scholarly journals Decent Work and Economic Growth in the European Union. A partial order analysis of Eurostat SDG 8 data

Green Finance ◽  
2021 ◽  
Vol 3 (4) ◽  
pp. 483-494
Author(s):  
Lars Carlsen ◽  
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Sustainable Development ◽  
Essential Elements ◽  
Partial Ordering ◽  
General Situation ◽  
The European Union ◽  
Decent Work ◽  
The Sustainable Development ◽  
Employment Situation

<abstract> <p>Decent work and economic growth are regarded as essential elements for the sustainable development of countries. Thus, the Sustainable Development Goal No. 8 (SDG 8) is specifically devoted to this. The present paper reports on partial ordering-based analyses of the main indicators for the 27 European member states for their complying with SDG 8. The analyses are based on five main indicators, real GDP (GDP), investment share of GDP by institutional sectors (INV), young people neither in employment nor in education and training (NEET), employment rate (EmpR) and long-term unemployment rate (LtUR). The analyses comprise 1) an overall analysis taken all five indicators simultaneously into account, 2) the investment profiles of the countries applying investment from business, government of households as indicators and 3) the employment situation in the single countries with the NEET, EmpR and LtUR as indicators, specifically looking at differences between males and females. The data gives rather clear-cut pictures of the general situation in the European Union as well on the investment profiles and employment situation. In all cases the countries are mutually ranked and compared to the population averaged values for the Union (EU27).</p> </abstract>

scholarly journals THE IMPACT OF BIOFUELS UTILISATION IN TRANSPORT ON THE SUSTAINABLE DEVELOPMENT IN THE EUROPEAN UNION

2017 ◽  
Vol 23 (4) ◽  
pp. 667-686 ◽  
Author(s):  
Mihaela SIMIONESCU ◽  
Lucian-Liviu ALBU ◽  
Monica RAILEANU SZELES ◽  
Yuriy BILAN
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Sustainable Development ◽  
Energy Consumption ◽  
Positive Impact ◽  
The European Union ◽  
The Sustainable Development ◽  
Greenhouse Emissions ◽  
Causality Tests ◽  
The Impact

The biofuels sustainability in transport depends on the energetic products demand and the limited resources. According to European legislation, the energy consumption in transport from renewable energy in the European Union should increase by 10% till 2020. Considering the environmental requests related to greenhouse gases reduction and a lower dependency on oil fuels stimulated more the biofuels production, this research empirically assessed the impact of energy consumption in transport based on biodiesel and bioethanol on sustainable development in terms of economic growth and greenhouse emissions. Using dynamic panel and panel vector-auto-regression models for European Union countries during 2010–2015, we proved that only the energy consumption in transport based on biodiesel had a positive impact on economic growth. The greenhouse emissions did not have any impact on economic growth while the energy consumption in transport based on bioethanol negatively affected the economic growth. The Granger causality tests on panel data indicated a bilateral relationship between economic growth and energy consumption in transport based on biodiesel and between economic growth and energy consumption in transport based on bioethanol. Given these empirical results, the energy policies should focus on the higher utilisation of biodiesel in transport in the EU.

scholarly journals Realization of the Aims of Sustainable Development in “Strategy for the Social and Economic Growth of Eastern Poland by 2020”

2014 ◽  
Vol 5 (1) ◽  
pp. 43-60
Author(s):  
Anna Busłowska
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Sustainable Development ◽  
Statistical Data ◽  
Social Economic ◽  
The European Union ◽  
The Sustainable Development ◽  
The Social ◽  
Development Goals ◽  
The Eu

The realization of the idea of the sustainable development is a direction of development of many countries in the world, also in the European Union. It is possible to find examples of such action in the structural policy conducted by the  EU. It is directed at deliberate and intentional activity of the official authority  aiming at the harmonious development of EU regions. In particular it is regarding eastern regions of Poland which are reporting wide financial support from the budget of the European Union for social, economic and ecological growth. Particular directions of that growth contains “Strategy for the social and economic       growth of Eastern Poland by 2020”. The purpose of this article is to evaluate (using       available statistical data) the implementation of development goals in eastern  Polish regions contained in the Strategy in the context of sustainable development.    

scholarly journals Impact of Education and Economic Growth on Labour Migration in the European Union. A Panel Data Analysis

2020 ◽  
Vol 23 (4) ◽  
pp. 55-67
Author(s):  
Nicolae Istudor ◽  
Vasile Dinu ◽  
Emilia Gogu ◽  
Elena-Maria Prada ◽  
Irina-Elena Petrescu
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Sustainable Development ◽  
Panel Data ◽  
Sustainable Development Goals ◽  
The European Union ◽  
The Sustainable Development ◽  
The United Kingdom ◽  
Panel Data Regression ◽  
Development Goals

Since migration is considered to play an important role on the attainment of the sustainable development goals (SDG’s) this study analyses the reversed perspective of the migration-SDG’s nexus. The data set consists of 308 observations on 28 European Union countries (including the United Kingdom) over a time span of 11 years (between 2008 and 2018). The analysis employed various stages of estimation in order to compare different results obtained from the panel data regression models. Besides the classical panel data regression models, the paper includes the estimation of Arellano-Bover/Blundell-Bond model that uses the Generalized Method of Moments (also known as GMM) as an econometric tool to solve the endogeneity of the selected variables. The focus is on two sustainable development goals: labour and economic growth, and education of the European Union member states plus the United Kingdom. The results showed that there is a significant influence of the selected variables on the migration flows at the European Union level. Although there are some contradictory results regarding the direction and statistical significance of the link between the variables of interest, most estimators do not have fundamentally different results. The GDP per capita keeps its positive impact on migration by generating an immigration flow towards countries with high GDP per capita. Economic growth proves to be the main trigger of migration, while education also plays an important role in shaping migration. The importance of this study derives from the reversed perspectives analysis, considering migration as being directly influenced by the achievement of the sustainable development goals.

