The Concept of Sustainable Larization and the Importance of Development, Challenges and Prospects in Georgia
Year: 2025
Type: article
Abstract: Sustainable larization is a key issue for the country's development in Georgia. Ensuring long-term safe economic growth is unthinkable without the sustainable larization process, where the country's economic policy and economic and financial strategies play a key role, which must comply with the country's economic, political and social requirements. As with any country, the national currency of Georgia (Lari) is one of the most vulnerable links in the country's economy and finances, which takes on external and domestic economic fluctuations. Sustainable larization aims to create economic, financial and social concepts for the country that provide opportunities for long-term and sustainable development. The concept of sustainable larization primarily considers the promotion of the country's economic and financial stability and social equality. The paper discusses the importance of the concept of sustainable larization, the main challenges and prospects of the larization process in Georgia. The paper aims to analyze the sustainable larization processes in Georgia, their challenges and effective strategies that will contribute to the sustainable development of the country. It includes an overview of the economic and financial situation of Georgia, which allows us to formulate specific challenges for the country that affect the process of sustainable larization. The focus is on the concept, prospects, opportunities and its impact on the socio-economic context of Georgia.
Source: ГРААЛЬ НАУКИ
Authors: David Tchiotashvili, Khaliana Chitadze
Institution: Gori State University
Language: English
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W7168366136