Research in Globalization最新文献

{"title":"Green finance and business sophistication on environmental debt: a global analysis of net effects and policy thresholds","authors":"Eunice Taveng ,&nbsp;Anthony Adu Asare Idun ,&nbsp;Patrick Darkwa ,&nbsp;Pius Gamette","doi":"10.1016/j.resglo.2025.100315","DOIUrl":"10.1016/j.resglo.2025.100315","url":null,"abstract":"<div><div>There is limited empirical research on how business sophistication influences the effect of green finance in addressing environmental sustainability challenges across countries. This study adopts the resource-based view and institutional theory to examine how business sophistication shapes the relationship between green finance and environmental debt in developed and developing economies. Using panel data from 43 countries spanning 2014–2021, we employ two-step System GMM estimation to assess the conditional impact of green finance on a composite index of environmental debt (CO₂ emissions, water stress and deforestation). The results show that while green finance alone is associated with higher environmental pressures, its effectiveness improves significantly when moderated by business sophistication, with threshold values of 4.08 for carbon emissions, 3.85 for water stress, and 3.98 for deforestation. These findings are robust across model specifications, supporting the validity of the results and highlighting the critical role of business sophistication in augmenting green finance flows into tangible environmental improvements. As the first cross-country study to establish the moderating role of business sophistication, this research contributes new theoretical and empirical insights. The study concludes that green finance policies must be aligned with business sophistication levels to avoid counterproductive outcomes. Policymakers are advised to invest in strengthening innovation systems, knowledge absorption and corporate governance before scaling up green finance interventions.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100315"},"PeriodicalIF":0.0,"publicationDate":"2025-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145104382","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}

{"title":"Global governance and security challenges: transnational pathways to reducing terrorism mortality in a globalized world","authors":"Sohidul Islam ,&nbsp;Md. Mustaqim Roshid ,&nbsp;Reday Chandra Bhowmik ,&nbsp;Bablu Kumar Dhar ,&nbsp;Mohammed Saiful Islam ,&nbsp;Asif Raihan ,&nbsp;Fatema Akter","doi":"10.1016/j.resglo.2025.100312","DOIUrl":"10.1016/j.resglo.2025.100312","url":null,"abstract":"<div><div>This study investigates the transnational drivers of terrorism mortality through the lens of global governance, focusing on countries most affected by terrorism during the study period (1995–2023), identified dynamically using Global Terrorism Index rankings across multiple years rather than a single static list<strong>.</strong> Using the Cross-Sectional Autoregressive Distributed Lag (CS-ARDL) model, it analyzes how key governance variables—political stability, regional conflict, human development, militarization, liberal democracy, and political corruption—influence terrorism-related deaths across interconnected regions. The analysis accounts for cross-sectional dependence and heterogeneity, and additionally incorporates country and year fixed effects in robustness checks to mitigate omitted variable bias and capture unobserved heterogeneity across space and time<strong>.</strong> Findings reveal that governance factors traditionally considered strengths, such as political stability, human development, and democracy, may inadvertently escalate terrorism mortality when poorly aligned with regional security dynamics. Conversely, militarization and corruption exhibit paradoxical effects, while regional conflict presents unexpected negative associations. The study uncovers several counterintuitive governance effects, reinforcing the need for caution in interpreting long-run elasticities and highlighting the importance of future research into potential nonlinearities and omitted variable influences. This study uniquely contributes to the global governance literature by offering a transnational econometric framework to understand terrorism mortality within a sustainable development context. It concludes with policy insights calling for internationally coordinated governance strategies that reinforce institutional resilience and promote SDG 16 objectives through inclusive, development-oriented security reforms.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100312"},"PeriodicalIF":0.0,"publicationDate":"2025-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145094854","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}

