Political environment and its consequences for the Georgian economy

The paper presents an assessment of Georgia's political environment and its impact on the economic situation. The author develops the idea that the current political environment determines Georgia's economic development, however, the lack of stability and reasonable reforms increases the risk of the country's economic problems. To ensure the country's economic sustainability and the well-being of the population, stable, transparent and effective political governance is needed, which will help attract investments, accelerate economic growth and reduce poverty.

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Publication Details

Journal
Business and Legislation
Published
2024-12-27
DOI
https://doi.org/10.52340/bal/2024.02.14
Primary Topic
Global Socioeconomic and Political Dynamics
Type
article
Field-Weighted Citation Impact
0.00
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article

Political environment and its consequences for the Georgian economy

Nani Despotashvili
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Business and Legislation
Global Socioeconomic and Political Dynamics
article

Political environment and its consequences for the Georgian economy

Nani Despotashvili
article en

Abstract

The paper presents an assessment of Georgia's political environment and its impact on the economic situation. The author develops the idea that the current political environment determines Georgia's economic development, however, the lack of stability and reasonable reforms increases the risk of the country's economic problems. To ensure the country's economic sustainability and the well-being of the population, stable, transparent and effective political governance is needed, which will help attract investments, accelerate economic growth and reduce poverty.

Business and Legislation
Department of Social Sciences (RU)
Climate action
Openalex Percentile: Top 70%
Global Socioeconomic and Political Dynamics
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