ISET

ISET Policy Institute provides yet another free RIA training course for local government officials

ISET Policy Institute held a free Regulatory Impact Assessment (RIA) basic course for local government officials. RIA is one of the best mechanisms for evidence-based policy development, and the preparation of it became mandatory for a number of normative acts initiated by the government since 2020.

November 2023 | Khachapuri Index increased by 5.5%

In November 2023, the average cost of preparing a standard portion of Imeretian Khachapuri continued its upward climb, reaching 6.47 GEL. This represents a 5.5% increase from the previous month (October 2023) and a 6.9% decrease compared to the same period last year (November 2022).

ReforMeter hosted opening public-private dialogue on small and medium enterprise developmental reform

Prof. Andre de Palma discusses the potential economic and social impact of low-emission zones

Dr. André de Palma, a distinguished Professor at CY Cergy Paris Université, THEMA, recently presented a seminar at ISET on the “Impact of low emission zones on spatial and economic inequalities using a dynamic transport simulator”.

World Bank Economists Address Welfare and Inequality in Global and Georgian Contexts at Public Seminar

MediaTOR - Economic reforms library for media

MediaTOR is an innovative platform implemented by the ISET Policy Institute and Internews Georgia with the support of the USAID Economic Governance Program. Its purpose is to develop fact-based economic journalism and promote public participation in the process of economic reforms.

WHO WE ARE

ISET Policy Institute provides independent policy research, analysis, and training, and it reaches out to the broader academic, policy and business community, as well as the general public. Our key areas of expertise are in Agricultural Policy, Macroeconomic Policy, Energy & Environment, Private Sector Development, and Inclusive growth. Within these sectors, ISET maintains a portfolio of regular indices and analytical publications, and implements externally financed projects.

Macroeconomic stability

Gender

Indexes

Agri Review

Summarizes the major developments in the agricultural sector and provides brief analysis of the related economic indicators.

Business Confidence Index

Comprises seven sector-specific sub-indices covering services, retail trade, agriculture, manufacturing, financial services, construction and other sectors.

Consumer Confidence Index

Measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.

Electricity Market Review

Analyses the main trends and key events in Georgia’s electricity market.

Energy Market Review

Analyses the main trends and key events in Georgia’s energy sector, including electricity, oil, and gas.

GDP Forecast

Provides current-quarter and one-quarter-ahead GDP forecasts for those who need to make business and policy decisions and cannot wait until the official statistics are announced several months later.

Gender Equality Index

Following an EU methodology and taking into account regional context, the Index measures progress towards gender equality among 12 former soviet countries.

Khachapuri Index

Inspired by the Big Mac Index of the Economist magazine, it tracks inflation by using the most popular Georgian Food, the Khachapuri.

Macroeconomic Review

Offers a comprehensive review and an economic interpretation of the existing data trends, which are based on monthly statistics from GeoStat, NBG, and other sources.

REMLab

According to the best global practices, residential and commercial real estate price indices are calculated using several measures

Publications

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06 November 2023

SME digitalization: 2023 snapshot

In recent years digitalization has continued to reshape global contexts, impacting all aspects of life and business. The pandemic accelerated digital adoption, making it a critical factor for business resilience.

01 November 2023

Insolvency reform assessment report

Before the current insolvency reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet either creditors’ or debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.

23 October 2023

Water resource management reform assessment report

The Law of Georgia on Water Resource Management (the Law), passed by the Parliament in its third reading on June 30, 2023, outlines the principles of basin management according to which the country will be divided into seven river basins, and corresponding basin management plans will be created.

Projects

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Capacity building of civil society organisations (CSOs)

The EaP CSO program, funded by BMZ and implemented by GIZ, strengthens CSOs in EaP countries, focusing on institutional capacity, networking, and grant projects for sustainable local development.

01.11.2023

Developing RIA SME Test Methodology for Georgia while strengthening the capacity of the Government of Georgia in utilizing the SME RIA tools in practice

ISET Policy Institute, in partnership with UNDP, has launched a new project, entitled "Developing RIA SME Test Methodology for Georgia", with the aim of strengthening the Government’s capacity to analyze policy impacts on SMEs by providing essential tools, knowledge, and practical experience.

20.02.2023