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Author:

Gasimli, Oruj (Gasimli, Oruj.) | ul Haq, Ihtisham (ul Haq, Ihtisham.) | Munir, Shahid (Munir, Shahid.) | Khalid, Muhammad Hasnain (Khalid, Muhammad Hasnain.) | Gamage, Sisira Kumara Naradda (Gamage, Sisira Kumara Naradda.) | Khan, Alam (Khan, Alam.) | Ishtiaq, Muhammad (Ishtiaq, Muhammad.)

Indexed by:

SSCI Scopus SCIE

Abstract:

Sustainable development is the ultimate objective of the nations around the world, and the adoption of development strategies is the driving force for obtaining long-run economic growth, environmental protection and social inclusion. On other hand, globalization integrates the countries around the globe economically, politically and socially. Thus, it is vital to conduct a study on the impact of globalization on sustainable development in Commonwealth of Independent States (CIS) countries, as most of the countries are in a transition state from socialism to capitalism and are opening their doors to the world. Globalization comprises three main components, which are economic, political and social. Henceforth, this study investigates the effect of economic globalization, political globalization and social globalization on sustainable development. Energy has been highlighted in the literature and received attention from researchers as a factor of income and environmental quality; thus, it is added as a control variable in this study. The long-run relationships among variables are established through panel cointegration once the order of integration is determined. This study finds a positive and significant effect of economic globalization and political globalization on sustainable development, whereas energy consumption is deteriorating in CIS countries. Policy implications are recommended.

Keyword:

energy globalization sustainable development

Author Community:

  • [ 1 ] [Gasimli, Oruj]Azerbaijan Univ, Dept Econ & Management, 71 Jeyhun Hajibeyli St, AZ-1007 Baku, Azerbaijan
  • [ 2 ] [ul Haq, Ihtisham]Kohat Univ Sci & Technol, Dept Econ, Kohat 26000, Pakistan
  • [ 3 ] [Munir, Shahid]Kohat Univ Sci & Technol, Dept Econ, Kohat 26000, Pakistan
  • [ 4 ] [Khan, Alam]Kohat Univ Sci & Technol, Dept Econ, Kohat 26000, Pakistan
  • [ 5 ] [Khalid, Muhammad Hasnain]Univ Haripur, Dept Econ, Haripur 22620, Pakistan
  • [ 6 ] [Gamage, Sisira Kumara Naradda]Rajarata Univ Sri Lanka, Fac Social Sci & Humanities, Dept Econ, Mihintale 50300, Sri Lanka
  • [ 7 ] [Ishtiaq, Muhammad]Beijing Univ Technol, Sch Econ & Management, Beijing 100124, Peoples R China

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Source :

SUSTAINABILITY

Year: 2022

Issue: 22

Volume: 14

3 . 9

JCR@2022

3 . 9 0 0

JCR@2022

ESI Discipline: ENVIRONMENT/ECOLOGY;

ESI HC Threshold:47

JCR Journal Grade:2

CAS Journal Grade:3

Cited Count:

WoS CC Cited Count: 17

SCOPUS Cited Count: 21

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 8

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