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"
Archive of Conference dedicated to the Foundation Day
∘ Ramaz Abesadze ∘
MODERN TREND OF ECONOMIC DEVELOPMENT
Annotation The modern trends of economic development are different for developed, developing and post-Communist countries. But since developed countries set the fashion, the trends in economics of the developed countries are discussed. Other countries are oriented to developed countries. Keywords: economic development, economic growth, Sustainable development, Blockchein, high technology. Introduction In the modern world: the use of the latest techniques and technologies changes the level of well-being of the person as well as its social position in society; The development of a qualitatively new postindustrial society occurs in developed countries. In developing countries there are many versatile transformational processes. Some of them have been able to move to developed countries, part of them is close to this or builds up an industrial society, while others remain far behind. Most developed countries have in neighborhood countries whose population is on the poverty line or
2018-06-30
MODERN TREND OF ECONOMIC DEVELOPMENT
Annotation The modern trends of economic development are different for developed, developing and post-Communist countries. But since developed countries set the fashion, the trends in economics of the developed countries are discussed. Other countries are oriented to developed countries. Keywords: economic development, economic growth, Sustainable development, Blockchein, high technology. Introduction In the modern world: the use of the latest techniques and technologies changes the level of well-being of the person as well as its social position in society; The development of a qualitatively new postindustrial society occurs in developed countries. In developing countries there are many versatile transformational processes. Some of them have been able to move to developed countries, part of them is close to this or builds up an industrial society, while others remain far behind. Most developed countries have in neighborhood countries whose population is on the poverty line or
2018-06-30
∘ Rozeta Asatiani ∘
The relationship between public sector economics and new neoclassical synthesis
Abstract Public sector economics is a comparatively new branch of economic theory and at the same time it is also an academic discipline which is successfully taught at European universities. The introduction of the public sector economics into the university education is dictates of time and also objective necessity. Besides this, it is a response to the events developing in the world and national order because it studies topical issues of socially oriented market economy. This paper is devoted to such interesting
2018-06-30
The relationship between public sector economics and new neoclassical synthesis
Abstract Public sector economics is a comparatively new branch of economic theory and at the same time it is also an academic discipline which is successfully taught at European universities. The introduction of the public sector economics into the university education is dictates of time and also objective necessity. Besides this, it is a response to the events developing in the world and national order because it studies topical issues of socially oriented market economy. This paper is devoted to such interesting
2018-06-30
∘ Davit Aslanishvili ∘
BANKING OLIGOPOLY, CURRENCY ISSUE AND REFINANCING LOANS – THE MAIN PROBLEMS AT MONETARY POLICY IN GEORGIA (2013 -2017)
Annotation Our study is the first attempt to overview the recent problems within monetary policy in Georgia, banking oligopoly and refinancing loans pyramid facing financial system in Georgia in the period of 2014 – 2017. The main goal of monetary policy of the sovereign country is to maintain its political and economic independence. In this regard, the cornerstone of any economic policy should be to reach stable economic growth and welfare of the population that will ensure the steady and reliable integration into the world community as a successful, progress and innovation-based state. In this regard, the economy and its main indicator - the monetary system is necessary for such asolid and predictable environment, which would be a reliable basis for further progress and development. This model is called a strong asymmetry in financial societies. This is a model of the financial system where information from the past and present is available. It has a transparent and
2018-06-30
BANKING OLIGOPOLY, CURRENCY ISSUE AND REFINANCING LOANS – THE MAIN PROBLEMS AT MONETARY POLICY IN GEORGIA (2013 -2017)
Annotation Our study is the first attempt to overview the recent problems within monetary policy in Georgia, banking oligopoly and refinancing loans pyramid facing financial system in Georgia in the period of 2014 – 2017. The main goal of monetary policy of the sovereign country is to maintain its political and economic independence. In this regard, the cornerstone of any economic policy should be to reach stable economic growth and welfare of the population that will ensure the steady and reliable integration into the world community as a successful, progress and innovation-based state. In this regard, the economy and its main indicator - the monetary system is necessary for such asolid and predictable environment, which would be a reliable basis for further progress and development. This model is called a strong asymmetry in financial societies. This is a model of the financial system where information from the past and present is available. It has a transparent and
2018-06-30
∘ Vladimer Papava ∘ Tamar Tapladze ∘
WHY INFORMATION IS NOT A FACTOR OF PRODUCTION?
Summary According to the theory of production factors, these factors are labor, land, capital and entrepreneurial ability with each of them corresponding to an appropriate factor payment: wages, rental income, interest income and profits. Fifth factor of production is government’s economic ability. Its corresponding factor payments are indirect business taxes. Many publications suggest considering information or information technology as a factor of production. The authors, as a rule, studied the salient characteristics of information, its special nature and its impact on production. At the same time, unfortunately, they forget about the most important aspect of the theory of production factors according to which any production factor has to have a theoretically proven appropriate factor payment. It is very important to always remember that according to the theory of production factors, each of the factors has its own specific factor payment. The problem cannot be
2018-06-30
WHY INFORMATION IS NOT A FACTOR OF PRODUCTION?
Summary According to the theory of production factors, these factors are labor, land, capital and entrepreneurial ability with each of them corresponding to an appropriate factor payment: wages, rental income, interest income and profits. Fifth factor of production is government’s economic ability. Its corresponding factor payments are indirect business taxes. Many publications suggest considering information or information technology as a factor of production. The authors, as a rule, studied the salient characteristics of information, its special nature and its impact on production. At the same time, unfortunately, they forget about the most important aspect of the theory of production factors according to which any production factor has to have a theoretically proven appropriate factor payment. It is very important to always remember that according to the theory of production factors, each of the factors has its own specific factor payment. The problem cannot be
2018-06-30
∘ Givi Bedianashvili ∘
Knowledge Economy, Innovative entrepreneurial policy and culture: Systemic view
Annotation The modern globalization is characterized by a number of specific peculiarities of post-industry development, among which, in our view, the formation of knowledge economy is important. It should be noted that in the process of forming the knowledge economy, the innovative aspect of entrepreneurial activities is of a particular importance in the context of all business entities. The effectiveness of the overall innovative process depends on the efficient functioning of knowledge-based entrepreneurship, which in its own turn contributes to the development and implementation of innovative entrepreneurial policies by the state. The innovative entrepreneurial policy should envisage the formation of the institutional component, its systematic modernization in dynamics, compliance and synchronization of general formal institutions and business culture as an informal institution. Keywords: knowledge economy, innovative entrepreneurial policy, culture Introduction The modern
2018-06-30
Knowledge Economy, Innovative entrepreneurial policy and culture: Systemic view
Annotation The modern globalization is characterized by a number of specific peculiarities of post-industry development, among which, in our view, the formation of knowledge economy is important. It should be noted that in the process of forming the knowledge economy, the innovative aspect of entrepreneurial activities is of a particular importance in the context of all business entities. The effectiveness of the overall innovative process depends on the efficient functioning of knowledge-based entrepreneurship, which in its own turn contributes to the development and implementation of innovative entrepreneurial policies by the state. The innovative entrepreneurial policy should envisage the formation of the institutional component, its systematic modernization in dynamics, compliance and synchronization of general formal institutions and business culture as an informal institution. Keywords: knowledge economy, innovative entrepreneurial policy, culture Introduction The modern
2018-06-30
∘ Elena Belyaeva ∘
IMPLEMENTATION OF THE SYSTEM OF STATE AND MUNICIPAL "GREEN" PROCUREMENT IN THE MANAGEMENT OF DEVELOPMENT OF COASTAL TERRITORIES
In this article, the transition of coastal areas to a "green" economy is seen as a way of solving a number of accumulated economic and environmental problems. One of the instruments of transition to a "green" economy is environmentally oriented state and municipal purchases. The most important functions of "green" public procurement are considered, among which are reproductive, stimulating and innovative. By "green" purchases, the article refers to the process by which power structures are focused on acquiring goods and services that have the least negative impact on the environment. The legal prerequisites for the creation of a system of "green" purchases in Russia are considered, the necessity of its creation is justified. Preferred directions for the implementation of "green" state or municipal procurement for coastal areas have been identified. Some environmental criteria for the implementation of "green" state or municipal procurement are proposed with reference to the
2018-06-30
IMPLEMENTATION OF THE SYSTEM OF STATE AND MUNICIPAL "GREEN" PROCUREMENT IN THE MANAGEMENT OF DEVELOPMENT OF COASTAL TERRITORIES
In this article, the transition of coastal areas to a "green" economy is seen as a way of solving a number of accumulated economic and environmental problems. One of the instruments of transition to a "green" economy is environmentally oriented state and municipal purchases. The most important functions of "green" public procurement are considered, among which are reproductive, stimulating and innovative. By "green" purchases, the article refers to the process by which power structures are focused on acquiring goods and services that have the least negative impact on the environment. The legal prerequisites for the creation of a system of "green" purchases in Russia are considered, the necessity of its creation is justified. Preferred directions for the implementation of "green" state or municipal procurement for coastal areas have been identified. Some environmental criteria for the implementation of "green" state or municipal procurement are proposed with reference to the
2018-06-30
∘ George Berulava ∘
ON INNOVATIONAL AND INSTITUTIONAL PRECONDITIONS OF ECONOMIC GROWTH
Summary The paper considers the role innovational and institutional development process for the economic growth. The paper discusses the Schumpeterian and Austrian economic school’s approaches to economic growth. According to these approaches, the key microeconomic prerequisite of economic development and growth is the availability of firms capable of learning and appropriating knowledge, making entrepreneurial discovery and implementing of innovations, disrupting markets and earning supra profits. The availability of innovators, in turn, depends on the ability of the country to ensure institutional environment, in which that supra profits for innovators are sustained enough to compensate higher costs associated with innovations. In this context the success of a developing country in the creation of institutional framework that provides favorable incentive structure for innovative firms, explains in the end its success in the economic development process. The countries that
2018-06-30
ON INNOVATIONAL AND INSTITUTIONAL PRECONDITIONS OF ECONOMIC GROWTH
Summary The paper considers the role innovational and institutional development process for the economic growth. The paper discusses the Schumpeterian and Austrian economic school’s approaches to economic growth. According to these approaches, the key microeconomic prerequisite of economic development and growth is the availability of firms capable of learning and appropriating knowledge, making entrepreneurial discovery and implementing of innovations, disrupting markets and earning supra profits. The availability of innovators, in turn, depends on the ability of the country to ensure institutional environment, in which that supra profits for innovators are sustained enough to compensate higher costs associated with innovations. In this context the success of a developing country in the creation of institutional framework that provides favorable incentive structure for innovative firms, explains in the end its success in the economic development process. The countries that
2018-06-30
∘ Maryna Bilynska ∘ Natalia Oliynyk ∘ Olga Sokolova ∘
NEW INDUSTRIALIZATION AS A RESPONSE TO THE CHALLENGES OF UKRAINIAN ECONOMIC DEVELOPMENT IN THE CONTEXT OF GLOBALIZATION
In the context of globalization, the economy of each country is open. The openness of the economy is its ability to self-preservation and development in cooperation with the economies of other countries. Openness of the national economy to the outside world has positive effects - growth of production beyond domestic needs, increase in foreign exchange earnings, increase in the level of competition between domestic producers and foreigners, strengthening of trust between countries and the like. At the same time, openness of the national economy is fraught with threats associated with the fact that in the period of the falling demand in the world for this or that product, there is a reduction in national exports. In addition, significant risks arise in connection with reduction of foreign exchange reserves and growth of external (state and corporate) debt, undermining price and exchange rate stability. This is especially true of small open economies, including the Ukraine. In Ukraine
2018-06-30
NEW INDUSTRIALIZATION AS A RESPONSE TO THE CHALLENGES OF UKRAINIAN ECONOMIC DEVELOPMENT IN THE CONTEXT OF GLOBALIZATION
In the context of globalization, the economy of each country is open. The openness of the economy is its ability to self-preservation and development in cooperation with the economies of other countries. Openness of the national economy to the outside world has positive effects - growth of production beyond domestic needs, increase in foreign exchange earnings, increase in the level of competition between domestic producers and foreigners, strengthening of trust between countries and the like. At the same time, openness of the national economy is fraught with threats associated with the fact that in the period of the falling demand in the world for this or that product, there is a reduction in national exports. In addition, significant risks arise in connection with reduction of foreign exchange reserves and growth of external (state and corporate) debt, undermining price and exchange rate stability. This is especially true of small open economies, including the Ukraine. In Ukraine
2018-06-30
∘ Mariya Bitarova ∘ Tatyana Volkova ∘ Vera Minenkova ∘
PROBLEMS OF ECOLOGICAL TOURISM DEVELOPMENT IN SPECIALLY PROTECTED NATURAL TERRITORIES (ON THE EXAMPLE OF SPNT DOLGAYA SPIT)
Summary In this article, the authors considers issues related to the current state of ecotourism and the prospects for its de- velopment in the Krasnodar Region. The study was carried out with the financial support of the Russian Foundation for Basic Research, project No. 16-22-03001 a (m) "Development of a methodology and mechanism for supporting envi- ronmentally oriented business and tourism in specially protected natural areas on the example of Russia and Mongolia". The article describes the complex situation that has arisen due to the intensive use of the territories on the Dolaya fore- land. Tourist and recreational use of the territory of the foreland Dolgaya is associated with some problems, the resolu- tion of which requires consolidated efforts from both the regional authorities and the public. The objectives of this arti- cle were to identify the main problems of the development of the territory and propose options for their
2018-06-30
PROBLEMS OF ECOLOGICAL TOURISM DEVELOPMENT IN SPECIALLY PROTECTED NATURAL TERRITORIES (ON THE EXAMPLE OF SPNT DOLGAYA SPIT)
Summary In this article, the authors considers issues related to the current state of ecotourism and the prospects for its de- velopment in the Krasnodar Region. The study was carried out with the financial support of the Russian Foundation for Basic Research, project No. 16-22-03001 a (m) "Development of a methodology and mechanism for supporting envi- ronmentally oriented business and tourism in specially protected natural areas on the example of Russia and Mongolia". The article describes the complex situation that has arisen due to the intensive use of the territories on the Dolaya fore- land. Tourist and recreational use of the territory of the foreland Dolgaya is associated with some problems, the resolu- tion of which requires consolidated efforts from both the regional authorities and the public. The objectives of this arti- cle were to identify the main problems of the development of the territory and propose options for their
2018-06-30
∘ Vakhtang Burduli ∘
MODERN TENDENCIES OF DEVELOPMENT OF GOALS AND TASKS OF STATE INNOVATION POLICY
Summary The task before Georgia is to develop and implement state innovation policy adequate to modern conditions. In this regard, it is useful to study the experience of developed countries in the formation of its goals and objectives. In connection with the growing crisis in the 1990s and later, the aggravation of international competition in the context of globalization and other circumstances, many developed countries have undergone a serious transformation of the principles of formation and mechanisms for implementing state innovation policies, which has also manifested itself in the transformation and development of its goals and tasks. This article set the task of formulating and substantiating the system of goals and objectives of state innovation policy that is adequate to modern trends of innovative development, taking into account the experience of their transformation in developed countries. Innovation policy, innovative "agenda" is becoming increasingly important as a
2018-06-30
MODERN TENDENCIES OF DEVELOPMENT OF GOALS AND TASKS OF STATE INNOVATION POLICY
Summary The task before Georgia is to develop and implement state innovation policy adequate to modern conditions. In this regard, it is useful to study the experience of developed countries in the formation of its goals and objectives. In connection with the growing crisis in the 1990s and later, the aggravation of international competition in the context of globalization and other circumstances, many developed countries have undergone a serious transformation of the principles of formation and mechanisms for implementing state innovation policies, which has also manifested itself in the transformation and development of its goals and tasks. This article set the task of formulating and substantiating the system of goals and objectives of state innovation policy that is adequate to modern trends of innovative development, taking into account the experience of their transformation in developed countries. Innovation policy, innovative "agenda" is becoming increasingly important as a
2018-06-30
∘ Inna Demuz ∘ Alla Zlenko ∘ Olena Isaykina ∘
CORPORATE CULTURE: MODERN PHILOSOPHY OF EFFECTIVE MANAGEMENT
Annotation. The article analyzes the modern corporate culture of the organization as a strategic tool that allows to orient all divisions and individuals to common goals, to mobilize the initiative of employees and to facilitate productive communication between them. The role of corporate culture in the effective management system is substantiated. The tasks, functions of the corporate culture, its influence on the development of staff potential are revealed. Modern business conditions contribute to the consideration of the concept of "corporate culture" as one of the main elements of the personnel management system. The task of developing a corporate culture periodically arises for many managers, but in most cases this incomprehensible and poorly realized part of professional life remains outside of management and is limited to team-forming activities in different formats. Today, corporate culture as an aggregate of attributes that determine the individuality, the uniqueness of
2018-06-30
CORPORATE CULTURE: MODERN PHILOSOPHY OF EFFECTIVE MANAGEMENT
Annotation. The article analyzes the modern corporate culture of the organization as a strategic tool that allows to orient all divisions and individuals to common goals, to mobilize the initiative of employees and to facilitate productive communication between them. The role of corporate culture in the effective management system is substantiated. The tasks, functions of the corporate culture, its influence on the development of staff potential are revealed. Modern business conditions contribute to the consideration of the concept of "corporate culture" as one of the main elements of the personnel management system. The task of developing a corporate culture periodically arises for many managers, but in most cases this incomprehensible and poorly realized part of professional life remains outside of management and is limited to team-forming activities in different formats. Today, corporate culture as an aggregate of attributes that determine the individuality, the uniqueness of
2018-06-30
∘ Anatoly Drobyazko ∘ George Sigua ∘
MANAGEMENT OF INDICATORS OF THE FINANCIAL SECURITY OF A STATE UNDER INCREASING NATIONAL PROTECTIONISM
Summary The article outlines the key priorities of macroeconomic and fiscal state programming, taking into account the analysis of the existing experience of reforms in Ukraine under the influence of international financial organizations. The need for a critical rethinking of cooperation between Ukraine and international financial organizations under the conditions of political and social transformations in Ukraine and the world is argued. The possibility of correcting economic reforms in Ukraine is shown taking into account the requirements of international financial institutions in conditions of increasing national
2018-06-30
MANAGEMENT OF INDICATORS OF THE FINANCIAL SECURITY OF A STATE UNDER INCREASING NATIONAL PROTECTIONISM
Summary The article outlines the key priorities of macroeconomic and fiscal state programming, taking into account the analysis of the existing experience of reforms in Ukraine under the influence of international financial organizations. The need for a critical rethinking of cooperation between Ukraine and international financial organizations under the conditions of political and social transformations in Ukraine and the world is argued. The possibility of correcting economic reforms in Ukraine is shown taking into account the requirements of international financial institutions in conditions of increasing national
2018-06-30
∘ Alfred Kuratashvili ∘
ECONOMIC SCIENCE, POLICY AND PRACTICE ON THE SERVICE OF "PURELY" ECONOMIC GOAL – ECONOMIC FASCISM AND CRIME AGAINST HUMANITY (?!)
Summary In scientific work, economic science, policy and practice in the service of a "purely" economic goal – the author regards as an economic fascism, as a crime againsthumanity(?!). The domination of money, the market, the profit of capital in society and in the state, according to the author's assertion, is the domination of the marked economic categories over man, domination over the people, which is economic fascism, and that is the manifestation of the essential nature of true capitalism. Moreover, the author reasonably argues that the deep "scientific" roots associated with economic fascism should be sought in the views of Adam Smith, one of the founders of classical political economy, and, in particular, in his "main idea", called by Adam Smith himself, " invisible hand "(?!). The author expresses a categorical disagreement with the understanding and interpretation of the so-called "invisible hand" of Adam Smith, according to which, as if obtaining maximum
2018-06-30
ECONOMIC SCIENCE, POLICY AND PRACTICE ON THE SERVICE OF "PURELY" ECONOMIC GOAL – ECONOMIC FASCISM AND CRIME AGAINST HUMANITY (?!)
