Version 1
: Received: 12 June 2018 / Approved: 12 June 2018 / Online: 12 June 2018 (11:53:17 CEST)
How to cite:
Alinska, A.; Filipiak, B.Z.; Kosztowniak, A. Alliance of Financial Institution and Government in Sustainable Development: The Case of Poland. Preprints2018, 2018060190. https://doi.org/10.20944/preprints201806.0190.v1.
Alinska, A.; Filipiak, B.Z.; Kosztowniak, A. Alliance of Financial Institution and Government in Sustainable Development: The Case of Poland. Preprints 2018, 2018060190. https://doi.org/10.20944/preprints201806.0190.v1.
Cite as:
Alinska, A.; Filipiak, B.Z.; Kosztowniak, A. Alliance of Financial Institution and Government in Sustainable Development: The Case of Poland. Preprints2018, 2018060190. https://doi.org/10.20944/preprints201806.0190.v1.
Alinska, A.; Filipiak, B.Z.; Kosztowniak, A. Alliance of Financial Institution and Government in Sustainable Development: The Case of Poland. Preprints 2018, 2018060190. https://doi.org/10.20944/preprints201806.0190.v1.
Abstract
The striving for sustainable development has become the goal of actions undertaken not only by representatives of public authorities and institutions representing this sector, but also representatives of private entities who are increasingly recognizing the benefits and sources of long-term development based on the principles and objectives of sustainable development. These are mainly based on the pursuit of synergy in the three basic areas of activities, i.e., in the economic, social, and environmental dimensions as well as in the maintenance of natural resources. The implementation of these activities is connected with the necessity of incurring financial expenditures, which the government (public sector) does not have in the required value. Therefore, in the process of sustainable development for which the government is responsible, the active participation of the financial sector (banks) is necessary. Achieving results within the alliance of the concept of sustainable development requires the setting of a kind of contract, the parties of which are the government, society, and financial institutions. The purpose of the conducted research is to indicate by which means the government and the financial sector can stimulate economic growth towards its sustainable development.
Keywords
sustainable development; alliance; financial institution; banking sector; public finance
Subject
SOCIAL SCIENCES, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
