Financial literacy and sustainable development in the digital age (legal dimension)

2021 ◽  
Author(s):  
Natal'ya Povetkina ◽  
Ekaterina Kudryashova

The work is aimed at forming a systematic theoretical and practical approach to the development of financial literacy in the format of sustainable development in the age of the digital revolution. The authors address the current issues of the evolution of the development and legal identification of financial literacy, consider it in the context of human rights and sustainable development of the state. Special attention is paid to the analysis of the impact of financial literacy on the successful fight against poverty. For researchers, practicing lawyers and economists, state and municipal employees, teachers, postgraduates, students of law and economics universities and faculties.

Author(s):  
Urszula Jaremba ◽  
Machiko Kanetake ◽  
Ingrid Koning

This Europe and the World: A law review special issue comprises selected papers presented at a RENFORCE workshop on the theme of tensions between the EU’s trade and non-economic values, held at Utrecht University in November 2017. The symposium addresses normative dilemmas underlying the EU’s trade law and policy. Normative dilemmas subsist between, on the one hand, the EU’s basic pursuit of its commercial interests and trade liberalization, and, on the other hand, the EU’s mandate to promote and safeguard a number of non-economic values, including human rights and sustainable development. The journal symposium aims to unveil normative tensions existing in the EU’s trade and investment policy, and understand some of the key actors and processes through which normative tensions are created and also mitigated. While the tensions between economic and non-economic values in the EU’s trade law and policy have been extensively discussed in literature, the present symposium highlights some of the recent developments in the EU’s trade relations, analyses not only human rights but also sustainable development, and examines the impact of new technologies.


Author(s):  
Cephas Lumina ◽  
Mulesa Lumina

In recent years, there has been increasing attention to the problem of illicit financial outflows—broadly defined as funds that are illegally earned, transferred and utilized outside the country of origin in contravention of that country’s relevant legal framework. Illicit financial outflows divert resources away from activities that are essential for poverty reduction, sustainable development and the realisation of all human rights. They also contribute to the accumulation of external debt as governments that lack domestic resources as a result of these flows may resort to costly external borrowing. This chapter examines the nature of illicit financial flows, the factors that facilitate them and the measures taken by states, individually and collectively, to tackle them. It also discusses the impact of these flows on the realisation of human rights in the countries of origin and proposes concrete measures by which to curb illicit financial flows.


2021 ◽  
Vol 12 (1) ◽  
pp. 124-139
Author(s):  
Liudmyla Deineko ◽  
Mykola Sychevskiy ◽  
Olena Tsyplitska ◽  
Nadiia Grebeniuk ◽  
Oleksandr Deineko

The close relationship between industrial development and environmental pollution is considered the main problem of negative climate changes and the deterioration of life quality leading to an increase in mortality. In this regard, the protection of environmental human rights is of great importance. The paper aims to assess the trends of industrial influence on the human environment and the level of protection of environmental human rights in different countries through reviewing and analysis of the set of relevant studies. The paper brings novelty exploring an array of objectives for protecting human environmental rights in the framework of the Sustainable Development Goals, implementation of a circular and resource-efficient economy, together with the Industry 4.0 technologies for industrialized countries, including Ukraine. Most studies consider contradictions between the economic and environmental goals of both businesses and the state the main obstacle for the ecologization of industrial production. The economic feasibility of introducing more resource-efficient business models has been proved. The impact of Ukrainian industrial companies on the environment and the state of human environmental rights protection is studied. The results of the study allow stating that the resource and energy inefficiency of industrial technology in the country, as well as the weakness of state institutions in the implementation of reforms for sustainable development, is a fundamental threat to human rights and a healthy life.


2021 ◽  
Vol 74 (1) ◽  
pp. 132-136
Author(s):  
Yulia S. Razmetaeva ◽  
Olga O. Sydorenko

The aim: The article analyzes the impact of abortion on human rights and women’s health in the light of medical and technological advances of the digital age. Materials and methods: The methods of research were dialectic approach and general analysis of normative and scientific sources, analysis of the results of studies of women’s mental health after abortions, analysis of judicial practice, especially decisions of the European Court of Human Rights, the results of author’s own empirical studies, the formal legal method, the comparative legal method and the historical method. It has been established that there is no strong evidence that abortion negatively affects a woman’s mental health, including no evidence that the emotional consequences aredeeply personal, or are rather the result of societal pressure. Arguments were refuted about extending the protection of human rights regarding abortion to unborn children and their fathers. Conclusions: The article emphasizes that the ethical burden on medical workers, especially in jurisdictions that require the approval of a doctor to legally terminate a pregnancy,increases significantly due to information flows and community expectations dictated by new medical advances.


