In this paper, we show that traditional comparisons of Mean Squared Prediction Error (MSPE) between two competing forecasts may be highly controversial. This is so because when some specific conditions of efficiency are not met, the forecast displaying the lowest MSPE will also display the...

The circular economy (CE) has recently stimulated debates on sustainable consumption and production; Its regenerative systems minimise the environmental impact as practitioner reduce their externalities, including; waste, emissions, and energy leakages through the use and reuse of resources....

This working paper, part of my Master of Economics and International Business Management, highlights the impacts of environmental changes on society and the multidisciplinary concept of sustainable development. This work focuses on two major actors, financial actors and policy-makers, and their...

Spanish Abstract: Los procesos de globalización e internacionalización de la economía han operado profundos cambios en los mercados en general y en el sector agroindustrial en particular; han impuesto nuevas normas de producción y comercialización que incluyen en su cadena de valor a una...

The recent United Nations Framework Convention on Climate Change was the 27th ‘Conference of the Parties’ since 1992. Better known as COP 27, it has widely been derided as ‘COP OUT 27’, for achieving few, if any, significant, actionable outcomes, especially in comparison to the sheer...

As the issue of fragmentation of global environmental governance moved to the centre of debate on governance performance and effectiveness in addressing environmental problems, it attracted scholars from both international law and political science. Each of the disciplines have provided a set of...

The sudden and unexpected development of shale gas has the potential to accelerate or hinder the transition to sustainability, depending on how it is handled. Sustainable development is a useful evaluative framework for shale gas development. It would have us analyze its environmental, social,...

Sustainable development has its origins in the conservation and environmental movements in the United States and other countries, and in the laws that were adopted because of those movements. Lawyers in the public and private sectors drafted these laws and worked with clients to implement them....

The Pennsylvania Constitution contains a unique Environmental Rights Amendment (“ERA”) creating an individual right to “clean air, pure water, and to the preservation of the natural, scenic, historic and esthetic values of the environment.” The ERA also includes a public trust element...

Nearly every U.S. state has environmental provisions in its constitution. These provisions cover a wide range of issues concerning the manner in which the environment and natural resources are to be governed (e.g., public funding, eminent domain, public trust, access to water, legislative...