Primary energy resource consumption in the world is surveyed in the work and oil yield, production and consumption evaluated on the world level, also showing its density in the view of several states. Oil reserves are evaluated and the states with biggest oil reserves stated. The research proves consumption of primary energy oil in the world is increasing continuously. There are primary energy resources to be acquired in Latvia evaluated and primary energy resources in means of final consumption divided between types of energy estimated.

Innovation capacity has to be viewed as a consequence of properly operating innovation system. Well established and functioning innovation system is a result of enhanced by government innovation policy. In comparison with other European Union (EU 27) countries, innovation capacity indicators in Latvia remain low and considerably underperform, reflected in the 'European Innovation Scoreboard 2008', where Latvia took the 30th place among 32 countries. Problems and solutions are illustrated to represent innovation capacity in Latvia. This article consists of the following parts: first - theoretical aspects are selected to describe the essential definition of the analyzed subject. In the second part, experience from abroad is described, at the end – Latvian innovation policy and situation is analyzed and suggestions for further needs are formulated. The main results of analysis show that only a few elements of innovation capacity building are functioning at Latvian enterprises, whose aim is to build a base for the innovation capacity of the country.

Health care has an important role in regional economic and politic development because human life and health is the only criterion and prerequisite for any other value. If for any reason human loses more than 20% of his blood, he is not able to join in economic actions and is under a risk of dying. That is why economic development loses human resources. In case of losing blood, human life can be saved only by donor blood, since synthetic blood replacements have not been discovered yet. In this paper, historical development of blood donor movement as an aspect of economic development has been researched. Experiments, failures and scientific discoveries in blood transmission history have also influenced world economic history. Based on historical literature in Latvia and eye witness stories, historical development of blood donor movement in Latvia as well as its role in health care as a part of economics is studied in this paper.

The aim of this research is to evaluate the spatial differences of the agricultural economy of Latvia during the First Republic by using spatial autocorrelation calculations. Morans’s I coefficient of spatial autocorrelation is used to describe the spatial relations of the analyzed indicators. The obtained results show that Moran’s I for more than half of the obtained parameters is greater than 0.5, which indicates a rather high spatial autocorrelation. It was observed that variations of the spatial autocorrelation values can be explained by what affects these parameters. Spatial autocorrelation is significantly higher for those parameters whose value depends mainly on the variety of natural factors (land use, specific crop share). Moran’s I value for those parameters whose values depend on the actions by the local government in rural parishes is considerably lower (for example, budget allocation, etc.) A large portion of the examined parameters characterizing the level of parish economic development show the biggest differences when comparing Latgale with the rest of Latvia. In the case of such regional differences, Moran’s I is usually within 0.5–0.7, indicating moderately close spatial autocorrelation. For many indicators regarding agriculture and land use many southern parishes within Jelgavas and Bauskas county show a very considerable difference from the rest of Latvia showing much higher rate of agricultural production.

The aim of this research is to evaluate the spatial differences of the agricultural economy of Latvia during the First Republic by using spatial autocorrelation calculations. Morans’s I coefficient of spatial autocorrelation is used to describe the spatial relations of the analyzed indicators. The obtained results show that Moran’s I for more than half of the obtained parameters is greater than 0.5, which indicates a rather high spatial autocorrelation. It was observed that variations of the spatial autocorrelation values can be explained by what affects these parameters. Spatial autocorrelation is significantly higher for those parameters whose value depends mainly on the variety of natural factors (land use, specific crop share). Moran’s I value for those parameters whose values depend on the actions by the local government in rural parishes is considerably lower (for example, budget allocation, etc.) A large portion of the examined parameters characterizing the level of parish economic development show the biggest differences when comparing Latgale with the rest of Latvia. In the case of such regional differences, Moran’s I is usually within 0.5–0.7, indicating moderately close spatial autocorrelation. For many indicators regarding agriculture and land use many southern parishes within Jelgavas and Bauskas county show a very considerable difference from the rest of Latvia showing much higher rate of agricultural production.

