Reconceptualizing Social Finance: A Social and Solidarity Economy Perspective

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Key Points

To construct the concept of solidarity finance from the perspective of social finance and solidarity economy through a review of literature.
Review of various academic literature related to social finance and solidarity economy.
Definition of social finance characteristics including social, environmental purposes, and transparency in information disclosure.
Exploration of solidarity economy principles emphasizing democratic governance and meeting community needs.
Defined social finance incorporating key features like transparency in operations and social, environmental performance measurement.
Proposed the concept of solidarity finance to enhance legitimacy and support the advancement of solidarity economy.
Identified implications for policy and practical applications within social finance to address market and government failures.

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Defines social finance and solidarity finance, suggesting pathways for policy and practice in the field.

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Jinseon Seo (2026) studied this question.

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