Author(s):  
Flavia Bustreo ◽  
Veronica Magar ◽  
Rajat Khosla ◽  
Marcus Stahlhofer ◽  
Rebekah Thomas

This chapter examines how the Sustainable Development Agenda—with its focus on equity, gender equality, and human rights—has provided an unprecedented opportunity to advance human rights within the World Health Organization (WHO). It looks at how human rights are increasingly permeating the Organization’s work, both implicitly and explicitly, and how this paves the way for a bolder vision for human rights in health. Through this examination, the authors lay out a strategy for three necessary shifts that would set WHO on an unprecedented path toward greater rights-based health governance: the adoption of a Resolution by WHO’s governing body on health, both as a human right and as a means to achieve human rights (“to health and through health”); greater collaboration between WHO and the UN human rights system to promote rights-based approaches to health; and building evidence of the impact of such approaches on health.


Author(s):  
Marta Frago

The movies The Social Network (David Fincher, 2010) and Steve Jobs (Danny Boyle, 2015) are biographies of two outstanding figures in the digital revolution: the young multimillionaire Mark Zuckerberg, Facebook co-founder and CEO, and the famous co-founder and executive chairman of Apple, Steve Jobs. Written by the renowned screenwriter Aaron Sorkin, what these two movies have in common is that they present different orders or layers of meaning, allowing us to see beyond the life of the protagonists in the interpretation. Sorkin, in both stories, delves deeply into the psychological characteristics of the geniuses. In addition, in both cases, he creates a dramatic character, which can be identified with archetypes and familiar figures from western narrative, the tragic hero and the narcissist. But additionally, he shows these characters as icons of our times and through them presents a reflection on nowadays and the impact the digital revolution has had in the last few decades.


2015 ◽  
Vol 4 (2) ◽  
pp. 289-317 ◽  
Author(s):  
Evadné Grant ◽  
Onita Das

AbstractIncreasing investment in agricultural land by global corporations and investors from wealthy developed nations in poorer, less developed countries has significant human rights and environmental impacts. Proponents of such land deals argue that they provide opportunities for improvements in agricultural practices and generate employment, which will benefit economic growth in host countries. However, there is growing evidence that the phenomenon known as ‘land grabbing’ displaces poor and vulnerable populations and damages the environment, which in turn exacerbates poverty and food insecurity. This article explores the impact of land grabbing in Ethiopia and examines the human rights and sustainable development frameworks within which land grabbing takes place. The article argues that a human rights approach is fundamental to reconcile the sustainable development imperatives of economic development and environmental protection in the context of land grabbing. It advocates an integrated human rights and sustainable development approach as a holistic framework for assessing the impact of land grabbing and for the development of policy and regulatory responses.


Author(s):  
Alex Cobham

This chapter focuses on the role of states in actively procuring profit shifting across borders. The effects of global profit shifting and the associated revenue losses suffered by countries at every income level can be attributed to those jurisdictions that procure the majority of global profit shifting. Measures against these state procurers of profit shifting can take a number of forms. First, human rights instruments can be used to highlight the extraterritorial damage being done, and to drive political salience and responses by shaming. Second, indicators of profit shifting can and should be established in international mechanisms such as the reporting of the Sustainable Development Goals to ensure continuing accountability for the state procurers. Finally, individual jurisdictions and regional blocs should consider unilateral defensive measures to eliminate the impact of profit shifting.


2021 ◽  
Vol 14 (1) ◽  
pp. 117
Author(s):  
Tania López-Medina ◽  
Isabel Mendoza-Ávila ◽  
Nicolás Contreras-Barraza ◽  
Guido Salazar-Sepúlveda ◽  
Alejandro Vega-Muñoz

This article presents a global empirical overview of studies on financial behavior in relation to education, money-saving, and consumption, contributing to research on the Sustainable Development Goals (SDGs) related to social equity in the quality education (4th Sustainable Development Goal) and inequality reduction (10th Sustainable Development Goal) areas. Thus, the data and metadata of 492 articles registered between 1992 and August 2021 were extracted from the Web of Science (Journal Citation Report, JCR) and analyzed with a bibliometric approach, using classical methodological laws and the specialized software VOSviewer. Among the results, we highlight the exponential scientific production growth in the last decades, the concentration in only twelve specific journals indexed in the Journal Citation Report, the global hegemony of US universities in institutional co-authorship networks, and the thematic and temporal segregation of the concepts of financial behavior. We conclude an evolution of two decades in the relevant topics and a concentration in three large blocks: (1) financial education; (2) savings and consumption decisions; (3) financial literacy and investments, which are a temporal evolution that gives for the irruption of diverse visions in the relationship between the evolution of individual financial behavior and the global market. Given it is necessary to know the impact of financial education and financial literacy on personal savings, consumption, and investment behaviors, a larger study on financial behavior could be conducted with this research and an assessment of these results.


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