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Green Finance and Sustainable Development in Pakistan: A Thematic-Synthesis
In: Journal of Asian development studies, Band 13, Heft 2, S. 282-291
ISSN: 2304-375X
Promoting sustainable efforts and initiatives that support the environment is essential, as it meets the Sustainable Development Goals (SDGs) set forth by the United Nations. In order to achieve sustainable development in Pakistan, green financing plays an essential role, managing environmental hazards well and looking for possibilities that minimize adverse effects on the environment and society while yet yielding a respectable rate of return. The green finance for sustainable development is an emerging concept in Pakistan. We conducted a thematic synthesis of published research studies discovered in the literature. The goal of this study is to gain a knowledge of the elements related to green financing and sustainable development in Pakistan. We identified key themes like "National Green Finance Strategy" "Green Guidelines of State Bank of Pakistan" Green Financial Instruments (GFIs), "Green Banking Strategy (GBS)" which are important tools for green finance and sustainable development.
Surveying sources of economic growth: empirical evidence from Malaysia
In: Problems & perspectives in management, Band 15, Heft 4, S. 114-123
ISSN: 1810-5467
The main objective of this study is to evaluate the effect of various economic and social factors namely (foreign direct investment (FDI), energy consumption, exports, tourism, foreign remittances, human capital represented by educational expenditure and health expenditure) on economic growth represented by GDP per capita in Malaysia. Annual time series data during the period 1995–2015 and the Cobb-Douglas production function with Ordinary Least Squares (OLS) based on various analytical tests are used for empirical investigation. The empirical results confirm that incoming foreign direct investment, human capital, energy consumption, and tourism are the main sources of economic growth in Malaysia during the period under study. Findings of the study suggest to initiate a motivational promotion for the inhabitant towards utilization of high competence technology, constructing solid policy for export promotion, creating conducive environment for inward foreign investment, introducing effective educational and health policies for further enhancement of the pace of economic growth.