entitled “The Quality of Secondary Education” was delivered by Mariam Chachkhiani, Lika Goderdzishvili, Dika Khidesheli, and Tevos Matevosyan under the supervision of a senior research fellow in the Education and Social Policy Center at ISET-PI, Zurab Abramishvili.