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The Tendencies of Decreasing the Investing Activities and the Number of Jobs in Georgia at the Background of Increasing Economic Indicators

Bibliographic Data

ID21683272
AuthorsDavit Bidzinashvili (0000-0002-2311-4110, Gori State Teaching University, Gori, Georgia, corresponding author)
Year2021
Volume1
Issue52
Pages103-117
Publication date2021-12-26
Open AccessYes
TypeARTICLE
VenueKaradeniz Uluslararası Bilimsel Dergi (JOURNAL)
Journal identifiersISSN: 1308-6200
PublisherDergi Karadeniz (PUBLISHER)
DOI10.17498/kdeniz.1034096
OpenAlexW4200233635
LanguageEN
References cited11

We have heard several times recently the Government of Georgia declaring the” two-digit economical rise which is unprecented all over the world” (12,7% in six months) which has resulted in changing the depressive background and nihilistic thinking in the country. Surely, such progress must be reflected in the well-being of the population. But what to do with the increased inflation which is much more perceptible by population than “rushing” of Georgian economy? This growth of inflation is explained by our economists as the result of wrong economic policy. As for the promises given by the National Bank in the beginning of the year 2021, about controlling the inflation and reaching the aiming results at the end of the year, they remained only as pure promises.In order the growth of economy becomes perceptible for our population, it is necessary to lower the inflation rate to one digit, namely the best would be lower than 6% rate and if at the same time the two digital economic growth will be retained, this would be notable for the population of the country in 2022.Active participation of Georgia in international division of labor, larger and more stable positioning of Georgian products on the World's trade map are the results of successful realization of economical reforms and state programs of the business support in the country

Development economics · Economic policy · Economics · Georgian · Population · Population growth · Sociology · Demography · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Global Socioeconomic and Political Dynamics · Finance

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