nach oben

Erschienen in:

2023 | OriginalPaper | Buchkapitel

1. Sustainable Development Goals – An Initiative towards Inclusive Growth and Circular Economy

verfasst von : Vinay Kandpal, Deep Chandra, Narendra N. Dalei, Jatinder Handoo

Erschienen in: Financial Inclusion in Circular Economy

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

If a nation’s most vulnerable sector eventually becomes financially independent, it will be able to grow economically and socially. Governments worldwide have recently launched several initiatives to create inclusive growth, and steps have been taken to ensure that all feel the benefits of policies. Only a nation with a robust financial system can have sustained prosperity, economic development, and economic progress. All resources, funds, and capital must be allocated appropriately for the Indian economy to achieve its inclusive and sustainable development aims.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 390 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Maschinenbau + Werkstoffe

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Nächstes Kapitel Key Drivers and Challenges for Financial Inclusion

Abdullahi I, Bello F, Kamoru S (2017) Financial inclusion and small and medium enterprises contribution to sustainable economic growth in Nigeria. J Sustain Dev Afr 19(2):52–66

Allen F, Gu X, Jagtiani J (2022) Fintech, cryptocurrencies, and CBDC: financial structural transformation in China. J Int Money Financ 124:102625. https://doi.org/10.1016/j.jimonfin.2022.102625CrossRef

Andersen MS (2007) An introductory note on the environmental economics of the circular economy. Sustain Sci 2(1):133–140. https://doi.org/10.1007/s11625-006-0013-6CrossRef

Ardic OP, Imboden K, Latortue A (2012) Getting to a more comprehensive picture. Financ Access 6. https://www.cgap.org/sites/default/files/cgap_forum_FAS2012.pdf

Arora RU (2018) Financial sector development and smart cities: the Indian case. Sustain Cities Soc 42(March):52–58. https://doi.org/10.1016/j.scs.2018.06.013CrossRef

Banerjee S, Francis G (2014) Financial inclusion and social development. Int J Sci Res Manag 2321:13–18

Banna H, Kabir Hassan M, Rashid M (2021) Fintech-based financial inclusion and bank risk-taking: evidence from OIC countries. J Int Financ Mark Inst Money 75:101447. https://doi.org/10.1016/j.intfin.2021.101447CrossRef

Barreiro-Gen M, Lozano R (2020) How circular is the circular economy? Analysing the implementation of circular economy in organisations. Bus Strateg Environ 29(8):3484–3494. https://doi.org/10.1002/bse.2590CrossRef

Beck T, Demirgüç-Kunt A, Levine R (2007) Finance, inequality and the poor. J Econ Growth 12(1):27–49. https://doi.org/10.1007/s10887-007-9010-6CrossRef

Berg A, Antikainen R, Hartikainen E, Kauppi S, Kautto P, Lazarevic D, Piesik S, Saikku L (2018) Reports of the Finnish environment institute -circular economy for sustainable development. In: Reports of the Finnish Environment Institute, vol 26. https://helda.helsinki.fi/handle/10138/251516

Blasi S, Ganzaroli A, De Noni I (2022) Smartening sustainable development in cities: strengthening the theoretical linkage between smart cities and SDGs. Sustain Cities Soc 80(February):103793. https://doi.org/10.1016/j.scs.2022.103793CrossRef

Bollaert H, Lopez-de-Silanes F, Schwienbacher A (2021) Fintech and access to finance. J Corp Finan 68:101941. https://doi.org/10.1016/j.jcorpfin.2021.101941CrossRef

Bonciu F (2014) The European Economy: from a linear to a circular economy. Rom J Eur Aff 14:78–91

Brennan G, Tennant M, Blomsma F (2015) Business and production solutions: closing loops and the circular economy. In: Kopnina H, Shoreman-Ouimet E (eds) Sustainability: key issues. Earthscan/Routledge, pp 219–239. https://doi.org/10.4324/9780203109496-11CrossRef

Chibba M (2008) Monetary policy for small emerging market economies: the way forward. Macroecon Finance Emerg Mark Econ 1:299–306. https://doi.org/10.1080/17520840802252894CrossRef

Chibba M (2009) Financial inclusion, poverty reduction and the millennium development goals. Eur J Dev Res 21:213–230. https://doi.org/10.1057/ejdr.2008.17CrossRef

