ISET-PI Experts Conduct Strategic Dialogue on Competitiveness at EPI
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On June 12, USAID Economic Prosperity Initiative (EPI) in partnership with International School of Economics at Tbilisi State University (ISET) held a round-table meeting for students: "Strategic Dialogue on Competitiveness of Georgia."
The ISET experts, Irakli Galdava and Lasha Labadze, who supported the development of the "First Competitiveness Report on Georgia", discussed the 2013-2014 Global Competitiveness Report (GCR) of the World Economic Forum.The seminar involved a conversation on those economic directions, which if reinforced, will boost the development of the private sector, as well as will increase country's competitiveness and bear new investments.
ISET Conducts an Excursion to Aragvi Hydro Power Plant
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On June 8, 2014, ISET organized an excursion to the Aragvi hydro power plant (HPP) near the Georgian ski resort of Gudauri. The purpose of the excursion was to see how HPPs can contribute to employment and better infrastructure in highland areas. Students from ISET, representatives of non-government, private, international and other local organizations joined the excursion.
Built with modern technologies, the HPP was constructed by a joint partnership of Georgian and Austrian investors with particular attention being placed on minimizing negative environmental impacts. Although the HPP had a small, one-time, impact on local inclusive growth, in terms of employment, it is not a source of income for the local municipality. A shortcoming in Georgian law enables the power plant to use the water resources for free and thereby reduces the ability of the municipality to implement local programs.
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