ISET

ISET’s Akaki Mosakhlishvili Translated Andy Weir’s Bestseller “The Martian” in Georgian

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ISET is proud to share a success story of its second-year student, Akaki Mosakhlishvili who recently translated famous Sci-Fi novel “The Martian”. The publishing house “Books in Batumi” decided to publish a series of books, which includes classical, reputable, and brand new Fantasy and Science Fiction books. These series include such well-known writers as Ray Bradbury, Robert Heinlein, Arthur Clarke, Strugatsky brothers, Clive Staples Lewis, Ursula Le Guin and others. Drawing on previous successful cooperation experience, Akaki and his friend David Baliashvili decided to choose another book for the series. The first one was the collection of stories by Ray Bradbury. In search for a new book, they came across Andy Weir's “The Martian”. After reading a couple of pages, Akaki and David were sure, this was what they were searching for. By the way, this was Andy Wier’s first novel and was a smashing hit around the world. The publishing house helped deal with the official part of the job and the two friends did their best to bring the book to the Georgian readers at its fullest.

ISET Policy Institute and the German Economic Team (GET) Help Fix Georgia’s Mining Regulations

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Georgia has considerable deposits of metal (for instance, manganese, copper and gold) and non-metal resources, however our current regulations do not encourage investment while at the same time failing to generate significant fiscal revenues. Instead of considering the country’s long term needs, these regulations (licensing procedures and royalty fees) have been designed with two objectives in mind:

1) Generate immediate fiscal revenues even before the start of extraction (through exploration and licensing fees);
2) Minimize human intervention in monitoring the sector (by making royalty payments independent of actual extraction volumes and prices). While reducing corruption risks, this approach is too rigid when it comes to risk sharing and incentivizing investment.

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