
Core Inflation Requiem: Paving the Way for a Dual-Component CPI in FPAS Central Banks
The National Bank of Georgia’s (NBG) Working Papers are published to elicit comments and encourage debate on ongoing research. Working Paper Series aims to present original research contributions relevant to central banks. The views expressed here are those of the

What Factors Affect Bicycle Commuting? An Empirical Analysis in Tbilisi and Warsaw
This article has been published in journal ‘Folia Oeconomica Stetinensia’. Volume 24 (2024) Issue 1 DOI: 10.2478/foli-2024-0006 | 87–104 ISSN (print): 1730-4237 | ISSN (online): 1898-0198 The purpose of the article is to identify the factors that influence commuting by

National Bank of Georgia -Financial Sector Review
To improve analytical communication, the National Bank of Georgia (www.nbg.gov.ge) publishes regular reports regarding trends of macroeconomic and financial indicators. The goal of these reports is to provide the general public with country’s short and long term macroeconomic analysis. This

The first ever COST Action Conference hosted by Georgia
Tbilisi welcomed more than 100 researchers and practitioners of 24 countries across the world to participate in the large-scale academic conference ‘European Network on International Student Mobility: Connecting Research and Practice”, arranged on May 13-15, 2024. The conference was organized

Digital Ecosystem Digest – Winter 2024
In the realm of technological innovation, artificial intelligence (AI) has emerged as a frontier for competitive advantage and business development. Globally, AI startups are transforming industries by harnessing the power of machine learning, natural language processing, and cognitive computing. They

University Capacity Building Program for Georgia’s Higher Education Institutions
The University Capacity Building Program (UCBP) Phase II, funded by the U.S. Embassy in Tbilisi and administered by American Councils for International Education, is a continued initiative to grow and sustain modern research administration and development offices at Georgian HEIs

How AI can change the economics of women’s entrepreneurship
The article examines how generative artificial intelligence can transform the economics of women’s entrepreneurship by converting existing digital skills into measurable business outcomes, with particular emphasis on productivity, operating costs, revenue growth, and access to specialized expertise. The aim of

Socioeconomic Challenges
The article examines cardinality-constrained portfolio optimization by integrating the P versus NP computational-complexity problem with the Markowitz–Capital Asset Pricing Model (CAPM) framework, augmented by Black–Scholes derivative pricing. The aim of the study is to develop an integrated economic-computational framework that

The Impact of Socio-Economic Challenges and Technological Progress on Economic Inequality: An Estimation with the Perelman Model and Ricci Flow Methods
The article examines the impact of 16 key parameters of the Georgian economy on economic inequality, using the Perelman model and Ricci flow mathematical methods. The aim of the study is to conduct a deep analysis of the impact of

Socio-Demographic profile of the Debt holDerS of olDer populationS in eaSt anD WeSt european regions
The article examines the socio-demographic profile of consumer debt holders among older populations in East and West European regions, using logistic regression models applied to data from the 7th wave of the Survey of Health, Ageing and Retirement in Europe

The Impact of Socio-Economic Challenges and Technological Progress on Economic Inequality: An Estimation with the Perelman Model and Ricci Flow Methods
The article examines the impact of 16 key parameters of the Georgian economy on economic inequality, using the Perelman model and Ricci flow mathematical methods. The aim of the study is to conduct a deep analysis of the impact of

Digital Ecosystem Digest: GENAI TOOLS ADOPTION AND USAGE TRENDS IN GEORGIA: A QUANTITATIVE ANALYSIS OF USER BEHAVIOR
GenAI tools adoption has increased at a rapid rate starting from November 2022, when ChatGPT first appeared. Initially, in Georgia, ChatGPT was widely used but with limited purposes. However, over the past year, users in Georgia have adopted a broader
