One of ISET’s core values is to provide its students with an international academic environment. One of the key aspects of this mission is the academic seminars the institute periodically hosts; many outstanding scholars have visited ISET to present their research results and discuss issues in the focus of academic circles all over the world.
Today and tomorrow over a third of the world’s population (around 2 billion people) will be celebrating Christmas1. Traditionally, the holiday season will inevitably feature an exchange of gifts. The sums spent on Christmas gift-giving are huge! For example, in 2018 the expected spending on Christmas gifts in the United States is around 885 USD per person2 – this is about 2.8% of what someone in the middle of income distribution earns per year.
A decade after its founding, ISET celebrates its entry among the top 10% economic institutions worldwide doing research on CIS countries. In November 2018 IDEAS ranked ISET the 142nd place out of the 1448 economic institutions in its database doing research on CIS countries. IDEAS is an international database that monitors publications in all fields of economics and ranks economic institutions around the world according to the visibility of their research i.e. how many times their online articles are viewed and downloaded.
Did you know what Georgia produces most and what the share of its production worldwide is? Wine and copper seem the obvious answers – but these would be wrong. The answer is, in fact, cryptocurrency: 15% of all Bitcoins in the world are mined in Georgia, perhaps a disproportionate figure given the country’s small size.
It is that time of year again when our world starts revolving around the World Bank’s Doing Business publication. It is a time when we once more have the chance to brag about how easy it is to start a business in Georgia, about how small the tax burden on businesses is, and about how good we are at enforcing contracts.