Financial system challenges and opportunities; sustainability and financial stability
Economies have a growth threshold, there is a consumption expand limit. This is due to the earth's biophysical limits. It is key measuring countries well-being not exclusively relying on financial indicators, but rather included in the budget mental health, women and child poverty, indigenous p...
| Autores principales: | , , , |
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| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
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CIMBAGE - IADCOM - Facultad de Ciencias Económicas - Universidad de Buenos Aires
2021
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| Materias: | |
| Acceso en línea: | https://ojs.economicas.uba.ar/CIMBAGE/article/view/2171 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=cimbage&d=2171_oai |
| Aporte de: |
| Sumario: | Economies have a growth threshold, there is a consumption expand limit. This is due to the earth's biophysical limits. It is key measuring countries well-being not exclusively relying on financial indicators, but rather included in the budget mental health, women and child poverty, indigenous people, digitalization, low-emission goals, and key data to achieve a sustainable economy that thrives. Despite ten years of economic growth, the world is facing environmental and social crises. Climate crisis, involuntary migrations, and political instability are incentivizing social movements such as "Fridays for Climate". Governments are becoming more aware of what the risks are of not taking action now and the urgency to find solutions to achieve Sustainable Development Goals (SDGs) United Nations Agenda for 2030. Alike, the private sector and investors are key in this transition, towards a more inclusive and fairer economy. Specially Climate change is not a potential risk factor but rather a threat that impacts economies now. This paper aims to bring more clarity about the current financial system challenges that need to be addressed to do the transition towards a sustainable economy. |
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