Public and Private Institutional Elements for Inclusive and Sustainable Development: How Far Do They Deliver?

Kritsada Patluang
Additional contact information
Kritsada Patluang: Chiang Mai University, Thailand

International Journal of Social Ecology and Sustainable Development (IJSESD), 2021, vol. 12, issue 4, 92-107

Abstract: This article contributes to sustainable development literature by extending the investigation on diversified public and private institutional elements and the link between them and a broader spectrum of inclusive and sustainable features. The study utilizes the World Economic Forum's data of related variables for 30 developed countries. The countries are competitively ranked based on the quality of each of the above institutional and development elements. Then, nonparametric Spearman's rank correlation tests are performed for the pairs of each institutional and respective development constituent. The assumption behind the tests is that a country with better qualities of institutional factors is also in a position with higher levels of inclusive and sustainable development. Significant positive associations are found for most of the institutional factors, and employment and eco-adjusted savings elements while significant negative relationships are found for most of the institutional factors and poverty, Gini coefficient (inequality), and carbon intensity elements.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://services.igi-global.com/resolvedoi/resolve. ... 18/IJSESD.2021100108 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:igg:jsesd0:v:12:y:2021:i:4:p:92-107

Access Statistics for this article

International Journal of Social Ecology and Sustainable Development (IJSESD) is currently edited by Elias G. Carayannis

More articles in International Journal of Social Ecology and Sustainable Development (IJSESD) from IGI Global
Bibliographic data for series maintained by Journal Editor ().