Economic Growth and Climate Change: An Exploratory Country-Level Analytics Study

2020 ◽  
pp. 398-415
Author(s):  
Wullianallur Raghupathi ◽  
Viju Raghupathi
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Decision Making ◽  
Policy Decision ◽  
Country Level ◽  
The World Bank ◽  
The World ◽  
Development Plans ◽  
Policy Decision Making ◽  
Global Economic Growth

In this article, the authors use analytics to explore the association between economic growth and climate change at a country-level. They examine different indicators to better understand the macro issues and guide policy decision-making. The authors analyze global economic growth and climate change using the World Bank data of 131 countries and 16 indicators for the period 2005 to 2010. The analysis shows overall economic growth is positively associated with climate change. This implies country leaders should design and implement structured development plans if they are to promote economic growth to alleviate poverty while simultaneously mitigating climate change.

Economic Growth and Climate Change

2020 ◽  
pp. 906-924
Author(s):  
Wullianallur Raghupathi ◽  
Viju Raghupathi
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Decision Making ◽  
Policy Decision ◽  
Country Level ◽  
The World Bank ◽  
The World ◽  
Development Plans ◽  
Policy Decision Making ◽  
Global Economic Growth

In this article, the authors use analytics to explore the association between economic growth and climate change at a country-level. They examine different indicators to better understand the macro issues and guide policy decision-making. The authors analyze global economic growth and climate change using the World Bank data of 131 countries and 16 indicators for the period 2005 to 2010. The analysis shows overall economic growth is positively associated with climate change. This implies country leaders should design and implement structured development plans if they are to promote economic growth to alleviate poverty while simultaneously mitigating climate change.

Economic Growth and Climate Change: An Exploratory Country-Level Analytics Study

2017 ◽  
Vol 8 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Wullianallur Raghupathi ◽  
Viju Raghupathi
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
World Bank ◽  
Policy Decision ◽  
Country Level ◽  
The World Bank ◽  
The World ◽  
Development Plans ◽  
Policy Decision Making ◽  
Global Economic Growth

In this article, the authors use analytics to explore the association between economic growth and climate change at a country-level. They examine different indicators to better understand the macro issues and guide policy decision-making. The authors analyze global economic growth and climate change using the World Bank data of 131 countries and 16 indicators for the period 2005 to 2010. The analysis shows overall economic growth is positively associated with climate change. This implies country leaders should design and implement structured development plans if they are to promote economic growth to alleviate poverty while simultaneously mitigating climate change.

scholarly journals Uncertain Policy Decisions During the Covid-19 Pandemic

2021 ◽  
Vol 14 (1) ◽  
Author(s):  
Malvina Ongaro
Keyword(s):  
Decision Making ◽  
Knowledge Production ◽  
Policy Decision ◽  
Decision Problems ◽  
Collective Decision Making ◽  
Bayesian Decision ◽  
The World ◽  
The Face ◽  
Policy Decision Making ◽  
Severe Uncertainty

The Covid-19 pandemic has shaken the world. It has presented us with a series of new challenges, but the policy response may be difficult due to the severe uncertainty of our circumstances. While pressure to take timely action may push towards less inclusive decision procedures, in this paper I argue that precisely our current uncertainty provides reasons to include stakeholders in collective decision-making. Decision-making during the pandemic faces uncertainty that goes beyond the standard, probabilistic one of Bayesian decision theory. Agents may be uncertain not just about factual properties of the world, but also about how to model their decision problems and about the values of the possible consequences of their options. As different stakeholders may have irreconcilable disagreement about how to resolve these uncertainties, decision-making procedures should take everybody’s perspectives into account. Moreover, those communities that are hit harder by the pandemic are also those that are typically excluded from knowledge production. Thus, in the face of Covid-19 uncertainty, both democratic and epistemic considerations highlight the importance of stakeholders’ inclusion in policy decision-making.

scholarly journals Does the “Belt and Road Initiative” Promote the Economic Growth of Participating Countries?

