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In La Moitié de la Gloire, Axel Mayenfisch's documentary about the 1952 Swiss expedition to Chomolungma (Mount Everest), André Roch recalls how the retreating climbers simply abandoned much of their gear, either leaving it where it was or "throwing it into holes [crevasses]." Roch's tale was by no means unusual, as mountaineers at that time gave little thought to what became of their waste. By the 1970s, however, climbers were becoming increasingly aware of their impact on the environment. The resulting change of attitude led many mountaineering organizations to take concrete steps to protect the mountains (e.g., cleanup campaigns) and to issue waste management guidelines for trips into the high mountains. The Union internationale des associations d'alpinisme 1982 Kathmandu Declaration—a charter of ten principles for achieving greater harmony with the mountain environment—was an important milestone in this process. Drawing on documents held in the extensive archives of the Union internationale des associations d'alpinisme, the current paper retraces the path that led to the Kathmandu Declaration and the process by which the environment became an important aspect of the aforementioned organization's work. It also examines the hypothesis that the organization has progressively adopted a conservationist stance toward protecting nature; its aim is to reconcile environmental protection and economic development (especially tourism). The history of the Kathmandu Declaration supports this hypothesis, as it shows how the notion of sustainable development, which emerged in the 1980s, came to dominate conceptions of mountain protection. [ABSTRACT FROM AUTHOR]

In numerous developing nations, challenges such as insufficient investment in innovation and limited capabilities for conversion impede the growth of the construction sector, thus affecting the overall economic well-being of these regions. This paper focuses on construction industry innovation (CII) and its correlation with region economic development (RED), providing valuable insights to overcome these challenges and promote sustainable economic advancement. This study references existing literature to devise an evaluation indicator system dedicated for CII and RED. It then proceeds with an empirical analysis of the integration and synergy between CII and the economic development across 31 Chinese provinces from 2012 to 2021. Furthermore, this paper employs ArcGIS and Geoda software to meticulously dissect the spatial distribution characteristics underlying this coordination. The main conclusions are succinctly summarized as follows: CII in China is intricately connected to RED, exhibiting a strong connection that diminishes from south to north. Nonetheless, the coordination level between these factors remains relatively low, with notable regional disparities, particularly from southeast to northwest. The primary obstacles to effective coordination are related to innovation input, output, and economic scale. Additionally, spatial correlation analysis demonstrates pronounced regional clustering, showing stability despite slight fluctuations over the study period. This research underscores the concept of coupling coordination between CII and RED, underpinned by scientific analytical methods. The outcomes provide a definitive guide for advancing the transformation and enhancement of the construction industry while promoting RED. [ABSTRACT FROM AUTHOR]

In response to the challenges of accurate identification and localization of garbage in intricate urban street environments, this paper proposes EcoDetect-YOLO, a garbage exposure detection algorithm based on the YOLOv5s framework, utilizing an intricate environment waste exposure detection dataset constructed in this study. Initially, a convolutional block attention module (CBAM) is integrated between the second level of the feature pyramid etwork (P2) and the third level of the feature pyramid network (P3) layers to optimize the extraction of relevant garbage features while mitigating background noise. Subsequently, a P2 small-target detection head enhances the model's efficacy in identifying small garbage targets. Lastly, a bidirectional feature pyramid network (BiFPN) is introduced to strengthen the model's capability for deep feature fusion. Experimental results demonstrate EcoDetect-YOLO's adaptability to urban environments and its superior small-target detection capabilities, effectively recognizing nine types of garbage, such as paper and plastic trash. Compared to the baseline YOLOv5s model, EcoDetect-YOLO achieved a 4.7% increase in mAP0.5, reaching 58.1%, with a compact model size of 15.7 MB and an FPS of 39.36. Notably, even in the presence of strong noise, the model maintained a mAP0.5 exceeding 50%, underscoring its robustness. In summary, EcoDetect-YOLO, as proposed in this paper, boasts high precision, efficiency, and compactness, rendering it suitable for deployment on mobile devices for real-time detection and management of urban garbage exposure, thereby advancing urban automation governance and digital economic development. [ABSTRACT FROM AUTHOR]

In the context of sustainability, the integration of renewable energy into industrial processes not only minimizes dependence on fossil fuels but also contributes to the efficient management of industrial waste. By transforming organic waste, including agri-food and urban waste, into biogas, green energy can be generated, thus reducing the impact on the environment and closing the loop of material used in the economic circuit. Thus, a sustainable system can be promoted, where resources are continuously reused and exploited. Statistical methods and a decision tree with the Classification and Regression Trees (CRT) algorithm were employed to analyze data. The paper focuses on the importance of industrial waste and biogas for the generation, transformation, and consumption of energy in the EU (European Union)-27 countries. To provide a thorough analysis, we have divided these countries based on real gross domestic product (GDP) per capita, grouping them above/below the annual average for the period 2012–2021/2022. Descriptive statistics revealed observable differences between the two groups, but the paper aimed to provide evidence regarding the existence of these differences as statistically significant. Using the Kolmogorov–Smirnov test, the non-normal distribution of the data was confirmed, requiring non-parametric inferential methods. The Mann–Whitney U test revealed statistically significant differences between the two groups for all the studied variables. This comprehensive approach highlights the distinct energy-related characteristics influenced by economic development in the EU-27. [ABSTRACT FROM AUTHOR]

This paper argues that urban-regional income development depends on a larger fabric of economic relations at the national and international levels. Focusing on Core-Based Statistical Areas (CBSAs) in the US, the paper identifies firms' subsidiary networks across space and their changes over time. These networks form a basic architecture through which important growth impulses in production and innovation are transmitted that impact urban income levels. Using a balanced panel of U.S. CBSAs with LexisNexis Corporate Affiliations data from 1993 until 2017, we develop a model that examines the relationship between national and international connectivity and urban income levels, differentiated by origin/destination of ties, industrial sectors, and various interaction effects. Our results strongly support that linkages at both the national and international scale (particularly linkages with European locations) are significantly related to urban-regional income development. [ABSTRACT FROM AUTHOR]

