Financial Crisis and Adventures of the Georgian Lari

$95.00

Series: Business Issues, Competition and Entrepreneurship
BISAC: NAT011000

Today, it is necessary to learn about current changes in the economy of certain countries such as the Republic of Georgia, the reasons concerning the sharp fall of the exchange rate of the Georgian lari, ways to prevent expected inflation, and finally, the Author examiens ways to develop reliable facilities and sources for saving national currency.

The purpose of this book is to develop recommendations for the root cause analysis; substantiate the inevitable devaluation of the Georgian lari; develop correct monetary and fiscal policies; regulate the exchange rate of the lari; provide recommendations on how to extend the economy of the country and increase foreign investments; create an attractive investment climate and activate large investment projects; and raise the potential of export and improve incentives.

Due to the fact that this monograph is written in English and that it will introduce a wide range of societies within the world, the author considers it necessary to attach a brief set of chronicles and illustrations of the national currency of Georgia.
Results of the study within the monograph are represented in the form of ten economical axioms of solving problems. Their implementation will support general sustainability of the economy, implement correct management of monetary and fiscal policies of the country, and improve the attractiveness of the investment climate among other projects as well. For visual aid, this book includes charts, tables, and samples of ancient Georgian money. (Imprint: Novinka)

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Table of Contents

Table of Contents

In Lieu of a Preface

Chapter 1. When and Why Drop in the Exchange Rate of Georgian Lari Began?

Chapter 2. What Gives Rise to Deepening of Tax Deficit?

Chapter 3. Does Foreign Debt Influence upon Exchange Rate of Georgian Lari?

Chapter 4. What are Outcomes of Georgian Lari and Whose Fault Is It?

Chapter 5. How Fiscal Policy of Government Influenced upon Changing of Exchange Rate of Lari?

Chapter 6. What Can We Do to Save Georgian Lari and Georgian Economy?!

Chapter 7. Chronicles of the Georgian Origin of the Money

In Lieu of a Conclusion

Brief Conclusion

Appendices

Bibliography

Index

References

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Exchange Rate Fluctuation is a Normal Phenomenon, though These Changes shall not be in One Direction/Banks and Finances. #401. April, pg. 9.[18] Griffiths, M. Processes Related with Exchange Rate of Lari Entirely Depends on External Factors/Banks and Finances. #397. pg. 2.[19] Silagadze, A. 2045. Only “Tightening Belts” Will Not Be Enough For Crisis Overcoming/Kviris Palitra, March 15.[20] Toqmajishvili, M. 2015. Why Is Lari Predicted to Have Hard Autumn/Kviris Palitra, August 10-16. pg. 33.[21] National Bank of Georgia. Annual Report. 2014. pg. 31-32.[22] JSC Partnership Fund. About Us; Investment Activities.[23] Kovzanadze, I. 2015. Partnership Fund will Provide Market in 2015 150 Million US Dollars in the Form of Capital. www.BFM.ge. #408. May. pg. 9.[24] Quistauri, L. 2015. Opportunities for Influencing Exchange Rate of Lari with Monetary Instruments. www.BGM.ge. #418. July. pg. 3.[25] Basilia, T. 2015. Present State of Banking Sector Does not Allow Positive Assessment of the Supervisory Service. www.BFM.ge. #419. August, pg. 3.[26] Kalandadze, L. 2015. Currency Machinations in the Country of “Winged Angels”/Saqartvelos Respublika, No. 98, May 30, pg. 3.[27] Namchadze, B. 2026. According to Nodar Khaduri, Budgetary Costs Have not Give Rise to Devaluation of Lari/Premieri. FactCheck. February 12-18. pg. 22.[28] Archvadze, I. 2015. In Search of the Protagonist of Devaluation of Georgian Lari / Saqartvelos Respublika, March 21. pg. 9.[29] Gharibashvili, I. 2015. Expressed Speculation and Resonance Takes Place in Connection with Exchange Rate of Lari/Saqartvelos Respublika, August 26, No. 159. pg. 2.[30] Chichinadze, N. 2015. National Bank Fails to Fulfill Requirements of the Monetary Fund. www.BFM.ge<http://www.BFM.ge> #419. August, pg. 5.[31] Kakulia, M. 2015. 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Modern Money and Money Circulation. Manual. pg. 318.[40] Anguridze, O. Charaa, V. Dogonadze, I. 2015. Security Problems & Modern Challengers of the Georgian National Currency. TSU. Center for Analysis and Forecast. g. 54.[41] Qistauri, Sh. 1993. National Currency (Past, Present, Future). Tbilisi. pg. 80.[42] Newspaper “Bank,” 1993, March 13.[43] Qistauri, L. 1996. National Bank (Formation, Activity, Future). Tbilisi; pg. 76-80.[44] Fedyakina, P.N. 2005. International Finances. M., pg. 450 (in Russian).

Audience: For economists, businessman’s, banking sector, students, etc.

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