The contemporary financial crisis has transformed into economic crisis. The occurrence of financial crises has encouraged the emergence of a kind of routine which guarantees the stability of a government's bailout programmes implemented through the banking sector in support of de-facto bankrupt...

After the collapse of the Communist regimes, the countries of the former Soviet Union found themselves with only a very small amount of goods to supply to the global market. An economy of this type is nothing more than a 'necroeconomy.' Dead firms ('zombie-firms') do exist and 'successfully'...

Currently, the Black Sea Region1 is not as integrated economically as to allow one to outline some common development trends of all regional economies. The most of the region's nations (Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Moldova, Romania, Russia, Serbia, and Ukraine), except Greece...

The current situation in the world has inverted the perspective, showing us that the coronavirus and its global spread are already causing a widespread economic crisis. Today the economy is a hostage to medicine. The spread of the coronavirus has given rise to ideas that oppose free trade...

Paper provides an analysis of public debt problem in the Caucasian countries of Armenia, Azerbaijan, Georgia, Iran, Russia and Turkey during the economic crisis under the COVID-19 pandemic. It also discussed some closely related issues, such as inflation, economic growth, employment,...

Among the many problems caused by the coronomic crisis is the quick and substantial growth of the public debts of states. This problem is pressing for Georgia as well. In order to overcome the problems caused by the COVID-19 pandemic, the Government of Georgia managed to attract external debt...

According to the World Bank statistical data, a leading G20 country in economic growth in the post-crises period is China. Appearing next after China in economic growth in the post-crises period are Indonesia and India. The paper proposes adjusting the levels of economic growth based upon the...