Transformations  in
Business & Economics

JEL classification: Y20.

Transformations in Business & Economics (TIBE) journal continues in providing a focused outlet for high quality research in the ever-expanding area of Development Economics in the field of Social Sciences and related disciplines. The field research should not be limited by any narrow conceptualisation of development economics, but embraces interdisciplinary and multi-facet approaches to economic theory, business management, marketing, as well as general transformations in the economic, social-cultural, ecological, technological, competitive, demographic and political-legal environment.

Therefore, we expect original and authentic manuscripts, never published before in any format and not submitted to any other publishing institution, which are based on fact-centred research to establish economic and business management regularities, where the theory is motivated by substantiated empirical findings, where disciplined application of economic principles is used to explain and predict the real-world behaviour of organisations, markets and industries. We will continue to seek for:

• empirical studies, which provide convincing and significant findings of fact. Careful establishment of an interesting or puzzling empirical regularity is of value to the field if the author has a convincing explanation for the phenomenon;
• theoretical studies, which stress relatively robust ideas, and combine theory with a sense of empirical magnitudes, presenting fresh viewpoints and theoretical perspectives, new literature overviews and concept classifications, where a systems’ approach is a central focus of the research;
• explanatory research studies about a firm, an industry, or a business practice according to economic principles. Such a case study must go well beyond the purely descriptive by illuminating the ways in which industry practice and institutions can be understood in terms of economic principles. Factors that resist economic explanation also should be identified.

The current issue of TIBE presents guest and special editorials by Lithuanian and Spanish scholars, who envisage their insights on conceptual model of monetary policy in Lithuania (Birute Visokaviciene, Arturas Kaklauskas, Birute Galiniene) and analysing marketing capabilities, enterprise optimization programs and performance in Cuba (Joan Llonch, Alex Rialp, Josep Rialp).

Economic and financial transformations in the world were developed by Lithuanian, Slovenian and French scholars, comprising the realm of sovereign credit ratings, FDI incentives and farm efficiency.

Other two sections in the current TIBE issue are dedicated to sustainable solutions and socio-economic valuation of selected industries of beer brewing, mining, political candidacy, etc. A special research was performed on Germany’s economic performance and its coping strategies with economic crisis.

Prof. Dr. (HP) Dalia Štreimikienė
Editor-in-Chief