scholarly journals Banking system stability: A prerequisite for financing the Sustainable Development Goals in Nigeria

2021 ◽  
Vol 16 (2) ◽  
pp. 103-118
Author(s):  
Agatha Amadi ◽  
Kehinde A. Adetiloye ◽  
Abiola Babajide ◽  
Idimmachi Amadi

The banking system, which has been the fulcrum of funding for Nigeria’s economy, is plagued by instability in the face of a growing amount of non-performing loans. This is examined in the current milieu of the need for funding the Sustainable Development Goals (SDGs). Using a number of proxies for SDGs 8 and 9, annual time series data covering 1992 to 2019 were used with variables such as GDP per capita, commercial banks’ loans to small-scale enterprises, banking system stability indicators and liquid assets to total assets of banks. The study utilized the Autoregressive Distributed Lag. Findings showed that banking system stability has a significant positive effect on funding the SDGs 8 and 9 beyond the five per cent level of significance within the study period. Non-performing loans remained negative throughout the study. The result suggests that banking stability would enhance funding of the SDGs, and banks would be stable if they finance the SDGs. The policy implication explains the importance of banks actively pursuing opportunities to build sustainable enterprises and developing strategies that will enable their core banking business to be more venture-driven rather than consumer-oriented. In conclusion, there is a need to completely eliminate or reduce the quantum of non-performing loans from the system and establish a regulatory framework that will facilitate its expected role of intermediation in the economy profitably and successfully. AcknowledgmentThe authors would like to appreciate Covenant University for financial support to publish this paper.

2019 ◽  
Vol 11 (13) ◽  
pp. 3504 ◽  
Author(s):  
Yizhong Huan ◽  
Haitao Li ◽  
Tao Liang

Regarding the sustainable development goals (SDGs) formulated by the United Nations (UN), how to effectively measure, assess and compare the progress and trends of these SDGs in different countries was the problem we wanted to address. Based on past quantitative assessments, this paper proposed a new methodological framework for SDG assessment and analysis, and used two typical Central Asian countries, Kazakhstan and Kyrgyzstan, as the sample area to test the framework. Our study chose 209 indicators and indicator sets, including 429 specific indicators and collected relevant indicator data for the two countries from 2000 to 2017, then proposed a new direction for the unification of indicator data as well as methods for normalization. Afterward, the scores of each goal and SDG performance were calculated. This analysis was also done innovatively using the Chow Test to conduct further analysis of the SDG performance. According to the assessment, over those 18 years, Kyrgyzstan’s SDGs had been performing poorly, especially the economic SDGs, while the performance of Kazakhstan’s SDGs had remained in constant fluctuation. It could be said that the SDG performance in Central Asia as a whole was not very optimistic. It required the devotion of greater efforts in the gathering of different types of indicator data because there were still gaps in data collection between countries as well as the missing of time-series data, which could challenge the indicator selection and further restrict the follow-up assessment and analysis. The assessment framework presented in this paper can be applied for assessing the long-term performance of national SDGs of different countries, helping analyze the internal relationship dynamic among and within countries, underscoring specific issues of sustainable development, assessing policy and selecting development models and directions.


2021 ◽  
Vol 13 (2) ◽  
pp. 46-60
Author(s):  
Tatiana I. Vinogradova

The paper investigates the participatory budgeting phenomenon in how it may accelerate many of the Sustainable Development Goals (SDGs) and support governments in reaching targets of the 2030 Agenda. The article analyzes the links between public participation in the budget process and sustainable development, illustrates the difference between participatory budgeting and other forms of public participation, and highlights the main effects of participatory budgeting. Results emerged from the analysis are that participatory budgeting as an adaptive mechanism can be integrated into the national objectives for the localization of the 2030 Agenda; that as a small-scale tool it can become a mechanism for testing numerous innovative approaches to public services provision; and that the “sustainable community creation” effect is the most important contribution to the Sustainable Development Goals.


2019 ◽  
Vol 2 ◽  
pp. 1-8
Author(s):  
Jessica Gosling-Goldsmith ◽  
Britta Ricker ◽  
Menno Jan Kraak

<p><strong>Abstract.</strong> Small-scale thematic maps help to visualize world-wide data, yet small nations can be difficult to discern or are omitted completely. This occurs for small island developing states (SIDS), a group of more than fifty states recognized by the United Nations for their social, economic and environmental vulnerabilities. Through this study we proposed and evaluated alternative maps to increase the perceptibility of SIDS using indicator data of the Sustainable Development Goals (SDGs). These goals link social, economic and environmental objectives to achieve globally by 2030. Five cartographic solutions were refined to one based on input from two focus groups of geoinformation scientists and cartographers as well as an interview with a SIDS resident. The selected map was evaluated by a larger audience in an online survey. Most survey participants had some experience with SIDS, worked in international organizations and/or had graduate-level degrees in a geographic-related science. While recommendations for improvement were provided, nearly seventy percent of the participants agreed the presented design was appropriate to represent SIDS in choropleth world maps.</p>


2020 ◽  
Vol 12 (11) ◽  
pp. 4529 ◽  
Author(s):  
Sofia Arana Landin

There are practical challenges for the implementation of the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda. In a number of policies, social economy (SE) entities can play a central role in terms of achieving their targets. One possible method of implementing several of the SDGs is through the promotion of such entities, as these have already proved to be a successful method for achieving different objectives related to a better quality of life and sustainability (i.e., the creation of jobs, reducing inequality, local investment, responsible social practices, or environmental protection). However, it is not immediately obvious that these entities can also help implement SDG 14, which aims to “conserve and sustainably use the oceans, seas and marine resources for sustainable development.” The purpose of this paper is to empower sustainable small-scale fishing (SSF) through SE policies by means of a transdisciplinary approach. SSF is a sector that tends to be firmly rooted in local communities, with its traditions and values coinciding with those of the SE. Thus, SE entities can be an important asset to “Provide access for small-scale artisanal fishers to marine resources and markets.” Therefore, different public policies in the area of SSF are proposed here in order to ensure they are implemented correctly.


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