Generolo Jono Žemaičio Lietuvos karo akademija

Our paper is dealing with the issues of economic security and international relations in the European Union (EU) at the uncertain times of rethinking European security and sustainability in the face of Brexit and other challenges facing Europe.

Economic security of each country is determined by array of different factors. Some factors seem obvious and are measurable, while other factors, such as entrepreneurship and, especially social entrepreneurship, are tacit and hard to measure. Anyway, social entrepreneurship is accepted globally as a bridge between business and benevolence. It attempts to find solution to local sustainability issues that are normally not addressed by traditional organizations. The problems faced by the Middle East society in general and Saudi Arabia in particular is unique in nature. Most of such problems cannot be addressed by the Government or the traditional organisations. The utility of social entrepreneurship arises here. There are many social enterprises in Saudi Arabia that have succeeded in nurturing a band of new leaders who are attempting to enhance the region’s global competitiveness, with a social touch. The present paper presents a few social entrepreneurs who have made their mark in Saudi society, and provides suggestions for nurturing and sustaining social entrepreneurships.

In this article assumption is being made that economic structure of economy affects economic security of a country. The main exported goods of Kazakhstan for the period 2000-2015 is the commodity group “Mineral products”, which accounts for no less than 65.8% of total exports of Kazakhstan. And in Kazakhstan’s economy is currently experiencing a clear decline due to the instability and decline in world oil prices. One solution to the government of Kazakhstan has chosen the conduct of the national currency devaluation in February 2014 and August 2015. Down conjuncture of oil prices since 2014 has ceased to be favorable, and in Kazakhstan, only 5% of the oil sold in the domestic market and almost all the oil produced in Kazakhstan is exported at a rate of 95%. In the presented paper authors consider the problem of diversification of the Kazakhstani economy, which actually depends on raw industry. The analysis of the current situation and recommendations for further reforming of economy are provided.