Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH008
K. Adetiloye, A. Babajide, J. Taiwo
This chapter is on the use of the Sustainable Development Goals (SDGs) for the achievement of green economy in Nigeria with the specific aim of assessing the performance of key issues in the SDGs. Five goals SDGs 6, 7, 11, 12, and 15 for water and sanitation, safe human settlements, renewable energy, sustainable consumption and production, and ecosystem, respectively, are selected for assessment for the green initiatives and the economy. Budgets on economic and social services follows the pattern theory: that government allocates and reallocates at will without cognizance of the population's interests. The assessment holds the fact that only two of these goals are being met somehow—renewable energy and clean water—and not necessarily because of the need to achieve the goals but as part of private sector and dynamic market initiatives, clearly indicating failures for the others. For the most part, Nigeria failed in the areas of ecosystem, good human settlement, and responsible consumption. The chapter suggests the encouragement of entrepreneurial initiatives, the initiation of new policies on green economy, and the enforcement of regulations already in place to power the economy.
{"title":"Powering the Sustainable Development Goals for Green Growth in Nigeria","authors":"K. Adetiloye, A. Babajide, J. Taiwo","doi":"10.4018/978-1-5225-8547-3.CH008","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH008","url":null,"abstract":"This chapter is on the use of the Sustainable Development Goals (SDGs) for the achievement of green economy in Nigeria with the specific aim of assessing the performance of key issues in the SDGs. Five goals SDGs 6, 7, 11, 12, and 15 for water and sanitation, safe human settlements, renewable energy, sustainable consumption and production, and ecosystem, respectively, are selected for assessment for the green initiatives and the economy. Budgets on economic and social services follows the pattern theory: that government allocates and reallocates at will without cognizance of the population's interests. The assessment holds the fact that only two of these goals are being met somehow—renewable energy and clean water—and not necessarily because of the need to achieve the goals but as part of private sector and dynamic market initiatives, clearly indicating failures for the others. For the most part, Nigeria failed in the areas of ecosystem, good human settlement, and responsible consumption. The chapter suggests the encouragement of entrepreneurial initiatives, the initiation of new policies on green economy, and the enforcement of regulations already in place to power the economy.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"387 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115481067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH022
D. Nandy
Energy security and economic growth are interrelated. South Asia is at a critical juncture today. Development is the overriding priority for the region because of the high incidence of poverty, but energy is proving to be a critical constraint. The entire region is suffering from an acute energy crisis. Firstly, South Asian countries are confronted with the huge challenge of securing energy to sustain rapid economic growth and meeting the rising aspirations of the people. Secondly, the region is home to a huge population that lacks access to clean forms of energy. A large section of the population, particularly in rural areas lacks access to electricity and relies on the traditional use of biomass for cooking. With limited domestic energy sources, most South Asian countries are also highly dependent on energy imports, particularly crude oil, from other regions. Thirdly, on the issue of energy security SAARC, countries need to establish a platform of common interest. There are three objectives of this chapter: exploring new alternatives of energy sources of South Asian States, searching for relationship between energy security and economic growth, and re-thinking about an alternative policy options regarding energy security in South Asia.
{"title":"Energy Security and Economic Growth in South Asia","authors":"D. Nandy","doi":"10.4018/978-1-5225-8547-3.CH022","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH022","url":null,"abstract":"Energy security and economic growth are interrelated. South Asia is at a critical juncture today. Development is the overriding priority for the region because of the high incidence of poverty, but energy is proving to be a critical constraint. The entire region is suffering from an acute energy crisis. Firstly, South Asian countries are confronted with the huge challenge of securing energy to sustain rapid economic growth and meeting the rising aspirations of the people. Secondly, the region is home to a huge population that lacks access to clean forms of energy. A large section of the population, particularly in rural areas lacks access to electricity and relies on the traditional use of biomass for cooking. With limited domestic energy sources, most South Asian countries are also highly dependent on energy imports, particularly crude oil, from other regions. Thirdly, on the issue of energy security SAARC, countries need to establish a platform of common interest. There are three objectives of this chapter: exploring new alternatives of energy sources of South Asian States, searching for relationship between energy security and economic growth, and re-thinking about an alternative policy options regarding energy security in South Asia.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"10 14","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133651366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH005
Tonmoy Chatterjee
This chapter deals with some contemporary issues related to trade and environment, which are mainly faced by the developing nations of the world. In this context, the present study has considered some facts and figures of Indian tannery industry for realization of the above-mentioned objective. In this chapter, an attempt has been made to analyze theoretically the effect of both environmental regulation and trade liberalization on the output of different sectors and also on the national welfare in a small open economy. To categorize this, the authors have presented a theoretical model based on the general equilibrium framework that mainly highlights a paradoxical result. Apart from this, the present research shows that the capital used specifically in advanced export sector is likely to affect the welfare positively, and the capital used by the rest of the economy is likely to affect the welfare adversely when usual export sector of the economy vanishes, and the opposite will occur when the pollution-intensive informal sector of the economy vanishes.
