14_Economic Growth and Environmental Quality_6MinDream

1) Project Name: Economic Growth and Environmental Quality

Team Name: Joka Juggernauts

Team Number: 14

Team Members: Saurabh Sunil, Satwik Sharma, Shweta Poddar, Devvrat Tripathi

2) The Problem Statement: We are trying to find out the linkages, if any, between the growth of the economy and the quality of its environment.

3) Data Source: World Bank Research data of Shafik and Bandopadhyay

4) The Benefit / Utility: As the economy of the developing countries grows, it is putting more and more pressure on the already stretched natural resources. We are polluting more than the earth can possibly consume. What we are trying to find here is the relations that might exist between environmental conditions and growth. We have the data of the macro-economic variables of a lot of countries and the cities in these countries. We also have the data on the pollution levels of these countries. What we are trying to do is to find the possible associations between both the data.

5) Expected Outcomes: The findings may vary. However, this will once and for all answer the million dollar question—“Should we worry about the economic consequences of pollution?”. This will indeed help in framing the policies of various nations.