In search of the complex road to stop Lari devaluation in Georgia
Journal Title: Globalization and Business - Year 2017, Vol 4, Issue 4
Abstract
Scientific work “In Search of the complex way of devaluation of Lari in Georgia” is an original research devoted to actual and practical items of Georgian currency. Nowadays in Georgia, it is necessary to study current basic changes in Georgia, to find out and eradicate subjective and objective causes of falling down of Lari course, to stop the existingn extreme situation in money turnover and avoid possiblen inflation, to collaborate trustworthy ways to survive national currency. Global circumstances such as long-term temper of “external and internal factors” on Lari course, as well as political-economic processes in the neighbouring countries of Georgia unstable development of economics in the country, “investment starvation”, incorrect coin and fiscal politics, and other objective and subjective reasons caused a fall down of Georgian national course. In the work, based on practical materials, the necessity and inevitability of devaluation of Lari is scientifically explained. In the article based on the analysis of devaluation of Georgian Lari the authors have given the urgent opportunities and recommendations to stop the formed extreme situation in the economics of the country and avoid possible inflation of Georgian currency. in the work the results of the research is introduced by the recommendations of economical solution of problems. Realization of these recommendations will support the development of Georgian economics, to stop the devaluation and stabilization of Georgian currency lari.
Authors and Affiliations
Lamara Qoqiauri
Keywords
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