2023
DOI: 10.3390/su15097503
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Promotion of Sustainable Development in the EU: Social and Economic Drivers

Abstract: The transition to sustainability is a complex process that requires a clear understanding of its drivers and barriers. The paper explores the impact of different social and economic factors on sustainable development as a holistic process. The research involved data from 27 EU member states during 2012–2020. Hausman specification and Breusch and Pagan Lagrangian multiplier test were used to select the proper econometric model, which led to the use of generalized least squares regression with random effects to … Show more

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Cited by 17 publications
(5 citation statements)
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“…In scientific circles, attention is also paid to the positive influence of the insurance market and key indicators of its development on the level of financial security, and economic and social stability of society, because it is precisely the effectively functioning insurance market that minimizes threats to individuals, society, and the state (Onyshchenko et al, 2023). Achieving sustainable competitive advantage in this sphere is a significant task (Takawira & Mutambara, 2023;Tu et al, 2023).…”
Section: Literature Reviewmentioning
confidence: 99%
“…In scientific circles, attention is also paid to the positive influence of the insurance market and key indicators of its development on the level of financial security, and economic and social stability of society, because it is precisely the effectively functioning insurance market that minimizes threats to individuals, society, and the state (Onyshchenko et al, 2023). Achieving sustainable competitive advantage in this sphere is a significant task (Takawira & Mutambara, 2023;Tu et al, 2023).…”
Section: Literature Reviewmentioning
confidence: 99%
“…However, the effectiveness of these policies is often undermined by economic factors, such as market volatility, income inequality, and resource constraints. For example, Tu et al (2023) investigated that trade liberalization policies may increase food availability through imports, but they can also expose domestic producers to greater competition and price fluctuations, affecting their livelihoods and food security. Dubanych et al (2023) focus on the role of retail trade in ensuring food security.…”
Section: Literature Reviewmentioning
confidence: 99%
“…There is a shortage of 5.3 million public housing units in the United States (Singh & Pandey, 2023). In European countries, the number of households registered on social housing lists has increased since the start of the global financial crisis (Tu et al, 2023). In South Africa, social policy receives special attention from the state, as the effective management of social policy is seen as a factor in economic growth (Djamal et al, 2023).…”
Section: Literature Reviewmentioning
confidence: 99%