ECONOMIC GROWTH OF GEORGIA AND SOCIAL PROBLEMS

Merab Julakidze

JEL Classifications: O4, O11, O40, I3, I30

https://doi.org/10.35945/gb.2021.12.020

ECONOMIC GROWTH OF GEORGIA AND SOCIAL PROBLEMS

Author: Merab Julakidze | Published: 2021-12-15 | Pages: 140 – 143

Full Text

For Citation: Julakidze, M., (2021). Economic Growth of Georgia and Social Problems. Globalization and Business. 12, 152-154. https://doi.org/10.35945/gb.2021.12.020

Abstract

Generalization of macroeconomics dynamic model is mean of multipliable influence in different directions of Technological progress on economic growth, connection between production and its intensification on non-production factors, and optimal component criteria for social-economic intensification process. The Spline structure of Production Function is an efficient tool for establishing the dynamics of its parameters, which, in turn, makes it possible to correlate the efficiency of the production factors and their combination with the potential of the intensification factors: scientific-technical, educational, and organizational. Application of ultimate model for creation of aggregate figures’ movement, rates and proportions and reaching of social purposes and their dynamic results: prediction of normative genetic consumption demand calculation on a person, public and state.

Keywords

Economic Growth, Technological Progress, Generalization Macroeconomic Model, Factors of Intensification, Social Stability

References

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