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Pr. Ergin Akalpler

Near East University, Faculty of Economics and Business Administration Department of Economics, Cyprus

 

Talk Title
Impacts of energy consumption on sustainable economic growth around the world

Talk Abstract
 

Esteemed Guests,

Recently, the World Bank has announced that the Indian economy is on a sound growth path and has registered significant progress in its quest to improve the ease of doing business, which has subsequently led it to achieve an improved position according to global rankings. This comes amid heightened concerns related to the impacts of carbon emissions and the consumption of energy on sustainable economic growth in the economies around the world.

Global economies signed the Kyoto Protocol in 1997 with a view to reducing the emissions of carbon dioxide and achieving green economic growth. Many emerging economies such as India, China, Brazil, Mexico and various others, have taken the position of the world’s fastest growing economies, of which China and India are two of the largest polluters in the world. In particular, India is a member of the BRICS countries, which is an economic block comprising emerging economies which include Brazil, Russia, India, China and South Africa, who are also signatories for the Sustainable Development Goals (SDGs); however, weak application for controlling the carbon emissions has been observed.

The study of energy economics has gathered significant momentum in recent years and more studies have been conducted with a view to understanding how it relates to carbon emissions and economic growth in particular. However, the researcher has a concern with the lack of available research in regard to how emissions from energy consumption could be related to a situation where energy consumption, economic growth, trade, capital as well as oil prices are included in the growth matrix.

The growth of the economies has been encouraged by high energy consumption levels over the years; however, this was offset by a cost to the environment, as proven by the increase in carbon dioxide emissions. Trade as envisioned by the imports also has a positive and significant effect on growth in such economies, while capital accumulation results in negative impacts to growth in the shorter-term. In the longer-term, gross fixed capital formation has positively influenced the growth of many economies and carbon dioxide emissions have had a negative impact on the growth trajectory. Therefore, in order to counter the negative effects of carbon dioxide emissions, the solution is to use other clean energy sources with limited emissions of carbon dioxide. This also explains the two-way relationship that exists between the consumption of energy and the growth of the economy. In the long-term, exports have proved to be significant in supporting growth with clean energy usage in production operation process.

In an attempt to achieve sustainable growth and a clean environment, it is necessary for the authorities to display a serious commitment to reducing carbon dioxide emissions. The adoption of alternative renewable energy sources seems to be deterred by the high costs associated with new technologies.

I therefore conclude that policies should have clear alternative renewable consumption targets so as to achieve energy efficiency and the sustainable growth of the economy, while simultaneously reducing carbon dioxide emissions.

Short Biography

Ergin Akalpler is an economist, advisor and faculty member at Near East University.

He completed his undergraduate education in the Economics department of the Economics and Administrative Sciences Faculty in Turkey.  In 1989, through the European Council Scholarship programme, he attended the Vienna University of Economics for his master’s in the Institute for Foreign Economics and Politics. After completing his master’s education, he attended a PhD programme at the same university. He completed his education in the Institute for European Research and International Economics in the Vienna University of Economics and became a Doctor of Economics and Social Sciences.

During and after his education, he taught as a lecturer and was the head of department at different universities in North Cyprus and in Vienna.

He has prepared several projects and attends many conferences and congress worldwide. He has published several articles and books.

Research interests: Macroeconomics and Social Sciences, International Economics, European integration, Regional development, sustainable growth with renewable energy, Clean tech and renewable sectors for welfare nations, Agricultural Economics, CAP of the EU, European Union Economics, Methodology for PSE- CSE (Producer Subsidy Estimate).

In 2004, he was employed as an Educational Advisor by the Ministry of Education and the Higher Education Council in the TRNC for the implementation of the EU Socrates- Erasmus- Lifelong Learning Education programmes, ENQA (The European Association for Quality Assurance in Higher Education), Erasmus University Charter, European University Association, Naric and others. He managed the scholarship programme for students from third countries.  

In 2010, he became an advisor for the TRNC President on economic matters, with the responsibility for preparing, monitoring, evaluating and writing briefs/reports and communicating with the local institutions for evaluating the sectorial problems and issues. Regular meetings with the state secretary and other acting persons were conducted for evaluating and developing new plans and programs, along with regular meetings with the president. He has been assigned as an acting member and representative of the president for the Economic and Technical Committee for United Nation Development Program (UNDP).

He speaks both English and German.

He is married and has three children.

 
Talk Keywords
Sustainable growth, carbon emission, energy.
 
Target Audience
Students, Post doctoral, Industry, Doctors and professors
 
Speaker-intro video
TBA 
 

The International Conference on Innovative Applied Energy (IAPE’18)