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. |
![]() |
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 | - |
Download |
Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).
The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.
Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended). For this reason, the distribution or redistribution of the information, materials and products into United States or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.
The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.
By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.