Abstract
Financial technology is now playing a significant part in supporting the advancement of the economy. Moreover, there exists an escalating awareness concerning the safeguarding of resources. The ongoing research illuminates the reliability of the resource curse assumption concerning selected Asian nations. Moreover, it analyses the consequences of two major economic indicators on COE, notably green finance and fintech. The analysis took place over a time frame of 20 years (2000–2020) to attain its goal. The analysis incorporates an extensive approach, Cup-FM and Cup-BC for the empirical perusal. The analysis outcomes illustrate the prevalence of the resource curse hypothesis in selected Asian nations. Fintech has been proven to be an essential tool for minimizing COE. Additionally, green finance acts as an essential tool for minimizing COE. In addition to this, GDP has proven to be a pertinent driver of COE. The analysis provides a variety of particular strategies intended for strengthening the circumstances of observed nations. It is essential to concentrate on the ecologically sound utilization of natural resources at present. Additionally, financial technologies must receive more of the spotlight in the general policymaking field. It is mandatory now for developing nations, to invest in green finances to boost ecological quality.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
