Environmental Damage: Assessing the Historic Debt Argument
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On May 13, ISET hosted Jörg Spiller from the European University Viadrina, who presented his paper “Historic Debt in a Dynamic Public Good Experiment”.
At the beginning of his presentation, Mr. Spiller spoke about emissions as a global environmental problem. He claimed that the only way for nations to deal with this problem is through negotiations. However, despite the fact that negotiations would cause public gain, there is very little incentive for nations to cooperate with each other since the outcomes of negotiations are associated with private losses. As each actor has an incentive to avoid such private losses, no cooperation thus becomes the optimum solution for both industrialized and emerging nations in this case.
An Exceptional New Elective Course: Corporate Finance Applied to a Developing Economy
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ISET will be offering an exciting new course in the 5th mini-term - “Corporate Finance Applied to a Developing Economy.” The course will be taught by Paul-Henri Forestier, former Director of the European Bank for Reconstruction and Development in Georgia.
The course will include guest lectures by Bruno Balvanera (EBRD Director for Ukraine, Belarus and South Caucasus), Giorgi Kadagidze (head of the National Bank of Georgia), and KfW Regional Director for South Caucasus Lars Oermann.
ISET is introducing this course in response to explicit requests for courses that address actual labour market needs.
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