As digital technologies rapidly transform global economies, the digital financial inclusion index (DFII) has emerged as a critical driver of economic growth, particularly in developing regions. In the context of China, where regional economic disparities persist, the expansion of digital...

To contribute to the fight against climate change and achieve a carbon-neutral economy, a large volume of funds must be mobilised to finance the necessary investment. The international financial system will play a key role in this process to channel the financing, but considerable changes will...

The consequences of climate change affect both the financial system and the economy as a whole. Understanding the attendant risks and meeting the goals of the Paris Agreement, so as to restrict the rise in global temperature and mobilise the resources needed to achieve a carbonneutral economy,...

Italian Abstract: Nell’ultimo biennio, gli investimenti sostenibili hanno conosciuto una crescita significativa, a fronte di un andamento altalenante dei principali benchmark azionari. A livello globale e nell’ambito dell’area euro, gli indici che includono le società ritenute più...

Aim: Both the Keynesian and the Fisherian channels of sovereign money growth have slowed down significantly in the decade following the Global Financial Crisis (GFC). This, together with the rise of fintech, privately issued unbacked crypto-assets tried to fill this void. These developments have...

Our paper uses a novel methodology to reexamine the relationship between financial development and economic growth in the era of sustainable development. Our empirical procedure deals with both functional-form misspecification bias as well as bias from endogenous regressors. It also provides an...

This study investigates the impact of natural resources on wealth inequality as a first attempt on a panel of 45 developed and developing countries over the period 2000-2014. Using the Generalized Method of Moments, the results provide stong evidence that natural resources increase wealth...

This Open Access book outlines ideas for a novel, scalable and, above all, sustainable financial system.We all know that today’s global markets are unsustainable and global governance is not effective enough. Given this situation, could one boost smart human coordination, sustainability and...

Addressing climate change through mitigation and adaptation measures requires changes in policies, technologies and consumption behaviours towards a low-emissions model of growth. These structural changes require appropriate financial solutions, in order to scale up financial flows that support...