The 2008-2009 Global Crisis: The Environmental Impacts on Developed versus Less Developed Countries
The 2008-2009 Global Crisis: The Environmental Impacts on Developed versus Less Developed Countries

Summary/Abstract: In this study, we examine the impact of the 2008-2009 Global Crisis on developed and less developed countries’ environmental scores. Our results for the developed countries show that, while the Global Crisis has affected both the EPI (i.e. Environmental Performance Index) and the Ecosystem Vitality scores significantly, there has been no significant impact on the Environmental Health scores. On the other hand, our results for the less developed countries indicate that the Global Crisis has affected all three general categories (i.e. the EPI, the Environmental Health, and the Ecosystem Vitality scores) negatively. In other words, when faced with a global economic crisis, less developed countries need to deal with both Environmental Health and Ecosystem Vitality issues while developed countries only need to deal with Ecosystem Vitality issues. In this study, we also show how developed versus less developed countries perform in each Environmental Health and Ecosystem Vitality subcategory (in total, 22 subcategories). Policymakers in developed versus less developed countries should concentrate their efforts in only the significantly affected areas.

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