Index
International Trade, Economic Crisis and the Sustainable Development Goals
ISBN: 978-1-83753-587-3, eISBN: 978-1-83753-586-6
Publication date: 17 May 2024
This content is currently only available as a PDF
Citation
(2024), "Index", Chatterjee, T. (Ed.) International Trade, Economic Crisis and the Sustainable Development Goals, Emerald Publishing Limited, Leeds, pp. 337-345. https://doi.org/10.1108/978-1-83753-586-620241023
Publisher
:Emerald Publishing Limited
Copyright © 2024 Tonmoy Chatterjee. Published under exclusive licence by Emerald Publishing Limited
INDEX
Absolute income hypothesis
, 320
Adverse selection
, 76–77
Agrifood system
, 102–103
Asian Development Bank (ADB)
, 162
Association of South-East Nations (ASEAN)
, 260–263
Atal Jyoti Yojana (AJAY)
, 154
Atomic nuclei
, 88
Augmented Dicky Fuller test (ADF test)
, 305
Auto Regressive Distributed Lag model (ARDL model)
, 260
Autocorrelation function (ACF)
, 206
Autocorrelations (AC)
, 207
Availability-Based Tariff (ABT)
, 151
Banking crisis (BC)
, 51, 53
Banking sector
, 134
Bankruptcy of business
, 51
Banks
, 134
Benchmark analysis
, 56–58, 63
economic crises and poverty
, 56–63
Bio-based economy
, 100
Bioeconomy (see also Circular bioeconomy (CBE))
, 100
Bishnupur, factors contributing to
, 181
Brazil, Russia, India, China and South Africa (BRICS)
, 244, 300
Breakpoint test
, 309–310
Brecher-Alejandro Proposition
, 5–6
Bretton Woods institutions
, 280
Breusch-Pagan LM diagonal covariance matrix test
, 54
Business models and engaging private players
, 104–106
Capacity building among key stakeholders
, 106–107
Capital-labour ratio
, 10
Carbon emissions (CEs)
, 260–261
Carbon markets
, 109–110
Carbon pricing instruments (CPIs)
, 109–110
Casino Capitalism (1986)
, 82
Catch-up response
, 204–206
Central Electricity Regulatory Commission (CERC)
, 153–154
Circular bioeconomy (CBE)
, 100
business models and engaging private players
, 104–106
capacity building and skill development among key stakeholders
, 106–107
carbon markets
, 109–110
cross-cutting nature
, 101
gradual transition to
, 101
indicators for measuring development
, 110
promoting enabling environment for
, 108–109
resilience to pandemic through circularity
, 104
and RULs
, 101–103
Circular economy
, 100, 102, 180
food wastes in
, 180–181
framework
, 178–179
Clean cooking fuels
, 186–188, 191
impact on access to
, 196–197
Clean energy
, 93, 159, 187
impact of COVID-19 pandemic
, 196–199
India’s drive to provide affordable, reliable and modern energy services
, 187–192
Climate change
, 232
CO2 equivalent (CO2 eq)
, 102
Coal
, 187
Coefficient of variation (CV)
, 124
Combustible renewable and waste (CRW)
, 260–261
Common Market for Eastern and South Africa (COMESA)
, 261, 263
Commonwealth of Independent States (CIS)
, 261
Community-based organisations (CBOs)
, 104–105
Competitive zero profit condition
, 8
Composite Sex Ratio Index
, 28–29
Composition Effect
, 259
Concurrent crisis
, 63
Conference of Parties (COP)
, 272
Conflicts
, 218
Consumer price index (CPI)
, 54
Consumption-based CO2 emission (CBE)
, 260–261
β-convergence
, 27
σ-convergence
, 27
Cooperation
, 220
Cooperative approach
, 221
Correlation analysis
, 253–254
Correlogram
, 206
COVID-19
, 162–163, 168
deficient demand
, 155
pandemic
, 178, 232
power generation during
, 155
power sector
, 154–155
snapshot
, 163–164
as threat to progress towards SDGs across world
, 168–170
vaccination
, 328
Crisis
, 38, 50, 77–78, 302–303
benchmark analysis
, 56–63
data description
, 52–53
empirical methodology
, 53–54
results
, 54–56
robustness check
, 63–71
Crony capitalism
, 82
Currency crisis (CC)
, 53
Debt crisis (DC)
, 53
Debt-deflation theory (Fisher)
