Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)

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Impact of Inflation Toward Economic Growth and Income Distribution

Authors
Nashrurrahman1, *, Abdul Hamid Paddu1, Sanusi Fattah1, Anas Iswanto Anwar1
1Universitas Hasanuddin, Makasssar, Indonesia
*Corresponding author. Email: nash.djalil@gmail.com
Corresponding Author
Nashrurrahman
Available Online 22 May 2024.
DOI
10.2991/978-94-6463-400-6_8How to use a DOI?
Keywords
Consumption; Economic Growth; Income Distribution; Inflation; Production
Abstract

This paper delves into the intricate relationship between inflation, income distribution, and economic growth. It discusses how inflation can influence income distribution by affecting the purchasing power of individuals, especially those with fixed or low incomes, and how it can alter the wealth distribution in an economy. The paper also highlights how income distribution can affect economic growth by impacting consumption and production rates. The relationship between inflation and economic growth is complex and can be influenced by various factors. The paper proposes several strategies to mitigate the effects of inflation on income distribution, such as monetary policy, fiscal policy adjustments, financial inclusion initiatives, and evidence-based policymaking. It underscores the importance of income distribution in economic stability, social equity, poverty reduction, and human development. The paper also emphasizes the role of government policies in managing inflation’s effects on economic growth and income distribution. It concludes by suggesting potential areas for further research on this topic.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
22 May 2024
ISBN
10.2991/978-94-6463-400-6_8
ISSN
2352-5428
DOI
10.2991/978-94-6463-400-6_8How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Nashrurrahman
AU  - Abdul Hamid Paddu
AU  - Sanusi Fattah
AU  - Anas Iswanto Anwar
PY  - 2024
DA  - 2024/05/22
TI  - Impact of Inflation Toward Economic Growth and Income Distribution
BT  - Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023)
PB  - Atlantis Press
SP  - 109
EP  - 120
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-400-6_8
DO  - 10.2991/978-94-6463-400-6_8
ID  - 2024
ER  -