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Purpose – The vulnerability and adaptive capacities of cities in Latin America have received relatively less attention compared to other regions of the world. This chapter seeks to address these gaps by (a) examining vulnerability to the health impacts from air pollution and temperature, and exploring whether socioeconomic factors between neighborhoods differentiate these risks within the cities of Bogota, Buenos Aires, Mexico City, and Santiago and (b) assessing the capacity of urban populations to perceive and respond to vulnerability and risk.

Design/methodology/approach – Because of the complex nature of vulnerability, we combined a set of quantitative and quantitative methods and data to determine whether and under what conditions the people in these cities are vulnerable (e.g., Time Series Analysis, Generalized Linear Model, and statistical correlations of exposure and human mortality with socioeconomic vulnerability).

Findings – We found high levels of PM10, ozone, and other criteria air pollutants in three cities for which we had data. However, the pattern of their impacts on health depends on the particulars of pollutant levels and atmospheric and weather conditions of each city. Our results reflect the varied facets of urban vulnerability and shed light on the nature of the associated human health risks. Although wealthy populations have access to education, good quality housing, and health services to mitigate some environmental risks, overall the data show that health impacts from air pollution and temperature in the study cities do not necessarily depend on socioeconomic differentiations.

Research limitations/implications – Although we sought to use quantitative and qualitative methods, given the complexity of the research, it has proven difficult to fully explore these issues across scales and with a full accounting of local context.

Practical implications – Our findings show that wealthy and educated populations may be equally at risk to the health implications of air pollution. Policies designed to mitigate these risks should not use socioeconomic characteristics as predictors of a population's risk in relation to air pollution.

Originality/value – This research contributes valuable insights into the dynamics of vulnerability to air pollution in Latin American cities, a region that has been historically underrepresented in empirical studies of urban risk. We have also combined a range of methods and approaches to improve our understanding of the multifaceted nature of urban vulnerability to global environmental change.

This paper investigates how relative environmental regulation influences the flow of foreign direct investment (FDI), and thereby assesses the pollution haven hypothesis (PHH). In this field, conflicting results exist, partly due to the mere consideration of absolute environmental regulation or the inadequate consideration of endogeneity. Concerning these, we study China’s inward FDI from 26 developed countries and 12 developing countries over 1996–2009, and collect four different environmental regulation indicators at relative values of CO₂, SO₂, PM10, and an environmental regulation index. Using an instrumental variable approach, we find strong PHH evidence no matter for the subsample of FDI from developed countries or the one from developing countries. Moreover, we show how such results can be masked if failing to consider the endogeneity.

In this chapter, we analyzed the effects of internationalization on innovation, productivity, and firm performance among multinational pharmaceutical companies as representatives of a global knowledge-based industry. The empirical analysis used multiple stepwise regressions based on a sample of 149 firms headquartered in Europe and the US. The results indicate that innovation outcomes are positively correlated to the number of foreign subsidiaries (scope internationalization), whereas surprisingly, formal research and development (R&D) does not seem to directly influence innovation. This suggests that the firms benefit from local overseas subsidiaries to create and implement new innovative offerings. The number of foreign subsidiaries has a U-shaped relationship to patent productivity suggesting that firms can gain advantages by locating cost-intensive activities in low-cost countries and critical tasks in advanced market locations. Firm performance has a U-shaped relationship to sales abroad (scale internationalization) and the relationship is further enhanced by a high focus on R&D. This suggests that sales abroad enable scale economies, where R&D improves quality and relevance of products and thereby boosts performance. Finally, to validate the findings we conducted two semi-structured interviews with representative industry experts and gained further insights for an extended interpretation of results.

Basing himself on the premise that present economic progress cannot follow the ‘Business as usual paradigm’ and hope for continued and unlimited progress, the author holds that we need to look into the larger dimensions of growth and development, which include social, environmental and other complex factors. So in this chapter, the author makes some pertinent suggestions for a sustainable growth model inspired by green growth and degrowth.

The first section evaluates the salient features of green growth and its drawbacks. It is followed by a discussion on the notion of degrowth, with its challenge to change the direction of growth (economic, ecological, social and cultural), without which human civilisation, as we know it today, may not survive. Finally, in the concluding chapter, based on these two notions of green growth and degrowth, an all-inclusive and sustainable regrowth model is propounded.

By creating an awareness of the need to shift development goals and Corporate Social Responsibility (CSR), the author argues that we could use economic regrowth strategically and responsibly to make the world more sustainable and viable. Responsible corporates will make their contribution to such an organic, resilient and sustainable regrowth and their CSR activities could be the starting point for this change, without which humanity's future is seriously threatened.

Finally, the author acknowledges that humanity has profited from the tremendous technological and economic progress we have made in the last four centuries, learnt from its mistakes and are ready to reorient ourselves individually and collectively towards a sustainable economic regrowth.