{"title":"From globalization to innovation: investigating the impact of R&D, internet penetration, and economic factors on digitalization in BRICS","authors":"Marc Audi ,&nbsp;Khalil Ahmad ,&nbsp;Marc Poulin ,&nbsp;Amjad Ali","doi":"10.1016/j.resglo.2025.100314","DOIUrl":"10.1016/j.resglo.2025.100314","url":null,"abstract":"<div><div>Digitalization has become a pivotal force shaping global trade and economic development, particularly across emerging economies. BRICS nations demonstrate diverse trajectories of digital expansion that reflect varying degrees of globalization, technological adoption, and policy frameworks. The core novelty is the identification and analysis of the globalization and digitalization is taking within the BRICS nations, reflecting their technological adoption and investment in the field of R&amp;D. This study examines how different dimensions of globalization (economic, social, and political), along with internet penetration, R&amp;D investment, GDP growth, and exchange rate movements, collectively influence digitalization in the BRICS economies. Employing panel data from 2000 to 2022, the analysis uses multiple econometric techniques, panel regression (fixed and random effects), robust least squares, fully modified OLS, dynamic OLS, and panel quantile regression, to capture both short-run and long-run dynamics, as well as distribution-specific impacts on ICT goods exports. Economic globalization, R&amp;D expenditure, and GDP growth consistently show positive and significant effects on digitalization, broader internet penetration is especially critical at early stages. Social and political globalization produce nuanced outcomes depending on institutional and cultural contexts, while currency depreciation exerts a generally negative impact by making technology imports more expensive. The results underscore that BRICS policymakers should stabilize macroeconomic conditions, invest in R&amp;D, expand internet access, and strategically engage with global markets to foster inclusive digital growth. Tailored governance measures and targeted capacity-building efforts are also vital for translating globalization benefits into sustainable digital transformation across these emerging economies.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100314"},"PeriodicalIF":0.0,"publicationDate":"2025-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145026347","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}

{"title":"Bridging digital skill gaps in the global workforce: A synthesis and conceptual framework building","authors":"Pravin Mhaske ,&nbsp;Biplab Bhattacharjee ,&nbsp;Nivedita Haldar ,&nbsp;Parijat Upadhyay ,&nbsp;Anandadeep Mandal","doi":"10.1016/j.resglo.2025.100311","DOIUrl":"10.1016/j.resglo.2025.100311","url":null,"abstract":"<div><div>Industries undergoing rapid digital transformation are facing a significant global challenge: a widening gap between required and available workforce digital skills. This study identifies key determinants of this gap and develops a comprehensive conceptual framework for mitigation. The research adopted a mixed-methods strategy, integrating expert insights through interviews and a PRISMA-informed systematic review of existing literature. The findings identify critical enablers, including accessible digital infrastructure, targeted investments in skilling, inclusive policies, government-led digital literacy initiatives, industry-aligned curricula, and organizational digital maturity. In contrast, key barriers include limited access to quality educational resources, outdated curricula, high infrastructure costs, and inadequate regulatory support. Further, integrating the Resource-Based View and Technology Acceptance Model, Technology–Organization–Environment frameworks, we propose a novel conceptual model capturing organizational and individual factors influencing skill acquisition. This framework elucidates the complex dynamics driving digital skill gaps and provides actionable guidance for designing inclusive, future-ready upskilling strategies. Our findings offer vital insights for researchers, HR leaders, educators, and policymakers building resilient, digitally competent workforces for Industry 4.0 and beyond.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100311"},"PeriodicalIF":0.0,"publicationDate":"2025-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145018841","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}

{"title":"China–Ukraine relations and the Belt and Road Initiative: Challenges and future prospects","authors":"Mykyta Simonov","doi":"10.1016/j.resglo.2025.100309","DOIUrl":"10.1016/j.resglo.2025.100309","url":null,"abstract":"<div><div>The Belt and Road Initiative is an innovative global strategy launched by China to enhance economic cooperation and connectivity across Asia, Europe, and Africa. The European continent holds particular significance within China’s foreign policy, serving as a key area for investment, market expansion, and diplomatic engagement. Ukraine’s unique strategic geographical location, combined with its significant technological, industrial, and scientific potential, aligns closely with the ideas and objectives of the Belt and Road Initiative. This presents Ukraine with an essential opportunity to integrate into emerging political and economic globalization and contribute to the development of a new world economic order. This paper discusses the advantages and challenges of the Belt and Road Initiative for Sino-Ukrainian relations and highlights key policy tasks Ukraine needs to address in the context of China’s global project.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100309"},"PeriodicalIF":0.0,"publicationDate":"2025-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144895545","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}

