Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/331189 
Year of Publication: 
2024
Citation: 
[Journal:] Research in Globalization [ISSN:] 2590-051X [Volume:] 9 [Article No.:] 100267 [Year:] 2024 [Pages:] 1-15
Publisher: 
Elsevier, Amsterdam
Abstract: 
Achieving a balance between economic growth, environmental sustainability, and social well-being remains a pressing challenge for emerging economies. This study examines the factors contributing to inclusive growth in the BRICS countries, concentrating on the connections between life expectancy, environmental sustainability, and economic growth. We perform wavelet-based data analysis from 1990 to 2022 to investigate the dynamic time-frequency relationships between life expectancy (LEO) and essential variables such as GDP, CO2 emissions, RNE consumption, and population growth (PGP). The results show that although economic development and industrialization often increase life expectancy, they also hurt the environment, as most BRICS countries have a positive link between CO2 emissions and life expectancy at birth. The findings also indicate that short-term economic and infrastructural disturbances prevent the immediate effects of renewable energy usage on life expectancy. Furthermore, because population increases burden healthcare systems and resources, inclusive growth faces substantial hurdles. ance between economic development, social well-being, and environmental sustainability in emerging nations.The study provides insights into the importance of green energy and demographic management in fostering sustainable and inclusive growth, and it underscores the challenges of striking a balance between economic development, social well-being, and environmental sustainability in emerging nations.
Subjects: 
Inclusive growth
BRICS
Life expectancy
Economic growth
Renewable energy
Population growth
Wavelet analysis
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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