Social Sciences
4 years ago

ICT boosts remittances, fuels economic growth in Indonesia's financial sector.

Deleted Journal
ROLE OF ICT AS A CONTINGENCY FACTOR IN FINANCIAL SECTOR DEVELOPMENT, REMITTANCES, AND ECONOMIC GROWTH NEXUS: AN EMPIRICAL STUDY OF INDONESIA
Keshmeer Makun, T. K. Jayaraman

Paper Summary

ICT plays a crucial role in Indonesia's financial sector development, remittances, and economic growth. By analyzing data from 1984-2017, researchers found that ICT significantly contributes to economic growth by complementing financial sector development. This suggests that supporting ICT and promoting financial inclusion can accelerate economic growth and development in Indonesia.

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