THE IMPACT OF FINANCIAL RESOURCES IN SIBIU COUNTY ON RURAL DEVELOPMENT

VI international scientific conference Sustainable agriculture and rural development, 11-12. 12. 2025, Belgrade  [pp. 671-680]

 

AUTHOR(S) / АУТОР(И): Madalin Ionut Sandu, Bianca Maria Boțîrcă

 

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DOI: https://doi.org/10.46793/zbIEP25.671IS

ABSTRACT / САЖЕТАК:

The paper analyzes the impact of investments carried out through the PNDR and PNS on rural development in the Sibiu County, during the period 2015-2024. The socio-economic analysis highlights a relatively stable population, rising incomes, and agriculture dominated by cereals, supported by the modernization of technical and material resources. Investments had a fluctuating dynamic, with peaks in 2016-2017, and a sharp decline afterwards. The largest funds targeted rural infrastructure and the modernization of agricultural holdings, while small projects and cooperatives received limited resources. Statistical correlations indicate a positive impact of investments on mechanization and productivity, but also an unequal distribution of economic effects. In conclusion, investments have contributed to the modernization of agriculture and rural infrastructure, yet eficiency and equity remain challenges, requiring a strategy better aligned with the local needs to ensure a sustainable impact.

KEYWORDS / КЉУЧНЕ РЕЧИ: 

Investments, rural development, Sibiu county, sustainability

ACKNOWLEDGEMENT / ПРОЈЕКАТ:

This research was partially conducted as a result of the Erasmus+ mobility of Sandu Madalin Ionut and Botirca at the Institute of Agricultural Economics, Belgrade, Serbia. The mobility took place from December 8, 2025, to December 12, 2025.

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