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Inclusive Economic Growth, Through European Projects For Sustainable Development

Author

Listed:
  • DIACONESCU, Florin

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

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.

Suggested Citation

  • DIACONESCU, Florin, 2021. "Inclusive Economic Growth, Through European Projects For Sustainable Development," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 9(1), pages 187-192, October.
    • Handle: RePEc:vls:rojfme:v:9:y:2021:i:1:p:187-192
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    More about this item

    Keywords

    inclusive economic growth; European projects; sustainable development;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • E - Macroeconomics and Monetary Economics

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