Microfinanzas E Inclusión Financiera en El Sahel Senegalés. Análisis Desde Los Valores De La Ess

Papa, Ettore; Alonso, Ander Arcos; Alonso, Asier Arcos; Olea, María José Alonso

doi:10.33776/riesise.v1i0.3584

Cited by 1 publication

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Bearing in mind other factors that affect economic growth and sustainable development, the finance sector forms the foundation for the development in production sectors [10], and financial inclusiveness has emerged as an important driving force for economic growth [11], since it enables excluded sectors of society to access the formal financial system.…”

Section: Introductionmentioning

confidence: 99%

The Role of the World Bank in the Inclusive Financing of Tourism as an Instrument of Sustainable Development

Carrillo‐Hidalgo

Fernández

2019

Sustainability

View full text Add to dashboard Cite

It is widely accepted that tourism, given the right conditions, can be an important instrument of economic growth and a means of improving the quality of life for the societies in which it is implemented, particularly in developing territories. International financial institutions are aware of the role that tourism can play in this regard and, accordingly, have included it within their strategies to further sustainable development and financial inclusion. The World Bank is one of the institutions working to foster tourism, although, interestingly, it only began working in this area very recently (2016). This paper analyses the role of the World Bank in the inclusive financing of tourism as an instrument of sustainable development and compares it with the finance allocated to another four sectors in the branch of trade and industry. To this end, using a system of indicators previously tested in the literature, it analyses a total of ninety-two projects directly related with tourism, trade, manufacture, services, and housing construction activity. The results obtained, when compared to the finance allocated to other sectors of trade and industry (to which tourism also belongs), indicate that the World Bank’s financing of tourism could sharpen its focus on financial inclusion, which would ensure greater efficiency and efficacy in the attainment of its poverty reduction and development goals.

show abstract

Section: Introductionmentioning

confidence: 99%