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On Monday, June 13, ISET hosted Miranda Svanidze, an ISET graduate and current Ph.D. student of Leibniz Institute for Agricultural Development in Transition Countries (IAMO). She gave a presentation entitled “Spatial Integration of Wheat Markets in the South Caucasus and Central Asia”.
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XIX საუკუნის ბოლოს ამერიკელმა ეკონომისტმა, ტორსტეინ ვებლენმა (1857-1929) წარმოადგინა ძალიან საინტერესო თეორია, თუ რატომ სვამენ და ეწევიან ადამიანები საზოგადოებრივი თავშეყრის ადგილებში. ამ შესანიშნავი ნაშრომის მეოთხე თავში „წარმატებული კლასის თეორია“ (1899) ის ამტკიცებს, რომ ღარიბებს მოწევითა და სმით სურთ, თავი მდიდრებად გაასაღონ, რადგან ღარიბებს არ აქვთ საშუალება, იყიდონ ფუფუნების ისეთი საგნები, როგორიცაა ალკოჰოლი და თამბაქო.
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On June 10, in cooperation with G4G USAID, ISET Policy Institute completed a 3-day workshop on Competition Policy. Eleven participants from the State Competition Agency, the Taxpayers Union (TPU), Georgian Lawyers for Independent Professions (GLIP), and ISET all attended the event.
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Between June 9-10, Mr. Labadze attended the 4th Asia Think Tank Summit in Seoul, an event jointly organized by the Institute of Foreign Affairs and National Security (IFANS) at the Korea National Diplomatic Academy (KNDA), the Korea Development Institute (KDI), the Korea Institute for International Economic Policy (KIEP), the Civil Society Program (TTCSP) of the University of Pennsylvania, and the Asia Development Bank Institute (ADBI).
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On Thursday June 9th, Professor Bruce Boghosian of Tufts University gave a presentation entitled "The Statics and Dynamics of Wealth Distribution", a fascinating topic which detailed the use of an innovative approach to investigate inequality dynamics. Professor Boghosian first reviewed the history of measuring inequality, and discussed the works of well-known scholars of the field such as Pareto, Gibrat, Lorenz, and Gini, and then shared his own fascinating research with the audience. Though the mathematical rigour of the models was interesting, the results were fascinating; Boghosian showed that under certain conditions (when total wealth is unchanged and transactions between economic agents are conducted with few mistakes), societies are consistently prone to wealth concentration and Gini coefficient trends increase.