Social Indicators Research

, Volume 141, Issue 2, pp 841–860 | Cite as

Social Aspects of Sustainable Competitiveness in the Selected European Countries in the Period 2012–2015

  • Danijela DespotovicEmail author
  • Slobodan Cvetanovic
  • Vladimir Nedic
  • Milan Despotovic


The paper examines the impact of the social dimension of sustainable competitiveness on the economic dimension, where the social dimension is represented by Indicators of social sustainability, and economic dimension by the Global competitiveness index, GCI. This allows for the identification of various Indicators of social sustainability and their individual and aggregate impact on GCI, which allows for identifying strengths and weaknesses in building competitiveness (from social aspect) and gives recommendations for strengthening and improving competitiveness of the observed group of countries. In this regard, impact model of indicators of social sustainability on GCI is defined, and examined based on a sample of 30 European countries. Data in WEF Global Competitiveness Report for for 2012, 2013, 2014, 2015, 2016 and 2017 was used. Analysis included two sets of countries with data on: 17 old free market economy countries in Europe (Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK) and 13 post transition free market economy countries in Europe on the basis of the economic historical background (Bulgaria, Croatia, Czech Rep., Estonia, Hungary, Latvia, Lithuania, Macedonia, Poland, Romania, Serbia, Slovak Rep., Slovenia).


Sustainable development Sustainable competitiveness Social dimension of sustainable competitiveness Economic dimension of sustainable competitiveness Indicators of social sustainability GCI 



We thank the anonymous reviewers for their careful reading of our manuscript and their many insightful comments and suggestions.


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© Springer Science+Business Media B.V., part of Springer Nature 2018

Authors and Affiliations

  • Danijela Despotovic
    • 1
    Email author
  • Slobodan Cvetanovic
    • 2
  • Vladimir Nedic
    • 3
  • Milan Despotovic
    • 4
  1. 1.Faculty of EconomicsUniversity of KragujevacKragujevacSerbia
  2. 2.Faculty of EconomicsUniversity of NisNisSerbia
  3. 3.School of Applied Engineering StudiesKragujevacSerbia
  4. 4.Faculty of EngineeringUniversity of KragujevacKragujevacSerbia

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