sustainability-logo

Journal Browser

Journal Browser

Sustainability in Interaction of Traditional and Mechanical Financial Systems

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: closed (30 September 2021) | Viewed by 15334

Special Issue Editor

Special Issue Information

Dear Colleagues,

Sustainability in the nexus between human and mechanical interconnectedness has been of primordial importance for progress in advanced and emerging countries. The era of rapid digitalization of transactions and services has fetched the linkage between human and technological resources to the forefront of academic debate. Digitalization in companies threatens the traditional form of commerce and weakens employment. Moreover, reduction in speed and the pseudonymous character of interactions has raised important regulatory issues. Threatening of sustainability of financial health in microeconomic and macroeconomic level ocurs by the need of cost-reducing measures. Policymakers, agents, legislators and the press have focused interest in the steps towards evolution of human actions and its substitutability or complementarity with technological progress. This special issue welcomes original academic contributions that conduct in-depth analysis on the sustainability of the nexus between the human and mechanical or digital character of financial activity. The authors should pay emphasis to sustainability in human-mechanical cooperation in payment systems. Light should be casted on whether the intertemporal connectedness between humans and technology has managed to preserve high levels of efficiency and prosperity. The sustainability of potential benefits generated by this nexus is of special interest in this breakpoint era of financial modernization.

Dr. Nikolaos A. Kyriazis
Guest Editor

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. Sustainability is an international peer-reviewed open access semimonthly 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 2400 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 payment systems
  • depositor-lender sustainable nexus
  • digitalization-led sustainable perils
  • growth-enforcing sustainable technology advancements
  • sustainable human-mechanics interactions

Published Papers (4 papers)

Order results
Result details
Select all
Export citation of selected articles as:

Research

Jump to: Review

19 pages, 2288 KiB  
Article
Research Advances on Financial Inclusion: A Bibliometric Analysis
by Francisco Jesús Gálvez-Sánchez, Juan Lara-Rubio, Antonio José Verdú-Jóver and Víctor Meseguer-Sánchez
Sustainability 2021, 13(6), 3156; https://0-doi-org.brum.beds.ac.uk/10.3390/su13063156 - 13 Mar 2021
Cited by 36 | Viewed by 6228
Abstract
With intensifying competition in the financial system, new strategic applications are constantly being devised in the search for greater efficiency. In consequence, decisions are commonly based on locating and retaining market segments with high added value, and those which fail to supply the [...] Read more.
With intensifying competition in the financial system, new strategic applications are constantly being devised in the search for greater efficiency. In consequence, decisions are commonly based on locating and retaining market segments with high added value, and those which fail to supply the profitability required by the market are “excluded”. The aim of this study is to analyse the research advances made in the field of financial inclusion and the main lines of investigation currently being addressed by means of a bibliometric analysis. Among the scientific community, there is growing interest in this study area. The most assiduous in this respect are SA Asongu (the most productive author), Enterprise Development and Microfinance (the journal that has published the most articles in this field), Makerere University, Uganda (the most productive institution) and India (the country where most recent studies have taken place). Foreseeably inspiring future research, there is currently great interest in developing a more accessible financial system, especially through the use of digital money (Fintech) as an instrument to promote financial inclusion. For all this, a line of research is proposed that also includes the proposals from the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals. Full article
Show Figures

