On October 3, 2017, ISET Policy Institute Executive Director Lasha Labadze made a presentation at the conference "Modern Educational Programs to Support Agribusiness Development,” organized by East European University within the International Scientific Festival, planned by the Ministry of Education and Science of Georgia. Other conference participants were representatives of the Agricultural Cooperative Development Agency, the National Wine Agency of the Ministry of Agriculture, and the Community College “Gldani Vocational Training Center”.
Doctor Labadze presented the current situation of the agricultural sector in Georgia, with an emphasis on the importance of conducting a thorough analysis of the value chains of different product and identify weak and problematic areas, in order to create and develop sustainable business models for agriculture in Georgia. Despite the numerous large-scale projects implemented in the sector by both the state and donor organizations, the sector is still underdeveloped.
On 26 September, the World Economic Forum published The Global Competitiveness Report 2017–2018. The full report contains detailed profiles and rankings for 137 countries based on 2016 data.
This year, Georgia is ranked in 67th place, which is an eight position deterioration compared to last year. This is the first drop in the rankings that Georgia has experienced since 2010. To quote the report, “although the overall trend is positive for most Eurasian economies, there is little sign of convergence within the region. Its most competitive economies, including the Russian Federation (38th, up five), are maintaining their edge. This year’s most improved Eurasian economy started from a low base: Moldova moves up 11 places to 89th. Others, that had been catching up in past years are slipping back, with Georgia (67th) and Kazakhstan (57th) losing eight and four places respectively”.