What is it about?
The paper examines the linkage between environmental challenges, multinational corporations (MNCs) activities, trade and energy in Africa; and further elaborate on the role of institutions, as an intervening variable. It was found that Trade and MNCs’ activities may not have much contemporaneous impact on the environment. However, their lagged values have adverse and significant influence on the current values of environmental challenge. The implication is that environmental policies regarding trade and MNCs require time response lag. Energy was significant only at contemporaneous value but not at its lagged value. Institutional development helps to suppress the negative excesses (like pollution) from the activities of trade, MNCs and energy, and consequently reduce environmental pollution
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Why is it important?
The paper brings on baord the role of institutions in the environmental pollution, trade, MNCs and energy debate.
Perspectives
Empirical studies in this regard have inadvertently excluded the role of institutions,which we have examined. This will thus enhance the qulaity of policy recommendations with respect to environmental issues in developing countries
Prof Evans S Osabuohien
Covenant University
This study presents a unique perspective to the issue of environmental degradation in developing countries by considering the role of political institutions. As it is well documented, the role of institution in the development processes of countries is critical. In this study, we took this further by demonstrating how the development of this important component can help developing countries to cub the adverse effect of environmental pollution.
Dr Uchenna Rapuluchukwu Efobi
Covenant University
Read the Original
This page is a summary of: Environment challenges in Africa: further dimensions to the trade, MNCs and energy debate, Management of Environmental Quality An International Journal, January 2015, Emerald,
DOI: 10.1108/meq-04-2014-0058.
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