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Training in green economy for journalists and students

ISET Policy Institute, thanks to the financial support of the Norwegian Ministry of Foreign Affairs, is launching a series of training in Green Economy for journalists and students.

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ISET's BA Program in Economics ranked #1

For the second consecutive year, ISET's BA Program in Economics ranked No. 1 among every economics and business program in Georgia, based on the NAEC scores.

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Sector and Value Chain Analytics

These quarterly reports provide an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) in the selected value chains within six sectors to improve evidence-based decision-making by providing quality information and analytics.

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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.

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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Policy research

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Support to Georgian Reform Tracking System - ReforMeter
Reform progress analysis for policy making and public dialogue through ReforMeter: the objective of the proposed activity is to increase transparency, public accountability, and efficiency of Georgia’s economic reforms’ implementation and outcomes through engaging multiple stakeholders in the efficient dialogue.
15.03.2021
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Regulatory Impact Assessment (RIA) on Tourism Local Fee
This in-depth study seeks to quantify the costs and benefits associated with introducing a local tourism fee to support public services and touristic infrastructure in Georgian municipalities. Locally generated and retained fee revenues are one of the best methods for boosting local economies and maintaining tourist infrastructure. A tourism local tax and/or fee is an internationally accepted practice and is paid by non-residents when staying in local tourist accommodations and when receiving specialized services.
09.03.2021
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Activites

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ISET Economist Blog

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Is There an End in Sight to Food Price Inflation?
In the past year and a half since the pandemic began, we’ve all become familiar with phrases such as “supply chain disruption,” “turbulence and volatility in international markets,” and “in these unprecedented times,” often used to preface news about pandemic-related food price increases across the globe.
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Desertification in Kakheti – a Threat to Kakhetian Agriculture?
Kakheti is one Georgian region that is economically dependent on agriculture. According to data from the Agriculture and Rural Development Strategy 2021-2027, 40.1% of Georgia’s agricultural lands are within Kakheti, where its largest areas are arable lands, pastures, and vineyards, making it the leading region in the production of cereals, livestock, and wine. In 2020, wine production in Kakheti alone accounted for 75.5% of all the wine produced throughout the country.
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Five Ways Covid-19 Affected the Georgian Labor Market in 2020
The World Health Organization’s declaration of Covid-19 as a pandemic on March 11, 2020 can be considered a watershed in the recent history of mankind. The pandemic and its concomitant changes, such as switching to remote activities, affected different aspects of one’s life, including individuals’ participation in and behavior on the labor market.
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