Early next month, the eyes of the world will briefly turn to Switzerland. On June 5th, the citizens of this prosperous country will vote in an unprecedented referendum on the idea of guaranteeing each citizen a basic income equivalent to roughly 30,000 USD per year.

It is easy to understand what it means for an economy to be weak or strong. We know that a strong economy is characterized by low unemployment and high growth rates. Other desirable traits are, for example, low levels of poverty and income inequality, when all citizens enjoy reasonable standards of living.

One of the most puzzling aspects of the Georgian labor market is what is known as the “qualification mismatch”. While unemployment is high, many positions remain vacant due to a lack of qualified applicants.

The consultancy aimed to identify training programs that addresses actual labor market demand and devise an algorithm for matching the unemployed with these programs taking account of their skills, work experience and motivation. As part of this project, ISET-PI aimed to identify vocational training programs that address actual labor market demand, and devise an algorithm to assign registered unemployed to these programs (taking account of their skills, work experience and motivation).

There are many possibilities for how to increase the productivity of the Georgian agricultural sector. Experts suggest upgrading knowledge and technologies, promoting collaboration among farmers, and coping with the land fragmentation problem, to name just a few of the ideas circulating in the debate.