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  5. Volume 9, Issue 4 (2020)
  6. The Impact of Various Currency Regimes o ...

Journal of Security and Sustainability Issues

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The Impact of Various Currency Regimes on Economic Development Facets: Case of Georgia
Volume 9, Issue 4 (2020), pp. 1445–1457
Nodar Chinchaladze  

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https://doi.org/10.9770/jssi.2019.9.4(27)
Pub. online: 30 June 2020      Type: Article      Open accessOpen Access

Published
30 June 2020

Abstract

For any business decision, it is important to have grounded information about possible consequences of this decision. The goal of this paper is to show that performance of business companies depends on the currency regime. Therefore, decision makers have to weight decisions about currency regimes in any country, especially developing one. The author of presented paper raises a question what currency regime is better for Gorgia. In his research, on one hand, he relies on opinios of local business companies, and, on the other hand, analyses experiences of different countries, which alredy have made one or another decision in this area. The formulated insights contribute to this scientific field and may have grounded economic policy implications, facilitating economic development of Gorgia, or any other country, which is in similar path of economic development.

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Keywords
dollarization stability value of money durability of money devaluation sound money

JEL
E000 E420 E310 F310 G380 M210

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Generolo Jono Žemaičio Lietuvos karo akademija Šilo g. 5A., LT-10322 Vilnius, el.p: lka@mil.lt

General Jonas Žemaitis Military Academy of Lithuania  Šilo Str. 5A, LT-10322 Vilnius, Lithuania, e-mail: lka@mil.lt

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