The correlations of indicators of EU partnership for sustainable development goals in the period 2000-2018

Abstract

Not highlighted as important in the pre-pandemic period, the objectives of sustainable development seem more than ever the targets of international attention, especially in terms of preventing other similar or more serious pandemics such as COVID-19. The article, conducted on the 2000-2018 period, focuses exclusively on section 17 of the sustainable development goals allocated to the partnership for achieving these targets, carefully following the way in which the indicators presented by Eurostat as valuable for this section are correlated / connected. Analyzing Granger's causality, we note that the EU financing indicator to developing countries is determined by environmental tax revenues and public and private indebtedness. The article also highlights an analysis of the principal component taking into account the components of the indicator EU financing for developing countries. Thus, as expected, official development assistance and private flows play an important role in financing sustainable development.