Exploring FinTech’s Possibilities to Achieving Sustainable Development Goals Through the World’s Largest FinTech: Alipay’s Inclusive Partnerships in Asia and Beyond
摘要
Mallard and Sun (2022, 2024) demonstrate that hegemony can use financializationFinancialization for financial sanctionsFinancial sanctions, making it an effective tool for global governanceGlobal governance, from international peace and security to financial capitalism and international tradeInternational trade and economy (Halliday & Carruthers, 2007, 2009; Halliday & Shaffer, 2015). Chen and Sun (2023) further show that major powers can also utilize financializationFinancialization for global carbon governanceCarbon governance, for example, in leveraging the financializationFinancialization of carbon emissions to promote low-carbon transitions, as evidenced by the carbon markets in the EU and ChinaChina.