Studies and researches
Vol. 16 Issue 1 - 6/2024
The Socio-Economic-Environmental Triangle: Quantitative Analysis of Interdependencies in European Union
Sustainable
development goals are increasingly discussed today, so this paper investigates
the interdependent relationships between economic, social and environmental
factors within the European Union Member States. The study explores how GDP per
capita, purchasing power, official support for development, poverty and social
exclusion indicators, perceived health status, educational attainment, and
environmental practices such as recycling rates, circular use of materials and
net greenhouse gas emissions interact with each other. The results show overall
positive trends between socio-economic development and environmental
performance and show how stronger economies are largely conducive to
improvements in social and environmental domains. However, the study also
reveals important exceptions, highlighting the crucial role of effective
national policies and resource management. By identifying and discussing these
complex interrelationships, the paper contributes to a deeper understanding of
how economic progress can be aligned with social progress and environmental
responsibility, providing valuable insights for public policymaking in the
European Union.
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Keywords:
sustainable development, socio-economic development, environment
JEL:
I25, I23, Q01, O44
sustainable development, socio-economic development, environment
JEL:
I25, I23, Q01, O44