Summary In scientific work, economic science, policy and practice in the service of a "purely" economic goal – the author regards as an economic fascism, as a crime againsthumanity(?!). The domination of money, the market, the profit of capital in society and in the state, according to the author's assertion, is the domination of the marked economic categories over man, domination over the people, which is economic fascism, and that is the manifestation of the essential nature of true capitalism. Moreover, the author reasonably argues that the deep "scientific" roots associated with economic fascism should be sought in the views of Adam Smith, one of the founders of classical political economy, and, in particular, in his "main idea", called by Adam Smith himself, " invisible hand "(?!). The author expresses a categorical disagreement with the understanding and interpretation of the so-called "invisible hand" of Adam Smith, according to which, as if obtaining maximum
2018-06-30
∘ Irina Kutlina ∘ Svetlana Drobyazko ∘ Evgeny Samoilenko ∘
FUNCTIONS OF MODERN ADVERTISING
Summary The article reveals the essence and definition of advertising. Questions of the concept of advertising in foreign and domestic practice are covered. The functions of advertising and advertising organizational structures are character- ized. In conditions of the market, civilized advertising is a necessary component of the communication system for business entities. Advertising is a type of activity aimed at selling sales or other tasks of industrial, service enterprises and public organizations by spreading the information they have paid for, formed in such a way as to cause an increased impact on the mass or individual consciousness, causing a given reaction to the chosen consumer audience. There are numerous and varied definitions of advertising. It can be defined as a communication process, as a marketing process, as an economic and social process that provides communication with the public or as an information process and a pro- cess of persuasion
2018-06-30
FUNCTIONS OF MODERN ADVERTISING
Summary The article reveals the essence and definition of advertising. Questions of the concept of advertising in foreign and domestic practice are covered. The functions of advertising and advertising organizational structures are character- ized. In conditions of the market, civilized advertising is a necessary component of the communication system for business entities. Advertising is a type of activity aimed at selling sales or other tasks of industrial, service enterprises and public organizations by spreading the information they have paid for, formed in such a way as to cause an increased impact on the mass or individual consciousness, causing a given reaction to the chosen consumer audience. There are numerous and varied definitions of advertising. It can be defined as a communication process, as a marketing process, as an economic and social process that provides communication with the public or as an information process and a pro- cess of persuasion
2018-06-30
∘ Svetlana Nesterenko ∘
THE ROLE OF STRATEGIC PLANNING IN COMMERCIAL BANKS ACTIVITIES
Summary For successful functioning of the bank in modern conditions, it is necessary to develop a development strategy and harmonize operational management procedures with procedures for marketing strategic planning and management. Strategic marketing planning is one of the most important types of planning in the enterprise, closely related to strategic corporate planning. The goal of strategic marketing planning is to identify the most promising areas of the company's activities, which is typical for the corporate level and the level of strategic business units. The strategy of banking marketing is a generalized model of the actions necessary to achieve the bank's long-term goals by coordinating and distributing financial resources on the basis of the principles and functions of banking marketing in order to ensure profitability Strategic planning of bank marketing is a general corporate process that provides a unified direction of efforts of all members of the banking institution
2018-06-30
THE ROLE OF STRATEGIC PLANNING IN COMMERCIAL BANKS ACTIVITIES
Summary For successful functioning of the bank in modern conditions, it is necessary to develop a development strategy and harmonize operational management procedures with procedures for marketing strategic planning and management. Strategic marketing planning is one of the most important types of planning in the enterprise, closely related to strategic corporate planning. The goal of strategic marketing planning is to identify the most promising areas of the company's activities, which is typical for the corporate level and the level of strategic business units. The strategy of banking marketing is a generalized model of the actions necessary to achieve the bank's long-term goals by coordinating and distributing financial resources on the basis of the principles and functions of banking marketing in order to ensure profitability Strategic planning of bank marketing is a general corporate process that provides a unified direction of efforts of all members of the banking institution
2018-06-30
∘ Nugzar Paichadze ∘
Staff Motivation as an affective factor of Human Resource Usage
SUMMARY In this article are viewed such actual issues concerning to staff motivation as: motivation essence and its types, theories about motivation, processing of staff motivation system, motivation for labour stimulation and others. It is underlined that the researchers working over the above given problems, according to different features, lined out the following types of staff motivation: selfmotivation, inner and outer motivation, direct and forced motivation and etc. The instrumental and contextual theory of motivation is also discussed in the article. Particular attention is paid to the theory of requirements related to the workers“ motivation which was given by M. Maslow. In the above article is discussed motivation being received for satisfaction from work and internal and external factors acting on the latter. The next 4 methods of satisfaction measurement offered by M. Armstrong's
2018-06-30
Staff Motivation as an affective factor of Human Resource Usage
SUMMARY In this article are viewed such actual issues concerning to staff motivation as: motivation essence and its types, theories about motivation, processing of staff motivation system, motivation for labour stimulation and others. It is underlined that the researchers working over the above given problems, according to different features, lined out the following types of staff motivation: selfmotivation, inner and outer motivation, direct and forced motivation and etc. The instrumental and contextual theory of motivation is also discussed in the article. Particular attention is paid to the theory of requirements related to the workers“ motivation which was given by M. Maslow. In the above article is discussed motivation being received for satisfaction from work and internal and external factors acting on the latter. The next 4 methods of satisfaction measurement offered by M. Armstrong's
2018-06-30
∘ Evgeni Baratashvili ∘ Davit Bibichadze ∘ Tamar Lagvilava ∘
EXTREME MANAGEMENT PECULIARITIES IN MODERN MANAGEMENT THEORY
Summary Nowadays, innovative economies are systematically emerging completely new problems that are caused by sharp changes in external and internal environment, with uncertainty and unpredictability, emergency and crisis situations. The solution of these tasks is related to the search for nonstandard approaches, the copying of which is impossible from existing theoretical concepts or past experience. This is precisely the reason for the active use of creative management in companies’ management. The purpose of this work is to present one of the most advanced branches of Creative Management – Extreme Management and show different approaches in comparison with Traditional Management. Extreme-management is a special type of organization management based on an active involvement of all participants in the management process in developing and realizing non-standard, extravagant solutions and actions with high quality risk. Such decisions should provide dynamic and
2018-06-30
EXTREME MANAGEMENT PECULIARITIES IN MODERN MANAGEMENT THEORY
Summary Nowadays, innovative economies are systematically emerging completely new problems that are caused by sharp changes in external and internal environment, with uncertainty and unpredictability, emergency and crisis situations. The solution of these tasks is related to the search for nonstandard approaches, the copying of which is impossible from existing theoretical concepts or past experience. This is precisely the reason for the active use of creative management in companies’ management. The purpose of this work is to present one of the most advanced branches of Creative Management – Extreme Management and show different approaches in comparison with Traditional Management. Extreme-management is a special type of organization management based on an active involvement of all participants in the management process in developing and realizing non-standard, extravagant solutions and actions with high quality risk. Such decisions should provide dynamic and
2018-06-30
∘ Magbat Spanov ∘ Kuralai Nurgalieva ∘ Anel Usenova ∘
THE SPECIFICATION OF DEMAND AND SUPPLY ON REGIONAL AND LOCAL MARKETS IN THE CHEMICAL AND PETROCHEMICAL INDUSTRY OF KAZAKHSTAN
Summary In the article are considered formation of the chemical and petrochemical industry in regions of Kazakhstan. The existing problems and the directions of the solution of these problems are shown. The following problems of characteristic of chemical industry are: 1) lack of access to hydrocarbonic raw materials – to oil and products of her primary processing, natural gas. 2) The insufficient volume of processing of the extracted oil. Also in the article directions of solutions of these problems are offered: At this stage of development of chemical industry by the most productive for Kazakhstan has shown experience of industrialization of several countries, the combination of directive and indicative methods of management of development of branch. The sphere of directive methods treat: Budgetary expenses on creation of the infrastructure necessary for implementation of industry investment projects; formation of system of reduced rates for transportation
2018-06-30
THE SPECIFICATION OF DEMAND AND SUPPLY ON REGIONAL AND LOCAL MARKETS IN THE CHEMICAL AND PETROCHEMICAL INDUSTRY OF KAZAKHSTAN
Summary In the article are considered formation of the chemical and petrochemical industry in regions of Kazakhstan. The existing problems and the directions of the solution of these problems are shown. The following problems of characteristic of chemical industry are: 1) lack of access to hydrocarbonic raw materials – to oil and products of her primary processing, natural gas. 2) The insufficient volume of processing of the extracted oil. Also in the article directions of solutions of these problems are offered: At this stage of development of chemical industry by the most productive for Kazakhstan has shown experience of industrialization of several countries, the combination of directive and indicative methods of management of development of branch. The sphere of directive methods treat: Budgetary expenses on creation of the infrastructure necessary for implementation of industry investment projects; formation of system of reduced rates for transportation
2018-06-30
∘ Avtandil Sulaberidze ∘
MOTIVATION OF GEORGIAN STUDENTS’ MIGRATORY BEHAVIOR AND ITS EXPECTED RESULTS
Summary The following article supposes with the help of evidence that migratory processes in Georgia occur according to general laws of migration and are derived from the existing theories of migration. Subsequently, against the backdrop of neoclassical and sociological conceptions of migration, the article presents migratory motivations and homecoming conditions of those students, who after graduating from a university want to continue studying abroad. The reason of primacy for choosing a specific country and university by students for further studying is analyzed, as well as the expected positive and negative social-demographic and economic results of the students who went abroad to receive education. Within the structure of Georgian students’ educational needs, the fields of economics and business administration are clearly defined (45,6%). Moreover, these professions are a little more popular among girls (46,7%) than among boys (44,5%). According to the chosen
2018-06-30
MOTIVATION OF GEORGIAN STUDENTS’ MIGRATORY BEHAVIOR AND ITS EXPECTED RESULTS
Summary The following article supposes with the help of evidence that migratory processes in Georgia occur according to general laws of migration and are derived from the existing theories of migration. Subsequently, against the backdrop of neoclassical and sociological conceptions of migration, the article presents migratory motivations and homecoming conditions of those students, who after graduating from a university want to continue studying abroad. The reason of primacy for choosing a specific country and university by students for further studying is analyzed, as well as the expected positive and negative social-demographic and economic results of the students who went abroad to receive education. Within the structure of Georgian students’ educational needs, the fields of economics and business administration are clearly defined (45,6%). Moreover, these professions are a little more popular among girls (46,7%) than among boys (44,5%). According to the chosen
2018-06-30
∘ Teimuraz Shengelia ∘
THE INFLUENCE OF CROSS-CULTURAL PECULIERITIES OF SOCIAL CAPITAL OF ETHNIC GROUPS ON BUSUNESS
Summary The concept of social capital becomes more popular not only in sociology and economics, but in other sciences as well, in which this issue is widely discussed. “Social capital” is quite a broad concept. Diversity of opinions on the nature of this phenomenon complicates the methodology of its measuring. Analysis of existing explanations of social capital, theoretical approaches to its study show that social sciences are still very far from clear understanding of agreed explanation of this phenomenon and the mechanisms of its influence on business. It has been determined in result of research that the degree of trust is connected with business success, and it is considered that in those cultures, where trust is higher, the degree of transaction reduces; in such countries the level of investments is higher. We consider that social capital promotes formation of social relations of an individual, which becomes the basis for the so-called efficient economic behavior and
2018-06-30
THE INFLUENCE OF CROSS-CULTURAL PECULIERITIES OF SOCIAL CAPITAL OF ETHNIC GROUPS ON BUSUNESS
Summary The concept of social capital becomes more popular not only in sociology and economics, but in other sciences as well, in which this issue is widely discussed. “Social capital” is quite a broad concept. Diversity of opinions on the nature of this phenomenon complicates the methodology of its measuring. Analysis of existing explanations of social capital, theoretical approaches to its study show that social sciences are still very far from clear understanding of agreed explanation of this phenomenon and the mechanisms of its influence on business. It has been determined in result of research that the degree of trust is connected with business success, and it is considered that in those cultures, where trust is higher, the degree of transaction reduces; in such countries the level of investments is higher. We consider that social capital promotes formation of social relations of an individual, which becomes the basis for the so-called efficient economic behavior and
2018-06-30
∘ Khatuna Berishvili ∘
A NEW APPROACH TO MEASUREMENT OF CORPORATIVE SOCIAL RESPONSIBILITY
Abstract Despite a great number of definitions and alternative theories of corporative social responsibility, the idea of functioning of socially oriented company was changing not so much radically. Essence of CSR within the entire period of development of this concept was being determined as some phylosophy of company behavior and the concept of formation of interactions with all, which are somehow connected with its activities. Within last years on the pages of scientific literature the discussion was ongoing on crisis of the conception of a social state, the need for radical reform in the public sector, changes in direction of social protection, the need for radical institutional changes (reform, first of all, of social institutions). At the present stage of development of industrial society one of the most active problems is evaluation and changes of corporative social responsibility. On the basis of analysis of modern model of “social state” new
2018-06-30
A NEW APPROACH TO MEASUREMENT OF CORPORATIVE SOCIAL RESPONSIBILITY
Abstract Despite a great number of definitions and alternative theories of corporative social responsibility, the idea of functioning of socially oriented company was changing not so much radically. Essence of CSR within the entire period of development of this concept was being determined as some phylosophy of company behavior and the concept of formation of interactions with all, which are somehow connected with its activities. Within last years on the pages of scientific literature the discussion was ongoing on crisis of the conception of a social state, the need for radical reform in the public sector, changes in direction of social protection, the need for radical institutional changes (reform, first of all, of social institutions). At the present stage of development of industrial society one of the most active problems is evaluation and changes of corporative social responsibility. On the basis of analysis of modern model of “social state” new
2018-06-30
∘ Murman Kvaratskhelia ∘
POVERTY AND EMPLOYMENT PROBLEMS IN GEORGIA
Summary The economic crisis in Georgia has become a systemic character. Its outcome contributes to the polarization of the living standards of some of the population. One of the serious challenges of manifestation of this is the problems of poverty and employment. In the country there is an unusual situation. The economic growth of the country can not cope with the unemployment problem. Georgia, which is a transitional country, has about 8% of the population, or 300,000 people living in unemployment mode. The fact is that the number of self-employed people in our country is much higher compared to other countries. Every person living in rural areas is considered self-employed. But their revenues are unstable and low. So, for example, if we compare EU countries, 85% are employed there. While the remaining 15% belong to the self-employed category. Statistical data in Georgia shows an anti-trend. In particular, the number of hised employees is 32% and self-employed - 68%. Also,
2018-06-30
POVERTY AND EMPLOYMENT PROBLEMS IN GEORGIA
Summary The economic crisis in Georgia has become a systemic character. Its outcome contributes to the polarization of the living standards of some of the population. One of the serious challenges of manifestation of this is the problems of poverty and employment. In the country there is an unusual situation. The economic growth of the country can not cope with the unemployment problem. Georgia, which is a transitional country, has about 8% of the population, or 300,000 people living in unemployment mode. The fact is that the number of self-employed people in our country is much higher compared to other countries. Every person living in rural areas is considered self-employed. But their revenues are unstable and low. So, for example, if we compare EU countries, 85% are employed there. While the remaining 15% belong to the self-employed category. Statistical data in Georgia shows an anti-trend. In particular, the number of hised employees is 32% and self-employed - 68%. Also,
2018-06-30
∘ Madona Gelashvili ∘
ECONOMICS OF KNOWLEDGE AS A FACTOR OF INNOVATION DEVELOPMENT
Summary Knowledge (innovative) economics represents final stage of world economics transformation. Traditional economy or pre-industrial era preceded industrial production, which on the other hand was replaced by post-industrial period and today resource-technologies are replaced by scientific technologies at micro as well as macro levels. Knowledge economics increasingly influences the state economic succession. It within the previous economic relationships, state prosperity was determined by extensive type of production, since late middle ages, the prerequisite for economic succession became the cheapening of labor production as a result of implementation of novel technologies. Therefore, human being, as a knowledge factory became a generator of novel technologies, innovative ideas. With the help of neoclassical theory, it can be said that economic growth represents the outcome of increasing labor workforce along with technological processes reducing the expenses. Taking into
2018-06-30
ECONOMICS OF KNOWLEDGE AS A FACTOR OF INNOVATION DEVELOPMENT
Summary Knowledge (innovative) economics represents final stage of world economics transformation. Traditional economy or pre-industrial era preceded industrial production, which on the other hand was replaced by post-industrial period and today resource-technologies are replaced by scientific technologies at micro as well as macro levels. Knowledge economics increasingly influences the state economic succession. It within the previous economic relationships, state prosperity was determined by extensive type of production, since late middle ages, the prerequisite for economic succession became the cheapening of labor production as a result of implementation of novel technologies. Therefore, human being, as a knowledge factory became a generator of novel technologies, innovative ideas. With the help of neoclassical theory, it can be said that economic growth represents the outcome of increasing labor workforce along with technological processes reducing the expenses. Taking into
2018-06-30
∘ Nata Davlasheridze ∘
"The smart cities" as one of the main directions of social innovations
Summary One of the main criteria of social development is social innovations (in English - social innovation) are new ideas, strategy, technologies which promote the decision of socially important tasks, causing social changes of society. New social systems, education systems might be considered as social innovations, health care, the systems of public communications using innovative approaches and/or technologies. Social innovations have huge value for economic development and improving of quality of life of people in the cities. Therefore one of principal directions of social innovations are the "smart" cities. According to results of the research conducted by Frost &Sullivan in cooperation with the Hitachi Europe Ltd company., by 2020 56% of the population of Earth will live in the urban environment, and by 2025 more than 35 cities will become large megalopolises, there will be also 26 "smart" cities, the size of the market of technologies of the intellectual
2018-06-30
"The smart cities" as one of the main directions of social innovations
Summary One of the main criteria of social development is social innovations (in English - social innovation) are new ideas, strategy, technologies which promote the decision of socially important tasks, causing social changes of society. New social systems, education systems might be considered as social innovations, health care, the systems of public communications using innovative approaches and/or technologies. Social innovations have huge value for economic development and improving of quality of life of people in the cities. Therefore one of principal directions of social innovations are the "smart" cities. According to results of the research conducted by Frost &Sullivan in cooperation with the Hitachi Europe Ltd company., by 2020 56% of the population of Earth will live in the urban environment, and by 2025 more than 35 cities will become large megalopolises, there will be also 26 "smart" cities, the size of the market of technologies of the intellectual
2018-06-30
∘ Lia Dvalishvili ∘
MODERN TENDENCIES OF SCIENTIFIC-TECHNICAL PROGRESS
Summary Production structure is constantly Changing due to scientific-technical progress influence. Structural changes are characteristic to the modern world economy, that is connected with the growth of sectors based on technology and knowledge. The growth of use of new methods of business management by multinational enterprises is related to the deepening of international labor distribution. Modern stage of scientific –technical progress was stipulated by scientific-technical revolution, which together with production includes agriculture, transport, communication, medicine, education, family farms. The content of modern scientific –technical revolution is that science has directly transformed into productive forces and scientific-technical and information potential has become crucial factor of competitiveness. In the conditions of scientific-technical revolution scientific-technical potential and information resources of the countries become a
2018-06-30
MODERN TENDENCIES OF SCIENTIFIC-TECHNICAL PROGRESS
Summary Production structure is constantly Changing due to scientific-technical progress influence. Structural changes are characteristic to the modern world economy, that is connected with the growth of sectors based on technology and knowledge. The growth of use of new methods of business management by multinational enterprises is related to the deepening of international labor distribution. Modern stage of scientific –technical progress was stipulated by scientific-technical revolution, which together with production includes agriculture, transport, communication, medicine, education, family farms. The content of modern scientific –technical revolution is that science has directly transformed into productive forces and scientific-technical and information potential has become crucial factor of competitiveness. In the conditions of scientific-technical revolution scientific-technical potential and information resources of the countries become a
2018-06-30
∘ Tsitsino Tetrauli ∘
SOME OF THE CRYPTOCURRENCY ISSUES UNDER THE INNOVATIVE ECONOMY
