Konference 2011

BA School of Business and Finance

Riga International School of Economics and Business Education

Ventspils University College

International Scientific Conference

Changes in Global economic landscape – in search for new business Philosophy

28 – 29th April, 2011


Conference Venue: Riga International School of Economics and Business Administration, Meža street 3, Riga, Latvia


Main deadlines:

Submission of abstracts: 10.03.2011.

Notification of acceptance: 16.03.2011.

Full paper Submission: 20.06.2011.


Background and purpose

The economic downturn of 2008 led to dramatic economic changes especially affecting rapidly developing sectors, for example, entertainment, automobile production. It emerged that the demand was artificially maintained. This in turn had an impact on all interconnected branches. Eastern Europe (including Latvia) was severely affected by the crisis much more than other parts of the world. The situation in the Baltic region was bad.

We can talk about an (unstable) economic recovery only in 2010. Taking into account the fact that states with traditional economy based on primary sectors recovered from crisis faster than other countries, the question about the economic structure in Baltic States (especially, in Latvia) arises.

Looking at world economy on the whole, an increase in trade deficit can be observed between the West and the East – China, India. Such a situation cannot last indefinitely and there are limits to transferring production facilities, e.g. to China. A possible decrease in China’s pace of development should also be taken into account.

A lot of authors (I.Adizes, J.H.Braien) justly regard that we have experienced not an ordinary (cyclic) crisis, but a systemic crisis (especially taking into account growth in resource consumption and its possible shortfall).

All the abovementioned should be considered while planning a concrete business. We can talk about the necessity for a new business philosophy. To some extent we can say that a stable business is one that is oriented towards the satisfaction of an individual’s primary needs. The so called new sectors (connected with IT etc.) of the economy and enterprises, which were able to offer new products and services in the market that are in demand despite the economic downturn successfully managed to overcome the crisis.

The task of conference is to discuss the new philosophy of business based on analysis of changes in the world economy.


Conference scientific committee

Karoly Balaton, Prof., Dr., Corvinus University of Budapest, Hungary

Shima Barakat, Dr., University of Cambridge, United Kingdom

Ole Gjolberg, Prof., Dr., Norwegian University of Life Sciences, Norway

Madis Habakuk, Prof. Dr., Estonian Business School, Estonia

Vulfs Kozlinskis, Prof. Dr.habil., Riga International School of Economic and Business Administration, Latvia

Dorota Dobija, Prof. Dr. habil., Kozminski University, Poland

Virginijus Kundrotas, Prof. Dr., Baltic Management Development Association, Lithuania

Drahomira Pavelkova, Prof. Dr., Tomas Bata University in Zlin, Czech Republic

Patrick Sassmannshausen, Prof. Dr., Schumpeter School of Business and Economics, Germany

Irina Senņikova, Asoc.prof. Dr., Riga International School of Economic and Business Administration, Latvia

Irina Strelets, Prof. Dr., Moscow State Institute of International Relations, Russia

Vesa Tatilaa, Prof. Dr., Laurea University of Applied Sciences, Finland

El Thalassinos, Prof. Dr., University of Piraeus, Greece

Tatjana Volkova, Prof. Dr., BA School of Business and Finance, Latvia

Jānis Vucāns, Prof. Dr., Ventspils University College, Latvia

Key note speakers:

One of the Key note speakers – Minister of Finance of The Republic Latvia Andris Vilks


Participants from 14 countries: Austria, Slovakia, Hungary, Portugal, Czech Republic, China, Russia, Italy, Cyprus, Greece, United Kingdom, Finland, Ireland, Germany (already on 07.02.2011.)

Conference Journals

Journal of Business Management, ISSN 1691-5348

Proceedings of Conference


E-mail: conference@riseba.lv

Phone: +371 67807234


Conference Registration form_2011