David Shavianidze
Associate Professor, Akaki Tsereteli State University
George Gavtadze
Professor, Akaki Tseeteli State University
Abstract
In modern conditions, economic well-being is influenced by various factors, including national traditions and individual actions based on them: access to resources, income inequality and social protection, financial literacy, and so on.
The interdependent actions of society and individuals have always been characteristic of our country’s everyday life, and not only in the economic aspect. A culture of cooperation and risk-sharing, inclusiveness, fair taxation, gender equality, and more have not only provided the foundation for a strong economy and a “well-ordered existence” for the family (by promoting productivity and common well-being that benefits all citizens), but also shaped national consciousness and created the basis for statehood.
To understand whether policies are improving lives, we need to look “beyond the GDP figure” and consider a broader range of economic, social, and environmental outcomes for people. This also allows us to understand what is important to people and what drives their behavior.
In addition, we believe it is essential to consider the issue in a historical context, which will allow us to observe the process and its consequences.
It is necessary to study the indicators by which the well-being of individuals, families, society, the state, and, most importantly, future generations were assessed, especially during times of profound changes and transformations. This is precisely the purpose of the research within the framework of this article.
To achieve the goal, ethnographic materials (reflecting beliefs, “household-household”, “protective”, “labor, production management in harmony”, “meals”, “chief’s bite”, “one sum”, etc.) obtained from various regions of Georgia were used, which reflect the socio-economic life of the inhabitants of various historical-ethnographic regions of Georgia, the historical experience of conducting farming, economic cooperation and the experience of regulating other related, everyday issues, both in the family and in society.
Keywords: Economic Well-Being; National Traditions; Social Capital; Ethnographic Analysis; Inclusive Development
JEL: I31; Z13; N35
DOI: 10.52244/c2025.36
The article is in Georgian.
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