Summary Money history shows that money can not be a homogeneous mass. Since the origin of money has been the subject of many changes, money was and is one of the most difficult issues in economic science, the study of the tendencies of money-generating trends creates the basis that electronic money will eventually deduct paper money and become a predominant form of money. Recently we hear new words: "live money", "electronic money", "cryptocurrency", "bitcoin", "blockchein", "alternative money", etc. The best known and most popular of cryptocurrency is bitcoin. Bitcoin interest in the whole world is growing, it was created in 2009 by unknown programmers. It is noteworthy that after the financial crisis of 2008, their idea was to create a self-regulated currency, which can not interfere with regulations. It can be said that bitcoin is the first decentralized currency, no government can withdraw from its system, each bitcoin has its code. Cryptocurrency is a new type of money,
2018-06-30
SOME OF THE CRYPTOCURRENCY ISSUES UNDER THE INNOVATIVE ECONOMY
Summary Money history shows that money can not be a homogeneous mass. Since the origin of money has been the subject of many changes, money was and is one of the most difficult issues in economic science, the study of the tendencies of money-generating trends creates the basis that electronic money will eventually deduct paper money and become a predominant form of money. Recently we hear new words: "live money", "electronic money", "cryptocurrency", "bitcoin", "blockchein", "alternative money", etc. The best known and most popular of cryptocurrency is bitcoin. Bitcoin interest in the whole world is growing, it was created in 2009 by unknown programmers. It is noteworthy that after the financial crisis of 2008, their idea was to create a self-regulated currency, which can not interfere with regulations. It can be said that bitcoin is the first decentralized currency, no government can withdraw from its system, each bitcoin has its code. Cryptocurrency is a new type of money,
2018-06-30
∘ Ketevan Kitsmarishvili ∘
TECHNOLOGICAL INNOVATIONS IN EDUCATIONAL FIELD
Summary Innovations in social field are directed towards meeting processes of society’s needs and interests of each member. State, social and commercial organizations and citizens realize innovations in social field. Innovations in governmental institutions are shared between national, regional and municipal levels. Principal mechanism on realization state innovation in social field is state innovation policy that is state regulatory process of this field. Actually, social policy is collection of approved rules on social processes’ regulation. Social innovations may be material, organizational and cultural. State, regional, domestic and local innovations differ according to the level of influencing society. Organizational and cultural innovations are equal on all levels, but material innovation mainly on local and domestic levels. Realization of innovations in social field means provision of financial, informational, organizational and human resources. radical changes are
2018-06-30
TECHNOLOGICAL INNOVATIONS IN EDUCATIONAL FIELD
Summary Innovations in social field are directed towards meeting processes of society’s needs and interests of each member. State, social and commercial organizations and citizens realize innovations in social field. Innovations in governmental institutions are shared between national, regional and municipal levels. Principal mechanism on realization state innovation in social field is state innovation policy that is state regulatory process of this field. Actually, social policy is collection of approved rules on social processes’ regulation. Social innovations may be material, organizational and cultural. State, regional, domestic and local innovations differ according to the level of influencing society. Organizational and cultural innovations are equal on all levels, but material innovation mainly on local and domestic levels. Realization of innovations in social field means provision of financial, informational, organizational and human resources. radical changes are
2018-06-30
∘ Irine Mamaladze ∘ Tea Lazarashvili ∘
INNOVATIONS AND TECHNOLOGICAL DEVELOPMENTS ARE PROMOTING FACTORS
Summary The development of modern economy, first of all, determines the level of innovation and globalization. Innovations are based on new ideas, technologies, management and marketing solutions based on new ideas, scientific findings and inventions. In the efficient industrial economics is highly development today the process of commercialization and transformation into industrialized buseness of innovations and scientific research results. Scientists describe modern global economy as a transition to an "innovative (knowledge) economy". Innovation is the result of innovative activity, the specific content of innovation is expressed by change, transforming. The main function of innovative activity is to make changes. The innovative process is related to the creation, development and dissemination of innovation. Innovation creators (innovators) use such criteria as product life cycle and economic efficiency. Their strategy is aimed at winning competitors, creating a unique
2018-06-30
INNOVATIONS AND TECHNOLOGICAL DEVELOPMENTS ARE PROMOTING FACTORS
Summary The development of modern economy, first of all, determines the level of innovation and globalization. Innovations are based on new ideas, technologies, management and marketing solutions based on new ideas, scientific findings and inventions. In the efficient industrial economics is highly development today the process of commercialization and transformation into industrialized buseness of innovations and scientific research results. Scientists describe modern global economy as a transition to an "innovative (knowledge) economy". Innovation is the result of innovative activity, the specific content of innovation is expressed by change, transforming. The main function of innovative activity is to make changes. The innovative process is related to the creation, development and dissemination of innovation. Innovation creators (innovators) use such criteria as product life cycle and economic efficiency. Their strategy is aimed at winning competitors, creating a unique
2018-06-30
∘ Medea Melashvili ∘ Nunu Kistauri ∘ Ketevan Kveladze ∘
MODERN TRENDS IN SOFTWARE DEVELOPMENT
Summary Software is an essential component of the IT sector. The term "software" was spread in the 60s of the 20th century, and today it is a huge industry. It is believed that the first computational program was created in the 30s by Lady Ada Laqluisas for Charles Bebege's car. Since then, information technologies have quickly invaded human life and are continuously taking the leading positions there. Today, the software market is one of the world's top-rated according to its scale and growth rates. Its subjects are software manufacturers, users and non-licensed so-called manufacturers of "pirated" versions. With the development of the Internet, the Internet has grown tremendously and has become the fastest growing software industry, but in parallel with this, the Internet contributes to the wide spread and use of non-licensed programs that bring the loss of billions of dollars to the sector. Despite the fact that the "piracy" is punctuated by law according to BSA data,
2018-06-30
MODERN TRENDS IN SOFTWARE DEVELOPMENT
Summary Software is an essential component of the IT sector. The term "software" was spread in the 60s of the 20th century, and today it is a huge industry. It is believed that the first computational program was created in the 30s by Lady Ada Laqluisas for Charles Bebege's car. Since then, information technologies have quickly invaded human life and are continuously taking the leading positions there. Today, the software market is one of the world's top-rated according to its scale and growth rates. Its subjects are software manufacturers, users and non-licensed so-called manufacturers of "pirated" versions. With the development of the Internet, the Internet has grown tremendously and has become the fastest growing software industry, but in parallel with this, the Internet contributes to the wide spread and use of non-licensed programs that bring the loss of billions of dollars to the sector. Despite the fact that the "piracy" is punctuated by law according to BSA data,
2018-06-30
∘ Marine Tsutskiridze ∘
BUSINESSDEVELOPMENTTRENDSAND THEUSEOFINNOVATIVETECHNOLOGIES
Summary The paper discusses the modern tendency of business development in the process of integration of firms. The issues of creation of innovative business are set out. Among them principle is the use of innovative technologies in business production and service, especially improvement of its state and commercial base with the use of security and dual-use technologies, necessary to regulate market relations. Actual problems of analysis of business development trends are viewed in connection with innovative activity of Euro market relations, in relationship with new technologies, products and services developed through the participation of the European Union in scientific and industrial researches, and also with economic systems and market processes. The basis for the analysis of the process of innovative and technological development is the expansion of high-tech products in the industrial and service sectors of business and the promotion of European integration which is the main
2018-06-30
BUSINESSDEVELOPMENTTRENDSAND THEUSEOFINNOVATIVETECHNOLOGIES
Summary The paper discusses the modern tendency of business development in the process of integration of firms. The issues of creation of innovative business are set out. Among them principle is the use of innovative technologies in business production and service, especially improvement of its state and commercial base with the use of security and dual-use technologies, necessary to regulate market relations. Actual problems of analysis of business development trends are viewed in connection with innovative activity of Euro market relations, in relationship with new technologies, products and services developed through the participation of the European Union in scientific and industrial researches, and also with economic systems and market processes. The basis for the analysis of the process of innovative and technological development is the expansion of high-tech products in the industrial and service sectors of business and the promotion of European integration which is the main
2018-06-30
∘ Vasil Khizanishvili ∘
RELIGIOUS ETHICS: DETERMINANT OF ECONOMIC BEHAVIOURS
Summary The Religions represenst explainable systems with an incomparable high general demand, which concerns with a question of <<absolute>> verity. That’s why every religious ethics are imminent in order to make pretensions to<<the whole human being>> and make a forming to the all spheres of human action, as well in economics. In the West, by the end of the twentieth century also in economic science appears the cultural-theoretical themes, where point at issue is a question of economic actions about the mental and cognitive prerequisites. The<<cognitive maps>> and <<belief systems>> manage the perceptible structures of the individuals and collective actors and define their imaginations of the reality, which play an important role in the decision making process by economic actors. With such cultural assumptions conditioned<<rational choice model>> shows a certain restriction in economic processes. Turning to the
2018-06-30
RELIGIOUS ETHICS: DETERMINANT OF ECONOMIC BEHAVIOURS
Summary The Religions represenst explainable systems with an incomparable high general demand, which concerns with a question of <<absolute>> verity. That’s why every religious ethics are imminent in order to make pretensions to<<the whole human being>> and make a forming to the all spheres of human action, as well in economics. In the West, by the end of the twentieth century also in economic science appears the cultural-theoretical themes, where point at issue is a question of economic actions about the mental and cognitive prerequisites. The<<cognitive maps>> and <<belief systems>> manage the perceptible structures of the individuals and collective actors and define their imaginations of the reality, which play an important role in the decision making process by economic actors. With such cultural assumptions conditioned<<rational choice model>> shows a certain restriction in economic processes. Turning to the
2018-06-30
∘ Nanuli Arevadze ∘ Nana Bibilashvili ∘
THE CHARACTERISTICS OF THE DEVELOPMENT OF NANOTECHNOLOGY UNDER GLOBALIZATION
Summary In the article, based on the short analysis of the four phases of the Nanotechnology industrial revolutions is underlined that, the term "nanotechnology" was first used by Japanese Noryo Tanyuguchi at the end of the last century (1974), and the primary care of its development began at the end of the XX and at the beginning19th century. The content of the term is explained and the countries are named where nanotechnology intensive studies are underway (developed countries). It is an inter-sectoral discipline that combines physics, chemistry, biology, electronics, medicine and more. There is involved a variety of groups of different directions and countries and scientists. It is suggested that the technologies created by nanotechnology in the most recent years will completely change the way of life of the world. With the help of nanotechnology, many devices which are not in nature will be created and can be successfully used in medicine, electronics, energy and even
2018-06-30
THE CHARACTERISTICS OF THE DEVELOPMENT OF NANOTECHNOLOGY UNDER GLOBALIZATION
Summary In the article, based on the short analysis of the four phases of the Nanotechnology industrial revolutions is underlined that, the term "nanotechnology" was first used by Japanese Noryo Tanyuguchi at the end of the last century (1974), and the primary care of its development began at the end of the XX and at the beginning19th century. The content of the term is explained and the countries are named where nanotechnology intensive studies are underway (developed countries). It is an inter-sectoral discipline that combines physics, chemistry, biology, electronics, medicine and more. There is involved a variety of groups of different directions and countries and scientists. It is suggested that the technologies created by nanotechnology in the most recent years will completely change the way of life of the world. With the help of nanotechnology, many devices which are not in nature will be created and can be successfully used in medicine, electronics, energy and even
2018-06-30
∘ Nataliya Gruschinskaya ∘
Economic potential of collaboration of Ukraine - to Israel. Summary
The article reveals issues of relations between Ukraine and Israel. Economic relations are adjusted depending on the geopolitical processes of the present. The author emphasizes the active pace of development of the Israeli economy and the possibility of using experience for Ukraine. Innovation of the Israeli economy deserves to be studied and used. Particular attention deserves achievements in agriculture, banking, IT technologies. Key words: national economy, bilateral relations Ukraine - Israel, innovations, investments. Introduction Socio-economic development in Israel depends, first of all, on global economic trends, the security situation in the Middle East, and the effectiveness of government action to address social problems. Given the export orientation of the Israeli economy, there is a risk of lower demand for Israeli products due to the volatile situation in the euro area, as well as the imbalance in the growth of US and EU economies, the main trading partners of
2018-06-30
Economic potential of collaboration of Ukraine - to Israel. Summary
The article reveals issues of relations between Ukraine and Israel. Economic relations are adjusted depending on the geopolitical processes of the present. The author emphasizes the active pace of development of the Israeli economy and the possibility of using experience for Ukraine. Innovation of the Israeli economy deserves to be studied and used. Particular attention deserves achievements in agriculture, banking, IT technologies. Key words: national economy, bilateral relations Ukraine - Israel, innovations, investments. Introduction Socio-economic development in Israel depends, first of all, on global economic trends, the security situation in the Middle East, and the effectiveness of government action to address social problems. Given the export orientation of the Israeli economy, there is a risk of lower demand for Israeli products due to the volatile situation in the euro area, as well as the imbalance in the growth of US and EU economies, the main trading partners of
2018-06-30
∘ Ramila Aliyeva ∘
Globalization and its influence on the economy of Azerbaijan
Summary One of key developments of world economy of the 21st century is the progressing globalization – qualitatively new stage in development of internationalization of economic life. There are considered problems of globalization of economies on the example of Azerbaijan in the article. Positive and negative aspects of influence of process of globalization on national economy are analysed, ways and the prospects of development of our country against the background of its accession to the World Trade Organization in the future are considered. Keywords: national economy, economic globalization, upgrade, WTO, strategic road maps of national
2018-06-30
Globalization and its influence on the economy of Azerbaijan
Summary One of key developments of world economy of the 21st century is the progressing globalization – qualitatively new stage in development of internationalization of economic life. There are considered problems of globalization of economies on the example of Azerbaijan in the article. Positive and negative aspects of influence of process of globalization on national economy are analysed, ways and the prospects of development of our country against the background of its accession to the World Trade Organization in the future are considered. Keywords: national economy, economic globalization, upgrade, WTO, strategic road maps of national
2018-06-30
∘ Tamaz Gamsakhurdia ∘ Teimuraz Pestvenidze ∘
SOME ASPECTS OF RATIONAL USE OF RESOURCES IN THE COUNTRY AND THE WELFARE OF THE POPULATION
Summary The paper discusses the most pressing issues in the use of existing resources in the country which play an important role in the welfare of the people. Mistakes made in the country's governing structures have put the country in a deplorable state and created a difficult socio-economic background. Inherited multinational industry and agriculture received from the Soviet power have been destroyed. The work emphasizes the fact that the government has a flexible and intellectual strategy and vision in the governing bodies of the state to refuse the selection and appointment of human resources without interference (nepotism). It is underlined that it is impossible to restore justice in the country. The government should pay special attention to attraction of foreign investments that will be used for the development of the small and medium-sized business for the country, which guarantees the growth and production volume and the employment of human resources. Officials from
2018-06-30
SOME ASPECTS OF RATIONAL USE OF RESOURCES IN THE COUNTRY AND THE WELFARE OF THE POPULATION
Summary The paper discusses the most pressing issues in the use of existing resources in the country which play an important role in the welfare of the people. Mistakes made in the country's governing structures have put the country in a deplorable state and created a difficult socio-economic background. Inherited multinational industry and agriculture received from the Soviet power have been destroyed. The work emphasizes the fact that the government has a flexible and intellectual strategy and vision in the governing bodies of the state to refuse the selection and appointment of human resources without interference (nepotism). It is underlined that it is impossible to restore justice in the country. The government should pay special attention to attraction of foreign investments that will be used for the development of the small and medium-sized business for the country, which guarantees the growth and production volume and the employment of human resources. Officials from
2018-06-30
∘ Alexander Tvalchrelidze ∘ Khatuna Tabagari ∘
Commodity Sector of Iran – Impact to Economic Development
Abstract The article deals with statistical modeling of the primary commodity production impact on Iran’s economy. Iran produces about 30 primary mineral commodities, however only few them have significant impact on the country’s GDP. Statistical modeling consisted in investigation of the quadratic regression equation, which establishes interrelation between the total (aggregated) commodity value and Iran’s GDP. Results of investigation have demonstrated that: the commodity sector annually ensures from 30 to 50% of GDP. Quadratic equation has an exponential character, and this means that further growth in commodity production will have huge impact on economic growth.. Keywords: (Commodity value, GDP, quadratic regression equation, economic development) Introduction Surprisingly, influence of commodities on economy is one of the worst explored problems of the modern economy and economic geology. Only by the end of the recent century a number of publications
2018-06-30
Commodity Sector of Iran – Impact to Economic Development
Abstract The article deals with statistical modeling of the primary commodity production impact on Iran’s economy. Iran produces about 30 primary mineral commodities, however only few them have significant impact on the country’s GDP. Statistical modeling consisted in investigation of the quadratic regression equation, which establishes interrelation between the total (aggregated) commodity value and Iran’s GDP. Results of investigation have demonstrated that: the commodity sector annually ensures from 30 to 50% of GDP. Quadratic equation has an exponential character, and this means that further growth in commodity production will have huge impact on economic growth.. Keywords: (Commodity value, GDP, quadratic regression equation, economic development) Introduction Surprisingly, influence of commodities on economy is one of the worst explored problems of the modern economy and economic geology. Only by the end of the recent century a number of publications
2018-06-30
∘ Volodymyr Kutsenko ∘
BASIC PRINCIPLES OF SOCIAL-ORIENTED OF THE ECONOMIC SYSTEM
Annotation. The third millennium from the Nativity of Christ - of the New Era - the overwhelming majority of mankind from East to West met with hope for better changes in the life of society, realizing that all deception, wickedness cannot be eternal. What was artificially implanted in people, especially in the last two centuries, that money can do everything, has turned into a total collapse. That is, money does not rule the world, as some would like it to be, but its Creator who cares about His creation, providing it with all the necessary spiritual and material benefits both in this world and in eternity. But, when a person puts hope on himself (on his mind, wisdom, strength, image, power, money), he departs from the loving Father and is ruled by evil, which brings human civilization to self-destruction. Thus, the beginning of salvation from evil, crises and bankruptcy through the spiritual and moral revival of mankind is complete social responsibility to People and God, which
2018-06-30
BASIC PRINCIPLES OF SOCIAL-ORIENTED OF THE ECONOMIC SYSTEM
Annotation. The third millennium from the Nativity of Christ - of the New Era - the overwhelming majority of mankind from East to West met with hope for better changes in the life of society, realizing that all deception, wickedness cannot be eternal. What was artificially implanted in people, especially in the last two centuries, that money can do everything, has turned into a total collapse. That is, money does not rule the world, as some would like it to be, but its Creator who cares about His creation, providing it with all the necessary spiritual and material benefits both in this world and in eternity. But, when a person puts hope on himself (on his mind, wisdom, strength, image, power, money), he departs from the loving Father and is ruled by evil, which brings human civilization to self-destruction. Thus, the beginning of salvation from evil, crises and bankruptcy through the spiritual and moral revival of mankind is complete social responsibility to People and God, which
2018-06-30
∘ Nino Mikiashvili ∘
SOME TRAITS OF THE LABOR MARKETS IN SMALL OPEN ECONOMIES IN THE GLOBALIZATION EPOCH
Annotation Free movement of labor resources in terms of globalization is a challenge of the XXI century for small developing countries. The age-sex distribution of active labor resources is changed artificially and forcedly. Therefore, the control of the migration processes is important to avoid mass and long labor flow. Migration currents are more or less common for any country, with certain features in different countries. The economic growth and development need the supply of resources. The countries rich in human capital develop more swiftly and evenly. One of the main components of the success of economically developed countries of the world is the use of an efficient human resource management system in almost all fields of activity. Today, the level of development of each country depends on the readiness of human capital to changes, as well as its skills to create and implement them. The leading role should be played by education and science. Nowadays, the fields of education
2018-06-30
SOME TRAITS OF THE LABOR MARKETS IN SMALL OPEN ECONOMIES IN THE GLOBALIZATION EPOCH
Annotation Free movement of labor resources in terms of globalization is a challenge of the XXI century for small developing countries. The age-sex distribution of active labor resources is changed artificially and forcedly. Therefore, the control of the migration processes is important to avoid mass and long labor flow. Migration currents are more or less common for any country, with certain features in different countries. The economic growth and development need the supply of resources. The countries rich in human capital develop more swiftly and evenly. One of the main components of the success of economically developed countries of the world is the use of an efficient human resource management system in almost all fields of activity. Today, the level of development of each country depends on the readiness of human capital to changes, as well as its skills to create and implement them. The leading role should be played by education and science. Nowadays, the fields of education
