FINANCIAL, ECONOMIC, DIGITAL AND ENVIRONMENTAL INCLUSION IN THE CONTEXT OF GLOBAL AGREEMENTS

Otilia Elena Manta
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Otilia Elena Manta: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2022, vol. 10, issue 1, 251-263

Abstract: The G20 Financial Inclusion Action Plan (FIAP) came at a time when multiple crises have gripped the entire society, especially as a result of the effects of the COVID-19 pandemic, the effects of climate change, as well as conflicts around the world. We have been and are witnessing these major disruptions with a direct effect especially on disadvantaged segments such as SMEs, women, the poor and small farmers. During the pandemic crisis, states prioritized and invested in digital public goods (including payment systems for vulnerable and disadvantaged groups) and regulated the enabling and specificity elements for digital financing, an aspect that led to a digital financial infrastructure that would provide financial support quickly for emergencies. Moreover, in this paper we aim to highlight the financial instruments found in global agreements and which are pillars of sustainability for the economies of states and for sustainable societal development.

Keywords: financial inclusion; financial instruments; sustainability; international agreements (search for similar items in EconPapers)
JEL-codes: G02 G23 O19 Q56 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:10:y:2022:i:1:p:251-263

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