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Conceiving A Composite Evaluation For Official Development Assistance In Supporting Sustainable Development Goals And Economic Growth

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  • Alina Georgeta AILINCA

    (Victor Slavescu Financial and Monetary Research Center, INCE, Romanian Academy)

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.

Suggested Citation

  • Alina Georgeta AILINCA, 2021. "Conceiving A Composite Evaluation For Official Development Assistance In Supporting Sustainable Development Goals And Economic Growth," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 6(3), pages 66-74.
    • Handle: RePEc:brc:brccej:v:6:y:2021:i:3:p:66-74
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    References listed on IDEAS

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    More about this item

    Keywords

    Official Development Assistance (ODA); economic development; world level; foreign direct investment;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation

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