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ISET Policy Institute and Gori-based organizations discuss effective policymaking

ISET Policy Institute, with support from the Swedish Embassy, met representatives from local non-governmental and international organizations, and from the Gori public and private sectors, in order to introduce its activities and key products.

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Price controls and their impact on economy

Over the past few years, food prices have been increasing and Georgia has been facing food price inflation in the double digits.

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ReforMeter hosted a public-private dialogue on regulatory impact assessment (RIA) institutionalization reform

ReforMeter and the USAID Economic Governance Program hosted yet another public-private dialogue dedicated to assessing progress in regulatory impact assessment (RIA) institutionalization reform.

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Georgian economy and one year of Russia’s war in Ukraine: trends and risks

ISET hosted Ivailo Izvorski, World Bank’s Chief Economist for Europe and Central Asia, who delivered a seminar on 'Education and innovation for growth'.

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ISET's NEW Masters in Finance

ISET is launching the new Master’s in Finance program, officially accredited in 2022.

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MediaTOR - Economic reforms library for media

MediaTOR is an innovative platform implemented by the ISET Policy Institute and Internews Georgia with the support of the USAID Economic Governance Program. Its purpose is to develop fact-based economic journalism and promote public participation in the process of economic reforms.

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WHO WE ARE

ISET Policy Institute provides independent policy research, analysis, and training, and it reaches out to the broader academic, policy and business community, as well as the general public. Our key areas of expertise are in Agricultural Policy, Macroeconomic Policy, Energy & Environment, Private Sector Development, and Inclusive growth. Within these sectors, ISET maintains a portfolio of regular indices and analytical publications, and implements externally financed projects.

Indexes
Agri Review
Summarizes the major developments in the agricultural sector and provides brief analysis of the related economic indicators.
Business Confidence Index
Comprises seven sector-specific sub-indices covering services, retail trade, agriculture, manufacturing, financial services, construction and other sectors.
Consumer Confidence Index
Measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.
Electricity Market Review
Analyses the main trends and key events in Georgia’s electricity market.
Energy Market Review
Analyses the main trends and key events in Georgia’s energy sector, including electricity, oil, and gas.
GDP Forecast
Provides current-quarter and one-quarter-ahead GDP forecasts for those who need to make business and policy decisions and cannot wait until the official statistics are announced several months later.
Gender Equality Index
Following an EU methodology and taking into account regional context, the Index measures progress towards gender equality among 12 former soviet countries.
Khachapuri Index
Inspired by the Big Mac Index of the Economist magazine, it tracks inflation by using the most popular Georgian Food, the Khachapuri.
Macroeconomic Review
Offers a comprehensive review and an economic interpretation of the existing data trends, which are based on monthly statistics from GeoStat, NBG, and other sources.
REMLab
According to the best global practices, residential and commercial real estate price indices are calculated using several measures

Publications

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Projects

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Study of risks associated with Russian capital in Georgia
The study examines challenges to Georgia’s economic and democratic development that accompany growing presence of Russian business ownership in the country; and seeks to heighten awareness among key stakeholders (i.e. government, civil society organizations, development partners) and the Georgian public regarding the associated risks and threats.
13.02.2023
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Corporate Income Tax Assessment and Ways Forward
The Estonian model of Corporate Income Taxation (CIT) that came into force on January 1, 2017, in Georgia is based on the distributed profit taxation regime, according to which retained corporate income is tax-free, and profit is taxed at 15% only when distributed.
17.10.2022
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News and Events

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ISET Economist Blog

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What are the outcomes of the new insolvency law?
Georgia’s new insolvency law – the Law of Georgia on rehabilitation and the collective satisfaction of creditors’ claims – became effective on 1 April 2021. Under which, if a business operating in Georgia has reached a low ebb and is no longer able to meet its financial obligations, it has the opportunity to regulate relations with creditors based on new legislative instruments – effectively, it is able to rehabilitate and return to the market in a viable manner, or, if necessary, it might declare bankruptcy and exit the market.
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Water pollution in the Mtkvari River
Water quality has become a global concern in the twenty-first century. Data from the United Nations’ Sustainable Development Goal 6 suggests that only 56% of the world’s domestic wastewater is treated. However, the majority of countries (especially developing nations) do not gather water quality data on a regular basis.
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Lead contamination in Georgia – myth or fatal reality?
Lead contamination has been estimated to account for around 900,000 deaths per year worldwide (IHME, 2019). Typically developing countries suffer the most, where the use of lead in paint and other household products is often not fully regulated or controlled.
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