2018-06-30
∘ Ilia (Aziko) Sisvadze ∘
OPTIMIZATION OF TAX CARGO TAKING INTO CONSIDERATION THE SCALE EFFECTS AND DELAY
Summary In the paper it is justified that the traditional curve depicting the Lafer law and the corresponding square parabola function can not fully reflect actual fiscal processes. Because of the change in tax rates is characterized by delayed effects, budget tax revenue will rise not at the initial moment, but gradually, and when it comes to 100%, it will also decrease at a slow pace. This attitude is described by different functions in accordance with the scale effect. The function and curve depicting the analytical dependence varies substantially in terms of partial optimization of taxes when it has both maximums and minimum points. Without taking into consideration this factor, is explained the fact that tax reforms based on the Lafer Law can not provide the desired
2018-06-30
OPTIMIZATION OF TAX CARGO TAKING INTO CONSIDERATION THE SCALE EFFECTS AND DELAY
Summary In the paper it is justified that the traditional curve depicting the Lafer law and the corresponding square parabola function can not fully reflect actual fiscal processes. Because of the change in tax rates is characterized by delayed effects, budget tax revenue will rise not at the initial moment, but gradually, and when it comes to 100%, it will also decrease at a slow pace. This attitude is described by different functions in accordance with the scale effect. The function and curve depicting the analytical dependence varies substantially in terms of partial optimization of taxes when it has both maximums and minimum points. Without taking into consideration this factor, is explained the fact that tax reforms based on the Lafer Law can not provide the desired
2018-06-30
∘ Helen Tarasenko ∘
The improvement of the innovative potential structure as the basis for the national economy development
sumapy The essence and structure of innovation potential have been considered in the article. The scientific and theoretical views on the innovation potential structure of the industry have been generalized. The necessity of complementing the innovative potential structure of the branch with the new elements, such as business processes and organizational culture, has been substantiated. The functions peculiar to the industry innovative potential in the process of strategic development of both the industry itself and the national economy as a whole have been determined. Innovation potential, innovation process, business processes, development, innovations The country's economic growth depends to a large extent on innovation, which is possible through the use of domestic innovation potential. Contemporary economic theories interpret innovation as a source of development, however, only if it is effectively and actively used and there is a favorable environment for its
2018-06-30
The improvement of the innovative potential structure as the basis for the national economy development
sumapy The essence and structure of innovation potential have been considered in the article. The scientific and theoretical views on the innovation potential structure of the industry have been generalized. The necessity of complementing the innovative potential structure of the branch with the new elements, such as business processes and organizational culture, has been substantiated. The functions peculiar to the industry innovative potential in the process of strategic development of both the industry itself and the national economy as a whole have been determined. Innovation potential, innovation process, business processes, development, innovations The country's economic growth depends to a large extent on innovation, which is possible through the use of domestic innovation potential. Contemporary economic theories interpret innovation as a source of development, however, only if it is effectively and actively used and there is a favorable environment for its
2018-06-30
∘ Miron Tugushi ∘
Law ,,About Employement“ - Significant Component of Human Resource Management Lagislative Base
SUMMARY During a lot of years, in Georgia, the significant components of Human Resource Managements Lagislative Base were: the Law «About Employement» and « Labour Code». In 2006 by adopting the "Labor Code" the Law of Georgia "About Employment" was declared invalid. Declaration of the above mentioned Law as invalid by adopting the "Labor Code" which caused cancellation of state and regional services of employment in the country was not a correct, adequate decision, which was not derived from the point of improvement of employment and unemployment state in the country. Due to the above mentioned, registration of unemployement, granting the appropriate status of unemployed and preparation and retraining programs has been terminated for unemployed people. Accordingly, factual index of unemployement has been greatly increased
2018-06-30
Law ,,About Employement“ - Significant Component of Human Resource Management Lagislative Base
SUMMARY During a lot of years, in Georgia, the significant components of Human Resource Managements Lagislative Base were: the Law «About Employement» and « Labour Code». In 2006 by adopting the "Labor Code" the Law of Georgia "About Employment" was declared invalid. Declaration of the above mentioned Law as invalid by adopting the "Labor Code" which caused cancellation of state and regional services of employment in the country was not a correct, adequate decision, which was not derived from the point of improvement of employment and unemployment state in the country. Due to the above mentioned, registration of unemployement, granting the appropriate status of unemployed and preparation and retraining programs has been terminated for unemployed people. Accordingly, factual index of unemployement has been greatly increased
2018-06-30
∘ Merab Pkhovelisvili ∘ Mariam Giorgobiani ∘ Natela Archvadze ∘ Gaioz Pkhovelishvili ∘
MODERN FORECASTING MODELS IN ECONOMY
Summary A new approach for business forecasting is discussed in the article. This means usage of parallel data paradigm of programming. Parallel data are different kind of former data, which give us chance to predict an event in dynamic mode. Also, functioning of forecasting process online is being discussed. This method helps us to use super computers not only for original purpose - calculation big amounts, but for processing parallel data online. Supercomputers are computers with a high level of performance, which are used to work with those applications, which require more intense computations. Creation of supercomputers, widespread adoption of cluster systems, connection of computers with each other by means of local and global networks, caused attraction of users to computation process and made possible to perform various tasks. This includes a tasks of economic forecast, simulation of nuclear test, etc. It can be said that supercomputers bring
2018-06-30
MODERN FORECASTING MODELS IN ECONOMY
Summary A new approach for business forecasting is discussed in the article. This means usage of parallel data paradigm of programming. Parallel data are different kind of former data, which give us chance to predict an event in dynamic mode. Also, functioning of forecasting process online is being discussed. This method helps us to use super computers not only for original purpose - calculation big amounts, but for processing parallel data online. Supercomputers are computers with a high level of performance, which are used to work with those applications, which require more intense computations. Creation of supercomputers, widespread adoption of cluster systems, connection of computers with each other by means of local and global networks, caused attraction of users to computation process and made possible to perform various tasks. This includes a tasks of economic forecast, simulation of nuclear test, etc. It can be said that supercomputers bring
2018-06-30
∘ Malkhaz Chikobava ∘ Nazira Kakaulia ∘
THE MODERN GENESIS OF THE CRYPTOCURRENCIES
Summary In the section we are talking only about this aspect of experience, like the creation of alternative money. Today, more and more often we hear such new words as "crypto-currency", "digital money", "virtual currency", "electronic money", "bitcoins", "electronic wallets", "block money", "alternative money", " Network money ", etc. A few years ago a very narrow circle of people used such a lexicon - mathematicians, programmers, specialists in payment and communication systems, cryptographers from banks and special services. New crypto-tools are called "currency", "money". However, this is an obvious exaggeration. The main function of any money is a "measure of value," with the help of money, prices for goods, services, assets, labor, etc. are determined. Even modern official currencies do not perform this function well, because the world has a paper-money standard, and currency rates "walk". Similarly, it is doubtful that the crypto-currency would perform such a monetary
2018-06-30
THE MODERN GENESIS OF THE CRYPTOCURRENCIES
Summary In the section we are talking only about this aspect of experience, like the creation of alternative money. Today, more and more often we hear such new words as "crypto-currency", "digital money", "virtual currency", "electronic money", "bitcoins", "electronic wallets", "block money", "alternative money", " Network money ", etc. A few years ago a very narrow circle of people used such a lexicon - mathematicians, programmers, specialists in payment and communication systems, cryptographers from banks and special services. New crypto-tools are called "currency", "money". However, this is an obvious exaggeration. The main function of any money is a "measure of value," with the help of money, prices for goods, services, assets, labor, etc. are determined. Even modern official currencies do not perform this function well, because the world has a paper-money standard, and currency rates "walk". Similarly, it is doubtful that the crypto-currency would perform such a monetary
2018-06-30
∘ Tina Chkheidze ∘ Ketevan Kveladze ∘
FOR ECOLOGICAL DISASTER PREVENTION
Summary In the article "Ecological Disaster Prevention", the causes of ecological catastrophe are considered, contradictory objectives and aims of ecology and economics are characterized. Anthropogenic factors causing ecological disasters are shown. (Human economic activity). For the prevention of ecological disasters it is recommended that the economy of production be subjected to the ecology re-production requirements, and the ecological damage and the cost of the natural resources inflicted on the ecosystem be indicated during the settlement. Thus, the modern conditions for the use of natural resources require a complete revision of the policy of consumption of resources available at our
2018-06-30
FOR ECOLOGICAL DISASTER PREVENTION
Summary In the article "Ecological Disaster Prevention", the causes of ecological catastrophe are considered, contradictory objectives and aims of ecology and economics are characterized. Anthropogenic factors causing ecological disasters are shown. (Human economic activity). For the prevention of ecological disasters it is recommended that the economy of production be subjected to the ecology re-production requirements, and the ecological damage and the cost of the natural resources inflicted on the ecosystem be indicated during the settlement. Thus, the modern conditions for the use of natural resources require a complete revision of the policy of consumption of resources available at our
2018-06-30
∘ Giorgi Kharshiladze ∘
SOME REVEALS OF MACROECONOMIC INSTABILITY IN THE TRANSITION PERIOD’S GEORGIA
Summary In the article is described the macroeconomic instability in the transition period’s Georgia, specified it’s reasons and elucidated the problem of liberalization, inflation and prices. During the transition phase any country’s peculiarity is its global instability. This determines the macroeconomic problem which should be solved during transition period – that is structural, investment, or technical-technological bases. Urgent solving of this particular issue determines the objectives at the macro levels of economic transformation that faces the country and its institutions. Macroeconomic instability, which has many different forms, has emerged as a result of combination of past and present reforms, of their objective and subjective influences. The preliminary conditions of countries under transition can significantly vary. The difference can be in the degree of macroeconomic instability. The instability can be revealed in budget and foreign trade
2018-06-30
SOME REVEALS OF MACROECONOMIC INSTABILITY IN THE TRANSITION PERIOD’S GEORGIA
Summary In the article is described the macroeconomic instability in the transition period’s Georgia, specified it’s reasons and elucidated the problem of liberalization, inflation and prices. During the transition phase any country’s peculiarity is its global instability. This determines the macroeconomic problem which should be solved during transition period – that is structural, investment, or technical-technological bases. Urgent solving of this particular issue determines the objectives at the macro levels of economic transformation that faces the country and its institutions. Macroeconomic instability, which has many different forms, has emerged as a result of combination of past and present reforms, of their objective and subjective influences. The preliminary conditions of countries under transition can significantly vary. The difference can be in the degree of macroeconomic instability. The instability can be revealed in budget and foreign trade
2018-06-30
∘ Evgeni Baratashvili ∘ Guguli Kurashvili ∘ Irma Maxarashvili-Baratashvili ∘
THE IMPORTANCE OF CREATIVE MANAGEMENT IN MODERN GOVERNANCE ACTIVITY
Summary Economic Science calls on the use of creative management elements, which implies the introduction of non-traditional methods and tools in the management process. Management in general sense - is the activity of human consciousness to achieve the goals set for joint labor organizations. It is important to understand that management is an instrument for achieving objectives by using other people's labor, intellectual and behavioral abilities. Creative management, as the type of management as well as the type of scientifically proven management instrument, is used as a tool for strategic development purposes in continuing emergency and crisis situations; Especially in the situations when it is necessary to save or advance existing potential or find new ways for achieving competitiveness of the enterprise on the market segment. We must confess that the most important strategic direction of the governing science is a creative management.
2018-06-30
THE IMPORTANCE OF CREATIVE MANAGEMENT IN MODERN GOVERNANCE ACTIVITY
Summary Economic Science calls on the use of creative management elements, which implies the introduction of non-traditional methods and tools in the management process. Management in general sense - is the activity of human consciousness to achieve the goals set for joint labor organizations. It is important to understand that management is an instrument for achieving objectives by using other people's labor, intellectual and behavioral abilities. Creative management, as the type of management as well as the type of scientifically proven management instrument, is used as a tool for strategic development purposes in continuing emergency and crisis situations; Especially in the situations when it is necessary to save or advance existing potential or find new ways for achieving competitiveness of the enterprise on the market segment. We must confess that the most important strategic direction of the governing science is a creative management.
2018-06-30
∘ Lia Bibilashvili ∘ Ekaterine Apkhaidze ∘
RISK MANAGEMENT NECESSITYIN A COMPANY
Summary Risk management is essential part of any economic process, as risk affects person’s attitude to a company income. Risk management aims to actively control threats affecting a person or a company. It implements a reduction of the loss caused by different risks and catastrophic outcomes. The more unexpectable the risk is, the more recourses it need to be avoided and the more we know about the risks, the more possibilities there are to deal with them. The effective means of avoiding risks and losses are: risk management and insurance. Risk management represents the unity of activities used for risks avoidance or reducing. Risk management requires lots of expenses and that is why it is mainly affordable for huge companies and according to their experience, any of the companies, no matter what size they are, are able to implement certain elements of this system. More correctly, to separate out the main risks and put risk reducing
2018-06-30
RISK MANAGEMENT NECESSITYIN A COMPANY
Summary Risk management is essential part of any economic process, as risk affects person’s attitude to a company income. Risk management aims to actively control threats affecting a person or a company. It implements a reduction of the loss caused by different risks and catastrophic outcomes. The more unexpectable the risk is, the more recourses it need to be avoided and the more we know about the risks, the more possibilities there are to deal with them. The effective means of avoiding risks and losses are: risk management and insurance. Risk management represents the unity of activities used for risks avoidance or reducing. Risk management requires lots of expenses and that is why it is mainly affordable for huge companies and according to their experience, any of the companies, no matter what size they are, are able to implement certain elements of this system. More correctly, to separate out the main risks and put risk reducing
2018-06-30
∘ Besik Bolkvadze ∘
THE ROLE OF CORPORATE REPORTING IN FORMATION AND DEVELOPMENT OF FINANCIAL BENCHMARKING SYSTEM
Summary One of the most important requirements of Association Agreement with Europe Union is the arrangement of corporate management (including financial reporting) system and achievement of harmonization with the relevant Euro Directives for which some basic reforms were held, namely, the new law is adopted, the regulator entity is formed, normative acts were worked out, etc. The paper gives the scientific evidence of inevitability of elaboration such statistical-analytical tool as financial benchmarking based on proper analyses. According the author the acting legislation about financial reporting is focused on the following approaches: 1. The differentiation of financial reporting in terms of categories of companies size; 2. Introducing of managerial reporting system; 3. Enhancement of control of audit quality; 4. Transparency of reporting system; 5. Accordance of financial reporting with standards. The paper refers to the most important issues of the country’s corporate
2018-06-30
THE ROLE OF CORPORATE REPORTING IN FORMATION AND DEVELOPMENT OF FINANCIAL BENCHMARKING SYSTEM
Summary One of the most important requirements of Association Agreement with Europe Union is the arrangement of corporate management (including financial reporting) system and achievement of harmonization with the relevant Euro Directives for which some basic reforms were held, namely, the new law is adopted, the regulator entity is formed, normative acts were worked out, etc. The paper gives the scientific evidence of inevitability of elaboration such statistical-analytical tool as financial benchmarking based on proper analyses. According the author the acting legislation about financial reporting is focused on the following approaches: 1. The differentiation of financial reporting in terms of categories of companies size; 2. Introducing of managerial reporting system; 3. Enhancement of control of audit quality; 4. Transparency of reporting system; 5. Accordance of financial reporting with standards. The paper refers to the most important issues of the country’s corporate
2018-06-30
∘ Tariyel Musallim Gurbanov ∘ Tabriz Abdulla Yadigarov ∘
Evaluation of the impact of cycles on the sustainability of economic development by using the Domar model
Summary The problem is economical, as it is reflected in the whole picture, which is one of the key economic spheres. The economic relationship is a strong link with the GDP and good quality of the GDP, as well as the factors that drive its production. Economic policy, given by economic growth, determines the cyclical development of each country, creating conditions for stabilization, stagnation and economic growth. The economic rarity is usually judged by the yearly rate of interest that is quoted in interest rates on interest rates. The key economic benefits of macroeconomic benefits for GDPs or national income, as well as domestic demand, are reflected in the rapidly growing rates for domestic producers of goods and services. The acquisition of economical roots has undoubtedly led to the development of its model. One of the models of the economic model is considering Domara. In addition to modeling models, the model looks at just how much investment is going to be, but as the
2018-06-30
Evaluation of the impact of cycles on the sustainability of economic development by using the Domar model
Summary The problem is economical, as it is reflected in the whole picture, which is one of the key economic spheres. The economic relationship is a strong link with the GDP and good quality of the GDP, as well as the factors that drive its production. Economic policy, given by economic growth, determines the cyclical development of each country, creating conditions for stabilization, stagnation and economic growth. The economic rarity is usually judged by the yearly rate of interest that is quoted in interest rates on interest rates. The key economic benefits of macroeconomic benefits for GDPs or national income, as well as domestic demand, are reflected in the rapidly growing rates for domestic producers of goods and services. The acquisition of economical roots has undoubtedly led to the development of its model. One of the models of the economic model is considering Domara. In addition to modeling models, the model looks at just how much investment is going to be, but as the
2018-06-30
∘ Tamar Devidze ∘ Maia Kapanadze ∘
SMALL AND MEDIUM SIZE BUSINESS PROBLEMS AND THE WAYS TO SOLVE THEM IN GEORGIA
Summary Small entrepreneurship, with its socio-economic functions, became an independent form of business in the national legislation of the absolute majority of industrialized countries. The dynamics of small enterprises' development depends largely on the state (as its various government structures) and the nature of small business interaction The government should make some changes in the existing policies of small businesses, and this attitude should include gradual, accelerated implementation of small business support through gradual changes. Small business promotion policy should be based on the specificity of each stage of economic development, based on the socio-economic situation created in the country. The good will of the state would be to adopt a new law on "Small Business", which will determine the real status of small business and regulate all legal issues. A new legislative base would be desirable to develop a strategy for promoting the country's small business
2018-06-30
SMALL AND MEDIUM SIZE BUSINESS PROBLEMS AND THE WAYS TO SOLVE THEM IN GEORGIA
Summary Small entrepreneurship, with its socio-economic functions, became an independent form of business in the national legislation of the absolute majority of industrialized countries. The dynamics of small enterprises' development depends largely on the state (as its various government structures) and the nature of small business interaction The government should make some changes in the existing policies of small businesses, and this attitude should include gradual, accelerated implementation of small business support through gradual changes. Small business promotion policy should be based on the specificity of each stage of economic development, based on the socio-economic situation created in the country. The good will of the state would be to adopt a new law on "Small Business", which will determine the real status of small business and regulate all legal issues. A new legislative base would be desirable to develop a strategy for promoting the country's small business
2018-06-30
∘ Lia Totladze ∘ Mamuka Khuskivadze ∘
Determinants of House Prices: Theoretical Model and Empirical Results
Abstract This article introduces some factors that play a significant role in moving the real estate market. Although some of these factors suggest a theoretical relationship between the factors and the market, in practice, the relationship might be very different. We analyze factors that drive the real estate market. The paper studies the determinants of house prices for transition economies. House price model explain how the fundamental determinants of house prices, such as GDP per capita, real interest rates, housing credit and demographic factors, have driven house prices. The paper also discusses the aspects of dynamics of house prices in Georgia. The system of leading economic indicators, first developed by the National Bureau of Economic Research (NBER), has been widely used in the United States to appraise the state of the business cycle. The Organization for Economic Cooperation and Development (OECD) set up a working party to develop this type of analysis and
2018-06-30
Determinants of House Prices: Theoretical Model and Empirical Results
Abstract This article introduces some factors that play a significant role in moving the real estate market. Although some of these factors suggest a theoretical relationship between the factors and the market, in practice, the relationship might be very different. We analyze factors that drive the real estate market. The paper studies the determinants of house prices for transition economies. House price model explain how the fundamental determinants of house prices, such as GDP per capita, real interest rates, housing credit and demographic factors, have driven house prices. The paper also discusses the aspects of dynamics of house prices in Georgia. The system of leading economic indicators, first developed by the National Bureau of Economic Research (NBER), has been widely used in the United States to appraise the state of the business cycle. The Organization for Economic Cooperation and Development (OECD) set up a working party to develop this type of analysis and
2018-06-30
∘ Eter Kakulia ∘
