On February 18, the European Bank for Reconstruction and Development’s (EBRD) lead economist for Central Asia and Georgia, Agris Preimanis, delivered two presentations at ISET titled: 1) “Oil-driven Russia downturn adds to weakness in EBRD economies” and 2) “Innovation in Transition”. In both presentations, Mr. Preimanis paid attention to Georgia and showed its standing in the midst of current global economic challenges.
In the first presentation, Dr. Preimanis explained Russia’s ongoing economic situation and outlook in 2015, which is not promising at all: there is a slowdown of growth (- 4.8%) and the collapsing of the Ruble (which lost almost half of its value in one year, January, 2014 / January, 2015).
On Friday, February 13, 2015 a debate on a new law on agricultural land ownership was held at Expo Georgia. The debate was organized by USAID’s G4G project and ISET. The debate’s panel comprised government officials, experts, foreign investors and businesses, and the event was moderated by Eric Livny, Director of the International School of Economics. The panel convened to explore issues surrounding foreign ownership of agricultural land in Georgia.
In 2013, the Georgian government imposed a temporary moratorium on the acquisition of agricultural land by foreigners.
On February 4th, ISET hosted politician and development expert Ad Melkert, who gave a presentation titled "Global Economic Governance: Past or Future?". At the beginning of the presentation he talked about the post WWI and WWII periods and the establishment of international organizations like the ILO, UN, IMF, WB, ECB, OECD etc. He called these periods the “Promising Past”. He pointed out the aforementioned organizations’ global achievements in the areas of poverty reduction, connectivity, health, food security, climate, etc.
Afterwards he talked about Economic Convergence supported by different events (meetings, conferences etc.) all over the world in order to exchange information, share standards, experience on market economy and so on.
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