On 20-21st of March of every year, Azerbaijan celebrates “Novruz Bayram”, the oldest family holiday in the country. Azerbaijanis from the ISET community did not miss the opportunity to celebrate this great holiday with their ISET family as well, one week prior to the main festive. In the atmosphere of Azerbaijani folk music, ISET students, faculty, and staff tasted delicious dishes from national Azerbaijani cuisine: the Sebzi Pilaf (plov), Pakhlava, and tea with herbs.
On March 12, ISET hosted the Ukrainian delegation within the scope of the project “Ukraine out of Crises through Dialogue” implemented by the Caucasian House. The main purpose of the meeting was to share the experience of Georgian economic transformation throughout the last decade. It was the second meeting in the framework of this project. ISET hosted the first delegation in November 2014.
In December 2014 ISET-PI has been awarded a 5-year grant by the Swedish International Development Agency (Sida) providing the Institute with the opportunity to transform itself into the premier economic policy think-tank in the South Caucasus.
On February 18, the European Bank for Reconstruction and Development’s (EBRD) lead economist for Central Asia and Georgia, Agris Preimanis, delivered two presentations at ISET titled: 1) “Oil-driven Russia downturn adds to weakness in EBRD economies” and 2) “Innovation in Transition”.
„საპნის ბუშტად“ წოდებული სპეკულაციური მანია ერთ-ერთი ყველაზე გასაოცარი ეკონომიკური ფენომენია, რომლის დროსაც ხალხის მაღალი გადახდისთვის მზადყოფნა ამა თუ იმ საქონლის ან მომსახურებისათვის სრულიად მოწყვეტილია აქტივის რეალურ ღირებულებას. ამ მოვლენის დრამატული შედეგის ცნობილი ისტორიული მაგალითია 1920 წლის საფონდო ბირჟის კრახი.