Abstract
The impact of implementation of cohesion policy on the sustainable development of EU countries is of great interest and presents a number of actual challenges. This research aims to evaluate the impact and the effects of the cohesion policy among the Member States using hierarchical clustering analysis in order to identify how the selected variables affect the sustainable development adopted models. The variables used in the analysis were selected on the basis of official data provided by the European Commission, SDG Index and Dashboards Reports and the EU Cohesion Monitor. The results of the research have led to the grouping of the 28 Member States in a number of six clusters, identifying performers but also those countries that have a high potential for sustainable development or which require increased attention to be sustained in recovering existing gaps. The results of the study can be a starting point for policy makers and other stakeholders involved in their efforts to support sustainable development through effective and effective policies.
Highlights
Economic competitiveness and economic growth have been and continue to represent from the perspective of government policies the central element of long-term development policies of more or less disadvantaged countries at European Union level
In order to assess the impact of cohesion policy on the sustainable development of EU countries and the links between these factors, the official data provided by the European Commission [52], the Sustainable Development Goals (SDGs) Index and Dashboards Reports [53] and the EU Cohesion Monitor [47]
We find that EU cohesion policy from 2014 to 2020 has been redirected towards regional growth and the competitiveness issue has remained the pillar of regional convergence
Summary
Economic competitiveness and economic growth have been and continue to represent from the perspective of government policies the central element of long-term development policies of more or less disadvantaged countries at European Union level. The importance of these objectives, their compatibility and their complementarity often raise questions from the perspective of the coherence of European economic policies, and from the perspective of sustainable regional development. In the context of EU regional development, cohesion policy and sustainable development converge into a common economic strategy. The scientific analysis of compatibility or incompatibility between the two is relevant in the new European context, where most regions benefit from a coherent cohesion policy in their attempts to implement sustainable development strategies
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