Is There Any Correlation Between Poverty, Income Inequality, and Environmental Degradation in Low-Income Countries?

Rosmaiza Abdul Ghani, Thomas Soseco () and Nur Azwani Mohamad Azmin
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Rosmaiza Abdul Ghani: Universiti Teknologi MARA Malacca Branch, Faculty of Business and Management
Thomas Soseco: Universitas Negeri Malang, Faculty of Economics and Business
Nur Azwani Mohamad Azmin: Universiti Teknologi MARA Terengganu Branch, Faculty of Business and Management

A chapter in Proceedings of the International conference of Economics Business and Economics Education Science (ICE-BEES-24), 2024, pp 848-858 from Springer

Abstract: Abstract Comprehensive and integrated solutions that address economic, social, and environmental factors are imperative to effectively tackle the complex interrelation between poverty, income inequality, and environmental degradation in low-income countries. To break the cycle of degradation and improve the well-being of vulnerable communities, efforts to alleviate poverty and reduce income inequality must go hand in hand with strategies for sustainable environmental management. Establishing a direct relationship between poverty, income inequality, and environmental degradation in low-income countries is crucial. If such a connection exists, it would have significant implications for policymakers and stakeholders addressing these challenges. The study employed advanced statistical techniques such as panel data regression with the Driscoll Kray coefficient estimator to explore the intricate relationship between poverty, income inequality, and environmental degradation in low-income countries. The study’s findings are significant as they shed light on the key factors contributing to these countries’ environmental degradation, allowing governments and policymakers to take informed actions toward sustainable development.

Keywords: Environment; Degradation; Low-Income Countries; Poverty; Inequality (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-522-5_64

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