On Monday, May 11th, Professor of Norwegian School of Economics (NHH) Dr. Mette Helene Bjørndal gave a public lecture at ISET conference hall. Prof. Bjørndal held the presentation titled “Insights into the Nordic Energy Market”. The main aspects of the presentation was to review structure, main characteristics of Nordic power market and peculiarities of its integration into other European electricity markets.
Prof. Bjørndal started her presentation by introducing some basic characteristics of power sectors of Scandinavian countries. She covered some issues of the market design, its components, and architecture. Prof. Bjørndal compared integrated and unbundled systems by providing examples and commented on how unbundling was done in Scandinavia.
On Wednesday, April 29th, ISET hosted Mr. Donghyun Park, Asian Development Bank’s Principal Economist at Economics and Research Department. Mr. Park presented recently published ADB's Asian Development Outlook (ADO) 2015 Theme Chapter “Financing Asia’s Future Growth”. ADO is the annual flagship report of the Asian Development Bank.
On the presentation Mr. Park explained the role of a sound and efficient financial system in sustaining the region’s future growth. He started with explaining the existing dichotomy in Asian countries: many Asian countries (e.g. South Korea) have world class manufacturing sectors, while financial sector is relatively underdeveloped.
On Tuesday, April 21st, Tornike Kadeishvili, Head of Scientific Board of Andrea Razmadze Mathematical Institute and Professor of Mathematics at ISET, gave a public lecture organized by ISET. The presentation was of “popular lecture” type, were Prof. Kadeishvili showed students how mathematics is used in modeling of economic events. More than 100 students and other interested individuals attended the lecture.
Prof. Kadeishvili started his presentation by showing his proof how efficiency of country’s governance can be increased through investing in education.