Does Trade Openness Transfer Pollution across Borders: An Experience of Pakistan

Asghar, Nabila; Batool, Maryam; Farooq, Fatima; Rehman, Hafeez ur

doi:10.47067/reads.v6i2.222

Cited by 10 publications

(6 citation statements)

References 16 publications

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“…Under this relief package, the government increased 50% of the Benazir Income Support Programme (BISP) to enhance the quality of life of the lower-income groups. Besides, 5.2 million beneficiaries through the BISP's ongoing National Socio-Economic Registry (NSER) and officials included more people in the package (40).…”

Section: Economic Relief Package For Improving Quality Of Lifementioning

confidence: 99%

Global Financial Crisis, Smart Lockdown Strategies, and the COVID-19 Spillover Impacts: A Global Perspective Implications From Southeast Asia

et al. 2021

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This present study primarily emphasizes to seek the COVID-19 adverse impacts posing health challenges and global economic crisis. The pandemic (COVID-19) continues to hit the global economies adversely. Pakistan is the 5th-most-populous nation, and recorded positive cases with the third-highest positivity ratio in South Asia, and 26th-highest deaths toll of 21,450 and 29th number of most COVID-19 positive cases with 933,750 worldwide, as of June 6, 2021. The first wave appeared at the end of May 2020, and mid of June reported its peak, which ended by mid-July 2020. Early November 2020 witnessed the second wave with low intensity reached the climax by mid-December. The COVID-19's third wave severely affected the country during mid-March 2021. It exhibited the highest positivity rate, around 20%. New positive patients and deaths toll commenced to skyrocket and reported peak by April 15, 2021. Then situation gradually improved with effective measures and restrictions. The pandemic coronavirus (COVID-19) has affected 220 territories, regions, and countries and resulted in more than 174.116 million infections, deaths, 3.75 million, and 157.157 million positive cases fully recovered from this infectious disease, as of June 7, 2021. The pandemic has caused a severe crisis of healthcare facilities and economic challenges worldwide. Pakistani economy reported GPD's negative growth (–0.05) for the first time over the last 60 years in 2020, which caused a massive financial crisis. The Government's relief package intervened to reduce public mental stress and improve the quality of their lives. IMF reported that Pakistan's GPD bounced back at 4% growth by June 2021. This article determines that economic instability and health burden happened in Pakistan for a longer time than financial disequilibrium that occurred globally. Pakistan encountered this crisis due to its feeble healthcare systems and fragile economy. This study explores adverse health issues and spillover consequences on the economic crisis in Pakistan with global implications. It recommends smart lockdown restrictions in most affected areas to reopen the economic cycle with strict preventive measures to minimize the COVD-19 adverse consequences.

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Section: Economic Relief Package For Improving Quality Of Lifementioning

confidence: 99%

Global Financial Crisis, Smart Lockdown Strategies, and the COVID-19 Spillover Impacts: A Global Perspective Implications From Southeast Asia

et al. 2021

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“…Gülşen and Özmen (2020) considered that emerging markets are much more sensitive to global financial cycles under managed than floating exchange rate regimes. Batool et al (2020) suggested that the COVID-19 pandemic has disrupted the economies all around the world, meaning that the economic fallout from preventive measures such as lockdowns is enormous. Asghar et al (2020) argued that this is the worst economic downturn since the Great Depression of the 1930s.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Batool et al (2020) suggested that the COVID-19 pandemic has disrupted the economies all around the world, meaning that the economic fallout from preventive measures such as lockdowns is enormous. Asghar et al (2020) argued that this is the worst economic downturn since the Great Depression of the 1930s. COVID-19 represents a new type of coronavirus that transfers extremely fast from human to human and started spreading in late December 2019 in Wuhan, China.…”

Section: Literature Reviewmentioning

confidence: 99%

Investigating the Causal Linkages among Inflation, Interest Rate, and Economic Growth in Pakistan under the Influence of COVID-19 Pandemic: A Wavelet Transformation Approach

