E3S Web of Conferences (Jan 2020)
Transformative Investments in Sustainable Economic Development: Infrastructure Aspect
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.