Generolo Jono Žemaičio Lietuvos karo akademija

The article deals with the study of the financial security of the state as a component of its national security. It has been established that financial security is state’s ability to react in an adequate and immediate way to internal and external negative financial influences in peacetime and in emergency situations, in particular in the context of a hybrid war. It has been established that the components of the financial security of the state are banking, debt, budget, currency and monetary security. It has been found out that corruption, financial and economic crime, hybrid war, fiscal decentralization, and lack of a strategy to protect the financial and economic interests of the state are threats to the financial security of the states in the present conditions. At the same time, proper protection of the financial security of the state against internal and external threats is possible only in case of quality management of the financial and economic sphere, first of all, this is the identification of threats to the financial security of the state, conducting of financial control, and counteraction and combating against financial and economic crimes, which is the task of law enforcement agencies. The development of the idea of creating a single law enforcement agency of Ukraine empowered to prevent, detect, suspend and investigate financial and economic crimes was considered. For comparison, attention was drawn to foreign experience, namely Italy, Romania, Macedonia, Austria, Croatia, Latvia, Lithuania, for which the activity of such law enforcement agencies is already established practice. The positive aspects which can be implemented in Ukraine as well as in other countries, intending to create a new law enforcement entity, were emphasized.

This study basically examines the relationship between government external debt, corruption, and ECNG in selected five ASEAN countries, by estimating the magnitude and direction of the regression relationship, as well as the causal relationship. In addition, as a contribution in the direction of government and economic policymakers, this study intends to proffer recommendations as to the efficient management of public resources, in order to cushion the adverse effects of external indebtedness on other macroeconomic variables and welfare standards. Such effects include high cost of servicing, corruption, and capital flight, considering that investors fear being highly taxed when debts get to a certain level by the government. The findings of the study have revealed the fact that the the negative results on the economy, there is need for addressing the threat of increasing debt by the government through using alternative sources of capital investment. This can include economy openness for capital and relaxing the import restrictions and increased valuable exports. Investment can be increased in the domestic economy and wealth can be created through realizing the in-tax revenue from capital imported, which is against the interest payment on external debt. Moreover, the investment can increase ECNG, which results in transfer of technology to the domestic economy increasing the probability of more employment opportunities.

The Part II is the continuation of the discussions begun in the last issue of Journal of Security and Sustainability Issues 6(3) in area of ensuring public security in the fight against crime and focuses in particular on the importance of creating models for control and prevention of new crime acts. Also, the problems of prevention and control of some conditionally distinguished criminal processes – shadow economy, corruption, fight against human trafficking and domestic violence – are scrutinized. In consideration of the limited scope of the work and striving for the concentration of the research, analysis of these criminal processes is conducted just to the extent it is important in order to distinguish the main topical issues pertaining to the modernization of coordination for ensuring public security.

The article analyses an in-house procurement concept in the contexts of scientific doctrine, substantive law and legal practice. The Directive 2014/24/EU of the European Parliament and of the Council of 26 February 2014 on public procurement and repealing Directive 2004/18/EC is discussed in the part of provisions regulating cases where a public contract between public entities is not a subject to public procurement procedures. In addition, statistical data of in-house procurements in Lithuania are presented and threats of in-house procurement concept application as well as possibilities of improvement thereof are assessed.