CHALLENGES OF MIDDLE-CLASS FORMATION IN GEORGIA

Paata Koghuashvili E-mail: [email protected] Professor at Georgian Technical University Tbilisi, Georgia https://orcid.org/0000-0001-6491-9460 Ramaz Otinashvili E-mail: R. [email protected] Professor at Georgian Technical University Tbilisi, Georgia https://orcid.org/0000-0002-7892-6159 Abstract: At the modern stage of Georgia's development, a series of challenges have appeared, which require a complex analysis of the historical background, with the calculation of quality, transition procedures and mechanics, in order to realize the social energy of the household in a positive direction. Building materials are formed on the basis of the middle layer. In a democratic government, it comprises 70-80% of the population and has a transparent office. These are mainly entrepreneurs and intelligentsia employed in legal business, who create the so-called Protest democracy, which is "dangerous" for non-democratic government. It is difficult to separate the middle class by any single sign. It is necessary to introduce “integral criterion”, which includes a set of quantitative and qualitative signs characteristic of the mentioned layer. Why do they live like that – do they have the appropriate professional-cultural capital and how do they use it to ensure a decent standard of living. Unfortunately, in Georgia, there is little tendency to form a capable middle class. We cannot consider the existing social structure of the population as sustainable. Civil society and democracy develop with the introduction of market institutions and healthy competition in the private sector, the conditions of which are still weak in our country. Keywords: civil society, state, middle class, competition, democracy. JEL classification: J00, J11

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Journal
Innovative economics and management
Published
2024-12-23
DOI
https://doi.org/10.46361/2449-2604.11.3.2024.25-34
Primary Topic
Global Socioeconomic and Political Dynamics
Type
article
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article

CHALLENGES OF MIDDLE-CLASS FORMATION IN GEORGIA

Ramaz Otinashvili, Paata Koghuashvili
Innovative economics and management
Global Socioeconomic and Political Dynamics
article

CHALLENGES OF MIDDLE-CLASS FORMATION IN GEORGIA

Ramaz Otinashvili, Paata Koghuashvili
article en

Abstract

Paata Koghuashvili E-mail: [email protected] Professor at Georgian Technical University Tbilisi, Georgia https://orcid.org/0000-0001-6491-9460 Ramaz Otinashvili E-mail: R. [email protected] Professor at Georgian Technical University Tbilisi, Georgia https://orcid.org/0000-0002-7892-6159 Abstract: At the modern stage of Georgia's development, a series of challenges have appeared, which require a complex analysis of the historical background, with the calculation of quality, transition procedures and mechanics, in order to realize the social energy of the household in a positive direction. Building materials are formed on the basis of the middle layer. In a democratic government, it comprises 70-80% of the population and has a transparent office. These are mainly entrepreneurs and intelligentsia employed in legal business, who create the so-called Protest democracy, which is "dangerous" for non-democratic government. It is difficult to separate the middle class by any single sign. It is necessary to introduce “integral criterion”, which includes a set of quantitative and qualitative signs characteristic of the mentioned layer. Why do they live like that – do they have the appropriate professional-cultural capital and how do they use it to ensure a decent standard of living. Unfortunately, in Georgia, there is little tendency to form a capable middle class. We cannot consider the existing social structure of the population as sustainable. Civil society and democracy develop with the introduction of market institutions and healthy competition in the private sector, the conditions of which are still weak in our country. Keywords: civil society, state, middle class, competition, democracy. JEL classification: J00, J11

Innovative economics and managementVol. 11(3)
Georgian Technical University (GE)
Decent work and economic growth
Openalex Percentile: Top 70%
Global Socioeconomic and Political Dynamics
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