Generolo Jono Žemaičio Lietuvos karo akademija

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 this article is to formulate hypotheses about the impact of the foreign direct investment (FDI) on sustainable development indicators of differently developed countries with reference to the relevant scientific literature. The impact of foreign direct investment on development and facets of sustainable development has been discussed in this article. After the review of the relevant scientific literature some consistent patterns have been identified, what, finally, led to the formulation of initial hypotheses. The countries were grouped according to the level of their development. A set of sustainable development indicators reflecting different facets of sustainability and sensitive to countries’ development level has been distinguished. The following indicators have been considered as relevant for inclusion into the set, which would be used for estimation of FDI impact on enhancing well-being in the unevenly developed countries: GDP, exports, inflation, population, life expectancy at birth, primary school pupils, infant mortality, total health expenditure per capita, total tax rate, internet users, and residential consumption of electricity). As this article is focused for the long-term perspective of FDI impact on sustainable development, it was based on three aspects of sustainable development: economic, social and environmental. Series of hypothesis have been formulated in this paper.