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On May 13-15, ISET-PI researcher Giorgi Mzhvanadze participated in the annual European Newspaper Congress in Vienna, Austria. The congress was focused on the main opportunities and challenges of the daily newspaper medium, but the topics were much broader than the title suggested.
The Newspaper Congress was organized by the Medienfachverlag Oberauer, in cooperation with Norbert Küpper, a renowned newspaper designer. During the congress, 47 speakers from both developed and developing Europeancountries (including Georgia) presented 31 different topics in front of an audience of 500 bloggers and media experts from around the world.
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On April 30, 2018 Dr. Yasya Babych (ISET/MPRC) presented at the Georgian Banking Forum 2018 organized by The Financial. The conference was dedicated to the future of banking and took place at the Biltmore Hotel in Tbilisi. Among the invited speakers were Irakli Kovzanadze (Chairman of Finance and Budget Committee of the Parliament of Georgia), Murtaz Kikoria (Vice-Governor, Member of the Board of the National Bank of Georgia), Andras Hemberger(Mastercard), Kakha Kiknavelize (CEO of Bank of Georgia) and other notables.
Dr. Babych spoke about the issues of financial inclusion and financial literacy in Georgia. It is well-known that stability of the financial system and the strength of the entire economy depend greatly on the extent to which ordinary households and businesses are financially integrated. Although in the last 27 years Georgia managed to build a strong, resilient financial system, it still remains a country with high poverty rates, low youth participation in the economy (hence the low financial inclusion of the young), low usage of the newest financial technologies, relatively low financial literacy levels, and alarmingly low savings rates for the elderly.
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