The Role of Technological Progress in Social Development: Evidence from Europe in the Light of Sustainable Development Goals
The Role of Technological Progress in Social Development: Evidence from Europe in the Light of Sustainable Development Goals

Author(s): Annalisa Baldissera
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Technological progress; Social sustainability; Sustainable development goals; Sustainable development indicators; R&D investments
Summary/Abstract: This study aims to analyze the relationships between two variables associated with the growth of modern economies: technological progress and social development. The research intends to test these relations within the framework of the Sustainable Development Goals set by the UN in 2015 in order to achieve the preservation of the planet, the welfare of the population, peace and prosperity. To this end, the research analyzes the correlations, within the European Union, between technological progress and social development in the period 2015-2021, that is from the year in which the 2030 Agenda for Sustainable Development was adopted by the United Nations Member States to today. The variables representative of technological progress are drawn from the indicators belonging to Goal 9 - Industry, Innovation and Infrastructure, while for social development the study referred to the indicators of Goal 8 - Decent Work and Economic Growth. The results show that, although the two phenomena are positively correlated, not all connections are equally strong.

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