{"title":"The catalyzing role of financial inclusion in decoding environmental challenges and fostering a sustainable future in BRICS-T","authors":"Bilgehan Tekin","doi":"10.1111/ecpo.12301","DOIUrl":null,"url":null,"abstract":"<p>Environmental degradation poses a significant challenge globally, exhibiting diverse manifestations across regions and ecosystems. This study aims to decipher the factors contributing to environmental degradation, with a specific focus on Brazil, Russia, India, China, South Africa, and Türkiye countries, spanning the period of 1990–2018. This investigation revealed intricate interdependencies among financial institutions, market dynamics, energy utilization, demographic shifts, and ecological impacts. According to the findings of studies based on Durbin-Hausman, Westerlund, CS-ARDL cointegration, Juodis, Karavias, and Sarafidis and Dumitrescu-Hurlin causality tests, policies that encourage financial inclusion and energy efficiency should be developed to prevent environmental degradation. On the other hand, attention has been given to the impact of population growth on environmental policy decisions. This research contributes valuable information to the ongoing discourse on the interrelationship between financial inclusion, the energy population, and environmental protection.</p>","PeriodicalId":47220,"journal":{"name":"Economics & Politics","volume":"36 3","pages":"1572-1603"},"PeriodicalIF":1.5000,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics & Politics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/ecpo.12301","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Environmental degradation poses a significant challenge globally, exhibiting diverse manifestations across regions and ecosystems. This study aims to decipher the factors contributing to environmental degradation, with a specific focus on Brazil, Russia, India, China, South Africa, and Türkiye countries, spanning the period of 1990–2018. This investigation revealed intricate interdependencies among financial institutions, market dynamics, energy utilization, demographic shifts, and ecological impacts. According to the findings of studies based on Durbin-Hausman, Westerlund, CS-ARDL cointegration, Juodis, Karavias, and Sarafidis and Dumitrescu-Hurlin causality tests, policies that encourage financial inclusion and energy efficiency should be developed to prevent environmental degradation. On the other hand, attention has been given to the impact of population growth on environmental policy decisions. This research contributes valuable information to the ongoing discourse on the interrelationship between financial inclusion, the energy population, and environmental protection.
期刊介绍：
Economics & Politics focuses on analytical political economy, broadly defined as the study of economic and political phenomena and policy in models that include political processes, institutions and markets. The journal is the source for innovative theoretical and empirical work on the intersection of politics and economics, at both domestic and international levels, and aims to promote new approaches on how these forces interact to affect political outcomes and policy choices, economic performance and societal welfare. Economics & Politics is a vital source of information for economists, academics and students, providing: - Analytical political economics - International scholarship - Accessible & thought-provoking articles - Creative inter-disciplinary analysis
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