Unlocking Sustainable Development in Developing Countries : A Framework of Green Field Investment, Fintech, and Financial Inclusion

Abstract

This research explores the complex relationships among fintech, financial inclusion, and greenfield investment as drivers of sustainable development in developing countries. The study aims to fill a noticeable research gap by thoroughly examining these factors and their impact on sustainable development. The thesis starts with an introduction that highlights the significance of the research and identifies the existing gap in knowledge. Following that, research questions, objectives, and the problem statement are articulated to guide the study. it provides a comprehensive review of the current literature, laying the groundwork for the hypotheses and research framework discussed in the subsequent sections. The hypotheses presented in Chapter 2 aim to assess the connections between fintech, financial inclusion, greenfield investment, and sustainable development in developing countries. Furthermore, it clarifies the research methodology, providing a detailed explanation of the selected approach, population, and sampling methods. The research strategy, encompassing data collection procedures and the measurement of variables such as fintech, financial inclusion, greenfield investment, and sustainable development, is outlined. Additionally, the chapter introduces controlled variables, including population, etc. Then in result section, unveils the results and interpretations of the study, providing detailed insights derived from statistical analyses. Tables and figures illustrate correlations between variables, regression results, and outcomes of panel regression. The interpretation of essential coefficients, constants, and overall statistics contributes to a comprehensive understanding of the relationships explored in the research. In the conclusion section encapsulates the findings, highlighting the roles of fintech, financial inclusion, and green field investment in sustainable development in developing countries. An assessment of the overall model fit is conducted to measure the robustness of the study's framework. This thesis adds to the current body of knowledge by providing a nuanced comprehension of the factors influencing sustainable development in developing countries. The results offer valuable insights for policymakers, researchers, and practitioners working to formulate effective strategies for achieving sustainable development.