Research Detail
| 2024/08/14 / Erste Group Research |
CEE Special Report | Social Development Goals in the region This annual report offers an update and more detailed look at how the region has performed in meeting Social Development Goals. It is an excerpt for the region from the evaluation provided by the European Commission annually for the whole EU. We look at whether the region has made progress in each of the goals. We also take a look at whether the progress has accelerated, meaning whether countries have made greater efforts to reach the goal (i.e. whether progress has accelerated or decelerated). Finally, we offer a comparison of each country relative to the EU level. CEE has maintained progress toward most of the Social Development Goals. Notably, SDG1: No poverty showed the greatest advancements, followed by SDG17: Partnership for the goals and SDG16: Peace, justice and strong institutions. SDG8: Decent work and economic growth is also worth noticing. The region has lagged behind in SDG15: Life on land. Specifically, the transition to greater sustainability and environmental responsibility poses a significant challenge to the region's social and economic development. Regarding the pace of progress, meaning whether countries approached the goal faster compared to the previous evaluation or slower: The pace accelerated the most in two goals, that is SGD7: Affordable and clean energy as well as SDG13: Climate action. We see it as an important improvement, given the ongoing climate change. The pace of progress slowed down in the majority of the goals, however. In other words, the countries moved toward the goal, but at a slower pace compared to a year ago. The progress slowed the most in SDG3: Good health and well being as well as in reduced inequalities. We are thus zooming in on healthcare systems in CEE. SDG4: Quality education is another goal in which progress slowed more visibly and we also look into it more carefully. As for relative position to the EU, Slovenia shines, as it is above the EU average in the highest number of goals. Hungary and Romania, on the other hand, have the biggest potential to improve and catch up with the EU level. |
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General information
| Author | Erste Group Research |
| Date | 2024/08/14 |
| Language |  |
| Product name | CEE Economies Special Report |
| Topic in focus | FX, Macro/ Fixed income |
| Economy in focus | CEE |
| Currency in focus | - |
| Sector in focus | - |
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