Competing Water Needs
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On November 12th, President of ISET and ISET-Pi, Eric Livny moderated a panel discussion on “Competing Water Needs” organized by the USAID policy-advocacy project Governing for Growth in Georgia (G4G). Representatives of all water-using sectors were invited to participate. The discussion included the viewpoints of stakeholders in agriculture, environment, and energy sectors. The aim of the panel was to advocate for better and more sustainable water management in Georgia. While having a large amount of both underground and surface resources, water is unevenly distributed around the country. Western Georgia has a majority of the country’s water resource, while eastern Georgia suffers from regular droughts. The country has an old and deteriorated water infrastructure for agricultural and for the drinking supply and it is in need of renovation and better management.
The Freedom of Money
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On Friday, November 6th, ISET-PI researcher, Charles Johnson spoke at a conference organized by the New Economic School in Tbilisi. The conference, “The Freedom of Money” focused on market-based solutions to monetary policy problems. Charles’ speech was entitled, “Greece, Europe’s Indebted South and How to Deal with Sovereign Debt Crises.” In his speech, he outlined the history of the Greek crises, and why problems with Europe’s institutions caused year-on-year bad lending to Europe’s south, eventually causing the Greek crisis. Charles also offered policy options for countries with sovereign debt crises. He showed evidence as to why austerity – cutting public spending – is counterproductive in times of recession and how it has a multiplier effect in losses to national income. Charles concluded his talk by showing why greater political and fiscal solidarity in the EU can solve ongoing debt crises and prevent new ones from forming in the future.
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