Generolo Jono Žemaičio Lietuvos karo akademija

The article deals with the peculiarities of formation and enforcement of the national investment security in terms of distribution of investment flows and demand for investments. The global market for investment resources was analyzed and its impact on the investment needs and security of the individual countries was evaluated. At the methodical level, the interrelation and interdependence of components of national investment security were defined. Leading security indicators were identified and characterized taking into account investment risks factors. A Process model of the country’s investment security system was developed considering the risks and threats from the external environment and economic issues from the internal environment. The algorithm of complex assessment of the investment security of a country, based on the identification of stages and components of use of investments at the national level, was formed. A Model for evaluating the country’s individual investment security measures was developed.

The article deals with the peculiarities of formation and enforcement of the national investment security in terms of distribution of investment flows and demand for investments. The global market for investment resources was analyzed and its impact on the investment needs and security of the individual countries was evaluated. At the methodical level, the interrelation and interdependence of components of national investment security were defined. Leading security indicators were identified and characterized taking into account investment risks factors. A Process model of the country’s investment security system was developed considering the risks and threats from the external environment and economic issues from the internal environment. The algorithm of complex assessment of the investment security of a country, based on the identification of stages and components of use of investments at the national level, was formed. A Model for evaluating the country’s individual investment security measures was developed.

The aim of the research is to assess convergence processes of a social-economic security indicator in Latvian municipalities and its components in the period 2011–2015, calculated as an integral indicator on the basis of primary statistical indicators. The relevance of the research is determined by the fact that social-economic security establishes not only the sustainable economic development of the country as a whole, but also the state of protection from internal and external threats. Municipalities, implementing their autonomous functions, are primary guarantors of social-economic security of the people. The convergence of social-economic security of municipalities implies the process of their convergence in time according to the values of the level of social-economic security.

The scientific paper identifies strategic motivational factors for using mergers and acquisitions to maintain a high level of investment security. Investment security models in mergers and acquisitions based on the concepts of value attractiveness and discounting corporate cash flows during growth has been developed and practically tested. A parametric relationship has been formed between the price of the shares of the integration corporate structure and the initial conditions of the integration transaction for both the acquiring corporation and the target corporation with a view to fair distribution of benefits from mergers or acquisitions.

The issue of attracting investments is one of the key issues in modern society. The global experience shows that sustainable economic development and growth are determined by the volume and structure of investments. Therefore, the study into the investment environment where the investment activity happens – the investment climate, is becoming increasingly relevant. The prerequisites for the study into the investment climate have been formed since the Keynesian economic theory; studies into the investment climate have become widely spread in modern economic theories. Starting with the Keynesian economic theory and until modern theories of investments, the factors that influence the investment climate can be divided into two groups: investment potential and investment security of the region. According to the outcomes of the factor analysis of Latvia’s regions (Riga, Pieriga, Vidzeme, Kurzeme, Zemgale, and Latgale regions), Lithuania’s regions (Vilnius, Alytus, Utena, Panevezys, Kaunas, Klaipeda, Marijampole, Taurage, Telsiai, Sauliai counties), and Belarus’ regions (Vitebsk, Grodno, Mogilev, Minsk, Gomel, and Brest oblasts, and Minsk city), the factor of socioeconomic security is adeterminant of regional differences in the investment climate.