Foreign direct investment, stock market capitalization, and sustainable development: relative impacts of domestic and foreign capital

It is well acknowledged that achieving sustainable development goals without negatively impacting a country’s economic activity is complicated. The question of whether foreign or domestic capital can be used to address the financial demands of the nations who lack the financial resources for a green transformation should now be resolved. Based on this, the main goal of this research is to analyze the impacts of domestic and foreign capital on carbon emissions for a heterogeneous panel of 42 countries for the period from 1990 to 2017. Aside from capital accumulation, the environmental impact of elements such as economic growth, urbanization, trade openness, and energy usage is also studied. The newly developed quantile via moment approach is utilized to isolate the impacts according to the countries’ emission levels. Finally, the impact of these variables on the recently constructed sustainable development index is investigated in order to ensure its robustness. The findings of the study reveal that the environmental efficiency of domestic capital accumulation in countries with low emission levels is higher than in countries with high emission levels. Foreign capital, on the other hand, has no substantial effect on emission levels in all quantiles. © 2022, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature

Converting a resource curse into a resource blessing: The function of institutional quality with different dimensions

There are a numbser of reasons suggesting that improving institutional quality is the most vital role for nations that are experiencing or are expected to face a natural resource curse to overcome these challenges. Based on this debate, this study seeks to examine the relative impacts of different dimensions of such qualities – institutional quality (that is, index of rule of law, control of corruption, regulatory quality, political instability, voice accountability, and government effectiveness) – in MENA countries using a cross-sectional and time series data from period of 1996–2019. In the light of this, the main variable considered is effects of natural resource rents and other factors, such as human factor and financial developments on real GDP per capita. To achieve the desired result, panel model techniques was employed to estimate the results, which revealed that natural resource rents and human capital have positive and significant relationship with real GDP per capita while financial development have negative impacts, hence diminishes the economic growth of the country. Also, voice accountability and government effectiveness have negative effects on the real GDP, while the other institutional quality, except regulatory quality, have significant contribution in increasing the real GDP. The interacting effects of natural resource and voice accountability foster the economic development, and it also have impact in increasing the size of natural resources, and human capital on the economic development of MENA while at the same time vanishes the initial negative effects of financial development of the economic growth. Moreover, interaction of natural resource rent on political instability, government effectiveness, rule of law, and control of corruption have all significantly contributed to increase the economic growth of MENA while regulatory law is of no significant. Based on this, ideal policy directions were highlighted

The Use of Ligasure Vessel Sealing System in Axillary Dissection; Effect on Seroma Formation

Background: Seroma formation is the most frequent postoperative complication after axillary dissection for breast surgery with an incidence of 10 - 50 %. This prospective clinical randomized study was carried out to evaluate the Ligasure vessel sealing system and its effect on seroma formation and other complications for axillary dissection