Conference on Economic Development Models Held at GTU with More Than 160 Scientists

The 14th international scientific conference "Global Challenges and the Transformation of Economic Development Models" was held at the Georgian Technical University (GTU). It was organized by the GTU Faculty of Social Sciences, Akaki Tsereteli State University and Batumi Shota Rustaveli State University.

The conference was opened by GTU Vice-Rector, Professor Tamar Tsereteli. Guests invited to the event included Metropolitan of Manglisi and Tetritskaro, member of the Holy Synod, and head of the GTU Center for Theology Studies and Research, Bishop Ananias (Japaridze); Professor Romualdas Ginevičius of Mykolas Romeris University; Professor Ilgar Mamadov of the Baku Business University; Professor Vladislava Petrashkevichiute of Vilnius Gediminas Technical University; and Professor Stanisław Bielski of the University of Warmia and Mazury.

According to Tamar Tsereteli, the conference brought together more than 160 scientists, researchers and doctoral students from various countries and presented 72 scientific reports. She further stated that "internationalization of science, deepening academic cooperation and promoting research-based development are a priority for the Georgian Technical University".

In addition to the foreign guests, scientists and researchers from Tbilisi State University, the International Caucasus University, Akaki Tsereteli State University, GTU and its research centers took part.

Three sections operated at the conference: sustainable development problems of the economy and transformations caused by global challenges; main directions of development of national economy sectors; and legal, political and philosophical aspects of national economic development.

Plenary sessions discussed the role of artificial intelligence in economic forecasting, the impact of central bank digital currency (CBDC) on the banking system, green energy development and economic policy, results of privatization of public sector enterprises in Georgia, transformation of Georgia's transit potential, digital transformation of the labor market, and transformation of the modern social state. Also discussed were the use of digital technologies in human resource management, sustainable development strategies for the region, infrastructure security and the economic value of nature.