Smart specialisation strategy (RIS3) is topical for each European Union member state – including the Baltic States. It is a smart tool for the European Union (EU) Structural Funds absorption from 2014 to 2020. Each EU member state has set their own priorities based on the country specialisation and economy strengths and weaknesses. For RIS3 development evaluation, there is RIS3 Assessment Wheel developed – a tool for assessing the RIS3 in a chosen region and positioning it between other regions. The aim of research is to find main differences between RIS3 development in the Baltic States. The tasks of research are 1) to compare existing RIS3 Assessment Wheel of Latvia and create authors version of RIS3 Assessment Wheel of Latvia; 2) to create RIS3 Assessment Wheel of Lithuania and Estonia; 3) to make comparisons between created RIS3 Assessment Wheels. The research performed is mainly based on the desk research by using content analysis and the monographic method. In all three Baltic States, there is a lack of information available about revision of priorities in connection with RIS3 development. In order to achieve the aims set in RIS3, it is essential to finish work on RIS3 legislation in Latvia, and introduce the systematic approach to RIS3 target evaluation in all Baltic States.

The processes of globalization in the world economy have a significant impact on different processes and development in all national economy sectors. Innovations and technological development have also increased the competition between economic operators. Faster growth is also observed in service industries. The global economic downturn affected the Baltic States whose development suffered a sharp decline at the end of 2008 and in 2009. A sudden drop in the demand in export markets, as well as the decline in the demand in the domestic markets due to low purchasing power contributed to the deterioration of the economic situation in the Baltic States, particularly in the manufacturing and construction sectors. Starting from 2011, the economic indicators in the Baltic States have been growing and here the export of goods and services can be mentioned as the main contributor to the development of the economy in the Baltic States. Significant changes in the development of economic sectors started in 2013 due to Russia’s economic problems. During the period 2005 – 2015, most of the value added to the overall structure of the national economy in all three Baltic States was brought by trade and manufacturing. The aim of the research is to analyse the national economy sectors in the Baltic States during the period 2005 – 2015 in order to determine processes that affected the development of economy sectors in each of the countries, or the opposite – the recession, thus finding the most competitive sector of the national economy of the Baltic States.

Society aims to develop frames for recognizing important geological and geomorphological sites and features or landscapes within their national and even transnational boundaries. Earth heritage sites educate the general public and preserve cultural and environmental matters. New trends of sustainable development, importance of site conservation are demanding that landforms and landscapes, rocks, minerals, fossils, soils should be protected legally, as they give understanding about the evolution of Mother Earth in local and regional context to generations. The Geopark concept was developed in cooperation with UNESCO and followed a large number of requests to UNESCO from all over the world, from geological institutions and geoscientists and non-governmental organizations, and it became extremely popular and influential to preserve those geological heritage areas, nowadays still recognized only nationally or not at all. This paper aims to give comprehensive overview of existing geoparks in the Baltic Sea Region, as well as analyse aspiring geoparks and unpublished initiatives of potential geopark (Livonia and Vooremaa) eventual establishment in frames of cultural and landscape preservation context. Criteria, requirements and earlier studies are given in context. The geoparks should mainly contain cultural and educational purpose while targeting the least possible damage in preservational aspect.

Based on data on the number of newly established enterprises and the total number of enterprises, the authors analysed whether and what changes occurred in the industries of the national economy that have high transfer potential in relation to smart specialisation implementation in the country, broken down by region, thereby identifying the RIS3 specialisation field on which the focus has to be placed and to which attention has to be drawn. The aim of the research is to identify the entrepreneurship development in RIS3 specialisation fields broken down by region and economic development according to the RIS3 specialisation fields. The research has found that the number of enterprises in the industries having high transfer potential in relation to RIS3 as a percentage of the total number of enterprises was slightly above 50%; the regional breakdown of the enterprises revealed that two thirds were located in the regions of Riga and Pieriga, and that ICT was the most significant RIS3 specialisation. In the post-crisis period, the number of newly established enterprises increased at the highest rate in 2011, exceeding the rate of the previous year more than two-fold, whereas in the next two years the rate decreased below the 2009 level.

This article analyzes the experience of economic clustering of Finnish industry. This experience is described in the report of the fundamental investigation which was carried out by the Research Institute of the Finnish Economy (ETLA) - Advantage Finland - The Future of the Finnish industries. The study deals with the competitiveness and future growth prospects of the Finnish industry on the basis of Michael E. Porter's theory of the competitive advantage of nations. The comparative advantage of Finnish industries has been moving from capital-and resource-intensive branches to those driven by know-how and technology. The author recommends to study this experience and to use it in Latvia. The finding of the real and potential business-groups in the economy of Latvia may be realized with the algorithm of clustering described by the professor of Colombian University (USA) David Stark on the base of Lursoft data of the Latvian enterprises.