Facilitating Green Tech and Green Finance between Public and Private Sectors: Innovation and Sustainable Growth

2021 ◽  
Author(s):  
Marianne Ojo D Delaney PhD
Keyword(s):  
Sustainable Growth ◽  
Public And Private ◽  
Green Finance

scholarly journals Forecasting GDP Per Capita In Bangladesh: Using Arima Model

2020 ◽  
Vol 5 (5) ◽  
Author(s):  
Liton Chandra Voumik ◽  
Dilruba Yesmin Smrity
Keyword(s):  
Arima Model ◽  
Sustainable Growth ◽  
Decision Makers ◽  
Living Standards ◽  
Gdp Per Capita ◽  
Public And Private ◽  
Poor Countries ◽  
Per Capita ◽  
Key Indicators ◽  
Yearly Data

GDP per capita is one of the key indicators of the economic health of any country. It is often used by academicians and decision-makers to plan public and private policies. The work aims to forecast the real per capita GDP in Bangladesh. Using yearly data for Bangladesh from 1972 to 2019, the study analyzes future GDP per capita using the ARIMA technique. The ADF, PP, and KPSS tests showed that the appropriate model to forecast Bangladeshi GDP per capita is ARIMA (0, 2, 1). Finally, we applied in our paper the ARIMA model (0,2,1) to forecast the GDP per capita of Bangladesh for the next decade. The future GDP per capita shows that living standards in Bangladesh will continue. Indeed, Bangladesh's economy is growing, and other poor countries must learn from Bangladesh's experiences. The study offers policy prescriptions to help policymakers for Bangladesh on how to maintain, preserve, and promote sustainable growth in Bangladesh.

scholarly journals The Combined Effects of Public and Private Investments on Economic Growth in the CEMAC Zone

2019 ◽  
Vol 3 (1) ◽  
Author(s):  
Noula Armand Gilbert ◽  
Chouafi Nguekam Orfé ◽  
Kamajou François
Keyword(s):  
Economic Growth ◽  
Sustainable Growth ◽  
Public And Private ◽  
Vector Error Correction ◽  
Panel Data Estimation ◽  
Public Investments ◽  
Long Run ◽  
Private Investments ◽  
Short Run ◽  
The Impact

This study evaluates the simultaneous impact of public and private investments on economic growth in the CEMAC zone between 1984 and 2017.To attain this aim, we use the Vector Error Correction Model (VECM) to test the direction of causality between the three variables above at the level of each country. We find that the direction of causality is not the same in all the countries both in the short as in long-run. We then develop an ideal model going from the Cobb Douglas production function which we quantitatively validate using panel data estimation through the method of Pool Mean Group which takes into account individual specificities. It arises that contrary to economic theory, private sector investments have positive and significant effects in short-run. However, the impact of public investments is negative and significant. In the long-run, the effects are reversed and call on the authorities of the CEMAC zone to reinforce the political risk to strengthen the public-private partnership in the process of sustainable growth.

scholarly journals A World in the Balance: The Economy Towards Recession

2019 ◽  
Vol 11 (3) ◽  
pp. 50
Author(s):  
Giovanni Antonio COSSIGA
Keyword(s):  
Fiscal Policy ◽  
Global Economy ◽  
Central Banks ◽  
Large River ◽  
Sustainable Growth ◽  
Dark Side ◽  
Private Debt ◽  
Public And Private ◽  
Thing In Itself ◽  
Weak Growth

The global economy is moving uncertainly towards recession. An economy in the balance that remains uncertain on the threshold of recession, relying on the benevolent contribution of support policies. Without the help of fiscal policy and the complacency of the Central Banks through new liquidity injections, and therefore through easy credit, it can certainly be admitted that the recession would tend to prevail. But the recession is not a bad thing in itself, it’s rather the treatment for the evil afflicting the economy: the growing instability of economic systems under the increasing weight of excessive liquidity and an abnormal increase of public and private debt. The result of this negative equation is the growth of the economy sustained by abundant liquidity and credit availability and then a weak and doped development. A development line that cannot go on without the resources of politics. The problem is therefore whether this dependency condition can last. That is, if the economy can find the virtuous energies to reabsorb the accumulated excesses through a sustainable growth. The compulsive use of fiscal policy to fight the damage caused by the serious 2008-2010 crisis has undoubtedly reduced the economic and above all social damage due to the loss of jobs, and therefore helped the recovery. However, the massive use of public debt could hide a dark side. First of all, it fueled a legacy of recessive prices and weak development. And this, despite the large river of liquidity injected into the system by the Central Banks. However, the availability of new liquidity did not defeat the tendency of the economy to deflation and then couldn’t support development, which appears generally weak. The US case, which sees the relaunch of development by the fiscal reform that reduces taxation particularly in favor of higher incomes, doesn’t seem to be an exception. However, we are facing economies that require the continuous support of political policies in order to confirm their (weak) growth. On the other hand, it’s quite clear the dark side created by the trap "liquidity - weak growth" now affecting the global development, although without this trick the world in the balance could fall into recession.

