The Khachapuri Index is one of the most popular Indexes in Georgia. ISET uses the Khachapuri Index as a simple tool that tracks inflation. The creation of the Khachapuri Index was inspired by the Big Mac Index, made and used by the Economist. ISET’s Khachapuri index uses a basket for calculating inflation that includes only those ingredients that are needed to cook one Imeretian khachapuri – flour, cheese, yeast, milk, eggs, and butter.

As a key finding in this year’s EPI-scoring, air quality keeps deteriorating human health in such a manner that it is considered as “…the leading environmental threat to public health” (EPI, 2018). The exposure of pollution and its particles from e.g. heavy traffic is a contributing factor. In Sweden, the transporting sector constitutes 1/3 of the total CO2 emissions.

ISET would like to congratulate two of its resident faculty members, Karine Torosyan and Norberto Pignatti, together with our visiting faculty member Maksym Obrizan, on the publication of their new joint paper “Job market outcomes of IDPs: the case of Georgia”, in the IZA Discussion Paper Series from the Institute of Labor Economics, Bonn (the series is ranked 6th worldwide for economics by IDEAS/RePEc).

2018 წლის იანვარში გამოქვეყნდა საერთაშორისო სავალუტო ფონდის (IMF) კვლევა, რომელშიც მოცემულია 158 ქვეყნის ჩრდილოვანი ეკონომიკის ზომის შესწავლის ახალი შედეგები 1991-2015 წლებისთვის. ნაშრომის ავტორების, მედინასა და შნაიდერის (2018 წ.) აზრით, აღნიშნულ პერიოდში ჩრდილოვანი ეკონომიკა საქართველოში, საშუალოდ, მშპ-ის 64.9%-ს შეადგენდა, რაც ყველაზე დიდი მაჩვენებელია მსოფლიოში! 2015 წელს (ბოლო წელი რომელსაც მოიცავს კვლევა), საქართველოს მდგომარეობა გაუმჯობესდა და ჩრდილოვანი ეკონომიკის წილი 53%-მდე დავიდა.

ISET would like to congratulate resident faculty member Norberto Pignatti on the publication of a new paper (together with Hartmut Lehmann of the University of Bologna) entitled “Informal Employment Relationships and the Labor Market: Is there Segmentation in Ukraine?”, in the IZA Discussion Paper Series, from the Institute of Labor Economics, Bonn (the series is ranked 6th worldwide for economics by IDEAS/RePEc).