The impact of political factors on Georgia's economic stability

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dc.contributor.authorMunjishvili, Tea
dc.contributor.authorKhurtsia, Lali
dc.contributor.authorGazdeliani, Irakli
dc.date.accessioned2026-03-12T12:35:22Z
dc.date.available2026-03-12T12:35:22Z
dc.date.issued2024
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dc.description.abstractThis study focuses on a comprehensive assessment of the resilience of Georgia's economy. The methodological framework of the research is based on the PESTLE analysis tool, specifically on its two main components – Political (P) and Economic (E) factors. Through this approach, the country's macroeconomic environment was analyzed, and the main factors influencing Georgia's economic stability and sustainable development were identified. The study examines the interdependence of political and economic factors, which includes the impact of political decisions on economic growth and the influence of economic conditions on political stability. The impact of international economic and political relations on the country's development is also analyzed. The research results are based on two main models: gravitational and logical-reflexive models, where exogenous variables with probabilistic values are used, allowing for the consideration of uncertainty in external factors and their potential impact on Georgia's economy. This approach facilitates the development of more realistic scenarios and better risk assessment.
dc.identifier.citationIX International Scientific Conference: "Challenges of Globalization in Economics and Business", Proceedings , Tbilisi, 2024, pp. 78-88
dc.identifier.isbn978-9941-36-414-3
dc.identifier.urihttps://dspace.tsu.ge/handle/123456789/2713
dc.language.isoother
dc.publisherIvane Javakhishvili Tbilisi State University Press
dc.titleThe impact of political factors on Georgia's economic stability
dc.typeArticle
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