scholarly journals Future Prospects For Foreign Investment In Lithuania: Does This Baltic Tiger Still Have Teeth?

2010 ◽  
Vol 9 (6) ◽  
Author(s):  
Sivakumar Venkataramany ◽  
Sean T. Miller
Keyword(s):  
Foreign Investment ◽  
Tax Rates ◽  
The European Union ◽  
Future Prospects ◽  
Baltic Region ◽  
Early 21St Century ◽  
Asian Tigers ◽  
The Baltic ◽  
Further Development ◽  
The Eu

Lithuania’s economy has gone through stages of feudal system, serfdom, centrally planned command economy and market-based economy. After its liberation at the end of the last century, Lithuania’s transition is in process, as evidenced by the development of economic frameworks. Radical reforms, including the opening of markets, implementation of flat tax rates, rapid privatization of businesses, and efforts to maintain a stable currency, set the tone for phenomenal economic growth, not only in Lithuania, but in neighboring Estonia and Latvia as well. The Baltic Region experienced monumental growth in the mid to late 1990s, which accelerated through the early 21st century. Sweeping reforms and growth culminated with the accession of Lithuania into the European Union in 2004. The combined economic story of Lithuania, Estonia and Latvia is quite comparable to that of the Asian Tigers of South Korea, Hong Kong, Singapore, and Taiwan. The three countries have thus earned the title of The Baltic Tigers. Lithuania’s accession into the EU fostered further development of the country and its economy on both the financial and political fronts.

Ensuring sustainable foreign economic relations of countries at the forefront and outskirts of the European Union

2020 ◽  
Vol 16 (10) ◽  
pp. 1980-1996
Author(s):  
T.S. Malakhova
Keyword(s):  
European Union ◽  
International Organizations ◽  
Economic Cooperation ◽  
Structure Model ◽  
Methodological Framework ◽  
The European Union ◽  
Early 21St Century ◽  
Economic Relations ◽  
Economic Bloc ◽  
The Eu

Subject. Foreign economic and trade ties among countries are getting tighter and less predictable in the early 21st century. This directly stems from a growing disparity of partners, especially if it goes about their future cooperation as part of integration groups or international organizations. Communities of experts suggest using various approaches to locally adjusting integration phases, especially implementing the two-speed integration in the European Union. Objectives. The study is an attempt to examine an improvement of foreign economic cooperation and suggest its implementation steps for the European Union. This all is due to considerable inner controversies and problems within the EU, which grow more serious year by year. Methods. The methodological framework comprises the historical logic, dialectical principles, scientific abstraction method. The process and system approach was especially important for justifying the implementation of the above steps. It was used to examine foreign economic relations of partners in the European Union. Results. The article sets forth the theoretical and methodological framework for the geostrategic economic bloc, including a conceptual structure model. I present steps to implement a foreign economic cooperation of partners in the EU in terms of its form. Conclusions and Relevance. Should the form of the foreign economic relations among the EU countries be implemented, counties at the periphery of the EU will be able to become active parties to the integration group.

International Aspects of Investment Liberalization in the PRC: A Case of EU-China Cooperation

2021 ◽  
Vol 13 (3) ◽  
pp. 190-224
Author(s):  
D. A. Potapov
Keyword(s):  
Foreign Investment ◽  
World Order ◽  
Special Focus ◽  
The European Union ◽  
Human Right ◽  
Foreign Investments ◽  
Eu Member States ◽  
International Aspects ◽  
The Eu

The paper examines the role of investment cooperation and national foreign investment regime as a means to promote China’s economic and political interests and to respond to new global challenges that the country faces nowadays. To this end, the author examines the main stages of China’s liberalization of the legal regime for foreign investment from the end of the 1970s with a special focus on a new foreign investment law. In doing so the author attempts to link the evolution of investment regulation in the PRC with the dynamics of international relations development and the changing role of China as a regional and global actor. The author emphasizes that a trend towards the emergence of a polycentric world order not only provokes the rise of international tensions but also provides new incentives to promote dialogue and enhance cooperation between states and non-governmental actors, particularly by encouraging foreign investments. At the same time, there is a growing need to improve regulatory mechanisms for direct foreign investments. All these contradictory trends have directly affected China’s foreign investment regime reform. In this context the investment cooperation between the PRC and the European Union is of particular importance. The EU possesses a set of innovative technological solutions and competencies that are of particular interest to the Chinese leaders in the context of their efforts to modernize the country’s economy. The paper examines the volume, dynamics and key directions of investment flows between China and the EU member-states. The fact that after seven years of difficult negotiations, the EU and China managed to develop a special bilateral regulatory mechanism — EU-China Comprehensive Agreement on Investment — underscores again the importance of this cooperation for both parties. Even though the EU has suspended the ratification of this deal on the pretext of human right violations in the Xinjiang Uygur Autonomous Region, the author concludes, that in the future this agreement will come into force, since the very logic of the emerging polycentric world order urges for deeper cooperation between the EU and China. In this context, the investment regulation appears not only as a means to protect the Chinese economic interests, but also as an instrument to strengthen China’s international positions in the changing global context.

