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Economics and Culture
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Economics and Culture
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Economics and Culture
Article . 2020
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Assessment of the Sustainable Economic Development Goal 8: Decent Work and Economic Growth in G20 Countries

Authors: Silvija Vidžiūnaitė; Indrė Lapinskaitė;

Assessment of the Sustainable Economic Development Goal 8: Decent Work and Economic Growth in G20 Countries

Abstract

Abstract Research purpose. The importance of sustainable development, the need to achieve sustainable economic development that does not harm the environment, conserve natural resources or exacerbate tensions in society has been increasingly discussed over the last decade. The purpose of the research is to evaluate the economic growth and decent work environment in G20 countries during 2013–2018 as G20 countries are the fastest growing countries in the world, and their economy describes the major part of the global economy. Design/Methodology/Approach. Qualitative data analysis based on the comparative analysis of scientific literature, content analysis, interpretation, comparison and grouping is used, in order to analyse the theoretical aspects of sustainable development and its goals, especially goal 8: decent work and economic growth. TOPSIS method helps to rank G20 countries according to the indicators of SDG 8. Findings. The results showed that Japan reached the best work environment and the most significant economic growth during 2013–2018. The United States is in second place and the third – the Republic of Korea. In the bottom three are Argentina, Brazil and South Africa. Originality/Value/Practical implications. Since it is challenging to identify the achievements of the economic and work environment development, as an essential part of sustainable development goals, the results could lead to future insights that will create value to policymakers, economists and other stakeholders.

Keywords

o10, sustainable development, o11, HF5001-6182, sustainable development goals, q56, economic development, e0, economy, Economics as a science, g20, Business, HB71-74

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    7
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Top 10%
    influence
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    impulse
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
7
Top 10%
Average
Average
Published in a Diamond OA journal