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Book part
Publication date: 9 March 2021

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Global Tariff War: Economic, Political and Social Implications
Type: Book
ISBN: 978-1-80071-314-7

Book part
Publication date: 9 March 2021

Begum Sertyesilisik and Egemen Sertyesilisik

Sustainability performance of the global trade as well as of the traded products are affected by the trade policies and trade tariffs. Trade tariffs and policies can either…

Abstract

Sustainability performance of the global trade as well as of the traded products are affected by the trade policies and trade tariffs. Trade tariffs and policies can either encourage or discourage trade among the countries affecting feasibility of trade. In other words, the scope and amount of these trade tariffs have impact on the trade globally. Based on an in-depth literature review, this chapter aims to examine impacts of the trade policies and trade tariffs on the environmental footprint of the global trade. With this aim, recent trade policies and trade tariffs as well as roles of the trade policies, trade tariffs in reducing environmental footprint of the global trade are examined. It arrives at the conclusion that trade tariffs can affect environmental footprint of the global trade as well as of the traded products. They can have impact on the feasibility of the trading activities influencing their profit margins and costs. Based on these findings, recommendations for trade policies and trade tariffs are thereby provided to enhance sustainability performance of the global trade.

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Global Tariff War: Economic, Political and Social Implications
Type: Book
ISBN: 978-1-80071-314-7

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Book part
Publication date: 6 February 2023

Egemen Sertyesilisik and Mehmet Akif Ceylan

World has started to observe important level of global warming fostered by the industrial growth which resulted in the increase in CO2 emissions and in the environmental pollution…

Abstract

World has started to observe important level of global warming fostered by the industrial growth which resulted in the increase in CO2 emissions and in the environmental pollution (e.g. water and air) affecting total factor productivity growth. Energy is vital for all industries and their growth. Energy generation and energy intensiveness affect carbon emissions. Energy generation relies on water as water is a vital input to the energy generation. Furthermore, water supply is affected by the energy supply and energy dependence. Water is at the core of the industrial growth. It is vital for all productions. Water scarcity problem is becoming more severe due to the climate change. Some regions and countries are more vulnerable to the water scarcity. Middle East countries face significant water scarcity problem. Among these countries Jordan stands out as one of the most vulnerable countries with respect to water scarcity. This chapter emphasises the importance of green and sustainable total factor productivity. Despite of their recent water policies, Jordan started to experience adverse consequences of severe water scarcity problem. The dependence of and relationship between energy and water are vital pillars of economic growth. There is carbon trade-off in their supply. For this reason, conservation capital policies can affect productivity and efficiency. Middle East has scarce water resources and can be affected due to the climate change. Jordan faces most water scarcity among Middle East Countries. This chapter aims to investigate the interaction between industrial growth and climate change as well as their effects to Jordan’s water resources and economy. Furthermore, this chapter emphasises water scarcity problem and water policies in Jordan. This chapter provides recommendations for preventing environmental degradation and mitigating water scarcity problem of Jordan so that its industrial growth can be sustained and its economic growth can become more resilient to the climate change. This chapter is expected to be useful to academics, policy makers, and politics in the relevant field.

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The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

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Book part
Publication date: 3 June 2021

Egemen Sertyesilisik and Begum Sertyesilisik

Resilience of the economy is related with its ability to cope with the challenges (e.g., economic and environmental crises). Economies need to be resilient as countries having…

Abstract

Resilience of the economy is related with its ability to cope with the challenges (e.g., economic and environmental crises). Economies need to be resilient as countries having resilient economy can enhance welfare of their people and achieve sustainable development (SD). Total factor productivity can be improved through smart technologies, smart workforce, and innovations. It requires holistic and systematic as well as strategic approach as it is directly related with the SD of the countries and welfare of their people. It is directly related with the policies covering all these main aspects with the long-term, systematic, and holistic view. Resilient economies need to enhance their resilience to keep them resilient despite of the changes which can act as threats in the future. Resilience of the economy necessitates transformation of the manufacturing industry (MI) into the sustainable, smart, circular, and global one. In this way MI's competitiveness can be enhanced. For this reason, based on an in-depth literature review, this chapter aims to examine ways for enhancing resilience of the global economy through smart, circular, and competitive MI. Specific focus is on the policies fostering the transformation of the MI into the sustainable, smart, circular, global, and innovative one. This chapter emphasizes the importance of and need for the productivity-based resilient economy. Policy makers, academics, and researchers in the relevant field can get benefit from this chapter.

Book part
Publication date: 17 May 2024

Egemen Sertyesilisik and Begum Sertyesilisik

The COVID-19 pandemic affected entire humanity, sustainable development and international trade. Even if international trade is in the recovery phase, COVID-19 pandemic's adverse…

Abstract

The COVID-19 pandemic affected entire humanity, sustainable development and international trade. Even if international trade is in the recovery phase, COVID-19 pandemic's adverse effects on sustainable development and trade continue to be experienced globally. Furthermore, break out of the war in Ukraine (WIU) further affected not only Ukraine and Russia but also other countries. Countries have started to experience adverse impacts of the WIU more deeply as this war continues. From the global sustainable development and trade perspectives, the WIU impacts' magnitude is affected by the significance of Ukraine and Russia's role in and contribution to the global economy and trade (e.g. agriculture, energy). All countries, including developed, developing and under-developed countries, have started to be affected at different levels due to the adverse impacts of this war. Based on an in-depth literature review, this chapter aims to investigate the WIU's impacts on global sustainable development and international trade. Furthermore, effects of the WIU on climate change and on the fight against climate change are investigated within the scope of this chapter. This chapter is expected to be useful to all stakeholders of sustainable development including politicians and researchers.

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International Trade, Economic Crisis and the Sustainable Development Goals
Type: Book
ISBN: 978-1-83753-587-3

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Book part
Publication date: 3 June 2021

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Productivity Growth in the Manufacturing Sector
Type: Book
ISBN: 978-1-80071-094-8

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Book part
Publication date: 9 June 2022

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Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies
Type: Book
ISBN: 978-1-80262-154-9

Content available
Book part
Publication date: 6 February 2023

Abstract

Details

The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

Content available
Book part
Publication date: 14 August 2023

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Gender Inequality and its Implications on Education and Health
Type: Book
ISBN: 978-1-83753-181-3

Book part
Publication date: 19 July 2023

Egemen Sertyesilisik and Mehmet Akif Ceylan

Water resources play a significant role in economic growth and socio-economic development. Jordan experiences water scarcity. As the water resources can be used in manufacturing…

Abstract

Water resources play a significant role in economic growth and socio-economic development. Jordan experiences water scarcity. As the water resources can be used in manufacturing and agriculture, their sustainable use and solutions to water scarcity problem can contribute to the sustainable economic and socio-economic development in Jordan. Furthermore, there are political and economic aspects of Jordan’s water scarcity. Jordan is trying to solve its water scarcity problem through projects. Based on an in-depth literature review, this chapter aims to investigate Jordan’s water scarcity problem, highlighting its political and economic aspects and their impacts on socio-economic development, and to propose solutions to the water scarcity problem in Jordan. Water is vital for economic development and political stability in Jordan. It is important for Jordan to use its water resources in an efficient, effective and sustainable way so that socio-economic development of Jordan can be supported. Unsustainable use of water resources can cause depletion of Jordan’s scarce water resources, which can exacerbate magnitude of water resource problem and hinder socio-economic development. This chapter can be beneficial to economists, politicians and academics.

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Inclusive Developments Through Socio-economic Indicators: New Theoretical and Empirical Insights
Type: Book
ISBN: 978-1-80455-554-5

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