Chibba M, Luiz JM (2011) Poverty, inequality and unemployment in South Africa: context, issues and the way forward. Econ Pap J Appl Econ Policy 30(3):307–315. https://doi.org/10.1111/j.1759-3441.2011.00129.xCrossRef

Chithra N, Selvam M (2013) Determinants of financial inclusion: an empirical study on the inter-state variations in India. SSRN Electron J. https://doi.org/10.2139/ssrn.2296096

Cifuentes-Faura J (2022) Circular economy and sustainability as a basis for economic recovery post-COVID-19. Circ Econ Sustain 2(1):1–7. https://doi.org/10.1007/s43615-021-00065-6CrossRef

Clámara N, Peña X, David T (2014) Factors that matter for financial inclusion: evidence from Peru. BBVA research, working paper no. 14/09 Madrid, 1–26. https://doi.org/10.5605/ieb.10.1

Cnaan RA, Moodithaya MS, Handy F (2012) Financial inclusion: lessons from rural South India. J Soc Policy 41(1):183–205. https://doi.org/10.1017/S0047279411000377CrossRef

Corvellec H, Stowell AF, Johansson N (2022) Critiques of the circular economy. J Ind Ecol 26(2):421–432. https://doi.org/10.1111/jiec.13187CrossRef

Cudečka-Puriņa N, Atstāja D, Koval V, Purviņš M, Nesenenko P, Tkach O (2022) Achievement of sustainable development goals through the implementation of circular economy and developing regional cooperation. Energies 15(11):4072. https://doi.org/10.3390/en15114072CrossRef

Dabla-Norris E, Ji Y, Townsend R, Unsal DF (2015) Identifying constraints to financial inclusion and their impact on GDP and inequality: a structural framework for policy. IMF Work Pap 15(22):1. https://doi.org/10.5089/9781498381598.001CrossRef

Dantas TET, de-Souza ED, Destro IR, Hammes G, Rodriguez CMT, Soares SR (2021) How the combination of circular economy and industry 4.0 can contribute towards achieving the sustainable development goals. Sustain Prod Consum 26:213–227. https://doi.org/10.1016/j.spc.2020.10.005CrossRef

Dalei NN, Gupta A (2022) Sustainable energy and environmental sustainability in an economics and policy prospective. In: Dalei NN, Gupta A (eds) Economics and policy of energy and environmental sustainability. Springer, Singapore. https://doi.org/10.1007/978-981-19-5061-2_1

Demirguc-Kunt A, Klapper L, Singer D (2017) Financial inclusion and inclusive growth: a review of recent empirical evidence. In: Policy Research Working Papers. The World Bank. https://doi.org/10.1596/1813-9450-8040CrossRef

Demirguc-Kunt A, Klapper L, Singer D, Ansar S, Hess J (2018) The global Findex database 2017: measuring financial inclusion and the Fintech revolution. International Bank for Reconstruction and Development/The World Bank. https://doi.org/10.1596/978-1-4648-1259-0CrossRef

Essel-Gaisey F, Chiang T-F (2022) Turning the tide on environmental poverty in Ghana: does financial inclusion matter? Sustain Prod Consum 33:88–100. https://doi.org/10.1016/j.spc.2022.06.018CrossRef

European Commission (2018) Closing the loop—an EU action plan for the circular economy. In: European Commission, vol 29. http://ec.europa.eu/environment/circular-economy/index_en.htm

Fu J, Mishra M (2022) Fintech in the time of COVID−19: technological adoption during crises. J Financ Intermed 50:100945. https://doi.org/10.1016/j.jfi.2021.100945CrossRef

Ghosh S (2016) Does mobile telephony spur growth? Evidence from Indian states. Telecommun Policy 40(10–11):1020–1031. https://doi.org/10.1016/j.telpol.2016.05.009CrossRef

Gregory MN, Ball Laurence M (2010) Macroeconomics and the financial system (first). Worth Publishers

Haarstad H (2017) Constructing the sustainable city: examining the role of sustainability in the ‘smart city’ discourse. J Environ Policy Plan 19(4):423–437. https://doi.org/10.1080/1523908X.2016.1245610CrossRef

Hadfield P, Coenen L (2022) Contemporary financial capitalism and sustainability transitions in urban built environments. Environ Innov Soc Trans 42:285–300. https://doi.org/10.1016/j.eist.2022.01.004CrossRef

