scholarly journals Defence Expenditure–Government Debt Nexus in the Context of Sustainability in Selected Small European Union Countries

2021 ◽  
Vol 13 (12) ◽  
pp. 6669
Author(s):  
Gitana Dudzevičiūtė ◽  
Vida Česnuitytė ◽  
Dalia Prakapienė
Keyword(s):  
European Union ◽  
Government Debt ◽  
Main Category ◽  
The Sustainable Development ◽  
Finance Management ◽  
Management Processes ◽  
European Union Countries ◽  
Development Goals ◽  
The Relationship ◽  
Defence Expenditure

This paper explores the relationship between defence expenditure and government debt in small European Union countries that are members of NATO, such as Luxembourg, Lithuania, Latvia, Estonia, DRenmark, Slovakia, and Slovenia. The investigation used Eurostat data in relation to gross government debt, as well as NATO information regarding defence expenditure as a share of GDP and its distribution by main category for the period between 2005 and 2019. The authors applied descriptive statistics and methods of multivariate statistics: Spearman’s correlation, the ANOVA test, and Life tables. Taking into consideration the tendencies of variables in all examined countries, the results show that the share of defence expenditure in GDP correlates statistically significantly and negatively with government gross debt. Latvia, Slovakia, and Slovenia revealed statistically significant relationships between variables, while Luxembourg, Denmark and Lithuania insignificant. In Estonia, the relationship between variables is strong and positive. Additionally, the investigation shows that, whether for increasing defence expenditure or for stable or decreasing defence expenditure, the trajectories of government debt have no clear interrelation in explored countries. Therefore, the cause of government debt by means of defence expenditure alone can only be partially explained. The insights that were drawn from this study could be applied to government finance management processes, as well as to ensure both national security and the achievement of the Sustainable Development Goals 2030.

Global Health and International Development

2018 ◽  
pp. 216-235
Author(s):  
Andrew Harmer ◽  
Jonathan Kennedy
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Global Health ◽  
Economic System ◽  
International Development ◽  
Sustainable Development Goals ◽  
The Sustainable Development ◽  
Development Goals ◽  
The Relationship ◽  
Global Population

This chapter explores the relationship between international development and global health. Contrary to the view that development implies ‘good change’, this chapter argues that the discourse of development masks the destructive and exploitative practices of wealthy countries at the expense of poorer ones. These practices, and the unregulated capitalist economic system that they are part of, have created massive inequalities between and within countries, and potentially catastrophic climate change. Both of these outcomes are detrimental to global health and the millennium development goals and sustainable development goals do not challenge these dynamics. While the Sustainable Development Goals acknowledge that inequality and climate change are serious threats to the future of humanity, they fail to address the economic system that created them. Notwithstanding, it is possible that the enormity and proximity of the threat posed by inequality and global warming will energise a counter movement to create what Kate Raworth terms ‘an ecologically safe and socially just space’ for the global population while there is still time.

scholarly journals Environmental Production Efficiency in the European Union Countries as a Tool for the Implementation of Goal 7 of the 2030 Agenda

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4593
Author(s):  
Katarzyna Cheba ◽  
Iwona Bąk
Keyword(s):  
European Union ◽  
Production Efficiency ◽  
Energy Use ◽  
The European Union ◽  
2030 Agenda ◽  
European Union Countries ◽  
Taxonomic Methods ◽  
Development Levels ◽  
The Relationship ◽  
The Eu

The main purpose of the paper is to present a proposal to measure the relationships between Goal 7 of the 2030 Agenda for Sustainable Development and one of the areas considered in the green growth concept: environmental production efficiency. Both of these areas illustrate the relationship between the natural environment and the economy, emphasizing transformations in the field of energy use. Selected taxonomic methods, TOPSIS, and multicriteria taxonomy, were applied to study the relationships between the two areas. The results of the EU countries classification showed a variety of countries’ development pathways within a single economic community. Despite continued attempts to equalize the development levels between European Union countries in many strategic areas, they remain highly diversified. That is also true for the areas analyzed in the paper, which is a disturbing situation, indicating that both strategies might not correlate in all respects. Further research into the relationships linking the remaining dimensions of both strategies is required.

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 CORRUPTION, CAPITAL ABUNDANCE AND ECONOMIC DEVELOPMENT: EVIDENCE FROM THE EUROPEAN UNION COUNTRIES

2016 ◽  
Vol 10 (2) ◽  
Author(s):  
Vlatka Bilas ◽  
Mile Bošnjak ◽  
Sanja Franc
Keyword(s):  
European Union ◽  
Economic Development ◽  
Law Enforcement ◽  
Rule Of Law ◽  
Explanatory Power ◽  
The European Union ◽  
The Rule Of Law ◽  
European Union Countries ◽  
The Relationship

The aim of this paper is to establish and clarify the relationship between corruption level and development among European Union countries. Out of the estimated model in this paper one can conclude that the level of corruption can explain capital abundance differences among European Union countries. Also, explanatory power of corruption is higher in explaining economic development than in explaining capital abundance, meaning stronger relationship between corruption level and economic development than between corruption level and capital abundance. There is no doubt that reducing corruption would be beneficial for all countries. Since corruption is a wrongdoing, the rule of law enforcement is of utmost importance. However, root causes of corruption, namely the institutional and social environment: recruiting civil servants on a merit basis, salaries in public sector competitive to the ones in private sector, the role of international institutions in the fight against corruption, and some other corruption characteristics are very important to analyze in order to find effective ways to fight corruption. Further research should go into this direction.

scholarly journals Potential and competitiveness of EU countries in terms of slaughter livestock production

