{"title":"Greening the recovery: Efficiency in natural resource markets","authors":"","doi":"10.1016/j.resourpol.2024.105360","DOIUrl":null,"url":null,"abstract":"<div><div>The present study investigates the correlation between resource trading and green economic recovery strategies, with a particular focus on the scientific contribution towards understanding the effects of trade on environmental sustainability in 43 African countries from 1973 to 2019. The results demonstrate that although the exportation of natural resources can impede the achievement of environmentally friendly economic goals, the importation of resources can stimulate the development of sustainable technology through trade. Resource trading plays a crucial dual function for policymakers seeking to achieve a harmonious equilibrium between economic development and sustainability. The significance of this study is in the provision of practical suggestions, such as the adaptation of resource portfolios, the incorporation of environmental provisions into trade agreements, the allocation of resources towards sustainable infrastructure, and the advancement of inclusive development. These solutions provide a practical method for harmonizing resource trade policies with the goals of green economic recovery. This work enhances the existing literature on sustainable development by examining the trade-offs and synergies between resource trade and sustainability. It provides practical strategies for attaining a balanced and environmentally ecologically sound economic recovery.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":null,"pages":null},"PeriodicalIF":10.2000,"publicationDate":"2024-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S030142072400727X","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"0","JCRName":"ENVIRONMENTAL STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
The present study investigates the correlation between resource trading and green economic recovery strategies, with a particular focus on the scientific contribution towards understanding the effects of trade on environmental sustainability in 43 African countries from 1973 to 2019. The results demonstrate that although the exportation of natural resources can impede the achievement of environmentally friendly economic goals, the importation of resources can stimulate the development of sustainable technology through trade. Resource trading plays a crucial dual function for policymakers seeking to achieve a harmonious equilibrium between economic development and sustainability. The significance of this study is in the provision of practical suggestions, such as the adaptation of resource portfolios, the incorporation of environmental provisions into trade agreements, the allocation of resources towards sustainable infrastructure, and the advancement of inclusive development. These solutions provide a practical method for harmonizing resource trade policies with the goals of green economic recovery. This work enhances the existing literature on sustainable development by examining the trade-offs and synergies between resource trade and sustainability. It provides practical strategies for attaining a balanced and environmentally ecologically sound economic recovery.
期刊介绍：
Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.
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