ISET-PI’s forecast of real GDP growth for the third quarter (July-September) of 2019 remains at 7.1%, unchanged from last month’s prediction. While the third estimate for the fourth quarter (October-December) growth forecast stands at 5.5%. Geostat recently published its preliminary estimate of real GDP growth for August, which currently stands at 5.8%. As a result, the real GDP growth estimate for the first eight months of 2019 was reduced to 5%.
ISET Policy Institute implemented the project Shadow Analysis for Georgia in partnership with Ernst & Young Poland. Under the framework of the project, the ISET -PI team performed the following activities:
At times math teachers use a legend, “mathematics in the game of chess”, as an introduction to Exponential Functions. The original myth tells of a mathematician in India who invented the game of chess and was subsequently bestowed a vast reward for its creation. The king of India was so impressed by the game that he offered the mathematician to “name your reward!” The inventor responded, “My wish is simple.
Academic programs coordinator serves ISET BA students and faculty and ensure smooth teaching and learning processes.
According to a nationally representative sample of 341 Georgians interviewed in late February 2019, the Consumer Confidence Index (CCI) dropped by 1.7 index points, from -17.5 in January to -19.2 in February. This dip was driven by the Present Situation Index, which fell from -19.5 to -23.8. The Expectations Index instead rose by 2.9 index points (from -17.5 to -14.6) compared to January.