{"title":"A global analysis of the role of uncertainty, globalisation, security and market concentration on domestic capital formation","authors":"Gildas Dohba Dinga,&nbsp;Gisele Mah","doi":"10.1016/j.resglo.2025.100310","DOIUrl":"10.1016/j.resglo.2025.100310","url":null,"abstract":"<div><div>This paper studies the dynamics between domestic physical capital formation and selected macroeconomic indicators (uncertainty, globalisation, security and market concentration) that have been given little consideration both within the theoretical scope and empirical perspectives. Based on a panel of 93 countries and a time frame from 1995 to 2019, we employ the dynamic common correlation effect technique and the quantile-on-quantile approach to attain the objectives of the study. The outcome from the estimated models indicates that security expenditure and globalisation (especially economic globalisation, trade globalisation, social globalisation, interpersonal globalisation and cultural globalisation) augment domestic capital formation globally, but heterogeneity in results exist when the panel is subdivided into income levels and sub-regions, whereas market concentration and uncertainty indicate no significant effect on capital formation though negative with some heterogeneity observed at income levels, sub-regional groupings and different quantiles. We recommend a global consensus in the world at large to tackle the negative effect of uncertainty. The diversification of markets in less developed countries is equally vital to boost domestic capital formation. The enforcement of security within nations is equally vital to boost business confidence.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100310"},"PeriodicalIF":0.0,"publicationDate":"2025-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144893558","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}

{"title":"An Investigation of the spatial dependence between economic policy uncertainty and economic activities in emerging market economies","authors":"Abigail Naa Korkor Adjei,&nbsp;George Tweneboah,&nbsp;Peterson Owusu Junior","doi":"10.1016/j.resglo.2025.100308","DOIUrl":"10.1016/j.resglo.2025.100308","url":null,"abstract":"<div><div>Understanding the trends and impact of economic policy uncertainty (EPU) and its relationship with economic activities has become essential because of its significant negative impact on economic activities. In this era of trade and globalization, it’s evident that, emerging market economies (EMEs) are not independent of each other. Consequently, economic activities in one region may affect economic activities in other regions. We offer new empirical evidence by employing the concept of spatial analysis to examine the spatial cross-country linkages between EMEs to determine whether the dependence between EPU and economic activities is as a result of their global proximity. The study employs a non-parametric geospatial analysis and finds evidence of spatial autocorrelation across all the selected EMEs. The similarities and dissimilarities between the selected EMEs are significantly influenced by the distance between them. Also, heterogeneity was recorded when the six EMEs were divided into sub regions. The study further discovered that, policies (trade, monetary and fiscal) as well as spillover effects, are some of the factors that influence EPU spatial autocorrelation in EMEs. Findings on a wide range of macroeconomic variables and their relationship to EPU are accessible to policymakers and regulators.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100308"},"PeriodicalIF":0.0,"publicationDate":"2025-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144809935","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}

{"title":"Artificial intelligence and soft skills in civil engineering education: A Latin American curriculum gap with global implications","authors":"Julio César Pino Tarragó,&nbsp;Dunia Lisbet Domínguez Gálvez,&nbsp;Julio Johnny Regalado Jalca,&nbsp;Erik Gabriel Villavicencio Cedeño","doi":"10.1016/j.resglo.2025.100307","DOIUrl":"10.1016/j.resglo.2025.100307","url":null,"abstract":"<div><div>This study analyzes the integration of Artificial Intelligence (AI) and the development of soft skills within the Civil Engineering program at the Universidad Estatal del Sur de Manabí (UNESUM) in Ecuador. Using a qualitative documentary analysis, the research examined 20 course syllabi and institutional curricular frameworks to assess the presence of socio-emotional competencies and emerging technologies. The findings reveal a fragmented and insufficient incorporation of soft skills, mainly restricted to transversal courses, and a complete absence of AI-related pedagogical content—even in technology-relevant subjects. These gaps indicate a structural misalignment between the graduate profile and the implemented curriculum. The study argues for a comprehensive curricular redesign that combines technical instruction with transversal competencies and leverages AI as a pedagogical resource. While based on a single Latin American institution, the results highlight broader systemic challenges in engineering education across developing regions, offering insights relevant to similar contexts. This paper contributes to the global discussion on curriculum innovation in the era of Industry 4.0.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100307"},"PeriodicalIF":0.0,"publicationDate":"2025-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144814067","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}

