DYNAMICS OF URBANIZATION AND TEMPERATURE INCREASE IN MIDDLE EAST-AN EMPIRICAL INVESTIGATION
Journal Title: Asian Economic and Financial Review - Year 2017, Vol 7, Issue 5
Abstract
Growth patterns are the important channels, through which the society and economy interact. Climate change could lead to such disruption, if unsystematic growth has not been controlled to a limit. Recent scientific evidences have shown that Middle East region is in the midst of climate change vulnerability by endangering its oil cashed growth strategy. But economic research has given very scant attention towards such incident by correlating with urbanization. In this context, we argue that the upscale energy demand, industrialization and unbalanced urbanization strategies could potentially impact the region in long run in forms of climate change. We further argue that the behavioral changes in terms of percapita urbanization growth and increasing import have impacted the region unlike never before. Even our cross-sectional dependency test has shown that the region?s heat wave problem is worth of deep concerns. From a policy perspective, we suggest that the region as whole should be proactive in terms of starting effective implementation of green energy plan, clean energy investment and production of bio-fuel. In order to counter the negative cost of heat wave as predicted, the region must combinedly put forward and ratify a climate change strategy to monitor the development on an annual basis.
Authors and Affiliations
Devi Prasad Dash*| Research Scholar, Department of Humanities and Social Sciences, Indian Institute of Technology, Ropar, Rupnagar, Punjab, Lingaraj Mallick| Assistant Professor, ASCW, Maulana Azad National Urdu University, Hyderabad, India
Keywords
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