Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia
Partnership and cooperation remain the essence of United Nations 2030 (UN2030) Agenda. However, the regional cooperation framework often lacks comprehensive economic analysis and estimation of probabilistic impacts of any country's socio-economic and environmental activities on the people and e...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2021-12-01
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| Series: | Research in Globalization |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2590051X21000307 |
| _version_ | 1818353478132563968 |
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| author | Kazi Arif Uz Zaman Zannatul Fardoush |
| author_facet | Kazi Arif Uz Zaman Zannatul Fardoush |
| author_sort | Kazi Arif Uz Zaman |
| collection | DOAJ |
| description | Partnership and cooperation remain the essence of United Nations 2030 (UN2030) Agenda. However, the regional cooperation framework often lacks comprehensive economic analysis and estimation of probabilistic impacts of any country's socio-economic and environmental activities on the people and ecosystems of other countries. This study attempts to develop an index on a country-pair basis that elucidates six channels of bilateral cooperation and respective strengths of those: trade, technological advancement, labors' productivity, regional interconnectedness, human development, and emission management. Criteria Importance Through Inter-criteria Correlation (CRITIC) objective weighting method is applied for multi-criteria decision-making. Empirical analysis encompasses all South Asian countries. Results show that India remains the country with the highest impact on the other countries in this South Asian region followed by Sri Lanka and Bangladesh. Bhutan, Afghanistan and the Maldives have the highest probability of attaining the gain from other South Asian countries. The study also analyzes countries' component-wise strengths of bilateral impacts. |
| first_indexed | 2024-12-13T19:10:10Z |
| format | Article |
| id | doaj.art-49e97964276747d884666a980a934199 |
| institution | Directory Open Access Journal |
| issn | 2590-051X |
| language | English |
| last_indexed | 2024-12-13T19:10:10Z |
| publishDate | 2021-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Research in Globalization |
| spelling | doaj.art-49e97964276747d884666a980a9341992022-12-21T23:34:26ZengElsevierResearch in Globalization2590-051X2021-12-013100065Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South AsiaKazi Arif Uz Zaman0Zannatul Fardoush1Financial Stability Department, Bangladesh Bank, Dhaka 1000, Bangladesh; Corresponding author.Department of Financial Institutions and Markets, Bangladesh Bank, Dhaka 1000, BangladeshPartnership and cooperation remain the essence of United Nations 2030 (UN2030) Agenda. However, the regional cooperation framework often lacks comprehensive economic analysis and estimation of probabilistic impacts of any country's socio-economic and environmental activities on the people and ecosystems of other countries. This study attempts to develop an index on a country-pair basis that elucidates six channels of bilateral cooperation and respective strengths of those: trade, technological advancement, labors' productivity, regional interconnectedness, human development, and emission management. Criteria Importance Through Inter-criteria Correlation (CRITIC) objective weighting method is applied for multi-criteria decision-making. Empirical analysis encompasses all South Asian countries. Results show that India remains the country with the highest impact on the other countries in this South Asian region followed by Sri Lanka and Bangladesh. Bhutan, Afghanistan and the Maldives have the highest probability of attaining the gain from other South Asian countries. The study also analyzes countries' component-wise strengths of bilateral impacts.http://www.sciencedirect.com/science/article/pii/S2590051X21000307C43F63O19Q01R11R58 |
| spellingShingle | Kazi Arif Uz Zaman Zannatul Fardoush Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia Research in Globalization C43 F63 O19 Q01 R11 R58 |
| title | Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia |
| title_full | Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia |
| title_fullStr | Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia |
| title_full_unstemmed | Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia |
| title_short | Index on relative sustainability impact-a suggestive tool for strengthening regional cooperation: Case of South Asia |
| title_sort | index on relative sustainability impact a suggestive tool for strengthening regional cooperation case of south asia |
| topic | C43 F63 O19 Q01 R11 R58 |
| url | http://www.sciencedirect.com/science/article/pii/S2590051X21000307 |
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