Effectiveness of Korean Official Development Assistance

Choi

et al. 2020

Environ Sci Pollut Res

The purpose of this study is to investigate the relationship between official development assistance (ODA) on CO2 emissions based on both direct and indirect frameworks, using the annual panel data of 30 recipient countries of Korea from 1993 to 2017. It employs a modified impact, population, affluence, and technology (IPAT) model and a simultaneous equation framework for the direct model and indirect model, respectively. The empirical results suggest that ODA has both a direct and an indirect mitigation impact in the recipient countries. Compared to the direct impact, a small indirect mitigation impact of ODA on CO2 emissions is derived. However, the estimation results of the environmental Kuznets curve (EKC) equation imply that economic growth has the potential of mitigating the environmental degradation when the economic development in recipient countries of Korea reaches a certain level. Therefore, the bilateral cooperation, through ODA and the supportive policy, should make an effort to promote economic development and mitigation of environmental degradation in developing countries.

Section: Literature Surveymentioning

confidence: 99%

Section: Literature Surveymentioning

confidence: 99%

The impact of official development assistance on the economic growth and carbon dioxide mitigation for the recipient countries

Choi

et al. 2020

Environ Sci Pollut Res

Rev. Econ. Sociol. Rural

“…Nesse sentido, com um aumento de 1% na assistência, eleva-se o PIB per capita em 0,08%. Na literatura, seu impacto varia, dependendo do nível de desenvolvimento de cada país assistido, e diversos trabalhos apontam sua importância no crescimento econômico, principalmente em Estados em desenvolvimento (Chung, 2016;Hwang et al, 2016;Kang & Kim, 2019).…”

Section: Constanteunclassified

Impacto das mudanças climáticas sobre o nível de renda na América Latina

Bento

Araujo

Tabosa

et al. 2024

Resumo Este estudo avalia a vulnerabilidade das economias latino-americanas, medida pelo PIB per capita, a precipitação e flutuações de temperatura, a fim de analisar como esses países são afetados pelas condições climáticas. O Método de Momentos Generalizados Diferenciado (MMG-DIF) foi utilizado para verificar a influência das variáveis climáticas, juntamente com indicadores econômicos, no nível de atividade econômica. Os resultados indicaram que extremos de precipitação, medidos pelo Standardized Precipitation Index (SPI), são as influências climáticas dominantes no crescimento econômico, e que os efeitos são significativos e negativos. A dummy de Seca foi associada a uma influência positiva no PIB per capita, enquanto a dummy de inundação, Chuva, foi associada a uma influência negativa para os países latino-americanos. Constatou-se que a temperatura tem efeito significativo menor do que a precipitação.

“…The political instability in various countries in the continent constituted a grave setback to the achievement of sustainable development. In this vein, [44] affirmed that there is great evidence highlighting the importance of the ODA in boosting economic growth of the developing countries (see, inter [45][46][47][48]). Besides, the foreign capital inflow through ODA projects supports the economic growth of a beneficiary country which is said to promote appropriate policies in place [49].…”

Section: Effect Of Official Development Assistance (Oda) On Sustainab...mentioning

confidence: 99%

Financing Sustainable Development, Which Factors Can Interfere?: Empirical Evidence from Developing Countries

2022

The role of sustainable development financing resources in achieving sustainable development goals is one of the most important topics talked about in the recent sustainable development conflict, especially in the developing countries. Using the Autoregressive Distributed Lag (ARDL) model over the period 2002–2018, this study attempts to better identify sustainable development financing resources and examine their role in simultaneously ensuring economic growth and achieving social and environmental objectives in 24 developing countries. We found that increases in official development assistance, public debt, and remittances impede economic growth and human development and increase environmental pollution. Thus, they inhibit sustainable development. However, our findings demonstrated that foreign direct investment and international trade, which enhance economic growth, do not have any effect on CO2 emissions, while foreign direct investment inflows boost human development and international trade seems detrimental to it. Our study also show the effectiveness of CREDIT in achieving sustainability goals by reducing environmental degradation and improving economic growth and human development. Moreover, these empirical results may draw the attention of policymakers as they help them build rigorous economic policies to sustain economic development.