ISET

On January 16, a Memorandum of Understanding was signed between the ISET Policy Institute and the Ministry of Economy and Sustainable Development (MoESD) of Georgia. The document was signed by Eric Livny, President of the ISET Policy Institute, and Giorgi Kvirikashvili, Vice Prime Minister and Minister of Economy and Sustainable Development.

The Memorandum envisages the planning and implementation of joint projects, trainings and research activities. Additionally, successful ISET students will have the opportunity to intern at and otherwise cooperate with the MoESD.

“ISET is a young organization but you have already established yourself as an excellent educational institution and a very successful Georgian think tank,”

On December 5, ISET hosted Azim Sadikov, IMF Resident Representative in Georgia. Mr. Sadikov presented the 2014 October Regional Economic Outlook.

In the beginning of the presentation Mr. Sadikov spoke about the current economic situation in the Caucasus and Central Asia (CCA) region. He explained that the main reasons for economic slowdown in these countries are weaker domestic demand. Moreover, the global environment with almost 30% decline in oil prices and rising regional tensions have been significantly affecting Russia, the key trading and source of investment inflows for most of these countries.

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