2019 ◽  
Vol 11 (19) ◽  
pp. 5240 ◽  
Author(s):  
Sun ◽  
Zhang ◽  
Xu ◽  
Yang ◽  
Wang
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Statistical Data ◽  
Policy Recommendations ◽  
The World Bank ◽  
The World ◽  
Belt And Road ◽  
Per Capita ◽  
Global Economic Growth ◽  
The Belt And Road

With the slowdown of global economic growth, how to stimulate economic growth has become a hot topic in recent years. The “Belt and Road (B&R) Initiative,” as a newly proposed global economic stimulus plan, has attracted widespread attention from scholars. In this study, the research used the propensity score matching difference in difference (PSM-DID) method to evaluate whether the “B&R” Initiative has promoted the economic growth of the countries along the route. Objectively assessing the effect of its implementation is not only important for its completion and improvement in the future but also to verify whether the “B&R” Initiative promotes economic growth in participating countries. A logistic regression is constructed using the statistical data obtained by the World Bank on 110 countries from 2011 to 2016. The results show that the “B&R” Initiative has effectively promoted the rapid growth of the GDP of participating countries but the improvement of per capita GDP growth is not significant. Through the analysis of the selected variables, corresponding policy recommendations are proposed. Moreover, objective proofs are provided to encourage all the countries in the world to participate in the “B&R” Initiative.

US Congress’s foreign policy role to grow under Biden

2021 ◽  
Keyword(s):  
Climate Change ◽  
Decision Making ◽  
Foreign Policy ◽  
National Security ◽  
Policy Decision ◽  
Security Threats ◽  
Content Type ◽  
Democratic Control ◽  
Policy Decision Making

Significance Before the inauguration, Congress will focus on confirming Biden’s nominees to key foreign policy and national security posts. Confirming Biden’s picks is now easier since the Senate will soon switch to Democratic control. Impacts Biden will involve Congress more than Trump did in foreign policy decision-making. Achieving consensus in foreign policy will not be easy, for instance regarding re-entering the JCPOA with Iran. Biden will increase the attention paid to non-traditional security threats in foreign policy, including climate change. Unpicking last-minute Trump foreign policy moves will be rapid in some cases, slow in others.

scholarly journals Towards a reflective and multiscale optimism

2019 ◽  
Vol 9 (1) ◽  
pp. v-vi
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
World Bank ◽  
Atmospheric Conditions ◽  
Intergovernmental Panel ◽  
The World ◽  
The Future ◽  
Human Capacity ◽  
Global Economic Growth

In any region of the world, in any country, each beginning of the year offers us a scenario for potential changes, purposes, goals and hopes, and 2019 does not have to be the exception. Despite various forecasts of slower global economic growth in the coming year (World Bank, Forbes, Reuters), and despite the latest reports from the UN Intergovernmental Panel on Climate Change (IPCC) on stressful atmospheric conditions, among other environmental discomforts around the planet, we cannot limit our human capacity to see the future with courage and optimism.

scholarly journals Standards for evidence in policy decision-making

2020 ◽  
Author(s):  
Kai Ruggeri ◽  
Sander van der Linden ◽  
Claire Wang ◽  
Francesca Papa ◽  
Johann Riesch ◽  
...  
Keyword(s):  
Decision Making ◽  
Scientific Evidence ◽  
Critical Time ◽  
Policy Decision ◽  
Well Being ◽  
Final Version ◽  
The World ◽  
Science Policy Interface ◽  
Policy Decision Making ◽  
Policy Solutions

Benefits from applying scientific evidence to policy have long been recognized by experts on both ends of the science-policy interface. The COVID-19 pandemic declared in March 2020 urgently demands robust inputs for policymaking, whether biomedical, behavioral, epidemiological, or logistical. Unfortunately, this need arises at a time of growing misinformation and poorly vetted facts repeated by influential sources, meaning there has never been a more critical time to implement standards for evidence. In this piece, we present a framework to limit risks while also providing a reasonable pathway for applying breakthroughs in treatments and policy solutions, stemming the harm already impacting the well-being of populations around the world. Final version here: go.nature.com/2zdTQIs

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