ISET-PI holds Press Conference to explain the sharp fall of Business Confidence
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On Tuesday, June 9th, ISET Policy Institute, together with the International Chamber of Commerce (ICC) Georgia, held a press conference to present the significant results of Business Confidence survey for 2nd Quarter of 2015. The press conference was led by Maya Grigolia, Senior Researcher at ISET-PI. Additional comments were provided by Eric Livny, President of ISET, and Aleksi Aleksishvili, Chairman of PMCG, and Vice Chair of ICC.
Various media representatives and other stakeholders attended the event. 4 major TV Channels in Georgia and up to 20 local and international online media, broadcasted the press conference and the recent findings of the BCI survey.
Survey of 168 companies operating in Georgia, revealed a sharp drop of business confidence on all measures, across all sectors, and for all firm sizes. After being steadily optimistic for most of 2014 and in the first quarter of 2015, Georgia’s business confidence dropped 24.5 points to an all-time low level of 3.6 on a scale of [-100; 100] points.
Zurab Abramishvili: The Principal Principle
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On Monday, 8th of June, Zurab Abramishvili from the CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) presented his research proposal titled “The Principal Principle: How an Immediate and Random Replacement of School Principals Illuminates Their Value Added; A Case of Education Policy in Georgia”. Mr. Abramishvili is ISET graduate 2010, currently he is doing postdoctoral work at ISET.
He started the presentation with a short overview of the reforms which the government of Georgia implemented in the education system. After he reviewed all chronologically ordered reforms from 2005 to 2007, he presented “school principal elections” in more details and stressed that this project aims to investigate the effects of this unique education policy on the learning outcomes of public school students in Georgia.
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