Economic Policy and Developmental Regulation in South Korea

2017 ◽  
Vol 16 (1) ◽  
pp. 67-85 ◽  
Author(s):  
Saeed Attar ◽  
Hojjat Kazemi
Keyword(s):  
Economic Policy ◽  
Developmental Regulation ◽  
Sustainable Growth ◽  
Three Dimensions ◽  
Regulation System ◽  
Second Phase ◽  
Public And Private ◽  
Third Phase ◽  
The 1960S ◽  
Korean State

This paper analyses the importance of a developmental regulation system in the economic policy path of Korea since the 1960s. This system has three dimensions: proscriptive (i.e. determining the type of activity or the price of a commodity and creating state-owned companies), prescriptive (i.e. policy recommendations) and liberalising (i.e. setting up some regulations to protect competition and prevent monopolies). The main emphasis was proscriptive and prescriptive during the first phase (1962–1993) and moved to liberalisation during the second phase (1993–2003). The third phase (2003–present) has been focused on a balanced combination of all three dimensions. This paper shows how the Korean state has implemented a system of developmental regulation to strengthen public and private enterprises, to promote direct and indirect management of these firms, and to move towards long-term economic policy effectiveness in order to serve national industrialisation and sustainable growth.

DRIVING A GREEN ECONOMY THROUGH PUBLIC FINANCE AND FISCAL POLICY REFORM

2011 ◽  
Vol 02 (02) ◽  
pp. 325-349 ◽  
Author(s):  
BENJAMIN JONES
Keyword(s):  
Public Finance ◽  
Environmental Sustainability ◽  
Policy Reform ◽  
Job Creation ◽  
Economic Transformation ◽  
Sustainable Growth ◽  
Green Economy ◽  
Public And Private ◽  
Policy Makers ◽  
Environmentally Sustainable

Amid a still fragile economic environment, and rising concerns about deteriorating environmental conditions, policy-makers are examining the potential for new sources of environmentally sustainable growth and job creation. A "green economy" has emerged as an important concept linking economic growth and environmental sustainability. This paper emphasises the potentially significant opportunities to enhance welfare from better management of scarce environmental and natural resources, including through the reduction and removal of large distortions arising from environmentally harmful subsidies. It emphasises the centrality of fiscal (and in particular tax based) measures, as part of a portfolio of policies necessary to mobilise the resources, both public and private, for such an economic transformation to be effective and equitable.

Occupational safety and health’s role in sustainable, responsible nanotechnology: gaps and needs

2009 ◽  
Vol 28 (6-7) ◽  
pp. 433-443 ◽  
Author(s):  
S. Iavicoli ◽  
BM Rondinone ◽  
F. Boccuni
Keyword(s):  
Technological Progress ◽  
Occupational Safety ◽  
Ethical Issues ◽  
Health And Safety ◽  
Integrated Approach ◽  
Sustainable Growth ◽  
Limited Information ◽  
Public And Private ◽  
The Public ◽  
New Jobs

The newly fledged nanotechnologies offer opportunities for social development, but uncertainties prevail about their impact on human and environmental health. There is still a huge gap between technological progress and research into the health and safety aspects of nanomaterials. This is clear from the quantity of nanoproducts already on the market — more than 600 — and the public and private funds dedicated to the development of nanotechnologies, which are almost a hundred times those available for research into their effects on health and safety. Estimates have it that by 2014, nanotechnologies will be widely used in our society and ten million new jobs will be created. Therefore, it becomes essential to plan an integrated approach to specific risk analysis at work. The following gaps and needs come to light: limited information, difficulties in relating nanotechnologies and production of nanomaterials to specific areas of application, efforts required to assess the hazards posed by nanomaterials in realistic exposure conditions, ethical issues about nanotechnology in the workplace likely to arise from today’s knowledge about the hazards of nanomaterials and the risks they may pose to workers. An integrated approach to research, cooperation, and communication strategies is essential if we are to direct our efforts toward responsible and sustainable growth of nanotechnologies.

scholarly journals MATHEMATICAL DYNAMIC MODEL FOR “GREEN FINANCE” SUSTAINABLE GROWTH

2021 ◽  
Vol 15 (1) ◽  
pp. 259-272
Author(s):  
Alina Steblyanskaya ◽  
Zhen Wang ◽  
Nailya Gabdrahmanova
Keyword(s):  
Dynamic Model ◽  
Sustainable Growth ◽  
Green Finance

scholarly journals Entrepreneurial Momentum for Sustainable Growth

2020 ◽  
Author(s):  
Ihor Katernyak ◽  
Viktoriya Loboda
Keyword(s):  
Economic Development ◽  
New Products ◽  
Sustainable Growth ◽  
Creative People ◽  
Public And Private ◽  
Environmental Challenges ◽  
Sustainable Future ◽  
The Future

