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On Thursday, May 21st, ISET hosted the Governor of the National Bank of Georgia (NBG), Mr. Giorgi Kadagidze, who delivered a profoundly informative seminar to the ISET Community and participants of the ISET Finance Course for Professionals.
Aside from discussing the local currency (GEL) depreciation, the most popular economic issue in Georgia, Mr. Kadagidze covered some important aspects of long-term development challenges of Georgian economy based on the accumulated experience of past development of the country. The main topic of the seminar was a general overview of macroeconomic considerations in Georgia and how to finance its development while capital markets are still at an infancy stage.
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In the frames of the memorandum of understanding between ISET Policy Institute and Business Association of Georgia (BAG), ISET-PI offered a compressed four-day training to the staff of the association. Senior research fellows of the policy institute, Maya Grigolia and Nino Doghonadze conducted the training in the macroeconomics 101. The topics of the training included: GDP, unemployment, inflation, economic growth, investment, monetary and fiscal policy, international trade and exchange rates, etc.
The training took place at BAG office and 8 staff members participated. The process was very dynamic, interactive and interesting, enriched by the vast experience of the BAG staff.
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