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Investment Structures For Sustainable Procurement Across The Public Sector

Author

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  • Teodora (MÃNÃILÃ) PÃDUCEL

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

What is the meaning of the sustainable development concept? “Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs”.Why is it necessary that a nation to create a strategy based on sustainable principles? A sustainable development reflects a cohesive and coherent strategic vision to achieve continuous improvement of the quality of life for the present and future generations by creating sustainable communities that are capable to manage and use resources efficiently and to realize the potential of the economy for social and ecological innovation in order to provide prosperity, a better environment and social cohesion.This trend will occur more frequently in the decisions of public authorities and institutions, because the State must be the example to follow for operators that work and create value added in a solid economy

Suggested Citation

  • Teodora (MÃNÃILÃ) PÃDUCEL, 2011. "Investment Structures For Sustainable Procurement Across The Public Sector," Proceedings of the International Conference Investments and Economic Recovery, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 122-128, December.
    • Handle: RePEc:rom:efinvm:v:10:y:2011:i:1:p:122-128
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