Sustainable Solutions in Development Countries – Lithuania Case

When analysing social and economic situation, a number of interrelated primary data and indexes defining the process development are used. In order to evaluate the situation and make decisions, the process of knowledge revelation is applied. It allows evaluating the main factors and choosing a field for direct investment in Lithuanian regions. In order to achieve these aims, integrated methods of factor and component analysis were applied. These models allowed calculating the main data of multi-dimensional nature and briefly and simply explain data structures with a number of variables. With assistance of factors and the main components, they showed the reality as well as the regularity directly unobserved. The cluster analysis of 1996–2001 showed that regions near big cities and main industry factories achieved higher development levels. This is why they are important for Lithuanian economy. The statistical analysis shows that the policy of investments should be amended and legal and economic directives regulating investment should be elaborated, since without these measures, investments will concentrate in regions next to the major cities and factories thus increasing the gap between the major cities and periphery towns, what contradicts to the idea of sustainable development. The research revealed that residents’ education is the main indicator to influence the development of information technologies and the technical progress of municipalities and identify the uneven development of cities and regions