Cichowicz, E.; Rollnik-Sadowska, E. Inclusive Growth in CEE Countries as a Determinant of Sustainable Development. Sustainability2018, 10, 3973.
Cichowicz, E.; Rollnik-Sadowska, E. Inclusive Growth in CEE Countries as a Determinant of Sustainable Development. Sustainability 2018, 10, 3973.
Cichowicz, E.; Rollnik-Sadowska, E. Inclusive Growth in CEE Countries as a Determinant of Sustainable Development. Sustainability2018, 10, 3973.
Cichowicz, E.; Rollnik-Sadowska, E. Inclusive Growth in CEE Countries as a Determinant of Sustainable Development. Sustainability 2018, 10, 3973.
Abstract
Referring to the concept of inclusive growth, the authors analyse the transition economies of the Central and Eastern European countries, which are the current EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia and Slovenia). That region was selected as the CEE countries characterized by comparable historic and economic background but now they seem to reach diversified stages of development. The objective of the study is to identify the level of inclusive growth among the CEE countries, taking into account indicators assigned to its seven pillars. The thesis is that the CEE countries represent socio and economic heterogeneity as well as different levels of sustainable development. The research methods involved the application of the principal components analysis and the multivariate analysis. For literature review, the bibliometric analysis was conducted with the visualization prepared by the VOSviewer software. The main findings suggest that Estonia, Slovenia and the Czech Republic seem to be the ones with the highest inclusive growth. On the other hand, Bulgaria and Romania represent the lowest level of inclusive growth indicators.
Keywords
inclusive growth; CEE countries; sustainable development; globalization; cohesion; public policy; factor analysis; principal component analysis; bibliometric analysis
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