scholarly journals Sustainable development, climate policy and environmental transformation of the Baltic region economies: a comparative analysis

2020 ◽  
Vol 208 ◽  
pp. 03055
Author(s):  
Anatoly Stepanov ◽  
Alexander Burnasov ◽  
Maria Ilyushkina ◽  
Yury Kovalev ◽  
Gulnara Nyussupova
Keyword(s):  
Energy Efficiency ◽  
Climate Policy ◽  
Baltic Region ◽  
Improve Energy Efficiency ◽  
Ranking Scheme ◽  
Environmental Transformation ◽  
The Baltic ◽  
National Economies ◽  
The Relationship ◽  
The Eu

The article considers the climate policy of the Baltic region countries. The reasons and factors for reducing CO2 emissions in the period 1990-2018 are analyzed, the relationship between the processes of decarbonization and the ecological transformation of farms are demonstrated. The EU influence on the climate policy of individual countries is studied. The features of evolution and the modern structure of the RES sector are explored. The assessment of measures to improve energy efficiency of national economies is given. According to the degree of climate policy efforts and the depth of the ecological transformation of national economies, a ranking scheme for the region countries is proposed.

scholarly journals PARTY POSITIONS ON THE EUROPEAN UNION IN THE BALTIC STATES: DO THEY COMPETE? DO THEY MIRROR VOTERS’ POSITIONS?

2018 ◽  
Vol 6 (6) ◽  
pp. 75
Author(s):  
Tomas Bekišas
Keyword(s):  
European Union ◽  
Party Systems ◽  
The European Union ◽  
Baltic States ◽  
Party Positions ◽  
The Baltic ◽  
The Eu

This paper aims to determine Lithuania’s, Latvia’s, and Estonia’s parties’ positions on the European Union (EU) and to ascertain whether these party positions mirror their voters’ positions on the EU. Analysis suggests that parties in this region have rather varied positions on the EU, with the exception of hard-Eurosceptic views, which are absent in Baltic states’ party systems. This paper also indicates that parties in the Baltic states tend to mirror, with some exceptions, their voters positions on the EU. This suggests that there may be additional factors determining parties’ positions regarding the EU in the Baltics.

Law enforcement practice in the EU in the field of labor migration

2020 ◽  
pp. 50-58
Author(s):  
Natalia G. Dekhanova ◽  
Keyword(s):  
Law Enforcement ◽  
Integrated Approach ◽  
The European Union ◽  
Access To Services ◽  
Labor Migrants ◽  
Eu Countries ◽  
Eu Member States ◽  
Social Nature ◽  
Further Development ◽  
The Eu

The article analyzes the regulatory framework. establishing the sta- tus of citizens of the countries of the European Union (EU). The author identifies problems that can become an obstacle in the process of unification of the law regulating labor of migrants in the EU countries. The study identified and analyzed the main problems faced by migrants from EU countries, in particular, migration registration, registration as an individual entrepreneur, access to services in the financial and credit sector and many other areas of activity of labor migrants. The author uses an integrated approach to considering the problems of mi- gration, economic and social nature. A proposal was made on the further development of partnerships between EU member states in the context of a pandemic and the introduction of severe restrictions.

The Scottish Conservatives and Europe: The Reluctant Brexit Party

2020 ◽  
pp. 169-181
Author(s):  
Anthony Salamone
Keyword(s):  
European Union ◽  
Conservative Party ◽  
Political Context ◽  
The European Union ◽  
House Of Commons ◽  
Future Prospects ◽  
Four Dimensions ◽  
The Uk ◽  
The Impact ◽  
The Eu

As Scottish Conservative leader, Ruth Davidson was a prominent campaigner for a ‘Remain’ vote in the European Union referendum of June 2016. Following the 2017 general election, meanwhile, Davidson repositioned herself as someone who could – aided by 13 Scottish Tory MPs in the House of Commons – influence the Brexit negotiations and nudge the UK Conservative Party towards a ‘soft’ rather than ‘hard’ deal with the EU. This chapter considers the impact of Brexit on the Scottish Conservatives during the leadership of Ruth Davidson in four dimensions: Brexit’s distinct Scottish political context, its electoral consequences, the conduct of Brexit within the UK, and the Brexit negotiations themselves. It concludes with reflections on the future prospects for the Scottish party in light of all four dimensions.

