Publication Date
11-2020
Summary
The concern for economic well-being undergirds most of the United Nations Sustainable Development Goals. This Perspective articulates an agenda for advancing those goals in resource-constrained countries by leveraging financial capability and asset-building (FCAB) strategies. It also specifies a role for financial technology (commonly called “FinTech”) in this work. The authors conclude with a call for better integrating FCAB and FinTech into plans for advancing the SDGs.
Document Type
Perspective
Category
Financial Inclusion
Subarea
Financial Capability, Global Asset Building
Original Citation
Ansong, D., Okumu, M., Huang, J., Sherraden, M. S., Johnson, L., & Zou, L. (2020, November). Financial capability and asset building in social and economic development: Advancing the Sustainable Development Goals (CSD Perspective No. 20-27). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/vh44-x812
Keywords
account, Africa, assets, COVID-19, economic development, economic well-being, education, employment, FCAB, financial capability and asset building, financial hardship, financial inclusion, financial services, financial technology, financial vulnerability, FinTech, financial well-being, Millennium Development Goals, mobile phone, pandemic, policy, poverty, social development, social protection, unbanked adult, United Nations Sustainable Development Goals, no poverty, zero hunger, good health and well-being, quality education, gender equality, decent work and economic growth, reduced inequalities
Recommended Citation
Ansong, D., Okumu, M., Huang, J., Sherraden, M. S., Johnson, L., & Zou, L. (2020, November). Financial capability and asset building in social and economic development: Advancing the Sustainable Development Goals (CSD Perspective No. 20-27). St. Louis, MO: Washington University, Center for Social Development. https://doi.org/10.7936/vh44-x812
DOI: https://doi.org/10.7936/vh44-x812