Record Details

The Contribution of EU Funds to Wellbeing and Sustainable Development in Central European Countries

European Journal of Sustainable Development

View Archive Info
 
 
Field Value
 
Title The Contribution of EU Funds to Wellbeing and Sustainable Development in Central European Countries
 
Creator Kranjac, Mirjana
Sikimić, Uroš
Tomić, Srđan
Vapa-Tankosić, Jelena
 
Description The European strategic goals are good standard of living, social and economic wellbeing and sustainability of the Planet Earth. Some of these requirements are contradictory. Often times, a successful economy exhausts nature well beyond its limits. Europe is achieving its goals by giving funds to many programs, thus enabling the elaboration of projects. The programs' and projects' goals and results must justify the global vision of European Union (EU) future, precisely defined in the document Europa 2020: to achieve a sustainable future. This paper is dealing with effects of the use of EU funds in Central European (CEE) countries. The authors are analyzing correlation between Happy planet index (HPI) and wellbeing indicator with absorption of EU funds. HPI shows the efficiency of residents of different countries in using environmental resources to lead long, happy lives. It reflects how satisfied are residents and what is the level of ecological constrain to reach this satisfaction. Happy planet index measures if it is possible to have good lives without depletion the Earth too much. It is combination of four factors: life expectancy, experienced wellbeing, inequality of outcomes and ecological footprint. The results of authors' research prove the hypothesis that funds are bringing wellbeing in terms of satisfaction of CEE citizen, but by rejecting the hypothesis that funds are leading to the sustainable development they come to the conclusion that this satisfaction is consequence of the use of natural resources over the limit needed for the sustainable future of the coming generations.  Key Words: sustainable development, foreign aid, economic integration, environmentJEL Classification: F35, F36, F64, C46.
 
Publisher European Center of Sustainable Development
 
Contributor
 
Date 2017-01-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.ecsdev.org/ojs/index.php/ejsd/article/view/440
 
Source European Journal of Sustainable Development; Vol 6, No 1; 85-102
2239-6101
2239-5938
 
Language eng
 
Relation http://www.ecsdev.org/ojs/index.php/ejsd/article/view/440/437
 
Rights This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited.  The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially.