Financial Capability and Asset Building in Social and Economic Development: Advancing the Sustainable Development Goals

David Ansong; Moses Okumu; Jin Huang`; Margaret S. Sherraden; Lissa Johnson; Li Zou

doi:10.7936/vh44-x812

Financial Capability and Asset Building in Social and Economic Development: Advancing the Sustainable Development Goals

David Ansong, Moses Okumu, Jin Huang`, Margaret S. Sherraden, Lissa Johnson, Li Zou

Research output: Contribution to journal › Article › peer-review

Abstract

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.

Original language	American English
Journal	Default journal
DOIs	https://doi.org/10.7936/vh44-x812
State	Published - Nov 1 2020
Externally published	Yes

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

Disciplines

Other Social and Behavioral Sciences
Social Work

Access to Document

10.7936/vh44-x812License: CC BY

Financial Capability and Asset Building in Social and Economic DeFinal published version, 405 KBLicense: CC BY

Cite this

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title = "Financial Capability and Asset Building in Social and Economic Development: Advancing the Sustainable Development Goals",

abstract = " 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.",

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",

author = "David Ansong and Moses Okumu and Jin Huang` and Sherraden, {Margaret S.} and Lissa Johnson and Li Zou",

note = "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",

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AU - Ansong, David

AU - Okumu, Moses

AU - Huang`, Jin

AU - Sherraden, Margaret S.

AU - Johnson, Lissa

AU - Zou, Li

N1 - 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

PY - 2020/11/1

Y1 - 2020/11/1

N2 - 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.

AB - 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.

KW - account

KW - Africa

KW - assets

KW - COVID-19

KW - economic development

KW - economic well-being

KW - education

KW - employment

KW - FCAB

KW - financial capability and asset building

KW - financial hardship

KW - financial inclusion

KW - financial services

KW - financial technology

KW - financial vulnerability

KW - FinTech

KW - financial well-being

KW - Millennium Development Goals

KW - mobile phone

KW - pandemic

KW - policy

KW - poverty

KW - social development

KW - social protection

KW - unbanked adult

KW - United Nations Sustainable Development Goals

KW - no poverty

KW - zero hunger

KW - good health and well-being

KW - quality education

KW - gender equality

KW - decent work and economic growth

KW - reduced inequalities

UR - https://openscholarship.wustl.edu/csd_research/914

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DO - 10.7936/vh44-x812

M3 - Article

JO - Default journal

JF - Default journal

ER -

Financial Capability and Asset Building in Social and Economic Development: Advancing the Sustainable Development Goals

Abstract

Keywords

Disciplines

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