Investment protection: determination of legal aspects with reflecting to the innovations to ensure sustainable growth of the Slovak Republic

Abstract

Ensuring sustainable growth of the Slovak Republic is not possible without effective state investment policy. The most important pillar of the analysis by investors is protection (guaranties, insurance) of investments. The research was based on analysis of main protection institutes of investments in Slovak Republic and member states of the European Union for example: multilateral and bilateral treaties on protection of investments, fair equitable treatment, full protection and security, non-discrimination standards, national fonds guarantying investments, government guaranties and international, european and national legislation on investments, protection of investments by arbitration courts. Chosen decision of courts were subjects of analysis, their interpretation and common consent of their application. Base on research, the author proposed de lege ferenda for more effective legislation in investments and sustainable economic growth.

The regulation of funding troubled projects

“…If these qualities are present in a project, it can be described as a Troubled project (Gordon, 1971). Financial distress of the project may be caused by a number of financial reasons, such as an imbalance in the balance between the financial investments of the company that runs the project and the paid-up capital, which leads the company to borrow at high interest rates to cover the shortage of financial liquidity for the Troubled business project (Sidak et. al.…”

European Territorial Cooperation as a Factor of Tourism Development

“…Over the years, INTERREG V has become a key instrument of the European Union to foster cooperation between partners from different countries. (Kovac, 2016); (Sidak, Cibak, & Hajnisova, 2020) The aim is to find mutual solutions for issues, whether in the fields of health, tourism, research and education, transport, or sustainable energy. INTERREG programs are financed from the European Regional Development Fund to support the harmonious development of the European Union territory at various levels.…”

Distributing financial services by financial agents in correlation with legal and managerial aspects: case study of the Slovak Republic

“…The currently valid regulation carries the idea that a financial agent's care for its client does not end with the establishment of a contractual relationship, the legislator educates to responsibility and to cooperation at the key moment of the emergence of a claim for performance arising from the contractual relationship, which clearly shows the legislator's efforts to implement the concepts of client protection in the financial market (Sidak et al, 2020).…”