The International School of Economics at TSU (ISET) and ISET Policy Institute are looking for a Communications Specialist.
Dimension and Scope:
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We were thrilled to see Salome Gelashvili, head of the ISET-PI Agricultural Policy Research Center (APRC), actively participate in a UNDP Georgia onli...
On November 8, ISET was visited by Mr. Juha Kahkonen, Deputy Director of the Middle East and Central Asia Department of the IMF, who gave a presentati...
Considering the significance of a green post-COVID recovery, alongside the importance of maintaining an ecological diverse economy, ISET Policy Instit...
Parliamentary elections are just around the corner. A well informed and empowered citizen is central to the outcome of elections that will be in the b...
On July 21, ISET Policy Institute (ISET-PI) held an online presentation 'Development of Indirect Impact Assessment Methodology and Multipliers'.
The ...
In early February, Dr Leruth gave a presentation to the G20's Task Force on Multilateralism and Global Governance. His address, entitled "Identifying ...
The AGRIndex and tracks the retail price dynamics of more than 100 primary agricultural products and emphasizes on domestic production. The data is collected in up to 60 municipalities across Georgia by the Ministry of Agriculture of Georgia, but all self-governing cities (and municipalities in Abkhazia) are excluded. The AGRIndex tracks the prices in local bazaars and markets, but in special cases prices might be collected in supermarkets or in groceries.
Data collectors record the prices for bundles of specific primary agricultural products that have not gone through any transformation or processing (except some dairy products). The basket of products if fixed and similar for all municipalities and the weight of specific product in specific municipality does not change across weeks. Data is collected on weekly basis on pre-determined dates, and discounted prices and the prices of non-standard or low-quality products are not recorded.
AGRIndex is a weighted average of four different sub-indices — Vegetable Price Index (VPI), Fruit Price Index (FPI), Dairy Price Index (DPI), and Meat Price Index (MPI), — where the weights for each sub-index are determined by the product weights they track. VPI, FPI, DPI and MPI separately track the price dynamics of products from respective product groups. The product basket contains specific products listed in the Classification of Individual Consumption According to Purpose (COICOP), while the weights to each specific product in the basket are assigned based on GeoStat’s Integrated Household Survey Databases. The calculation methodology is similar of what GeoStat uses to calculate Consumer Price Index (CPI), but the data is pre-filtered by ISET-PI’s own methodology. If for given month seasonal products are not available at the market the price data for these seasonal products are a subject of imputation based on CPI methodology.
AGRIndex, VPI, FPI, DPI, and MPI represent the month-over-month (m/m) price dynamics for respective baskets of agriculture products, but price dynamics compared to the same month of previous year, as well as compared to the average value of the base period (the first 12 months of price collecting process), are also calculated.
ISET Lectures, Seminars and Trainings
Lectures
Seminars
Trainings
Taxing Tobacco in Georgia: The welfare and distributional ga...
Tuesday, 19 November 2019
On November 19, ISET was visited by Mr. Alan Fuchs of the World Bank Group, whose presentation, 'Taxing Tobacco in Georgia: The welfare and distributional gains of quitting smoking’, delved into the welfare and distributional impact of increasi...
On the 13th of November, ISET was visited by Joey Cherdarchuk of Darkhorse Analytics, a Canadian company specializing in data science and information design. The firm is dedicated to helping organizations and individuals present their data in a clear...
Caucasus and Central Asia: Outlook and Policy Challenges
Friday, 08 November 2019
On November 8, ISET was visited by Mr. Juha Kahkonen, Deputy Director of the Middle East and Central Asia Department of the IMF, who gave a presentation on the fact that global trade tensions and slowing growth amongst key trading partners are affect...
On October 25th, ISET was visited by Dr. Robert A. Lawson of the Fraser Institute. In a highly entertaining and often humorous lecture, Dr. Lawson discussed a wide variety of topics, including the notion of economic freedom, research into economic li...
On October 2nd, ISET was visited by representatives of FMO, the Dutch Entrepreneurial Bank, who came to talk about the Bank’s activities and its investments in Georgia. Mr. Jan-Willem Hoek, Investment Officer, and Ms. Naomi Campbell, Environmen...
That Georgia is making strident progress on a variety of international indices is widely reported in the domestic press, but many Georgians may still view claims of their country ranking highly on global lists of safety and economic freedom with a de...
The Role of Small and Medium-sized Enterprises in Developmen...
Tuesday, 08 October 2019
Independent entrepreneurship is one of the main drivers of economic development and often manifests itself in the form of small and medium enterprises (SMEs). These start-ups trigger innovation, boost productivity and bring about structural change.
...
The Effects of Georgia’s Universal Health Coverage Program o...
Monday, 24 June 2019
Almost as soon as they are through the front doors, new arrivals to ISET are told that the institute is like a family, and it does not take long before the truth of these words is proved. ISET alumni frequently come back to visit, and not just to pay...
‘There are two types of people’ is the common opening for a number of jokes and idioms, but as research carried out by ISET alumnus Ala Avoyan (now of the University of Indiana) shows, there is some truth to this old adage.
Two different...
The debate over working hours has become a frequent topic of discussion in recent years, especially as increasing numbers of modern industries (especially workplaces such as technology startups) find the traditional nine-to-five standard incompatible...
Effects of the past: how Stalin’s deportations have affected...
Monday, 27 May 2019
It may appear as though the subject of gender and gender norms is a fairly recent socio-political phenomenon – particularly in Eastern Europe and Central Asia – but it does, in fact, have a longer history than might initially be thought, ...
Training in Value Chain Analysis for Social Enterprises
Wednesday, 19 September 2018
September 17-18 2018, the APRC’s Rati Kochlamazashvili and Pati Mamardashvili conducted a training exercise for Civil Society Organizations (CSO) running Social Enterprises (SE) in value chain analysis and development.
In the recent years, SE ...
Georgia committed to harmonize its electricity market legislation with EU Third Energy Package and liberalize it according to the accession protocol with the Energy Community. These structural changes are expected to contribute to a more efficient fu...
Integrating Ecosystem Services into Local Development Planni...
Monday, 02 April 2018
ISET Policy Institute collaborated with Gesellschaft für Internationale Zusammenarbeit (GIZ) starts a training course about integrating ecosystem services into local development planning.
Integrating Ecosystem Services into Local Development Pl...
ISET-PI trains Competition Agency of Georgia Staff in the basics of econometrics and STATA. The objective of the training is to strengthen the capacity of the Competition Agency staff to use STATA to conduct independent data analysis, run OLS regress...
ISET is implementing a new training program, "Economics, Finance and Banking," with VTB Bank. The aim of the program is to introduce VTB Bank's employees to the major principles of economics, finance and banking.
The training program is now being co...