Figure 1

13 pages, 259 KiB  
Article
Achieving Sustainable Financial Transactions under Regimes without a Central Bank—An Intertemporal Comparison
by Emmanouil M. L. Economou and Nikolaos A. Kyriazis
Sustainability 2021, 13(3), 1071; https://0-doi-org.brum.beds.ac.uk/10.3390/su13031071 - 21 Jan 2021
Cited by 1 | Viewed by 1443
Abstract
In this paper, by performing an intertemporal comparison, we investigate two monetary policy regimes where a central bank is absent, and we further refer on the mechanisms they developed so as to ensure the reliability of transactions between the parties involved. In particular, [...] Read more.
In this paper, by performing an intertemporal comparison, we investigate two monetary policy regimes where a central bank is absent, and we further refer on the mechanisms they developed so as to ensure the reliability of transactions between the parties involved. In particular, we mainly focus on the economic–monetary institutions of Athens during the Classical period (508–322 BCE) and we argue that (in principle) there are inter-temporal similarities between the Athenian and the current digital currencies regimes regarding the auditing principles with which the reliability of financial transactions is ensured. We found that in both cases, what is crucial for the success of the system is to achieve trust on the currency. By focusing on Classical Athens, we analyze the nature of the mechanisms and the auditing techniques used to ensure reliable commercial transactions. We also briefly analyze the modern cryptocurrency techniques. We found that the success of both financial regimes was based on achieving: low transactional costs, speed in commercial transactions, and what we characterize as security regarding the commercial transactions. Full article
22 pages, 578 KiB  
Article
The Customer Orientation Service of Spanish Brokers in the Insurance Industry: The Advisory Service of the Insurance Distribution Channel Bancassurance
by Miguel Angel Latorre Guillem
Sustainability 2020, 12(7), 2970; https://0-doi-org.brum.beds.ac.uk/10.3390/su12072970 - 08 Apr 2020
Cited by 5 | Viewed by 4719
Abstract
This research focuses on the customer orientation of insurance brokers, whose activity is regulated by the Law on the mediation of private insurances and reinsurances. The goal is to ascertain whether the intermediation inherent in the insurance broker’s activity, which implies a customer-oriented [...] Read more.
This research focuses on the customer orientation of insurance brokers, whose activity is regulated by the Law on the mediation of private insurances and reinsurances. The goal is to ascertain whether the intermediation inherent in the insurance broker’s activity, which implies a customer-oriented service, entails a positive behaviour that transcends the immediate environment, reaching society. This study presents a comparative analysis between the insurance brokerage society, characterised by a personalised customer service, and banks’ advisory services on insurance. To this end, the study uses a sample of insurance brokerage firms in Spain. The results presented in this study suggest that the customer values the advisory service provided by the broker. However, for a particular business segment in standardized insurance products and products related to banking assets, customers are more likely to resort to the bank’s services. In addition, the results indicate that the commission percentages applied by the entities operating in the banking insurance channel exceed those perceived by the insurance broker. With all this, intermediation in the development of the insurer’s activity can entail social behaviour that involves customer-orientation and, possibly, social service and environmental performance. Full article
Show Figures

Figure 1

Review

Jump to: Research

25 pages, 2820 KiB  
Review
The Nexus of Sophisticated Digital Assets with Economic Policy Uncertainty: A Survey of Empirical Findings and an Empirical Investigation
by Nikolaos A. Kyriazis
Sustainability 2021, 13(10), 5383; https://0-doi-org.brum.beds.ac.uk/10.3390/su13105383 - 12 May 2021
Cited by 4 | Viewed by 2348
Abstract
This paper sets out to explore the nexus between economic policy uncertainty (EPU) and digital currencies. An integrated survey takes place based on eleven primary studies. Furthermore, an econometric analysis is conducted by the threshold ARCH, simple asymmetric ARCH and non-linear ARCH specifications [...] Read more.
This paper sets out to explore the nexus between economic policy uncertainty (EPU) and digital currencies. An integrated survey takes place based on eleven primary studies. Furthermore, an econometric analysis is conducted by the threshold ARCH, simple asymmetric ARCH and non-linear ARCH specifications covering the bull and the bear markets as well as the highly volatile period up to the present. Threshold ARCH is found to provide the best fit for estimations. Outcomes reveal that Bitcoin is strongly connected with EPU while Ethereum and Litecoin are not but are strongly linked with Bitcoin performance. Moreover, weak negative effects of the VIX on both cryptocurrencies are detected while oil exerts weak positive impacts on Ethereum. Overall, Ethereum and Litecoin could serve for diversifiers against Bitcoin or hedgers against traditional assets during highly stressed periods with the advantage of not being affected by economic policy uncertainty news. Full article
Show Figures

Figure 1

Back to TopTop