Generolo Jono Žemaičio Lietuvos karo akademija

Relevance: With the increase of permeability of borders, in the conditions of active political interaction between regions, it became regular to witness appearance of many transnational companies (TNC) and metacorporations differing in forms of management and organizational connections. Where in the case of transnational companies we can most often observe trade expansion with the pushing out of the competitors working on the local market, the pattern more characteristic of metacorporations is merger and acquisition (MAA) where the management of the holding (as a rule) signs contracts with local manufacturers increasing their production capacity at the expense of local productions and businesses. The aim of this paper is to track the dynamics of international business development in the conditions of globalization and find out which regions and spheres of business are currently considered the most preferable for foreign investment. The results gained can be used in planning of perspective outlet markets and in search of new collaboration objects. The novelty of this paper lies in the observed character of interdependence of national economies and redistribution of investment flows between regions. The conclusions were made, that foreign investment flows (FIF) significantly influence the development of business inside the country: businesses with foreign capital receive a number of benefits compared to local companies.

Our paper focuses on the threats to the global development and sustainable economic development of a country that might include economic, political, human development, as well as sustainable development issues and problems. Sustainable economic development might serve as a tool for fostering the country’s prosperity and helping it to overcome various threats that might stem from its geolocation, economic situation, natural resources, as well as many other internal and external factors that all play their decisive roles. The paper uses a case study of the United States as an example of the country vulnerable to a plethora of threats. It analyzes the most crucial threats one by one and classifies the most notorious and impending issues stemming from these threats that might hamper the economic growth and development. In particular, we focus on the issue of energy security and the renewable energy sources (RES) that represent an important aspect in this debate and research. Our results can be used by the policymakers as well as regional development managers for improving the security strategy.

It is scientifically proved that foreign direct investments (FDI) are one of the life-forces for economic growth. Foreign investors use local labour, capital, and natural resources that are constantly running out and limited. However, global companies that translocate their production process often devastate the nature of the host country. Decline of natural resources and climate changes forces to think about how people could develop country’s economy and social welfare, but at the same time save nature and its resources. Global companies are the main developers of economy and social welfare, but also, they are environment polluters. The value of sustainable development is quite obvious, but there is a lack of research about the relationship between FDI and sustainable development in the literature. The literature separately analyses the problem of sustainable development or FDI impact on economic development. Often, FDI is described by determining the effects, but it does not address the question of expedient foreign capital, which would provide the greatest benefit to the host country. The article analyses the influence of foreign direct investments (FDI) on sustainable development. It develops the concept of sustainable investment. It aims to find out whether the purposively formed foreign direct investment policy can ensure the sustainability of economic development. In this case, FDI can become an instrument for the implementation of sustainable development. This study is about Ireland case. The choice is not coincidental. Since this country applied FDI policy, it was able to transform the economy rapidly, and also it became one of the most developed countries in Europe. The authors of the research chose ten economic, social, and environmental factors that define sustainable growth. The analysis revealed the contact between the indicators of FDI and sustainable growth in different periods of the economic cycle.

Globalization processes are widely discussed in scientific literature. In our research we adopt an approach, according which globalization; especially in form of inward foreign direct investment (FDI) is one of sources of innovative technologies and proxy of sustainable development of industries and countries’ economies. In order to design efficient government policies in the field of FDI attraction, such globalization drivers have to be revealed and their importance evaluated. In presented paper we raise and verify hypotheses about importance of the following globalization drivers: tax burden, institutional performance and market consumptive capacity. Regression analysis tool, we believe, allows revealing if those drivers are equally important for developed and less developed countries (LDC). Economic interpretation and generalization of obtain results, we believe, would allow indicating if consistent patterns can be traced. If so, more efficient government policies, allowing attract innovative technologies, especially to LDC can be suggested.

The author presents a new European security environment after the “Cold War”, including not only the challenges and threats to the international security but also the essential conditions and problems of the European security evolution at the beginning of the 21st century. He shows the dynamic and constant changes taking place within the international environment and those related to the progress of civilization. Moreover, he stresses that current policy and security measures are not capable of effective action against having to appear before the new challenges and threats. Then the problem of unity and identity in the transatlantic relationship is taken. According to the author, in complicating sphere of the international conditions the role of multilateral institutions effectiveness in the international cooperation increases. Due to the increasing importance of interdependence and internationalization, European security challenges are European-wide and even transatlantic. Addressing them requires the preservation of unity that will be possible by strengthening common identity based on shared values and common interests.

The aim of the paper is to review the international organizations’ approaches to the measurement of sustainable development and explore the system of indicators provided by the considered organizations. The systems of proposed indicators to measure sustainable development are being juxtaposed, specific features, advantages and disadvantages revealed. Organizations for sustainable development were founded to review progress at the international, regional and national levels in the implementation of sustainable development policy, to take part in legislative process, to control balance between economic development, social development, and environmental development.