, 76–77
Deen Dayal Upadhyaya gram Jyoti Yojana (DDUGJY)
, 153, 186–187
Deficiencies in governance systems
, 225
Deglobalisation
, 277–279, 286
effect
, 288–290
process
, 287–288
Deprivations
, 225
Developing Countries (DC)
, 29
Developing economies
, 27, 300–301
Developing nations
, 300
brief review of existing literature
, 303–304
data and methodology
, 304–307
results
, 307–310
Difference-in-difference (DID)
, 163
analysis of differential impact of COVID-19 on progress of SDGs
, 171–172
result
, 172
Distribution Companies (DISCOMs)
, 153–154
Domestic capital
, 7, 14
Durbin-Watson value
, 307–308
Durbin-Wu-Hausman endogeneity test
, 54
East Asia and Pacific (EAP)
, 120–121
East Asian financial crisis
, 303–304
East-West comparative analysis
, 27
Econometric equation
, 333
Economic Commission for Africa (ECA)
, 223
Economic crisis (see also Financial crisis)
, 38, 50, 76, 187
data and methodology
, 39–41
results
, 41–43
Economic deglobalisation trend
, 281–284
Economic development
, 3–4, 316–317
Economic disparity
, 320
Economic globalisation
, 278
Economic growth (EG)
, 221, 258
Economic liberalisation
, 3–4
Economic openness (EO)
, 244
Economic recessions
, 39
Economic stresses
, 225
Economic turbulence
, 104
Economy
, 232
Education
, 316–317
Effects of recessions
, 300
Electricity
, 187–188
Electricity Act (EA)
, 151
Employment
, 178–179
Energy
, 88
Energy diversity
, 88
Energy Efficiency Financing Platform (EEFP)
, 152–153
Energy exporters
, 88
Energy importers
, 88
Energy-from-waste (EFW)
, 153–154
Environmental Kuznets Curve hypothesis (EKC hypothesis)
, 258
conceptual building of study
, 262–266
data
, 261–262
methodology
, 261
model description
, 264–266
results
, 266–272
review of literature and objectives of study
, 259–261
Environmental Pollution Index
, 260
Environmental protection
, 258
Environmental Protection Amendment Rules (EPAR)
, 154
Environmental stresses
, 225
Environmental sustainability
, 259
Eora Global Supply Chain Database
, 332
Equilibrium value
, 10
Euphoria
, 78
Europe and Central Asia (ECA)
, 120–121
Export
, 244–245
Export Processing Zone
, 5–6
External debt
, 223
External debt service
, 223
Externality
, 7
Factor analysis
, 64, 68, 71
Financial crisis
, 50–51, 135, 302
from economic perspectives
, 76–81
viewed from the perspectives of international political economy
, 81–82
Financial fragility
, 79
Financial instability
, 76
from economic perspectives
, 76–81
hypothesis
, 79
Financial stability
, 76
Financial sustainability
, 76–77
First generation crisis models
, 77–79
Fiscal deficits
, 78
Fixed-Effects Model (FE)
, 322
Food prices
, 51
Food wastes
, 181–182
in circular economy
, 180–181
Foreign capital
, 3–4
inflow
, 6, 11, 14
Foreign currency reserve (FCR)
, 244
Foreign direct investment (FDI)
, 4, 246, 260–261, 322
Framework for Energy Economics Development (FEEED)
, 152–153
G7 nations
, 244
Garden and agricultural wastes
, 90
Gender disparity
, 26
Gender equality
, 27
Gender gap
, 26
index
, 28
theoretical model of
, 31–34
Gender hiatus
data and methodology
, 28–30
empirical analysis
, 30–31
literature review
, 27
research questions and objectives
, 28
theoretical model of gender gap
, 31–34
Gender parity gap
, 29
General Agreement on Customs Tariffs (GATT)
, 280
General equilibrium modelling
, 4–5, 27
Generation crisis models
, 77–78
Generation mix
, 157
Global supply chain
, 277–278, 284–285, 287
fragmentation
, 286
Global value chains (GVCs)
, 329–330
Globalisation
, 3–4, 27, 204, 277–278, 280, 287, 300, 321
Globalised world
, 302
Goldfeld-Quandt test
, 307–308
Governance
, 218
Government expenditure (GovtExp)
, 50
benchmark analysis
, 56–63
data description
, 52–53