{"title":"Asymmetric effects of venture capital on environmental sustainability in OECD nations","authors":"Md Qamruzzaman","doi":"10.1016/j.resglo.2025.100306","DOIUrl":"10.1016/j.resglo.2025.100306","url":null,"abstract":"<div><div>This study examines the impact of venture capital on environmental sustainability in OECD countries, focusing on the mediating roles of green innovation and environmental policy stringency. Using AMG, CCEMG, and CS-ARDL estimators on panel data spanning 2005–2022, the analysis tests the EKC, LCC, and NRKC hypotheses. Findings reveal that venture capital significantly enhances environmental sustainability by reducing CO₂ emissions and improving ecological resilience, primarily through its influence on green innovation. The study’s integrated analysis reveals that, in OECD countries, a 1 % increase in venture capital investment reduces carbon emissions by up to 0.31 % and that similar increases in green innovation cut emissions by as much as 0.30 %. Conversely, a 1 % rise in natural resource rents can elevate emissions by up to 0.26 %. These results underscore the transformative, quantifiable role of financial and technological innovation in advancing environmental sustainability, while highlighting persistent challenges linked to resource dependency. Environmental policy stringency strengthens this relationship, indicating that institutional frameworks enhance the effectiveness of financial mechanisms. Results confirm non-linear environmental relationships and highlight the positive role of financial development, while trade openness and resource rents present mixed effects. This study is novel in integrating venture capital, green innovation, and environmental policies within a comprehensive macro-panel framework, offering new empirical insights into their dynamic interactions. Policies should incentivise green innovation, enforce environmental regulations, and channel venture capital into sustainable technologies to promote long-term ecological balance.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100306"},"PeriodicalIF":0.0,"publicationDate":"2025-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144757965","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}

{"title":"Brain drain or economic gain? Untangling the global migration-growth puzzle through causality and time-frequency lenses","authors":"Pramoda Dissanayake,&nbsp;Lucius Chloe,&nbsp;Yusra Azmi,&nbsp;Shamen Landersz,&nbsp;Ruwan Jayathilaka","doi":"10.1016/j.resglo.2025.100305","DOIUrl":"10.1016/j.resglo.2025.100305","url":null,"abstract":"<div><div>This study investigates the complex causal relationships between net migration and economic growth at the global, income group, and country levels, framing these dynamics within the evolving landscape of global economic integration and disparities, thereby addressing the enduring “brain drain or economic gain” debate. The analysis is conducted employing the latest available panel data from 1990 to 2023 for 154 countries. Additionally, several advance analytical techniques including Juodis, Karavias and Sarafidis non-causality test and Wavelet Transform Coherence is utilised to investigate relationships across multiple scales and time frequencies. To the best of the authors’ knowledge, no prior research has examined these dynamics using these methods. Additionally, a novel visualisation technique called Lucius Jesper Chloe heatmap, was utilised to depict the Granger causalities. The findings confirm a relationship between migration and economic growth on a global scale. Further analysis reveals bidirectional and unidirectional relationships within income groups and countries. Finally, implications are made for policymakers to develop economic policies that leverage the economic potential of migration and vice versa.</div></div>","PeriodicalId":34321,"journal":{"name":"Research in Globalization","volume":"11 ","pages":"Article 100305"},"PeriodicalIF":0.0,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144721348","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}