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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Ramona Pîrvu & Cristian Drăgan & Gheorghe Axinte & Sorin Dinulescu & Mihaela Lupăncescu & Andra Găină, 2019. "The Impact of the Implementation of Cohesion Policy on the Sustainable Development of EU Countries," Sustainability, MDPI, vol. 11(15), pages 1-20, August.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:15:p:4173-:d:254102
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    References listed on IDEAS

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    4. Ionescu, Romeo-Victor & Zlati, Monica Laura & Antohi, Valentin-Marian & Susanu, Irina Olimpia & Cristache, Nicoleta, 2022. "A new approach on renewable energy as a support for regional economic development among the European Union," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    5. Marius Constantin & Mihai Dinu & Simona Roxana Patarlageanu & Cristian Chelariu, 2021. "Sustainable Development Disparities in the EU-27 Based on R&D and Innovation Factors," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 23(Special15), pages 948-948, November.

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