Well-being as a Prerequisite for Sustainability on a Macroeconomic Scale? Case of V4 Countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F23%3A43969982" target="_blank" >RIV/49777513:23510/23:43969982 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.qip-journal.eu/index.php/QIP/article/view/1945" target="_blank" >https://www.qip-journal.eu/index.php/QIP/article/view/1945</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.12776/QIP.V27I3.1945" target="_blank" >10.12776/QIP.V27I3.1945</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Well-being as a Prerequisite for Sustainability on a Macroeconomic Scale? Case of V4 Countries

Popis výsledku v původním jazyce

Purpose: Human well-being is a necessary prerequisite for achieving sustainable development. This assumption aligns with the basis of Maslow´s pyramid of needs and the Kuznets curve in its ecological presentation. Therefore, the presented paper aims to clarify what impact specific indicators of human well-being have on the reported level of sustainability achieved on a macroeconomic scale in the Visegrad Group in the years 2005-2021 and verify whether the author´s assumptions are correct.Methodology/Approach: Following the correlation analysis of selected variables, there is a linear regression model used to examine the relationship between the overall result of the V4 countries and the selected variables.Findings: People in V4 countries need to have their basic personal needs fulfilled to promote sustainability. Within the analysed variables, the most significant influence on the country´s sustainability has the Employment rate, the Gender wage gap, and perceived Health.Research Limitation/implication: This study examines the situation within the Visegrad Group, and only 13 variables are selected for the analysis.Originality/Value of paper: The paper deals with the macroeconomic perception of sustainability and sustainable development in connection to human well-being in V4 countries. The potential linkage between overall sustainable countries´ performance based on SDGs fulfilment and human well-being presented by OECD Social and Welfare Statistics is analysed.

Název v anglickém jazyce

Well-being as a Prerequisite for Sustainability on a Macroeconomic Scale? Case of V4 Countries

Popis výsledku anglicky

Purpose: Human well-being is a necessary prerequisite for achieving sustainable development. This assumption aligns with the basis of Maslow´s pyramid of needs and the Kuznets curve in its ecological presentation. Therefore, the presented paper aims to clarify what impact specific indicators of human well-being have on the reported level of sustainability achieved on a macroeconomic scale in the Visegrad Group in the years 2005-2021 and verify whether the author´s assumptions are correct.Methodology/Approach: Following the correlation analysis of selected variables, there is a linear regression model used to examine the relationship between the overall result of the V4 countries and the selected variables.Findings: People in V4 countries need to have their basic personal needs fulfilled to promote sustainability. Within the analysed variables, the most significant influence on the country´s sustainability has the Employment rate, the Gender wage gap, and perceived Health.Research Limitation/implication: This study examines the situation within the Visegrad Group, and only 13 variables are selected for the analysis.Originality/Value of paper: The paper deals with the macroeconomic perception of sustainability and sustainable development in connection to human well-being in V4 countries. The potential linkage between overall sustainable countries´ performance based on SDGs fulfilment and human well-being presented by OECD Social and Welfare Statistics is analysed.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Quality Innovation Prosperity

ISSN

1335-1745

e-ISSN

1338-984X

Svazek periodika

27

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

SK - Slovenská republika

Počet stran výsledku

13

Strana od-do

141-153

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85178877680