The Impact of the Implementation of Cohesion Policy on the Sustainable Development of EU Countries

Ramona Pîrvu, Cristian Drăgan, Gheorghe Axinte, Sorin Dinulescu, Mihaela Lupăncescu and Andra Găină
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Ramona Pîrvu: Department of Economics, Accounting and International Affairs, University of Craiova, Craiova 200585, Romania
Cristian Drăgan: Department of Economics, Accounting and International Affairs, University of Craiova, Craiova 200585, Romania
Gheorghe Axinte: Agroturistic Management Faculty, University Bioterra Bucharest, Bucharest 013722, Romania
Sorin Dinulescu: Department of Economics, Accounting and International Affairs, University of Craiova, Craiova 200585, Romania
Mihaela Lupăncescu: Department of Economics, Accounting and International Affairs, University of Craiova, Craiova 200585, Romania
Andra Găină: Department of Economics, Accounting and International Affairs, University of Craiova, Craiova 200585, Romania

Sustainability, 2019, vol. 11, issue 15, 1-20

Abstract: The impact of implementation of cohesion policy on the sustainable development of EU countries is of great interest and presents a number of actual challenges. This research aims to evaluate the impact and the effects of the cohesion policy among the Member States using hierarchical clustering analysis in order to identify how the selected variables affect the sustainable development adopted models. The variables used in the analysis were selected on the basis of official data provided by the European Commission, SDG Index and Dashboards Reports and the EU Cohesion Monitor. The results of the research have led to the grouping of the 28 Member States in a number of six clusters, identifying performers but also those countries that have a high potential for sustainable development or which require increased attention to be sustained in recovering existing gaps. The results of the study can be a starting point for policy makers and other stakeholders involved in their efforts to support sustainable development through effective and effective policies.

Keywords: sustainable development; EU cohesion policy; SDG Index; EU Cohesion Monitor; cluster analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:15:p:4173-:d:254102

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