scholarly journals Bibliometric Mapping of Research Trends on Financial Behavior for Sustainability

2021 ◽  
Vol 14 (1) ◽  
pp. 117
Author(s):  
Tania López-Medina ◽  
Isabel Mendoza-Ávila ◽  
Nicolás Contreras-Barraza ◽  
Guido Salazar-Sepúlveda ◽  
Alejandro Vega-Muñoz

This article presents a global empirical overview of studies on financial behavior in relation to education, money-saving, and consumption, contributing to research on the Sustainable Development Goals (SDGs) related to social equity in the quality education (4th Sustainable Development Goal) and inequality reduction (10th Sustainable Development Goal) areas. Thus, the data and metadata of 492 articles registered between 1992 and August 2021 were extracted from the Web of Science (Journal Citation Report, JCR) and analyzed with a bibliometric approach, using classical methodological laws and the specialized software VOSviewer. Among the results, we highlight the exponential scientific production growth in the last decades, the concentration in only twelve specific journals indexed in the Journal Citation Report, the global hegemony of US universities in institutional co-authorship networks, and the thematic and temporal segregation of the concepts of financial behavior. We conclude an evolution of two decades in the relevant topics and a concentration in three large blocks: (1) financial education; (2) savings and consumption decisions; (3) financial literacy and investments, which are a temporal evolution that gives for the irruption of diverse visions in the relationship between the evolution of individual financial behavior and the global market. Given it is necessary to know the impact of financial education and financial literacy on personal savings, consumption, and investment behaviors, a larger study on financial behavior could be conducted with this research and an assessment of these results.

Author(s):  
Karen G. Añaños Bedriñana ◽  
José Antonio Rodríguez Martín ◽  
Fanny T. Añaños

This paper aims to measure disparities among the variables associated with Sustainable Development Goal (SDG) 3 defined by the United Nations (UN) in the least developed countries (LDCs) of Asia. In the terms of the UN Conference on Trade and Development, LDCs are countries with profound economic and social inequalities. The indicator was constructed using a set of variables associated with SDG3: Good Health and Wellbeing. Applying Pena’s DP2 distance method to the most recent data available (2018) enables regional ordering of Asia’s LDCs based on the values of these variables. The index integrates socioeconomic variables that permit examination of the impact of each individual indicator to determine territorial disparities in terms of the partial indicators of SDG3. “Maternal education,” “Proportion of women who make their own informed decisions regarding sexual relations, contraceptive use, and reproductive health care,” and “Gender parity index in primary education” are the most important variables in explaining spatial disparities in good health and wellbeing in the LDCs of Asia.


2021 ◽  
Vol 13 (3) ◽  
pp. 1030
Author(s):  
Elżbieta Sobczak ◽  
Bartosz Bartniczak ◽  
Andrzej Raszkowski

This presented study discusses problems related to the implementation of the Sustainable Development Goal 1: No Poverty, aimed at eliminating poverty, based on the example of the Visegrad Group (V4) countries. The introduction addresses the general characteristics of the V4 and attempts to define the concept of sustainable development, with particular emphasis on its complex nature and importance for future generations. The purpose of the research was to assess the diversity within the Visegrad Group countries in the years 2005–2018 in terms of poverty and sustainable development level in the No Poverty area and also to identify the impact of the socioeconomic development level in the studied countries on sustainable development in the No Poverty area. Taking into account the analysis of poverty indicators in the Visegrad Group countries, the best results were recorded for Czechia. The second part of the conducted analyzed allowed us to conclude that Czechia definitely presents the highest level of sustainable development, followed by Slovakia. The highest average dynamics of changes occur in Poland and Hungary, which result in the gradual elimination of the existing disproportions. Among other research results, it is worth highlighting that the V4 countries show significant, however, decreasing differences regarding the indicators describing poverty in relation to sustainable development.


2021 ◽  
Vol 13 (11) ◽  
pp. 5967
Author(s):  
Molly E. Brown

Substantial investment from both the private and public sectors will be needed to achieve the ambitious Sustainable Development Goal 2 (SDG2), which focuses on ending poverty and achieving zero hunger. To harness the private sector, high quality, transparent metrics are needed to ensure that every dollar spent reaches the most marginalized segments of a community while still helping institutions achieve their goals. Satellite-derived Earth observations will be instrumental in accelerating these investments and targeting them to the regions with the greatest need. This article proposes two quantitative metrics that could be used to evaluate the impact of private sector activities on SDG2: measuring increases in yield over baseline and ensuring input availability and affordability in all markets.


Author(s):  
Mary Obidiya Okuku

The purpose of this paper is to present a policy brief on ending open defecation in Nigeria. The briefing notes the burden of open defecation (OD) in Nigeria, its causes, the impact of OD practices, successes achieved so far, as well as the failures encountered and offers recommendations to end the practice in order to achieve the sustainable development goal (SDG) 6.2 of ending open defecation globally by 2030 as proposed by the United Nations.       Key Recommendations: Strong Political Will to uphold and implement policies on sanitation Building more latrines Establishing monitoring team Capacity building Sustainable job creation Improved communication strategy


2021 ◽  
pp. 75-103
Author(s):  
Chaouki Mouelhi ◽  
Hajer Hammami

Several governments around the world have tried strategies based primarily on financial education programs to improve the financial literacy of their citizens. In this study, we discuss a new strategy that involves using knowledge transfer activities carried out by intermediary agents, called financial knowledge brokers, to achieve significant improvement in financial literacy. Thus, the aim of this paper is to test the impact of the five activities of financial knowledge brokers (i.e., financial knowledge acquisition, financial knowledge integration, financial knowledge adaptation, financial knowledge dissemination, and creation of links) on financial literacy. For this, we built a database from a questionnaire carried out to nearly 103 financial advisers during the period June 2015 to June 2017. Overall, the results of Structural equation Modeling (SEM) technique showed that the financial knowledge brokerage activities (four of the five activities) have a positive impact on improving financial literacy as well as on its four dimensions, namely financial attitude, financial behavior, basic financial knowledge, and advanced financial knowledge. JEL classification numbers: D80, F65, G20, I20. Keywords: Financial literacy, Knowledge brokers, Structural equation modeling.


