Determinants of ensuring sustainable development in developed countries: quantitative assessment

Детерминанты обеспечения устойчивого развития развитых стран: количественная оценка

Marina G. Vaskina (Васькина М.Г.), Sofia M. Khristova (Христова С.М.) and Maxim G. Pust (Пусть М.Г.)
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Marina G. Vaskina (Васькина М.Г.): Southern Federal University
Sofia M. Khristova (Христова С.М.): Southern Federal University
Maxim G. Pust (Пусть М.Г.): Southern Federal University

State and Municipal Management Scholar Notes, 2023, vol. 3, 46-54

Abstract: The discussion of issues related to sustainable development is broad and requires not only qualitative analysis, but also the use of modeling methods to assess the current situation in the global economy. So, in this article, the influence of factors resulting in the SDG implementation index was considered. The econometric analysis was carried out based on data for 2022 for developed countries. To construct a multiple regression, factors influencing the implementation of the SDGs were selected, namely the human capital development index and gross national savings. The results obtained during the study indicate a moderate influence of the factors under consideration, as well as the presence of other determinants of the implementation of the SDGs, such as the involvement of the private sector in the implementation of the SDGs; the presence of sustainable institutions capable of creating a favorable environment for sustainable development; investments in the "green economy" and CSR; the level of education and awareness of the UN program on sustainable development.

Keywords: sustainable development goals; developed countries; UN; gross national savings; education level; sustainable institutions (search for similar items in EconPapers)
Date: 2023
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