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Anthropological responses to environmental challenges in SAARC nations: A comparative analysis
Chunyan Liu1, Muneeb Ahmad2, Ali Altalbe3,4
1School of Community for Chinese Nation, North Minzu University, Yinchuan, Ningxia, China.
Plos One
|February 8, 2024
Summary
Economic growth in SAARC countries is boosted by renewable energy and reduced pollution. However, environmental pollution negatively impacts human resources and future opportunities, highlighting the need for sustainable development strategies.
Area of Science:
- Environmental Economics
- Sustainable Development
- South Asian Economic Cooperation
Background:
- Economic development is influenced by a complex interplay of environmental, social, and financial factors.
- Understanding these dynamics is crucial for sustainable growth in developing regions like SAARC countries.
- Previous research has often examined these factors in isolation, necessitating a holistic approach.
Purpose of the Study:
- To investigate the long-term relationships between environmental pollutants (ENP), human resources (HR), Gross Domestic Product (GDP), sustainable power sources (renewable energy sources - REC), and financial assets in SAARC countries from 1995 to 2022.
- To determine the impact of these variables on the progress and future opportunities within SAARC nations.
- To identify policy implications for sustainable development.
Main Methods:
- Applied econometric techniques including board cointegration tests, D-H causality, cross-sectional dependence (CSD), Saville and Holdsworth Restricted (SHL), and the DSK Appraisal Strategy.
- Analysis of data spanning from 1995 to 2022 for SAARC countries.
- Longitudinal study to establish causality and long-term interdependencies.
Main Results:
- GDP growth, REC, and ENP positively contribute to the overall progress of SAARC countries.
- Increased ecological pollution negatively affects future opportunities and human resources (HR).
- A strong bidirectional causality exists between HR and future opportunities, with opportunities linked to GDP, REC, and public support.
Conclusions:
- Sustainable development in SAARC countries requires balancing economic growth with environmental protection.
- Policies should focus on facilitating financial development, mitigating environmental pollution, investing in human resource development, and promoting REC.
- Addressing environmental pollution is key to unlocking future opportunities and enhancing human capital.
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