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Problems of State Debt Management in Georgia

Author

Listed:
  • Lela Bakhtadze

    (Ivane Javakhishvili Tbilisi State University)

  • Keti Tskhadadze

    (Ivane Javakhishvili Tbilisi State University)

Abstract

One of the topical problems of modernity is the investigation of the reasons, which had caused origin of the state debt, its assessment criteria and indicators. The article has investigated reasons causing both the permanent growth of domestic and external debts of developing and post socialist countries and their debt crisis. The article analyzes economic, social and political developments resulting the permanent growth of domestic and external debt in developing and post socialist countries.There are set out conclusions for regulation of financial, foreign exchange, foreign and trade relations. The article suggests concrete efforts aimed to overcome debt crisis. For this reason we suggest to use universal recognized methods and mechanisms, which will support to overcome the debt crisis.

Suggested Citation

  • Lela Bakhtadze & Keti Tskhadadze, 2019. "Problems of State Debt Management in Georgia," Proceedings of Economics and Finance Conferences 8911445, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:8911445
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    File URL: https://iises.net/proceedings/11th-economics-finance-conference-rome/table-of-content/detail?cid=89&iid=004&rid=11445
    File Function: First version, 2019
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    Citations

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    Cited by:

    1. Lela Bakhtadze & Salome Danelia, 2020. "The Major Determinants of Innovative Environment Formation in Georgia," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 243-249, June.

    More about this item

    Keywords

    State Domestic Debt; State External Debt; State Debt Management; Debt Crisis; Debt Burden.;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H79 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other

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