Pension system efficiency is very sensitive topic to every citizen of the country. It is very common to criticize established pension systems in search for better solutions. The authors in the present research paper attempt to find out whether the criticism is deserved by evaluating the efficiency of Latvian pension system from the future pensioner’s point of view in the context of the state pension financed from two sources: state pension and state funded pension. Additionally, the authors highlight a number of aspects of pension system the sustainability in Latvia. Private pension is not considered.
According to the EU Competition Policy Brief on the new state aid rules for a competitive aviation industry issued in February 2014, the regulation for the financial public subsidies of any art on the EU national or regional level for regional airports will be a considerably striker. The strategic aims of these new regulations, among other things, are to motivate and encourage the Member States (here: regional airports) to implement more efficient market stimulation measures, make airports work on cost efficient and profitable basis and establish transition periods for regional airports. In practice it means that public subsidies may be granted only to those regional airports that proved to have a sustainable and realistic business model that shall clearly demonstrate the durable financial stability. The authors took part in two air transportation initiatives in the Baltic Sea Region (BSR) and were lead partner in the EU Project Baltic. AirCargo.Net, which deployed a number of empirical measures in selected regional airports in the BSR. This paper presents success factors of sustainable business development models for the regional airports in the BSR based on cases studied during the project lifetime
This research article presents sustainable model system based framework derived from the scholarly investigation into the existent research literature on social entrepreneurship. The social entrepreneurship is emerging as a viable alternative to the traditional institutional setups for making a sustainable impact and reach towards the underserved needs of the low-income population living in the developing economies. The existing research on social entrepreneurship lacks focus on creating an integrated framework thereby posing a limitation to the entry, growth and penetration of the social entrepreneurship based market setup. The sustainable model system comprises a combination of the constraining conditions and key choices. The constraining conditions include the environmental and firm-specific constraints like need addressed, mission type and socio-economic objectives. The relative impact and significance of the key choices vary for different social enterprises depending upon the applicable constraining conditions.
Climate change and environmental aspects are key issues on public agenda. Governments and politicians try to implement new regulations and limits to reduce the environmental burden of the industries around the globe. However, success can be seen only to a limited extend in many areas. On the other hand some industrial sectors themselves start to think about solutions to handle the big impacts. Some pioneers in this field discovered already also the competitive and economic advantage of implementing so called green and sustainable solutions in their business. This includes production, manufacturing and transport activities but also ways how to manage and monitor such activities from an eco-friendly perspective. This paper will give an overview of the implication of green logistics along the supply chain in regard to the automotive industry including supply companies from SME sector and will demonstrate the application of this issue. For that an example of the European market leader Volkswagen AG in Germany is chosen and analyzed in the case description.
Issues of sustainable development and socially responsible business currently have been discussed a lot. Nevertheless there are no many evidences about causal relationships between social responsibility and profit. But it appears that companies begin to have strong stimuli to pursue social responsibility as a driver of value added in monetary terms. In this context, cause - related marketing obtains higher importance and can be employed for directing activities of profit seeking companies towards socially responsible activity. The presented paper is devoted to analyze Cause-Related Marketing (CRM). Numerous authors have tried to define Cause-Related Marketing concept to realize its field and to differentiate it from others terms. However, there is still no general agreement about the definition, content and scope of CRM, especially in countries such as Spain, where there is a higher conceptual confusion accentuated by translation errors. In this sense, the main objective of this paper is to review and complete the conceptual framework where the theoretical development of CRM is based.