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From May 14-18, Pati Mamardashvili visited the Geisenheim University in Germany to attend seminars and give lectures to students. Pati’s visit was aimed at reinforcing cooperation between ISET’s Agricultural Economics Concentration and Geisenheim University.
Both teaching and research at Geisenheim Univerisity are practice-oriented and focus on viticulture, wine production, and wine business. During the visit, Pati had the pleasure to attend several seminars held by Peter Hayes – a well-known wine industry strategist and advisor. The talks addressed leadership in the wine industry, supply strategies, grower-buyer relationships, and a number of other topics.
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The Khachapuri Index is one of the most popular Indexes in Georgia. ISET uses the Khachapuri Index as a simple tool which 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.
International and domestic media outlets often mention the Khachapuri Index while speaking about one of Georgia’s most famous traditional dishes and about Georgia’s economy in general. In November 21, the BBC published an article about khachapuri, which read:
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