The role and significance of leasing in market economy conditons

Vasili Kikutadze

Over the past decade leasing won general recognition, and developing at very high rates, it became most popular as an alternative method of investments in fixed assets.

Leasing is one of privity under market conditions. Scale of leasing transactions in the countries with market economy is constantly growing, and the sphere of their effect is increasing as well. Under the conditions of less financial exertion, leasing allows considerable renewal of key assets of enterprises, and contributes to making production and technical base competitive. Different strategies of development of technologies in Georgia are considered in the article. Out of them, the priority is given to the so called strategy of “transfer of technics” through buy back leasing. The grounds for this choice are given.
It is clear from the above-stated that leasing is a highly effective method of investment and is profitable for participants of leasing operations and the whole state.