Purpose: Differences in annual publication counts may reflect the dynamic of scientific progress. Declining annual numbers of publications may be interpreted as missing progress in field-specific knowledge. Design/methodology/approach: In this paper, we present empirical results on dynamics of progress in economic fields (defined by Journal of Economic Literature (JEL), codes) based on a methodological approach introduced by Bornmann and Haunschild (2022). We focused on publications that have been published between 2012 and 2021 and identified those fields in economics with the highest dynamics (largest rates of change in paper counts). Findings: We found that the field with the largest paper output across the years is "Economic Development". The results reveal that the field-specific rates of changes are mostly similar. However, the two fields "Production and Organizations" and "Health" show point estimators which are clearly higher than the estimators for the other fields. We investigated the publications in "Production and Organizations" and "Health" in more detail. Originality/value: Understanding how a discipline evolves over time is interesting both from a historical and a recent perspective. This study presents results on the dynamics in economic fields using a new methodological approach. [ABSTRACT FROM AUTHOR]

International soft law is not legally binding, but nevertheless it embodies mainstream values and influences the formation of hard law in global governance. Marine fisheries have become important arenas of global governance, in which developing states are crucial participants. The interactions between soft law and hard law in global marine fisheries can be mainly summarized as follows: soft law can be the precursor for hard law and be implicitly introduced into hard law to enhance normativity; hard law can also be incorporated into soft law. This paper explores the IUU fishing case to illustrate the significant role of soft law on international fisheries law and identify gaps in global marine fisheries governance. The development of international instruments to combat IUU fishing within FAO undergoes a process from voluntary to legally binding with the engagement and promotion of some developed states for their benefits. But IUU fishing concept is defective in its drafting as well as in practical application and indicates the value of emphasizing conservation over economic and social development, which is contrary to the principle of sustainable development and fails to meet the requirements of the developing states. The paper suggests to fill this gap by converting existing values in soft law to foster fishing rules that benefit all states and provide some insights towards this direction. [ABSTRACT FROM AUTHOR]

As Kosovo endeavors to meet global standards amidst rapid technological advances and increasing international market demands, its path to sustainable development encounters notable obstacles. This research paper investigates the challenges faced by the Kosovo's business sector, stemming from a significant lack of qualified workforce. This shortage impedes not only competition and business growth but also stifles innovation, adaptation to technological advancements, and overall expansion. This study methodically examines the repercussions of this skills deficit on local enterprises through a detailed statistical data analysis, interviews with business representatives, and an extensive review of prior research. Additionally, it assesses how visa liberalization could influence the local labor market by potentially intensifying brain drain--where skilled individuals might emigrate in search of better opportunities, thereby further depleting local talent pools. The paper proposes targeted recommendations to enhance educational systems, vocational training, and workforce development strategies. These suggestions aim to foster sustainable, innovative, and vigorous economic growth, enabling Kosovo to integrate more effectively into the global economy and harness the advantages of increased labor mobility. This analysis provides critical insights into strategic planning necessary to overcome labor market challenges, crucial for Kosovo's economic and social progression. [ABSTRACT FROM AUTHOR]

Economic historians researching other countries, Australian economic historians employed outside Australia (but retaining links with home), and well-known non-Australian economic historians, who spent some of their careers in Australia, are afforded comparatively little attention. I Australian Economic History i is very much an appeal to universities and policy-makers - not to mention historians and economists - to recognise the role that economic history can play in solving the big challenges of our time. A somewhat peculiar dimension of Wright's account is its emphasis on Australian-based economic historians working primarily on Australian economic history. [Extracted from the article]

The paper investigates the determinants of corruption in Russia based on an original survey of 1,376 businesspeople in 39 regions. Regression analysis reveals economically and statistically significant correlations between bribes, development, and state intervention in the economy. Using the instrumental variable of geographical location, this paper provides supportive evidence for a causal (negative) relationship between prosperity and bribes. It finds a positive correlation between regional corruption and state ownership and a negative one between corruption and the size of the bureaucracy. These results hold for both perceived and experiential corruption. This paper contributes to the investigation of corruption in Russia and post-communist countries. It illustrates the importance of economic development, effective bureaucracy, and the reduction of state property for mitigating corruption. [ABSTRACT FROM AUTHOR]

Researches on the Porter hypothesis have paid more attention to the effect of the external constraint force of environmental regulation on green total factor productivity (GTFP), while ignoring the effect of internal force of market competition on GTFP. Using the panel data of Chinese manufacturing industries, this paper measures China's GTFP with the global frontier MML index which is based on the EBM model. The paper then studies the effect of environmental regulation and market competition on GTFP. The combined effect of environmental regulation and market competition on enhancing GTFP is further investigated. The results are as follows: 1) The GTFP of the manufacturing industry has progressed during the study period and the progress of green technology plays a crucial role in promoting GTFP improvement. 2) The environmental regulation and market competition both have an obvious nonlinear effect of U-type on GTFP. Relying solely on the external constraint force of environmental regulation or the internal force of market competition does not promote the improvement of GTFP quickly. 3) As for the combined effect, improving market competition is beneficial to the positive effect of environmental regulation on GTFP. Market competition and environmental regulation show a significant combined positive effect, accelerating the arrival of environmental regulation inflection point. Thus the rapid improvement of GTFP requires the combined effect to be effectively exerted. However, only when the level of environmental regulation is strong or the level of market competition is high can a combined positive effect appear. The conclusion provides China with a meaningful reference for better implementing the policy of environmental regulation and market-oriented reforms to promote green economic transformation. [ABSTRACT FROM AUTHOR]

Urbanization and the release of carbon emission are two significant features of contemporary economic and social progress in China. However, there are few studies that consider how urbanization policy goals affect carbon emission. This paper aims to study the nonlinear effects of urbanization policy goals on carbon emission in 13 cities of the Beijing-Tianjin-Hebei region. In this paper, a multi-dimensional spatial disturbance grey model is proposed. Based on matrix perturbation theory, this paper explores the spatial perturbation bounds of the novel model and verifies that the spatial property of the model is consistent with the viewpoint of the First Law of Geography. Then, the novel model is used to predict the urban carbon emission under different urbanization policy goal scenarios. The results showed that the novel model has spatial regional correlation in spatial region prediction. With the development of urbanization level, carbon emissions show a downward trend in more than 50% of cities from 2022 to 2025. In addition, the improvement of urbanization policy goals will promote the carbon peak time of most cities. The carbon emission intensity will exhibit an inverted U-shaped trend distribution in space. The research results are conducive to providing scientific guidance for the formulation of new-type urbanization policies and helping to achieve the dual carbon goals. • A multi-dimensional spatial disturbance grey model is proposed. • The novel grey model is consistent with the viewpoint of the First Law of Geography. • The spatial distribution of carbon intensity showed an inverted U-shaped pattern. [ABSTRACT FROM AUTHOR]

