Economic Growth and Financial Inclusion in Developing Countries

Authors

  • Diah Wahyuningsih Department of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura http://orcid.org/0000-0001-7045-3687
  • Robiatul Asria Department of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura
  • Moh. Hairus Zaman Department of Economics, Faculty of Economic and Business, Universitas Trunojoyo Madura

DOI:

https://doi.org/10.18502/kss.v10i5.18102

Keywords:

economic growth, financial inclusion, panel corrected standard error

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.

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Published

2025-02-19

How to Cite

Wahyuningsih, D., Asria, R., & Zaman, M. H. (2025). Economic Growth and Financial Inclusion in Developing Countries. KnE Social Sciences, 10(5), 102–107. https://doi.org/10.18502/kss.v10i5.18102