scholarly journals The investigation of the impact of investment sources for sustainability on country’s sustainable development. A case of Baltic States for the period 2003–2017

Author(s):  
Indrė Lapinskaitė ◽  
Patrikas Janulevičius

Purpose – is to analyse the different investment sources for sustainable development of a country and reveal the interaction between investment sources for sustainability and a country's sustainable development. Research methodology – analysis of scientific sources, collection and systematization of statistical data, a method for sustainable development index calculation, correlation regression analysis. Findings – each analysed country's progress of sustainable development is expressed as integrated sustainable development index revealed that all analysed countries are gradually increasing their sustainable development results. All three analysed investment sources are strongly affecting countries sustainable development, and stochastic relationship exists between variables. Research limitations – statistical data with incomplete time series, for which not all the most important sustainable development indicators were selected. The case of three Baltic countries (Lithuania, Latvia, and Estonia) is used for the period 2003–2017. The three main investment sources for sustainable development of a country: assignations of the state budget, EU structural funds, and direct investments, are chosen for the research. Practical implications – results can be used in calculations for other countries sustainable development and investments interactions. They can be used to evaluate the impact of the different source and contribute to the modelling of their use. Originality/Value – this article is unique because it reveals the interaction of multiple sustainability sources, in terms of investment sources for sustainability and the results of a country's sustainable development. These sources can be supplemented and adapted to other countries (at least in developed countries EU level). Keywords: sustainability, sustainable development indicators, integrated sustainable development index, assignation of the budget, EU funds, direct investment

2011 ◽  
Vol 12 (1) ◽  
pp. 50-62 ◽  
Author(s):  
Manuela Tvaronavičienė ◽  
Toma Lankauskienė

The aim of this article is to evaluate impact of FDI on sustainable development indicators of differently developed countries during two periods of time: a time span before (2000−2007) and a time span embracing the global economic crisis period (2000–2009). Reviewed ample supply of relevant scientific literature made a presumption to arise that the impact of FDI differs in developed, developing and underdeveloped countries, i.e. depends on the level of development: developed countries benefit most, developing less and underdeveloped least. Countries are attributed to respective groups according to their level of development and indicators are chosen for investigation. The following indicators capable of reflecting FDI impact on enhancing wellbeing in unevenly developed countries are: GDP, exports, inflation, population, life expectancy at birth, primary school pupils, infant mortality, total health expenditure per capita, total tax rate, internet users, residential consumption of electricity , and differences between developed and underdeveloped countries in the field of economic, social, business environment are taken into account. Several other hypotheses have been formulated and FDI impact on sustainable development indicators has been estimated with the help of empirical research in order to test the initial presumption. Obtained results enabled to compare peculiarities of FDI performance during two periods of time.


2015 ◽  
pp. 147-160 ◽  
Author(s):  
S. Bobylev ◽  
N. Zubarevich ◽  
S. Solovyeva

The article emphasizes the fact that traditional socio-economic indicators do not reflect the challenges of sustainable development adequately, and this is particularly true for the widely-used GDP indicator. In this connection the elaboration of sustainable development indicators is needed, taking into account economic, social and environmental factors. For Russia, adaptation and use of concepts and basic principles of calculation methods for adjusted net savings index (World Bank) and human development index (UNDP) as integral indicators can be promising. The authors have developed the sustainable development index for Russia, which aggregates and allows taking into account balanced economic, social and environmental indicators.


2017 ◽  
Vol 10 (4) ◽  
pp. 143
Author(s):  
Mona Baglou ◽  
Parviz Ghoddousi ◽  
Mohsen Saeedi

Construction industry regarded as one of the key aspects of achieving the goals of sustainable development in communities. In this regard, the choice of building materials is one of the key challenges in order to improve project performance with respect to sustainable development indicators and the use of sustainable materials, is an effective step towards achieving sustainable construction. This research uses information and evidence, interview and questionnaire prepared (by five points Likert scale method). Also, it has provided expert opinions related indicators widely used in a construction materials, manufacturing process and defining the impact of the production of these materials on sustainable development deals. Validity and reliability of the questionnaires were also performed (with Cronbach's alpha method). As a result of this research, Cement was identified as the most unsustainable material, after that Steel and then Brick and Glass were located with a wide margin. So Light concrete block, Gypsum, Stone, Lime, and Concrete were identified as the most sustainable materials according to existing indicators respectively. The consequences of this study can help the project executors in order to promote the use of sustainable building materials in construction and also industries will be aware of the impact of the sustainability indicators on their products.


