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Tag Archives: ISET

Khachapuri Index of ISET is Increased by 7% y-o-y

Khachapuri Index of ISET is Increased by 7% y-o-y

ISET published Khachapuri Index of May. In May 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.08 GEL, which is 2.7% lower month-on-month (that is compared to April 2016), but 7% higher year-on-year. According to ISET, the main khachapuri ingredient is Imeretian cheese, and, naturally, its price …

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Dimitry Kumsishvili: Economic Growth Can be 3.5%

Dimitry Kumsishvili: Economic Growth Can be 3.5%

Minister of Economy and Sustainable Development of Georgia Dimitry Kumsishvili made a statement that in this year economic growth might be more than 3% and it can reach 3.5%. As Kumsishvili noted to “business contact“, economic growth is supported by increased business activity and business expectations. “Today we see that …

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Learn More About Real Estate Market

Real Estate

The Georgia Real Estate Index (GREI) being created by Real Estate Market Laboratory (REM lab) will soon be available to the public. REM lab is a joint project of TBC Bank and ISET (International School of Economy) and it is being implemented with the support of  JumpStart Georgia.  The goal …

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TBC bank Initiated the Research to Reveal the Public’s Financial Literacy

TBC BANK

With the initiative of TBC Bank, for the first time a large-scale study on the public awareness about the basic fundamentals of finance has been conducted in Georgia. The study was implemented with the support of internationally recognized research organizations such as the TNS and the School of Economics ISET. Totally 1,000 respondents took part …

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PMCG Scholarships Enabling Students to Attain High Quality Education

PMCG Scholarships Enabling Students to Attain High Quality Education

On February 10, Policy and Management Consulting Group (PMCG) awarded students with PMCG’s scholarships to continue studying at the International School of Economics at Tbilisi State University (ISET). “The progress of Georgia, and indeed the whole world, depends on these types of highly motivated and educated young people. We are …

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ISET set New Year Supra Index

Supra Index

ISET has published New Year Supra Index linked to New Year’s approaching. The Index shows the cost (in GEL) of a standard supra meal for a family of 5-6 person. Included in our calculations are such traditional dishes as khachapuri, mtsvadi, satsivi, trout, fried chicken, Olivier salad, pkhali, cucumber & …

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Excise Tax Experiments with the Georgian Beer Industry

Beer Tax experiments

During the last 12 months, the Georgian authorities have been conducting interesting tax experiments designed, so it seems, to test the resilience of domestic beer producers. In September 2014, the industry was hit by Article 171 of the Civil Code, prohibiting alcohol consumption in public places. The beer market, 97% …

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ISET: Economic Growth above 2% is not Realistic

An interview with Senior Researcher at  the research center ISET Maya Grigolia In 2015, the Georgian government planned 5% growth of the economy, but now it is obvious that it will not exceed 2%. How realistic is this figure and is it low or high taking into account the situation …

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ISET will Present its Study on Business Confidence Tomorrow

After being steadily optimistic for most of 2014 and in the first quarter of 2015, Georgia’s business confidence dropped by 24.5 points to an all-time low level of 3.6 on a scale of [-100; 100] points. The survey, which included 168 firms, suggests that business confidence declined on all measures, …

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