Modern Trends in Small Business Development in Developed Countries
Resume The paper covers the issues of small business development trends in the world’s developed countries. The paper deals with the importance, ability and nature of small businesses. The innovative nature of small business and its high efficiency in innovations conditioned the fact that the developed countries of the European Union and the world as well as the state and private (large enterprises) sector today pay the special attention to the support of innovative small businesses. Small, medium and large business symbiosis - "cluster" and its three species is studied. One of the driving forces of innovative small business today in developed countries are "Clusters". "Clusters" make more innovations in a certain period of time in economics than small enterprises operating independently. "Cluster" - are economically closely related and linked firms that are closely located to each other, thus promoting each other's development and competitiveness. These are
2018-06-30
Modern Trends in Small Business Development in Developed Countries
Resume The paper covers the issues of small business development trends in the world’s developed countries. The paper deals with the importance, ability and nature of small businesses. The innovative nature of small business and its high efficiency in innovations conditioned the fact that the developed countries of the European Union and the world as well as the state and private (large enterprises) sector today pay the special attention to the support of innovative small businesses. Small, medium and large business symbiosis - "cluster" and its three species is studied. One of the driving forces of innovative small business today in developed countries are "Clusters". "Clusters" make more innovations in a certain period of time in economics than small enterprises operating independently. "Cluster" - are economically closely related and linked firms that are closely located to each other, thus promoting each other's development and competitiveness. These are
2018-06-30
∘ Elguja Konjaria ∘
THE MAIN POINT OF BANKRUPTCY OF ENTERPRISE, FINANCIAL DIFFICULTIES AND ITS RESULTS
Summary Under the conditions of market economies, for the proper functioning of an enterprise the special role plays handling agricultural resources and regulation of modern forms. The importance of above mentioned is proved by the typical systemic crisis caused in transitional period. This first of all is revealed in stagnation of production sphere and massive bankrupted of enterprise. Above mentioned problem can not be solved by the liquidation of enterprises having financial difficulties, those which were not able to adapt to new economic environment. This can lead to destruction of economic potential and
2018-06-30
THE MAIN POINT OF BANKRUPTCY OF ENTERPRISE, FINANCIAL DIFFICULTIES AND ITS RESULTS
Summary Under the conditions of market economies, for the proper functioning of an enterprise the special role plays handling agricultural resources and regulation of modern forms. The importance of above mentioned is proved by the typical systemic crisis caused in transitional period. This first of all is revealed in stagnation of production sphere and massive bankrupted of enterprise. Above mentioned problem can not be solved by the liquidation of enterprises having financial difficulties, those which were not able to adapt to new economic environment. This can lead to destruction of economic potential and
2018-06-30
∘ Ioseb Masurashvili ∘ Giga Kikoria ∘ Vladimer Zekalashvili ∘
FORECASTING METHODSOFTECHNOLOGICAL BUSINESS DEVELOPMENT
Summary The existence of objective laws in the world of science, technology makes it possible to compile fairly accurate forecasts of their future development. A class of statistical, or factographic, prediction methods uses different statistical models based on the analysis of quantitative characteristics of forecasting objects, which are the information basis for the development process forecasts. This factual information about the object is a collection of numerical data characterizing the state object prediction at different points in time. The development of methods for recording, describing and analyzing statistical data obtained as a result of observing mass random events constitutes subject of special science - mathematical statistics. Statistical methods of forecasting use the apparatus of mathematical statistics, probability theory and the law of large numbers, which If the sample is large enough and selected randomly, then in it the regularity of the whole population is
2018-06-30
FORECASTING METHODSOFTECHNOLOGICAL BUSINESS DEVELOPMENT
Summary The existence of objective laws in the world of science, technology makes it possible to compile fairly accurate forecasts of their future development. A class of statistical, or factographic, prediction methods uses different statistical models based on the analysis of quantitative characteristics of forecasting objects, which are the information basis for the development process forecasts. This factual information about the object is a collection of numerical data characterizing the state object prediction at different points in time. The development of methods for recording, describing and analyzing statistical data obtained as a result of observing mass random events constitutes subject of special science - mathematical statistics. Statistical methods of forecasting use the apparatus of mathematical statistics, probability theory and the law of large numbers, which If the sample is large enough and selected randomly, then in it the regularity of the whole population is
2018-06-30
∘ Tamar Rostiashvili ∘ Pikria Kirkitadze ∘
ORGANIZATIONAL-ADMINISTRATIVE MANAGEMENT METHODS IN SMALL BUSINESS
Throughout human history (before a highly developed industrial production) in the era of the great thinkers HR management issuer was a subject of discussion, however, the process of realistic vision basis emerged from some circumstances, to achieve the overall aims of the joint life period, which had begun in Antic era as far. The history of the idea of human resource management in the world's leading countries and the current state of managing theory and practice of personality, the problems caused by the formation of an effective human resource management system are deeply interconnected. With the development of the economy, management of production and management of people, their work become increasingly important. However, by the end of the 19th century and early XX century scientific management and, moreover, the basis for personnel management did not exist. Management of the economy is considered as a deliberate impact on people, and the establishment of relationships
2018-06-30
ORGANIZATIONAL-ADMINISTRATIVE MANAGEMENT METHODS IN SMALL BUSINESS
Throughout human history (before a highly developed industrial production) in the era of the great thinkers HR management issuer was a subject of discussion, however, the process of realistic vision basis emerged from some circumstances, to achieve the overall aims of the joint life period, which had begun in Antic era as far. The history of the idea of human resource management in the world's leading countries and the current state of managing theory and practice of personality, the problems caused by the formation of an effective human resource management system are deeply interconnected. With the development of the economy, management of production and management of people, their work become increasingly important. However, by the end of the 19th century and early XX century scientific management and, moreover, the basis for personnel management did not exist. Management of the economy is considered as a deliberate impact on people, and the establishment of relationships
2018-06-30
∘ Olga Pachulia ∘
THE INFLUENCE OF LEADERSHIP STYLE ON CONFLICT MANAGEMENT IN THE CONDITIONS OF ORGANIZATIONAL CHANGES
Summary The conflict source can be contradictions towards changes. People often contradict changes beacause they perceive it as a threat. Perception, individuality and sutures effect on changes contradiction. Unknown situations causes different reaction of people, included panic and strong stress. First reaction on changes of most people is misunderstanding and non accapting the novelty, which is followed step by step adaptations stage of idea, sometimes even full non eccaptance, strong contradictions and even decomposition of the process. The conflict can be destructive for the first glance and constractive in the other point of view, it can play negative role in the stage of development in some circumstances and pozitive role in another stage and another situation. In order to handle conflicts effectively in the conditions of organizational changes, the following are essential to do: communication with employee, explanations, that
2018-06-30
THE INFLUENCE OF LEADERSHIP STYLE ON CONFLICT MANAGEMENT IN THE CONDITIONS OF ORGANIZATIONAL CHANGES
Summary The conflict source can be contradictions towards changes. People often contradict changes beacause they perceive it as a threat. Perception, individuality and sutures effect on changes contradiction. Unknown situations causes different reaction of people, included panic and strong stress. First reaction on changes of most people is misunderstanding and non accapting the novelty, which is followed step by step adaptations stage of idea, sometimes even full non eccaptance, strong contradictions and even decomposition of the process. The conflict can be destructive for the first glance and constractive in the other point of view, it can play negative role in the stage of development in some circumstances and pozitive role in another stage and another situation. In order to handle conflicts effectively in the conditions of organizational changes, the following are essential to do: communication with employee, explanations, that
2018-06-30
∘ Lali Chagelishvili-Agladze ∘ Koba Chagelishvili ∘
Marketing Aspects of Crisis Management in Modern Companies
Summary In the last decade, the need for management of knowledge-based crises is increasing in the modern companies. The widest invasion of innovative economics in the lives of companies has increased the scope of competition and slowly decreases the life cycle of companies that do not break the news or misrepresent the change. The purpose of the present work is to discuss the nature of the crisis, the nature of the changes, and the need to make changes in them. Significant emphasis is placed on the marketing aspect of crisis management, and the authors offer a marketing management concept of crisis management. On the basis of statistical analysis, the effectiveness of the proposed concept is substantiated by the end of the work. Key Words: Crisis Management; Organizational Changes; Marketing Psychology;
2018-06-30
Marketing Aspects of Crisis Management in Modern Companies
Summary In the last decade, the need for management of knowledge-based crises is increasing in the modern companies. The widest invasion of innovative economics in the lives of companies has increased the scope of competition and slowly decreases the life cycle of companies that do not break the news or misrepresent the change. The purpose of the present work is to discuss the nature of the crisis, the nature of the changes, and the need to make changes in them. Significant emphasis is placed on the marketing aspect of crisis management, and the authors offer a marketing management concept of crisis management. On the basis of statistical analysis, the effectiveness of the proposed concept is substantiated by the end of the work. Key Words: Crisis Management; Organizational Changes; Marketing Psychology;
2018-06-30
∘ Maia Kapanadze ∘ Giorgi Chincharauli ∘
THE EFFECTIVENESS OF PRODUCTION COSTS
Summary The paper deals with private and public expenses of production. Indicates the effectiveness of these costs. The difficulties are analyzed in determining efficiency of the production and supply of public products. It has been proved that the costs and efficiency of production in Georgia have not been properly studied yet. The state economic policy has not been developed in this direction yet, which would facilitate the efficiency of production costs and improvement of public well-being. It is well known that an oligopoly has a dominant strategy - it is concerned with its own interests only and that affects other areas. In order to avoid undesirable results of an oligopoly activity state regulation is needed. In this case, competition in the oligopoly should be protected. The relevant legislation should be adopted which will legitimize: prohibition of the monopolistic condition of oligopolic, the restriction of competition limitation, etc. Keywords: production costs,
2018-06-30
THE EFFECTIVENESS OF PRODUCTION COSTS
Summary The paper deals with private and public expenses of production. Indicates the effectiveness of these costs. The difficulties are analyzed in determining efficiency of the production and supply of public products. It has been proved that the costs and efficiency of production in Georgia have not been properly studied yet. The state economic policy has not been developed in this direction yet, which would facilitate the efficiency of production costs and improvement of public well-being. It is well known that an oligopoly has a dominant strategy - it is concerned with its own interests only and that affects other areas. In order to avoid undesirable results of an oligopoly activity state regulation is needed. In this case, competition in the oligopoly should be protected. The relevant legislation should be adopted which will legitimize: prohibition of the monopolistic condition of oligopolic, the restriction of competition limitation, etc. Keywords: production costs,
2018-06-30
∘ Lina Datunashvili ∘
MODERN TENDENCIES OF AGRICULTURAL DEVELOPMENT IN THE WORLD ECONOMY
Summary The article deals with the essence of world agriculture and world economy; a range of agricultural features is studied the influence of which significantly defines the development of planting (cereals, technical crops, vegetable, fruit-growing, fodder crops etc.) and livestock (cattle-breeding, pig-breeding, sheep-breeding, poultry, etc.) sectors and subsectors. According to geographical location and thermal belt the article analyzes different levels of agricultural development in all five territorial zones of the earth. Agricultural farming of developed has been studied according to the development level of the sector, where the intensification level is high by using the latest methods of production mechanization, biotechnology and selection; consumer agriculture of developing countries is characterized by law productivity, extensivity of development, law level of specialization and others. The article emphasizes the significant
2018-06-30
MODERN TENDENCIES OF AGRICULTURAL DEVELOPMENT IN THE WORLD ECONOMY
Summary The article deals with the essence of world agriculture and world economy; a range of agricultural features is studied the influence of which significantly defines the development of planting (cereals, technical crops, vegetable, fruit-growing, fodder crops etc.) and livestock (cattle-breeding, pig-breeding, sheep-breeding, poultry, etc.) sectors and subsectors. According to geographical location and thermal belt the article analyzes different levels of agricultural development in all five territorial zones of the earth. Agricultural farming of developed has been studied according to the development level of the sector, where the intensification level is high by using the latest methods of production mechanization, biotechnology and selection; consumer agriculture of developing countries is characterized by law productivity, extensivity of development, law level of specialization and others. The article emphasizes the significant
2018-06-30
∘ Nana Kirvalidze ∘ Sofio Macharashvili ∘
DEVELOPMENT PERSPECTIVES OF NONALKOHOLIC DRINKS AND MINERAL WATER MARKET IN GEORGIA
Summary The arctile touches upon nonalcoholic drinks and mineral water market: production dynamics the structure of assortiments stucture of costof production, priceing export and import tendencies, the number of enterprises. It is noticed that leader companies use natural materials to prepare nonalcohol drinks. Because of that in the cost price of production 70% are expenses on materials, and mineral waters unique by their medical features. Nonalcohol drink and mineral water export is 4,1-5,8 of whole export in Georgia. Nonalcoholic drinks and mineral water consumption has tendencies of growth due to use of tourist industry; 60-63% by is occupied coca cola and pepsy production 40% − lemonade. Article examines all age group consumers results inquiry, outhors also discuss nonalcoholic drinks and mineral water market
2018-06-30
DEVELOPMENT PERSPECTIVES OF NONALKOHOLIC DRINKS AND MINERAL WATER MARKET IN GEORGIA
Summary The arctile touches upon nonalcoholic drinks and mineral water market: production dynamics the structure of assortiments stucture of costof production, priceing export and import tendencies, the number of enterprises. It is noticed that leader companies use natural materials to prepare nonalcohol drinks. Because of that in the cost price of production 70% are expenses on materials, and mineral waters unique by their medical features. Nonalcohol drink and mineral water export is 4,1-5,8 of whole export in Georgia. Nonalcoholic drinks and mineral water consumption has tendencies of growth due to use of tourist industry; 60-63% by is occupied coca cola and pepsy production 40% − lemonade. Article examines all age group consumers results inquiry, outhors also discuss nonalcoholic drinks and mineral water market
2018-06-30
∘ Leila Mamulashvili ∘ Maka Sosanidze ∘
THE ECONOMIC SITUATION OF THE SHIDA KARTLI REGION AND THE PROBLEMS OF ITS DEVELOPMENT
Summary The period after the achievement of Georgia's political independence to the present day was politically and economically difficult and contradictory. Its economy was far from the basic parameters of safe development.Georgia is far behind the countries of Eastern Europe, the Baltics and the CIS. At present, the level of economic development of Georgia is far from desired. In the country, low is business activity, high is unemployment, inflation increases, and the national currency is depreciated. Inflation and the growth of consumer prices are a key factor in the deterioration of the level and quality of life of the population. All this affects the regional development of the country. The article shows the economic situation of the Shida Kartli region and the problems of its development. Shida Kartli is a historical and geographical province and consists of the central part of Shida Kartli. As a result of the ethnic and political conflicts that arose in the early
2018-06-30
THE ECONOMIC SITUATION OF THE SHIDA KARTLI REGION AND THE PROBLEMS OF ITS DEVELOPMENT
Summary The period after the achievement of Georgia's political independence to the present day was politically and economically difficult and contradictory. Its economy was far from the basic parameters of safe development.Georgia is far behind the countries of Eastern Europe, the Baltics and the CIS. At present, the level of economic development of Georgia is far from desired. In the country, low is business activity, high is unemployment, inflation increases, and the national currency is depreciated. Inflation and the growth of consumer prices are a key factor in the deterioration of the level and quality of life of the population. All this affects the regional development of the country. The article shows the economic situation of the Shida Kartli region and the problems of its development. Shida Kartli is a historical and geographical province and consists of the central part of Shida Kartli. As a result of the ethnic and political conflicts that arose in the early
2018-06-30
∘ Medea Melashvili ∘ Nunu Kistauri ∘ Ketevan Kveladze ∘
THE BEST EDUCATIONAL SYSTEMS IN THE WORLD AND MODERN TRENDS IN THEIR DEVELOPMENT
Resume Successful education system is the basis of the innovative development of any country. In recent years, Finland and South Korea occupy the positions of leaders in many international ratings of the world education system research. Educational systems established in these two countries differ significantly from each other. In South Korea, the main emphasis is placed on the student's studies directly at school. This is achieved by maximizing the time in the class. In addition, most of South Korean students go to private schools and tutors. The approach in Finland is different. The main principle of teaching here is to help the learner to understand the material in order to make it easier in future to use in the life i.e, the main thing here is to study and not learn. Consequently, pupils spend less time in classrooms and most of the time is devoted to non-class practical work. The South Korean model is strict, it requires hard work. Coreans themselves sometimes refer to it as
2018-06-30
THE BEST EDUCATIONAL SYSTEMS IN THE WORLD AND MODERN TRENDS IN THEIR DEVELOPMENT
Resume Successful education system is the basis of the innovative development of any country. In recent years, Finland and South Korea occupy the positions of leaders in many international ratings of the world education system research. Educational systems established in these two countries differ significantly from each other. In South Korea, the main emphasis is placed on the student's studies directly at school. This is achieved by maximizing the time in the class. In addition, most of South Korean students go to private schools and tutors. The approach in Finland is different. The main principle of teaching here is to help the learner to understand the material in order to make it easier in future to use in the life i.e, the main thing here is to study and not learn. Consequently, pupils spend less time in classrooms and most of the time is devoted to non-class practical work. The South Korean model is strict, it requires hard work. Coreans themselves sometimes refer to it as
2018-06-30
∘ Zurab Nozadze ∘
THE IMPORTANCE AND ROLE OF "GREEN ECONOMY" IN SUSTAINABLE ECONOMIC DEVELOPMENT
Summary The article discusses the essence and prerequisites of the "green economy", the meaning of "green economy" in the development of the country's sustainable economy. The specific proposals and recommendations are analyzed which will make the country’s economy more competitive and more
2018-06-30
THE IMPORTANCE AND ROLE OF "GREEN ECONOMY" IN SUSTAINABLE ECONOMIC DEVELOPMENT
Summary The article discusses the essence and prerequisites of the "green economy", the meaning of "green economy" in the development of the country's sustainable economy. The specific proposals and recommendations are analyzed which will make the country’s economy more competitive and more
2018-06-30
∘ Tengiz Kavtaradze ∘
MODERN TRENDS OF VITICULTURE DEVELOPMENT
Summary In study of viticulture is one of the main sources of material strength of Georgian people. According to the vineyards, Georgia was in the 5th place among the former Soviet republics and its area was 146 thousand hectares. In Georgia, 10-14% of former Soviet Union vineyards were planted and 9-10% of grapes were produced There are now about 4 thousand grape varieties in the world, including 500 Georgians. In the standard assortment of Georgia, there were 41 varieties, 27 of which were 27 types of wine. 96-97% of the crop obtained from the whole area was used for processing and 34% − tables. In Georgia, local varieties of wine vines are more common: Rkatsiteli - 55%, Tsolikauri - 10,2%, Chinuri - 7%, Saperavi - 4%, Kakheti Green - 3.3%, Goruli Green - 2.1%. The rest of the varieties are grown on small areas. However, the development of local unique varieties does not prohibite, but is scientifically justified, to use new varieties, even from abroad, which will be
2018-06-30
MODERN TRENDS OF VITICULTURE DEVELOPMENT
Summary In study of viticulture is one of the main sources of material strength of Georgian people. According to the vineyards, Georgia was in the 5th place among the former Soviet republics and its area was 146 thousand hectares. In Georgia, 10-14% of former Soviet Union vineyards were planted and 9-10% of grapes were produced There are now about 4 thousand grape varieties in the world, including 500 Georgians. In the standard assortment of Georgia, there were 41 varieties, 27 of which were 27 types of wine. 96-97% of the crop obtained from the whole area was used for processing and 34% − tables. In Georgia, local varieties of wine vines are more common: Rkatsiteli - 55%, Tsolikauri - 10,2%, Chinuri - 7%, Saperavi - 4%, Kakheti Green - 3.3%, Goruli Green - 2.1%. The rest of the varieties are grown on small areas. However, the development of local unique varieties does not prohibite, but is scientifically justified, to use new varieties, even from abroad, which will be
2018-06-30
∘ Giuli Keshelashvili ∘
ROLE OF AGRICULTURAL COOPERATIVES IN THE VALUE CHAIN MANAGEMENT
Summary Work offers discussion of the issues of value chain management and development in agribusiness. In particular, based on the study of business entities in Georgia it analyzes and assesses the process of value chain formation and role of the involved stakeholders that increase the product value for the consumers through organized cooperation. Value chain connects the raw material producers, middlemen, processing enterprises, sales markets, service providers and different parties, whose activities promote competitiveness of one another at marketplace and its maintenance through introduction of innovations in the processes of value chain. Value chain management is the instrument of strategic business analysis and planning that is used for coordination of the value chain components and resources. Effective management of value chain directly affects profitability of the involved stakeholders and satisfaction of consumers. The work demonstrates the main challenges hindering
2018-06-30
ROLE OF AGRICULTURAL COOPERATIVES IN THE VALUE CHAIN MANAGEMENT
Summary Work offers discussion of the issues of value chain management and development in agribusiness. In particular, based on the study of business entities in Georgia it analyzes and assesses the process of value chain formation and role of the involved stakeholders that increase the product value for the consumers through organized cooperation. Value chain connects the raw material producers, middlemen, processing enterprises, sales markets, service providers and different parties, whose activities promote competitiveness of one another at marketplace and its maintenance through introduction of innovations in the processes of value chain. Value chain management is the instrument of strategic business analysis and planning that is used for coordination of the value chain components and resources. Effective management of value chain directly affects profitability of the involved stakeholders and satisfaction of consumers. The work demonstrates the main challenges hindering
