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Digital financial inclusion - an engine for „leaving no one behind“

Author

Listed:
  • Luigi Ferrata

    (Community Group, Italian Alliance for Sustainable Development (ASviS), Cadimarco - Fiesse (Brescia), Italy)

Abstract

Although none of the goals of the United Nations Agenda 2030 is dedicated to finance, can the use of financial instruments play a role in achieving some of the Sustainable Development Goals? Can financial instruments contribute to the reduction of hunger and poverty, to ensuring healthy lives, gender equality, decent jobs and the growth of micro, small and medium-sized enterprises (MSMEs), reducing inequalities, enhancing an effective fight against corruption and increasing the mobilization of additional financial resources? This article highlights how financial inclusion, meaning the access to financial services, allows the weakest to contribute to the achievement of the SDGs and to improve their life conditions. From the evidence of the UNSGSA (2018) report on integrating SDG progress through digital financial inclusion, it becomes clear that digital finance is a key that can help in boosting financial inclusion.

Suggested Citation

  • Luigi Ferrata, 2019. "Digital financial inclusion - an engine for „leaving no one behind“," Public Sector Economics, Institute of Public Finance, vol. 43(4), pages 445-458.
    • Handle: RePEc:ipf:psejou:v:43:y:2019:i:4:p:445-458
    DOI: 10.3326/pse.43.4.6
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    References listed on IDEAS

    as
    1. World Health Organization & World Bank, 2017. "Tracking Universal Health Coverage," World Bank Publications - Books, The World Bank Group, number 29042, December.
    2. Chloé van Biljon & Dieter von Fintel & Atika Pasha, 2018. "Bargaining to work: the effect of female autonomy on female labour supply," Working Papers 04/2018, Stellenbosch University, Department of Economics.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Agenda 2030; Sustainable Development Goals; financial inclusion; poverty; gender parity; fintech;
    All these keywords.

    JEL classification:

    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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