LINEAR ECONOMY AND CIRCULAR ECONOMY - CURRENT STATE ASSESSMENT AND FUTURE VISION

  • David Gubeladze Doctor of Technical Sciences, Professor of Georgian Technical University, Faculty of Agrarian Sciences and Biosystems Engineering
  • Solomon Pavliashvili Doctor of Economics, Professor of Georgian Technical University
Keywords: circular economy, recycle, agricultural production, effective management, business risks

Abstract

Economic Research of Agricultural Activities in Georgia, based on the experience of developed countries, it has become apparent that the key to comprehensive management of economic efficiency is the transition to a circular economy, which implies the creation of an alternative model to the traditional linear economy. In the proposed model, agricultural products will have maximum use in terms of yield, and the remaining agricultural products, given the value of each production cycle, are given the opportunity for new consumption after processing. The purpose of this paper is to present a new model of effective economic management of agricultural production based on the principles of circular economy.

References

Pavliashvili S., Dr Dariusz Edward Prasek, Accelerating Transition to the Circular Economyin Georgia, „Moambe“ GeorgianAcademyPress, vol.14, Tbilisi, 2020.

Pavliashvili S., Accelerating Georgia's Transition to a Circular Economy, Georgia Today, 1258, 2020

Pavliashvili S., The World Economic CrisisThe Georgia, The Caucasus & Clobalization, Volume5,Isue 3-4. SWEDEN.2011

Pavliashvili S., Zigzags of inflation in Post-Soviet Georgia, San-Fransisco, 2011.

Gubeladze D., Irrigation & Drainage Systems of Georgia and Environmental Protection V International Scientific and Practical Conference "Modern Scientific Achievements and Their Practical Application", International Academy Journal, “Web of Scoular” October 31, Dubai, UAE, 2017.

Gubeladze D.- Priorities for Agriculture Support Services in the Irrigation and Drainage Areas in Georgia IV International Scientific and Practical Conference “ Topical Problems of Modern Science and Possible Solutions” International Scientific and Practical Conference “WORLD SCIENCE” 10(26), Vol.1, October 2017 Multidisciplinary Scientific Edition RS Global IV Dubai, 2017.

Published
2020-12-13
Citations
How to Cite
Gubeladze, D., & Solomon Pavliashvili. (2020). LINEAR ECONOMY AND CIRCULAR ECONOMY - CURRENT STATE ASSESSMENT AND FUTURE VISION. International Journal of Innovative Technologies in Economy, (5(32). https://doi.org/10.31435/rsglobal_ijite/30122020/7286
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