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ISET presents Agrotourism RIA findings to the stakeholders
25 November 2021

On 18 November, ISET’s Agricultural Policy Research Center presented the findings of its Regulatory Impact Assessment (RIA) on the draft law on agrotourism and thereafter discussed the associated socio-economic benefits and the costs.

Sector and Value Chain Analytics – Third Report
01 October 2021

This quarterly report provides an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) in the selected value chains within six sectors to improve evidence-based decision-making by providing quality information and analytics. These specific sectors are tourism, creative industries, light manufacturing, shared intellectual services, waste management, and recycling, along with cross-cutting sectors.

May 2021 GDP Forecast | Tourism decline was main driver of 2020 negative growth. Will it drive the recovery in 2021?
24 May 2021

Geostat has released its GDP growth estimate for the first quarter of 2021. The Q1 growth stands at -4.2%, which is 1.2 percentage points above the recent ISET-PI forecast. ISET-PI’s forecast of real GDP growth for the second quarter of 2021 stands at 12.2% -up from 11% in April. The third-quarter growth forecast currently stands at 3.3%.

Sector and Value Chain Analytics – Second Report
30 April 2021

This quarterly report provides an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) in the selected value chains within six sectors to improve evidence-based decision-making by providing quality information and analytics. These specific sectors are tourism, creative industries, light manufacturing, shared intellectual services, waste management, and recycling, along with cross-cutting sectors. The analysis tracks trends from 2014 to the third quarter of 2020.

Regulatory Impact Assessment (RIA) on Tourism Local Fee
09 March 2021

This in-depth study seeks to quantify the costs and benefits associated with introducing a local tourism fee to support public services and touristic infrastructure in Georgian municipalities. Locally generated and retained fee revenues are one of the best methods for boosting local economies and maintaining tourist infrastructure. A tourism local tax and/or fee is an internationally accepted practice and is paid by non-residents when staying in local tourist accommodations and when receiving specialized services.

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