Proceedings of the 4th International Conference on Social Sciences and Law (ICSSL 2024)

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The Analysis of Financial Inclution on Poverty and Economic Growth: the Western and Eastern Indonesia Studies

Authors
M. Aulia Rachman1, *, Tutik Tutik1, Agus Hermanto1
1Development Economics, Faculty of Economics and Business, Universitas Negeri Semarang, Semarang, Indonesia
*Corresponding author. Email: marachman@mail.unnes.ac.id
Corresponding Author
M. Aulia Rachman
Available Online 11 December 2024.
DOI
10.2991/978-2-38476-303-0_73How to use a DOI?
Keywords
Financial Inclusion; Economic Growth; Poverty; Inequality; Western and Eastern Indonesia
Abstract

Financial inclusion is an important component of financial development because it provides financial services and access to the community, which can encourage economic growth and reduce poverty, where economic growth and poverty are included in the critical objectives of sustainable development goals (SDGs). This research will examine the influence of Financial Inclusion on poverty alleviation and Economic Growth in Indonesia using the Common Panel method; we added control variables, namely economic growth, Human Development Index (HDI), and digital access. The data used is 34 provinces in Indonesia, divided into 2 regions, namely the western and eastern regions of Indonesia, with an annual period between 2020 - 2023. In terms of financial inclusion, which encourages economic growth, the western and eastern regions are more influenced by access to financial products. In response to poverty alleviation, for the western region, it is more influenced by availability, while for the eastern region is access. The different characteristics of poverty levels in the two regions need to be more focused on the technical availability of financial access to encourage equal distribution of financial access.

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 4th International Conference on Social Sciences and Law (ICSSL 2024)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
11 December 2024
ISBN
978-2-38476-303-0
ISSN
2352-5398
DOI
10.2991/978-2-38476-303-0_73How 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  - M. Aulia Rachman
AU  - Tutik Tutik
AU  - Agus Hermanto
PY  - 2024
DA  - 2024/12/11
TI  - The Analysis of Financial Inclution on Poverty and Economic Growth: the Western and Eastern Indonesia Studies
BT  - Proceedings of the 4th International Conference on Social Sciences and Law (ICSSL 2024)
PB  - Atlantis Press
SP  - 781
EP  - 790
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-303-0_73
DO  - 10.2991/978-2-38476-303-0_73
ID  - Rachman2024
ER  -