A Critical Review of the Relationship Between Environmental Performance Index, Financial Development and Economic Growth

نویسندگان

چکیده

Purpose: Through a literature review, this study aims to understand the relationship between Environmental Performance Index (EPI), Financial Development, and Economic Growth. In order provide complete understanding of impact EPI Development on Growth, authors propose conceptual framework based empirical data. expand knowledge in field, also seeks identify gaps recommend new lines inquiry. Design/Methodology/Approach: This conducts an extensive analysis emphasizing publications 2018 2022. The developed, developed-group, developing countries will be thoroughly comprehensive systematic review conducted meet goals study. However, qualitative method help us better how financial development affect economic growth sustainable because results conclusions investigations need more consistent. Findings: concluded that environmental performance sustainability are essential for achieving industrialized countries, policymakers should give top priority settling carbon costs taxes, commercializing low-CO2 emissions technologies, cutting non-renewable energy subsidies, offering technology transfer programs, green trade policy. emphasized potential systems renewable lower promote nations. successful policies investments technologies required achieve balance. Practical implication: has practical implications who must prioritize their policies. includes promoting energy, reducing emissions, implementing highlights critical role government growth, particularly Development. Originality/Value: study's originality value lie its examination complex sustainability, development, across different regions. emphasizes policies, specifically provides policymakers. further research effective growth.

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ژورنال

عنوان ژورنال: International Journal of Professional Business Review

سال: 2023

ISSN: ['2525-3654']

DOI: https://doi.org/10.26668/businessreview/2023.v8i7.2675