Finance and Sustainable Development: Designing Sustainable Financial Systems

This book provides a methodological approach to designing and assessing sustainable financial systems, prioritizing ESG factors in the decision-making process and identifying their impact on sustainable financial systems. It takes a simulation and experimental approach and is the first book to take such a comprehensive look at sustainable financial systems. It will appeal to academics, students, and researchers in economics, finance, banking, business, management, and political and social sciences.

Format: Hardback
Length: 272 pages
Publication date: 29 December 2020
Publisher: Taylor & Francis Ltd

Numerous studies have substantiated the interconnectedness between financial systems and economic development. However, a limited number of investigations have delved into the extent to which financial systems exert influence over the quality of information, promote robust corporate governance practices, ensure effective risk management mechanisms, mobilize savings, and facilitate trade. In the realm of sustainability, it is crucial to explore how a specific financial system impacts the assurance and actualization of sustainable development principles and goals.

This book offers a methodological framework for designing and evaluating sustainable financial systems. It makes a pioneering contribution by elevating ESG factors in the decision-making processes of financial institutions and elucidating their implications for sustainable financial systems. The author posits that attaining financial stability necessitates the establishment of mechanisms to preempt financial issues from escalating into systemic crises that pose a threat to the stability of the financial and economic system, while simultaneously preserving (or not undermining) the economy's capacity to foster growth and fulfill its other vital functions.

The book predominantly adopts a simulation and experimental approach. It stands as the inaugural work to comprehensively examine sustainable financial systems, rather than focusing solely on sustainable finance in general. This book will captivate scholars, students, and researchers across the domains of economics, finance, banking, business, management, and political and social sciences.

Weight: 586g
Dimension: 257 x 542 x 23 (mm)
ISBN-13: 9780367819767