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On Thursday, April 2nd, Giorgi Bakradze, the Advisor in Economics Issues to the President of the National Bank of Georgia, gave a public lecture organized by ISET. The main topic of his presentation was Formation of Exchange Rate that addressed currently occurred exchange rate changes. More than 400 students and other interested individuals attended the meeting.
Mr. Bakradze started his presentation by introducing the main concepts of economics such as what is exchange rate, well-known so called the Big Mac Index, what is a difference between fixed and floating exchange rate etc.
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On March 12, ISET hosted the Ukrainian delegation within the scope of the project “Ukraine out of Crises through Dialogue” implemented by the Caucasian House. The main purpose of the meeting was to share experience of Georgian economic transformation throughout the last decade. It was the second meeting in the framework of this project. ISET hosted the first delegation in November 2014.
Eric Livny, the president of ISET, presented major Georgian economic reforms that are relevant to Ukraine nowadays. Apart from the military conflict, challenges Ukraine faces today can be somehow compared to those Georgia has overcome in 2003.
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