Urban morphology systems and global problems of the world economy on the example of Georgia (prospects and challenges)

Methods. The dialectical method occupies the first place in the study of economic phenomena. An inevitable requirement of the dialectical method is that economic phenomena be considered in strict cause-and-effect relationships. Such relationships imply movement, therefore, economic phenomena and processes must be understood in their dynamism. The psychological method and the method of cartography are important for the study of change and development. The use of secondary sources is also important. Comparison, analysis, synthesis, generalization, modeling was used in the research of the issue. Results. The paper presents the prospects and challenges of urbanization, discusses the contemporary problems caused by global urbanization, and discusses illustrative examples in relation to Georgia. The study revealed positive effects: increased economic development, improved infrastructure, cultural exchange, efficient use of resources. At the same time, challenges include urban congestion, housing issues, environmental pollution, and social inequality. Understanding these positive and negative aspects will help citizens manage and adapt to urbanization more effectively. Novelty. The paper presents statistical data on global problems of the world economy related to urbanization using the example of Georgia. Urbanization has many social aspects that pose challenges for the country. According to the latest statistical data, 61% of the population of Georgia lives in urban areas (cities/towns), and 39% in rural (rural) settlements. The active urbanization process is best seen in Tbilisi, where every third Georgian lives in the capital (almost 1.3 million people). During urbanization, suburbs expand the most, and these areas are in high demand. The rapid growth of the city has both negative and positive sides. Practical value. Urbanization as a phenomenon occupies a special place in the clearly defined goals of sustainable development. In the modern era, it represents one of the greatest social transformations and is directly related to the social, economic and ecological processes taking place in the country. These processes are not one-sided. The cause-and-effect relationship can be in different directions. For example, on the one hand, the development of the country determines urban processes, and on the other hand, urbanization affects the distribution of income, justice, economy, ecology and, in general, important characteristics of the country's development. Therefore, the work has a practical purpose: the conclusions (challenges and prospects) obtained as a result of the study are important for researchers and business forces interested in the issues of sustainable development of the world economy.