08 May 2019

Dr. Hanan Nasser has participated in the International Conference on Banking, Finance and Commercial Studies in Muscat, Sultanate of Oman

Dr. Hanan Nasser has participated in the International Conference on Banking, Finance and Commercial Studies in Muscat, Sultanate of Oman, under the title: Economic Development and Environmental Sustainability: A Guide from Bahrain. While the concept of the Kuznets curve (EKC), which links economic growth with environmental degradation, is clear, there is disagreement about its shape, extent, and limitations. This study examines the EKC hypothesis in Bahrain and assesses the impact of electricity consumption, FDI and fiscal development on emissions Carbon dioxide using time series data for the period 1980-2014. The results indicated a long-run upside relationship in the form of U-letter between carbon dioxide emissions and economic growth, confirming the existence of the Kuznets environmental curve (EKC) in Bahrain. In other words, economic growth in Bahrain raises the level of environmental emissions until it reaches a certain threshold of per capita income and then begins to decline. In addition, while electricity consumption continues to increase the level of CO 2 emissions, increasing foreign direct investment leads to improved air quality in Bahrain. Based on these results, Bahrain should reduce emissions by expanding carbon dioxide recovery plant projects and investing more in energy research to achieve efficient electricity generation.

 

DrHana ConferrenceApr2019

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