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The Effect of Service Clusters on the Sustainable Economic Development

References Andriani, P., Jones, C., Perkmann, M., De Propris, L., Sena, V., Delbridge, R., Möslein, K., Neely, A. (2005). Challenging Clusters. The Prospects and Pitfalls of Clustering for Innovation and Economic Development. Advanced Institute of Management Research. Bekar, C., Lipsey, R. G. (2001). Clusters and Economic Policy. Policies for the New Economy, Montreal. Bruneckienė, J. (2010). Šalies regionų konkurencingumo vertinimas įvairiais metodais: rezultatų analizė ir vertinimas. Ekonomika ir vadyba, vol. 15, 2010, ISSN 1822-6515. p

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Professional Development of School Principals in the Pilot Program of ‘Pedagogical Flexibility’: The Israeli Case

References Administration of Teaching Workers (2014), Department A for Teaching Workers, Ministry of Education, Jerusalem. Bredeson, P. V. (2000). The School Principal’s Role in Teacher Professional Development. Journal of In-Service Education , 26 (2), 385-401. Brookhart, S. M., & Moss, C. M. (2015). How to Give Professional Feedback. Educational Leadership , 72 (7), 24-30. Castagnoli, P., & Cook, N. (2004). Growing Your Own Leaders: The Impact of Professional Development on School Improvement – Summary Report . Nottingham, England

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Development of Electronic Payments in Georgia

://cbw.ge/banking/georgia-is-the-leader-country-in-the-region-to-implement-innovative-technologies-visa-official/ Committee on Payment and Settlement Systems (2004). Survey of developments in electronic money and internet and mobile payments. Bank for International Settlements. Commonwealth of Independent States (December, 2005). Payment and Securities Settlement Initiative. Payments and Securities Clearance and Settlement Systems in Georgia. The World Bank. E-Payments in Europe – The Eurosystem’s perspective (September 2002). European Central Bank. Hock-Han Tee & Hway-Boon Ong (2016). Cashless Payment and Economic Growth. Tee and Ong Financial Innovation 2

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The Impact of E-Commerce Development on the Warehouse Space Market in Poland

. [Accessed 28.06.2016]. Retrieved from http:// www.ecommerceeurope.eu/.../european-b2c-e-commerce-report. Kabango, Ch. M., & Asa, A. R. (2015). Factors influencing e-commerce development: Implications for the developing countries. International Journal of Innovation and Economics Development, 1(1), 64 - 72. Kawa, A. (2014). Logistyka e-handlu w Polsce. [Accessed 20.01.2016]. Available: https://media.pocztapolska.pl/file/.../logistyka_e_handlu_w_polsce.pdf Logistyka e-commerce w Polsce. Przetarte szlaki dla rozwoju sektor

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Possibilities for Financial Technology Sector Development and its Impact on Banking Sector Profitability in Lithuania

-changing-FinTech-Markets-J.Jefferys-and-Randy.pdf Baležentis, A., & Žalimaitė, M. (2011). Ekspertinių vertinimų taikymas inovacijų plėtros veiksnių analizėje: Lietuvos inovatyvių įmonių vertinimas. Management theory and studies for rural business and infrastructure development , 3 (27), 23-31. Beaird, J. How the Rise of Fintech Could Affect Your Bank. [Accessed 19.11.2018] Available from Internet: https://www.whitlockco.com/fintech-and-your-bank/ Bektas, E. (2014). Are the determinants of bank net interest margin and spread different? The case of North Cyprus. Banks and Bank Systems , 9(4). Bikker

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Energy Consumption of Rail Baltica Project: Regional Aspects of Environmental Impact

Abstract

Research purpose. The high-speed railway (HSR) construction project in the Baltic States is the largest joint infrastructure project since the restoration of independence of Latvia, Lithuania and Estonia. Rail Baltica (RB) is considered as the most energy-efficient project having the lowest environmental impact. However, the issue of energy consumption of the project was not sufficiently addressed either in the investment justification of the RB construction or in the relevant research works regarding the project. The aim of the current research is to determine the indicators of energy consumption and carbon dioxide (CO2) emissions intensity of the Latvian section of RB, since they are the key factors of the quantitative assessment of sustainability.

