Is growth in the European Union countries green?

Abstract:

The aim of this paper is to analyze the level of ‘greening’ growth in European Union countries. Research was carried out based on the taxonomic linear ordering method, which enabled multidimensional comparative analysis of multi-featured objects. It is based on indicators related to economic, social, and environmental issues, according to the OECD methodology. The adopted method made it possible to evaluate the studied phenomenon as a whole, providing grounds for assigning the 21 selected countries into five groups, characterized by similar levels of green growth. The conducted analysis shows that Germany was characterized by the highest level of ‘greening’ growth, while Poland received the lowest rating. Generalizing the results of the study, it can be stated that the degree of greening the economic growth of EU countries is insufficient, especially in the context of pursuing the long-term goal which is the entrance to the path of sustainable development.

nsdlogo2016