Browsing by Author "Gvelesiani, Revaz"
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Item Conflict of economic interests - an identifying form of contradictory interrelation of the basic public values(Ivane Javakhishvili Tbilisi State University Press, 2019) Gvelesiani, RevazCore values (freedom, justice, security and progress) are always based on the economic well-being of society. However, it should be emphasized that the current level of economic development is a necessary but insufficient condition for the development of society and the well-being of each of its members. The core values of society often arise from conflict-ridden democratic processes. However, the problems start to arise exactly when it comes to specifying economic-political goals (in terms of identity, harmony, neutrality, conflict and mutuality), the situation becomes extremely difficult and conflicts of economic interest arise. Prevention of these conflicts by the instruments of the legislative field is characterized by temporary positive effects in the short-run period, and in the long-run period it can be very complicated and antagonistic. This process is a necessary and essential precondition for the prevention of risks associated with the implementation of rational economic policies. Clearly, only the developed society can afford the expensive resources for coherent, long-term and cautious economic policy-making and its effective implementation.Item Evaluation of the decision-making process in economic policy(Ivane Javakhishvili Tbilisi State University Press, 2021) Gvelesiani, Revaz; Tsertsvadze, AlexanderThe preparation and adoption of sound economic policy decisions depends on: • How well the action capabilities are empirically secured and their expected outcomes, e.g. How rational the existing and acceptable knowledge of management is; • To what extent is the problem of preparation and decision making subject to analytical explanation (based on the logic of the decision). Practical knowledge of management is usually more limited, the less the recommended actions involve or abstain from previous activities (ie, the further away they are from theoretical-economic experience). Analytical access to problem solving is hampered by the complexity of well-thought-out actions. The assessment of the problem status and range of decision-making in economic policy depends on how the implicit actions are perceived, the changes and development of the target state of society.Item The problem of compliance of the framework conditions of the policy of economic order with the basic social values(Ivane Javakhishvili Tbilisi State University Press, 2019) Gvelesiani, RevazAn essential component of economic policy problems is the divorce between reality and the desired socio-economic situation. In order to overcome this problem, the necessary condition is to comply with the basic public values (freedom, justice, security, progress) of the economic policy objectives and the decisions taken to implement them. This is what determines both the rationality of economic policy decisions and the effectiveness of their implementation in practice. The economic order and legal-legislative system must always be focused on the core public values and goals. This is why economic order policy strives to achieve consistency between the public value system and the formation of framework conditions of economic order. This makes it clear that order politics is of instrumental nature in achieving sociopolitical goals and it is fundamentally different in different socio-economic systems (Gvelesiani, Gogorishvili, 2018, 11). The more the ability to self-regulate market coordination is expected during the formation of framework conditions of economic order, the less the risk of random interventions. Priority is given to consistent, long-term and cautious economic policies. Particular caution should be exercised when trying to establish the framework conditions of economic order with the aim of improving self-regulation of market coordination.Item Progress is the driving force behind changes in state and business economic policies(Ivane Javakhishvili Tbilisi State University Press, 2018) Gogorishvili, Irina; Gvelesiani, RevazThe paper examines the relationship between the state's economic policy and progress as a fundamental public value. On the basis of their analysis, opinions were developed in connection with the criticism of the knowledgeoriented cognition theory. Criticism is not directed against progress but only against the position that overestimates the cognitive abilities of the mind. The digital world created by scientific and technological progress completely changes the attitude towards progress (as a social value). The general goal of the policy of development of the digital economy is also considered in the work. It is justified that this goal is constantly changing. This happens because the goal follows from the postmodern paradigm of development processes and focuses on people.Item The European Union's new approach to industrial policy(Ivane Javakhishvili Tbilisi State University Press, 2023) Gvelesiani, Revaz; Gogorishvili, IrinaThe EU has always understood that its current prosperity is based on the ability of a regional association to create and master industrial innovations as a key factor in ensuring economic growth and social progress. Today, industrial innovation is the main driver of economic and social prosperity. They accelerate economic growth, create new and more attractive jobs, provide social mobility, prevent negative climate change and improve the quality of life. At the same time, the very nature of industrial innovation is changing. Their life cycle is drastically reduced. Complexity is increasing as a result of the convergence of different types of technologies. Profits from industrial innovations are concentrated in the hands of individual companies that dominate the world market, which have managed to monopolize their creation and distribution through the use of their unique properties. Innovations are increasingly focused on the buyer, who is looking not for a product or service, but for a solution to his specific problem. He acts today as the initiator and creator of progress, and not as a consumer of what has been achieved. Research scientists show that modern industrial innovations are characterized by relatively low operating costs compared to traditional ones.