2012 ◽  
Vol 3 (7) ◽  
pp. 204-215
Author(s):  
Noi Keng KOH

The global economic downturn has highlighted the damaging impact of financial illiteracy on individuals, families, communities and entire nations. The need to teach people how to spend, save, invest, borrow and manage money wisely has become more important than ever. It has also raised questions about what it takes to effectively engage people and change their financial behavior. This study is part of a larger study in Singapore schools to study the impact of an initiative to equip teacher’s with pedagogical skills and knowledge to integrate financial literacy messages in day-to-day lessons and foster a socially responsible attitude towards managing money to create a financially sustainable society. This study provides insights into how financial education can be integrated into classroom lessons in schools to deal with challenges that living in modern society presents.


Author(s):  
Yuliia Chaliuk ◽  

The middle class is the basis of socio-economic stability of the state, acts as a generator of economic, social, cultural and institutional transformations. The consumption model of this class is above the subsistence level, which allows them to invest in production activities, to accumulate physical and human capital. Increasing income leads to increased spending on health and education, leisure and entertainment, leads to an increase in the range of consumer goods. Quantitative and qualitative parameters of the middle-class assessment serve as a platform for characterizing living standards and redistribution of economic growth in the country. The tasks of expanding the middle class, combating poverty, smoothing socio-economic asymmetries and imbalances, and improving the well-being of the population are at the heart of the 2030 Agenda for Sustainable Development. Globally, the negative effects of the Covid-19 pandemic create obstacles to achieving the UN Sustainable Development Goals. The world government should reduce the number of poor by at least half by 2030 (Sustainable Development Goal 1, Target 1.2), expand opportunities and promote social, economic and political inclusion of all segments of the population, regardless of their economic status (Sustainable Development Goal 10, Target 10.2), but the pandemic makes its adjustments. In regions such as South Asia and sub-Saharan Africa, instead of reducing poverty, it has risen to 1990 levels. The middle class has suffered the most in South Asia and the Asia-Pacific region. There is no doubt that the Covid-19 pandemic will provoke the deepest socio-economic crisis in 100 years. Representatives of the middle class in India, Brazil, South Africa, Thailand and Ukraine continue to record rising food and real estate prices, their purchasing power is declining, and central banks are forced to tighten monetary policy prematurely. In order for the middle class to stimulate economic growth, increase investment, maintain adequate consumption, use public and private services, national governments and the international community must respond quickly to the crises triggered by Covid-19 and take the necessary measures to eliminate them in order to ensure a decent standard of living above the poverty line.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Steve Butler ◽  
Simon M. Smith

Purpose The purpose of this paper is to explore the impact of the Diversity Project, a cross company initiative that has been applied in the investment and savings profession to accelerate progress towards a more inclusive culture across the industry. This is with a view to providing a template for other industries considering impactful change. Design/methodology/approach This paper considers the approach taken by the investment and savings industry to drive change towards a more inclusive culture by using a summative content analysis approach. The authors framework this application using Sustainable Development Goal 10 (reduced inequalities) to increase relevance and contribution beyond this context. Findings The Diversity Project demonstrates numerous examples of driving change within the investment and savings industry by galvanising cross company support for events, publications, charters and action. These experiences will provide policymakers and practitioners in other industrial sectors insight to achieve similar change. Originality/value The Diversity Project established in 2016 has gained significant traction in the investment and savings industry through membership of 70 firms and 30 partner firms, supporting 18 cross company diversity and inclusion work streams focussed on developing collaborative and cohesive action plans.


Author(s):  
Shingirai S. Mugambiwa ◽  
Happy M. Tirivangasi

This article aims to assess the impacts of climate change towards the achievement of Sustainable Development Goal number two (SDG 2) as well as examining the poverty alleviation strategies by subsistence farmers in South Africa. Widespread hunger and poverty continue to be among the most life-threatening problems confronting mankind. Available statistics show that global poverty remains a serious challenge around the world. Across the globe, one in five people lives on less than $1 a day and one in seven suffers from chronic hunger. Similarly, the developing world is adversely affected by poverty and hunger. In the sub-Saharan Africa, research has revealed a higher prevalence of hunger, malnutrition, poverty and food insecurity. SDG 2 focuses more on eliminating hunger and promoting sustainable agriculture. The study employed an exploratory design and a qualitative method. Snowball sampling was used in selecting relevant sources which led the researchers to other research work on the same field through keywords and reference lists. The researchers employed discourse analysis to analyse data. The study discovered that there are numerous potential effects climate change could have on agriculture. It affects crop growth and quality and livestock health. Farming practices could also be affected as well as animals that could be raised in particular climatic areas. The impact of climate change as well as the susceptibility of poor communities is very immense. The article concludes that climate change reduces access to drinking water, negatively affects the health of people and poses a serious threat to food security.


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