THE IMPACT OF EXTERNAL DEBT ON INFLATION RATE IN GEORGIA
THE IMPACT OF EXTERNAL DEBT ON INFLATION RATE IN GEORGIA
Author(s): Keti TskhadadzeSubject(s): National Economy, Business Economy / Management, Economic development, Financial Markets
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: Currency risk; exchange rate; external debt; Georgia; inflation;
Summary/Abstract: The purpose of this paper is to analyze the impact of external debt on inflation rate in Georgia. As external debt plays significant role in country’s development it is important to examine the relationship between the levels of external debt and its impact on GDP development and inflation. For analyzing the correlation between the external debt, economic growth and inflation we use the data that goes back to 15 years. We use an empirical investigation in order to see how the effect of external debt on inflation varies with financial market development.
Journal: Ecoforum
- Issue Year: 8/2019
- Issue No: 2
- Page Range: 0-0
- Page Count: 4
- Language: English