IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Connecting Stability, Finance, and Climate Resilience for a Sustainable Tomorrow Towards Green Progress in ASEAN-5

Connecting Stability, Finance, and Climate Resilience for a Sustainable Tomorrow Towards Green Progress in ASEAN-5
View Sample PDF
Author(s): Muhammad Ali Chohan (Guangdong CAS Cogniser Information Technology Co., Ltd., China), Shamaila Butt (Sohar University, Oman), Umbrin Akbar (University of Sialkot, Pakistan), Muddassar Bilal (University of Sialkot, Pakistan), Suresh Ramakrishnan (Universiti Teknologi Malaysia, Malaysia)and Muhammad Farrukh Shahzad (Beijing University of Technology, China)
Copyright: 2025
Pages: 26
Source title: Securing Sustainable Futures Through Blue and Green Economies
Source Author(s)/Editor(s): Patricia Ordóñez de Pablos (University of Oviedo, Spain), Miltiadis D. Lytras (Computer Science Department, College of Engineering, Effat University, Saudi Arabia)and Sawsan Malik (Arab Open University, Kuwait)
DOI: 10.4018/979-8-3693-7893-9.ch013

Purchase


Abstract

The Southeast Asian countries have witnessed substantial economic growth in recent years. However, this progress has not been matched with adequate measures to protect their environmental resources. The shadow economy is identified as a significant factor influencing environmental quality. Taking the shadow economy into consideration, both political stability and financial development emerge as crucial factors impacting environmental pollution. This chapter aims to examine the influence of financial development in strengthening the relationship between political stability and environmental pollution from 1996 to 2021 in ASEAN-5 nation. The ARDL approach is employed to estimate long-run elasticity, affirming the existence of an inverted U-shaped Environmental Kuznets Curve (EKC) hypothesis in ASEAN-5 countries. Additionally, ASEAN governments are encouraged to invest in energy infrastructure development to enhance renewable production capacities with zero emissions.

Related Content

Aditi Nag. © 2026. 48 pages.
Mayur Thakur, Shikha Sharma, Trilochan Kumar. © 2026. 44 pages.
Partha Mukhopadhyay, Prachee Parwanee. © 2026. 36 pages.
Kamaraj Kalaimathy, Chathana Thagavel, Sofiya M. Karunanithi. © 2026. 30 pages.
İlhami Ay, Murat Dal. © 2026. 34 pages.
Vinupandyan Lakshmanan. © 2026. 32 pages.
Muhammad Usman Tariq. © 2026. 28 pages.
Body Bottom