Abstract
The study investigates the drivers of Sustainable Development presented by Hofstede cultural dimensions and Sustainable Governance in OECD and EU countries. The relationships between predictors and Sustainable Development were tested by multiple regression analysis, which confirmed that Sustainability-oriented Governance leads to Sustainable Development, emphasizing the importance of Sustainable Governance. The impact of cultural variables on Sustainable Development was sensitive to the existence of Sustainable governance, confirming the hypothesized role of the Sustainable governance in the relationship among the national cultural differences and Sustainable Development as a moderator. Sustainable governance contributes to the growth of positive influence of Masculinity, decreasing, at the same time, the importance of Power distance in the relationship with Sustainable Development, presented by Sustainability-adjusted Global Competitiveness Index.
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