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The Socio-Economic-Environmental Triangle: Quantitative Analysis of Interdependencies in European Union

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  • RUS Adina-Viorica
  • BUCUR Louisa-Maria

Abstract

­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. ­

Suggested Citation

  • RUS Adina-Viorica & BUCUR Louisa-Maria, 2024. "The Socio-Economic-Environmental Triangle: Quantitative Analysis of Interdependencies in European Union," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    • Handle: RePEc:jis:ejistu:y:2024:i:01:id:538
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    References listed on IDEAS

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    1. Guendalina Anzolin & Amir Lebdioui, 2021. "Three Dimensions of Green Industrial Policy in the Context of Climate Change and Sustainable Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 33(2), pages 371-405, April.
    2. Hametner, Markus, 2022. "Economics without ecology: How the SDGs fail to align socioeconomic development with environmental sustainability," Ecological Economics, Elsevier, vol. 199(C).
    3. Saari, Ulla A. & Damberg, Svenja & Frömbling, Lena & Ringle, Christian M., 2021. "Sustainable consumption behavior of Europeans: The influence of environmental knowledge and risk perception on environmental concern and behavioral intention," Ecological Economics, Elsevier, vol. 189(C).
    4. Louisa-Maria Bucur, 2024. "Nexus between ECO-Innovation, Human Development and CO2 Emissions," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 27(87), pages 2-10, March.
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    More about this item

    Keywords

    sustainable development; socio-economic development; environment;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth

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