2019 ◽  
Vol 65 (No. 12) ◽  
pp. 550-559 ◽  
Author(s):  
Agnieszka Tłuczak
Keyword(s):  
European Union ◽  
Great Britain ◽  
Spatial Econometrics ◽  
Cattle Production ◽  
Strong Concentration ◽  
Eu Countries ◽  
Slaughter Cattle ◽  
European Union Countries ◽  
The Impact ◽  
The Relationship

Models and methods of spatial econometrics are gaining more and more popularity. Their advantage is the opportunity to examine the interrelationships between individual territorial units. These methods, apart from the own potential of the region, take into account the impact of neighbouring objects and location in space. The aim of the study is to examine the relationship between the potential and the level of competitiveness of individual European Union countries in the field of slaughter cattle production. In addition, the paper attempts to determine the specialisation of individual EU countries in the production of slaughter animals by sector. The analysis covered the years 2010–2016, using Eurostat data. The obtained results allow indicating countries in which there is a strong concentration of income potential (Sweden, Spain, Great Britain, France and Belgium). Countries in which the highest values of the potential quotients in the entire European Union are distinguished (Poland, Finland and Belgium).<br />

Achieving the Sustainable Development Goals

2021 ◽  
pp. 280-295
Author(s):  
Nur Farhah Mahadi ◽  
Nor Razinah Mohd. Zain ◽  
Shamsuddeen Muhammad Ahmad
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Empirical Studies ◽  
Financial Inclusion ◽  
Policy Makers ◽  
The Sustainable Development ◽  
Development Goals ◽  
Corporate Social ◽  
The Relationship

The purpose of this study is to explore the role of Islamic social finance towards realising financial inclusion in achieving nine of the seventeen goals of sustainable development goals (SDGs) which are SDG1, SDG2, SDG3, SDG4, SDG5, SDG8, SDG9, SDG10, and SDG17 in the 2030 agenda for SDGs, as propagated by United Nations Member States in 2015. Then, a critical analysis is made to explain the possible contribution of Islamic social finance in achieving financial inclusion which is aligned with SDGs that brings balanced to the physical, emotional, mental, and spiritual of the community in supporting overall economic growth which finally combats the economic impact of the COVID-19 pandemic. Further research and empirical studies can be conducted to explore the relationship between Islamic social finance, financial inclusion, and SDGs which in tandem with Maqᾱṣid al-Sharῑ῾ah to equip ourselves in unpredictable economic hiccups during COVID-19. The results may also motivate the financial industries to promote Islamic social finance products and corporate social responsibilities as well as enhance the development of Islamic social finance towards achieving financial inclusion in fulfilling SDGs which soon will provide significant social impacts as the results will enable new initiatives by industries and policy makers to develop Islamic social finance in attaining financial inclusion to achieve SDGs which is seen as being parallel with Maqᾱṣid al-Sharῑ῾ah especially in resolving economic issues of COVID-19.

scholarly journals Sustainability as a Key Factor in Tourism Competitiveness: A Global Analysis

2019 ◽  
Vol 12 (1) ◽  
pp. 51 ◽  
Author(s):  
Beatriz Rodríguez-Díaz ◽  
Juan Ignacio Pulido-Fernández
Keyword(s):  
Sustainable Development ◽  
Global Analysis ◽  
Regional Study ◽  
The Sustainable Development ◽  
Travel And Tourism ◽  
Geographical Regions ◽  
Key Factor ◽  
Development Goals ◽  
Competitiveness Index ◽  
The Relationship

The aim of this study is to analyze the relationship between sustainability and tourism competitiveness and potential differences in these parameters between geographical regions. The Travel and Tourism Competitiveness Index (TTCI) of the World Economic Forum is most commonly used to measure tourism competitiveness, however, this index has been criticized by some academics. We propose a synthetic indicator (Imα) using the multicriteria double reference point method, which can measure tourism competitiveness more accurately by applying different degrees of substitutability among pillars. The Sustainable Development Index (SDG Index) frames the implementation of Sustainable Development Goals and was used to analyze sustainability data. The new tourism competitiveness index (Imα) was obtained at both the global and regional level. It is important to note that some countries have a different ranking in the regional and global tourism competitiveness indexes, which shows a different behaviors among regions. The relationship between sustainability and tourism competitiveness is positive in all the analyses performed, though it is stronger when calculated without allowing substitutability, especially when considering the regional index. These trends show the value of this regional study of tourism competitiveness, because in addition to helping managers develop strategies to improve tourism competitiveness, it allows them to know the effect that these strategies will have on sustainability.

scholarly journals The Relationship between the Circular Economy and Sustainable Waste Management in European Union

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Marcuta Liviu ◽  
Panait Razvan ◽  
Marcuta Alina
Keyword(s):  
European Union ◽  
Waste Management ◽  
Circular Economy ◽  
Comfort Level ◽  
Living Standards ◽  
The European Union ◽  
The Sustainable Development ◽  
European Policies ◽  
The Relationship

Modern life has contributed both to the increase of living standards, to the increase of the comfort level and to the development of the society, but also to the increase of the amount of waste that end up suffocating the planet and threatening the existence of present and future generations. Among the solutions that are sought and that are included in various programs and policies, the concept of circular economy is one that is increasingly discussed when talking about the sustainable development of society. The circular economy implies a reduction of the natural resources consumed due to both recycling and their fair consumption. At the E.U. level the foundations have been laid for policies aimed at waste management to ensure the application of the principles of the circular economy.Considering the importance that the quantification of the indicators for implementing the circular economy have on the elaboration of more efficient policies, but also on the determination of the degree of implementation of this concept, in this paper we intend to analyze the evolution of these indicators in 2010-2019, in the European Union using a customized version of the DPSIR model. Their analysis led us to the conclusion that although important steps have been taken towards the transition to the circular economy, there are still many aspects that need to be improved in order to achieve the proposed objectives through European policies.

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