Each country has to be able to develop efficient economic policy, facilitating sustainable economic development of national economy. In order to devise such policy, development patterns of a country has to be known, external threats indicated and various scenarios of their impact has to be foreseen, their impact forecasted and discussed. Alas, in contemporary environment in conditions of globalization predicting of development peculiarities and external factors’ impact becomes especially urgent issue. Presented paper is devoted to discussion about predicted development selected national economies with account of threats caused by global environment. Economic indicators of Lithuania and Germany forested for period of three years, estimated, are being analyzed. The following methodology is applied. At first main macroeconomic indicators, such as real GDP growth, inflation, interest rates and unemployment ceteris paribus forecasted until year 2022 will be compared. The second, external threats will be selected and considered. Forecasted impact of indicated threats on real GDP growth of Lithuania and Germany will be discussed; source of employed data: database Passport, provided by Euromonitor International Company and powered by Clarivate Analytics (data are provided for research purposes for subscribed users). Change of real GDP growth in Lithuania and Germany under indicated threats pressure after one year period and three years period is juxtaposed. The findings suggest insights about development patterns of small comparatively less developed open economy and big well developed country belonging to the same economic union. Findings are instrumental for devising national economic policies enhancing resilience of national economies to external (global) threats.
With regard to its territorial size, economy and political power; Germany represents one of the most sustainable, competitive and economically developed Member States of the European Union. However, development of the knowledge-based economy on one hand and negative demographic trends on the other hand will force Germany to cover the growing demand for high-skilled labour force from non-EU countries in the coming years to keep this position. The paper analyses competitiveness within the framework of security and sustainability of the Federal Republic of Germany concerning labour migration from the third countries. Main research question of this article is formulated as follows: How can migration from the third countries influence economic development and competitiveness of Germany in terms of state’s demographic problems? With regard to the above, we try to verify our hypothesis claiming that compensation of the domestic workforce through regulated migration flows – necessary because of declining and aging population and skill disharmony in Germany – is only a short-time solution of the current situation on the German labour market, but it is not sustainable in the long run.
Security and competitiveness are two very important aspects of the economic and political development of every country. In the 21st century, one of the key drivers of most economies in countries throughout the world is energy. Different countries adopt different measures so as to ensure their security and competitiveness through the effective energy policies that make traditional and renewable resources adequately available hence eliminating the possibilities of shortages. Our paper takes up the case study of Germany as one of the wealthiest and most developed economies in the European Union which also occupies the first positions in the charts of energy uptake and consumption. German policy-makers realize its vulnerability when it comes to energy security and attempt to diversify its energy competitiveness using the renewable sources of energy (for instance via the adoption of the Erneuerbare-Energien-Gesetz or the “Renewable Energy Act” (EEG)). We analyze the issues of energy security and competitiveness of a country using an example of Germany. Moreover, we describe what challenges the renewable energy sources (RES) might bring into the conventional game and how this might influence the competitiveness and security.
This paper focuses on personal security and social care issues in the two EU countries: Germany and the Czech Republic. It is obvious that the Czech legislator strove for a comprehensive and complete Codification. However, it is doubtful whether such a density is really necessary or whether the worldwide trend for the simplification of international private law is not missed. In contrast to this stands the German law, which is limited to a large extent to principles and avoids detail regulations. Exceptions are made only in the case of consumer rights and the registered life partnership. However these two institutes are particularly regulation needy, since they are not yet common in every country. The social care cannot be seen only as the responsibility of regional authorities or the state and its law. The elderly, children, homelesses, living in municipalities, are entitled to expect that their municipality will be fully aware of their problems and needs. The municipality, really state is responsible for all its citizens, and issues involving the social care will be at the forefront in several decades as a result of recent demographic indicators. This fact is also closely related to the responsible legal system supporting development of in-home social care services and quality of social workers at the state level and its law. Both codifications are coherent and effective. However the Czech legislator should think at least about an implementation of the consumer protection. Not at least because the consumers protection is one of the social policies of the European Union.