Globally, the spread of economic integration and the lowering of trade protectionism through multiple trade pacts offered the products of many developing nations the chance to access global markets. The international economics literature deeply discusses the influence of trade liberalization and...

Asian economies are extremely vulnerable to climate due to rapid economic progress, poor governance structure and governmental performance. Keeping in view the fragility of Asia economies in context of environmental deterioration, we examine the role of climate change in shaping economic...

This paper aims to analyze changes in the long-term and short-term oil price elasticities of the real ruble exchange rate, as well as the speed of convergence of the exchange rate to a long-term equilibrium. The analysis is conducted using an error correction model with time-varying parameters....

The study examines the long-run relationship between remittances and household consumption in Lesotho for the period 1991-2019 using the Johansen cointegration technique and the Engle-Granger Residual Approach. Despite remittances in Lesotho representing over 20% of GDP which is highly...

South Africa's heavy reliance on fossil fuels has posed significant challenges to environmental sustainability, primarily due to the associated climate change concerns. To combat these issues, the South African government has turned to technological innovation. However, research examining the...