A holistic approach to Sustainable Development Goal 8: Integrating economic growth, employment, and sustainability

Authors

DOI:

https://doi.org/10.24136/eq.3342

Keywords:

sustainable development goal, economic growth, employment, gender gap, topic modeling

Abstract

Research background: The realization of United Nations Sustainable Development Goals (SDGs) 8 hinges on the sustained growth of both the economy and the global employment outlook. In order to ensure progress in fostering inclusive and equitable growth and employment opportunities, it is essential to undertake a comprehensive analysis of the SDG findings across all relevant subtargets.

Purpose of the article: This study provides an in-depth analysis of the research surrounding SDG 8 (Decent Work and Economic Growth), emphasizing its pivotal role in sustainable development.

Methods: Utilizing the PRISMA framework and BERTopic method, it explores the intricate interconnections between SDG 8 and other goals, such as reducing inequalities (SDG 10), clean energy (SDG 7), climate action (SDG 13), poverty alleviation (SDG 1), and innovation and infrastructure (SDG 9).

Findings & value added: The findings emphasize the importance of subtarget 8.1 (sustained per capita growth) and subtarget 8.5 (full employment and decent work for all). Additionally, the study underscores the need for policies supporting resource efficiency and sustainable consumption (subtarget 8.4), while green innovation and the digital economy are strongly linked to subtarget 8.2 (enhanced productivity through technological upgrading). Ensuring that economic growth is inclusive and equitable, as outlined in subtarget 8.3, is crucial for reducing inequalities. Policymakers must balance economic growth with environmental sustainability, promoting decent work conditions (subtarget 8.8) and adopting green technologies. These findings offer valuable insights for advancing SDG 8, ensuring that economic progress benefits all segments of society while safeguarding natural resources and fostering long-term prosperity.

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30-03-2025

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Raman, R. ., Gunasekar, S., Ray, S., Behera , D., Nedungadi, P., & Dénes, D. L. (2025). A holistic approach to Sustainable Development Goal 8: Integrating economic growth, employment, and sustainability. Equilibrium. Quarterly Journal of Economics and Economic Policy, 20(1), 147-202. https://doi.org/10.24136/eq.3342

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