ISET

On October 6th, ISET-PI research fellow, Levan Pavlenishvili of the Energy and Environment Policy Research Center, participated in a panel discussion organized by World Experience Georgia (WEG) at Ligamus Book shop of Ilia State University. The panel discussed Discussion subsidies in the energy sector and it was attended by representatives of academia and other sector stakeholders including WEG representatives Mr. Murman Margvelashvili and Mr. Giorgi Mukhigulishvili. Panelists started with a review of international practices of subsidies in energy sector detailing the 30 main branches and 500 various types of subsidies in energy sector. Furthermore, Mr. Murman Margvelashvili presented types of subsidies used in power generation and consumption sectors, as well as in other energy sources.

On Tuesday, September 15th, Levan Pavlenishvili, research associate of Energy & Environment Research Center, visited Eastern Partnership Youth Camp in Kvareli. Levan lead a session on the Market Economy. He conducted a Competitive Bazaar simulation with camp participants to give them a sense of how the market works. As this simulation requires, Levan divided participants into two groups of buyers and sellers. The main goal of sellers was to sell an imaginary Khachapuri at the highest price possible, while the buyers aimed at buying it at the lowest price possible. They were required to trade with each other in order to find an equilibrium price level. Afterwards Levan facilitated a discussion about economic potential of eastern partnership countries and how they can benefit from economic integration with European Union.

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