Connecting the dots: from SDGs to well-being

What is it about?

Sustainable Development Goals (SDGs) are gaining traction globally, yet limited empirical evidence exists on how national characteristics influence SDGs achievement and how this success translates into citizens’ well-being. The paper develops and tests a model examining the influence of governance, political and economic factors on SDG achievement and the subsequent relationship between SDG accomplishments and perceived well-being.

Featured Image

Photo by Priscila Oliveira on Unsplash

Photo by Priscila Oliveira on Unsplash

Why is it important?

Governance emerges as another key enabler for SDG achievement alongside political and economic factors. The findings highlight the importance of investments in governance capacity and the recognition of SDG targets as reflections of deeper socioeconomic mechanisms and well-being drivers and not just as standalone goals. Furthermore, our findings pose challenges in public financial management on a dual front. Firstly, whether more accounting-based ratios can better track SDG achievement and improve transparency and comparability. Secondly, whether a new system of accounting based on well-being indicators should be developed to illuminate the sustainability-well-being nexus and inform sociopolitical and environmental decision-making.

Perspectives