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Due to the pandemic crisis, the decline in cross-border travel has caused deterioration of consumption and induced the collapse of domestic consumption. Finally, the drop of the consumption in travel service affected the travel trade balance and caused decline of the economy. The aim of this paper is to analyze the impact of the pandemic shock on t...
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This paper examines the economic effects of COVID-19 containment measures using daily global data on containment measures, infections, and economic activity indicators, such as Nitrogen Dioxide (\({\mathrm{NO}}_{2})\) emissions, international and domestic flights, energy consumption, maritime trade, and mobility indices. Results suggest that contai...
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... For example, during the COVID-19 pandemic movement restrictions were introduced which particularly affected transport and tourism. Hence, countries with GDPs heavily dependent on these and the related industries were greatly affected by the pandemic (Ružić & Popek Biškupec, 2021;Škare et al., 2020). Some sectors, however, attempted to adapt to the new conditions: remote working and learning became widespread, remote concerts took place and even online visits to museums were possible (Domšić et al., 2021). ...
Sustainable development should ensure a fair and balanced natural, social and economic environment. Sustainable Development Goal 8 (SDG 8) – decent work and economic growth – is of the greatest economic importance. The purpose of the study is to assess the implementation of SDG 8 in EU member states. The analysis covered the years 2002–2021 with a particular focus on two crises periods: the financial crisis of 2007–2009 and the COVID-19 pandemic in the years 2020–2021. The study uses Eurostat data and multivariate statistical analysis methods, i.e. cluster analysis – the k-means method and linear ordering – the TOPSIS method.
Denmark, Finland, the Netherlands and Sweden are the countries where the fulfilment of SDG 8 was the greatest, while the lowest was observed in Greece, Italy, Romania, Slovakia and Spain. The study also shows that the countries which joined the EU in 2004 generally demonstrated a much lower degree of SDG 8 implementation compared to the well-developed Western Europe. The influence of the crisis periods was more visible in the results of the cluster analysis than in the rankings.
The novelty of the research involves the application of multivariate statistical analysis methods to assess the overall situation of the studied countries in terms of their implementation of SDG 8 while taking into account both crisis periods.
