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On May 1, 2013, Professor Eberhard Feess of the Frankfurt School of Finance and Management, held a seminar at ISET on Competition Policy. The presentation covered theoretical and applied aspects of competition policy and its relevance to Georgia.
Professor Feess started the seminar by discussing the importance of competition agencies, corresponding laws and policies in the developed countries. He named three issues which any good competition law must address: abuse of dominant position on the market, control of mergers and acquisitions and cartel detection.
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The ISET Policy Institute continues to update Georgian society about the current macroeconomic developments in the country. The highlights of its Macroeconomic Monthly Review of the Georgian Economy, January 2013 are as follows:
- According to GeoStat, year on year (y-o-y) economic growth in Georgia was 2.3% in January. Based on currently available information, ISET Policy Institute’s growth forecast was downgraded from 5.4% to 2.5% for the 1st quarter of 2013.
- Consumer confidence (and both its components – the present situation index and the expectations index) continues to grow.
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