This paper examines the complex nexus between regulation and inequality in Zimbabwe's microfinance and tourism sectors. Rural Small to Medium Enterprises in Tourism (SMETs) is typical in the informal sector. However, SMETs in rural areas face financial, regulatory, and exclusionary constraints. This paper follows a qualitative literature review methodology guided by an exploratory design. In addition, one secondary case study was included to highlight the lived realities of SMETs. Findings indicate a complex connection between regulation and inequality in the economy. Overregulation leads to corruption, marginalization, and exclusion of small business activities. SMETs are constrained because they need access to finance for business growth. Thus, the nexus between the two variables profoundly impacts policy. The government must entangle the relationship for policy directions in the microfinance and tourism sectors. The paper concludes that the nexus between regulation and inequality needs urgent attention. The paper's originality is based on using a systematic literature review to assess how regulations affect microfinance's ability to fund rural SMETs so that these areas could have economic opportunities that would improve the livelihoods of people residing in these areas, thereby addressing inequalities. Furthermore, it contributes to the debates on the complex relationship between regulation and inequality of two sectors (microfinance and tourism) in Zimbabwe. It also informs future lines of research on the subject. Due to noted limitations on the research design used, more comprehensive empirical studies are required to understand the complexity of the nexus. [ABSTRACT FROM AUTHOR]

Haze pollution not only affects the quality of economic growth and the image of the government, but also seriously affects public health. With the improvement of climate risk perception, the public is actively seeking all kinds of risk management measures to combat the hazards of haze pollution. The study of the relationship between haze pollution, climate risk perception and the development of commercial health insurance is of great significance to the formulation of haze control policies and the improvement of social security system. This paper attempts to explore the relationship between haze pollution, climate risk perception and commercial health insurance demand by establishing static and dynamic models based on panel data from 31 provinces in China from 2005 to 2022. Also, the spatial spillover effects of haze pollution in different regions on the development of commercial health insurance in other regions are investigated by establishing a spatial Durbin model. It is found that (1) haze pollution has a lagged positive effect on the demand for commercial health insurance; (2) haze pollution has a significant spatial spillover effect on the development of commercial health insurance; (3) this study used Python technology to construct a climate risk perception index, and found that the moderating effect of the residents' perception of climate risk existed significantly, and that the residents might take other measures to manage the risk in the short term, but in the long term, the climate risk perception showed a positive correlation with the level of education. This paper provides implications for government departments and social media to strengthen education and publicity, improve residents' awareness of risk diversification, and deepen the concept of commercial health protection. [ABSTRACT FROM AUTHOR]

Regular, inclusive, and country-driven Voluntary National Reviews (VNRs) of sustainable development goals (SDGs) are being conducted by many countries across the globe in the quest to realign development priorities toward Agenda 2030. However, there are limited studies on the progress of the implementation of SDGs. This paper used literature review and document content analysis to review the VNRs from East Africa for the first time in order to explore their reporting practices and document the progress of SDG implementation. Results substantiate that Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan are committed to achieving a high quality of life for their people through periodic VNR reporting. To augment, these positive efforts, countries have established a favorable multi-stakeholder legal and policy environment for SDG implementation. Moreover, remarkable impacts have been witnessed, including; reduced poverty, improved access to basic services, enhanced environmental protection, improved economic growth, improved gender equality, and improved stakeholder participation in sustainable development. Additionally, global best practices on SDG implementation are emerging from the region, especially through the tendency to formulate national strategies and policies targeting specific development sectors and resources. However, results also show that there are numerous social-political, economic, and environmental barriers to achieving the SDGs. As such, this paper recommends increasing SDGs awareness, building technical capacity, leveraging technology, fostering transparency and accountability, encouraging collaboration, addressing cultural barriers, and supporting political stability. Implementing these interventions can help to promote sustainable development in the region. [ABSTRACT FROM AUTHOR]

The paper explores the complex interplay between economic development and environmental sustainability in the context of India's pursuit of the Sustainable Development Goals (SDGs). It examines the inherent contradictions and trade-offs involved, particularly in agriculture, industrialisation, and infrastructure sectors. The paper highlights how economic growth, essential for improving living standards, often conflicts with environmental objectives. The paper underscores the importance of integrating economic, environmental, and social objectives to achieve a sustainable and inclusive future for India. [ABSTRACT FROM AUTHOR]

This paper proposes and probes the plausibility of a framework to explain how business associations position themselves politically as trade-related sustainability obligations get stronger. An analysis of the submissions of EU business associations during a consultation on trade and sustainability indicates that firm-level and organisational characteristics explain well trade associations' political cleavages. The paper can provide new insights to help understand a major development in the EU and beyond. The EU is passing through an unprecedented shift in its approach to trade and sustainability as it is likely to rely on legal sanctions to enforce sustainability commitments in trade agreements. Understanding the position of EU business interests in that process is relevant to project the consequences of such shift. Besides, as sustainability provisions in trade agreements get stronger, associations may play an ever-important role in promoting their members collectively or in shielding them from reputational costs. Understanding their political positioning is thus key to understanding the very politics of trade and sustainable development. [ABSTRACT FROM AUTHOR]

The land question is an emotive issue across the world. At independence, erstwhile colonies adopted land reforms to address colonial imbalances in landholding. South Africa is one such country that has embarked on land reforms with the view to correcting economic imbalances created by the apartheid past. However, land reform in South Africa has not only been slow but has failed to deal with the twin challenges of poverty and inequality. Using qualitative research design and neoclassical theory, this paper investigates South Africa's land reforms under the auspices of radical economic transformation. The paper argues that the wholesale expropriation of land without compensation does not fit into the obtaining (neoliberal) economic blueprint that has dominated the country over the years. The call for a radical transformation of landholding rights in the country without structural changes in macroeconomic management remains political rhetoric. [ABSTRACT FROM AUTHOR]

Ecological civilization construction is an important dimension to achieve high-quality economic development. This paper evaluates the eco-efficiency improvement effect of China's ecological civilization pilot zone policy utilizing the synthetic control method (SCM) differences-in-differences method (DID) and examines the influence mechanism of ecological civilization pilot zones on eco-efficiency in the light of the environmental pollution penalty, green technological innovation, and environmental publicity and education. The study results indicate that the construction of the ecological civilization pilot zone policy has substantially boosted eco-efficiency in the pilot areas, with the strongest boosting effect on eco-efficiency in Fujian province, followed by Guizhou province, and not significantly on eco-efficiency in Jiangxi province. Further, this paper also reveals that the construction of ecological civilization pilot zones has effectively contributed to eco-efficiency through channels such as strengthening the environmental pollution penalty, stimulating green technological innovation, and broadening environmental publicity and education. [ABSTRACT FROM AUTHOR]