Hahladakis JN, Iacovidou E (2019) An overview of the challenges and trade-offs in closing the loop of post-consumer plastic waste (PCPW): focus on recycling. J Hazard Mater 380:120887. https://doi.org/10.1016/j.jhazmat.2019.120887CrossRef

Hajilee M, Stringer DY, Metghalchi M (2017) Financial market inclusion, shadow economy and economic growth: new evidence from emerging economies. Q Rev Econ Finance 66:149–158. https://doi.org/10.1016/j.qref.2017.07.015CrossRef

Han R, Melecky M (2013) Financial inclusion for stability: access to Bank deposits and the deposit growth during the global financial crisis. Policy Res Work Pap 6577(2116). https://doi.org/10.1227/01.NEU.0000349921.14519.2A

Hens L, Block C, Cabello-Eras JJ, Sagastume-Gutierez A, Garcia-Lorenzo D, Chamorro C, Herrera Mendoza K, Haeseldonckx D, Vandecasteele C (2018) On the evolution of “cleaner production” as a concept and a practice. J Clean Prod 172:3323–3333. https://doi.org/10.1016/j.jclepro.2017.11.082CrossRef

Inoue T, Hamori S (2016) Financial access and economic growth: evidence from Sub-Saharan Africa. Emerg Mark Financ Trade 1–11:743–753. https://doi.org/10.1080/1540496X.2016.1116282CrossRef

Jackson C (1996) Rescuing gender from the poverty trap. World Dev 24(3):489–504. https://doi.org/10.1016/0305-750X(95)00150-BCrossRef

Kablana ASK, Chhikara KS (2013) A theoretical and quantitative analysis of financial inclusion and economic growth. Manag Labor Stud J 38(1 & 2):103–133. https://doi.org/10.1177/0258042X13498009CrossRef

Kandpal V (2018) Shaping India’s future by building smart future sustainable cities. Int J Electron Gov Res 14(4):27–38. https://doi.org/10.4018/IJEGR.2018100103CrossRef

Kapoor A (2014) Financial inclusion and the future of the Indian economy. Futures 56:35–42. https://doi.org/10.1016/j.futures.2013.10.007CrossRef

Kara A, Zhou H, Zhou Y (2021) Achieving the United Nations’ sustainable development goals through financial inclusion: a systematic literature review of access to finance across the globe. Int Rev Financ Anal 77:101833. https://doi.org/10.1016/j.irfa.2021.101833CrossRef

Karlan D, Zinman J (2010) Expanding credit access: using randomized supply decisions to estimate the impacts. Rev Financ Stud 23(1):433–464. https://econpapers.repec.org/RePEc:oup:rfinst:v:23:y:2010:i:1:p:433-464CrossRef

Kendall J (2012) Local financial development and growth. J Bank Financ 36(5):1548–1562. https://doi.org/10.1016/j.jbankfin.2012.01.001CrossRef

Kim J-H (2015) A study on the effect of financial inclusion on the relationship between income inequality and economic growth. Emerg Mark Financ Trade 52(2):498–512. https://doi.org/10.1080/1540496X.2016.1110467CrossRef

Klapper L, El-Zoghbi M, Hess J (2016) Achieving the sustainable development goals the role of financial inclusion. CGAP. 10.18520/cs/v110/i2/127-128

Kopnina H (2020) Education for the future? Critical evaluation of education for sustainable development goals. J Environ Educ 51(4):280–291. https://doi.org/10.1080/00958964.2019.1710444CrossRef

Kraemer-Mbula E, Lorenz E, Takala-Greenish L, Jegede OO, Garba T, Mutambala M, Esemu T (2019) Are African micro- and small enterprises misunderstood? Unpacking the relationship between work organisation, capability development and innovation. Int J Technol Learn Innov Dev 11(1):1–30. https://doi.org/10.1504/IJTLID.2019.097411

Kuada J (2019) 12 – financial inclusion and the sustainable development goals. In: Makina D (ed) Extending financial inclusion in Africa. Academic Press, pp 259–277. https://doi.org/10.1016/B978-0-12-814164-9.00012-8CrossRef

Kuhlmann M, Bening CR, Hoffmann VH (2022) How incumbents realize disruptive circular innovation – overcoming the innovator’s dilemma for a circular economy. Bus Strateg Environ. https://doi.org/10.1002/bse.3109

