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Start date: 2020Subject: search.filters.subject.inflation

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    Economic and Environmental Drivers of Carbon Emissions in Asia: Granger Causality Insights From Foreign Investment, Inflation, and Ecological Footprint
    (John Wiley and Sons Ltd, 2026) Nizar, S; Natkunarasa, A; Divyanjali, H; Jayathilaka, R
    Rising carbon emissions cause critical challenges to sustainable development, particularly in Asia which accounts for a substan-tial share of global emissions. The study investigates the short-run causal relationships between foreign direct investment, infla-tion, ecological footprint, and carbon emissions across 27 Asian countries (final analytical sample) over the period 2000–2023.Utilizing country-specific VAR-based Granger causality analysis, the study captures heterogeneous sustainability economic in-teractions without imposing uniform panel assumptions. The results reveal diverse unidirectional and bidirectional causalitypatterns, highlighting how macroeconomic pressures and environmental constraints jointly shape emission outcomes. Thesefindings underscore the importance of sustainable investment, energy price management, and institutional capacity in sup-porting sustainable communities and enhancing knowledge-driven sustainability transitions. From a managerial and policyperspective, the results provide actionable insights aligning with investment decisions, macroeconomic management, and envi-ronmental governance with the sustainable development goals, particularly SDG 13 (climate action), while recognizing country-specific development pathways.
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    PublicationOpen Access
    Crises, chaos and contemplations: the impact of economic downturn on academic performance: a study of undergraduate students in private universities in Colombo, Sri Lanka
    (Taylor and Francis Ltd., 2025-04-02) Thennakoon, S. H; Wijesinghe, K.S; Weerarathna, R. S; Shamila, P; Wickramasinghe, Y
    The impact of the economic downturn on academic performance is a matter of significant concern for the Sri Lankan undergraduates. This study examined the impact of the current economic recession on the academic achievements of undergraduate students enrolled in private universities in the Colombo district. A sample of 380 undergraduate students was selected from a population of around 40,000 using cluster sampling, and data were collected via online questionnaires. The study employed a quantitative research approach, with multiple linear regression analysis conducted using SPSS. Independent variables of this study are the economic status of students’ families, ability to fulfil academic needs, students’ expectations, and mental health, while academic performance is the dependent variable. The research findings highlight how mental health and the ability to fulfil academic needs make a considerable impact on academic performance. Therefore, expanding future studies is highly recommended to investigate the comprehensive picture of the impact on undergraduate students in Sri Lanka.