Greening the recovery: Efficiency in natural resource markets

IF 10.2 2区 经济学 0 ENVIRONMENTAL STUDIES
Abdulrasheed Zakari , Vincent Konadu Tawiah , Stefania Pinzon
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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.
绿化复苏:自然资源市场的效率
本研究调查了资源贸易与绿色经济复苏战略之间的相关性,尤其侧重于为了解 1973 年至 2019 年 43 个非洲国家的贸易对环境可持续性的影响做出科学贡献。研究结果表明,虽然自然资源的出口会阻碍环境友好型经济目标的实现,但资源的进口可以通过贸易刺激可持续技术的发展。对于寻求实现经济发展与可持续发展和谐平衡的政策制定者来说,资源贸易发挥着至关重要的双重作用。本研究的意义在于提供了切实可行的建议,如调整资源组合、将环境条款纳入贸易协定、为可持续基础设施分配资源以及促进包容性发展。这些解决方案为协调资源贸易政策与绿色经济复苏目标提供了切实可行的方法。这部著作通过研究资源贸易与可持续发展之间的权衡与协同作用,完善了现有的可持续发展文献。它为实现平衡且无害环境生态的经济复苏提供了切实可行的战略。
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来源期刊
Resources Policy
Resources Policy ENVIRONMENTAL STUDIES-
CiteScore
13.40
自引率
23.50%
发文量
602
审稿时长
69 days
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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