Examining remittances, emissions, and tourism as drivers of financial well-being and sustainability in post-Soviet nations

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dc.contributor.authorAjaz Khan, Khurram
dc.contributor.authorAkhtar, Mohammed Anam
dc.contributor.authorSultonova, Farangiz
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2025-09-03T08:44:53Z
dc.date.available2025-09-03T08:44:53Z
dc.description.abstractThis study aims to analyse the importance of inward remittances, greenhouse gas emissions, and international tourism in mitigating income disparity in post-Soviet countries, thus improving financial well-being and fostering sustainable practices. Panel data analysis was conducted using annual data from 15 post-Soviet nations, covering the period from 2000 to 2023. The key findings are that a positive shock in greenhouse gas emissions leads to increased income inequality, thereby reducing financial well-being and sustainable adoption. On the other hand, a positive shock in international tourism reduces income inequality and enhances financial well-being, promoting sustainable adoption among the post-Soviet population. Lastly, a positive shock in inward remittances promotes income inequality and reduces financial well-being, although this effect was not statistically significant. The study adds to the limited literature on financial well-being and sustainable adoption. The articles contextually focus on the post-Soviet nations, which are still in the early development phase and thus offer useful implications for developing countries. The study offers useful implications for policymakers, who can leverage the findings to reduce greenhouse gas emissions and promote international tourism. This can help reduce the prevalent income disparity, thereby promoting financial well-being, which is aligned with UNSDG 8.1. Enhanced financial well-being is linked to sustainable consumption, which is a key element of the circular economy.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2025-3-010
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/177926
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectInward remittanceen
dc.subjectgreenhouse gas emissionsen
dc.subjectinternational tourismen
dc.subjectpanel dataen
dc.subjectpost-Soviet nationsen
dc.subject.classificationQ54
dc.subject.classificationF24
dc.subject.classificationZ32
dc.subject.classificationO15
dc.titleExamining remittances, emissions, and tourism as drivers of financial well-being and sustainability in post-Soviet nationsen
dc.typeArticleen
local.accessopen
local.citation.epage175
local.citation.spage160
local.facultyFaculty of Economics
local.filenameEM_3_2025_10
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue3
local.relation.volume28
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