ISET

At least on paper, Georgia has all it takes to be a successful agricultural producer: a favorable tax environment, mild climate, long growing season, inexpensive labor force and abundant water resources.

There are also many other factors that make Georgia’s agricultural sector a target for foreign investors, such as Simon Appleby: great access to markets thanks to a strategic geographic location and transport links, relatively low land prices, and the ability of foreign-invested entities to acquire freehold land titles (quite an exception considering the international practice!). Yet, as ISETers learned from Mr. Appleby’s SWOT analysis, there are also many bottlenecks to be addressed.

On November 8, 2012 Professor Einar Hope, from the Norwegian School of Economics (NHH), delivered a public seminar for ISETers, representatives of the Georgian energy sector and international organizations working in the field.

The seminar’s main focus was on the issue of the optimal composition of the electricity system and its regulation. In particular, it addressed the issues of optimal pricing, sustainability and the security of the supply side of the sector.

Professor Hope provided a comprehensive description of the Norwegian electricity system and explained how it interacts with the wider Scandinavian system.

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