{"title":"Environmental Regulation, International Trade, and Informal Sector","authors":"Tonmoy Chatterjee","doi":"10.4018/978-1-5225-8547-3.CH005","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH005","url":null,"abstract":"This chapter deals with some contemporary issues related to trade and environment, which are mainly faced by the developing nations of the world. In this context, the present study has considered some facts and figures of Indian tannery industry for realization of the above-mentioned objective. In this chapter, an attempt has been made to analyze theoretically the effect of both environmental regulation and trade liberalization on the output of different sectors and also on the national welfare in a small open economy. To categorize this, the authors have presented a theoretical model based on the general equilibrium framework that mainly highlights a paradoxical result. Apart from this, the present research shows that the capital used specifically in advanced export sector is likely to affect the welfare positively, and the capital used by the rest of the economy is likely to affect the welfare adversely when usual export sector of the economy vanishes, and the opposite will occur when the pollution-intensive informal sector of the economy vanishes.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"os-2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127848009","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH010
Ashu Tiwari, A. Patro, Jahnavi Patky
Recently, the climate regulations and stop-loss regulations have become a central policy parameter globally. In market-oriented economies, insurers as the biggest stakeholder-industry of natural disaster risk are facing the issue related to industry sustainability. Thus, the policy implications of natural disasters regulation on the insurance industry are enormous. Therefore, this chapter has made an effort to analyze the disaster management in the integrated framework. This integrated framework is based upon the analysis of the role of regulatory actions taken by three actors, namely, disaster regulation, insurance regulations, and firms' actions across the three stages of disaster management, namely, pre-disaster, underwriting, and post-disaster stages in G-7 economies. Based on the outcomes of the current analysis, the chapter found that there are two polar opposite integrated models (i.e., isolated best policy model in the case of Japan and spiral policy model in the case of Italy). Five models fall in between the two.
{"title":"The Role of Disaster Regulations and Insurance Regulations on the Development of Disaster Insurance Markets","authors":"Ashu Tiwari, A. Patro, Jahnavi Patky","doi":"10.4018/978-1-5225-8547-3.CH010","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH010","url":null,"abstract":"Recently, the climate regulations and stop-loss regulations have become a central policy parameter globally. In market-oriented economies, insurers as the biggest stakeholder-industry of natural disaster risk are facing the issue related to industry sustainability. Thus, the policy implications of natural disasters regulation on the insurance industry are enormous. Therefore, this chapter has made an effort to analyze the disaster management in the integrated framework. This integrated framework is based upon the analysis of the role of regulatory actions taken by three actors, namely, disaster regulation, insurance regulations, and firms' actions across the three stages of disaster management, namely, pre-disaster, underwriting, and post-disaster stages in G-7 economies. Based on the outcomes of the current analysis, the chapter found that there are two polar opposite integrated models (i.e., isolated best policy model in the case of Japan and spiral policy model in the case of Italy). Five models fall in between the two.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122002213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH013
S. Jana, M. Ghosh, A. K. Karmakar
Renewable energy is energy that is collected from renewable resources that are essentially inexhaustible like sunlight, wind, hydropower, and various forms of biomass. India has a huge renewable energy potential, and the availability of renewable energy sources is widely dispersed. The key objectives of the chapter are to assess the state development of renewable energy in India. It is seen that the average percentage users of solar power in India has increased from 0.27% in 2001 to 0.44% in 2011. ANOVA results indicate there is significant difference among the states of India in renewable energy development in comparison to their potential capacities, and there is enough scope for the development of renewable energy like solar energy in India.
{"title":"State-Level Status of Renewable Energy Development in India","authors":"S. Jana, M. Ghosh, A. K. Karmakar","doi":"10.4018/978-1-5225-8547-3.CH013","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH013","url":null,"abstract":"Renewable energy is energy that is collected from renewable resources that are essentially inexhaustible like sunlight, wind, hydropower, and various forms of biomass. India has a huge renewable energy potential, and the availability of renewable energy sources is widely dispersed. The key objectives of the chapter are to assess the state development of renewable energy in India. It is seen that the average percentage users of solar power in India has increased from 0.27% in 2001 to 0.44% in 2011. ANOVA results indicate there is significant difference among the states of India in renewable energy development in comparison to their potential capacities, and there is enough scope for the development of renewable energy like solar energy in India.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"111 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131737825","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH018
Subikash Mookherjee, Debasish Mondal
Aspirations for being urban in character are considered as a significant phenomenon of socio-economic development in developing countries. Urbanization, in economic sense only, means intensive economic activities by a large number of people in a relatively small plot of land, where secondary and tertiary sectors play a dominant role and where certain amenities are bound to be available for general citizens, though it doesn't seem complete without addressing the issue of nature. Though urbanization of an area is tried to be measured by some academicians through applying the method of indexing with available indicators and their data-driven weights, environmental issues are not incorporated there for any kind of factor analysis to identify their individual relative importance. This chapter intervenes at this juncture and focuses on construction of an urbanization index for some selected “town area units” belonging to some selected districts of West Bengal and run a factor analysis of it on some identified environmental factors. It observes negative relationship between QVSE and IGU, positive association between IGU and PR, and positive relation between IWDS and IGU.
