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Žaneta Simanavičienė Andrius Stankevičius

Abstract

Unlike other sciences, economic science is closely related to social, political processes, with the market economic development not only in individual countries but also in the world. Globalization and social change have influenced not only economic understanding, but also the concept of economic theory. However, not all issues have been disclosed. The concept of economic security in the world emerged in relatively recent twentieth century. Economic security concept was introduced by the US President T. Roosevelt in 1934, by creating a federal committee for economic security. Since then, the term economic security and economic security issues have been under consideration at the various levels of government. Moreover, in order to investigate the manifestations of the economic security in Lithuania, it is necessary to analyze the legislation that reveals the legal provisions relating to economic security concept. Every country's ability to self-develop is the ability to independently implement and defend national interests and creating a favorable environment for investment and innovation, to develop intellectual potential. The economy, which constantly evolving, able to withstand internal and external threats. Economic processes, which are reliability and efficiency, allow processes to mitigate the destabilizing effects. The aim of research is to disclosure the manifestations of the economic security in the Lithuanian law system and impact to the country's competitiveness. The object of the research is the country's economic security. The research methods applied: document analysis method-applied to obtain information using qualitative analysis investigating concepts, programs, strategic documents, current legislation, scientific publications, ruling of the Constitutional Court of the Republic of Lithuania. Statistical data analysis method - applied to disclosure economic security importance in shaping the country's competitiveness. The logical analytic method - used to analyze the information collected on the basis of the formation of the intermediate and final conclusions. According to the study obtained data, formulated the following conclusions, that economic security, as a phenomenon is examined in both the legal and economic science. Based on analysis of law regulation, it’s no uniform and clear definition of economy security. On the contrary, the legislature divulges various conceptions, which meaning is closely related to economy security. It may influence logical contradictions of legal provisions, ambiguities, and flawed law regulation. Each country's well-being first correlated with income, which is distributed per capita, another important factor - the employment / unemployment prospects. Expanded further evaluation includes the social, environmental and other non-economic objectives - security, stability, and life expectancy. The economic policy has a significant indirect impact on economic security.

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