Analysis of the Sustainable Development of the Eastern European Countries from the Perspective of the Transition to the Green Economy

Costinela Fortea (), Monica Laura Zlati () and Ioana Lazarescu ()
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Costinela Fortea: “Dunarea de Jos” University of Galati, Faculty of Economics and Business Administration, Romania
Monica Laura Zlati: “Dunarea de Jos” University of Galati, Faculty of Economics and Business Administration, Romania
Ioana Lazarescu: “Dunarea de Jos” University of Galati, Faculty of Economics and Business Administration, Romania

Ovidius University Annals, Economic Sciences Series, 2023, vol. XXIII, issue 1, 914-922

Abstract: The current geopolitical context has accentuated the energy crisis that has once again motivated the need for the transition to the green economy. In this context, the objectives of the European Agenda require greater attention to sustainable development about the transition to a green economy. Eastern European countries face major economic disadvantages that slow down the implementation of this objective in the region. We intend to develop an econometric representation of sustainable development from the perspective of the green economy in eastern European countries. The methods used are empirical (literature analysis) and analytical, respectively the design of a sustainable development model from the perspective of the transition to the green economy of the Eastern European countries. The results of the study highlight the differences in the development of Eastern European countries compared to the European average and identify the possibilities of their recovery in relation to the difficulties observed.

Keywords: green energy; sustainable development; transition; econometric model; South East Europe (search for similar items in EconPapers)
JEL-codes: E17 F63 (search for similar items in EconPapers)
Date: 2023
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