DECENT WORK AND ECONOMIC GROWTH: CASE OF EU

Abstract

This article assesses the eighth goal of sustainable development – Decent work and economic growth (SDG8). The theoretical part of the article analyses the concept of SDG8 and its importance for the European Union’s economy. The research methodology covers multiple criteria decision-making (MCDM) approaches. In order to assign the weight to criteria, the CRITIC method was employed. After that, the priority line was developed by applying the COPRAS approach. CRITIC method results showed that assessing the targets and their constituting indicators of the SDG8, the most vital indicator is the annual growth rate of real GDP per employed person. COPRAS method results showed that the most advanced countries to implement SDG8 are Germany with 100 points and France with 91 points. The results also revealed that the less advanced in implementing SDG 8 countries are Latvia with 59 points and Finland with 56 points.