ISET Policy Institute Publishes December Macroeconomic Review
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ISET Policy Institute continues to update Georgian society about the current macroeconomic developments in the country. The highlights of its Macroeconomic Monthly Review of the Georgian Economy, December 2012 are as follows:
- According to GeoStat, year on year (y-o-y) economic growth in Georgia has been -0.8% in December and 2.5% in the 4th quarter. ISET Policy Institute’s last growth forecasts for the 4th quarter of 2012 (6.2%) had been quite optimistic compared to GeoStat estimates, potentially pointing to the fact that our model still omits some important exogenous shocks. Based on currently available information ISET Policy Institute’s growth forecast for the 1st quarter of 2013 stands at a moderate 5.4%.
ISET’s Visiting Professor Dr. Hans Wiesmeth’s Presentation at the National Science Academy of Georgia
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On February 15, 2013, Professor Hans Wiesmeth, vice-president of the Saxon Academy of Sciences, delivered a presentation titled “Integrated Environmental Policies: Supporting the Sustainable Development of Georgia” to the academic community at the National Science Academy of Georgia. The event was initiated and supported by ISET. For the past five years Prof. Wiesmeth has been a senior visiting professor at ISET, where he teaches an environmental economics course to second year MA students.
Prof. Wiesmeth opened his talk by briefly reviewing current environmental conditions in Georgia. He focused primarily on the situation regarding the management of Waste Electric and Electronic Equipment (WEEE), which is at the lowest level of development.
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