
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
Authors:
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
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