2025 Issue No. 48 / September
1. Zoltán GRÜNHUT,PhD, Ákos BODOR,PhD THE POST-WEST OF POST-NATIONS AND THE EAST AS NEW WEST VIKTOR ORBÁN’S VISION FOR EUROPE AND THE CULTURAL GAP IT TRIES TO EXPLOIT
2. Alika GUCHUA, PhD, Besik ALADASHVILI, PhD SANCTIONS: AN EFFECTIVE TOOL IN GLOBAL AFFAIRS? EVALUATION IN LIGHT OF SANCTIONS AGAINST RUSSIA 3. Valur INGIMUNDARSON, PhD HEDGING VERSUS BALANCING: SMALL STATE POLICY OPTIONS AND GEOPOLI-TICS IN THE NORTH 4. Bacho Bitari KHUROSHVILI, PhD candidate POLICY PLANNING SYSTEM IN GEORGIA: EVOLUTION AND ENDOGENOUS CHALLENGES 5. Iryna SHKODINA, PhD, Marina IVASHCHENKO, PhD INNOVATIVE APPROACHES TO GREEN INVESTMENT: A DECENTRALIZED FI-NANCIAL MODEL FOR THE EUROPEAN The paper proposes an integrated digital finance model for sustainable investment, addressing key challenges in the European market, such as accelerating capital flows into green projects, expanding small and medium-sized enterprises’ (SMEs) access to financing, and enhancing transparency through dynamic ESG metrics. The methodological framework is based on a quantitative model that predicts the impact of digital innovations on investment attraction for sustainable projects, reducing transaction costs, and eliminating access barriers for private investors. By leveraging blockchain, DeFi, and artificial intelligence (AI), the proposed model fosters an efficient, transparent, and inclusive financial ecosystem for sustainable investment. Additionally, this paper out-lines the necessary regulatory steps for adapting the proposed model, emphasizing policy harmonization, digital infrastructure development, and financial literacy initiatives. The findings conclude that integrating digital finance into sustainable financial systems is a critical driver in achieving EU climate goals, while also unlocking new financing avenues for green projects in Euro-pean countries and Ukraine. Future research will focus on empirically testing the model across different EU regions, considering levels of digitalization, regulatory frameworks, and socio-economic conditions, with particular attention to developing economies. 6. Jarosław SZCZEPAŃSKI, PhD IDEOLOGICAL TRIANGLE: HOW TO OVERCOME THE LEFT-RIGHT MODEL OF THE POLITICAL SPECTRUM 7. Alban RELI, PhD candidate, Anjeza XHAFERAJ PhD PERMANENT REVOLUTION: THE IMAGE OF THE CLASS ENEMY IN THE LITERATURE OF SOCIALIST REALISM IN ALBANIA 8. Jón ÓLAFSSON, PhD CONSTITUTIONAL REFORM REVISITED: FROM CROWDSOURCING TO STAGNATION