Kumar B, Mohanty B (2011) Financial inclusion and inclusive development in SAARC countries with special reference to India. Vilakshan XIMB J Manag 8(2):13–22

Kumar S, Parimal Sarkar J, Bonnerjee S (2014) Impact of banking penetration on economic growth: a state-wise comparative study. Bus Perspect Res 2(2):47–64. https://doi.org/10.1177/2278533720140206CrossRef

Kyllönen M (2017) Can the EU’s circular economy apply to ports? The Parliament Magazine, May 1–5. https://www.theparliamentmagazine.eu/news/article/can-the-eus-circular-economy-apply-toports

Levine R (2005) Finance and growth: theory and evidence. Handb Econ Growth 1(SUPPL. PART A):865–934. https://doi.org/10.1016/S1574-0684(05)01012-9CrossRef

Lüdeke-Freund F, Gold S, Bocken NMP (2019) A review and typology of circular economy business model patterns. J Ind Ecol 23(1):36–61. https://doi.org/10.1111/jiec.12763CrossRef

Manyika J, Lund S, Singer M, White O, Berry C (2016) Digital finance for all: powering inclusive growth in emerging economies. McKinsey Global Institute, USA

Martin CJ, Evans J, Karvonen A (2018) Smart and sustainable? Five tensions in the visions and practices of the smart-sustainable city in Europe and North America. Technol Forecast Soc Chang 133:269–278. https://doi.org/10.1016/j.techfore.2018.01.005CrossRef

Moll B (2014) Productivity losses from financial frictions. Am Econ Rev 104(10):3186–3221. https://doi.org/10.1257/aer.104.10.3186, http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=98644452&lang=pt-br&site=ehost-liveCrossRef

Muganyi T, Yan L, Sun H (2021) Green finance, fintech and environmental protection: evidence from China. Environ Sci Ecotechnol 7:100107. https://doi.org/10.1016/j.ese.2021.100107CrossRef

Mukherjee S, Mallik SS, Thakur D (2019) Tracking financial inclusion in India: a study of SHG initiatives. Indian J Hum Dev 13(1):32–46. https://doi.org/10.1177/0973703019839807CrossRef

Murinde V, Rizopoulos E, Zachariadis M (2022) The impact of the FinTech revolution on the future of banking: opportunities and risks. Int Rev Financ Anal 81:102103. https://doi.org/10.1016/j.irfa.2022.102103CrossRef

Murray A, Skene K, Haynes K (2017) The circular economy: an interdisciplinary exploration of the concept and application in a global context. J Bus Ethics 140(3):369–380. https://doi.org/10.1007/s10551-015-2693-2CrossRef

Narayanan A, Jenamani M, Mahanty B (2021) Determinants of sustainability and prosperity in Indian cities. Habitat Int 118:102456. https://doi.org/10.1016/j.habitatint.2021.102456CrossRef

Niemets K, Kravchenko K, Kandyba Y, Kobylin P, Morar C (2021) World cities in terms of the sustainable development concept. Geogr Sustain 2(4):304–311. https://doi.org/10.1016/j.geosus.2021.12.003CrossRef

Ostry J, Berg A (2011) Inequality and unsustainable growth: two sides of the same coin? IMF Staff Discuss Notes 11:21. https://doi.org/10.5089/9781463926564.006CrossRef

Ozili PK (2018) Impact of digital finance on financial inclusion and stability. Borsa Istanbul Rev 18(4):329–340. https://doi.org/10.1016/j.bir.2017.12.003CrossRef

Padilla-Rivera A, Russo-Garrido S, Merveille N (2020) Addressing the social aspects of a circular economy: a systematic literature review. Sustainability 12(19):1–17. https://doi.org/10.3390/SU12197912CrossRef

Pasali SS (2013) Where is the Cheese? Synthesizing a giant literature on causes and consequences of financial sector development. Policy research working paper no. 6655,The World Bank Finance and Private Sector Development

Pizzi S, Corbo L, Caputo A (2021) Fintech and SMEs sustainable business models: reflections and considerations for a circular economy. J Clean Prod 281:125217. https://doi.org/10.1016/j.jclepro.2020.125217CrossRef

Pradhan R (2010) Financial deepening, foreign direct investment and economic growth: are they cointegrated. Int J Financ Res 1:37. https://doi.org/10.5430/ijfr.v1n1p37CrossRef

