Offshoring the scarring causes and effects of environmental challenges faced by the advanced world: an empirical evidence.

In contemplating the prospects of advanced world countries, researchers stand divided among two groups: one group crying "melting of glaciers" and the group denying global warming as a significant concern while reaping the fruits of growth. One persistent concern for the other group is much desirable economic growth at the cost of environmental degradation, which is now reaching a scale where the global climate is become not only unsustainable but also causing a significant threat to our existence. In our opinion, environmental degradation should be taken very seriously now, particularly by pointing out the necessary variables causing it so that effective policy designs are formulated. The present study also gives a brief overview of the environmental repercussions with references to technology-led growth in developed countries. We have incorporated the direct composition effect captured by the capital-labor ratio (K/L), indicating that advanced countries use environmentally friendly technology for production processes. We propose that the most vulnerable impact of economic activities on environmental degradation (measured through carbon dioxide emissions) are urbanization, trade, and energy use. The latter is probably more policy-oriented, is undoubtedly more easily measured, and could be deeply analyzed for policy formulation. Whereas, in the urban areas, emissions of carbon dioxide particulate with an increase in population and development and serve as a significant concern for global environmental sustainability.

Mediating the performance of social organizations in context of social and organizational innovations in China.

Social and organizational innovations are one of the most effective ways to gain social collaboration for effective, rapid, and coordinated interventions. An analysis of the relationship among organizational performance (OP), social innovations (SI) and organizational innovation (OI) in social organizations (SOs) is little discussed in the literature and much less with main component analysis. This paper is an effort to provide some empirical evidences about social and organizational innovations that social organizations in China have implemented to address the social issues of the society. A survey of Chinese SO's is conducted during beginning two months of 2022 in provinces of Jiangsu, Guangdong and Zhejiang to attain the statistics and assessing the insights of the executives of the SOs participating in this study with respect to organizational performance, social and organizational innovations. The technique used to select the sample is a non-probabilistic sampling and multiple linear regression model is applied to determine the partial impact of organizational innovations and social innovations on the organizational performance. The grouping of the variables is carried out through main components analysis. The empirical findings of the study highlight that Chinese SOs are innovative because they adopt management strategies to address the social issues associated with their institutional mission. There are four groups of derived components from organizational and social innovations based on the empirical evidence: SO's innovative activities to modify the environment; inside innovative measures to enhance SO's performance; innovative activities of SO's to enhance their relationships with outside actors; innovative measures to improve the management of SOs related to their mission and institutional projects. The findings of this study offer an efficient solution to government and policy makers for involving SOs in terms of planning of social development in China. The social and organizational innovations are very necessary to overcome the social issues so government should encourage the establishment and sustainability of social organizations.

Can financial globalization and good governance help turning emerging economies carbon neutral? Evidence from members of the BRICS-T.

Since turning carbon neutral is regarded as a major macroeconomic agenda worldwide, this study examines whether financial globalization and good governance can help Brazil, Russia, India, China, South Africa, and Turkey in achieving carbon neutrality. Considering the period of analysis from 2000 to 2020 and utilizing robust econometric methods, it is observed that the environmental consequences vary across different components of financial globalization. In particular, the results validate the pollution haven hypothesis by confirming the carbon emission-boosting effect of de facto financial globalization indicators. In contrast, the pollution halo effect hypothesis is verified by the finding of the carbon emission-abating effect of de jure financial globalization indicators. Besides, promoting good governance is evidenced to impose carbon emission-mitigating impact in the long-run. The findings also authenticate the existence of the Environmental Kuznets Curve (EKC) hypothesis for the emerging countries of concern. Finally, for both the short and long runs, it is found that the non-renewable to renewable energy transition contributes to lower discharges of carbon dioxide, while urbanization results in the amplification of the carbon emission figures. Considering these critically important findings, it is necessary for these countries to impose restrictions on the influx of unclean foreign direct investment, facilitate and ease the investment process for foreign investors for investing in environment-friendly projects, promote good governance, and adopt green economic growth and sustainable urbanization policies by developing their respective renewable energy sectors.

An analysis of the environmental impacts of ethnic diversity, financial development, economic growth, urbanization, and energy consumption: fresh evidence from less-developed countries.

Improving the quality of environmental indicators has become a global concern that necessitates the identification of possible channels through which environmental welfare can be enhanced worldwide. Against this backdrop, this current study aims to elucidate the environmental effects of ethnic diversity, controlling for financial development, urbanization, economic growth, and energy consumption in the context of 51 less-developed countries during the period from 1996 to 2016. For measuring the environmental impacts, we use both the ecological footprint and carbon dioxide emission figures of these countries. Overall, the cointegration analysis confirms the existence of long-run relationships among the study variables. Besides, the regression analysis reveals that ethnic diversity deteriorates environmental quality by surging the ecological footprint and carbon dioxide emission levels of the selected nations. Similarly, financial development and energy consumption are found to impose identical adversities on the environment while urbanization is evidenced to ensure environmental welfare. Lastly, for both the environmental indicators considered in this study, the environmental Kuznets curve hypothesis is verified from the findings. Hence, considering these key outcomes, a set of relevant environmental welfare-related policy interventions are recommended in the context of less-developed countries.