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Transcript
The Empirical Possibility of Green Growth:
Evidence of significant relationships between Economic Growth & Job Creation, Poverty
Reduction and Resource Constraints & Climate Change during 1990-2014 in Thailand
Abstract: In light of three critical facts: 1) the new implementation of Sustainable Development
Goals, of which Goal 8.4 emphasizes the conscious “decoupling of economic growth from
environmental degradation”, 2) increasing resource constraints, climate risks, and pollution
levels in Asia-Pacific, and 3) the knowledge that Thailand is one of Asia-Pacific’s economic
development leaders, it is relevant to seek the answer to the following question: “Is there
evidence of significant relationships between: Economic Growth & Job Creation, Poverty
Reduction, and Resource Constraints & Climate Change during 1990-2014 in Thailand?”
The variables constitute UNESCAP’s definition of Green Growth which is: “a strategy of
sustaining economic growth and job creation necessary to reduce poverty in the face of
worsening resource constraints and climate crises.” In essence, we seek to understand whether
Green Growth’s impacts are present, in Thailand’s recent history. Methodology includes crosscorrelations, structural equation modeling and inclusion of powerful historical context to result
in the finding that: between 1990-2014, there is a strong empirical possibility that Green Growth
principles exist and is active in Thailand. This and further discoveries inform recommendations
made for the Thai government, United Nations, and Thai corporations.