CONCEIVING A COMPOSITE EVALUATION FOR OFFICIAL DEVELOPMENT ASSISTANCE IN SUPPORTING SUSTAINABLE DEVELOPMENT GOALS AND ECONOMIC GROWTH

Alina Ailincă ()

Contemporary Economy Journal, 2021, vol. 6, issue 3, 66-74

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.

Keywords: Official Development Assistance (ODA); economic development; world level; foreign direct investment (search for similar items in EconPapers)
JEL-codes: C43 F34 F35 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:6:y:2021:i:3:p:66-74

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