{"title":"Major Components of Green Urbanization and Their Relative Importance","authors":"Subikash Mookherjee, Debasish Mondal","doi":"10.4018/978-1-5225-8547-3.CH018","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH018","url":null,"abstract":"Aspirations for being urban in character are considered as a significant phenomenon of socio-economic development in developing countries. Urbanization, in economic sense only, means intensive economic activities by a large number of people in a relatively small plot of land, where secondary and tertiary sectors play a dominant role and where certain amenities are bound to be available for general citizens, though it doesn't seem complete without addressing the issue of nature. Though urbanization of an area is tried to be measured by some academicians through applying the method of indexing with available indicators and their data-driven weights, environmental issues are not incorporated there for any kind of factor analysis to identify their individual relative importance. This chapter intervenes at this juncture and focuses on construction of an urbanization index for some selected “town area units” belonging to some selected districts of West Bengal and run a factor analysis of it on some identified environmental factors. It observes negative relationship between QVSE and IGU, positive association between IGU and PR, and positive relation between IWDS and IGU.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"7 27","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133087470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH006
Adem Gök
The chapter investigates the role of FDI on growth, the role of FDI on environmental quality, and the role of environmental quality on FDI in 23 emerging market economies over the period of 1993-2014 by panel VAR analysis. It observes that FDI contributes to economic growth and environmental degradation in emerging market economies. In addition, environmental degradation attracts FDI inflows into host emerging market economies. The results support pollution haven hypothesis and contradict pollution halo hypothesis.
{"title":"Economic Growth and Environmental Impacts of Foreign Direct Investment in Emerging Market Economies","authors":"Adem Gök","doi":"10.4018/978-1-5225-8547-3.CH006","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH006","url":null,"abstract":"The chapter investigates the role of FDI on growth, the role of FDI on environmental quality, and the role of environmental quality on FDI in 23 emerging market economies over the period of 1993-2014 by panel VAR analysis. It observes that FDI contributes to economic growth and environmental degradation in emerging market economies. In addition, environmental degradation attracts FDI inflows into host emerging market economies. The results support pollution haven hypothesis and contradict pollution halo hypothesis.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"575 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129033376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.4018/978-1-5225-8547-3.CH003
Deniz Güvercin
The chapter contributes to the growing body of empirical researches by exploring the nexus among FDI, trade, carbon dioxide emission level, and the renewable energy use. Panel VAR econometric methodology upon the data for 18 emerging economies over the period of 1990-2014 is applied to uncover the interactive and simultenous relations among variables. Granger causality test results indicate that FDI, carbon emission, and renewable energy use Granger cause trade. Carbon emission and renewable energy use Granger cause FDI, FDI Granger causes carbon emission, and FDI granger causes renewable energy use. Impulse response analysis results indicate that FDI decreases trade, carbon emission, and renewable energy use. Moreover, carbonemission decreases trade, and increases FDI whereas it is decreased by renewable energy use. Results indicate that the Pollution Haven and the Pollution Halo hypothesis are valid for the FDI, however, the Pollution Haven hypothesis is not valid for trade. Additionally, results indicate that FDI decreases trade implying the presence of substitution relation between FDI and trade.
{"title":"The Benefits and Costs of Foreign Direct Investment for Sustainability in Emerging Market Economies","authors":"Deniz Güvercin","doi":"10.4018/978-1-5225-8547-3.CH003","DOIUrl":"https://doi.org/10.4018/978-1-5225-8547-3.CH003","url":null,"abstract":"The chapter contributes to the growing body of empirical researches by exploring the nexus among FDI, trade, carbon dioxide emission level, and the renewable energy use. Panel VAR econometric methodology upon the data for 18 emerging economies over the period of 1990-2014 is applied to uncover the interactive and simultenous relations among variables. Granger causality test results indicate that FDI, carbon emission, and renewable energy use Granger cause trade. Carbon emission and renewable energy use Granger cause FDI, FDI Granger causes carbon emission, and FDI granger causes renewable energy use. Impulse response analysis results indicate that FDI decreases trade, carbon emission, and renewable energy use. Moreover, carbonemission decreases trade, and increases FDI whereas it is decreased by renewable energy use. Results indicate that the Pollution Haven and the Pollution Halo hypothesis are valid for the FDI, however, the Pollution Haven hypothesis is not valid for trade. Additionally, results indicate that FDI decreases trade implying the presence of substitution relation between FDI and trade.","PeriodicalId":113069,"journal":{"name":"Handbook of Research on Economic and Political Implications of Green Trading and Energy Use","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132983916","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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