Digital Ecosystem Digest – DIGITIZATION TRENDS AND STARTUP ECOSYSTEM IN GEORGIA
The target audience of the presented report is wide and may include any person interested in digitization of business activities. In particular, the report will address the following main issues: • Initial results of digital transformation of local startup activities
Digital Ecosystem Digest – CHALLENGES OF INTERNATIONAL EXPANSION OF LOCAL TECHNOLOGY STARTUPS – OVERVIEW OF DIGITAL MARKETS IN THE REGION
International borders are slowly disappearing and discoloring in the technological field, especially against the background of rapid globalization. Therefore, the acquisition of international markets has become the focus of long-term development for almost all technological startups. One of the important
Digital Ecosystem Digest – DOMESTIC E-COMMERCE USERS IN 2022, WITH MARKET VOLUME FORECASTS BY 2023
E-commerce has not been limited by the short-term effects of the pandemic and continues to expand. In 2022, the number of e-commerce users increased faster than in the previous 2 pandemic years. Therefore, for the first time it exceeded the
Digital Ecosystem Digest – E-COMMERCE CONSUMERS IN CLOTHING INDUSTRY IN GEORGIA
The number of e-commerce consumers increased in clothing industry (in 2022) compared to previous years. Market broadening is a result of increase in female consumers. Almost 3/4 of the visitors to the web pages of local online clothing stores are
DIGITAL ECOSYSTEM DIGEST – INCREASED TRENDS OF DIGITAL MARKETS IN GEORGIA
According to preliminary data, the volume of the e-commerce market in Georgia will exceed GEL 2.2 billion by 2022. Compared to 2021, this is a 7.8% increase in GEL, and a 17.5% increase if we calculate the product price in
Guiding Principles of the National Strategy of Georgia on Artificial Intelligence
In the 21st century a large body of data has been accumulated, respective algorithms were developed and computer-calculating capacities have increased as a result of the technological process. The given experience clearly illustrated the role and significance of technologies in
Gauging Growth: AGI’s Mathematical Metrics for Economic Progress
Today, the economy is greatly influenced by Artificial General Intelligence (AGI). The purpose of this paper is to determine the impact of the quantitative relations of AGI on the country’s economic parameters. The authors use the analysis of historical data
Monetary Policy Report, Georgia
The role of the National Bank of Georgia (NBG) is to influence aggregate demand and inflation expectations by adjusting the interest rate, thereby keeping inflation near to its target level in the medium term. Given the current uncertain circumstances, low
Application of Artificial Intelligence for Monetary Policy-Making
National Bank of Georgia, Working Papers Authors: Mariam Dundua and Otar Gorgodze The National Bank of Georgia’s (NBG) Working Papers are published to elicit comments and encourage debate on ongoing research. Working Paper Series aim to present original research contributions
NATIONAL CENTER FOR EDUCATIONAL QUALITY ENHANCEMENT – key achievements and trends in Georgia’s Higher Education system
The National Center for Educational Quality Enhancement is a legal entity operating under the Ministry of Education and science of Georgia. The Center, for the purpose of external quality assurance, carries out authorization of educational institutions and accreditation of educational
Georgian National Energy and Water Supply Regulatory Commission (GNERC) – Review of 2022
Georgian National Energy and Water Supply Regulatory Commission (GNERC) has been regulating the electricity sphere since 1997, taking over the natural gas sector regulation in 1999 and water supply sector regulation in 2007 (as a result of legal changes). The
BTU’s Third Mission – Potential and Actions Related to Popularizing Knowledge and Technology Transfer within University
The third mission of HEIs – that aims to connect and translate the knowledge generated within the university to the wider society has become increasingly important in the context of global knowledge economy. Universities are expected to bring more contribution