The Urban Development Fund: Catalyzing Sustainable Urban Development and Economic Growth in Slovenia
DOI:
https://doi.org/10.52152/23.2.205-222(2025)Keywords:
Financing, Input Output Analysis, Reproduction, sustainable urban development, economic growthAbstract
An analysis of the Urban Development Fund's influence on sustainable urban development and the Slovenian economy reveals crucial findings. With a 100 million euro investment in sustainable urban projects, the fund can yield substantial economic impacts. Construction projects are predicted to boost demand in the contractor sector, positively affecting key economic indicators like value added, employment, and government revenue. Similarly, directing 100 million euros toward small and medium-sized enterprises is expected to generate favourable economic outcomes, including increased employment, value added, R&D investment, and government revenue. This recurring effect promises substantial long-term financial gains. The study also evaluates the fiscal aspects, recognizing that the costs of fund operations are outweighed by revenue increases. Efficient allocation to small and medium-sized enterprises enhances these benefits. In summary, the Urban Development Fund's investments hold the potential to significantly benefit sustainable urban development and the broader Slovenian economy, fostering economic growth and bolstering government revenue over time.
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