AI Article Synopsis
- The study examines the "resource curse hypothesis," suggesting that countries rich in natural resources may experience economic challenges, and confirms its presence in selected emerging nations between 1990 and 2020.
- It highlights the importance of human development and gross domestic product (GDP) as key factors promoting long-term financial development, while political stability is also identified as a positive influence.
- Findings indicate that while the relationships hold in both the short and long term, the impacts are generally more significant over time, leading to policy recommendations for improving economic conditions in the sample countries.
Article Abstract
The present study empirically confabulates the authenticity of the "resource curse hypothesis" in selected emerging nations. Furthermore, we also assessed the interconnections of three essential economic indicators with financial development, i.e., human development, political stability, and gross domestic product. To effectuate these objectives, we used annual data for the time frame 1990 to 2020 and advanced panel estimation techniques for getting the empirical outcomes. The study's empirical outcomes illustrate the existence of the "resource curse hypothesis" in sample nations. In addition, human development index and gross domestic product play an essential part in the furtherance of financial development in the long-run. The human development index is upsurging the financial development. Furthermore, political stability is also exerting a favorable influence on financial development. A similar interconnection is observed in the short-time period; nonetheless, the amplitude of the short-run impacts is smaller if we have a look at the long-run impacts. The empirical analysis offers a few pertinent policy insights for policymakers to improve the situation in the selected sample. Note: Financial development positively interconnected with human development, GDP and political stability while negatively associated with natural resources, respectively.
Download full-text PDF |
Source |
|---|---|
| http://dx.doi.org/10.1007/s11356-023-29907-6 | DOI Listing |
Publication Analysis
Top Keywords
Similar Publications
Key Strategies to Promote Professional Wellness and Reduce Burnout in Oncology Clinicians.
JCO Oncol Pract
January 2025
The US Oncology Network, The Woodlands, TX.
Burnout in oncologists has been increasing, especially after the COVID-19 pandemic. This is concerning because burnout can have both personal and professional repercussions, as well as a negative impact on patients and organizational financial health. Drawing on information and ideas discussed at an ASCO Town Hall session at the 2023 Annual Meeting developed by the State of Cancer Care in America Editorial Board, this study reviews key organizational strategies for improving professional well-being and argues for the importance of measuring and researching the well-being of the oncology workforce to ensure healthy work environments.
View Article and Find Full Text PDFEvaluation of the Recent Dynamics for Funding Medicinal Chemistry Projects in Academia. Results of a Survey Conducted by IUPAC Division VII (Chemistry and Human Health).
J Med Chem
January 2025
Department of Chemistry, Faculty of the Exact Sciences, Bar-Ilan University, Ramat-Gan, 5290002, Israel.
Data collected from scholars across twenty-three countries over the past decade (2010-2019) reveals a 40% decrease in financial support for medicinal chemistry projects. The decline is especially notable among projects focused on small organic molecules. This drop in grants indicates a troubling trend that could jeopardize future drug development by undermining research in this crucial field.
View Article and Find Full Text PDFAssessing the sustainable development in the European Union: influence of municipal waste, industrial waste, and waste related patents.
Integr Environ Assess Manag
January 2025
Department of Economics, Hatay Mustafa Kemal University, Hatay, Turkey.
Waste has emerged as a pressing concern for the environment, primarily stemming from the processes of urbanization and industrialization. The substantial volumes of waste generated pose a serious threat to the environment, as they spread out harmful substances in the soil and release methane emissions into the atmosphere. To effectively address this issue, this study explores the impact of municipal and industrial waste, as well as waste-related innovation on the load capacity factor (LCF) from 2005 to 2020.
View Article and Find Full Text PDFExploring the interplay between guidance services and career success: Unveiling the key determinants?
PLoS One
January 2025
Department of Business Studies, College of Distance Education, University of Cape Coast, Cape Coast, Ghana.
This study examines the effect of determinants of stakeholders' attitudes on the perceived relevance of guidance services, policy implementation, and career success. An explanatory research design was adopted for the study. A sample of 413 guidance service coordinators at the regional, district, and school levels were selected.
View Article and Find Full Text PDFSimultaneous Unbinned Differential Cross-Section Measurement of Twenty-Four Z+jets Kinematic Observables with the ATLAS Detector.
Phys Rev Lett
December 2024
CERN, Geneva, Switzerland.
Z boson events at the Large Hadron Collider can be selected with high purity and are sensitive to a diverse range of QCD phenomena. As a result, these events are often used to probe the nature of the strong force, improve Monte Carlo event generators, and search for deviations from standard model predictions. All previous measurements of Z boson production characterize the event properties using a small number of observables and present the results as differential cross sections in predetermined bins.
View Article and Find Full Text PDFWant AI Summaries of new PubMed Abstracts delivered to your In-box?
Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!