Journal of Security and Sustainability Issues

For establishing the best monetary policy it is essential to know if in practice monetary variables determine gross domestic product (GDP) in constant prices. Price stability contributes to the formation of stable environment for the development of commercially sustainable activities and expresses the responsibility of central banks for sustainable industrial development. It contributes to maximizing the GDP, employment, stable interest rates and sustainable economic development which have consequences for households’ welfare as well as enterprises’ value maximization. For a set of more monetary variables, we identified that in Romania money aggregates M2 and M3 as well as internal credit were strongly correlated with GDP over the time period 1995:Q1-2015:Q4, while in Slovakia only M2 and M3 were strongly correlated with GDP in the same time period. Contrary to expectations, according to a Bayesian linear regression, the internal credit changes had a negative impact on economic growth on the overall period. This conclusion is consistent with other empirical studies. This paper’s analysis discovered that the aforementioned negative correlation is due to the crisis period, because the regime-switching Bayesian model indicated that only in times of economic contraction changes in internal credit negatively affected economic growth.

Protecting natural resources, for example through a functioning of environmentally protected areas at present is actually connected with eco-development concept, which helps to avoid some mistakes and socio-economical wastes. Creating and functioning of protected areas must be correlated with the development of the neighboring areas, in such a way that it would not be a threat for natural environment. Such neighboring areas are for example military training areas, which partly conserve the environment, as rich nature reserves, including protected areas are located on the majority of them. Therefore, the aim of the article is to examine the connection of protected areas on active military training areas. The article contains the diagnosis of military training areas in connection with protected areas and evaluation of the role of military training areas in nature conservation. The activity of the army on training areas, in view of current intensity and form of activities, should be regarded as not detrimental for nature.

The aim of the presented paper is to examine how technology transfer is being approached in the latest scientific literature, and whether interrelations of technology transfer and sustainable development are being elaborated. Clusters in this context are perceived as networks (not necessarily proximate in geographic terms), which serve as technology transmittors. Efficiency of clusters is being addressed. The ultimate aim of the research is to develop framework, which would allow proceeding analysis of links between technology transfer phenomenon and sustainable development process.

Driving factors and implications of foreign direct investments were widely discussed during the latest decade. Anyway, impression remains that due to the specifics of that type of investment, misinterpreting of their economic composition is rather frequent than rare. Hence, the paper starts with detailed classification of investment types. The next part of the paper is devoted to a review of approaches to FDI driving factors and outcomes. Finally, current trends of foreign capital flows in Lithuania, Latvia and Estonia are being observed and evaluated. Novel insights about new consistent patterns of foreign capital directions are being provided. The paper is being finalized by indicating contemporary implications of FDI withdrawal for host country related to its further secure and sustainable development.

The purpose of this paper is to investigate how learning in collaboration can support the development of sustainability competence in the military. The concept of sustainability in the military is controversial; nevertheless, requirements for more conscious decisions regarding economics, environment and society issues enter military practice and require rethinking the processes of military education and development. The application of computer-supported collaborative learning brings new opportunities in overcoming controversy of sustainability in the military and at the same time puts forward the solutions and skills for implementations of sustainability in the military.