Design/Methodology/Approach. Critical analysis of the academic research works and reports of the official international organizations dedicated to the topic of energy consumption and CO2 emissions of HSR was conducted prior to the calculation of the above-mentioned indicators. The method of calculation based on International Union of Railways (UIC) was used in order to conduct the cluster analysis within the framework of current work. The main points considered are electricity consumption, carbon dioxide emissions, and level of passenger and freight demand. Statistical databases of UIC and International Energy Agency were used.

Findings. The calculations carried out by the authors of the given article demonstrate substantial figures of CO2 emissions intensity for Latvian section of the project related to the train load rate and traffic intensity which is evened out only by the CO2 emissions factor in Latvia.

Originality/Value/Practical implications. On this basis the authors present the directions for future research required for the development of the effective strategy for the Latvian Republic with the aim of achieving the increase in the RB project’s ecological efficiency.

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Theoretical Aspects And Development Of The Mechanism For Risk Management In Small- And Medium-Sized Business

Abstract

Modern scientific research in the field of risk management is mainly devoted to general questions of the market theory of risk management, including qualitative risk analysis, protection of the rights of property owners and the study of the problems of selection of the best strategies for profitable market investments. The development of risk management mechanisms for small- and medium-sized businesses in Lithuania compared to other European markets is happening too slowly. The situation is aggravated by unstable situation of the field itself, corrupted officials and the lack of advanced control strategies for internal and external risk management in organisations. All these factors confirm the need to develop new management tools in the field of risk management at such enterprises. The aim of this article is to develop the mechanism of risk management of small and medium-sized businesses and justify it scientifically. The methodology of the research is based on the principles of objectivity using methods of comparative, logical, mathematical statistics and system-structural analysis.

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Occupational Standards: A Key to Improving Match Between Skills and Labour Market Needs in Lithuania

-processes to designing competence-based occupational standards and vocational curricula. European Journal of Training and Development , 41 (1), 50-66. Tūtlys, V., Kaminskienė, L., & Winterton, J. (2016). Policy borrowing and policy learning in the initial VET reforms of Lithuania after 1990. In S. Bohlinger, Thi Kim Anh Dang, M. Klatt (Eds.), Education policy: Mapping the landscape and scope (pp. 377-402). Frankfurt am Main: Peter Lang. Winterton, J. (2007). Building social dialogue over training and learning: European and national developments. European

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Econometric Modelling of Influence of Level of the Social and Economic Infrastructure On Quality of Life of the Population

Social and Economic Infrastructure of Territory: Experimental Modeling. International Journal of Business, Humanities and Technology, (2), 90-97. Ilchenko A., Ma Jun. (2012). Integrated Estimation of a Level of Development of a Social and Economic Infrastructure of Region. Modern High Technologies. The Regional Appendix, (4), 37-43. Kondratyev В. ( 2010). Infrastructure as the Factor of Economic Growth. [Accessed 10.11.2010]. Available from Internet: http://www.perspektivy.info Kularathe C. (2006). Social and Economic

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Enterprises Communication in e-Environment: Case Study of Latvia and Kazakhstan

networks. Expert Kazakhstan, №8 (400) Puce, R. E. (2016). Analysis of supermarket communications in Social Networks (Lielveikalu komunikācijas sociālajos tīklos analīze). Rīga: Biznesa augstskola Turība Sergeeva, O. Yu. & Khisamova, A.S. (2015). The modern Internet industry and its impact on the economy. In The IV International Scientific Conference “Problems of modern economy”. Conference proceedings, 74-77. Ščeulovs, D., & Gaile-Sarkane, E. (2014). Impact of e-environment on SMEs business development. 19 th International Scientific Conference

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