Environment and economic growth: is the rule of law the go-between? The case of high-income countries

Castiglione, Concetta; Infante, Davide; Smirnova, Janna

doi:10.1186/s13705-015-0054-8

Cited by 53 publications

(33 citation statements)

References 37 publications

(43 reference statements)

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“…What is useful to be stated is that the relationship of OMI and environmental quality could be explained by the fact that economic openness provides a fertile ground for transfers, not only for products, but for environmental institutional norms from institutional mature countries to more closed-economy countries as well [39]. Additionally, variables such as democracy and rule of law, which score higher in more developed countries with open economies, seem to play a critical role in environmental quality [40]. In high-income countries, there is a positive causality between rule of law and environmental quality.…”

Section: Discussionmentioning

confidence: 99%

Open Economy, Institutional Quality, and Environmental Performance: A Macroeconomic Approach

2016

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Abstract:As the subject of how economic development affects the quality of the natural environment has gained great momentum, this paper focuses on examining the extent to which the openness of a market economy and the quality of the institution affect environmental performance. The majority of the current studies focus on the Environmental Kuznets Curve and the level of economic growth. This paper addresses this question by relating environmental ("Environmental Performance Index") to macroeconomic (Gross Domestic Product per capita, "Open Markets Index") and governance indicators ("Worldwide Governance Indicators"). The sample consists of 75 countries, including all G20 and EU members, comprising "more than 90% of global trade and investment". Findings show that the Environmental Performance Index is positively correlated to each of the (institutional) indicators, so as to confirm that the selected indices are consistent with previous studies, suggesting that environmental performance increases in line with economic development and that good governance increases a country's levels of environmental protection. By applying factor analysis, an empirical model of the Environmental Performance Index is estimated, suggesting that there is a significant positive correlation between a country's economic growth, the openness of an economy, high levels of effective governance, and its environmental performance.

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Section: Discussionmentioning

confidence: 99%

Open Economy, Institutional Quality, and Environmental Performance: A Macroeconomic Approach

2016

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“…The theoretical basis of the research is composed of fundamental works on the notion, sense, and meaning of economic growth for socio-economic systems by authors such as (Castiglione et al, 2015;Choi & Shin, 2015;González-Pernía & Peña-Legazkue, 2015;Lee & Oh, 2015;Leonida et al, 2015;Odhiambo, 2015;Pogosov, 2015;Sarracino & Bartolini, 2015;Zeira & Zoabi, 2015), among others.…”

Section: Methodsmentioning

confidence: 99%

“…The development of modern economic systems is impossible without economic growth (Choi & Shin, 2015;Lee & Oh, 2015). Therefore, economic growth influences the development of any socio-economic system (Castiglione, Infante, & Smirnova, 2015).…”

Section: Literature Reviewmentioning

confidence: 99%

Developing Countries as New Growth Poles of Post-Crisis Global Economy

Popkova

Meshkova

Karpunina

et al. 2016

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175This article is devoted to the search for a solution to overcoming the consequences of the global financial and economic crisis and the development of a post-crisis global economy. The purpose of this article is to determine perspectives and directions for the development of new growth poles in a post-crisis global economy and to develop tools for overcoming the consequences of the crisis and facilitating the global economic system entry into a new level of economic growth. The article uses the proprietary methodology for the calculation of "underdevelopment whirlpools, " which analyzes the dynamics of economic growth of the most prominent countries in this group and their ability to overcome "underdevelopment whirlpools" and transform into new growth poles for the global economy following the global financial crisis. The use of calculation tools for "underdevelopment whirlpools" determines the prospective of developing countries' transformation into new growth poles in a post-crisis global economy. China, Japan, Brazil, Russia, and India are such poles at present, and they will strengthen their positions in the near future. For this, the research offers the following perspective and directions for the development of new growth poles in a post-crisis global economy for the increase in rates and quality (stability and sustainability) of economic growth: an emphasis on the real sector development of the economy, realization of transnational cluster initiatives, and active creation and implementation of innovations into production. As tools for overcoming the consequences of the crisis and the global economic system entering a new level of economic growth, the author developed the mechanism of post-crisis global economy development. IntroductionOver several decades, the global economy has shown stable growth and development. However, despite positive forecasts, 2008 was marked by the global financial crisis, the consequences of which -unemployment, inflation, and reduction of economic growth -influenced even the most economically developed countries.At present, the global economic system is in postcrisis conditions. To overcome the current recession, it is necessary to reconsider traditional approaches to the provision of economic growth and search for new sources of growth. In this context, it is necessary to focus on the gradual restructuring trends of the global economy. Developing Countries as New GrowthPoles of Post-Crisis Global Economy ABSTRACT O110

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“…The challenges seen in Ecuador in this context will be different in developing and developed countries and further research is required to explore whether it is easier to agree constitutional reform within the developing country context but better enforcement follows in the developed country context (for example, there is some evidence that as income increases, more respect for the rule of law is acquired and vice versa [85]). Nevertheless, the adoption of the rights of nature in Ecuador gave the international community the opportunity to reflect on society, law and the environment.…”

Section: Discussionmentioning

confidence: 99%

“…It is clear that without a change in the economic situation a fruitful implementation of the rights of nature is not probable [84]. However, internationally empirical evidence, albeit for higher income countries, suggest that it is not possible to generalise on the relationship between pollution and economic growth [85].…”

Section: The Rights Of Nature: Implementation and Enforcementmentioning

confidence: 99%

The Implementation of Earth Jurisprudence through Substantive Constitutional Rights of Nature

Rühs

Jones

2016

Sustainability

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To date, international processes associated with sustainable development have not led to an internationally legally binding framework that adequately addresses the challenges we face. Human influence on the planet has led to the adoption, although not universally accepted, of the term Anthropocene to define our new relationship with nature. This paper aims to look at the role and rule of law in the making of society and, more importantly, the arguments for a shift in the paradigm from an Anthropocentric ontology to a more Earth-centered one. We critique the current approach to sustainable development and environmental protection, review arguments on the Rights of Nature and explore the potential for the concept of Earth Jurisprudence building on current literature. In particular, the paper outlines that a constitutional right of nature is needed to address the challenges that we now face globally. To this end, we also examine in detail the case study of the constitution of Ecuador where the rights of nature have been codified. We outline some of the key issues involved in this proposed approach to new legal frameworks and make recommendations for future research.

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Environment and economic growth: is the rule of law the go-between? The case of high-income countries

Cited by 53 publications

References 37 publications

Open Economy, Institutional Quality, and Environmental Performance: A Macroeconomic Approach

Open Economy, Institutional Quality, and Environmental Performance: A Macroeconomic Approach

Developing Countries as New Growth Poles of Post-Crisis Global Economy

The Implementation of Earth Jurisprudence through Substantive Constitutional Rights of Nature

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