ASSESSING SUSTAINABILITY OF THE SOUTHEAST EUROPEAN ECONOMIES
DOI:
https://doi.org/10.5937/ekoPolj1802519PKeywords:
Sustainable Development, Sustainability Indicators, Cluster Analysis, Southeast EuropeAbstract
Sustainable development is development that meets the needs of the present, without compromising the ability of future generations to meet their own needs. Sustainability indicators are based on the attempt to measure or determine the path of development of the economy in two directions: sustaining human wellbeing, or preserving the capacity to provide wellbeing. The research has been conducted to assess sustainability in the Southeast Europe, represented with a group of 10 countries with the 15 multi-metric indicators. A cluster analysis was performed on the set of indices to check the formation of distinctive clusters. Albania, Bosnia and Herzegovina, Macedonia, Montenegro and Serbia constitute frst cluster, proving small differences among data. Second cluster consists of Bulgaria, Croatia and Romania, while last cluster consists of only Greece and Slovenia.
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7. Frantzeskaki, N., Jhagroe, S., & Howlett, M. (2016). Greening the state? The framing of sustainability in Dutch infrastructure governance. Environmental Science & Policy, 58, 123-130.
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10. Hopwood, B., Mellor, M., & OBrien, G. (2005). Sustainable Development: Mapping Different Approaches. Sustainable Development, 13 (1), 38-52.
11. Institute for Economics and Peace. (n.d.). Global Peace Index A Vision of Humanity. Retrieved fromhttp://static.visionofhumanity.org/#/page/indexes/global-peace-index
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13. Jackson, T. (2010). Prosperity without Growth: Economics for a Finite Planet. Earthscan from Routledge.
14. Kula, E. (2001). History of Environmental Economic Thought. Routlege.
15. Lafferty, W. M. (2004). Governance for Sustainable Development. The Challenge of Adapting Form to Function. Cheltenham: E.E. Elgar.
16. Loorbach, D., Frantzeskaki, N., & Thissen, W. (2011). A Transition Research Perspective on Governance for Sustainability. In C. C. Jaeger, D. Tàbara, & J. Jaeger, European Research on Sustainable Development (pp. 73-89). Berlin Heidelberg: Springer .
17. Meadows DH, M. D. (1972). Limits to Growth: A Report for the Club of Romes Project on the Predicament of Mankind. New York : Universe Books.
18. Odigie, M. E., Badar, A., Sinn, J., Moayed, F., & Shahhosseini, M. (2017). An optimal integrated QSMS model from cluster analysis. The TQM Journal, 29 (3), 438-466.
19. Polanyi, K. (2001). The Great Transformation: The Political and Economic Origins of Our Time. Boston: Beacon Press Boston.
20. Social Progress Iperative. (n.d.). Social Progress Indicator. Retrieved from http://www.socialprogressimperative.org/global-index/
21. Sustainable Society Foundation. (n.d.). Sustainable Society Index – your compass to sustainability. Retrieved 2018, from http://www.ssfndex.com/
22. The World Justice Project. (n.d.). World Justice Project. Retrieved 2018, from http://worldjusticeproject.org/rule-of-law-index
23. Transparency International. (n.d.). Transparency International. Retrieved 2018, from http://www.transparency.org/whoweare/organisation/
24. United Nations Development Programme. (n.d.). Environmental Index. Retrieved 2018, from http://hdr.undp.org/en/content/education-index
25. United Nations Environmental Programme. (n.d.). Environmental Vulnerability Index. Retrieved 2017, from http://www.vulnerabilityindex.net/
26. UNU - IHDP and UNEP. (2014). Inclusive Wealth Report 2014. Measuring progress toward sustainability. Cambridge : Cambridge University Press.
27. WB - The World Bank. (n.d.). World Bank, Development Research Group. . Retrieved 2018, from : http://databank.worldbank.org/data/home.aspx
28. World Commission on Environment and Development. (1987). Our Common Future. United Nations.
29. Yale University. Environmental Performance Index. http://epi.yale.edu/reports/2016-report .
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Published
2018-06-27
How to Cite
Petrov, V., Trivić, N., & Ćelić, Đorđe. (2018). ASSESSING SUSTAINABILITY OF THE SOUTHEAST EUROPEAN ECONOMIES. Economics of Agriculture, 65(2), 519–529. https://doi.org/10.5937/ekoPolj1802519P
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Original scientific papers
