Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries

Climate change remains a critical issue worldwide, and balancing economic growth with sustainable development is of paramount importance. Our study explores the complex relationship between globalization, environmental sustainability, and urbanization in selected developing countries. By utilizing a...

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Main Authors: Kalsoom Zulfiqar, Ali Asad Sabir, Abdul Rehman Nawaz, Fatima Farasat
Format: Article
Language:English
Published: Moscow State University, Faculty of Economics 2024-10-01
Series:Население и экономика
Online Access:https://populationandeconomics.pensoft.net/article/111828/download/pdf/
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author Kalsoom Zulfiqar
Ali Asad Sabir
Abdul Rehman Nawaz
Fatima Farasat
author_facet Kalsoom Zulfiqar
Ali Asad Sabir
Abdul Rehman Nawaz
Fatima Farasat
author_sort Kalsoom Zulfiqar
collection DOAJ
description Climate change remains a critical issue worldwide, and balancing economic growth with sustainable development is of paramount importance. Our study explores the complex relationship between globalization, environmental sustainability, and urbanization in selected developing countries. By utilizing a simple panel regression technique and data from 40 developing countries from 1994 to 2018, the study examines how these factors influence environmental stability. We find that with a strong focus on environmental sustainability, economic growth can be enhanced. Additionally, we find that globalization, along with GDP per capita and access to electricity, significantly impacts environmental sustainability. Conversely, the effect of urbanization on environmental stability appears to be minimal.
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publishDate 2024-10-01
publisher Moscow State University, Faculty of Economics
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series Население и экономика
spelling doaj-art-eeafa4a8e9bd42429f7bc70cbf74cecf2025-08-20T01:54:16ZengMoscow State University, Faculty of EconomicsНаселение и экономика2658-37982024-10-0183708510.3897/popecon.8.e111828111828Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing CountriesKalsoom Zulfiqar0Ali Asad Sabir1Abdul Rehman Nawaz2Fatima Farasat3School of Economics, University of the PunjabMahbub ul Haq Research CenterInstitute of Development and Economics AlternativesSchool of Economics, University of the PunjabClimate change remains a critical issue worldwide, and balancing economic growth with sustainable development is of paramount importance. Our study explores the complex relationship between globalization, environmental sustainability, and urbanization in selected developing countries. By utilizing a simple panel regression technique and data from 40 developing countries from 1994 to 2018, the study examines how these factors influence environmental stability. We find that with a strong focus on environmental sustainability, economic growth can be enhanced. Additionally, we find that globalization, along with GDP per capita and access to electricity, significantly impacts environmental sustainability. Conversely, the effect of urbanization on environmental stability appears to be minimal.https://populationandeconomics.pensoft.net/article/111828/download/pdf/
spellingShingle Kalsoom Zulfiqar
Ali Asad Sabir
Abdul Rehman Nawaz
Fatima Farasat
Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries
Население и экономика
title Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries
title_full Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries
title_fullStr Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries
title_full_unstemmed Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries
title_short Urbanization in a Globalized World: Reviewing Environmental Sustainability in Developing Countries
title_sort urbanization in a globalized world reviewing environmental sustainability in developing countries
url https://populationandeconomics.pensoft.net/article/111828/download/pdf/
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AT aliasadsabir urbanizationinaglobalizedworldreviewingenvironmentalsustainabilityindevelopingcountries
AT abdulrehmannawaz urbanizationinaglobalizedworldreviewingenvironmentalsustainabilityindevelopingcountries
AT fatimafarasat urbanizationinaglobalizedworldreviewingenvironmentalsustainabilityindevelopingcountries