A world without poverty is the number one goal of the 2030 Agenda for Sustainable Development. Yet, poverty risks have been exacerbated globally in recent years, due to both the COVID-19 pandemic and the Russian war on Ukraine. Researchers currently estimate that between 760 and 873 million people around the world will be living in extreme poverty in 2022.

The study was to determine an optimal minimum wage for workers in Georgia, and resulted in a recommended range of 250-350GEL per month, albeit referencing numerous factors that need to be considered.

On February 24th, 2022, Russia invaded Ukraine. This event not only marked the collapse of a painstakingly built global security architecture and destroyed the lives and livelihoods of millions of civilians in the heart of Europe, it also put the world on the brink of the largest nuclear, humanitarian, and ecological catastrophe since WWII.

The term “dollarization”, commonly used among academic economists and finance specialists, has already entered Georgians’ everyday vocabulary. Few people, however, understand what dollarization is, how it comes about and why they should care. Below we try to fill this gap, explaining some basic concepts and discussing why and how dollarization affects ordinary people’s lives.

ISET Policy Institute team supports the Ministry of Education and Science of Georgia in implementing diversified financial mechanisms in Vocational Education and Training (VET). The project is implemented with the support of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.