Investment capacity of the country economy (on the example of Georgia)

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Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
The article discusses the factors of the functioning of the economy - land, capital, labor. particular attention is paid to the issues of investment in these factors and their capacity. The idea of measuring the investment intensity of the country's economy is proposed - in qualitative and quantitative terms. In the first case, we are talking about the content of investments in industry, agriculture, construction, financial services, non-manufacturing, etc., in the second case, about the volume of these investments. The hypothesis is put forward that excessive investment in the country's economy can cause the economy to overheat, as well as contribute to the emergence of corruption in society and the economy, which slows down its economic growth. The so-called "production possibilities curve" can conditionally act as a limiter of excessive investments in the economy. The upper point located outside the curve of production capabilities (inaccessibility) can be conditionally considered a point indicating the inexpediency of excessive investment.
Description
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Keywords
ინვესტიცია; ეკონომიკის ფუნქციონირების ფაქტორები; ინვესტიციატევადობა; წარმოების შესაძლებლობების მრუდი; ეკონომიკის გადახურება; კორუფცია ეკონომიკაში; საინვესტიციო პოლიტიკა
Citation
International Scientific Conference Dedicated to the Establishment of the University and the 100th Anniversary of the Faculty of Economics and Business “Covid 19 Pandemic and Economics”, Tbilisi, 2022, pp. 50-62
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