2018-06-30
∘ Medea Melashvili ∘ Nunu Kistauri ∘ Ketevan Kveladze ∘
MODERN TRENDS IN TOURISM DEVELOPMENT
Summary The article discusses modern trends of tourism, as modern trends of economic development, reflecting the real picture of current state of development of tourism field. Over the last decades, the tourism industry is constantly expanding, diversifying and remains one of the fastest growing field in the world, and international arrivals are close to 1 billion. In different periods, despite some economic fluctuations, the share of tourism in the world economy continues to grow. There are also discussed positive and negative sides of modern trends. In recent years, the world has a tendency to increase the number of travelers in neighboring safe countries in comparison to distant countries. Some experts explain this as a threat to terrorism in the world, and others connect the growth of tours because of smaller sections of vacation. This tendency should be taken into account when forming state policy. There is also an uneven distribution of international tourist flows in
2018-06-30
MODERN TRENDS IN TOURISM DEVELOPMENT
Summary The article discusses modern trends of tourism, as modern trends of economic development, reflecting the real picture of current state of development of tourism field. Over the last decades, the tourism industry is constantly expanding, diversifying and remains one of the fastest growing field in the world, and international arrivals are close to 1 billion. In different periods, despite some economic fluctuations, the share of tourism in the world economy continues to grow. There are also discussed positive and negative sides of modern trends. In recent years, the world has a tendency to increase the number of travelers in neighboring safe countries in comparison to distant countries. Some experts explain this as a threat to terrorism in the world, and others connect the growth of tours because of smaller sections of vacation. This tendency should be taken into account when forming state policy. There is also an uneven distribution of international tourist flows in
2018-06-30
∘ Tsira Tsetskhladze ∘ Marika Bolkvadze ∘ Levan Tsetskhladze ∘
TOURIST POTENTIAL OF THE MOUNTAIN REGIONOF AJARA
Summary As we have noted, creating its own powerful economic potential and further development is one of the key issues for the independent country. In the economic growth process, special importance is given to the development of the service sector, since many socio-economic problems (such as: employment, increasing revenue etc ) depends on it. Along with many other problems, it is one of the most important, since the unused potential in this field is quite large in our country. That is why tourism development is a very important issue for the country, especially if the country is rich in the cultural heritage and natural resources. Georgia has always been in the centre of attantion, and even nowadays a lot of tourists visit our country. The advantage of our region can be based on the development of tourism in the mountain zone. Mountain region in Georgia and in particular in Ajara is untapped by both Georgian and foreign tourists. In this regard, the tourism market is
2018-06-30
TOURIST POTENTIAL OF THE MOUNTAIN REGIONOF AJARA
Summary As we have noted, creating its own powerful economic potential and further development is one of the key issues for the independent country. In the economic growth process, special importance is given to the development of the service sector, since many socio-economic problems (such as: employment, increasing revenue etc ) depends on it. Along with many other problems, it is one of the most important, since the unused potential in this field is quite large in our country. That is why tourism development is a very important issue for the country, especially if the country is rich in the cultural heritage and natural resources. Georgia has always been in the centre of attantion, and even nowadays a lot of tourists visit our country. The advantage of our region can be based on the development of tourism in the mountain zone. Mountain region in Georgia and in particular in Ajara is untapped by both Georgian and foreign tourists. In this regard, the tourism market is
2018-06-30
∘ Tsira Tsetskhladze ∘ Ketevan Zoidze ∘
ROLE OF MARKETING IN TOURISM SECTOR
Summary In the work tourism is discussed as inter-sectoral complex which plays dual, productive and non-productive function. Tourism sector multiplication effect is proved which enables to equal the economic development level in regions of country. Tourism is discussed as rapidly invested sector, which supports the improvement of existing social and economic condition. Important attention is driven to the role and significance of marketing in tourism sector as the marketing is the right tool for delivering service to the customer in a right and effective way; Also, the tourism-recreational potential in the country requires proper marketing vision in the business-service area in order to satisfy the needs of consumers. Since the marketing focuses on consumer forms, stimulation and sales expansion, the marketing area is very close and necessary direction for tourism industry especially the "service marketing", as this direction provides service organization and delivering it to the
2018-06-30
ROLE OF MARKETING IN TOURISM SECTOR
Summary In the work tourism is discussed as inter-sectoral complex which plays dual, productive and non-productive function. Tourism sector multiplication effect is proved which enables to equal the economic development level in regions of country. Tourism is discussed as rapidly invested sector, which supports the improvement of existing social and economic condition. Important attention is driven to the role and significance of marketing in tourism sector as the marketing is the right tool for delivering service to the customer in a right and effective way; Also, the tourism-recreational potential in the country requires proper marketing vision in the business-service area in order to satisfy the needs of consumers. Since the marketing focuses on consumer forms, stimulation and sales expansion, the marketing area is very close and necessary direction for tourism industry especially the "service marketing", as this direction provides service organization and delivering it to the
2018-06-30
∘ Lia Charekishvili ∘
ANALYSIS OF MAIN STATISTICAL DATA ON CONDITION OF EDUCATION IN GEORGIA
Over the decades the discussion on education system is criticism of ongoing reforms, however, nobody notes that this is the area that can not be easily transformed, and several generations have to go through complex, "experimental" processes until will be finalised. In addition, the processes are irreversible and are constantly in the process of renewal. The process is painful, especially when the outcome is not instantaneous. In order to characterize the ongoing processes in the field of education, Geostat has been continuously improving the statistical survey questionnaires by the recommendation of UNESCO Institute of Statistics and other international organizations. The IT system implemented and developed by the Ministry of Education and Science of Georgia has been a step forward in the pupils/student's register in secondary and higher education system. In general, transition step by step to registers, of course, is desirable and necessary. However, this work is quite
2018-06-30
ANALYSIS OF MAIN STATISTICAL DATA ON CONDITION OF EDUCATION IN GEORGIA
Over the decades the discussion on education system is criticism of ongoing reforms, however, nobody notes that this is the area that can not be easily transformed, and several generations have to go through complex, "experimental" processes until will be finalised. In addition, the processes are irreversible and are constantly in the process of renewal. The process is painful, especially when the outcome is not instantaneous. In order to characterize the ongoing processes in the field of education, Geostat has been continuously improving the statistical survey questionnaires by the recommendation of UNESCO Institute of Statistics and other international organizations. The IT system implemented and developed by the Ministry of Education and Science of Georgia has been a step forward in the pupils/student's register in secondary and higher education system. In general, transition step by step to registers, of course, is desirable and necessary. However, this work is quite
2018-06-30
∘ Izolda Chiladze ∘
PROBLEMS WITH REHABILITATION OF SERICULTURE IN GEORGIA
Summary The purpose of the article is to study the development perspectives of the sericulture in Georgia. The subject of research is the silkworm culture in Georgia. The study uses historical and statistical analysis methods. Silk is an integral part of Georgian history. It was located on the way to the Great Silk Road, and as-yet in the15th century BC, the silk worm's seed and silk cocoon were exporting to foreign countries. But, for reason the constant attacks of hostile countries, the sericulture was often hindered in Georgia. In the twentieth century, sericulture was a massive employment for the Georgian population and an important source of monetary revenue. In the 60s of the last century, 4.0-4,4 thousand tons of cocoon was produced in Georgia and the money income was 15.5-16,5 million rubles. Silk cocoon production was employed by 100-120 thousand households, and 5-6 thousand men in the silk industry. Unfortunately, at this time the mulberry disease, which destroyed about
2018-06-30
PROBLEMS WITH REHABILITATION OF SERICULTURE IN GEORGIA
Summary The purpose of the article is to study the development perspectives of the sericulture in Georgia. The subject of research is the silkworm culture in Georgia. The study uses historical and statistical analysis methods. Silk is an integral part of Georgian history. It was located on the way to the Great Silk Road, and as-yet in the15th century BC, the silk worm's seed and silk cocoon were exporting to foreign countries. But, for reason the constant attacks of hostile countries, the sericulture was often hindered in Georgia. In the twentieth century, sericulture was a massive employment for the Georgian population and an important source of monetary revenue. In the 60s of the last century, 4.0-4,4 thousand tons of cocoon was produced in Georgia and the money income was 15.5-16,5 million rubles. Silk cocoon production was employed by 100-120 thousand households, and 5-6 thousand men in the silk industry. Unfortunately, at this time the mulberry disease, which destroyed about
2018-06-30
∘ Manana Kharkheli ∘ Giorgi Morchiladze ∘
INNOVATION MANAGEMENT CHALLENGES IN THE SERVICE FIELD
Summary Successful companies are able to constantly innovate in the long-term period and they can offer a different kind of novelties to consumers. Competition makes it mandatory for any company management to create a system that is constantly capable of offering customers something new, other wise, they will fail in competition. Innovation management is a difficult and complex process. At first, management needs to establish on how to develop right innovative strategies, and then to implement it well. Due to the fact that, the main purpose of the commercial organization is to earn profit, during innovation management company management should focus on two milestones: How to increase revenue How to decrease expenses Accordingly, company management should create such an innovation management system, where in both directions will be the emphasis. A company can increase the number of customers, only if management analyzes what is important value for customers. Related to this,
2018-06-30
INNOVATION MANAGEMENT CHALLENGES IN THE SERVICE FIELD
Summary Successful companies are able to constantly innovate in the long-term period and they can offer a different kind of novelties to consumers. Competition makes it mandatory for any company management to create a system that is constantly capable of offering customers something new, other wise, they will fail in competition. Innovation management is a difficult and complex process. At first, management needs to establish on how to develop right innovative strategies, and then to implement it well. Due to the fact that, the main purpose of the commercial organization is to earn profit, during innovation management company management should focus on two milestones: How to increase revenue How to decrease expenses Accordingly, company management should create such an innovation management system, where in both directions will be the emphasis. A company can increase the number of customers, only if management analyzes what is important value for customers. Related to this,
2018-06-30
∘ Davit Aslanishvili ∘ Kristine Omadze ∘
RICARDIAN EQUIVALENT, THE ORIGIN OF STATE DEBT, ITS MEANING AND PRACTICAL PURPOSE
Summary Our research describes the essence of the state debt and its purpose, but we have pay a special significance on the effect of the state debts to the economy of a particular country. There is no consensus among the economists about the outcome of this effect. When the state borrows money, it promises you to pay. To make this payment (payments), the state increases the bargain (if required) to pay this debt along with many other current payments. The economic effect in this regard is due to the fact that the tax payer perceives the future taxes. The measurement of the perception is difficult and neither the economists nor the other professors are able to form a precise and realized perfection formula. Our analysis is a decisive factor in the time and level of consciousness of the population on this issue (the threat) and determine what is the effect of financial borrowing on bond loans. If every member of the society realizes that the future taxpayer will defect the
2018-06-30
RICARDIAN EQUIVALENT, THE ORIGIN OF STATE DEBT, ITS MEANING AND PRACTICAL PURPOSE
Summary Our research describes the essence of the state debt and its purpose, but we have pay a special significance on the effect of the state debts to the economy of a particular country. There is no consensus among the economists about the outcome of this effect. When the state borrows money, it promises you to pay. To make this payment (payments), the state increases the bargain (if required) to pay this debt along with many other current payments. The economic effect in this regard is due to the fact that the tax payer perceives the future taxes. The measurement of the perception is difficult and neither the economists nor the other professors are able to form a precise and realized perfection formula. Our analysis is a decisive factor in the time and level of consciousness of the population on this issue (the threat) and determine what is the effect of financial borrowing on bond loans. If every member of the society realizes that the future taxpayer will defect the
2018-06-30
∘ Davit Bidzinashvili ∘
STRENGTHENING STATE INTERNAL FINANCIAL CONTROL AND PERSPECTIVES IN GEORGIA
Summary The financial control of the public control is a special place. This place is primarily determined by the control unit of the state finances, which includes the state budget and the fields of application, as well as the elements of the unity of the country's national wealth management-related activities and usually includes natural resources, production, distribution, consumption areas and subjects of industrial and financial activities. PIFC strengthen is a key component of public sector management reform that helps the government to establish a modern public administration in control of the environment, to provide reasonable assurance that all operations comply with good management, productivity, transparency, efficiency and principles of economy and regulations, and Internal Audit is a tool in the hands of authorities- a weapon which can be achieved by the above figures. Unlike external audit, internal audit activity is a relatively new profession for Georgia, as
2018-06-30
STRENGTHENING STATE INTERNAL FINANCIAL CONTROL AND PERSPECTIVES IN GEORGIA
Summary The financial control of the public control is a special place. This place is primarily determined by the control unit of the state finances, which includes the state budget and the fields of application, as well as the elements of the unity of the country's national wealth management-related activities and usually includes natural resources, production, distribution, consumption areas and subjects of industrial and financial activities. PIFC strengthen is a key component of public sector management reform that helps the government to establish a modern public administration in control of the environment, to provide reasonable assurance that all operations comply with good management, productivity, transparency, efficiency and principles of economy and regulations, and Internal Audit is a tool in the hands of authorities- a weapon which can be achieved by the above figures. Unlike external audit, internal audit activity is a relatively new profession for Georgia, as
2018-06-30
∘ Tengiz Verulava ∘
PROBLEMS OF AGRO INSURANCE IN GEORGIA
Summary Agriculture is Georgia’s lifeblood. Fifty-three percent of the country’s working population is engaged in agriculture, many working on small plots of one hectare or less.The agriculture sector employs more than half of Georgia’s workforce but accounts for only 10 percent of GDP.Any business includes risks but some risks in agro-business like natural disasters are beyond control and if it happens one can lose everything without insurance. The role of agro insurance is particularly important in terms of reducing damage caused by the recent natural disaster.Agro insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. Agricultural risks not only affect farmers, they also affect the wholeagribusiness value chain. Each of
2018-06-30
PROBLEMS OF AGRO INSURANCE IN GEORGIA
Summary Agriculture is Georgia’s lifeblood. Fifty-three percent of the country’s working population is engaged in agriculture, many working on small plots of one hectare or less.The agriculture sector employs more than half of Georgia’s workforce but accounts for only 10 percent of GDP.Any business includes risks but some risks in agro-business like natural disasters are beyond control and if it happens one can lose everything without insurance. The role of agro insurance is particularly important in terms of reducing damage caused by the recent natural disaster.Agro insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. Agricultural risks not only affect farmers, they also affect the wholeagribusiness value chain. Each of
2018-06-30
∘ Tamar Ziraqashvili ∘
THE ACTIVITIES OF COMMERCIAL BANKS IN FORMATION AND DEVELOPEMENT OF TAXING ADMINISTRATION
Summary Indicated measures are due to improve the quality, amount and depth of taxing control as well as the growth of working efficiency of the employees. All the above mentioned issues will result in increase of revenue income, make taxing field more informed and ensure the growth of the budget because of extra fines and sanctions . All these will help to avoid using various schemes while optimisation process by the banks and will decrease taxing
2018-06-30
THE ACTIVITIES OF COMMERCIAL BANKS IN FORMATION AND DEVELOPEMENT OF TAXING ADMINISTRATION
Summary Indicated measures are due to improve the quality, amount and depth of taxing control as well as the growth of working efficiency of the employees. All the above mentioned issues will result in increase of revenue income, make taxing field more informed and ensure the growth of the budget because of extra fines and sanctions . All these will help to avoid using various schemes while optimisation process by the banks and will decrease taxing
2018-06-30
∘ Khatuna Shalamberidze ∘
CREDIT PORTFOLIO OF COMMERCIAL BANKS AND ITS QUALITY ASSESSMENT INDICATORS
Summary Quality analysis of the commercial banks' credit portfolio show that many factors affect the management of this process. Commercial banks also use different methods of credit quality assessment to determine the quality of credit portfolio. It may be possible to identify some of those who use banks and other financial intermediaries to make a decision on lending. In the credit portfolio it is necessary to review the lending and equal debt in the relationship, as well as to consider the relationship between credit portfolio elements and characterize the new economic position. While defining the quality of the credit portfolio of commercial banks it is necessary to take into account criteria, as each of them represents the different aspects of the credit activities of the commercial bank; The performance of commercial banks' performance is estimated by Forbes Georgia, in cooperation with the National Bank of Georgia and Ernst & Young. Forbes periodically carries out
2018-06-30
CREDIT PORTFOLIO OF COMMERCIAL BANKS AND ITS QUALITY ASSESSMENT INDICATORS
Summary Quality analysis of the commercial banks' credit portfolio show that many factors affect the management of this process. Commercial banks also use different methods of credit quality assessment to determine the quality of credit portfolio. It may be possible to identify some of those who use banks and other financial intermediaries to make a decision on lending. In the credit portfolio it is necessary to review the lending and equal debt in the relationship, as well as to consider the relationship between credit portfolio elements and characterize the new economic position. While defining the quality of the credit portfolio of commercial banks it is necessary to take into account criteria, as each of them represents the different aspects of the credit activities of the commercial bank; The performance of commercial banks' performance is estimated by Forbes Georgia, in cooperation with the National Bank of Georgia and Ernst & Young. Forbes periodically carries out
2018-06-30
∘ Zaira Beridze ∘ Paata Aroshidze ∘
THE IMPART OF SPORT INDUSTRY ON THE STANDARD OF LIVING OF SELFGOVERNING UNITS (A CASE OF AJARA)
Summary This research outlines the construction of a detailed regional economic accounting model and describes its application to assess the economic impact of sporting activities, sports events and sport tourism in the regions and localities of Ajara. The model traces the geography of the event or activity itself and the supply chain from the local area through neighbouring areas to the regional, national and global levelS. It accounts for the supply chain in each region and locality not only in terms of sales and purchases, but also in terms of gross value added, incomes and jobs. By taking account of the different structures of local economies the model is able to address some of the social and economic concerns of sports and national, regional and local public bodies. Sport tourism provides the host country with high media coverage. This coverage will cover not only the sporting event but also provide important information about the country’s cultural and
2018-06-30
THE IMPART OF SPORT INDUSTRY ON THE STANDARD OF LIVING OF SELFGOVERNING UNITS (A CASE OF AJARA)
Summary This research outlines the construction of a detailed regional economic accounting model and describes its application to assess the economic impact of sporting activities, sports events and sport tourism in the regions and localities of Ajara. The model traces the geography of the event or activity itself and the supply chain from the local area through neighbouring areas to the regional, national and global levelS. It accounts for the supply chain in each region and locality not only in terms of sales and purchases, but also in terms of gross value added, incomes and jobs. By taking account of the different structures of local economies the model is able to address some of the social and economic concerns of sports and national, regional and local public bodies. Sport tourism provides the host country with high media coverage. This coverage will cover not only the sporting event but also provide important information about the country’s cultural and
2018-06-30
∘ Tsitsino Gvritishvili ∘
SOCIAL-DEMOGRAPHIC ASPECTS OF STUDENTS’ ATTITUDE TOWARD HEALTH
Summary The article is based on the materials of sociological survey, carried out among students by Ilia State University Institute of demography and sociology in 2016-2017, the aim of which was to study their attitudes toward health and peculiarities of their self-preservative behavior. Concentrating attention on the research of youth’s, among them students’ attitude toward health is stipulated by the fact that the mentioned group, posing as the potential of a country’s labor and population resources, is characterized by not so enviable tendencies of demographic indicators, including mortality. In addition to the results of the sociological survey, the article also incorporates materials from 2014 Georgian population census, together with the works of Georgian and foreign scientists holding jobs in the field of sociology. The presented article deals with the approved methodological approaches, which are important in terms of social-demographic analysis of
2018-06-30
SOCIAL-DEMOGRAPHIC ASPECTS OF STUDENTS’ ATTITUDE TOWARD HEALTH
Summary The article is based on the materials of sociological survey, carried out among students by Ilia State University Institute of demography and sociology in 2016-2017, the aim of which was to study their attitudes toward health and peculiarities of their self-preservative behavior. Concentrating attention on the research of youth’s, among them students’ attitude toward health is stipulated by the fact that the mentioned group, posing as the potential of a country’s labor and population resources, is characterized by not so enviable tendencies of demographic indicators, including mortality. In addition to the results of the sociological survey, the article also incorporates materials from 2014 Georgian population census, together with the works of Georgian and foreign scientists holding jobs in the field of sociology. The presented article deals with the approved methodological approaches, which are important in terms of social-demographic analysis of