The Baltic States in the European Union

2018 ◽  
Author(s):  
Tanel Kerikmäe ◽  
Archil Chochia ◽  
Max Atallah
Keyword(s):  
European Union ◽  
Soviet Union ◽  
Development Aid ◽  
The European Union ◽  
Baltic States ◽  
The Road ◽  
The Soviet Union ◽  
Digital Development ◽  
The Baltic ◽  
The Eu

Integration with the European Union has been far less distressing for the three Baltic States than for numerous other accessing countries owing to their strong societal impetus to (re)join Western political, economic, and legal culture after they regained their independence from the Soviet Union in 1990. However, the accession of these states—Estonia, Latvia, and Lithuania—had several distinctive features related to constitutional background and settings, which heavily influenced problem solving between government and the EU institutions. In general, the controversial issues regarding how to solve the problems with supranational power have never been dramatic with regard to the Baltic States, which leads to the assumption that often the governments have taken rather compliant positions. The latest cases, such as the European Stabilization Mechanism, indicate the change in paradigm: the three Baltic States are more aware of the margin of appreciation and actual borderlines between policy making- and decision making. Today, in setting up an EU-related agenda, more skills than previously are needed in finding allies and choosing partners. The road the Baltic States took in joining the EU was a difficult one, nor has their role in the EU been easy. Should a small state with a big initiative be allowed to mentor other member states regarding that initiative, meaning in particular Estonia and its digital development? Another peculiar aspect of the Baltic States is their (inter)relationship with Russia. Considering themselves a bridge between East and West, the Baltics have been active in Eastern Partnership and Development Aid initiatives and have also spoken out strongly against intervention in Georgia and Ukraine. This position sometimes complicates any EU attempt to achieve consensus on foreign policy.

Tax revenues in the European Union countries

2017 ◽  
Vol 62 (5) ◽  
pp. 79-99
Author(s):  
Agata Szymańska
Keyword(s):  
European Union ◽  
Social Economic ◽  
Tax Rates ◽  
The European Union ◽  
Eu Countries ◽  
Excise Duty ◽  
Tax Revenues ◽  
Historical Factors ◽  
European Union Countries ◽  
The Eu

The aim of this paper is to analyse tax revenues and examine similarities of selected tax revenues (mainly VAT, CIT, PIT and excise duty) in the European Union countries. The analysis of the EU members concerns the period between 2003 (i.e. the year preceding the biggest enlargement of the EU) and 2012 (due to data completeness). Tax rates and the structure of tax revenues in the EU countries were compared and then the cluster analysis was applied to assess the similarity of tax revenues. The analysis suggests that the process of tax harmonization, which took place in the period considered, did not exert a significant impact on the similarity of the structure of tax revenues in the EU countries. The structure seems to be still determined by e.g. social, economic or historical factors, which influenced the tax systems creation in particular EU countries.

scholarly journals INTEGRAL SPACES IN THE EUROPEAN UNION: POSSIBLE TRENDS OF THE SOCIAL, ECONOMIC AND TECHNOLOGICAL INTEGRATION IN THE BALTIC REGION

2008 ◽  
Vol 9 (1) ◽  
pp. 65-77 ◽  
Author(s):  
Borisas Melnikas
Keyword(s):  
Regional Integration ◽  
Social Economic ◽  
Research Area ◽  
The European Union ◽  
Baltic Region ◽  
Baltic Countries ◽  
Technological Modernization ◽  
Integration Strategies ◽  
The Baltic ◽  
Technological Space

Regional integration oriented transformations in the Baltic region, as well as the unified social, economic and technological space formation processes are described and analysed. These processes are comprehended as an important factor of further social, economic and technological modernization in the Baltic countries, as a precondition for more intensive and active integration of Baltic economic systems into the European and global economic and technological structures, as well as a knowledge‐based society and knowledge economy creation factor. The arguments determining the idea of the Baltic region community and unity, as well as opposing arguments are evaluated. The main principles of integration in the Baltic region, as well as the possible integration strategies are analysed. The unified social, economic and technological space in the Baltic region as a research area is described.

Besteuerungsprinzipien und effektive Unternehmenssteuerbelastungen in der Europäischen Union: Regelt sich die EU-weite Steuerharmonisierung von selbst?

2011 ◽  
Vol 12 (1) ◽  
pp. 47-71 ◽  
Author(s):  
Christina Elschner ◽  
Jost H. Heckemeyer ◽  
Christoph Spengel
Keyword(s):  
European Union ◽  
Investment Decisions ◽  
Tax Rates ◽  
Eu Law ◽  
The European Union ◽  
Corporate Tax ◽  
Cross Border ◽  
Tax Regimes ◽  
Country Specific ◽  
The Eu

AbstractEU law demands that the allocation of factors and goods within the European Union shall not be distorted by taxes. Efforts to formally harmonize corporate tax regimes in Europe have, however, stalled in recent years. What is more, the source principle has prevailed over residence based taxation which is seen to be more in line with EU law. Tax induced distortions of cross-border investment decisions are supposed to be the consequence. Based on country-specific effective average tax rates from 1998 to 2009, this article shows that there is, however, non-coordinated convergence of tax burdens within the EU. Thus, distortions of cross-border investment decisions are limited and decreasing even without formal harmonization.

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