Public purpose investment: challenges, treats and opportunities for sustainable development

Abstract

Public investment management is becoming a prerequisite and the general goal of socio-economic development. That is, structural changes supported by public investment management institutions ensure economic growth, and their implementation is regula- ted by the criteria for ensuring the economic security of the State. It is proved that public investment management is a multifaceted category which reflects a socio-economic phe- nomenon and is considered as a motive and purpose of functioning of macro-systems; the level of autonomy (independence) of the economy, which ensures the achievement of the aggregate vector of interests of the structural elements of the macro-system; a qu- alitative characteristic of the economic system, which allows assessing its viability in the context of transformational changes.