Most of the literature on the politics of industrial policy describes a policy realm that is dominated by business–state relations. This paper goes beyond this and proposes that, in democratic settings, political competition and civil society actors also play a vital role in industrial policy. Through a lens focused on Brazil during the 2000s, the study delves into the dynamics between the election of a centre-left party and the subsequent industrial policy, highlighting the interplay of democratic mandates, entrenched economic interests, and supportive developmental alliances. Notably, the continuation of a centre-left coalition and consistent institutional frameworks witnessed considerable shifts in industrial policy outcomes, which allows for an in-depth evaluation of interest group influence on policy formation and implementation. By triangulating data from 23 interviews with actors in the industrial policy process, data from the Brazilian National Development Bank (BNDES), and an analysis of industrial policy plans, this paper posits that the prevalence of economic issues in the electoral debate and the participation of societal actors in the policymaking process are enablers of innovation-focused industrial policies; this allows governments to countervail the power of incumbent sectors and undertake policies that are not favoured by the prevailing business interest. [ABSTRACT FROM AUTHOR]

Under the background of rapid global economic transformation, the influence of economic policy uncertainty (EPU) has penetrated all fields of production and life. It is significant to study how it affects the regional carbon emission intensity for regional sustainable development. Based on the data from 30 provinces from 2004 to 2017, this paper takes a complete account of spatial heterogeneity and the dynamic impact of economic policy uncertainty on carbon emission intensity using a spatial econometric model. The main conclusions are as follows: (1) For more than ten years, there have been significant differences and instabilities in economic policy uncertainty and carbon emission intensity in different regions of China. (2) China's local carbon emission intensity shows an objective spatial aggregation effect, which is significant, spatially auto-correlated and clustered. (3) Based on the national level, economic policy uncertainty will significantly increase the regional carbon emission intensity. Additionally, economic policy uncertainty has a significant positive spatial spillover effect, which may increase carbon emission intensity in neighboring provinces. (4) Based on the provincial level, the impact of economic policy uncertainty on carbon emission intensity in various regions is significantly positive, with the most significant impact on the western region. Based on the above conclusions, the paper proposes policy suggestions to stabilize the regional carbon emission intensity in all directions. [ABSTRACT FROM AUTHOR]

• A system of indicators has been established for the high-quality economic development index developed by the Chinese government. • High-quality economic development is divided into five dimensions. • Reliance on the resource industry has significantly reduced the level of high-quality economic development. • The theoretical mechanisms of the impact of resource industry dependence on high-quality development are analyzed. • Government governance capacity weakens the impact of resource industry dependence on high-quality economic development. In resource-dependent regions, the meaning of high-quality economic development has yet to be clarified by published research, despite substantial scholarly interest in the topic. With the help of the economic development index developed by the Chinese government, this paper accurately measures high-quality economic development in 30 provinces in China and investigates how resource dependence and government governance capability affect regional high-quality economic development. Research has found that resource industry dependence has a significant inhibitory effect on high-quality economic development. Additionally, the analysis of the mechanisms revealed that resource industry dependence reduces high-quality economic development through a series of effects including crowding out innovation, weakening coordination, lagging green development, hindering global openness, and sharing in weakening. Further research has revealed that government governance capacity weakens the impact of resource industry dependence on high-quality economic development. A detailed analysis of three subsystem indicators of government governance capacity, namely policy planning, capability commitment, and performance assessment, indicates that they all have a weakening effect. To this end, the paper proposes policy recommendations, including increasing innovation inputs, advancing industrial restructuring, promoting green development, enhancing marketization levels, and constructing a diversified employment system. These measures aim to transform resource disadvantages into resource advantages and facilitate high-quality economic development. [ABSTRACT FROM AUTHOR]

The paper explores the historical and philosophical roots of economic thought, drawing connections between the entrepreneurial mindset and the scholastic traditions that have shaped the conceptual landscape of free markets. Through a multidisciplinary approach, the paper examines how religious and scholastic influences have contributed to the development of economic ideas, providing a nuanced understanding of the ethical dimensions inherent in entrepreneurial endeavors. By unraveling the threads that connect entrepreneurship, prayer, and scholasticism, this paper also seeks to illuminate the symbiotic relationship between faith, intellectual heritage, and the principles that underpin free-market economies. [ABSTRACT FROM AUTHOR]

Against the backdrop of the current political developments in Central and Eastern European (CEE) countries, such as Ukraine, Poland, and Romania, the question arises as to the role played by economic transformation and the resulting innovation linkages in these countries over the last 20 years. The main purpose of this paper is to explore the impact of economic and institutional dimensions on the development of CEE countries, explicitly distinguishing between European Union (EU) members and non‐members, and thus reflecting the differences in institutions and path dependency. Furthermore, the paper contrasts the performance of CEE countries with that of Western European countries. To achieve these objectives, the impact of factors such as innovation, institutions, and political practices on the economic development of 37 European countries from 2000 until 2020 is followed using fixed effects regression and Ordinary least squares (OLS) regression. The results of the analysis show the importance of institutional factors such as low levels of corruption, political freedoms, and intellectual property. The effect of institutional variables was particularly pronounced in the case of non‐EU countries, which indicates the particular importance of the development of stable institutions for achieving higher levels of economic development for this category of countries. [ABSTRACT FROM AUTHOR]

Entrepreneurs play a crucial role in fostering innovation and fuelling economic growth. China has recently sought to increase entrepreneurial intention in university students by providing entrepreneurship education based on the model deployed by universities in Western cultures. Additionally, a longstanding challenge for universities has been the wellbeing of their students. The COVID-19 pandemic exacerbated this issue, leading to enhancing the wellbeing of university students being declared a global priority. Consequently, by drawing on a framework of conservation of resources theory, the purpose of this paper is to conceptually develop and empirically validate a model for enhancing entrepreneurial intention and wellbeing in university students. The data were collected in December 2022 and January 2023. A total of 952 undergraduate students completed the questionnaire, with 476 responses from China and 476 from the UK. Findings indicate (i) positive associations between self-perceived academic performance and individual entrepreneurial intention, whereby self-perceived employability mediates the relationship, (ii) positive associations between serious leisure and wellbeing, whereby self-perceived employability mediates the relationship, and (iii) the country moderates the association between (a) serious leisure and wellbeing, and (b) serious leisure and self-perceived employability, whereby the association is stronger for China than for the UK. The theoretical contribution comes from constructing and empirically validating a model, evidencing alignment and divergence by country concerning acquiring specific personal resources via self-perceived academic performance, serious leisure, and self-perceived employability. Practical and policy implications arise from suggesting how higher education institutions can support their students to enhance individual entrepreneurial intention and wellbeing. [ABSTRACT FROM AUTHOR]

