Impact of increasing inflation, carbon emission diffusions, and offshore investment on financial development: A lesson of South Asian countries

Carbon Diffusion in evolving Asian nations is checked in the present study concerning fossil fuel devouring, offshore direct financing, and financial development. This study applies an Autoregressive Distributive Lag (ARDL) model to committee data from 1990 to 2013. In this cultivating frugality, works to support financial progress create CO2 diffusion, and fossil fuel use donates to element issuances and actual criminality. Aside from that, the practical results confirm the Pollution Haven theory that direct offshore grant increases element issuances at the household level on account of referring to practices or policies that do not negatively affect environmental degradation. In addition, these expanding Asian nations exhibit an Environmental Kuznets Curve (EKC). In addition, the study advises lowering hydrocarbon deposit devouring and advancing environmentally companionable economic tumor game plans in these underdeveloped countrie