კონფერენცია

∘ Vladimer Papava ∘ Tamar Tapladze ∘
ON THE RETROECONOMIC BARRIER IN DEVELOPMENT OF “GREEN ECONOMY”

Summary

This paper analyzes the problem of the development of the “Green Economy” in the situation of technological backwardness of economy. Mostly in developing countries, their economies have been using obsolete technologies. The usage of obsolete technologies by any firm can create the illusion that this or that business is prosperous. At the level of international competition, however, it is obvious that these types of retroeconomic firms do not have any chance for success. The role of the government is very important for overcoming the effects of a retroeconomy.

Keywords: “green economy”, innovation, technological backwardness, necroeconomics, retroeconomics, bankruptcy, liquidation.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Vladimer Papava ∘ Tamar Tapladze ∘ ON THE RETROECONOMIC BARRIER IN DEVELOPMENT OF “GREEN ECONOMY” Summary This paper analyzes the problem of the development of the “Green Economy” in the situation of technological backwardness of economy. Mostly in developing countries, their economies have been using obsolete technologies. The usage of obsolete technologies by any firm can create the illusion that this or that business is prosperous. At the level of international competition, however, it is obvious that these types of retroeconomic firms do not have any chance for success. The role of the government is very important for overcoming the effects of a retroeconomy. Keywords: “green economy”, innovation, technological backwardness, necroeconomics, retroeconomics, bankruptcy, liquidation.