Abstract

The paper reports the results of a study whose purpose was to determine the correlations and potential directions of inter-dependence between economic development and green initiatives within national economies. The pilot study has included 105 countries with different levels of economic development, located in different continents and belonging to different integration groupings. The study was carried out by means of correlation coefficients computed between the indexes of the green initiatives implementation, and (a) the Gross Domestic Product (GDP) per capita and (b) the GDP growth rate. The main result of the study is that the intensity of enterprises to implement green initiatives increases the levels of the internal economic development.

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