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Analysis Of The Formation And Use Of Budgetary Policies Ensuring The Socio-Economic Development Of Territorial Units

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  • George Abuselidze

    (Batumi Shota Rustaveli State University, Georgia)

Abstract

The main function of the state in nowadays-civilized world is to maintain the macro-economic proportions throughout the country and avoid financial and economic crises in regions that have priority in the formation of the new economic system in Georgia. The object of the research is the formation and use of Budget policy of Georgia; One of the most problematic places is socio-economic development of territorial units; As a result of the research it is shown that current economic and political system’s radical transformation process, creation of new economic system and ensuring its efficiency, requires mobilization of huge financial resources, which is impossible without proper functioning of the financial mechanism. This in turn requires implementation of sufficient financial and economic policy. The government should take responsibility of supporting financial-economic independence for territorial units. In the future, the proposed forms of financial mechanisms and features of use for the arrangement and territorial integrity of the government.

Suggested Citation

  • George Abuselidze, 2019. "Analysis Of The Formation And Use Of Budgetary Policies Ensuring The Socio-Economic Development Of Territorial Units," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2 Year 20, pages 3-15.
    • Handle: RePEc:dat:earchi:y:2019:i:2:p:3-15
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    File URL: http://hdl.handle.net/10610/4126
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    References listed on IDEAS

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    Cited by:

    1. Kekelidze, Lia, 2021. "Инвестиционната Среда И Проблемите На Придобиването На Собственост Върху Недвижими Имоти В Грузия От Инвеститори [The investment environment and the problems of origination of Investors’ ownership over real estate in Georgia]," MPRA Paper 109051, University Library of Munich, Germany.
    2. Abuselidze, George & Mamuladze, Linda, 2020. "The Peculiarities of the Budgetary Policy of Georgia and the Directions of Improvement in Association with EU," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 73.

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    More about this item

    Keywords

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    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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