Data from Babes-Bolyai University Broaden Understanding of Risk Management (Corruption, Shadow Economy and Deforestation: Friends or Strangers?): Insurance – Risk Management

2021 OCT 13 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on insurance. According to news reporting from Cluj Napoca, Romania, by NewsRx journalists, research stated, “This study aims to reveal the connection between corruption and shadow economy, on one hand, and deforestation, on the other.”

Our news journalists obtained a quote from the research from Babes-Bolyai University: “The research considers 131 countries from all over the world, in the timeframe between the years 2012 and 2020, and it reveals that corruption and shadow economy positively influence deforestation. Determinants like democratic governance quality, press freedom, wood export share, and culture are also key factors in implementing the right, efficient countermeasures aimed at reducing the levels of illegal deforestation and sustainably managing the forestland.”

According to the news reporters, the research concluded: “The importance of this study is to provide a solid quantitative basis to decision-makers that come across this problem of illegal logging through a better, fact-based understanding of the phenomenon.”

For more information on this research see: Corruption, Shadow Economy and Deforestation: Friends or Strangers?. Risks, 2021,9(153):153. (Risks - http://www.mdpi.com/journal/risks). The publisher for Risks is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/risks9090153.

Our news editors report that additional information may be obtained by contacting Adeline-Cristina Cozma, Faculty of Economics and Business Administration, Babes-Bolyai University, 400591 Cluj-Napoca, Romania. Additional authors for this research include Corina-Narcisa (Bodescu) Cotoc, Viorela Ligia Vaidean, Monica Violeta Achim.

(Our reports deliver fact-based news of research and discoveries from around the world.)