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Financial technology (fintech) for good can help to achieve sustainable development through environmental, social and governance investing, and through financial inclusion initiatives to address the needs of underbanked and unbanked individuals. Although the COVID-19 pandemic has necessitated...
Persistent link: https://www.econbiz.de/10014565874
Although there are currently four retail central bank digital currencies in circulation, no central bank has yet issued the wholesale form of a central bank digital currency. There are good reasons to do so, however, and central banks have already conducted projects in this area. A wholesale...
Persistent link: https://www.econbiz.de/10014485127
The prominent role of financial inclusion in every economy-as it has been widely acknowledged as an enabler to achieving eight out of the 17 Sustainable Development Goals (SDGs) cannot be overemphasized as far as the welfare of individuals is concerned. This study estimates the effects of...
Persistent link: https://www.econbiz.de/10012657283
We investigate if financial inclusion leads to improved nutrition in rural Rwanda, using Rwandan Integrated Household Living Conditions surveys (2013/14 and 2016/17). Our empirical evidence shows a robust positive impact of financial inclusion efforts undertaken by formal financial institutions,...
Persistent link: https://www.econbiz.de/10014477547
The People's Republic of China (PRC) has rapidly achieved a relatively high degree of financial inclusion (access of individuals to financial products and services) as a result of the development of various large-scale financial platforms using financial technology (fintech) to reduce the cost...
Persistent link: https://www.econbiz.de/10013359380
During the last two decades the CIS countries have received very significant amounts of technical assistance from international development organizations and bilateral donors. While this has played a positive and important role in the transformation of these societies, practically all...
Persistent link: https://www.econbiz.de/10011430807
Global emissions beyond 44 gigatonnes of carbondioxide equivalent (GtCO2e) in 2020 can potentially lead the world to an irreversible climate change. Employing a novel dynamical system modeling approach, we predict that in a business-asusual scenario, it will reach 61 GtCO2e by 2020. Testing...
Persistent link: https://www.econbiz.de/10011396730
The 2030 Agenda for Sustainable Development that includes a set of 17 Sustainable Development Goals (SDG) with 169 specific targets could be a step forward in achieving efficient governance and policies for global sustainable development. An essential element will be the global indicator...
Persistent link: https://www.econbiz.de/10011414222
Goal 7 of the Sustainable Development Goals seeks to ensure universal access to affordable, reliable and modern energy services and increase substantially the share of renewable energy in the global energy mix by 2030. This target provides an opportunity as well as a challenge to African...
Persistent link: https://www.econbiz.de/10011596349
Politicians typically focus on short-term economic issues; but, a nation’s long-term economic well-being is directly linked to its rate of economic growth. In turn, its growth rate is directly linked to the economically relevant skills of its population. Until recently, however, economists...
Persistent link: https://www.econbiz.de/10011662661