empirical methodology
, 53–54
results
, 54–56
robustness check
, 63–71
Government spending
, 50
Government stability
, 56
Granger Causality tests
, 206, 212–213, 317–318
Great Depression
, 38, 76–77
Great Recession
, 76–77, 300–301
Green economy
, 100
Green methods
, 179
Greenhouse gas emissions (GHG emissions)
, 102, 150, 187, 236, 270–271
Gross domestic product (GDP)
, 26, 38, 50, 76–77, 140, 162, 204, 206, 244, 258, 303–304, 331–332
Growth
, 122
Growth of economic cost of violence (GECV)
, 126–127
Growth of economic cost of violence as a percentage of GDP (GECV_GDP)
, 126–127
Growth of economic impact of violence (GEIV)
, 126–127
Growth of per-capita impact of violence (GPIV)
, 126–127
Gulf Cooperation Council (GCC)
, 218–219
Happiness
, 38
Hazardous waste
, 90
Headcount ratio
, 50
Health
, 38, 316–317, 320
Health crisis
, 286
Hedge finance
, 79
Heteroscedasticity test
, 307
High Income group (HI group)
, 120–121
High level wastes
, 91
Horn of Africa
, 218
conceptual framework
, 220–221
drivers of conflicts
, 225–226
empirical evidence
, 221–223
methodology
, 220
objective of study
, 219–220
problem statement
, 218–219
House-based solid waste
, 90
Human capital
, 204, 206, 316–317
data analysis
, 206–213
literature review
, 204–206
methodology and data source
, 206
objectives
, 206
Human development
, 221–222, 259
Human development index (HDI)
, 204, 206, 222
Human security
, 223
Impact
, 38
Import
, 244–245
Income disparity
, 320–321
Income inequality
, 318–319
Indian economy
, 140, 199
Indian Electricity Act 2003
, 153–154
Indian power sector, deficient demand of
, 155
Industrial waste
, 90
Inflation (INF)
, 305
Inflation crisis (IC)
, 51, 53
Information, education and communication (IEC)
, 106
Information and communications technology (ICT)
, 330
Instability
, 76
Institute for Economics and Peace (IEP)
, 120
Integrated Power Development Scheme
, 186–187
Intergovernmental organisations (IGOs)
, 220
Internally displaced peoples (IDPs)
, 223
International Country Risk Guide (ICRG)
, 52
International Labour Conference (ILC)
, 204
International Labour Organization (ILO)
, 38
International Monetary Fund (IMF)
, 162, 254
International Political Economy (IPE)
, 81–82
International relations (IRs)
, 220–221
Internet protocol (IP)
, 330
Interrupted time series analysis (ITSA)
, 39–40
Kaiser-Meyer-Olkin sampling adequacy test
, 64–68
Kwiatkowski-Phillips-Schmidt-Shin test (KPSS test)
, 206
Labour force participation
, 26
Lancet Regional Health–Europe (LRHE)
, 238
Latin America and Caribbean (LAC)
, 120–121
Least Developed Countries (LDC)
, 29
Least-squares dummy variable (LSDV)
, 317–318
Liberal institutionalists
, 221
Liberalisation
, 300
Liberalisation, Privatisation, Globalisation model (LPG model)
, 300–301
Life satisfaction
, 38
Logistics Performance Index (LPI)
, 332–333
Loopholes
, 152
Low level wastes
, 91
Low-and middle-income countries (LMICs)
, 110
Low-income countries (LICs)
, 168
Lower Income group (LI group)
, 120–121
Lower Middle Income group (LMI group)
, 120–121
Macroeconomic shocks
, 51
Mad Money (1998)
, 82
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
, 186–187
Marginal Propensity to Export (MPX)
, 305–307
Marginal Propensity to Import (MPI)
, 305–307
Market Transformation for Energy Efficiency (MTEE)
, 152–153
Marshall Plan
, 280
Maximum Likelihood (MLE)
, 322
Mean
, 248–249
difference test results
, 250–253
Meddling of external powers in internal affairs in Horn of Africa
, 225–226
Medical wastes
, 90
Medium level wastes
, 91
Mexico, Indonesia, the Republic of Korea, Turkey and Australia (MIKTA)
, 259–260
Micro, small and medium enterprise (MSME)
, 141–142
Middle East and North Africa (MENA)