2018-06-30
∘ Nino Gomelauri ∘
SELF-PRESERVATIVE BEHAVIOR AND SOCIAL SECURITY OF THE YOUTH
Summary The following work concerns the social health of the youth, as the social potential and security of a society is determined, first and foremost, by the level of its social health, especially that of its young generation. Health condition of the youth reflects that of the contemporary and future society. The need for security is characteristic of separate individuals, as well as of families, society and the state. Social health can be defined as the condition that depicts a person’s life potential and their attitude towards themselves or the outer world. Self-preservative behavior is the basic element of social health. Violating rules and norms, actions and relationships of self-preservative behavior, translates into self-destructive behavior. An individual’s attitude towards their own health, which takes shape in the process of their socialization, is the foundation of self-preservative behavior. Although the periods of adolescence and youth are considered to be
2018-06-30
SELF-PRESERVATIVE BEHAVIOR AND SOCIAL SECURITY OF THE YOUTH
Summary The following work concerns the social health of the youth, as the social potential and security of a society is determined, first and foremost, by the level of its social health, especially that of its young generation. Health condition of the youth reflects that of the contemporary and future society. The need for security is characteristic of separate individuals, as well as of families, society and the state. Social health can be defined as the condition that depicts a person’s life potential and their attitude towards themselves or the outer world. Self-preservative behavior is the basic element of social health. Violating rules and norms, actions and relationships of self-preservative behavior, translates into self-destructive behavior. An individual’s attitude towards their own health, which takes shape in the process of their socialization, is the foundation of self-preservative behavior. Although the periods of adolescence and youth are considered to be
2018-06-30
∘ Larysa Lavrynenko ∘ Yulia Galustian ∘
SOCIAL ASPECTS OF HUMANIZATION UKRAINIAN MARKET OF LABOR
Annotation. A general characteristic of the process of socialization of the labor market has been made, and the most urgent problems of the present are determined. The new quality of the social dialogue between the state, employers and civil society is proved in harmonization of the modern labor market, the role of each subject of social dialogue and the system of interests, what they represent and analyze the possibilities of using social dialogue as a tool for humanization of the labor market and social and labor relations. The authors state that the level of socialization of the labor market is the main indicator of the social orientation of the market economy system as a whole. Key words: labor market, employment, social dialogue, humanization of labor, social and labor relations. The purpose of this study is to analyze the main problems of the modern labor market in Ukraine, as well as develop recommendations for their overcoming. In modern market conditions, there
2018-06-30
SOCIAL ASPECTS OF HUMANIZATION UKRAINIAN MARKET OF LABOR
Annotation. A general characteristic of the process of socialization of the labor market has been made, and the most urgent problems of the present are determined. The new quality of the social dialogue between the state, employers and civil society is proved in harmonization of the modern labor market, the role of each subject of social dialogue and the system of interests, what they represent and analyze the possibilities of using social dialogue as a tool for humanization of the labor market and social and labor relations. The authors state that the level of socialization of the labor market is the main indicator of the social orientation of the market economy system as a whole. Key words: labor market, employment, social dialogue, humanization of labor, social and labor relations. The purpose of this study is to analyze the main problems of the modern labor market in Ukraine, as well as develop recommendations for their overcoming. In modern market conditions, there
2018-06-30
∘ Lela Menabdishvili ∘ Vano Shushtakashvili ∘
PECULIARITIES OF MARRIAGE IN GEORGIA ACCORDING TO THE GENERAL POPULATION CENSUS 2014
Summary There are three forms of marriages in Georgia: civil marriages, religious marriages and cohabitation. According to the figures of the 2014 census, the data with regard to the forms of marriages are as follows: civil marriages – 88,5%, religious marriages - 5,9% and cohabitation / unregistered marriages - 5,6%. Unregistered marriages are more widespread in young people of small age. An unregistered marriage rate is the highest among the young people aged 15-24 years. It’s make up 32,2% in men, and - 28,3% in women. According to the figures of census from 2014, of the population 15 years old and the older, have never been married 24,7 % of men and 16,5 % of women. At the same time have never been married 74,7% of men and 48,5% of women between the ages of 20 and 24 years. With the increase in age, the number of young people who have never been married, as well as for the 25 - 29 year age group this index makes up 44,4% for men, and 22,5% for women. Whereas of
2018-06-30
PECULIARITIES OF MARRIAGE IN GEORGIA ACCORDING TO THE GENERAL POPULATION CENSUS 2014
Summary There are three forms of marriages in Georgia: civil marriages, religious marriages and cohabitation. According to the figures of the 2014 census, the data with regard to the forms of marriages are as follows: civil marriages – 88,5%, religious marriages - 5,9% and cohabitation / unregistered marriages - 5,6%. Unregistered marriages are more widespread in young people of small age. An unregistered marriage rate is the highest among the young people aged 15-24 years. It’s make up 32,2% in men, and - 28,3% in women. According to the figures of census from 2014, of the population 15 years old and the older, have never been married 24,7 % of men and 16,5 % of women. At the same time have never been married 74,7% of men and 48,5% of women between the ages of 20 and 24 years. With the increase in age, the number of young people who have never been married, as well as for the 25 - 29 year age group this index makes up 44,4% for men, and 22,5% for women. Whereas of
2018-06-30
∘ Nana Menabdishvili ∘
THEIMPACT OF EMIGRATION ON DEMOGRAPHIC PROCESSES
Summary Emigration takes the leading place in the dynamics of external migration In Georgia. This fact has significantly affected the demographic status of the country. In the period between the 2002 and 2014 general censuses, the total population decrease by 15% took place. The population of country has decreased by almost 22% in 2014 in comparison to 1989. Besides, the Georgian population is characterized by an aging tendency along with decrease. Between the period of census 2002 and 2014, the share of 65 years old and older people in the total population has increased by 1,6%. Emigration is one of the factors contributing to the population aging process. According to the latest census data, the number of immigrants amounted to 88,5 thousand persons, including 45,4% males and 54,6% females. Despite the positive changes in terms of economic development in recent years in Georgia, the main challenge remains overcoming mass unemployment and poverty; as well as ensuring the
2018-06-30
THEIMPACT OF EMIGRATION ON DEMOGRAPHIC PROCESSES
Summary Emigration takes the leading place in the dynamics of external migration In Georgia. This fact has significantly affected the demographic status of the country. In the period between the 2002 and 2014 general censuses, the total population decrease by 15% took place. The population of country has decreased by almost 22% in 2014 in comparison to 1989. Besides, the Georgian population is characterized by an aging tendency along with decrease. Between the period of census 2002 and 2014, the share of 65 years old and older people in the total population has increased by 1,6%. Emigration is one of the factors contributing to the population aging process. According to the latest census data, the number of immigrants amounted to 88,5 thousand persons, including 45,4% males and 54,6% females. Despite the positive changes in terms of economic development in recent years in Georgia, the main challenge remains overcoming mass unemployment and poverty; as well as ensuring the
2018-06-30
∘ Vladimer Sulaberidze ∘
THE NEWEST “CIVILIZED” OR DEPOPULATED TYPE OF POPULATION REPRODUCTION!?
Summary A. Lundry thought the modern type of population reproduction could lead to the regress of population. Since the end of 20th century many demographers noted the formation of the newest type of population reproduction, during which mortality exceeds childbirth and instead of natural growth of population the contrary, namely, its loss is apparent, and the natural depopulation takes place. In this regard, the modern demographic development of the world is characterizes by diversity and if in some developed countries the modern type of population reproduction is replaced by the newest type, in others it is in the last phase, and still in some other countries the second phase of the modern type of population reproduction is noticed. Therefore, the era of quasi-equilibrium on the upper levels of childbirth and mortality is replaced by the new era of equilibrium on the lower levels of the same. As opposed to the last type of population reproduction, the demographic structure
2018-06-30
THE NEWEST “CIVILIZED” OR DEPOPULATED TYPE OF POPULATION REPRODUCTION!?
Summary A. Lundry thought the modern type of population reproduction could lead to the regress of population. Since the end of 20th century many demographers noted the formation of the newest type of population reproduction, during which mortality exceeds childbirth and instead of natural growth of population the contrary, namely, its loss is apparent, and the natural depopulation takes place. In this regard, the modern demographic development of the world is characterizes by diversity and if in some developed countries the modern type of population reproduction is replaced by the newest type, in others it is in the last phase, and still in some other countries the second phase of the modern type of population reproduction is noticed. Therefore, the era of quasi-equilibrium on the upper levels of childbirth and mortality is replaced by the new era of equilibrium on the lower levels of the same. As opposed to the last type of population reproduction, the demographic structure
2018-06-30
∘ Ana Jikia ∘ Ketevan Shengelia ∘
THE MAIN TENDENCIES OF RAISING OF THE SOCIAL RESPONSIBILITIES OF THE BUSINESS IN GEORGIA
Symmary In the modern period it is the most important the “Raising of the Business Social Responsibilities”. To this problem is payed the special attention in Europe, and Georgia is gradually becoming the part of Europe. The priority of the business social responsibilities is determined by various occasions, and the principle is the increase of the nonmaterial factors of the economy, which is connected with the development of the human potential. For today the competitiveness of the company on the world market, mainly is determined by the qualitative indicators. Among them the most important is the implementation of the innovations and new technologies the background of which is human, intellectual, social capital or in the other words the quality of the working force and motivation of the employees. Exactly this circumstance gives economic imperatives to the business social responsibilities rising. In new millennium, mainly in the developed countries, the high
2018-06-30
THE MAIN TENDENCIES OF RAISING OF THE SOCIAL RESPONSIBILITIES OF THE BUSINESS IN GEORGIA
Symmary In the modern period it is the most important the “Raising of the Business Social Responsibilities”. To this problem is payed the special attention in Europe, and Georgia is gradually becoming the part of Europe. The priority of the business social responsibilities is determined by various occasions, and the principle is the increase of the nonmaterial factors of the economy, which is connected with the development of the human potential. For today the competitiveness of the company on the world market, mainly is determined by the qualitative indicators. Among them the most important is the implementation of the innovations and new technologies the background of which is human, intellectual, social capital or in the other words the quality of the working force and motivation of the employees. Exactly this circumstance gives economic imperatives to the business social responsibilities rising. In new millennium, mainly in the developed countries, the high
2018-06-30
∘ Jilda Cheishvili ∘
COMMUNITY ATTITUDE TOWARD THE GENERATION RENEWAL PROCESS IN GEORGIA
Summary The social-economic crisis during the last decade in Georgia, several wars, increasing number of refugees, increasing unemployment, and dramatically increased number of emigrants – have affected negatively on the population of Georgia, simultaneously decreasing the demographical development through the Country. In Georgia a new generation is less than parents’ generation, it can recover old generation for only 70-80 %. According to figures published by the United Nations, if this trend continues, the population will decrease by 28% in 2050, which may result in significant population loss (United Nations, 2015). While the growth rate for the past three years has shown a small upward trend in population numbers, the overall picture is not changed. The modern demographic situation has the nature of the crisis, which includes the following problems: Reduction of the natural population growth, Sex-Structure deformation, Extensive internal and external
2018-06-30
COMMUNITY ATTITUDE TOWARD THE GENERATION RENEWAL PROCESS IN GEORGIA
Summary The social-economic crisis during the last decade in Georgia, several wars, increasing number of refugees, increasing unemployment, and dramatically increased number of emigrants – have affected negatively on the population of Georgia, simultaneously decreasing the demographical development through the Country. In Georgia a new generation is less than parents’ generation, it can recover old generation for only 70-80 %. According to figures published by the United Nations, if this trend continues, the population will decrease by 28% in 2050, which may result in significant population loss (United Nations, 2015). While the growth rate for the past three years has shown a small upward trend in population numbers, the overall picture is not changed. The modern demographic situation has the nature of the crisis, which includes the following problems: Reduction of the natural population growth, Sex-Structure deformation, Extensive internal and external
2018-06-30
∘ Manana Kharkheli ∘ Ani Kimadze ∘
LABOR EMIGRATION FROM GEORGIA AND ITS STATE REGULATION
Summary In the article "Labor Emigration from Georgia and its State Regulation" is considered the problem of migration and its bitterness for Georgia. Emigration of work force from the country violates its demographic balance. In large countries it balances with immigration flows, but in a small poor country, particularly in Georgia, emigration-migration is negative, ie, the flow of exceeds exceeds flows of incomes. Against this backdrop, Georgia's demographic perspectives are much cheaper. By 2050, its population will be reduced to 2575 thousand people by pessimistic predictions. Prognosticists claim the reason for external migration growth and decrease in childbirth. The largest emigration flows from Georgia in the 90s have gone. This was the period of civil wars, internal conflicts and economic-political chaos. In 1991, 60,6 thousand people went to emigrate. Then the number of emigrants has decreased, but the attitude of leaving the country has not changed. The reason for
2018-06-30
LABOR EMIGRATION FROM GEORGIA AND ITS STATE REGULATION
Summary In the article "Labor Emigration from Georgia and its State Regulation" is considered the problem of migration and its bitterness for Georgia. Emigration of work force from the country violates its demographic balance. In large countries it balances with immigration flows, but in a small poor country, particularly in Georgia, emigration-migration is negative, ie, the flow of exceeds exceeds flows of incomes. Against this backdrop, Georgia's demographic perspectives are much cheaper. By 2050, its population will be reduced to 2575 thousand people by pessimistic predictions. Prognosticists claim the reason for external migration growth and decrease in childbirth. The largest emigration flows from Georgia in the 90s have gone. This was the period of civil wars, internal conflicts and economic-political chaos. In 1991, 60,6 thousand people went to emigrate. Then the number of emigrants has decreased, but the attitude of leaving the country has not changed. The reason for
2018-06-30
∘ Ramaz Artmeladze ∘
ECONOMIC GLOBALIZATION
Summary Economic globalization is to increase the interdependence of the world economy by increasing the flow of goods, and communications between countries. One thing that economic globalization focus on is to increase the trade between developing countries and developed countries. In order to do that, trade barriers like tariffs are reduced and this is known as trade liberalization. And when countries decides to remove tariffs to make goods flow in and out of the countries more easily is free trade.As goods are flowing around the world more easily, many corporations are trying to seek ways to make profits from economic globalization. And this cause transnational corporations to open up around the world. Globalization in the world economy is becoming more and more extensive. Various countries are involved in the process of economic globalization, which are transitioning to a new stage of development in trade with each other. Economic globalization has taken the world to a new
2018-06-30
ECONOMIC GLOBALIZATION
Summary Economic globalization is to increase the interdependence of the world economy by increasing the flow of goods, and communications between countries. One thing that economic globalization focus on is to increase the trade between developing countries and developed countries. In order to do that, trade barriers like tariffs are reduced and this is known as trade liberalization. And when countries decides to remove tariffs to make goods flow in and out of the countries more easily is free trade.As goods are flowing around the world more easily, many corporations are trying to seek ways to make profits from economic globalization. And this cause transnational corporations to open up around the world. Globalization in the world economy is becoming more and more extensive. Various countries are involved in the process of economic globalization, which are transitioning to a new stage of development in trade with each other. Economic globalization has taken the world to a new
2018-06-30
∘ Orkhan Muqabil oglu Bayramov ∘
Some features of insurance in agriculture at the present stage of development of the economy of Azerbaijan
In many advanced economies, insurance is the key way to manage all sorts of risks. But in Azerbaijan today, due to various subjective and objective reasons, this tool is used in entrepreneurial practice insufficiently. This makes it necessary and relevant to study the theoretical basis of insurance more deeply. In addition, a methodological base for insurance should be developed and concrete mechanisms of the insurance business substantiated. These mechanisms should be introduced into the practice of the functioning of business entities, regardless of the branch of the economy. The article reveals the specificity of agricultural insurance in its close relationship with the features of the functioning of the agrarian sphere. The author outlines five main features, among which we can mention: the use of land as the main means of production in agriculture; lack of a fully functioning market, agricultural land and their mortgage lending; the interrelation of the production process in
2018-06-30
Some features of insurance in agriculture at the present stage of development of the economy of Azerbaijan
In many advanced economies, insurance is the key way to manage all sorts of risks. But in Azerbaijan today, due to various subjective and objective reasons, this tool is used in entrepreneurial practice insufficiently. This makes it necessary and relevant to study the theoretical basis of insurance more deeply. In addition, a methodological base for insurance should be developed and concrete mechanisms of the insurance business substantiated. These mechanisms should be introduced into the practice of the functioning of business entities, regardless of the branch of the economy. The article reveals the specificity of agricultural insurance in its close relationship with the features of the functioning of the agrarian sphere. The author outlines five main features, among which we can mention: the use of land as the main means of production in agriculture; lack of a fully functioning market, agricultural land and their mortgage lending; the interrelation of the production process in
2018-06-30
∘ Taso Getashvili ∘
INSTITUTIONAL REFORMS AND ECONOMIC IMPACT ON THE REAL ESTATE MARKET PRICE DETERMINATION IN GEORGIA
Summary The financial, economic, political, cultural and demographic changes is permanently affect real estate market price in the country. Institutional-economic reforms are of particular interest to economists, as it is the outcome of the mentioned reforms all the other changes in the economic sense of the country. The article deals with institutional and economic reforms implemented in Georgia in the 1990s. These reforms had a significant impact on the formation of real estate market price in different periods of time. Determining the real estate price is a complex and dynamic process especially in terms of institutional reforms, economic transformation in Georgia. Gathering information for determination of real estate price is being acquired by the institutional sectors of the Georgian economy (non-financial corporations, financial corporations, non-profit organizations, state governments, households), purchasing and construction of buildings and capital or ongoing
2018-06-30
INSTITUTIONAL REFORMS AND ECONOMIC IMPACT ON THE REAL ESTATE MARKET PRICE DETERMINATION IN GEORGIA
Summary The financial, economic, political, cultural and demographic changes is permanently affect real estate market price in the country. Institutional-economic reforms are of particular interest to economists, as it is the outcome of the mentioned reforms all the other changes in the economic sense of the country. The article deals with institutional and economic reforms implemented in Georgia in the 1990s. These reforms had a significant impact on the formation of real estate market price in different periods of time. Determining the real estate price is a complex and dynamic process especially in terms of institutional reforms, economic transformation in Georgia. Gathering information for determination of real estate price is being acquired by the institutional sectors of the Georgian economy (non-financial corporations, financial corporations, non-profit organizations, state governments, households), purchasing and construction of buildings and capital or ongoing
2018-06-30
∘ Salome Davituliani ∘
MICRO AND MACRO FACTORS OF THE EFFICIENCY OF THE UNIFIED TRANSPORT SYSTEM OF GEORGIA
Summary Transport is an important part of the economy of Georgia that is stipulated due to the necessity of transportation service for the economics in general on the one hand and the geopolitical location of the country on the other hand that takes the advantage in transit transportation for Azerbaijan and Armenia traffic, partly in Central Asia. The service sector is traditionally an important area of the national economy of any developed country. That's why in recent years the share of services in the GDP growth is increasing. The development of the service sector, including transportation services, is shared by the following factors in the structure of the world countries national economy: - State policy and state regulation; - Traditions of entrepreneurial sphere; - Information technologies development; - Internationalization, etc. For full enactment of the Georgia transport potential is the necessary improvement in such macro-economic factors, as market
2018-06-30
MICRO AND MACRO FACTORS OF THE EFFICIENCY OF THE UNIFIED TRANSPORT SYSTEM OF GEORGIA
Summary Transport is an important part of the economy of Georgia that is stipulated due to the necessity of transportation service for the economics in general on the one hand and the geopolitical location of the country on the other hand that takes the advantage in transit transportation for Azerbaijan and Armenia traffic, partly in Central Asia. The service sector is traditionally an important area of the national economy of any developed country. That's why in recent years the share of services in the GDP growth is increasing. The development of the service sector, including transportation services, is shared by the following factors in the structure of the world countries national economy: - State policy and state regulation; - Traditions of entrepreneurial sphere; - Information technologies development; - Internationalization, etc. For full enactment of the Georgia transport potential is the necessary improvement in such macro-economic factors, as market
2018-06-30
∘ Tamar Dolidze ∘
THEORETICAL GENERALIZATION OF MAIN PROBLEMS OF INNOVATIVE ECONOMY
Summary The article discusses the following issues: the innovative economy as a scientific term; Definition of the concept of innovative economics and its semantic aspects; Innovative economy in the context of civilization development formal model; Found. Schumperter and N. Kondratiev's theories in connection with the innovative economy; I. Schumpeter's doctrinal opinions about the transformation of capitalism and the creation of a new type of postcapitalism; We have analyzed the types of social forms based on the trust factor and identified how the type of public form is possible to fully develop the innovative economy; the key issues and fields of innovative economics are distinguished based on functional criteria; We analyzed the relevant international research organizations with the parameter of the positive economy; Two strategies for the development of innovative economics - inertial and innovative; In the historical context we analyzed the experience of developed
