Nexus Among Global Partnership, Quality Education and No Poverty: A Moderated Mediation Investigation Approach
DOI:
https://doi.org/10.61506/Keywords:
No poverty, quality education, global partnership, decent work and economic growth, peace, justice, strong institutionsAbstract
Eradicating poverty is essential for advancing sustainable development goals and ensuring equitable access to resources and opportunities across the globe. Ensuring equitable distribution of economic benefits, fostering social cohesion, and promoting sustainable development all hinge on inclusive growth. This research examines the complex relationships between peace, justice & strong institutions (SDG 16), no poverty (SDG 1), global partnership (SDG 17), decent work & economic growth (SDG 8), and quality education (SDG 4). Quality education and global partnership are independent variables, whereas SDG 16 is the moderating variable, SDG 8 is the mediating variable, and no poverty is a dependent variable. We use the structural equation modeling technique to investigate the direct and indirect impacts of exogenous and endogenous variables. We execute this investigation using a sample of 107 countries, covering the period from 2000 to 2022. According to empirical results based on direct effects, global partnership promotes significantly decent work and economic growth, but the interaction between global partnership and SDG 16 reduces decent work and economic growth. Quality education reduces decent work and economic growth; however, the interaction between quality education and SDG 16 has a positive and significant influence on SDG 8. Moreover, the empirical findings suggest that global partnership, quality education, and their interaction terms all contribute to eradicating poverty, while SDG 8 significantly reduces SDG 1 in the selected countries. In addition to this, indirect findings show that quality education, the interaction of global partnership, and quality education with SDG 16 have favorable indirect influence on SDG 1, with SDG 8 serving as a mediating factor. However, global partnership has a negative indirect influence on SDG 1. Through this integrated perspective, the study advocates for a concerted effort to build strong institutions, promote justice, and harness the power of education and partnerships to achieve SDG 8 and poverty eradication.
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