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Role of natural resources markets and environmental sustainability on economic growth

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  • Li, Shangpu

Abstract

The paper investigates how the world's markets for natural resources may be completely transformed by using cutting-edge technology and creative marketing techniques. The article analyzes the impact of natural resource endowments on sustainable economic growth in emerging nations from 2016. It has been demonstrated that natural resource fluctuation, petroleum leases, gas leases, monetary inclusion, and sustainable development favorably impacted short- and long-term economic effectiveness. This study, which makes extensive use of carefully selected secondary data sources, intends to shed light on the possible connections between and effects of these variables on the energy poverty landscape in the nation. This research predicts a paradigm change towards maximum economic optimization and heightened environmental responsibility by incorporating state-of-the-art technology like blockchain. The suggested paradigm adheres to definition of sustainable development by seeking a balance between environmental stewardship and economic growth.

Suggested Citation

  • Li, Shangpu, 2024. "Role of natural resources markets and environmental sustainability on economic growth," Resources Policy, Elsevier, vol. 91(C).
    • Handle: RePEc:eee:jrpoli:v:91:y:2024:i:c:s030142072400062x
    DOI: 10.1016/j.resourpol.2024.104695
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