Preston F (2012) A global redesign? Shaping the circular economy. Energy, environment and resource governance, March 1–20. http://www.chathamhouse.org/sites/files/chathamhouse/public/Research/EnergyEnvironmentandDevelopment/bp0312_preston.pdf

Prieto-Sandoval V, Jaca C, Ormazabal M (2018) Towards a consensus on the circular economy. J Clean Prod 179:605–615. https://doi.org/10.1016/j.jclepro.2017.12.224CrossRef

Schroeder P, Anggraeni K, Weber U (2019) The relevance of circular economy practices to the sustainable development goals. J Ind Ecol 23(1):77–95. https://doi.org/10.1111/jiec.12732CrossRef

Sethi D, Acharya D (2018) Financial inclusion and economic growth linkage: some cross country evidence. J Financ Econ Policy 10(3):369–385. https://doi.org/10.1108/JFEP-11-2016-0073CrossRef

Sharizan S, Redzuan NH, Rosman R (2021) Issues and challenges of financial inclusion among low-income earners in rural areas of Malaysia. Turk J Islam Econ 8(Special Issue):277–299. https://doi.org/10.26414/a2376CrossRef

Skawińska E, Zalewski RI (2018) Circular economy as a management model in the paradigm of sustainable development. Management 22(2):217–233. https://doi.org/10.2478/manment-2018-0034CrossRef

Somanje AN, Mohan G, Lopes J, Mensah A, Gordon C, Zhou X, Moinuddin M, Saito O, Takeuchi K (2020) Challenges and potential solutions for sustainable urban-rural linkages in a Ghanaian context. Sustainability 12(2):1–19CrossRef

Su B, Heshmati A, Geng Y, Yu X (2013) A review of the circular economy in China: moving from rhetoric to implementation. J Clean Prod 42:215–227. https://doi.org/10.1016/j.jclepro.2012.11.020CrossRef

Sulich A, Sołoducho-Pelc L (2022) The circular economy and the Green Jobs creation. Environ Sci Pollut Res 29(10):14231–14247. https://doi.org/10.1007/s11356-021-16562-yCrossRef

Tay L, Tai H, Tan G (2022) Digital financial inclusion: a gateway to sustainable development. Heliyon 8(March):e09766. https://doi.org/10.1016/j.heliyon.2022.e09766CrossRef

Truby J (2020) Governing artificial intelligence to benefit the UN sustainable development goals. Sustain Dev 28:1–14. https://doi.org/10.1002/sd.2048CrossRef

UNDP (2017) United Nations Development Program (UNDPs) strategy for inclusive and sustainable growth. http://www.undp.org/content/dam/undp/library/PovertyReduction/UNDPsInclusiveandSustainableGrowth-final.pdf?download

United Nations (2016) Digital financial inclusion. https://www.un.org/esa/ffd/wp-content/uploads/2016/01/Digital-Financial-Inclusion_ITU_IATF-Issue-Brief.pdf

United Nations (2019) The sustainable development goals report. In: United Nations publication issued by the Department of Economic and Social Affairs. https://unstats.un.org/sdgs/report/2019/The-Sustainable-Development-Goals-Report-2019_Spanish.pdf

World Bank (2018) Financial inclusion: financial inclusion is a key enabler to reducing poverty and boosting prosperity. https://www.worldbank.org/en/topic/financialinclusion/overview

Yuan Z, Bi J, Moriguchi Y (2006) The circular economy: a new development strategy in China. J Ind Ecol 10:4–8. https://doi.org/10.1162/108819806775545321

Zheng H, Ge L (2022) Carbon emissions reduction effects of sustainable development policy in resource-based cities from the perspective of resource dependence: theory and Chinese experience. Res Policy 78:102799. https://doi.org/10.1016/j.resourpol.2022.102799CrossRef

Titel: Sustainable Development Goals – An Initiative towards Inclusive Growth and Circular Economy
verfasst von: Vinay Kandpal
Deep Chandra
Narendra N. Dalei
Jatinder Handoo
Verlag: Springer International Publishing
Buch: Financial Inclusion in Circular Economy
Print ISBN: 978-3-031-22722-6

Electronic ISBN: 978-3-031-22723-3

Copyright-Jahr: 2023
DOI: https://doi.org/10.1007/978-3-031-22723-3_1

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Technik"

Springer Professional "Wirtschaft"