Transformative Investments in Sustainable Economic Development: Infrastructure Aspect

Elena Dvoryadkina,Gulnara Kvon,Olga Pozdeeva,W Strielkowski,E Animitsa,E Dvoryadkina

doi:10.1051/e3sconf/202020803031

Elena Dvoryadkina, Gulnara Kvon + Show 4 more

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https://doi.org/10.1051/e3sconf/202020803031

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Abstract

The article is devoted to the study of the role of infrastructure in the sustainable development of the economy, the investment of which makes it possible to ensure the achievement of social and environmental results along with economic ones. This type of investment has great potential in solving global problems of mankind, providing a positive impact on the economies of various countries. Mobilizing investment in infrastructure that catalyzes the improvement of environmental, social and political processes in economic systems stimulates the development of industries and often must precede this. The relevance of transformative investments is growing in the face of a lack of resources of governments of various states to address the priority problems of overcoming poverty, social inequality and reducing social tensions in this regard. Despite the fact that transformative investment is a relatively new topic, which is reflected in various discussions at the global level, the implementation of this form of investment to achieve the UN sustainable development goals in order to ensure a decent standard and quality of life for the population contributes to the creation of favorable conditions for interaction between countries.

Highlights

The second half of the twentieth century saw the increasing contradiction between the growth of the well-being of some countries and the deepening of poverty in others
The processes of globalization have intensified the mobility of people, expanded the opportunities for the exchange of goods and capital, scientific and technological progress has led to the improvement of communications, as a result, preconditions have been created for the formation of new opportunities for ensuring sustainable development of the world economy in general and developing countries in particular
Transformative investments are often associated with the Sustainable Development Goals (SDGs), which were adopted at the UN in 2015 [11]

Summary

Introduction

The second half of the twentieth century saw the increasing contradiction between the growth of the well-being of some countries and the deepening of poverty in others. The processes of globalization have intensified the mobility of people, expanded the opportunities for the exchange of goods and capital, scientific and technological progress has led to the improvement of communications, as a result, preconditions have been created for the formation of new opportunities for ensuring sustainable development of the world economy in general and developing countries in particular. The development process should be aimed at a constant increase in the well-being of the entire population, to promote its active, free participation in this process

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