An area of debate in development economics is how financial openness affects economic development. In spite of considerable research, there is no consensus. This is because there are many financial openness indices, so the results are not robust to variations in the index, as discussed in Gräbner et al. (2021). Due to the possibility of different initial conditions, different levels of development, and/or different stages of transitions, the effect of financial openness could vanish without considering these factors. Therefore, this paper categorizes countries into stable countries (High-, Medium-, and Low-income countries) and transition countries (Transitioning to High and Transitioning to Medium income) based on World Bank Categorization. The results show that the effect of financial openness is positive for medium- and low-income level countries. However, it is not at a high-income level. [ABSTRACT FROM AUTHOR]

Amidst the ongoing low‐carbon transition, the phenomenon of population aging is receiving increasing attention. Nevertheless, the relationship between population aging and environmental quality has not been conclusively established, and existing studies have yet to delve into the mechanism of the effect of population aging on energy and environmental quality. This paper utilizes the panel data of 30 Chinese provinces and regions from 2000 to 2019 and constructs the benchmark model, the nonlinear mediating effect, and the nonlinear moderating effect models to explore the nonlinear association between population aging and energy footprint, respectively. Additionally, we develop a comprehensive aging index employing principal component analysis (PCA) and measure the energy footprint by carbon sink approach. The results show that population aging has a nonlinear effect on the energy footprint with an inverted “U” shape and there is an inflection point on the curve of value 0.453. We also verify that population aging indirectly affects the energy footprint through its nonlinear impact on labor productivity, with an instantaneous mediating effect of 3.0902. Furthermore, the high‐quality economic development has a nonlinear moderating impact on the inverted “U”‐shape between population aging and energy footprint. As the level of high‐quality economic development increases, the shape of the inverted “U” curve flattens out, and the inflection point shifts to the left. Among the five sub‐indicators of high‐quality economic development, green development has the most significant effect on the inverted “U” curve of population aging and energy footprint. These noteworthy findings offer valuable insights for formulating effective strategies to enhance the favorable effects of aging on environmental quality from multifaceted perspectives. [ABSTRACT FROM AUTHOR]

As globalization continues to shape the global economic landscape, understanding its intricate relationship with economic growth remains paramount in regions like sub-Saharan Africa. Hence, this study presents a comprehensive analysis of globalization's impact on economic growth in sub-Saharan Africa from 1971 to 2019. Using panel data from reputable databases on Trade and Development (UNCTAD), World Development Indicators, Penn World Table 10.0, and Our World Data, the paper explores various dimensions of globalization, including economic, social, and political factors. The feasible generalized least square (FGLS) estimation technique was used to analyze data. Findings reveal nuanced dynamics, with social and financial globalization indices showing positive effects on economic growth and statistically significant at 1% significance level. Additionally, this study uncovers the influence of demographic indicators, government consumption, and the rule of law on economic growth. The result of the study revealed demographic indicators, government consumption, and the rule of law had statistically significant impacts on the economic growth of sub-Sahara Africa. In contrast, certain aspects of economic globalization exhibit negative impacts. However, political, trade, information, and cultural globalization had no significant impact on economic growth of the region. It is important to recognize that the absence of significant effects does not necessarily imply an absence of impact, but rather reflects the multifaceted nature of globalization's influence on economic growth. Several factors, including differences in the periods analyzed, may account for the differences in these results compared to previous studies. This study not only adds to the existing literature on globalization and economic growth but also offers valuable insights for policymakers tasked with promoting sustainable development in sub-Saharan Africa. By acknowledging the complexities of globalization's impact, policy makers can formulate more effective strategies to harness its benefits while mitigating its potential drawbacks. This research contributes to a deeper understanding of globalization's role in economic development, laying the foundation for evidence-based policy interventions tailored to the unique challenges and opportunities facing sub-Saharan Africa. [ABSTRACT FROM AUTHOR]

As the processes of market liberalization and globalization increase the confidence of international actors involved in national third sectors, there exists a cosmopolitan tension between 'mobile elites' and 'locked in' nationals. This paper explores the impact of these tensions on the social enterprise ecosystem in the Republic of Poland and the Socialist Republic of Vietnam. Focused on the internationalized mechanisms of support, the relationship between the social enterprise incubators and international stakeholders, and power distance inherent to the global versus local debate, the findings suggest that normative isomorphic pressures are causing a fundamental ecosystem shift. The monopolization of support and terms of reference have led to entrepreneurs detrimentally being treated as 'organizational heroes' risking burnout, the primacy of international voices within the local context, and the transference of nationals from being 'locked in' to national processes to being 'locked out' of national support. The research suggests the cosmopolitan‐led transformation of activists into entrepreneurs needs to be more carefully considered, to ensure that enforced alignment to international system does not alienate them from other sources and means of sustainability. [ABSTRACT FROM AUTHOR]

In this paper, the STIRPAT model was developed to study the role of financial development in urban low-carbon economic transformation. The statistical analysis used data from 281 prefecture-level cities in China from 2009 to 2019. The results show that: (1) there is a positive U-shaped nonlinear relationship between financial development and urban low-carbon economic transformation. (2) Financial development not only directly affects the transformation of the low-carbon economy, but also indirectly affects it through three transmission channels: environmental regulation, industrial structure, and urbanization. (3) The financial development itself and the level of urbanization have a threshold effect on the transformation of the low-carbon economy. Under the threshold effect of environmental regulation and industrial structure, the role of financial development in the transformation of low-carbon economies presents a process of 'first decrease and then increase'. Therefore, improving the intensity of environmental regulation, implementing differentiated financial and industrial development policies, and controlling the urbanization process are effective measures to promote the transformation of low-carbon economies. [ABSTRACT FROM AUTHOR]

With the rise of China’s economy and the expansion of China’s foreign trade scale, the carbon emissions generated by China’s trade are attracting extensive attention from political and academic circles. In the context of global ‘decarbonization’, this paper focuses on the new trade model of digital trade and uses China's provincial panel data from 2013 to 2021 to deeply explore the effect of digital trade development on carbon emissions and its transmission mechanism. We find that digital trade development can reduce regional carbon emissions through structural and technological effects; specifically, industrial structure upgrading, consumption upgrading, and green technology innovation play a crucial intermediary role in this process. Subsequent investigation reveals a nonlinear, diminishing trend in the marginal impact of digital trade on emission reduction. Furthermore, once digital trade surpasses the threshold of environmental regulation its marginal effect on emission reduction becomes more pronounced. Additionally, employing a spatial econometric model has revealed that the advancement of digital trade can also contribute to reducing carbon emissions in neighboring regions. Heterogeneity analysis results demonstrate that the eastern region exhibits the most significant emission reduction effect in relation to digital trade, followed by the western and central regions. [ABSTRACT FROM AUTHOR]

