Published : 2022-06-29

Decent work and economic growth: the case study of the BRICS countries

Section: Articles

Abstract

The article covers the prioritisation of Brazil, Russia, India, China, and South Africa (collectively referred to as the BRICS countries) in order to find out which of them is the most successful in terms of Sustainable Development Goal 8 (SDG8). For that purpose, the Analytic Hierarchy Process (AHP) and Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) methods were used. The AHP method was employed in order to assign suitable weights to the SDG8 indicators, and the TOPSIS and COPRAS methods were used for the prioritisation of BRICS countries. Based on the research results, China was the most progressive economy from 1991 to 2019 regarding economic growth and a decent work environment, while South Africa showed the lowest level of progress.

Keywords

sustainable development goals ; economic growth ; decent work ; BRICS


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