ISET

Tourism reform assessment

The Tourism Reform incorporates the amendments envisioned by the Tourism Draft Law, which was initiated by the Parliament of Georgia. In addition, it encompasses planned changes in the tax benefits system for agritourism and wine tourism service providers.

Business Confidence Index: Turning point?

For the third quarter of 2023, business confidence in Georgia decreased (by 10.7 index points) and reached 15.7. The highest business confidence is observed in the financial (26.4) sector. The negative change in BCI for Q3 2023 was driven by worsened past performance as well as less optimistic expectations.

ISET Policy Institute continues to train students within Remissia project

The training was conducted in cooperation with the Sustainable Development Center – Remissia, within the framework of the project Climate Technology Needs Assessment of Georgia and the Roadmap for the Preparation, the Distribution of Priority Technologies, and TNA, as sponsored by the Green Climate Fund (GCF).

Sector and value chain analytics – eighth report

This annual report provides an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) across selected value chains within six sectors to improve evidence-based decision-making through the provision of quality information and analytics.

ReforMeter hosted second public-private dialogue on tourism reform

The meeting included an assessment of the reform and a review of the planned changes within tourism law, those which help coordination at the national and regional levels, diversify the offers the sector provides visitors, ensure high-quality tourist services, and develop a standard for protecting consumer rights and safety.

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.

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.

Macroeconomic stability

Gender

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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18 September 2023

Corporate income tax system evaluation

The profit tax system that came into force on January 1, 2017, in Georgia aims to create a favorable business environment, accelerate economic growth, and improve tax administration. This system is based on the distributed profit taxation regime, similar to the one implemented in Estonia.

01 August 2023

Tourism reform assessment report

10 July 2023

Sector and value chain analytics – onepagers

Projects

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Developing RIA SME Test Methodology for Georgia while strengthening the capacity of the Government of Georgia in utilizing the SME RIA tools in practice

ISET Policy Institute, in partnership with UNDP, has launched a new project, entitled "Developing RIA SME Test Methodology for Georgia", with the aim of strengthening the Government’s capacity to analyze policy impacts on SMEs by providing essential tools, knowledge, and practical experience.

20.02.2023

Political Economy Analysis (PEA)

The "Local Economic Development (LED) in Georgia" project, implemented by a consortium led by HELVETAS and commissioned by the Swiss Agency for Development and Cooperation (SDC), aims to strengthen Georgian actors’ involvement in LED. Moreover, it incorporates an overarching objective “to contribute to increasing employment and income of rural women and men in their localities by enhancing effective collaboration among local and national actors (public, private, civil society) for the creation of new economic opportunities.”

13.02.2023