KnE Social Sciences

ISSN: 2518-668X

The latest conference proceedings on humanities, arts and social sciences.

Economic Growth and Financial Inclusion in Developing Countries

Published date:Feb 19 2025

Journal Title: KnE Social Sciences

Issue title: The International Conference on Economic and Sustainable Development (ICESIDE)

Pages:102 - 107

DOI: 10.18502/kss.v10i5.18102

Authors:

Diah Wahyuningsihdiah.wahyuningsih@trunojoyo.ac.idDepartment of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura

Robiatul AsriaDepartment of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura

Moh. Hairus ZamanDepartment of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura

Abstract:

The banking sector has an important role in the country’s economy because banking can influence the economic conditions of a country. This research aims to analyze the influence of banking stability on economic growth in developing countries. This research uses secondary data from cross-section data from 35 developing countries with a research period from 2011-2022. The data analysis technique used is based on panel corrected standard error (PCSE). Results of stability research on the influence of economic growth in developing countries. Banking stability can increase economic growth because stable banks are able to support economic activities through providing credit, managing risk, and increasing public trust.

Keywords: economic growth, financial inclusion, panel corrected standard error

References:

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