This paper empirically analyses the effects of globalisation on labour market regulations. We also interact globalisation measures with economic uncertainty, and they serve as potential determinants ...of de jure labour market conditions. For this purpose, we consider new innovative globalisation and economic uncertainty indices (the Revisited KOF Globalisation and the World Uncertainty) in a panel dataset of 136 countries from 2000 to 2017. The findings indicate that globalisation promotes labour market flexibility, while economic uncertainty decreases it. We also find that the interaction of globalisation with economic uncertainty positively affects labour market flexibility. The findings are robust to various sensitivity analyses, that is, different estimation procedures and globalisation indicators, including various controls and excluding outliers.
The aggravation of climatic damage, the rise in pollution, and global warming have prompted investigation of factors leading to the increase in human demand on natural resources. Numerous studies ...have dealt with the connections linking human action with the environmental impact, but this research field remains insufficiently documented. Human resources constitute the center of decision to reduce the ecological footprint, but studies on the impact of human capital and the social and human dimension of globalization on environmental sustainability have been insufficiently analyzed. Therefore, the aim of this study is to verify the capacity of human capital and the social dimension of globalization in addition to its political and economic ones to mitigate environmental degradation. The study referred to the FMOLS, DOLS, and PMG-ARDL methods applied to 13 fossil fuel-rich countries spanning the period 1992–2017 and applied a set of robustness tests based on the cross-section dependence test, unit root tests, and Johansen combined test. The findings, based on FMOLS and DOLS techniques, demonstrate that human capital exerts positive long-term influence upon ecological footprint in the case of fossil fuel-rich countries. Globalization does not significantly impact ecological footprint: only political globalization is able to decrease deterioration in the environment, and neither economic nor social globalizations have an effect. When applying the PMG-ARDL approach, the results supported those derived from FMOLS and DOLS methods and revealed that human capital positively affects ecological footprint in the long term but without significant short-term effects. Our results also showed that globalization is beneficial for high-income countries and harmful for middle-income countries in terms of mitigating environmental degradation. So, the reduction of the ecological footprint in the fossil fuel-rich economies remains dependent on the actions taken by political decision-makers at the international level and on the awareness of human capital of the urgency of mitigating environmental degradation. A set of recommendations in favor of environmental sustainability, in particular those relating to human action and which can serve decision-makers, were formulated in this study.
If the global economy seems unfair, how should we understand what a fair global economy would be? What ideas of fairness, if any, apply, and what significance do they have for policy and law? Working ...within the social contract tradition, this book argues that fairness is best seen as a kind of equity in practice. The global economy as we know it is organized by an international social practice in which countries mutually rely upon common markets. This practice generates shared responsibilities of "structural equity," independently of humanitarian, human rights, or other justice concerns, for how benefits and burdens are distributed across different societies and their social classes. Equity in the practice of trade requires not only compensation of people harmed by their exposure to global economic forces, but also equal division of the "gains of trade," across and within societies, unless still greater gains flow to developing countries. Fairness therefore calls for strong social insurance schemes, international capital controls, policy flexibility for developing countries, and more-all as the "fair price" of free trade. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/philosophy/9780199846153/toc.html
This paper performs Fourier cointegration and causality tests to analyze the effect of renewable energy generation, globalization, and agricultural activities on ecological footprint and carbon ...dioxide (CO2) emissions in BRIC countries for the period 1971–2016. The Fourier ADL cointegration test supports a long-run relationship between the considered variables in Brazil and China. The long-term elasticities indicate that globalization increases the pollution indicators, while renewable energy generation significantly reduces environmental pressure in China. Moreover, globalization increases CO2 emissions, while renewable energy generation improves environmental quality in Brazil. The causality results show the existence of bidirectional causality between agriculture and environmental degradation; unidirectional relationships from globalization to the ecological footprint and CO2 emissions; and renewable energy generation to the ecological indicators. Overall, these findings reveal the importance of renewable energy in combating environmental degradation. Based on the above results, renewable energy generation can significantly reduce environmental pollution in Brazil and China. However, renewable energy does not affect environmental pressure in Russia and India. Therefore, these countries should differentiate the current renewable energy generation policies to achieve their sustainable development goals.
Rather than forcing such a complex social phenomenon into a single conceptual framework, Manfred Steger presents globalization in plain, readable English as a multifaceted process encompassing ...global, regional, and local aspects of social life.
The quest for ecological sustainability while reducing the impacts of environmental deterioration has become a worldwide endeavour. Furthermore, it is unclear how developing economies such as Brazil ...can considerably improve environmental quality (EQ). This paper contributes to the ongoing literature by evaluating the effect of green finance, economic growth, political risk, social globalization and green innovation on environmental quality in Brazil. The study used data spanning between 2000Q1 and 2018Q4. Unlike other investigations, the current study used load capacity factor as a proxy for environmental quality, which considers both demand and supply sides of environmental issues. The current study applied the novel dynamic ARDL to capture the short and long‐run nexus. The bootstrap causality test was also applied to capture causal connection instabilities over time. The results of this study are as follows: (1) a significant and positive association was found between political risk, green finance, green innovation and social globalization environmental quality; (2) a significant and negative interplay was detected between economic growth and environmental quality; (3) The time‐varying causality shows a feedback causality at various periods between political risk, green finance, green innovation, economic growth, social globalization and environmental quality. This study also serves as a reference point for governments and policymakers in terms of investing in eco‐friendly technologies in order to improve environmental quality.
What could be a sociology of globalization? Metzger, Jean-Luc
Recherches sociologiques et anthropologiques : RS&A,
01/2012, Letnik:
43, Številka:
supplement
Journal Article
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