- Details
On November 4th, President of ISET Eric Livny and the Team Leader of the German Economic Team (GET) Ricardo Giucci held a joint session for stakeholders on their most recent study: Depreciation of Lari: “Necessary and Effective”, that GET produced in cooperation with ISET-PI. Mr. Eric Livny started with a short introduction about the partnership between the ISET-PI and GET that has been going on over a year in subjects such as: exchange rate, industrial, energy, resource extraction policies etc. Afterwards Mr. Giucci presented study to the stakeholders.
The study includes some of the major reasons behind Lari Depreciation starting from autumn 2014: such as linkages of Georgia to its neighboring countries, global appreciation of dollar, increasing trade deficit by USD 500 mil, higher demand for USD. Afterwards Mr. Giucci reviewed National Bank policies undertaken in this period and evaluated them as effective to regain stability in the economy.
- Details
The International School of Economics at Tbilisi State University has signed a contract with the Asian Development Bank to contribute to a study on: “Good Jobs for Inclusive Growth in Central and West Asia”. Since obtaining independence in the early 1990s, Central and West Asian countries have made noticeable progress. However, recent economic disruptions, mainly caused by the structural decline in energy prices and the protracted devaluation of currencies in the region, are affecting jobs, remittances, and people’s general well-being. The economic slowdown is also accelerating the underlying trend of increasing inequality, limiting countries’ ability to pursue inclusive growth. Other structural issues such as the lack of economic diversification, a sluggish private sector, and the mismatch between skills and labor demand further complicate the picture for policymakers.
Our Partners
