HISTORICAL PARALLELS OF THE NATIONAL ECONOMIC DOCTRINES

Avtandil SILAGADZE

Abstract


Historical experience shows that problems of economic development in certain countries are linked to the rational use of economic resources. It is not accidental that this issue was of high importance as early as in the 19th century in Georgia. An outstanding Georgian writer Ilia Tchavtchavadze (1951-1961) and other researchers (see References) dedicated interesting works to studying this problem. Like German national economic doctrines, Ilia Tchavtchavadze was much concerned with the priorities of national economy. Based on the research results, the present work provides conclusions that Ilia Tchavtchavadze’s economic doctrine complies with German as well as classic economic doctrines with the only difference that development of Georgian economy should start with the development of agriculture; complies with free trade policy; gives great importance to building railway network and Batumi-Baku pipeline, development of oil industry, co-existence of private and community ownership and inadmissibility of forceful infringement of such ownership; lays foundation to building of an independent banking system in Georgia.

Keywords


German school, national economic doctrine, post-Soviet economy

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