Ports are essential and strategic nodes of international trade and economic activities. The integration of port resources helps enhance the optimal division of port functions to further promote economic development. This paper explores the evolutionary trends of port integration policy from 2011 to 2021 in China through a text-mining approach. We first used the Latent Dirichlet Allocation (LDA) topic analysis method to analyze the port integration policies and summarize the evolutionary trends of port policies. In addition, an association analysis was conducted to explore port integration policies' impacts by examining their relationships among the environmental protection, digitalization level, and port development scale. Our findings suggested that China's port integration policy has evolved from specific and simple to abstract and complicated at the managerial level. Port development has enriched from infrastructure construction to the ideology of economic development. Our findings show that China's port integration is gradually improving the port operation. The findings of the study contribute to the extant literature by analyzing the port integration policy evolution in China and can be referred to by other countries. • Text mining method was used to explore the port integration policy evolution. • Port integration policy evolved from specific and simple to abstract and complicated. • Port development enriched from basic infrastructure to the governance model. • The evolution of port integration policy was related to reducing carbon emissions in the port sector. • The evolution of port integration policy made the ports intelligent in association with digital technology such as big data and AI. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to shed light on the experience of the United Arab Emirates (UAE) in balancing three main pillars: the environmental criteria, the reduction of CO2 emissions and the economic growth. Based on the environmental Kuznets curve (EKC) framework, it will assess the causal relationship between economic indicators such as gross domestic product (GDP) per capita, trade openness and energy use and environmental indicators such as CO2 emissions. Design/methodology/approach: The analysis relies on a period of 40 years (1981–2020) where data is extracted from the World Bank database. This study uses the unit root test for time series stationarity, the optimal lag length test, the "Johansen" test for co-integration and the vector error correction model. Findings: The paper concludes to two major findings. On a short-term basis, CO2 emissions and economic indicators are negatively correlated, whereas on a long-term basis, there is no association between CO2 emissions and economic indicators in the UAE. Research limitations/implications: The research ends with important recommendations. It illustrates the importance of rationalizing the use of primary resources and the necessity to embrace successful and efficient policies in the energy production. Practical implications: More specifically, UAE is urged to address the problem of CO2 emissions in the electricity sector and increase awareness of the use of environmentally friendly processes in the transport and industrial sectors. While setting their economic agendas, UAE are encouraged to meet environmental criteria and invest in renewable energy projects such as "Shams 1", the largest solar power plant outside of Spain and the USA. Originality/value: The current study is significant in its research on the environmental impact of economic development, trade openness and energy use policies in the UAE. It uses CO2 emissions as an environmental proxy and evaluates the environmental policies adopted in the UAE to reduce its impact. [ABSTRACT FROM AUTHOR]

This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that geographic connectivity, along with road and ethnic connectivity, are important for diffusing economic spillovers over longer distances. We then determine the key players, that is, which districts are key in propagating local economic shocks across Africa. Using these results, we conduct counterfactual policy exercises to evaluate the potential gains from policies that increase economic activity in specific districts or improve road connectivity between districts. [ABSTRACT FROM AUTHOR]

How do capital controls and banking concentration affect economic development? This paper develops a general equilibrium model to study these important issues. To do so, we construct a framework with heterogeneous agents and imperfectly competitive financial intermediaries who help depositors manage liquidity risk. Importantly, higher levels of concentration raise the cost of domestic borrowing which increase the reliance on international capital markets. Finally, once the rate of money growth is sufficiently high, capital controls bind and the effects of monetary policy on capital formation are more pronounced. [ABSTRACT FROM AUTHOR]

Using the multi-product dual revenue function framework, this paper examines the nature and extent of technical and economic interactions among five demersal species of Al-Batinah demersal fishery, Oman during the 2010-2016 period. The parameters of the system of output supply functions are estimated using Zellner's seemingly unrelated regressions (SUR) technique. The likelihood ratio test in relation to the structure of the multi-output production technology rejects the null-hypothesis of input-output separability and non-jointness in inputs. These results suggest that the underlying production technology is non-separable between the outputs and the quasi-fixed input, and the harvesting level of one species is likely to have spill-over economic effects on the harvesting levels of others. The own-price elasticities of output supply are found to be positive, inelastic, and statistically significant in four out of five cases suggesting that, other things being equal, fishers' supply decisions are influenced by the prevailing market prices of outputs. The estimated values of the cross-price elasticity of supply are negative, inelastic and statistically significant at the 5% level for eight output pairs. The calculated values of the Morishima elasticity of substitution (MES) indicate the presence of substitutability between ten output pairs. The cross-price elasticity estimates are in the range of - 0.001 (between Emperor and Catfish) to - 0.275 (between Seabream and Grouper) which is lower (in absolute value) than that of the MES estimates. The magnitudes of the cross-price elasticity and the MES estimates indicate the extent of spill-over effects of one species on the other and signal the extent of species targeting by fishers. A statistically significant spatial, seasonal, and inter-annual variability is observed in all species cases. Finally, the implications of the findings are discussed from the perspective of developing effective management approaches, achieving sustainability of fisheries resources and improving fishers' socio-economic conditions stipulated in the Five-Year development plans for the sector. [ABSTRACT FROM AUTHOR]

Africa is a rapidly changing continent. But for many, it is still an unknown place, shrouded by myths and distorted perceptions. Africa is in many ways still a marginalized continent. But things are certainly changing, and are going to change much more in the near future. This paper examines the debate surrounding the issue of ‘good governance’ and whether it is actually good for development. It offers a concise summary of literature and evidence in the three areas: the ‘good governance’ agenda as it has affected Africa, the research-based response to this, and the implications for Africa’s economic transformation. Thus, the second section discusses the origins of the concern about governance quality in Africa between the 1970s and the 1990s; the third section reviews the rebuttals and reformulations that have led the scholarly debate since the turn of the millennium; the fourth section applies the findings to the challenge of moving Africa on from economic growth to economic transformation; and the fifth section concludes that comprehensive governance improvement is not necessarily a precondition for economic progress in developing Africa. [ABSTRACT FROM AUTHOR]