, 120–121
Money supply (MS)
, 303–304
Multicollinearity
, 30–31
Multiple-group ITSA regression model
, 41
National Action Plan on Climate Change (NAPCC)
, 152–153
National Electrification Policy (NEP)
, 151
National protectionism policy
, 278–279
history
, 279–280
in North America
, 280–281
National tariff policy
, 151
Nationalism
, 279–280
Net Foreign Direct Investment (NFDI)
, 305
New International Financial Architecture (NIFA)
, 82
Non-governmental organisations (NGOs)
, 104–105
Non-performing asset (NPA)
, 134
Indian scenario on
, 134–135
literature review
, 136–140
objectives and research methodology
, 140–141
result analysis
, 141–144
North America (NA)
, 120–121
North American Free Trade Area (NAFTA)
, 261
Nuclear energy
, 88
evaluation regarding radioactive waste management
, 91–92
importance of radioactive waste management
, 89–91
investments
, 89
Nuclear power plants
, 88
Nuclear technologies
, 88
One Grid One Nation
, 186–187
Open economy fourth-generation model approach on crises
, 81
Openness
, 318
Ordinary least squares (OLS)
, 54, 305, 317–318
Organization of Economic Cooperation and Development (OECD)
, 259–260, 329–330
Pandemic
, 178
Panel data
, 259, 317–318
Partial autocorrelations (PAC)
, 207
Partial investment liberalisation policy
, 11
Peace
, 120, 219, 237
Peace index score (PIS)
, 122–123
average of peace ranking differences
, 121
data and methods
, 122
results
, 122–131
Peace rank
, 122–123
Pearson’s product moment correlation coefficient
, 248
Per capita GDP (PCGDP)
, 333
Perform, Achieve and Trade (PAT)
, 152–153
Photovoltaic (PV)
, 153–154
Pollution
, 258
Pollution Haven Hypothesis (PHH)
, 259–260
Polychoric correlation matrix
, 68
Ponzi finance
, 79
Population Average (PA)
, 322
Post-COVID-19 pandemic
, 150
Poverty
, 51, 225
aggravation
, 50
benchmark analysis
, 56–63
data description
, 52–53
empirical methodology
, 53–54
results
, 54–56
robustness check
, 63–71
Poverty headcount ratio (PHR)
, 52, 54
effect of crises on
, 59, 62, 65, 67, 69–70
Power Asset Revival through Warehousing and Rehabilitation (PARIWARTAN)
, 152
Power generation
during COVID-19 pandemic
, 155
through renewable sources during COVID-19 pandemic
, 156
Power purchase agreements (PPAs)
, 151
Power sector, impact of COVID-19 on
, 154–155
Pradhan Mantri Garib Kalyan Yojana (PM-GKY)
, 196–197
Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan Scheme (PM KUSUM Scheme)
, 154, 191–192
Pradhan Mantri Ujjwala Yojana (PMUY)
, 186–187
Preferential Trade Area (PTA)
, 263
Production chains
, 287
Protectionism
, 278–280
Protectionist policies
, 278
Psychological well-being
, 38
Public finance
, 106
Public transfers
, 51
Public–private partnerships (PPPs)
, 105
Radiation
, 90–91
Radioactive waste
, 89
evaluation regarding radioactive waste management
, 91–92
importance of radioactive waste management
, 89–91
Random-Effects Model (RE)
, 322
Range Equalisation Method
, 28–29
Rate of interest (ROI)
, 302–303
Rate of youth unemployment (YUR)
, 207
Realists
, 220–221
Reform policies
, 151–152, 154, 157
challenges
, 157
impact of COVID-19 on power sector
, 154–155
deficient demand of Indian power sector
, 155
Electricity Act
, 151
generation mix
, 157
Loopholes
, 152
power generation during COVID-19 pandemic
, 155
power generation through renewable sources during COVID-19 pandemic
, 156
shortcomings
, 154
Regional Comprehensive Economic Partnership (RCEP)
, 260–261
Regional variation
, 122
Relationships
, 38
Relative income hypothesis
, 320
Renewable electricity certificates (RECs)
, 153–154
Renewable energy
, 186
sector with special focus on solar power and wind power
, 197–199
in total energy mix
, 191–192
Renewable purchase obligations (RPOs)
