INCLUSIVE ECONOMIC GROWTH, THROUGH EUROPEAN PROJECTS FOR SUSTAINABLE DEVELOPMENT

Florin Diaconescu
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Florin Diaconescu: National Institute for Economic Research "Costin C. Kiritescu" (N.I.E.R.), Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2021, vol. 9, issue 1, 187-192

Abstract: In Romania, inclusive growth can be supported by the private sector, but it can not only stand on the shoulders of this sector, especially since the Romanian business environment is affected by factors such as: access to finance, inefficiency of government bureaucracy, tax rates, labor inadequately educated, exaggerated tax regulations, inadequate infrastructure etc. In order to be able to have inclusive economic growth, based on technological investments, which will ensure long-term sustainability, government support is needed in particular. The government is one of the major social agents of change. However, there must be cooperation with international organizations, the business community and NGOs and, last but not least, the consistent support that European projects can provide. Only corroborated and coordinated action by these entities can support inclusive growth.

Keywords: inclusive economic growth; European projects; sustainable development (search for similar items in EconPapers)
JEL-codes: E O (search for similar items in EconPapers)
Date: 2021
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