In the EU White Paper on Transport 2011 the emphasis was laid on green transport corridors, i.e. transhipment routes with concentration of freight traffic between major hubs and by relatively long distances of transport marked by reduced environmental and climate impact while increasing safety and efficiency with application of sustainable logistics solutions. Green transport is based on inter-modality and advanced ICT-systems improving traffic management, increase efficiency and better integrate the logistics components of a corridor. Until today only the first steps have been realised in the implementation of green corridor concepts, so that concrete requirements and frame conditions for ICT-systems of green corridors are described on conceptual basis. Baltic Sea Region (BSR) enjoys a vanguard position in the development and realisation of green transport concepts in Europe and some research projects delivered already the first results for the requirements of ICT-systems supporting green transport corridors. Of special importance is the EU initiative “East-West Transport Corridor (EWTC II)” since for the first time a green corridor manual has been presented formulating recommendations and requirements of green transport corridors to European level. The authors took part in some important green transport corridor initiatives around the Baltic Sea, including EWTC project, and were involved in related research activities. This paper aims at pointing out the current status and the future direction of ICT-systems for green transport corridors, especially under the viewpoint of secure and sustainable green corridor management.
Global economic development and continuous growth of the world population are the major factors which cause growth of energy consumption and increasing volumes of greenhouse gas emissions. Attempts to achieve sustainable energy development are still not enough successful. Scientific community and international organizations are concerned with consequences of global warming: increasing temperature in various regions of the planet, significant and harmful effects on health and environment, growing number of extreme storm events and large wildfires, rising sea levels, changes in landscapes. Increasing efforts of governments and politicians should be directed to reduction of greenhouse gas emissions from fossil fuels combustion by increasing energy efficiency and by deployment of renewable energy sources. The paper focuses on efforts of world community directed to sustainable global energy development, implementation of new energy policies and provides an overview of energy consumption trends in the world by 2035.
This study examines the impact of 2008 financial crisis on firms’ productivity in Latvia, Lithuania, and Romania by using the World Bank’s Enterprise Financial Crisis Survey data. The Work Bank carried out the survey to have a short, quick, and cost-efficient evaluation of the effect of the 2008 global financial crisis on companies in European and Central Asian countries. We find that different firm-specific variables affect the firm’s productivity in Latvia, Lithuania, and Romania. Firms benefited from huge market potential and this location proximity to capital city can improve the chance of being less affected from the crisis only in Latvia. On the contrary to the findings for Latvia, the capital city variables are not statistically significant for firms in Lithuania and Romania. Working capital financing matters for firms in Latvia and Lithuania while short-term leverage is important for firms in Lithuania and Romania. More interestingly, we observe that R&D expenses may not able to improve firms’ performance at the time of financial crisis.
Sustainable development of country economy is being driven by various factors. Economy of each country is comprised of economic sectors. External and internal development drivers differently affect different economic sectors, as a rule. Since economic sectors are not homogeneous, their expanding or contracting depends on behavior of concrete market players; i.e. business companies. The paper aims to reveal factors affecting patterns of development exporting companies attributed to industrial sector and its sub-sectors of Lithuanian economy. Methodology of the investigation is based on development of theoretically grounded questionnaire, targeting revealing factors impacting international competitiveness of industrial companies. Impact of factors, attributed to external business environment, and role of factors attributed to internal development forces are to be indicated. Obtained results, is expected, and would allow to foresee trends and main drivers of further development of exporting Lithuanian industrial sectors.
Fully functioning and effectively regulated real estate market is one of the factors of strengthening the economy of any country. Sustainable real estate market economy is essential to guarantee labor mobility and improve the management of migration flows within the country. In this regard, constant monitoring of factors affecting the selling price of residential real estate is necessary. A number of macro, meso and microlevel factors affects the selling price of residential property in different ways. Some factors have a stronger effect in a long term, some factors – in medium and short term. Each residential property object is unique and has a specific system of qualitative and quantitative micro level characteristics affecting the market price. The aim of this study is to examine and determine the effects of some micro and meso level property factors in two largest cities of Latvia at its price in short term period.
This article demonstrates how Kashmir conflict between India and Pakistan change regional security dynamic in South Asia. The formation of regions, intensification and importance of regional power is interesting for different kind of scientists, including political analysts, due to the changing values of national nations in a global world and due to the power separation between members of international system. Regional nations, which are analyzed, are one of the most rapidly growing markets, what is more, a lot of important changes in politics, which give the world a tumble of particular tendencies, happens in these countries. All things considered, it is important to get information about processes which happens in Southern Asia, especially, in India which is a regional power. The article analyzes how regional security system in South Asia. Analysis of regional security dynamic in India-Pakistan conflict demonstrates how organization serves the purpose of enhancing the efficiency of transactions among states, but the ambiguity in them also functions as a tool to manage distribution of power.
Contemporary attempts to develop securely and sustainably requires new approaches towards driving factors of development, especially related to human behavior. Sustainable entrepreneurship concept becomes topical. For business practitioners and researchers it is associated with the ability to discover new opportunities for self-realization and creation of economic and social value for both consumers and the organization, country, region and the world. Entrepreneurship is a qualitative social feature that includes human abilities to build and develop innovations and business. Each country’s or region’s level of economic development is linked to entrepreneurial competencies of community. Cautious use of scare resources, social responsibility have to become integrated into sustainable entrepreneurship concept. Under such circumstances it is important to identify the key success factors of sustainable entrepreneurial, because promotion of sustainable entrepreneurship is becoming one of the cornerstones of strategy of Europe aimed to become the most competitive economy in the world. Comparing European and USA development potential, one of the main reasons for the backwardness of the EU has been identified lack of entrepreneurship. Scientists investigating the concept of sustainable entrepreneurship and its components expose to the problem, which is more integrated approach that reflects the reality. Therefore paper aims to present the concept of sustainable entrepreneurship formulated taking into account secure and sustainable development context and identify key success factors for sustainable entrepreneurship in the global economy. This paper presents and combined different approaches of scientists exploring the key success factors for sustainable entrepreneurship in the contemporary global economy.