, 153–154
Research and Development (R&D)
, 271
Reserve Bank of India (RBI)
, 134–135
Resilience
, 179
food wastes in circular economy
, 180–181
literature reviews
, 179–180
methodology
, 180
to pandemic through circularity
, 104
reuse of food
, 181–182
Resource-based conflict
, 226
Revulsion
, 79
Robustness check
, 63–71
factor analysis
, 64–71
sensitivity analysis
, 64
Rural electrification Policy (2006)
, 152
Rural–urban linkages (RULs)
, 101
CBE and
, 101–103
SAARC Disaster Management Centre (SDMC)
, 263
SAARC Energy Centre (SEC)
, 263
Saubhagya Scheme
, 153
Scale Effect
, 259
Scheme of Asset Management and Debt Change Structure (SAMADHAN)
, 152
Science, technology, engineering and management (STEM)
, 107
Second-generation crises models
, 79
Self-sustainable community approach
, 179
Sensitivity analysis
, 64
Simultaneous equations method (SEM)
, 53
Skill development among key stakeholders
, 106–107
Skilled labour
, 9
Small Island Developing States (SIDS)
, 168
Small open economy
, 4–5
literature review
, 5–6
mechanism and results
, 15–16
model
, 7–11
Social stresses
, 225
Social welfare function
, 12
Solar energy
, 191–192
Solar Energy Corporation of India (SECI)
, 159–160
Soubhagya Scheme
, 186–187
South Asia (SA)
, 120–121
South Asian Association for Regional Cooperation (SAARC)
, 260–261, 263
South Asian Free Trade Area (SAFTA)
, 263
Special trash
, 90
Speculative finance
, 79
Stability
, 76
Standard deviation (SD)
, 248–249
State Electricity Boards (SEBs)
, 151
State Electricity Regulatory Commission (SERCs)
, 151
Stock market crash (SC)
, 53
Structural Adjustment Programmes (SAPs)
, 300–301
Structural breaks
, 303
Sub-Saharan Africa (SSA)
, 120–121
Subjective well-being
, 38
data and methodology
, 39–41
results
, 41–43
Suicide rates
, 38–39
Sulphur dioxide (SO2)
, 259–260
Sustainability
, 178
data and methodology
, 332–333
results
, 333–334
vaccine GVCs
, 330–332
Sustainability analysis of FCR
, 254
Sustainable development
, 134, 178, 232
data and methodology
, 28–30
empirical analysis
, 30–31
literature review
, 27
model
, 322–325
research questions and objectives
, 28
review of literature
, 318–321
theoretical background
, 321
theoretical model of gender gap
, 31–34
variables, data and methodology
, 321–322
Sustainable Development Goal 7 (SDG7)
, 150, 186
policy alternatives
, 159–160
reform policies
, 151–157
Sustainable Development Goal-3 (SDG-3)
, 38
Sustainable Development Goals (SDGs)
, 101, 162–163, 168, 206, 260–261, 328
regional difference in achieving targets
, 170–171
snapshot
, 164–168
Sustainable growth
, 258
Technique Effect
, 259
Technology transfer
, 14
Third-generation models
, 80–81
Three-stage least squares method (3SLS method)
, 53
Trade
, 232, 244, 278, 307, 328
Trade Balance (TB)
, 305, 310
Trade blocs
, 262–264
Trade openness
, 244
data descriptions and source
, 247
literature review
, 245–247
methodology
, 247–249
objectives
, 247
results
, 249–254
Trade protectionism
, 283
Treatment group (TG)
, 172
Ujwal DISCOM Assurance Yojana scheme (UDAY scheme)
, 153, 186–187
Ukraine–Russia War
, 232
impacts of WIU on sustainability and global sustainable development
, 232–237
recommendations for supporting sustainability and global sustainable development
, 237–238
Union territories (UTs)
, 189
United Nations (UN)
, 280
United Nations Children’s Fund (UNICEF)
, 26, 329
United Nations Climate Change Framework Convention (UNFCCC)
, 272
United Nations Conference on Trade and Development (UNCTAD)
, 164–167
United Nations Development Programme (UNDP)
, 172
United States–Mexico–Canada Agreement (USMCA)
, 264
Unnat Jyoti by Affordable LED for All Scheme (UJALA Scheme)
, 187–188
