ISET hosts IMF resident representative in Georgia, Mr. Francois Painchaud
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On May 22, ISET hosted Francois Painchaud, the IMF Resident Representative in Georgia. Mr. Painchaud presented the 2017 May Regional Economic Outlook for the Caucasus and Central Asia, highlighting the three main areas of the global and regional environment, outlook and policy actions, and policy priorities.
At the beginning of the presentation, Mr. Painchaud overviewed the main trends in the global and regional environment. Firstly, the IMF predicts higher than expected real GDP growth in 2017, mainly at the expense of higher growth projections in the US, China, Russia, and emerging markets.
ISET Presents Georgian Tea and Trout Value Chain Studies
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On May 19 2017, at the Radisson Blu Iveria hotel, the Agriculture Policy Research Center (APRC) of the ISET Policy Institute (ISET-PI) presented two reports regarding “The Georgian Tea Value Chain Study” and “The Georgian Trout Value Chain Study” value chain analyses.
The Tea Value Chain Study assesses a variety of challenges and opportunities facing the Georgian tea sector. Plantations are over¬grown and enterprises engaged in processing are undercapitalized. Furthermore, given the nature of global competition, it has been challenging for Georgian producers and processors to gain a foot¬hold on both the local and international markets. Georgia is currently a net importer of tea, which is surprising consider¬ing the sector’s rich history and potential. In this study, the authors assess a variety of challenges and opportunities facing the Georgian tea sector, and provided recommendations for the sector’s development.
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