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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	∘ Ilia (Aziko) Sisvadze ∘ THE THEORY OF WELFARE STATE: ORIGIN AND EVOLUTION Summary The article discusses the theory of Welfare state, its origin and evolution.