Unskilled labour
, 7
Upper Middle Income group (UMI group)
, 120–121
Uranium
, 88
Urban Population (UrbanPop)
, 52
Urbanisation
, 64, 270–271
Vaccine equity
, 329
Vaccine GVCs
, 330–332
Value chain
, 284–285
Value of import duties (VID)
, 244–245
Value of imports (VI)
, 244–245
Vector autoregressive model (VAR model)
, 206–207, 210
Violence
, 120
War
, 232
War in Ukraine (WIU)
, 232
economic aspects
, 233–235
environmental aspects
, 236–237
impacts of WIU on sustainability and global sustainable development
, 232–237
social aspects
, 235–236
Waste management
, 102, 105
‘Waste-to-wealth’ approach
, 182
Wastes
, 89, 179
Welfare
, 5
Work
, 38
World Bank analysis
, 162
World Development Indicators (WDI)
, 52
World Health Organization (WHO)
, 38, 104, 162
World Input-Output Database (WIOD)
, 332
World Input-Output Tables (WIOT)
, 332
Youth
, 204
unemployment
, 204
- Prelims
- Section I Economic Implications of Crisis on Sustainable Development
- Chapter 1 Economic Crisis and Challenge to Sustainable Development Goals: The Case of a Small Open Economy
- Chapter 2 Sustainable Development and Gender Hiatus: A Theoretical-Cum-Empirical Inquest Into India's Condition Vis-à-Vis Developing and Less-Developed Countries
- Chapter 3 Economic Crisis of 2008–09 and Subjective Well-Being: An Empirical Analysis of Some Selected Countries
- Chapter 4 Poverty, Crisis and Government Expenditure: An Empirical Analysis
- Chapter 5 Financial Crises and Instability Viewed From Economic and International Political Economy Perspectives
- Chapter 6 Effective Radioactive Waste Management Strategies in Nuclear Energy Investments for Environmental Sustainability
- Chapter 7 Circular Bioeconomy: A Pathway to Sustainable Development in an Age of Global Crisis
- Chapter 8 Progress of Peace Score and Its Association With the Peace-Constructing Variables: An Analysis in Terms of Regional and Income Class Specification
- Chapter 9 Mismanagement of Non-Performing Assets is a Hindrance Towards Sustainable Development: A Critical Study With Reference to Indian Economy
- Section II Recent Development Owing to Pandemic Crisis on Sustainable Development
- Chapter 10 Achieving Targets of SDG 7 in Post-COVID-19: Critical Review of Recent Indian Energy Policies
- Chapter 11 Impact of COVID-19 on the Progress of Sustainable Development: Empirical Evidence From Selected Countries in the World
- Chapter 12 Resilience of Sustainable Development in Pandemic: An Analysis in the Context of Circular Economy
- Chapter 13 COVID-19 Crisis and India's Drive to Clean Energy Use for Sustainable Development
- Chapter 14 A Lost Generation Crisis: Does Human Capital Matter?
- Section III Issues Related to International Trade, Crisis and Sustainability
- Chapter 15 Geopolitical Rivalry Among External Powers, Governance Deficiencies and Conflicts in the Horn of Africa: Implications for Cooperation for Durable Peace and Sustainable Development
- Chapter 16 Impacts of the War in Ukraine on Global Sustainable Development and Trade
- Chapter 17 Associations of Trade Openness With Growth and Foreign Currency Reserve: A New Insight for the BRICS Nations
- Chapter 18 Revisiting Sustainable Growth Across Trade Blocs Through the Lens of Environmental Kuznets Curve Hypothesis
- Chapter 19 Global Supply, Production and Value Chains
- Chapter 20 Impact of Economic Crises on Economic Development of Developing Nations in a Globalised World
- Chapter 21 Income Inequality, Economic Crisis and International Trade: Theory and Evidence From the Perspective of Sustainable Development
- Chapter 22 Global Value Chains and Vaccine Equity: An Empirical Quest From the Perspective of Sustainability
- Index