Journal of Security and Sustainability Issues

The scientific article outlines the main aspects of deploying a creative economy and shaping its impact on the security of world countries’ development, especially in the context of national innovation policy. The current power balance in the world regarding the development of a creative economy, the dynamic modeling and analysis of various aspects of the creative economy have been determined in the article. A Summary of indicators and factors for assessing the level of achievements of the creative economy and its relation to the security of individual countries has been carried out.

This paper has aimed to consider how government expenditure contributes to economic growth by focusing on both the level and composition of government spending, in connection to the dynamics of GDP per capita growth. The investigation covers the period from 1997 to 2017. The authors have applied total expenditure approach analyzing interrelationships between government expenditure and economic growth and division approach examining and comparing the distributions of government expenditure in the selected European Union countries. The authors have applied descriptive statistics, the Pearson’s correlation, intensity rate of structural changes and Finger-Kreinin indicator. The findings have suggested the following: 1) there is no evidence on the relationship between general government expenditure and economic development in the European Union countries; 2) the countries with a greater proportion of productive spending, such as Cyprus, Greece, Lithuania, Hungary, Estonia, Slovakia have a low GDP per capita indicator. Economically strong countries, such as Denmark, France and Sweden have relatively low level of productive expenditure; 3) economically stronger countries have more stable compositions of government expenditure than economically weaker ones; 4) the countries with a similar real GDP per capita have been characterized by more similar government spending structures. As the economic gap between countries grows, divergence in allocation of government spending increases. The findings of this research could provide important guideline for the managing of government expenditure in the European Union countries. Moreover, it can serve as a guideline to a public budget management in the countries under consideration.

The aim of the present study is to consider a range of problems that are to be solved during the implementation of projects that are aimed at increasing the access to healthcare and based on the achievements of the new technological order on the example of Latvia, primarily the e-health project. Since January 1, 2018, the use of the e-health system in Latvia is mandatory, but so far only the “Digital Prescription (e-prescription)” project has been functioning at full capacity. The experience with the introduction and use of digital medicine in Latvia indicates a large range of problems faced by state institutions and local self-government institutions, medical establishments, medical personnel, and patients. A systematic vision of the problems of implementing digital medicine requires a necessity at least to take into account and solve seven relatively independent tasks: technical and technological, economic, legal, organizational, managerial, social, psychological, and cultural ones. In terms of systemic vision, the assessment of these aspects of the e-health programme implementation is presented by means of an extensive use of data retrieved from international organizations, Latvian state statistics, scientific research studies, including the ones carried out by the authors. The main conclusion of the study is the need for the theory and the practice of the increasing access to healthcare based on digital medicine, taking into account a more complete variety of factors that stimulate and constrain this process, and involving specialists from the sphere of social sciences.

The scientific paper identifies strategic motivational factors for using mergers and acquisitions to maintain a high level of investment security. Investment security models in mergers and acquisitions based on the concepts of value attractiveness and discounting corporate cash flows during growth has been developed and practically tested. A parametric relationship has been formed between the price of the shares of the integration corporate structure and the initial conditions of the integration transaction for both the acquiring corporation and the target corporation with a view to fair distribution of benefits from mergers or acquisitions.

The objective of this empirical research is to analyze the risk-return through financial ratios as determinants of stock price in ASEAN region. To address this purpose, business firms from Malaysia, Indonesia, Thailand and Singapore are selected with a sample of 10 firms in each state over 2012 to 2016. Multiple regression technique is applied to analyze the relationship between financial ratios and stock prices. It is observed that current ratio, quick ratio, assets growth, return on assets, return on equity, return on capital employed, and price to earning ratio are significant determinants of stock price. Although this study is a reasonable addition in existing literature of financial ratios as determinants of stock price. However, contribution of the study can be viewed through covering a gap from the context of ASEAN region, which is under reserachers attentions for stock price determinants. Core limitations of the study covers limited number of sample size and five years of time duration. Besides, some ratios are missing which can be reconsidered in upcoming studies. These ratios include debt ratios, interest payment ratios, and fixed cost covered ratios as well.

