Beyond Income and Education: Unveiling the True Catalysts of Green Behavior in Pakistan and South Asia
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<jats:p>There is extensive literature on the progress of green alternatives in Pakistan, but there is no evaluation of how the people of Pakistan will respond to these proposed solutions. After conducting a literature review on green alternatives, this paper employs the Theory of Planned Behavior (TPB) framework. It utilizes data from the World Values Survey (WVS) in conjunction with logistic regression to assess the viability of sustainable practices in Pakistan and whether specific demographic groups, such as women, highly educated individuals, and high-income citizens, exhibit a greater inclination to adopt sustainable practices. Our regression analysis indicates that people’s income, religiosity level, and age do not affect their likelihood of adopting sustainable practices. In contrast, their attitude towards free market ideology, self-provision, and cultural values such as power distance and global connectedness have a significant impact. The paper shows Pakistan’s education system does not instill environmental values in people like other South Asian systems. Women in South Asia are less likely to adopt sustainable practices than men. These findings offer valuable insights for policymakers and financial institutions, guiding a nuanced restructuring of green alternative approaches in Pakistan and South Asia. </jats:p>
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Zulfiqar, Fasih (n.d.). Beyond Income and Education: Unveiling the True Catalysts of Green Behavior in Pakistan and South Asia. Consilience(27). 10.52214/consilience.vi27.12172 Retrieved from https://hdl.handle.net/10161/31989.
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Fasih Zulfiqar
I'm a student at Duke University pursuing a Master's in Analytical Political Economy, maintaining a 4.0 GPA. My academic journey began at IBA Karachi, where I was honored as my batch's valedictorian and graduated summa cum laude in Economics and Mathematics.
My research focuses on the intersection of environmental economics, political institutions, and development in South Asia, particularly Pakistan. I explore demand-side factors hindering climate change mitigation and the potential of green finance as a climate strategy. Towards this end, my work, forthcoming in Consilience: The Journal of Sustainable Development at Columbia University, investigates the determinants of green behavior in Pakistan and South Asia, going beyond traditional income and education factors.
I'm deeply interested in how political systems impact economic development, especially concerning climate adaptation strategies. My research extends to the role of religious institutions in economic growth, with a particular focus on Islamic principles and their effect on financial inclusion. My paper in the Columbia Economic Review, "Exploring Trust in Pakistan's Financial Institutions," analyzes how religious factors can act as punctuated equilibrium forces in developing countries' financial sectors.
My latest piece, "Performance, Islamization, and Trust: Pakistan's Evolving Banking Sector," published in the Stanford Economic Review, further explores these themes. I've also presented research on green financing success in South Asia at the 19th South Asian Economics Students' Meet (SAESM) in Colombo, funded by the World Bank.
Professionally, I've leveraged my analytical skills as a Market Research Strategist at Aromasong USA, where I applied quantitative forecasting and financial modeling to drive business decisions, generating $39,900 in new trade. As an Economic Consultant for Alibaba x Trademor, I provided strategic consulting to over 100 entrepreneurs, facilitating $31,040 in sales through market expansion and cross-border partnerships. My experience extends to supply chain data analysis at Lipton and data analysis at Engro, where I utilized statistical models to assess risk factors in new markets and guide sustainable development initiatives. Lastly, I also have mentoring and teaching experience at NTHP x IBA and The Citizens Foundation.
I'm proficient in advanced technical tools including MATLAB, R, Python, and STATA, which I apply to complex economic modeling and data analysis. My language skills span English, Urdu, German (proficient), and French (A1).
As a recipient of the Emergent Ventures Grant from Professor Tyler Cowen at the Mercatus Center, George Mason University, I continue to push the boundaries of economic research, aiming to contribute meaningful insights to the field of political economy and sustainable development. Beyond academics, I'm passionate about philosophy, particularly Stoicism and Existentialism, and I enjoy powerlifting, soccer, and spending time with dogs.
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