Sustainable Economy Involving the Public-Sector: Counteraction of the Structural Deficiencies of the Economy Cover Image

Fenntartható gazdaság a közszféra szerepvállalásával: gazdaságszerkezeti hiányosságok kiküszöbölése
Sustainable Economy Involving the Public-Sector: Counteraction of the Structural Deficiencies of the Economy

Author(s): Andrea Csata
Subject(s): Economy
Published by: Erdélyi Múzeum-Egyesület
Keywords: public sector; private sector; structural weaknesses of the economy; local economy

Summary/Abstract: The active role of public sector in achieving a functional economy has always been accepted but with the negative effects of the economic crisis it has become a necessity. The article is based on the observation that the functioning of local economy (especially in rural development) is poor because of the structural weaknesses of the economy in general. The solution to this situation proposed by the author is that the structural shortcomings of the local economy should be disclosed and counteracted by the active participation of the public sector or a more effective motivation of the private sector. It is also recommended that the intervention should follow a specific agenda. First those programs should be implemented which help to simultaneously solve the shortcomings of more sectors. Applying this model brings a positive contribution not only to counteract the structural weaknesses of the local economy and the shortcomings revealed by the SWOT analysis. The benefits of this model could be not only a sustainable local economy, but also a long-term sustainability of the local budget. The model can be applied most effectively at the local level, especially in rural development.

  • Issue Year: LXXIV/2012
  • Issue No: 2
  • Page Range: 20-28
  • Page Count: 9
  • Language: Hungarian