Sustainability - Wellbeing

Is FDI Growth Enhancing: An Exploration from OIC Member Countries

Submitted by Munir on Wed, 08/31/2022 - 10:36

This study examines the impact of FDI inflow on economic growth of the selected countries over the period of 1980-2011. Results, from Generalized Method of Moment (GMM) in Simultaneous Equations Model (SEM), suggest that positive spillover-effect of FDI inflows is conditional on the level of human capital development. Further, we find the evidence that FDI erodes domestic investment and a net crowding-out effect of FDI is documented.

The Role of Urban Resilience Strategies in the Economic Recovery of Post-Conflict Aleppo: Enhancing Livelihoods of the Host, Returnee, and Displaced Communities

Submitted by Umar Farooq Patel on Mon, 08/22/2022 - 13:30

Aleppo hosts a large population of remainees, returnees, and internally displaced people. Over the past decade, the city has experienced massive economic decline; the extensive destruction of Aleppo's infrastructure has exacerbated the situation, resulting in a significant deterioration in residents' livelihoods. The literature on post-conflict recovery notes that appropriate and well-managed rehabilitation planning and implementation can contribute to local economic recovery.

Investigation on Human Development Needs, Challenges, and Drivers for Transition to Sustainable Development: The Case of Qatar

Submitted by Munir on Fri, 08/12/2022 - 21:17

Human development has been widely accepted as both the primary goal and driver of sustainable development. Human development is critically important for countries attempting a radical transformation from a resource-based economy to knowledge-based, sustainable development, like Qatar. This paper examines Qatar’s human development needs and challenges with respect to its economic, demographic, and educational development goals.

The Spillover Effects of the COVID-19 Pandemic: Which sub-sectors of Tourism have been affected more?

Submitted by Munir on Fri, 08/12/2022 - 21:14

This paper investigates the effects of COVID-19 pandemic-related uncertainty focusing on the US tourism subsectors, including airlines, hotels, restaurants, and travel companies. Using daily stock price data, we compute connectedness indices that quantify the financial distress in the tourism and hospitality industry and link these indices with a measure of COVID-19-induced uncertainty. Our empirical results show that some subsectors of tourism are affected more than others. The connectedness of tourism companies has severely increased after March 2020.