Renewable energy is preferred by most countries due to its clean and sustainable characteristic especially under the background of rapid rise in carbon emissions. However, the carbon reduction effect of renewable energy has not been thoroughly investigated in the context of rapid globalization....

Noting that few studies to date have investigated the determinants of social cohesion in a comprehensive and systematic manner, this paper examines the macro-level determinants of social cohesion using a panel of up to 92 developing and developed countries for the period 1990-2020. Employing the...

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...