{"title":"Financial Development Contribution to Economic Growth and Poverty Reduction","authors":"Junaidi Junaidi","doi":"10.1007/s13132-024-02032-6","DOIUrl":null,"url":null,"abstract":"<p>This study investigates the bank intermediation role (e.g., deposits, financing, and offices) contribution to enhancing Indonesian districts’ gross domestic product (GDP) and reducing poverty. The empirical results indicate that banks have applied the channeling role toward redistributing the capital from lender to borrower. Besides, a crucial role has been played in developing economics and poverty alleviation. This study contributes to economic literature practical and local government’s decision-making process through developing and testing a model of economic growth and poverty determinants. It offered new insights into the determinants of bank principles in a financial system.</p>","PeriodicalId":47435,"journal":{"name":"Journal of the Knowledge Economy","volume":"212 1","pages":""},"PeriodicalIF":4.0000,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Knowledge Economy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s13132-024-02032-6","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study investigates the bank intermediation role (e.g., deposits, financing, and offices) contribution to enhancing Indonesian districts’ gross domestic product (GDP) and reducing poverty. The empirical results indicate that banks have applied the channeling role toward redistributing the capital from lender to borrower. Besides, a crucial role has been played in developing economics and poverty alleviation. This study contributes to economic literature practical and local government’s decision-making process through developing and testing a model of economic growth and poverty determinants. It offered new insights into the determinants of bank principles in a financial system.
期刊介绍:
In the context of rapid globalization and technological capacity, the world’s economies today are driven increasingly by knowledge—the expertise, skills, experience, education, understanding, awareness, perception, and other qualities required to communicate, interpret, and analyze information. New wealth is created by the application of knowledge to improve productivity—and to create new products, services, systems, and process (i.e., to innovate). The Journal of the Knowledge Economy focuses on the dynamics of the knowledge-based economy, with an emphasis on the role of knowledge creation, diffusion, and application across three economic levels: (1) the systemic ''meta'' or ''macro''-level, (2) the organizational ''meso''-level, and (3) the individual ''micro''-level. The journal incorporates insights from the fields of economics, management, law, sociology, anthropology, psychology, and political science to shed new light on the evolving role of knowledge, with a particular emphasis on how innovation can be leveraged to provide solutions to complex problems and issues, including global crises in environmental sustainability, education, and economic development. Articles emphasize empirical studies, underscoring a comparative approach, and, to a lesser extent, case studies and theoretical articles. The journal balances practice/application and theory/concepts.