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Journals / Alanya Akademik Bakış / 2026 / Cilt: 8 Sayı: 1

The Relationship between Sustainable Development Index and Financial Development and Globalization in Developed and Developing Countries

Seren Aydıngülü Sakalsız(KAHRAMANMARAŞ SÜTÇÜ İMAM ÜNİVERSİTESİ)0000-0001-7452-311X
Meltem Kılıç(KAHRAMANMARAŞ SÜTÇÜ İMAM ÜNİVERSİTESİ)0000-0001-8978-9076
Pages
145–158
Publication Date
2024-01-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

It is predicted that with the inclusion of all countries in the globalization process, it will contribute to the reduction of carbon emissions and the achievement of the goal of sustainable development.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study draws attention to the importance of sustainable development goals in the growth of countries along with environmental disasters and climate events in recent years.
📊
Key Findings & Data:In addition to the human development indicator, Hickel (2020) created the Sustainable Development Index (SDI), which includes the sustainable development of countries, including life expectancy, education and income, as well as CO2 emissions and carbon footprint data.
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Conclusion & Impact:It is predicted that with the inclusion of all countries in the globalization process, it will contribute to the reduction of carbon emissions and the achievement of the goal of sustainable development.
🔬Design:Araştırma Makalesi
📍Scope:2020 Verileri
⚙️Variables:Sürdürülebilir Gelişmişlik Endeksi · Finansal Gelişmişlik · Panel Veri Analizi ve Küreselleşme

Abstract

This study draws attention to the importance of sustainable development goals in the growth of countries along with environmental disasters and climate events in recent years. In addition to the human development indicator, Hickel (2020) created the Sustainable Development Index (SDI), which includes the sustainable development of countries, including life expectancy, education and income, as well as CO2 emissions and carbon footprint data. This study aims to examine the relationship between SDI, Globalization Index and financial development of developed and developing countries in the 1990-2019. As a result of the Mean Group (MG) test, it is found that the error correction parameter is negative and statistically significant in developed and developing countries. As globalization increases in developed and developing countries, SDI also increases in the long run. Financial development affects SDI negatively in the long run for developed and developing countries. It is predicted that with the inclusion of all countries in the globalization process, it will contribute to the reduction of carbon emissions and the achievement of the goal of sustainable development.

Özet

Bu çalışma son yıllarda yaşanan çevresel felaketler ve iklim olayları ile birlikte ülkelerin büyümesinde sürdürülebilir kalkınma hedeflerinin önemine dikkat çekmektedir. Hickel (2020) insani gelişmişlik göstergesine ek olarak yaşam süresi, eğitim ve gelir ile birlikte CO2 emisyonu ve karbon ayak izi verilerini içeren ülkelerin sürdürülebilir gelişmişliğini içine alan Sürdürülebilir Gelişmişlik Endeksi’ni (SDI) oluşturmuştur. Bu çalışma, 1990-2019 yılları arasında gelişmiş ve gelişmekte olan ülkelerin SDI ile Küreselleşme Endeksi ve finansal gelişmişlik arasındaki ilişkiyi incelemeyi amaçlamaktadır. Ortalama Grup (MG) testi sonucunda gelişmiş ve gelişmekte olan ülkelerde hata düzeltme parametresinin negatif ve istatistiksel olarak anlamlı olduğuna ulaşılmaktadır. Gelişmiş ve gelişmekte olan ülkelerde küreselleşme artıkça uzun dönemde SDI da artmaktadır. Finansal gelişmişlik gelişmiş ve gelişmekte olan ülkeler için uzun dönemde SDI’yı negatif etkilemektedir. Bütün ülkelerin küreselleşme sürecine dahil olması ile karbon emisyonlarının azaltılmasına ve sürdürülebilir kalkınma hedefine ulaşılmasına katkıda bulunulacağı öngörülmektedir.

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Cite This Article

Sakalsız, S. A., Kılıç, M. (2024). The Relationship between Sustainable Development Index and Financial Development and Globalization in Developed and Developing Countries. Alanya Akademik Bakış, Cilt: 8 Sayı: 1, 145–158. https://doi.org/10.29023/alanyaakademik.1287919

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