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 ...
Georgian Consumers Emerge Victorious From The Russian-Turkish Spat
The Russian ban on Turkish goods turns out to be a boon for Georgian consumers. As Turkey is shifting its surpluses to the Georgian market, the prices of fruits and veggies are plummeting.
At the same time, given that some of the imported goods are substituting for local equivalents (e.g. the tasty “Dighmis” tomatoes), the fact that Turkish businesses are able to dump their products in Georgia is no fun for domestic producers, particularly those among them who have recently borrowed (in hard currency) in order to invest in modern greenhouse technologies. To the extent that Georgian market remains unprotected, the most vulnerable among these producers may simply go out of business.
FPI Reverses Trend after Reaching an All Time Maximum in January 2016
Considering all other food categories, FPI increased 2.6% y-o-y (compared to February 2015). However, in monthly terms (m-o-m), its down 0.6% after hitting a maximum in January. This is remarkable given that during this period the Georgian Lari took another hit (since early January 2016, GEL depreciated by 3.5%, from 2.39 GEL/USD to 2.48 GEL/USD).
In monthly terms, prices decreased the most for imported and local tomatoes (by 19.7% on average). Buckwheat and eggplant prices are also down by 10.9% and 10.8%. Only a few products gained in price: cabbage is up 4.7%; pasta and butter prices increased by 3.9% and 3.1%, respectively.
Given the pressure on the Georgian Lari, one could have expected the prices of imported goods to increase. Yet, this is not happening. Import prices actually declined in two food categories – fruits & vegetables, and groceries (cereals, wheat flour, pasta, sugar, and oils). In addition to the Turkish factor, import prices may be declining because Georgia’s main trade partner countries may also be experiencing currency devaluations.
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...
