Neverland or Tomorrowland? Addressing (In)compatibility among the SDG Pillars in Europe

Joana Costa, Diana Cancela and João Reis
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Joana Costa: DEGEIT—Department of Economics, Management, Industrial Engineering and Tourism, Campus Universitario de Santiago, University of Aveiro, 3810-193 Aveiro, Portugal
Diana Cancela: DEGEIT—Department of Economics, Management, Industrial Engineering and Tourism, Campus Universitario de Santiago, University of Aveiro, 3810-193 Aveiro, Portugal
João Reis: GOVCOPP—Research Unit on Governance, Competitiveness and Public Policies, Campus Universitário de Santiago, 3810-193 Aveiro, Portugal

IJERPH, 2021, vol. 18, issue 22, 1-18

Abstract: The 2015–2030 agenda framed Sustainable Development as a Universal venture. This decision has a great historic significance as it encompasses building a better future for the whole of humanity, enrolling the millions who have been denied the chance to live a decent, dignified and fulfilling life and to achieve their potential. For the first time, an entire generation will have the chance to succeed in ending poverty while being the last to have a chance of saving the planet. The world will be a better place in 2030 if humanity succeeds in this journey. However, there is hovering skepticism around the feasibility of this accomplishment. The article aims to empirically test the (in)compatibilities among these objectives even for developed economies such as the European Union countries, demonstrating that unless solid bridges are built promoting innovative networks at a transnational level, welfare and prosperity among those ecosystems will be compromised. The results show that the Sustainable Development Goals (SDG) pillars have heterogeneous determinants, which are to some extent incompatible. Moreover, policy makers need to further reinforce multi-country compensations if the environment is to be preserved.

Keywords: SDGs; logit panel data; SDG pillars; innovation ecosystems; HDI; entrepreneurial initiative (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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