These changes are important in achieving inclusive growth, one of the key objectives of SDGs. The concept of inclusive growth is that the dividends of economic growth should be distributed fairly across all members of society, leaving no one behind.
The credit squeeze and loss of confidence started to take a toll on the real economy, and a negative feedback developed between the financial sector and the real economy, and has since become a major feature of economic and financial developments. Almost simultaneously, the crisis that originated in the advanced economies spilled over to the emerging market economies.