Abstract

In recent years has increased attention to the role of governments and the positive impact of public spending in economic development of the countries. Fiscal policy has an important role in the economic development process. in developed countries and developing countries. Also, attention is focused on the problems of their evaluation. However, evaluation of the efficiency of public investment can not be measured directly. Often, it is unclear what will be the results and this is a problem associated with public investments. The impacts of public investment are essential to economic and regional development. Decisions about public investment depend to a large extent by the effects of the economic, social and environmental expected. In this paper is treated evaluation of public investment on the basis of their impact on social indicators, at the local level. In the first part of this paper is treated the theoretical aspect of public investment, identification of social indicators and evaluation of public investment on the basis of these indicators. In the second part we have treated methodology for collecting and processing data. In this regard are used primary data through a questionnaire and for their processing is used SPSS version 21 (SPSS v21). Data analysis represents the third part of the study, namely through descriptive and graphical analysis, which expresses the connection of independent variables with the dependent variable. The perception of satisfaction of the population to social indicators, represent independent variable that we have included in our study, while the perception of the population for evaluating the efficiency of public investment represents the dependent variable.