Naslov
THE SOCIAL ASPECT OF THE INVESTMENT EFFECTIVENESS ANALYSIS

Autori
Šperanda, Ivo ; Vučković, Marija ; Piplica, Damir

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Skup
2nd Dubrovnik International Economic Meeting (DIEM 2015)

Mjesto i datum
Dubrovnik, Hrvatska, 01.10.2015. - 03.10.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
social and private costs; investments; regional development

Sažetak
The aim of this paper is to highlight and to point out the importance of the evaluation of the investment project regarding the social aspect. The authors explore aspects of social cost-effectiveness assessment of the investment project, i.e. the impact of the investment on the overall economy, which depends heavily on the size and nature of the project and the amount of funds involved .This is why it is necessary to create economic and financial evaluation of investment projects from the viewpoint of society, or total economy, with special emphasis on the analysis and evaluation of the contribution of investment to regional development. Methodological planning and evaluation of return on investment, with special emphasis on the socio-economic dimension of investment, in the paper and associated with that considers the problems of divergence of private and social costs. The paper also points to the importance of a clear definition of the overall investment project in the very beginning of its economic and financial analysis, which is crucial for a proper assessment of the social effectiveness due to "cover up" social benefits and costs that may not be subject of direct trade off. The basic hypothesis of the paper stems from the stated and can be explicated as: adequate analysis and assessment of the social aspect of the effectiveness of the investment project significantly contributes to the regional economic development.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA