Regional Formation and Development Studies

Economic sustainability based on the triple bottom line is not new, but topical in the scientific discussion on the development of economic growth. International organisations globally, together with governments, budget an increase in funding for education as the main tool for sustainable annual economic growth. On the other hand, it is difficult to measure the outcome of financial effort, as it is an intangible asset. The current research is based on interviews with 20 professors and 20 students at Klaipėda University and LCC International University, to learn how they understand their role in economic development, and to verify the dependency of their desire to contribute more to their awareness. The findings of the qualitative research show that productivity by both students and educators depends on their awareness of their economic role. On the other hand, as the study shows the limitation of participants’ perception of their economic role, its promotion is suggested.

Technological innovations are a crucial component of a green economy transition and there is an urgent need to develop and implement the green technologies into the existing facilities, especially in the developing countries. The purpose of the article is to analyze theoretical approach on the green technologies development. In the article there are analyzed the essence of the concept of green economy and are identified key benefits of green technologies development.

The author considers scientific background of the methods and instruments of monetary policy under the integration conditions in the post-Soviet space. Analysis of formation conditions of the Economic and Monetary Union of Russia, Belarus, Kazakhstan, Armenia and Kirgizstan is presented. Findings about the expediency of the use of various theoretical approaches to regulation of exchange rate within the formation of state’s currency policy under globalization conditions are introduced. Problems of monetary and currency policy along with directions of their development in the Eurasian Economic Union (EAEU) are discussed. The directions of monetary and currency policy coordination within EAEU are offered. The author defines possibilities of their realisation under present conditions.

This article discusses non-salaried work in the household. The definition of non-salaried work in the household is formulated by the author, changes in the household are analyzed along with the structure and diversification of the varieties of household work. In research the family is interpreted as a household. It is proposed to evaluate work in the household as a section encompassed by social work in the manner that a composite product or an encompassed part of a social product is evaluated, and therefore up to the present time the GDP (Gross Domestic Product) for a single inhabitant without the income of a household, as a universal indicator, is unable in itself to show the level of people’s welfare. Work, carried out in the household and performed as non-salaried, household labor, would be included, though not insured, as the calculated length of service of the working activity of the person. In evaluating the features of the welfare of inhabitants, it would be more accurate to analyze non-salaried household work carried out in the household along with the characteristics and the structure of consumer requirements and their level of satisfaction and opportunities. This analysis will appraise the extent of the well being of society and its changing trends.

The article discusses economic growth influence to sustainable development. According to the collected theoretical material, it analyzes the impact of economic growth to social and environmental dimensions of sustainability. The analysis of statistical data using integrated index of sustainable development allowed evaluating the impact of economic growth to sustainable development in in Lithuania on 2000−2011. Studies carried out in foreign universities confirmed a hypothesis that further extensive studies are necessary in order to understand the essence and evaluation of the concept of sustainable development. The basic idea behind the scientific problem studied in the paper can be described as the following: what are the regularities of the concept of sustainable development and its evaluation, that allow assess the economic growth influence to dimensions of sustainability and to sustainable development of the country. The main problem of the paper is stated as follows: how to achieve economic growth considering economic, environmental and social dimensions of sustainable development? Research object – the impact of economic growth to dimensions of sustainable development. Research aim is to analyze and assess dynamics of sustainable development dimensions in Lithuania. Research tasks: theoretically to analyze the influence of economic growth to social and environmental dimensions; after methodological calculations of indicators of sustainable development in Lithuania, to evaluate the tendencies of changes of sustainable development dimensions and to forecast perpectives. Research methods contributing to this paper are: systematic scientific literature analysis, statistical data and comparative analysis, regression analysis, use of SPSS 17 (Statistical Package for Social Science) and Package Microsoft Excel. Theoretical analysis done in the paper quit well show, that systems of assessment of influence of economic growth to sustainable development must take in account three closely related dimensions: economic, social and environmental. Integrated sustainable development index and trend were used and evaluated that the biggest increasing of index was noticed by given stable inflation rate. Analysis done in the paper quit well show, that for problems solving can be used fiscal instrument – taxes.