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Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission

Year 2017, Volume: 7 Issue: 2, 236 - 242, 01.06.2017

Abstract

Malaysian economy has experienced two financial crises in less than 12 years. The Asian financial crisis started in Thailand on July 1997, which intensively affected the Malaysian Ringgit within days. The rate of the Malaysian Gross Domestic Product (GDP) dropped to -7.36 at its nadir in 1998. In 2008, the global financial crisis hit Western countries and rapidly affected the economic growth of Malaysia. The GDP growth decreased by 0.1% in the last quarter of 2008, and reached -1.51 in a particular situation in 2009. Through a qualitative analysis, this paper investigates the CO2 emission during these financial crises by focusing on three main fuel CO2 emission, namely, coal, natural gas, and petroleum. This study shows that the rate of CO2 emission growth in Malaysia decreased despite the negative GDP during both crises, but the carbon emission trend did not decline

Year 2017, Volume: 7 Issue: 2, 236 - 242, 01.06.2017

Abstract

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Details

Other ID JA56DT66NR
Journal Section Research Article
Authors

B. Bakhtyar This is me

Publication Date June 1, 2017
Published in Issue Year 2017 Volume: 7 Issue: 2

Cite

APA Bakhtyar, B. (2017). Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission. International Journal of Energy Economics and Policy, 7(2), 236-242.
AMA Bakhtyar B. Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission. IJEEP. June 2017;7(2):236-242.
Chicago Bakhtyar, B. “Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission”. International Journal of Energy Economics and Policy 7, no. 2 (June 2017): 236-42.
EndNote Bakhtyar B (June 1, 2017) Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission. International Journal of Energy Economics and Policy 7 2 236–242.
IEEE B. Bakhtyar, “Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission”, IJEEP, vol. 7, no. 2, pp. 236–242, 2017.
ISNAD Bakhtyar, B. “Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission”. International Journal of Energy Economics and Policy 7/2 (June 2017), 236-242.
JAMA Bakhtyar B. Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission. IJEEP. 2017;7:236–242.
MLA Bakhtyar, B. “Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission”. International Journal of Energy Economics and Policy, vol. 7, no. 2, 2017, pp. 236-42.
Vancouver Bakhtyar B. Asian and Global Financial Crises’ Effect on Malaysia Co2 Emission. IJEEP. 2017;7(2):236-42.