Hayat

Ghulam

Batool

et al. 2021

JRFM

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This research is the earliest attempt to understand the impact of inflation and the interest rate on output growth in the context of Pakistan using the wavelet transformation approach. For this study, we used monthly data on inflation, the interest rate, and industrial production from January 1991 to May 2020. The COVID-19 pandemic has affected economies around the world, especially in view of the measures taken by governmental authorities regarding enforced lockdowns and social distancing. Traditional studies empirically explored the relationship between these important macroeconomic variables only for the short run and long run. Firstly, we employed the autoregressive distributed lag (ARDL) cointegration test and two causality tests (Granger causality and Toda–Yamamoto) to check the cointegration properties and causal relationship among these variables, respectively. After confirming the long-run causality from the ARDL bound test, we decomposed the time series of growth, inflation, and the interest rate into different time scales using wavelet analysis which allows us to study the relationship among variables for the very short run, medium run, long run, and very long run. The continuous wavelet transform (CWT), the cross-wavelet transform (XWT), cross-wavelet coherence (WTC), and multi-scale Granger causality tests were used to investigate the co-movement and nature of the causality between inflation and growth and the interest rate and growth. The results of the wavelet and multi-scale Granger causality tests show that the causal relationship between these variables is not the same across all time horizons; rather, it is unidirectional in the short-run and medium-run but bi-directional in the long-run. Therefore, this study suggests that the central bank should try to maintain inflation and the interest rate at a low level in the short run and medium run instead of putting too much pressure on these variables in the long-run.

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“…The COVID-19 pandemic has overwhelmed the health sector beyond the normal functioning to sensitive caretaking. This progressing widespread appeared to bring devastating effects on global economies, with Pakistan facing substantial setbacks [ 7 ]. In particular, the mental toll of COVID-19 challenged the frontline workers to deal with high-stress situations such as long working hours, thus influencing normal healthcare functioning [ 8 ].…”

Section: Introductionmentioning

confidence: 99%

Signifying the Relationship between Fear of COVID-19, Psychological Concerns, Financial Concerns and Healthcare Employees Job Performance: A Mediated Model

Sarfraz¹,

Ji²,

Asghar

et al. 2022

IJERPH

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The coronavirus pandemic (COVID-19) has undoubtedly created immense health problems in the global healthcare sector. Apart from its impact on physical health, it has devastatingly affected the psychological well-being of individuals. Based on Affective Events Theory (AET), the current study aims to contemplate the relationship between Fear of COVID-19 (CVF), psychological concerns (PC), and financial concerns (FC) while considering the impact on the healthcare employees’ job performance (JP). Moreover, this study investigates the mediating role of job anxiety (ANX), stress (ST), and depression (DEP). The data were collected through an online structured questionnaire (Google Forms) from 489 employees working in the healthcare centers of Pakistan. The structured equation modeling (partial least square) approach is adopted for data analysis. The study results showed that Fear of COVID-19, psychological and financial concerns positively and significantly affect healthcare workers’ job performance. Depression, anxiety, and stress mediated the relationship between Fear of COVID-19, psychological concerns, financial concerns, and job performance. The study theoretically and practically contributes to the existing literature on psychological and mental health by providing a better understanding of the individual variables that affect employees’ job performance.

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Does Trade Openness Transfer Pollution across Borders: An Experience of Pakistan

Cited by 10 publications

References 16 publications

Global Financial Crisis, Smart Lockdown Strategies, and the COVID-19 Spillover Impacts: A Global Perspective Implications From Southeast Asia

Global Financial Crisis, Smart Lockdown Strategies, and the COVID-19 Spillover Impacts: A Global Perspective Implications From Southeast Asia

Investigating the Causal Linkages among Inflation, Interest Rate, and Economic Growth in Pakistan under the Influence of COVID-19 Pandemic: A Wavelet Transformation Approach

Signifying the Relationship between Fear of COVID-19, Psychological Concerns, Financial Concerns and Healthcare Employees Job Performance: A Mediated Model

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