2021 ◽  
Vol 13 (12) ◽  
pp. 6916
Author(s):  
Gitana Dudzevičiūtė ◽  
Svajone Bekesiene ◽  
Ieva Meidute-Kavaliauskiene ◽  
Galina Ševčenko-Kozlovska

As geopolitical instability increases and new threats emerge, a number of countries are increasing their respective allocations for defence expenditure in order to take greater responsibility for their citizens in terms of defending and protecting their values and way of life. Small states such as Lithuania, Latvia, and Estonia must evaluate certain economic, political, and strategic factors when increasing their respective defence expenditure. While they do tend to increase expenditure on national defence matters, budgetary constraints often force them to cut funding in some civilian domains or to increase their borrowing on international markets. Therefore, the security and defence of small states must be addressed in an integrated way, taking into account economic, social, and environmental factors. The aim of this article is to assess the relationships between defence expenditure and sustainable development indicators during the period between 2000 and 2018 in the Baltic states. The authors of this article aimed to determine which sustainable development indicators have a significant impact upon a country’s expenditure when it comes to defence matters. The study was conducted using econometric methods, including Spearman’s correlation analysis and Automatic Linear Modelling (ALM). The research results revealed some differences amongst the Baltic countries. In Lithuania, the employment rate and R&D personnel as a share of the active population demonstrated a significant impact upon defence expenditure. In Latvia, defence expenditure was found to be affected by disposable household income per capita and environmental taxes as a share of total tax revenue. In Estonia, defence expenditure was mainly influenced by disposable household income per capita and energy import dependency. The study’s findings may be used to ensure both the security of the country and the implementation of the Sustainable Development Goals.


Author(s):  
Claudia Lemke

AbstractBecause sustainable development only becomes defined when measured (see Chapter 3; e.g. Bell & Morse, 2008), sustainable development index construction is an unsupervised modelling task without a supervising output variable (G. James, Witten, Hastie & Tibshirani, 2013). Consequently, sustainable development measurement is diverse in methods and methodologies (see Section 3.2, Section 3.3, and Section 4.2) and hallmarked by subjectivity and arbitrariness (e.g. Böhringer & Jochem, 2007), such that sustainable development indicators are rather confusing and non-consensual (Pope et al., 2017; Ramos & Moreno Pires, 2013). To counteract this finding and to achieve objectivity in assessment (see Table 10.1007/978-3-658-33246-4_3; Sala et al., 2015), the previous theoretical research is coupled with a profound methodological research.


Author(s):  
Amanova Nigar Ilham

The article discusses the state budget, its economic significance and the importance of budget expenditures for sustainable development. At the same time, a literature review on the formation of the state budget was conducted, and foreign experience was studied. The next section of the article describes in detail the formation of the state budget in Azerbaijan, the dynamics of development and the impact of budget expenditures on sustainable development and makes relevant generalizations.At the same time, the article also reflects the trends in the human development index in Azerbaijan as a result of measures taken at the expense of budget expenditures.


2021 ◽  
Vol 68 (1) ◽  
Author(s):  
Tarek Abdel-Latif Aboul-Atta ◽  
Rania Hamed Rashed

AbstractThe transition to renewable energy sources remains a major challenge for developed and developing countries. Therefore, the study aims at investigating the relationship between sustainable development indicators and renewable energy consumption utilizing integrated data sets for 255 indicators expressing the sustainable development goals from 137 developed and developing countries. Principal component analysis then multiple linear regression tests are employed to conclude a mathematical model representing the numerical relationship between a set of sustainable development indicators and renewable energy consumption. The statistical analysis results include (i) an inverse correlation between Sustainable Development Index which expresses the dominant factor representing collected data and renewable energy consumption, (ii) a set of sustainable development indicators as the determinants of renewable energy consumption. The findings explain the rapid transformation of low Sustainable Development Index countries towards renewable energy technology by realizing the effective role of using renewable energy as a local solution. Moreover, the findings manifest the importance of the given sustainable development indicators in obtaining a more significant increase in renewable energy consumption. Using the concluded mathematical mode, planners and decision-makers can compromise the concluded indicators to attain a serious progressing step towards renewable energy transition aligned with achieving sustainable development.


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