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The transition to paperless management in municipalities is an essential step in achieving the goals of environmental economics and sustainability. To assess the benefits of such a transition and find weaknesses, the municipality of Liepaja (Latvia), in cooperation with the municipalities of Vila Nova de Poiares (Portugal) and Mielec (Poland), implemented a joint project. The present research evaluated the financial benefits of switching to paperless management as well as the benefits of training municipal employe...

Modern agriculture, or precision agriculture, is a method that enables better, more efficient and smarter farming, ensuring sustainable development. Precision agriculture can combine data obtained from GPS systems with data from aerial photographs to precisely determine soil needs based on this data. Combining this with precise weather forecasts and location determination systems provides a powerful tool for more efficient agriculture. New technologies have already created a niche in agriculture. By combining deta...

The research examines creativity as an important factor in the production of ecological products and the promotion of sustainable development in the regional economy. The research aims to examine how to promote creativity in the regional economy, what tools should be implemented to develop creativity in individuals, and how creativity is associated with overall prosperity and economic growth in the country. Nowadays, the problems of exploiting natural resources and management of constrained natural resources in th...

In 2019, the Green Cities submitted the first proposal for the Green Norm. The Green Norm is a set of practical recommendations mainly for politicians, officials and urban development officials. Green cities introduce this norm as a critical strategy for competitiveness. More and more people are moving to big cities, so we must consider climate-neutral solutions as the municipalities set an example. The number of green and climate-neutral towns in Europe and Latvia has constantly been increasing over the last deca...

Reducing the use of paper is, first and foremost, an essential factor for environmental economics and sustainability. Digital transformation is also one of the tools supporting the environmental economy, improving business efficiency and reducing costs in the following ways: reducing errors and processing times and increasing security and confidentiality. In the document on Digital Transformation Guidelines 2021-2027 (Cabinet of Ministers Order No 490 of 7 July 2021 on Digital Transformation Guidelines 2021-2027. ...

Stock market in Latvia necessitates to be increased in size to attract more investors and encourage economic development. The opportunity for stock market’s enhancement are registered companies in Latvia. What is the landscape of Latvian registered companies and weather, there are enough companies with financial profile having potential for stock market listing, that is the question to be assessed by the authors, comparing those companies’ financial profile to the average Baltic States and Nordic countries stock m...

Climate change, Paris agreement and following strategies for sustainable environment are key direction in 21st century, in order to have an environment and economy to live in for this and next generations. This topic is on the agenda of several high-level task forces at United Nations (UN) and the European Commission (EC). While some definitions and terms are still blurred and unclear, there are already several measurement indicators, which are monitored. One of 17 UN sustainable development growth (SDG) goals, nu...

The term smart growth is defined as developing an economy based on knowledge and innovations (EC, 2010). According to Eurostat (Eurostat regional yearbook 2014, Eurostat yearbook 2018, etc.), an expansion of the knowledge-based economy segment is observed in the European Union, which leads to a structural redeployment of the economy. Accordingly, growth in the knowledge-based economy segment becomes an important research problem in each EU Member State. The authors analysed this process in three Baltic States, pla...

Countries on the eastern coast of the Baltic Sea ? Estonia, Latvia, Lithuania and Poland ? experienced significant changes in the political and economic structure during the 20th/21th centuries. The aim of the research, first of all, is to assess the competitiveness of the Latvian economy compared with the other countries on the eastern coast of the Baltic Sea and, secondly, to evaluate the activities carried out in 2009-2016 in order to increase the competitiveness of the national economy. The Global Competitiven...

The rural space in the Baltic Sea East Coast States пїЅ Latvia, Lithuania and Poland пїЅ comprises a significant part of the territories of these states. It occupies more than half of each stateпїЅs territory and employs more than a third of labour market participants. For these reasons, the future prospects of the rural space in each of the states is an important issue in designing their smart growth strategies. Smart growth is determined not only by objective circumstances but also by local authorities, the acti...