scholarly journals The Role of EU Innovation Policies in the Sustainable Development of the Energy Sector

2017 ◽  
Vol 62 (2) ◽  
pp. 3-19 ◽  
Author(s):  
Olesea Sirbu ◽  
Rodica Crudu ◽  
Augustin Ignatov
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Energy Sector ◽  
Sustainable Growth ◽  
The European Union ◽  
Demographic Pressure ◽  
The Sustainable Development ◽  
Global Power ◽  
Energy Domain ◽  
The Impact

Abstract In the present conditions when the demographic pressure upon the environment is higher than ever, the humanity faces the challenge of sustainability. Namely the sustainability of human activities is important and nothing can assure it better than sustainable energy supplies. The European Union is the leading global power in terms of adjusting its policies to increase innovation to assure a sustainable growth of its energy sector as a key to an advanced economic system. The present research focuses on the impact of European Union policies on the sustainable development of its energy sector by analyzing quantitatively and qualitatively various indicators intended to offer a throughout insight. The results obtained focus on the identification of the main innovation paradigms; the description of the main modern environmental challenges, especially in the energy domain; the determination of the relation between innovation and energy sustainability, and its analysis at the level of European Union.

scholarly journals United Nations' sustainable development goals review: Dual analysis of Romania and Denmark

2020 ◽  
Vol 67 (4) ◽  
pp. 1309-1336
Author(s):  
Vlad Turcea
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
United Nations ◽  
Sustainable Development Goals ◽  
Action Plan ◽  
Investment Behavior ◽  
The European Union ◽  
The Sustainable Development ◽  
Dual Analysis ◽  
Development Goals

The present paper aims to highlight the discrepancies between two countries of the European Union, Romania and Denmark, in the perspective of the Sustainable Development Goals. As Denmark is seen as a primer European and Global nation in achieving the United Nations' targets, Romania can use this example as a guideline on how to act and to obtain the most notable results. The article proposes some key principles that Romanians could follow in order to successfully fulfill the 2030 Action Plan having, as an example, the strategies and indicators reached by Denmark. The current work paper is structured as a review of the two reports that voluntarily summarize the situation of the Sustainable Development Goals in each state, followed by a statistical analysis of investment behavior and concluded with an analysis of the most notable differences between the states based on the dataset published by Eurostat.

scholarly journals Resources of Sustainable Economic Growth and Development

2020 ◽  
Vol 12 (1) ◽  
Author(s):  
Jelena Ignjatovic
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Development Strategy ◽  
Social Inclusion ◽  
Three Dimensions ◽  
Development Economic ◽  
Gender Inequalities ◽  
The European Union ◽  
The Sustainable Development

The Sustainable Development Strategy implies a targeted long-term process that affects economic, social, environmental and institutional aspects of life. The goal is to meet the social and economic interests of citizens, reduce poverty, reduce unemployment and gender inequalities and reduce negative impacts on natural resources and the environment, resulting in long-term economic growth with economic efficiency, technology and innovation. Accordingly, in 2015, the United Nations adopted Resolution A / RES / 70/1 - Transforming our world: the 2030 Agenda for Sustainable Development, based on three dimensions of sustainable development: economic growth, social inclusion and environmental protection. At the end of the 20th century, parallel with the theory of development, which turned into the concept of sustainable development, there was globalization that integrated the entire world regions in order to gain as strong economic and financial positions as possible on the world stage. Today, Serbia is not in a position to choose whether to engage in modern globalization processes, but it must continue the initiated transitional reforms and accession to the European Union, regardless of the economic, political or environmental consequences. By implementing national policies, Serbia should aim at national and economic sovereignty, which will further influence sustainable development. Only by changing the current economic policy, by creating a national strategy based on the exploitation of domestic economic and industrial potentials, by reducing unemployment, social responsibility and individual freedom, economic growth and sustainable development can be achieved. This work, besides the introduction, consists of materials based on the presentation of the sustainable development strategy of the Republic of Serbia and also presents the results and discussion that draft the current situation with possible solutions to achieve sustainable development in the future. Finally, the final ratifications are provided.      

The Impact of Collaborative Consumption on Sustainable Development

2020 ◽  
pp. 37-49
Author(s):  
Erhan İşcan
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
20Th Century ◽  
Decent Work ◽  
Collaborative Consumption ◽  
The Sustainable Development ◽  
Goods And Services ◽  
Rapid Economic Growth ◽  
Economic Paradigm ◽  
The Impact

Excessive use of goods and services and industrialization progress of 20th century depleted resources and emerged the sustainable development as the main target of the policymakers, but past experiences and consequences of rapid economic growth of 20th century showed that there must be a change in the policies. Alleviating of poverty with inequalities and hunger in a degraded environment is needing sustainable cities and communities that have decent work for economic growth. In this context, perhaps, there must be a change in the economic paradigm beyond a policy change. Collaborative consumption is this new economic paradigm that has changed the understanding of the economic system. This new economic paradigm is depending on the sharing of idle resources with or without a fee that changed the importance of asset ownership. The main aim of this chapter is to present the impact of collaborative consumption on the 10 Sustainable Development Goals of the UN.

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