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

DOI:

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

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