Inclusive Growth in CEE Countries as a Determinant of Sustainable Development
Ewa Cichowicz () and
Ewa Rollnik-Sadowska ()
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Ewa Cichowicz: Institute of Social Economy, Collegium of Socio-Economics, Warsaw School of Economics, al. Niepodległości 162, 02-554 Warsaw, Poland
Ewa Rollnik-Sadowska: Division of Managerial Economics, Faculty of Engineering Management, Bialystok University of Technology, 45AWiejska Street, 15-351 Bialystok, Poland
Sustainability, 2018, vol. 10, issue 11, 1-23
Pursuant to the concept of inclusive growth, the authors analyze the transition economies of Central and Eastern European countries, which have become EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia, and Slovenia). CEE countries characterized by comparable historic and economic backgrounds now seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among CEE countries by taking into account indicators assigned to its seven pillars. The article’s thesis is that CEE countries represent social and economic heterogeneity as well as varied levels of sustainable development. Research methods included the application of the principal components analysis and the multivariate analysis. For a literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia, and the Czech Republic seem to exhibit the highest level of inclusive growth while Bulgaria and Romania represent the lowest level of indicators measured.
Keywords: inclusive growth; CEE countries; sustainable development; globalization; cohesion; public policy; factor analysis; principal component analysis; bibliometric analysis (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:11:p:3973-:d:179506
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