Evaluation of Social Protection Performance in EU Countries: Multiple-criteria Decision Analysis (MCDA)
Milan Marković
markovicmilan89@gmail.comUniversity of Niš, Innovation Centre, Univerzitetski trg 2, 18000 Niš, Serbia (Serbia)
https://orcid.org/0000-0002-9617-6697
Jelena J. Stanković
University of Niš, Faculty of Economics, Trg kralja Aleksa IMCSAdra Ujedinitelja 11, 18000 Niš, Serbia (Serbia)
https://orcid.org/0000-0002-9875-9861
Panagiota Digkoglou
University of Macedonia, Egnatia 156, Thessaloniki, Central Macedonia 546 36, Greece (Greece)
https://orcid.org/0000-0001-7101-5136
Ivana Marjanović
University of Niš, Faculty of Economics, Trg kralja Aleksandra Ujedinitelja 11, 18000 Niš, Serbia (Serbia)
https://orcid.org/0000-0002-9526-0467
Abstract
The paper aims to rank European Union (EU) countries according to the composite index, which uses selected social protection indicators from the relevant database at EU level – Eurostat. The total score of social performance for 2020 was determined using the CRITIC-TOPSIS framework. The study showed that Austria, Luxembourg and Germany, respectively, had the best level of social protection, while Latvia, Romania and Spain were at the bottom, as the countries with the worst values of indicators. The importance of research is reflected in the fact that the social component of sustainable development is still not sufficiently researched, especially when it comes to the application of multi-criteria analysis methods in the empirical analysis of social sustainability. In this regard, depending on the obtained performance values, socio-economic policymakers can redesign existing measures and programs, as well as the amounts of social transfers to certain EU member states. The authors expect that the results of the study will help build higher social standards and well-being in the EU.
Keywords:
social sustainability, social protection, socio-economic indicators, poverty, unemployment, CRITIC-TOPSIS method, EU countriesReferences
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Authors
Milan Markovićmarkovicmilan89@gmail.com
University of Niš, Innovation Centre, Univerzitetski trg 2, 18000 Niš, Serbia Serbia
https://orcid.org/0000-0002-9617-6697
Authors
Jelena J. StankovićUniversity of Niš, Faculty of Economics, Trg kralja Aleksa IMCSAdra Ujedinitelja 11, 18000 Niš, Serbia Serbia
https://orcid.org/0000-0002-9875-9861
Authors
Panagiota DigkoglouUniversity of Macedonia, Egnatia 156, Thessaloniki, Central Macedonia 546 36, Greece Greece
https://orcid.org/0000-0001-7101-5136
Authors
Ivana MarjanovićUniversity of Niš, Faculty of Economics, Trg kralja Aleksandra Ujedinitelja 11, 18000 Niš, Serbia Serbia
https://orcid.org/0000-0002-9526-0467
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