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Values and Principles in Ilia Chavchavadze’s Thought: Interpretation in the Modern Economic Context

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Shota Veshapidze

Doctor of Economic Sciences, Associate Professor, Iane Javakhishvili Tbilisi State University.

Abstract

Research Objective: The intellectual legacy of Ilia Chavchavadze, one of the most prominent public figures of the 19th century, represents a comprehensive doctrine concerning the formation and development of Georgia as an independent and progressive state. Chavchavadze strongly emphasized the protection of fundamental values — homeland, language, and faith — which he regarded as essential prerequisites for strengthening national identity. His vision encompassed cultural, political, and economic dimensions and clearly outlined the country's path toward European orientation.

The primary objective of this study is to analyze Ilia Chavchavadze’s economic views in relation to European values, adapted to contemporary realities. The research aims to highlight those aspects of his thinking that remain relevant today and serve as important resources for addressing the strategic challenges facing the country.

Methodological Approach: This research is based on an in-depth analysis of Ilia Chavchavadze’s works, in which several key themes are distinctly emphasized: the value-based assessment of economic development, the paramount importance of national interests, the significance of private property and competition, the advancement of the agrarian sector, international trade relations, strategies for attracting investments, issues related to the global division of labor, principles of functioning for state and local self-governance, the transformation of economic thought in the context of globalization, and the search for optimal models that merge national and European values.

The analysis employs various scientific methods, including historical and evolutionary development approaches, logical-deductive and inductive reasoning, comparative analysis, and synthesis. The study also incorporates the perspectives of authoritative researchers whose views align with Chavchavadze’s intellectual framework.

Key Findings and Applications: Over a century ago, Ilia Chavchavadze laid the foundation for a methodology of studying economic processes based on value-driven and ethical analysis approaches. His insights possess not only theoretical depth but also practical applicability, which remains highly relevant both for conducting modern research and for implementing its outcomes in practice.

Chavchavadze’s ideas can be effectively applied in various ways to assess contemporary economic challenges, enabling the formulation of alternative and scientifically grounded solutions.

Keywords: value-based foundation of economic development; participation in the global division of labor; values and objectives of the European Union; adaptation to national needs.

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