Public and private sectors view entrepreneurship as a movement of active, creative people who exploit opportunities under uncertainty, create new products, jobs, contribute to economic development of region. Entrepreneurs with their ‘fresh’ vision and agility play an important role in creating the sustainable future for all by overcoming social and environmental challenges. Based on real cases, we illustrate the path travelled by entrepreneurs from identifying the problem and creating the platform for communication with stakeholders to building solution and scaleup. We demonstrate our ‘4A engine’ approach to maintain the momentum for startup consisting of 4 phases: Attention, Actualisation, Attraction, and Action. Even if the start is successful, statistics show that many startups fail between 18 and 24 months. Therefore, we ask startup founders about their practice and biggest surprise they came across, essential choices and important decisions they made. Readers who find this practice useful will reflect by writing a Letter from the Future.

Does green finance matter for sustainable entrepreneurship and environmental corporate social responsibility during COVID-19?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Sadiq ◽  
Sakkarin Nonthapot ◽  
Shafi Mohamad ◽  
Syed Ehsanullah ◽  
Nadeem Iqbal
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Southeast Asia ◽  
Environmental Sustainability ◽  
Sustainable Growth ◽  
Business Climate ◽  
Content Type ◽  
Green Finance ◽  
Level I ◽  
Corporate Social

PurposeThe discourse aimed to investigate green finance practices under the assumptions of several notable climate advisors and speculators in Asia and particularly in Southeast Asia. The study intrigues by considering financial specialists to vent government spending on green restoration plans leading toward green bankable venture openings for the public and private sector. This section distinguishes a few of the green fund components and approaches that can be joined by national and neighborhood governments, essentially in Southeast Asia, into their post-COVID-19 techniques, but are too valuable inputs for domestic commercial banks and private corporates.Design/methodology/approachIt can be defined as a functional type for Cobb Douglas development. ARDL technology is a way of calculating complex forces at the classification level at long-term and short-term stages. This ARDL approach has many advantages and can be implemented when incorporated in level I (0) and level I first (1) with the original variable. Still, it offers robust ability to the outcomes and standardizes the lag, considering the number and sample size used. Pooled mean group (PMG) method is becoming a convenient technique for monitoring data over the period and a good approach for energy impact panels – growth ties for creating links between energy emissions and environmental sustainability and businesses in the nation.FindingsThere is a positive partnership between creativity and a sustainable world. Corporations are recommended to uphold the principles of CSR in the development process by introducing environmentally friendly advanced technologies. The main objectives of corporate social responsibility (CSR) are economic growth, environmental sustainability and social justice. Several programs have been established to expand businesses' responsibilities to improve their confessions in sustainable growth. SMEs are a primary source of production of innovative products and technologies. The key concerns of stakeholders and politicians in the new competitive business climate are the protection of environmental sustainability and social responsibility, recognizing factors driving economic development for SMEs.Originality/valueDuring the COVID-19 era, the prime responsibility of pandemic confronting governments is to spend on help activities (that have been started in earlier phase) and recovery endeavors (yet to start in the situation). Therefore, the governments may devise policies to pool resources from commercial, private, public-private partnerships and other capital market sources. With rising hazard recognitions particularly emerging from at-threat income projections, governments ought to make the correct mechanisms and instruments that can perform this catalytic part of derisking and drawing in such capital. This too can be an opportunity for governments to enhance and execute such financial instruments that offer assistance, quicken their commitments to climate alter beneath the Paris Agreement and the sustainable development goals (SDGs), and thus “build back better” is being progressively voiced over the world.

scholarly journals Sustainable finance: the European Union’s approach to increasing sustainable investments and growth – opportunities and challenges

2019 ◽  
Vol 88 (2) ◽  
pp. 11-27 ◽  
Author(s):  
Duco Claringbould ◽  
Martin Koch ◽  
Philip Owen
Keyword(s):  
Action Plan ◽  
Theoretical Perspective ◽  
Sustainable Growth ◽  
Policy Goals ◽  
Green Finance ◽  
Political Implications ◽  
Sustainable Finance ◽  
Definition Of ◽  
Sustainable Investments ◽  
The Eu

Summary: The article provides an overview of the most important current EU initiatives contributing to sustainable finance. After an introduction on how the concept of sustainability entered the domain of European policy, the definition of sustainable finance from the EU perspective is discussed, as well as its relationship to the concept of green finance. After outlining the need for sustainable finance to achieve EU and international policy goals, the article provides a discussion of sustainable finance from a theoretical perspective, taking into account already existing perspectives from literature. A brief overview is given of what the EU could theoretically do to foster sustainable finance. The article then proceeds with an overview of the most important existing EU initiatives to foster sustainable finance: the Action Plan on financing sustainable growth adopted in March 2018, the EU Emissions Trading System and EU financial support contributing to sustainable finance. Finally, the article provides a discussion of the challenges and political implications of current sustainable finance policies for the EU, followed by conclusions.

Sign in / Sign up

Export Citation Format

Share Document