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Highlighting the Main Poles of Political Performance and Governance Capacity at EU Level. Implications in the Context of COVID-19 Crisis

In: Post-Pandemic Realities and Growth in Eastern Europe

Author

Listed:
  • Adriana AnaMaria Davidescu

    (Bucharest University of Economic Studies, National Scientific Research Institute for Labour and Social Protection)

  • Eduard Mihai Manta

    (Bucharest University of Economic Studies)

  • Cristina Maria Geambasu

    (GFK)

Abstract

The paper aims to examine the political performance and governance capacity at EU level. The study is conducted using data from Sustainable Governance Indicators Database (SGI). Statistical methods based on composing aggregate indices are proposed using 21 indicators grouped in 11 dimensions, and countries are classified according to the performance obtained by the cluster method. The principal component analysis revealed six main factors: “PCT Patent Applications,” “Life expectancy,” “Old age dependency ratio,” “Tax system complexity,” “Inflation,” and “Fertility rate.” After calculating the final value of the index of political performance and governance capacity, we have identified three main groups of countries, as follows: Finland, Sweden, Denmark, Greece, Austria, Germany, Spain, Belgium, France, Italy, and the Netherlands with high political and governance performance, countries with an increasing trend (Estonia, Croatia, Ireland, Lithuania, Luxembourg, the United Kingdom), and countries with poor performance (Bulgaria, Cyprus, Czech Republic, Latvia, Malta, Poland, Romania, Slovakia, Hungary). Romania ranks last in terms of political performance and governance capacity.

Suggested Citation

  • Adriana AnaMaria Davidescu & Eduard Mihai Manta & Cristina Maria Geambasu, 2022. "Highlighting the Main Poles of Political Performance and Governance Capacity at EU Level. Implications in the Context of COVID-19 Crisis," Springer Proceedings in Business and Economics, in: Silvia L. Fotea & Ioan Ş. Fotea & Sebastian Văduva (ed.), Post-Pandemic Realities and Growth in Eastern Europe, chapter 0, pages 189-209, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-09421-7_12
    DOI: 10.1007/978-3-031-09421-7_12
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