IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2021v5p220-227.html
   My bibliography  Save this article

The Role Of The Public Investment Policy In The Funding Of Sustainable Development

Author

Listed:
  • OCOLISANU ANDREEA

    (LUCIAN BLAGA UNIVERSITY OF SIBIU, ROMANIA)

  • CANDALE VIRGIL

    (LUCIAN BLAGA UNIVERSITY OF SIBIU, ROMANIA)

  • AGARBICEANU MARCELA SIMONA

    (LUCIAN BLAGA UNIVERSITY OF SIBIU, ROMANIA)

Abstract

Development strategies must include public investment policies that address all the objectives of sustainable development. Sustainable development is conditioned by the government’s ability to promote, attract and direct those investments that meet the requirements of sustainable development objectives. The aim of the paper is to contribute to improving the relevance of public investment policies and to provide a deeper understanding of their importance as a source of funding for sustainable public projects. Despite the fact that public sector funding deficits, in key sectors, make the private sector desirable to grow, public sector investment remains fundamental and essential, including in terms of maintaining the quality of services at affordable levels and accessible to all. The authors argue that the public investment policy has a central role in managing the goals of sustainable development by providing adequate infrastructure, due to the fact that the public sector is the main investor in infrastructure and its investment decisions and institutional capacities directly affect the quantity and quality of infrastructure and the manner in which it supports growth, inclusiveness and sustainability.

Suggested Citation

  • Ocolisanu Andreea & Candale Virgil & Agarbiceanu Marcela Simona, 2021. "The Role Of The Public Investment Policy In The Funding Of Sustainable Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 220-227, October.
    • Handle: RePEc:cbu:jrnlec:y:2021:v:5:p:220-227
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2021-05/25_Ocolisanu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Andr�s Rodr�guez-Pose & Enrique Garcilazo, 2015. "Quality of Government and the Returns of Investment: Examining the Impact of Cohesion Expenditure in European Regions," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1274-1290, August.
    2. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thorsten Lehnert, 2019. "Asset pricing implications of good governance," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-14, April.
    2. Paulina Schiappacasse & Bernhard Müller & Le Thuy Linh, 2019. "Towards Responsible Aggregate Mining in Vietnam," Resources, MDPI, vol. 8(3), pages 1-15, August.
    3. Pina Puntillo, 2023. "Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 941-954, March.
    4. Schlör, Holger & Venghaus, Sandra & Hake, Jürgen-Friedrich, 2018. "The FEW-Nexus city index – Measuring urban resilience," Applied Energy, Elsevier, vol. 210(C), pages 382-392.
    5. Jean-Louis Combes & Alexandru Minea & Pegdéwendé Nestor Sawadogo, 2019. "Assessing the effects of combating illicit financial flows on domestic tax revenue mobilization in developing countries," Post-Print halshs-02315734, HAL.
    6. Muringani, Jonathan & Dahl Fitjar, Rune & Rodríguez-Pose, Andrés, 2024. "Political trust and economic development in European regions," LSE Research Online Documents on Economics 125630, London School of Economics and Political Science, LSE Library.
    7. Nelson, Ewan & Warren, Peter, 2020. "UK transport decoupling: On track for clean growth in transport?," Transport Policy, Elsevier, vol. 90(C), pages 39-51.
    8. Ibrahim Ari & Muammer Koc, 2018. "Sustainable Financing for Sustainable Development: Understanding the Interrelations between Public Investment and Sovereign Debt," Sustainability, MDPI, vol. 10(11), pages 1-25, October.
    9. R. Ebrahimi & S. Choobchian & H. Farhadian & I. Goli & E. Farmandeh & H. Azadi, 2022. "Investigating the effect of vocational education and training on rural women’s empowerment," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-11, December.
    10. Paolo Di Caro & Roberta Arbolino & Ugo Marani, 2018. "A note on the effects of human capital policies in Italy during the Great Recession," Economics Bulletin, AccessEcon, vol. 38(3), pages 1302-1312.
    11. Benjamin Nölting & Bettina König & Anne B. Zimmermann & Antonietta Di Giulio & Martina Schäfer & Flurina Schneider, 2022. "Dealing with the COVID-19 pandemic: an opportunity to reflect on sustainability research," Sustainability Nexus Forum, Springer, vol. 30(1), pages 11-27, December.
    12. Rashmi Jaipal, 2017. "Psychology at the Crossroads," Psychology and Developing Societies, , vol. 29(2), pages 125-159, September.
    13. Bárbara Galleli & Elder Semprebon & Joyce Aparecida Ramos dos Santos & Noah Emanuel Brito Teles & Mateus Santos de Freitas-Martins & Raquel Teodoro da Silva Onevetch, 2021. "Institutional Pressures, Sustainable Development Goals and COVID-19: How Are Organisations Engaging?," Sustainability, MDPI, vol. 13(21), pages 1-21, November.
    14. Sagarika Dey & Priyanka Devi, 2019. "Impact of TVET on Labour Market Outcomes and Women’s Empowerment in Rural Areas: A Case Study from Cachar District, Assam," Indian Journal of Human Development, , vol. 13(3), pages 357-371, December.
    15. Rostami-Tabar, Bahman & Ali, Mohammad M. & Hong, Tao & Hyndman, Rob J. & Porter, Michael D. & Syntetos, Aris, 2022. "Forecasting for social good," International Journal of Forecasting, Elsevier, vol. 38(3), pages 1245-1257.
    16. Maria Sassi, 2020. "A SEM Approach to the Direct and Indirect Links between WaSH Services and Access to Food in Countries in Protracted Crises: The Case of Western Bahr-el-Ghazal State, South Sudan," Sustainability, MDPI, vol. 12(22), pages 1-13, November.
    17. Seebacher, Moritz, 2023. "Pathways to progress: The complementarity of bicycles and road infrastructure for girls’ education," Economics of Education Review, Elsevier, vol. 97(C).
    18. Christina Tsouti & Christina Papadaskalopoulou & Angeliki Konsta & Panagiotis Andrikopoulos & Margarita Panagiotopoulou & Sofia Papadaki & Christos Boukouvalas & Magdalini Krokida & Katerina Valta, 2023. "Investigating the Environmental Benefits of Novel Films for the Packaging of Fresh Tomatoes Enriched with Antimicrobial and Antioxidant Compounds through Life Cycle Assessment," Sustainability, MDPI, vol. 15(10), pages 1-22, May.
    19. Olga Stepanova & Magdalena Romanov, 2021. "Urban Planning as a Strategy to Implement Social Sustainability Policy Goals? The Case of Temporary Housing for Immigrants in Gothenburg, Sweden," Sustainability, MDPI, vol. 13(4), pages 1-17, February.
    20. Alberto Bertossi & Stefania Troiano & Francesco Marangon, 2022. "Where is sustainability? An assessment of vending products," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(1), pages 155-180.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2021:v:5:p:220-227. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.