CONCEIVING A COMPOSITE EVALUATION FOR OFFICIAL DEVELOPMENT ASSISTANCE IN SUPPORTING SUSTAINABLE DEVELOPMENT GOALS AND ECONOMIC GROWTH
CONCEIVING A COMPOSITE EVALUATION FOR OFFICIAL DEVELOPMENT ASSISTANCE IN SUPPORTING SUSTAINABLE DEVELOPMENT GOALS AND ECONOMIC GROWTH
Author(s): Alina Georgeta AilincăSubject(s): Supranational / Global Economy, Business Economy / Management, Economic development
Published by: EDITURA INDEPENDENŢA ECONOMICĂ
Keywords: Official Development Assistance (ODA); economic development; world level; foreign direct investment;
Summary/Abstract: After an extremely difficult year, with colossal losses of human lives, discussions, debates and articles about sustainable development seem frivolous. However, the quality of the environment and the social situation of the world's population would probably have made a different impact on the number of illnesses and deaths if it had been treated more responsibly in the past. Therefore, this article discusses the capacity of financing for sustainable development in key areas of the world, in the period 2000-2019, through an instrument - Official Development Assistance. The composite analysis carried out, through three derived indicators, materialized in elasticities, really reflects the mobilizing capacity of official development assistance on the economy, being needed even more sustained efforts in the future for achieving the 2030 Agenda for sustainable development.
Journal: REVISTA ECONOMIA CONTEMPORANĂ
- Issue Year: 6/2021
- Issue No: 3
- Page Range: 66-74
- Page Count: 9
- Language: English