Journal of Security and Sustainability Issues

Economic growths are often used to measure the development of a country. Thus, the economic growth is what every economy tries to achieve for good of everyone as a whole. In the other hand education, health and employment are one the most important tool for the economy growth. Thailand as developing countries concern about the economy growth and done an investment in through it. The general objective of this paper is to examine the relationship between education, health, employment and economic growth in Thailand from 1988 to 2017. The econometric method is used to examine the relationship between education, health, employment and economic growth. Unit root test indicate that all of the above variables are I (1). Johensen’s test was conducted to see the long run relationship between these variables. Meanwhile the relationship is test by using Ordinary Least Square and the Granger Causality test. The relationship between education with the economic growth are examine by using the literacy rate as education proxy variable. The health variable is examining by using the infant mortality rate, life expectancy and crude death rate with the GDP and the employment are examine by using the total employment rate with the GDP. As conclusion the results shows the positive relationship between the three variables with the economic growth and suggestion to the Thailand economic to do more investments in this variable. The findings of this study can be used to generate concrete policy reform suggestion and also used as guideline or example for other developing countries.

The prime objective of the current study is to investigate the total sovereign debt on the economic growth of Thailand. Since domestic debt is considered to be an economic growth stimulator particularly during the period of recession, therefore, its instruments are intended to analyze in this research. In a country, the lack of funds may negatively influence economic growth, therefore, most countries like to use external debt to finance its expenditures, such as Thailand. This situation can be improved by focusing on these countries developmental research. In Thailand, the information scarcity regarding domestic debt acts as a policy constraint while designing an effective domestic debt mobilization policy. Thus, the present study predominantly aims to investigate the domestic debt effects on Thailand economic growth. The study has examined the domestic debt effects on the economic growth, during 1998-2018. The variables used in this study are extracted from the previous literature and the theoretical framework used in this study. The key variables analyzed are Treasury bills, Government securities, and Investment issues, not forgetting the loans mainly housing loans fund, market loans of Thailand. The study has used the Johansen and Juselius co-integration approach to examine the long run relationship while ECM approach was used to see the speed of adjustment in the short run. Furthermore, we have conducted the Lagrange Multiplier test to all variables to check the presence of autocorrelation. The results show that there is no autocorrelation in the variables. For the instrument of Government securities, we have found that all the variables which are financial sector, social security institutions, insurance companies, and financial sector show a statistically significant result in long run analysis. On the other hand, short run analysis based on ECM model shows that social security institution, insurance companies, financial sector and foreign holders turn to be significant while public sector show insignificant results. The result for ECM also shows that the model is well adjusted in the short run.

In the scientific work the influence of the factor of primary public offer of securities on the macroeconomic security of the country is considered. A comparative description of the main financing attraction tools is presented. The advantages and disadvantages of using IPO in countries with developed stock market and developing countries are explored. The analysis of the development of European and Ukrainian markets of IPOs in terms of impact on general macroeconomic security has been carried out. The relationship between macroeconomic stability and economic development of the IPO is established.

Authors of the article focus on the current issues regarding foreign direct investments and their impact on the economic development of Slovak regions. The aim of this article is to draft overview of stage of current development within the economic and investment policy of the Government of the Slovak Republic to meet the needs of regional development. The introduction part presents the theoretical basis described by local and foreign authors reflecting the level of foreign direct investments use including their influence on the economic progress in particular regions emphasised on the development and promotion of small and medium-sized enterprises. Analysis of the government investment policy is carried out in the specification part underlining the significant role of the Slovak Investment and Trade Development Agency. Stated knowledge provide the theoretical framework for the experimental part of the article. Experimental part of the article by the means of numerical statistics and comparison method analyses and evaluates the level of investment support provided to small and medium-sized regional enterprises through projects sustained by the Slovak Investment and Trade Development Agency within the years 2012 and 2017.Successfully concluded projects concerning the foreign investment aid for the particular Slovak regions are analysed in experimental part, which also quantifies investments based on their contribution to the growth in jobs and provides an overview of the cooperating activities among regions of Slovakia from 2007 to 2017. Contributional outcome of the experimental part of the article is presentation of governmental standards, which are required from regions in order to obtain investment aid while job creation is taken into account. Issued conclusions may inspire further economic operators and authorities responsible in area of social and economic regional development in Slovak republic, regions of other Member States and third countries of Europe as well.

The Žilina region is located in north-western Slovakia. Considering the amount of GDP, unemployment, employment and average wage, it belongs among the medium-performance regions in Slovakia. FDI is considered one of the factors promoting its sustainable development, economic performance and balancing regional differences. A positive aspect of FDI in terms of regional development is the fact that they contribute to an efficient allocation of resources, as investors are directing their investments in those regions where they expect the achievement of economies of scale. FDI began to increasingly flow to the Žilina region after 2004, in connection with the arrival of KIA Motors and establishing its subcontracting partners. The aim of this article is to point out the condition and development of economic performance and FDI in the Žilina region, and to demonstrate a causal relationship between FDI and the sustainable development of the region.