2018-06-30
THEORETICAL GENERALIZATION OF MAIN PROBLEMS OF INNOVATIVE ECONOMY
Summary The article discusses the following issues: the innovative economy as a scientific term; Definition of the concept of innovative economics and its semantic aspects; Innovative economy in the context of civilization development formal model; Found. Schumperter and N. Kondratiev's theories in connection with the innovative economy; I. Schumpeter's doctrinal opinions about the transformation of capitalism and the creation of a new type of postcapitalism; We have analyzed the types of social forms based on the trust factor and identified how the type of public form is possible to fully develop the innovative economy; the key issues and fields of innovative economics are distinguished based on functional criteria; We analyzed the relevant international research organizations with the parameter of the positive economy; Two strategies for the development of innovative economics - inertial and innovative; In the historical context we analyzed the experience of developed
2018-06-30
∘ Shota Vashakidze ∘
ORGANIZATION STAFF - THE MOST IMPORTANT RESOURCE OF THE COMPANY
Summary In the modern, aggressive business environment, when technology development level allows companies to repeat the "yesterday's" innovation, a reliable competitive advantage can be achieved only bythe effective use of the human factor. Moreover, it can be said that today's successful management of production personnel depends on the promotion and development of any organization. The emphasis on the importance of human resources is alsoconditioned by the fact that, with the general peculiarity of all the resources of the economic system (the limited amount of existence, depreciation and necessity), human resources are characterized by a number of specific peculiar characteristics, which literally express its specific place and role in the economic system. In contrast to cars and raw materials, the person is the human who has the intellect and the emotions. The productivity of this type of resource has no bounds, so it is the largest reservoir for increasing the
2018-06-30
ORGANIZATION STAFF - THE MOST IMPORTANT RESOURCE OF THE COMPANY
Summary In the modern, aggressive business environment, when technology development level allows companies to repeat the "yesterday's" innovation, a reliable competitive advantage can be achieved only bythe effective use of the human factor. Moreover, it can be said that today's successful management of production personnel depends on the promotion and development of any organization. The emphasis on the importance of human resources is alsoconditioned by the fact that, with the general peculiarity of all the resources of the economic system (the limited amount of existence, depreciation and necessity), human resources are characterized by a number of specific peculiar characteristics, which literally express its specific place and role in the economic system. In contrast to cars and raw materials, the person is the human who has the intellect and the emotions. The productivity of this type of resource has no bounds, so it is the largest reservoir for increasing the
2018-06-30
∘ Ineza Vatsadze ∘
DEVELOPMENT OF RURAL TOURISM BUSINESS AS A REALIZATION FACTOR OF GROWTH CONCEPT OF INCLUSIVE ECONOMY
Summary Recently the Georgian Government made effective steps with a positive impact but still it is not enough to make dramatic changes in improvement of the social-economic situation of the country. Unemployment and poverty is still a challenge for the country. Therefore it was necessary to elaborate new approaches for solving these problems and to create the “Strategy on Social-Economic Development of Georgia (Georgia2020) in 2014.” This strategy is an important innovation of the macro-economic policy of Georgian Government. The idea is to focus on increasing support for inclusive economy. It implies engaging more population in the process of increasing economy. Based on this, economic policy of the country should be focused on developing the sector of the industry, which has more potential of employment and less hindering processes. The main purpose of my paper based on the reviewed literature resources is to show that developing rural tourism is
2018-06-30
DEVELOPMENT OF RURAL TOURISM BUSINESS AS A REALIZATION FACTOR OF GROWTH CONCEPT OF INCLUSIVE ECONOMY
Summary Recently the Georgian Government made effective steps with a positive impact but still it is not enough to make dramatic changes in improvement of the social-economic situation of the country. Unemployment and poverty is still a challenge for the country. Therefore it was necessary to elaborate new approaches for solving these problems and to create the “Strategy on Social-Economic Development of Georgia (Georgia2020) in 2014.” This strategy is an important innovation of the macro-economic policy of Georgian Government. The idea is to focus on increasing support for inclusive economy. It implies engaging more population in the process of increasing economy. Based on this, economic policy of the country should be focused on developing the sector of the industry, which has more potential of employment and less hindering processes. The main purpose of my paper based on the reviewed literature resources is to show that developing rural tourism is
2018-06-30
∘ Gia Zoidze ∘
intellectual capital, and innovative resources problems and challenges
Summary According to the national reports system requirements national riches include the ability to use information, knowledge, experience and technology. Human capital is the unity of knowledge, simplicity, and skills that are used to satisfy multi-sided requirements of human and whole society. Initially, the concept of human capital was considered - education and professional habits, as a combination of investments in the human capacity that strengthened its labor skills. Currently it includes consumer costs - family costs on food, clothes, housing, education and cultural events, also state spending in this direction. The efficiency of the economy depends heavily on the preparation of highly skilled staff with effective investment. The economy in this direction implies a decrease in efficiency of the society and the complication of integration into the world economy. On innovative development, integration of science, production and service on quality hand, we are quite falling
2018-06-30
intellectual capital, and innovative resources problems and challenges
Summary According to the national reports system requirements national riches include the ability to use information, knowledge, experience and technology. Human capital is the unity of knowledge, simplicity, and skills that are used to satisfy multi-sided requirements of human and whole society. Initially, the concept of human capital was considered - education and professional habits, as a combination of investments in the human capacity that strengthened its labor skills. Currently it includes consumer costs - family costs on food, clothes, housing, education and cultural events, also state spending in this direction. The efficiency of the economy depends heavily on the preparation of highly skilled staff with effective investment. The economy in this direction implies a decrease in efficiency of the society and the complication of integration into the world economy. On innovative development, integration of science, production and service on quality hand, we are quite falling
2018-06-30
∘ Salome Maludze ∘
THE ROLE OF AUTOMATIZED SYSTEM OF CUSTOMER RELATIONSHIP MANAGEMENT (CRM) IN THE FUNCTIONING OF HIGHER EDUCATIONAL INSTITUTIONS
Summary In recent years, technological innovations are actively implemented in different areas, allowing companies to gain competitive advantages. Customer relationship management (CRM) university system is one of them, whose main value represents collected information in a single area. On the basis of its analysis, the following points are conducted: forming long-term interaction with students, attracting new ones, retaining old students, monitoring and establishing close relationship with graduate students. Research reveals that there are some shortcomings in the functioning of the system, no continuation of the education mode with the student, no flexible communication system, it does not include detailed information about the student's interests, the university does not continue to work closely with the graduate students. It obliges the implementation of existing criteria to universities, by Authorization Standards for Higher Education Institutions. We call the introduction
2018-06-30
THE ROLE OF AUTOMATIZED SYSTEM OF CUSTOMER RELATIONSHIP MANAGEMENT (CRM) IN THE FUNCTIONING OF HIGHER EDUCATIONAL INSTITUTIONS
Summary In recent years, technological innovations are actively implemented in different areas, allowing companies to gain competitive advantages. Customer relationship management (CRM) university system is one of them, whose main value represents collected information in a single area. On the basis of its analysis, the following points are conducted: forming long-term interaction with students, attracting new ones, retaining old students, monitoring and establishing close relationship with graduate students. Research reveals that there are some shortcomings in the functioning of the system, no continuation of the education mode with the student, no flexible communication system, it does not include detailed information about the student's interests, the university does not continue to work closely with the graduate students. It obliges the implementation of existing criteria to universities, by Authorization Standards for Higher Education Institutions. We call the introduction
2018-06-30
∘ Mehman Fuad oglu Najafli ∘
About some aspects of the investment climate and public investment in Azerbaijan
The primary necessary condition for the implementation of the state's investment policy is political stability within the country and its progressive economic development. Political stability and economic development of Azerbaijan in recent years have contributed both to the growing interest of foreign countries in long-term investments in the economy of Azerbaijan, and in increasing the volume of domestic investment. Over the past 15 years more than $ 230 billion has been invested in the Azerbaijani economy. Till now important laws have been adopted in the republic related to the inviolability of property, the protection of the rights and interests of investors, the creation of the same working conditions for local and foreign entrepreneurs, the unhindered use of the profits received. In this way the necessary legal framework has been created. One of the main and most reliable investors is the state as the largest public-legal institution with state-power powers to form,
2018-06-30
About some aspects of the investment climate and public investment in Azerbaijan
The primary necessary condition for the implementation of the state's investment policy is political stability within the country and its progressive economic development. Political stability and economic development of Azerbaijan in recent years have contributed both to the growing interest of foreign countries in long-term investments in the economy of Azerbaijan, and in increasing the volume of domestic investment. Over the past 15 years more than $ 230 billion has been invested in the Azerbaijani economy. Till now important laws have been adopted in the republic related to the inviolability of property, the protection of the rights and interests of investors, the creation of the same working conditions for local and foreign entrepreneurs, the unhindered use of the profits received. In this way the necessary legal framework has been created. One of the main and most reliable investors is the state as the largest public-legal institution with state-power powers to form,
2018-06-30
∘ Natalia Nechyporuk ∘
ASSESSMENT OF LAND RESOURCES IN ACCOUNTING
Summary Land resources are a unique object of accounting, which necessitates the development of an accounting system as well as land valuation approaches. Changing the economic content of land resources as an accounting object, and expanding the list of economic transactions carried out with land resources necessitate the establishment and further improvement of methodological approaches to their assessment. Implementation of European integration processes in the reform of the accounting system actualises the issue of rethinking the essence of land resources assessment, changing the understanding of its role in the economic environment of the business operation. The methodological principles for the formation of information on land resources in accounting are determined by the regulations of the land legislation and national provisions on accounting (accounting standards). Land resources are recognized as an asset if there is a probability that the enterprise will receive future
2018-06-30
ASSESSMENT OF LAND RESOURCES IN ACCOUNTING
Summary Land resources are a unique object of accounting, which necessitates the development of an accounting system as well as land valuation approaches. Changing the economic content of land resources as an accounting object, and expanding the list of economic transactions carried out with land resources necessitate the establishment and further improvement of methodological approaches to their assessment. Implementation of European integration processes in the reform of the accounting system actualises the issue of rethinking the essence of land resources assessment, changing the understanding of its role in the economic environment of the business operation. The methodological principles for the formation of information on land resources in accounting are determined by the regulations of the land legislation and national provisions on accounting (accounting standards). Land resources are recognized as an asset if there is a probability that the enterprise will receive future
2018-06-30
∘ Nino Sebiskveradze ∘
ESTABLISHING THE ORGANIZATIONAL CULTURE IN CORPORATIONS
Summary Every company has its own organizational culture, comprising the philosophy and principles of business management, the system of value, the standards of the behavior, the ways of solving problems, decision making tools, the labor atmosphere, the “folklore”-i.e the history of the company's values, taboo system or "unacceptable decisions". Organizational culture is a way of thinking and action means, which grew into habits and became a tradition. It is shared for some extent with all the employees of the organization. It should also be acquired and partially recognized by newcomers, otherwise they will not become full members of the collective. Organizational culture is a combination of behaviors, symbols, rituals and myths that match the values characterized by the organization and its shared values and transmitted to each member in a verbal form as a life experience. Influence of organizational culture and effect on business success, at first
2018-06-30
ESTABLISHING THE ORGANIZATIONAL CULTURE IN CORPORATIONS
Summary Every company has its own organizational culture, comprising the philosophy and principles of business management, the system of value, the standards of the behavior, the ways of solving problems, decision making tools, the labor atmosphere, the “folklore”-i.e the history of the company's values, taboo system or "unacceptable decisions". Organizational culture is a way of thinking and action means, which grew into habits and became a tradition. It is shared for some extent with all the employees of the organization. It should also be acquired and partially recognized by newcomers, otherwise they will not become full members of the collective. Organizational culture is a combination of behaviors, symbols, rituals and myths that match the values characterized by the organization and its shared values and transmitted to each member in a verbal form as a life experience. Influence of organizational culture and effect on business success, at first
2018-06-30
∘ Lasha Tabatadze ∘
Modern comprehensionof Macroeconomic Theory
Summary The present article discusses the issues of modern understanding of macroeconomic science in global economy, development aspects of macroeconomics as a science from decision of specific tasks to the formation of theory. There is overviewed on the one hand, the key issues of Keynesian models, macroeconomics research problems and their actuality, and on the other hand, the theory of new neoclassical synthesis, which is widely used in modern monetary policy studies The article describes some methodological contradictions between the two main macroeconomic directions – in the context of interaction of Keynesian and neoclassical macroeconomic theories. For example, Classical economists believed in the perfect market and “the invisible hand” managing the market equilibrium. The term ‘invisible hand’ was used by Adam Smith to denote un-observable market force that helps the demand and supply to reach equilibrium automatically. The theory
2018-06-30
Modern comprehensionof Macroeconomic Theory
Summary The present article discusses the issues of modern understanding of macroeconomic science in global economy, development aspects of macroeconomics as a science from decision of specific tasks to the formation of theory. There is overviewed on the one hand, the key issues of Keynesian models, macroeconomics research problems and their actuality, and on the other hand, the theory of new neoclassical synthesis, which is widely used in modern monetary policy studies The article describes some methodological contradictions between the two main macroeconomic directions – in the context of interaction of Keynesian and neoclassical macroeconomic theories. For example, Classical economists believed in the perfect market and “the invisible hand” managing the market equilibrium. The term ‘invisible hand’ was used by Adam Smith to denote un-observable market force that helps the demand and supply to reach equilibrium automatically. The theory
2018-06-30
∘ Nika Kitoshvili ∘ Ana Anushidze ∘
THE SPECIFIC ASPECTS OF THE ECONOMIC POLICY OF THE REPUBLIC OF AZERBAIJAN
Summary The purpose of this essay is to identify special aspects in the sphere of the economy of the Republic of Azerbaijan. We will use several methods for our purpose. Therefore, first of all, we will present a brief description of the economy of the Republic of Azerbaijan in 2003 - 2013. Secondly, we will analyze all current processes in the economy of the Republic of Azerbaijan as a former Soviet country. Finally, we will use economic and IR theories, as well as other examples of post-Soviet countries in the economy, in order to summarize the results and make an objective conclusion about special aspects of the economy of the Republic of Azerbaijan As for our goal, the article raises two key questions: First, what are the special aspects of the economy of the Republic of Azerbaijan? Secondly, are there similarities between the post-Soviet countries, in the sphere of the economy, or are they too different from each other to generalize our
2018-06-30
THE SPECIFIC ASPECTS OF THE ECONOMIC POLICY OF THE REPUBLIC OF AZERBAIJAN
Summary The purpose of this essay is to identify special aspects in the sphere of the economy of the Republic of Azerbaijan. We will use several methods for our purpose. Therefore, first of all, we will present a brief description of the economy of the Republic of Azerbaijan in 2003 - 2013. Secondly, we will analyze all current processes in the economy of the Republic of Azerbaijan as a former Soviet country. Finally, we will use economic and IR theories, as well as other examples of post-Soviet countries in the economy, in order to summarize the results and make an objective conclusion about special aspects of the economy of the Republic of Azerbaijan As for our goal, the article raises two key questions: First, what are the special aspects of the economy of the Republic of Azerbaijan? Secondly, are there similarities between the post-Soviet countries, in the sphere of the economy, or are they too different from each other to generalize our
2018-06-30
∘ Medea Shapatava ∘
Integration of Georgia into worldwide globalization process
Introduction Globalization is important for stable development of the world. It is the process which was born and then speeded-up by the technological progress on the Earth. If we tried to calculate the correlation between globalization and technological progresses in case if we could measure them we would definitely find a strong positive relationship. Georgia is making its first steps on the international market and in future is being considered to become a proud member of global International Economic Family. It is of a primary importance to determine main factors which extensively affect intensive integration of Georgia into worldwide globalization processes. Discussion Globalization and everything connected to it is very important for development of contemporary Georgia. This is a matter of harsh and severe competition with the developing countries, particularly countries of Caucasus region. The most important issue is the competitiveness integration
2018-06-30
Integration of Georgia into worldwide globalization process
Introduction Globalization is important for stable development of the world. It is the process which was born and then speeded-up by the technological progress on the Earth. If we tried to calculate the correlation between globalization and technological progresses in case if we could measure them we would definitely find a strong positive relationship. Georgia is making its first steps on the international market and in future is being considered to become a proud member of global International Economic Family. It is of a primary importance to determine main factors which extensively affect intensive integration of Georgia into worldwide globalization processes. Discussion Globalization and everything connected to it is very important for development of contemporary Georgia. This is a matter of harsh and severe competition with the developing countries, particularly countries of Caucasus region. The most important issue is the competitiveness integration
2018-06-30
∘ George Bregvadze ∘
THE BASIC STAGES OF ORIGIN AND DEVELOPMENT OF ROBOTOTECHNICS IS THE NEAREST PROSPECTS
Annotation The work deals with the basic stages of robototechnic development. There is a brief history of origin and development of robototechnic starting from ancient times to the present day. It is noted that since ancient times people tried to create and learn a lot of techniques that would simplify the work and make it easier. Over the centuries, the work of many inventors laid the foundation of robototechnica in the middle of the 20th century. The first such industrial robot was created by self-taught inventor George Devil. He has patented for his invention in the US and founded „Unimation“. This company is considered a pioneer for building robots. The development of robototechnics is increasing at a faster pace and therefore an assortment is increased. Mainly there are: industrial, military, household, educational, medical and toy robots. Accordingly, the world market of robototechnics has increased. The main buyers of industrial robots are Japan, South Korea,
2018-06-30
THE BASIC STAGES OF ORIGIN AND DEVELOPMENT OF ROBOTOTECHNICS IS THE NEAREST PROSPECTS
Annotation The work deals with the basic stages of robototechnic development. There is a brief history of origin and development of robototechnic starting from ancient times to the present day. It is noted that since ancient times people tried to create and learn a lot of techniques that would simplify the work and make it easier. Over the centuries, the work of many inventors laid the foundation of robototechnica in the middle of the 20th century. The first such industrial robot was created by self-taught inventor George Devil. He has patented for his invention in the US and founded „Unimation“. This company is considered a pioneer for building robots. The development of robototechnics is increasing at a faster pace and therefore an assortment is increased. Mainly there are: industrial, military, household, educational, medical and toy robots. Accordingly, the world market of robototechnics has increased. The main buyers of industrial robots are Japan, South Korea,
2018-06-30
∘ Anzor Abralava ∘ Rusudan Kutateladze ∘
FACTORIAL CLASSIFICATION OF STATE INTEGRATION POLICY
Summary Development of the international movement of the goods and its production causes the deepening of integration processes, which implies the existence of more reliable enterprise-selling links between countries, the removal of numerous barriers to international trade and production factors. This is only possible within the frames of intergovernmental integration union, which is based on multilateral political contracts and agreements. Economic integration is the process of economic interaction between the countries that are closer to their economic mechanisms on the basis of interstate agreements and regulated by interstate agencies. The effect of integration into the international economy is measured depending on the outcome of the economic union of the countries: whether it leads to free trade, and on the contrary, how much does it limit the trade stream. Under the General Agreement on Trade and Tariffs (GATT), it is possible to establish a customs union and free
2018-06-30
FACTORIAL CLASSIFICATION OF STATE INTEGRATION POLICY
Summary Development of the international movement of the goods and its production causes the deepening of integration processes, which implies the existence of more reliable enterprise-selling links between countries, the removal of numerous barriers to international trade and production factors. This is only possible within the frames of intergovernmental integration union, which is based on multilateral political contracts and agreements. Economic integration is the process of economic interaction between the countries that are closer to their economic mechanisms on the basis of interstate agreements and regulated by interstate agencies. The effect of integration into the international economy is measured depending on the outcome of the economic union of the countries: whether it leads to free trade, and on the contrary, how much does it limit the trade stream. Under the General Agreement on Trade and Tariffs (GATT), it is possible to establish a customs union and free
2018-06-30