ISET MA Students to Be Hosted by Stockholm School of Economics
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On the first day of their classes, second year MA students of the International School of Economics in Tbilisi (ISET) were notified about an amazing opportunity – a week-long study-visit to Stockholm, Sweden, fully funded by the Swedish Institute. From November 5-9, four students will have the chance to spend a week in Stockholm, meeting with representatives of the Swedish Ministry of Foreign Affairs, Swedish Institute, Swedish Civic Society, SITE, and students and professors of Stockholm School of Economics, which is one of the leading economics institutions worldwide. This visit will be packed with interesting events, meetings and activities aimed at creating ties between Georgia and Sweden, and will give the students an opportunity to widen their horizons, learn more about international economics, and meet with inspiring professionals from various fields.
Professor from Weseda University, Tokyo, Gives Green Energy Talk to ISET Community
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On September 13, ISET hosted Farhad Taghizaden-Sesary, Professor of Economics at Waseda University, Tokyo, and Senior Assistant to the Dean of Asian Development Bank Institute. Dr. Taghizaden-Sesary delivered a lecture entitled Green Energy Finances.
The main obstacle to the development of renewable energy projects is the lack of access to financial resources. Investors often consider renewable energy projects as risky investments; in addition, according to Dr. Taghizaden-Sesary, most investments in renewable energy are characterized by a low Internal Rate of Return.
During the presentation, Dr. Taghizaden-Sesary discussed some methods that couldbe used to promote investments in green energy. To finance large long-term projects, bank loans should be replaced bylong-term investment from institutional investors (such as insurance or pension funds), whose investment horizon and ability to tap into a vast amount of long-term savings are more compatible with this type of investment.
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