Can a transport company go green in an unstable economy? This research argues that the answer is largely “no.” For transport firms in Eastern Europe, macroeconomic stability is the single most important predictor of sustainable growth.
Using the “Pentagon of Stability”—which tracks everything from inflation to unemployment—the study reveals that when a nation’s economy is balanced, companies have the confidence and capital to invest in the future.
The findings offer a clear message for governments: sustainability isn’t just about environmental laws; it’s about economic predictability. In countries like Slovenia and Slovakia, the link between a healthy economy and a healthy transport sector is undeniable.
To support the “Green Deal,” the paper concludes that policymakers must ensure fair tax systems, stable legal regulations, and easy access to finance. Without a stable macroeconomic floor, the transport industry—one of our biggest polluters—cannot build the sustainable ceiling we need.
Learn more about this paper here: https://doi.org/10.3846/jbem.2021.15913
Reference
Comporek, M., Kowalska, M., & Misztal, A. (2022). Macroeconomic stability and transport companies’ sustainable development in the Eastern European Union. Journal of Business Economics and Management, 23(1), 131–144