Sustainable development progress and challenges - Modelling SDG’s based on the income level in European countries

Simple item page
dc.citation.epage26
dc.citation.rankM31
dc.citation.spage5
dc.citation.volume1
dc.contributor.authorVoza, Danijela
dc.date.accessioned2024-11-26T09:26:41Z
dc.date.available2024-11-26T09:26:41Z
dc.date.issued2024
dc.description.abstractSustainable Development Goals (SDGs) present a global framework for balancing the economy, society and environment. These are management tools for national, regional and global sustainable development planning and programming until 2030. The efforts to improve sustainable development data should be aimed at fostering innovation in SDG monitoring and modelling. Identifying inter-relationships between the 17 SDGs is crucial to managing them effectively and achieving sustainability. This study aims to explore the structure and interlinkages between the SDGs and determine the SDGs that significantly differ between groups of European countries depending on their income level. The dataset was created based on the European Sustainable Development Reports from 2017 – 2022 and World Bank open data. It was processed using the principal component analysis/factor analysis (PCA/FA) and discriminant analysis (DA). PCA of the data sets yielded five Principal Components with Eigenvalues ˃1, accounting for 81,57% of the total variance. Results indicate that specific social and economic indicators mostly determine the success of European countries in implementing sustainable development concepts. Also, there are notable synergies between SDGs, especially when it comes to the socio-economic dimensions. Conversely, important potential trade-offs with environmental-related SDGs are identified. The findings revealed that a higher level of economic development leads to greater success in implementing the general concept of sustainability. Lower-income countries are more advanced regarding the SDGs that fall under the environmental dimension – responsible consumption and climate change. The discrimination goals of responsible consumption and partnership for goals indicate clear differences between two groups of countries and can undermine progress toward sustainable development in high-income countries. It implies that socio-economic goals are prioritised over environmental ones when achieving sustainable development.
dc.identifier.isbn978-963-449-361-7
dc.identifier.urihttps://kgk.uni-obuda.hu/wp-content/uploads/2024/09/MEB2024_Proceedings_I_24.09.16.pdf
dc.identifier.urihttps://repozitorijum.tfbor.bg.ac.rs/handle/123456789/5894
dc.language.isoen
dc.publisherObuda University, Keleti Faculty of Business and Management, Budapest, Hungary
dc.rights.licenseARR
dc.rights.uriAll rights reserved
dc.sourceMEB 2024 - 22nd International Conference on Management, Enterprise, Benchmarking. Proceedings I., 19-20 April, 2024, Budapest, Hungary
dc.subjectSustainable Development Goals
dc.subjectIncome level
dc.subjectEuropean countries
dc.subjectPrincipal Component Analysis
dc.subjectDiscriminant analysis
dc.titleSustainable development progress and challenges - Modelling SDG’s based on the income level in European countries
dc.typeconferenceObject
dc.type.versionpublishedVersion

Files

Original bundle
Now showing 1 - 2 of 2
No Thumbnail Available
Name:
Voza, D. - MEB 2024.pdf
Size:
474.98 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
MEB2024_Invitation_Danijela Voza.pdf
Size:
449.12 KB
Format:
Adobe Portable Document Format
Download

Collections

NIR