Summer precipitation prediction in China is important to society and economic development, but still a challenging issue in current meteorological studies, due to the uncertainty of the climate system. This paper developed a weighted integration method founded on dynamic-statistic prediction methods. The advantages and disadvantages of station-based and grid-based integration on summer precipitation prediction, along with the underlying reasons, are respectively analyzed by calculating the anomaly correlation coefficients (ACC), prediction score (PS), and root-mean-square errors (RMSE). The main manifestations indicated that 1) The weighted integration method can provide better skill of summer rainfall prediction in China than the single dynamic-statistic combined prediction method; 2) For the station-based integration, the 10-year ACC mean of summer precipitation prediction is 0.098–0.106, passing the 90% significance level, which is also obviously higher than that of the grid-based integration. The station-based integration has a higher symbol consistency ratio (SCR) than the grid-based integration, and the probability distribution of anomaly percentiles of station-based integration is closer to the observation, which causes the corresponding PS score to be 69.2–70.0 and higher than the grid-based integration. The independent sample validation of 2020 and 2021 further confirmed that station-based integration had a higher ACC than grid-based integration. It is indicated that station-based integration may have better performance in improving the accuracy of the summer precipitation prediction in China, which needs to be deeply considered in the scientific study and real prediction issues. [ABSTRACT FROM AUTHOR]

This paper examines how the worship of ancient wisdom affects economic progress in historical China, where the learned class embraced classical wisdom for millennia but encountered the shock of Western industrial influence in the mid-nineteenth century. Using the number of sage temples to measure the strength of classical worship in 269 prefectures, I find that classical worship discouraged intellectuals from appreciating modern learning and thus inhibited industrialization between 1858 and 1927. By contrast, industrialization grew faster in regions less constrained by classicism. This finding implies the importance of cultural entrepreneurship, or the lack thereof, in shaping modern economic growth. "The humor of blaming the present, and admiring the past, is strongly rooted in human nature, and has an influence even on persons endued with the profoundest judgment and most extensive learning." —David Hume (1754, p. 464). [ABSTRACT FROM AUTHOR]

• New panel dataset of Marxist variables for 43 countries from 2000 to 2014. • Dataset includes rates of surplus value, composition of capital, shares of productive activity, and profit rates for the global economy. • The paper tests Marx's hypotheses on economic development at the world level. • Marx was right at the global level: capital intensity rises faster than exploitation rate, and the global profit rate declines. • Productive capital relocated to China, and unproductive activity increased in developed countries. We assess Marx's hypotheses about capitalist development on a global scale by constructing a new dataset of Marxist variables (profit rates, exploitation rates, composition of capital, and shares of productive activity) for 43 major economies, derived from world input-output data and national accounts in the 2000–2014 period. Consistent with Marx's hypotheses, the average profit rate declines at the world level, between countries, and within countries. The global rate of exploitation increases until 2008 but stagnates after the financial crisis, while capital intensity continued to increase. At the cross-country level, rich countries became increasingly dominated by unproductive activity. China absorbed much of the world's productive activity and kept the labor share of value added roughly constant at the world level. [ABSTRACT FROM AUTHOR]

A growing body of literature addresses the implications of the ongoing rapid state-led, exportoriented industrialisation in African cities for a range of development concerns -- e.g. labour relations, value chain development, gender relations and China's involvement in infrastructural development. This study focuses on another important implication of Africa's rapid industrialisation that has not been sufficiently explored -- urban--industrial integration. Recent scholarship that looks at the interaction of urban and industrial development in Africa identifies challenges emerging at the nexus caused by lack of policy integration (PI). However, this literature does not address why this disconnect between the policy spheres arises or why it continues to persist. Based on thematic analysis of over a hundred qualitative interviews with key policy actors in the urban--industrial sphere, I argue policy fragmentation in the African urban--industrial nexus is driven by processes of 'authoritarian centralisation' that foster adverse political conditions for PI -- more specifically conceptual integration, policy coordination and infrastructural integration. The study illustrates the relationship between authoritarian centralisation and PI and discusses the ways in which authoritarianism has shaped urban policy, planning and development and its integration into industrial and economic development strategies. The paper contributes to the nascent literature on the politics of urban--industrialisation in a broader range of developmental authoritarian African states. [ABSTRACT FROM AUTHOR]

Modern communication technologies make information more easily and quickly accessible, leading to more transparent and competitive markets. Based on a theoretical model, this paper provides new empirical evidence on the potential impact of online search intensity on asymmetric cost pass‐through. Prices often move as 'rockets and feathers': they rise quickly in response to cost increases and they fall slowly in response to cost reductions. A panel threshold error correction model is applied to weekly producer and retail prices of chicken and mutton in Iran. The results suggest that the volume of online searches is associated with a more complete and less asymmetric cost pass‐through from farmgate to retail prices. Thus, online platforms and search engines have the potential to increase competition by bringing prices closer together and reducing profit margins. [ABSTRACT FROM AUTHOR]

This paper investigates the determinants of eXtensible Business Reporting Language (XBRL) adoption using the Technology-Organizational-Environment framework. This framework explains how the process of adopting and implementing XBRL is influenced by the technological context (country's firm-level technology absorption and technological capacity), organizational context (education) and environmental context (level of economic development; degree of external economic openness; investor protection; accounting system and the burden of government regulation). Using a sample of 78 countries during the period 2009–2017, we find that countries with high levels of technology absorption, higher levels of economic development and strong investor protection are more likely to adopt XBRL. [ABSTRACT FROM AUTHOR]

Since the early 2000s, plant closures have been a significant concern in Ontario, Canada. Scholars and policymakers alike aim to investigate the causes of plant closures and determine how to mitigate their impacts. Despite the large body of literature on plant closures, local economic development practitioners' perspectives and experiences have been neglected. To fill this gap, this paper interviewed twenty-two practitioners from various cities in Ontario to understand how practitioners perceive and respond to plant closures. The findings provide a comprehensive overview of the various dynamics of plant closures. Also, based on the findings, seven policy recommendations are presented. [ABSTRACT FROM AUTHOR]

