Investigation of the impact of geopolitical and financial risks and their factors on the resilience of Lithuanian business and modelling of the impact of government decisions on business behaviour (RE4BUS)

Project no.: S-VIS-23-6

Project funding: Research Council of Lithuania, Competitive priority research programme “Strengthening Societal Resilience and Crisis Management in the Context of Contemporary Geopolitical Situation”

Project description:

The idea of the project is based on the insufficient research of the short-term effects and long-term economic and social consequences of large-scale unexpected crisis phenomena on business. In the context of this study, the method of simulation modeling would be applied in the context of current crises, taking into account possible measures to increase business resilience. The study carried out on the example of the Lithuanian economy and its results will allow to provide insights into the direction and extent of the impact of the economic consequences of crisis phenomena on individual groups of vulnerable companies, assessing the volume of activities, employment, and also to provide general insights into the consequences for individual sectors and regions of the economy.

Principal investigator: Valdonė Darškuvienė

Project duration: 2023 07 01 – 2026 06 30

Project coordinator: ISM University of Management and Economics