Smart Solutions for Sustainable Economics and Finance

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Markets".

Deadline for manuscript submissions: closed (31 May 2024) | Viewed by 534

Special Issue Editors


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Guest Editor
Faculty of Business Administration in Foreign Languages, Bucharest University of Economic Studies, 010731 Bucharest, Romania
Interests: quantitative finance; econometrics; financial markets
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
Faculty of Business Administration in Foreign Languages, Bucharest University of Economic Studies, Bucharest, Romania
Interests: macroeconomics; financial markets
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The Journal of Risk and Financial Management is pleased to announce a call for papers for a Special Issue on "Smart Solutions for Sustainable Economics and Finance". This Special Issue is dedicated to the 18th International Conference on Business Excellence (https://bizexcellence.ro/icbe-conference/). In an era marked by increasing global challenges, such as climate change, resource depletion, and socioeconomic inequalities, the need for intelligent and sustainable solutions in the realm of economics and finance has never been more critical. This Special Issue aims to bring together cutting-edge research that explores innovative approaches, technologies, and strategies to promote sustainability within economic and financial systems.

We invite scholars, researchers, and practitioners to contribute original and high-quality papers that address various aspects of smart solutions in the context of sustainable economics and finance. Topics of interest include, but are not limited to, green finance, sustainable investment practices, fintech applications for sustainability, risk management in sustainable finance, and the role of digitalization in fostering environmentally and socially responsible economic activities. We welcome interdisciplinary perspectives that integrate insights from finance, economics, environmental science, technology, and policy studies to provide comprehensive and forward-looking contributions.

This Special Issue aims to serve as a platform for fostering a deeper understanding of the interplay between smart solutions, sustainable practices, and financial decision-making. By advancing knowledge in this field, we aspire to contribute to the development of policies and practices that support the transition towards a more sustainable and resilient global economy.

Dr. Mihail Busu
Dr. Petre Caraiani
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • sustainable economics
  • smart finance
  • green finance
  • fintech
  • sustainable investment
  • environmental, social, and governance (ESG)
  • risk management
  • economic resilience
  • socially responsible investing
  • circular economy
  • financial innovation
  • sustainable development goals (SDGs)
  • ethical banking

Published Papers (1 paper)

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Research

12 pages, 2040 KiB  
Article
The Relationship between Environmental, Social and Governance Factors, Economic Growth, and Banking Activity
by Ioan-Iulian Norocel and Eugen-Marian Vierescu
J. Risk Financial Manag. 2024, 17(7), 285; https://doi.org/10.3390/jrfm17070285 - 7 Jul 2024
Viewed by 235
Abstract
The sustainability-linked discussion has gained international importance, with the banking sector being an essential pillar of the new economy, particularly through channeling financial resources to environmentally friendly economic activities. It is, however, still unclear if ESG is profitable, both for the economy and [...] Read more.
The sustainability-linked discussion has gained international importance, with the banking sector being an essential pillar of the new economy, particularly through channeling financial resources to environmentally friendly economic activities. It is, however, still unclear if ESG is profitable, both for the economy and banks. This paper aims at filling this gap by presenting, from a macroeconomic perspective, the impact of ESG efforts and the banking sector’s contribution to a sustainable economy. Using panel regression models with fixed effects, the study investigates the impact of ESG factors and banking activity on economic growth. The results show a negative relationship between country-level ESG scores and economic growth, both in the short and long run, while increased financial intermediation by the banking sector, used as a proxy of potential green lending activity, does not necessarily enhance economic growth. Through delving into the interplay between the ESG score, economic development, and banking activity, this research could serve as a discussion point for economists, bankers, and policymakers when designing the economic and financial strategies for transitioning to a green economy. Full article
(This article belongs to the Special Issue Smart Solutions for Sustainable Economics and Finance)
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