The scientific paper is devoted to the use of process factors of the functioning of trading enterprises in order to ensure their system security. The paper proposes a managerial algorithm for introducing the practice of standardization and certification in ensuring the safety of trade enterprises. It also proposes to introduce a process approach in the field of quality management and a process-logistic approach, which assesses the quality of the stages of the implementation of the trading processes in the enterprise. The paper proposes the calculation criteria and evaluation models.

This study is aimed to analyze the tendencies of agricultural pollution and their impact on the incidence rates of the rural population of the Republic of Kazakhstan. A retrospective assessment of statistical indicators of agricultural emissions of greenhouse gases and pesticide load, as well as a comparative analysis of the incidence rate ratios of the population of Kazakhstan and other countries, are chosen as the main research methods. The study shows that an increase in greenhouse gas emissions from livestock and crop production, the introduction of pesticides and other chemical plant protection products lead to an increase in morbidity and mortality. The high growth rates of registered congenital anomalies among the rural population, as well as the incidence of cerebrovascular diseases and asthma, are especially disturbing. After studying and summarizing expert opinions, two priority directions that could contribute to reducing the level of agricultural pollution in the Republic of Kazakhstan have been identified. Measures should be aimed at improving the mechanisms for the use of pesticides in crop production, as well as reducing greenhouse gas emissions in Kazakhstan’s agriculture.

This is a conceptual article to study the economic effects of SMEs performance. It has become a widely recognized that entrepreneurs and Information Technology (IT) have become the backbone of the world’s economy. In fact, entrepreneurs are commonly considered an asset for the economic development of the society as well as the country. The current studies focus on the nature, process and practice of the matter SMEs and Information Technology in entrepreneurship for the development and implementation throughout the world, and provide entrepreneurs, managers and practitioners with up-to-date, comprehensive and effective strategies for business plans with an effective method of using Information Technology in society. However, massive and ongoing transformations are characteristics of this environment and business environment, which underscores the need for greater attention to be paid to the business environment. Furthermore, modern organizations do activities in complex environment and in the meantime dynamic. This paper aims to discuss the importance of entrepreneurship in today’s society. Therefore, entrepreneurs can play an important role in assisting and fostering business success to benefits the society. Extensive changes, increased complexity and competition are the most important features of today’s world. In addition, Information Technology can assist the business to create value, better performance, increase productivity and quality. Finally, information technology is important to the business sector as a management tool to optimize the processing of information to produce goods and services for profits.

The purpose of this research is to examine the impact of macroeconomic indicators on tourism revenue from five states of ASEAN region. To address this objective secondary data is collected over last 18 years from 2001-2017 with annual observations. Macroeconomic indicators include inflation, oil prices, industrial growth, exchange rate stock market index, and gross domestic product over time. Method of the study is based on regression OLS estimation with robust standard errors. Empirical findings indicates that key determinants for the change in tourism revenue in selected countries are exchange rate, stock market index, inflation and industrial growth. However, impact of GDP on tourism revenue is also significant for Malaysia, Indonesia, and Brunei. Study findings can be very much beneficial for present decision-making regarding growth in tourism industry in ASEAN region. Limitations of the study includes less than 20 years of time duration, ignoring the microeconomic indicators of tourism revenue and cross-sectional analysis. Future studies can address these limitations which better understanding and practical implications.

The main purpose of this research paper is too aware the people of Malaysia that how organic foods is beneficial and healthy compare to the traditional foods. Furthermore, the reason behind the research conducted in Malaysia was to discover the overall concept of Halal Foods. Mainly, the entire research paper evolves around the benefits of organic foods and its consumption. The most pertinent element is the healthy content and after that friendly environment strategies. Data were collected using a web-based survey to recruit participants from pools of consumer panels registered with a market research company. The technique which is used in this research is sampling technique. This study was limited as it was conducted only in the Malaysian city Kuala Lumpur, with the small sample size of 350 as well as the questionnaires was only comprising of close-ended questions of which the chances of inaccuracy is maximum. However, for future research the researcher should increase the sample size which represents the overall Malaysia by collecting the data from each region of Malaysia. Furthermore, the data collection should be done with the help of open-ended questions to reduce the inefficiency and inaccuracy of the study, more variables can also be counted in for evaluate the purchase intentions of the consumers.