This paper compares immigration reforms across democratic and autocratic states. Mobilising two large-scale datasets, it first challenges the prevailing notion that political regime types inherently dictate immigration policy outputs. The analysis shows that although immigration is central to political debates worldwide, reforms are not that frequent and, when enacted, their restrictiveness does not consistently differ by regime type. Instead, restrictions focus on border controls and openings on entry and integration policies regardless of the political regime in place. The paper then mobilises case studies from around the globe to delve into the policy dynamics underpinning immigration reforms across regimes. It shows that while all migration states grapple with the multifaceted challenges that immigration raises, autocratic politics offers a broader toolkit to resolve the trade-offs between cultural, rights-based, economic and security issues. This creates unexpected opportunities for open immigration reforms under autocratic politics, a dynamic I call the 'illiberal paradox' as a counterpart to the 'liberal paradox' observed under democratic politics. To advance theory-building across the democracy/autocracy divide, the paper concludes by arguing that the liberal and illiberal paradox concepts are not exclusive to democratic or autocratic regimes, respectively, but are valuable analytical tools to understand immigration politics across the political regime spectrum. [ABSTRACT FROM AUTHOR]

As we stand on the cusp of what Schwab claims to be the Fourth Industrial Revolution (4IR), the world of work is undergoing a rapid and profound transformation. Zimbabwe strives to ready its labour market for the seismic changes already underway. In order to thrive in the future of work, the World Economic Forum advises that a country must educate its populace in Science, Technology, Engineering, and Mathematics (STEM) fields. Unfortunately, Zimbabwean women remain underrepresented in STEM professions, with a mere 28.79 percent of women holding STEM degrees, compared to 71.21 percent of men. These statistics underscore the urgent need to educate more women in STEM fields. This paper addresses the bigger question: "Is Zimbabwe ready for the future of work"? To this end, this paper offers a nuanced analysis of the 4IR and its implications for Zimbabwe's future of work. Drawing on primary and secondary literature, we map out women's barriers and propose strategies to overcome them. This paper uses an integrative literature review, making a valuable novel contribution to the burgeoning literature on the intersection of the 4IR, gender equality and the future of work in Zimbabwe. The paper showcases that Zimbabwe is unprepared for the changing nature of work and needs to increase women's participation in STEM subjects. By empowering Zimbabwe's women in STEM fields, we can ensure that they can thrive in the future of work and that Zimbabwe can participate fully in the digital economy. [ABSTRACT FROM AUTHOR]

Context and background: The existence, survival and continuity of a number of income-generating activities (farming, mining, etc.) depend on land, making it an important lever for a country's development. However, if land is not properly managed and governed, this can leave the door wide open to various forms of embezzlement, including corruption. Corruption is well known to have a deleterious effect on its victims, and when it affects land tenure and access to land, it can affect more than just a country's economy. It can at the first time undermines a country's ability to trade properly with its neighbors, and hindering the continent's ability to fully harness the benefits of free trade agreements as well. Goal and objectives: In the context of Africa's commitment to promoting industrial development through the development of agriculture and food security, it is vital to talk about issues that could hinder these developments, and more specifically the reaching of the Acceleration of the African Continental Free Trade Area implementation. In this instance, the aim is to talk about land corruption. Readers will be led to reflect into the critical role of addressing and eradicating land corruption as a fundamental prerequisite for the successful implementation of free trade initiatives in Africa, but also to facilitate sustainable economic growth and harmonious regional integration. Methodology: This paper offers a broad panorama of negative impacts of land corruption in Africa, and will be based on the experience and lessons of anti-corruption strategies deployed on the land sector in Madagascar. Through an in-depth analysis of the existing challenges, far-reaching consequences, and potential solutions, this work elucidates the paramount importance of curbing land corruption to foster sustainable economic growth, regional integration across the continent and African Continental Free Trade Area’s swift and sustainable implementation. Results: How does corruption affect the land tenure system? What impact does it have? Why and how is it incompatible with the objectives of the African continental free trade area? What can be done to tackle it, based on experience from Madagascar and extended to the African context? This paper gives inputs to those burning questions [ABSTRACT FROM AUTHOR]

This paper uses knowledge base as an intermediary variable and takes Chinese A-share manufacturing listed companies from 2010 to 2018 as the research object to examine the impact of technological mergers and acquisitions on corporate innovation performance. The study found that: (1) Technology acquisition plays a significant role in promoting the innovation performance of enterprises, indicating that for every 1% increase, the technological innovation of manufacturing enterprises will increase significantly by about 0.44%. Using different core variable metrics, different regression samples, and different estimation methods, the results still exist, indicating that this finding is robust. (2) The nature of enterprise property rights, the level of economic development, and the level of technological development have led to the heterogeneity of technological mergers and acquisitions in driving enterprise innovation. (3) The scale of the knowledge base is the key intermediary variable. The findings of this paper are helpful to understand the internal dynamic mechanism of Chinese innovation-driven strategy, and pro-vide policy inspiration for the transformation of high-quality economic development. [ABSTRACT FROM AUTHOR]

Renewable energy sources (RESs) offer key transformative potential from a societal point of view due to their modularity and ability to generate energy at the local level, allowing for the development of grassroots democratic and participatory initiatives. The paper aims to share insights into the processes of creating RES cooperatives in Poland. One of the first cooperatives to be established in the Upper Silesian region in Poland was the energy cooperative (EC) "Our Energy". This study presents an in-depth empirical analysis of a community-based renewable energy cooperative. The study employed a case study methodology, including a SWOT analysis framework, to describe the research subject and identify its strengths, weaknesses, opportunities, and threats. Key findings indicate that members benefit from stable energy prices and full recovery of the energy produced, and the cooperative is at the forefront of energy-sharing practices that minimize costs through direct transactions with the local municipality. The strategic goals of the EC focus on expanding membership, increasing the number of photovoltaic installations, implementing energy balancing, combating energy poverty, and reducing emissions. Challenges such as financial constraints and a lack of real-time monitoring of energy distribution are acknowledged, and carbon footprint reduction innovations and stakeholder engagement are highlighted as forward-looking approaches. The study highlights the role of cooperatives as a model for community-led sustainable energy initiatives. However, the study acknowledges the limitations of its small sample size, suggesting the need for broader research to understand the impact of collaborative energy on decarbonization. Future research directions are proposed, focusing on the long-term sustainability and socioeconomic impacts of energy cooperatives. This study contributes to the scholarly discourse on renewable energy cooperatives by offering insight into their potential to bridge the gap between energy producers and consumers and support sustainable community development. The main novelty of this paper lies in its detailed examination of a specific renewable energy cooperative, incorporating SWOT analysis, stakeholder perspectives, quantitative assessments, and a forward-thinking approach. This multifaceted analysis contributes to the existing literature on renewable energy initiatives, providing a valuable reference for researchers, policymakers, and practitioners in the field. [ABSTRACT FROM AUTHOR]