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Monetary System of Georgia in XI-XII centuries and its Effect on Economic Activity

George Abuselidze ()

MPRA Paper from University Library of Munich, Germany

Abstract: This works covers peculiarities of formation of Georgian monetary system in XI-XII centuries and their effect on the international financial and economic relations. In this works we have researched the matters of formation of monetary policy of feudal age and their effect on development of foreign trade, methods of money formation important for the present world, which correct choice may provide increase of production volume and economic activity. Currency policy, geopolitical and geostrategic localization proved the country to turn into one of the economically strong economic states with high standard of life, developed system of socioeconomic relations approached to the international standards and democratic institutions.

Keywords: History of Economy; Economic Development; Monetary Policy; Monetary System; Economic Activity. (search for similar items in EconPapers)
JEL-codes: E42 E52 N13 N15 O1 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cis, nep-cwa, nep-his, nep-mac and nep-mon
Date: 2018-01-21
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Working Paper: Monetary System of Georgia in XI-XII centuries and its Effect on Economic Activity (2018) Downloads
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