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Unlocking opportunities: the economic benefits of EU candidate status for Georgia
18 December 2023

As Georgia advances on its path toward European Union (EU) candidacy, the anticipated economic benefits, increased foreign investment, and alignment with European standards present a promising trajectory, worthy of further attention within the following article. The granting of European Union candidate status is a significant political signal, one which represents an initial step towards acknowledging that a candidate country is on the path towards eventual EU membership.

Georgia’s biodiversity: urgency of effective policies
14 December 2023

Biodiversity, as defined by the Convention of Biological Diversity (CDB), refers to “the variability among living organisms from all sources including, inter alia, terrestrial, marine, and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species, and of ecosystems” (CDB). Generally, it refers to the diversity of ecosystems and the variety of life on Earth.

ISET Policy Institute presents research on Armenia and Georgia
12 December 2023

On December 12, ISET Policy Institute hosted a roundtable discussion of joint research of Armenian and Georgian economists on ‘Diverging integration paths of Armenia and Georgia: consequences for export sophistication and diversification’.

Risks of Russian business ownership in Georgia
11 December 2023

This policy brief addresses risks tied to Russian business ownership in Georgia. The concentration of this ownership in critical sectors such as electricity and communications makes Georgia vulnerable to risks of political influence, corruption, economic manipulation, espionage, sabotage, and sanctions evasion. To minimize these risks, it is recommended to establish a Foreign Direct Investment (FDI) screening mechanism for Russia-originating investments, acknowledge the risks in national security documents, and implement a critical infrastructure reform.

October 2023 | Electricity Market Review
27 November 2023

In October 2023, Georgian power plants generated 1,043 mln. kWh of electricity. This represents a 1% increase in the total generation compared to the previous year (in October 2022, the total generation was 1,034 mln. kWh). The rise in the generation on a yearly basis comes from an increase in thermal power generation by 179%, while the generation of wind and hydro power plants decreased by 11% and 30%, respectively.

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