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Other literature type . 2019
License: CC BY
Data sources: Datacite
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Other literature type . 2019
License: CC BY
Data sources: Datacite
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Article . 2019
License: CC BY
Data sources: ZENODO
Journal of Economics and Business
Article . 2019 . Peer-reviewed
Data sources: Crossref
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Green Economy and Access to Finance in Georgia (Going Beyond the Commercial Banking Sector to Finance Businesses in Georgia)

Authors: David Aslanishvili; Kristine Omadze;

Green Economy and Access to Finance in Georgia (Going Beyond the Commercial Banking Sector to Finance Businesses in Georgia)

Abstract

In this article we have overviewed the green economy recent trend and situation in Georgia. Our research has studied the financial vehicles that go beyond traditional sources of private capital offered by commercial banks. We have studied the international experience and the opportunities to use public support, green bonds to raise green finance as well as the work of energy service companies (ESCOs) to finance green investments. We have highlighted the present conditions of Georgia and proposed some ideas about how to turn Georgia from a backward country into a developed one. In that field it is studied the readiness and the importance of the strong and reliable green energy economy for sustainable economic growth, their interaction, the luck of market tools and market price (capitalization) in Georgia. At the same time, we have highlighted and presented the negative gap between the per capita GDP of Georgia and developed countries, like Switzerland, Hungary and Poland and the Europe. Also, it had investigated the problems of stock market in Georgia and the ways how to encourage economic growth in Georgia based on modern market tools and green bonds issues.

Keywords

Economy Growth, Green economy, GDP, Energy Policy, Stock Market

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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