ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA

Lubis ; Anggi Permata Rizky ; Rangkuty ; Dewi Mahrani ; Pane ; Sanusi Gazali
TRANSACTION: Journal of Taxation, Accounting, Mana... 📅 2024 Vol 2, No 2 🔗 DOI: 10.62287/transaction.v2i2.80
Abstract
The higher a person's financial literacy, the greater the level of utilisation of financial products and services. Expenditure management can take advantage of financial literacy so that it can maintain finances in meeting its needs, and good financial conditions will reflect economic growth that continues to increase. The purpose of this study is to determine the effect of financial literacy on economic growth with indicators such as balance of payments, investment, total loans, savings, money supply and interest rates. With the vector autoregression (VAR) analysis method which results in that the balance of payment variable has a mutual effect on investment. Then investment and economic growth are also influenced by savings and money supply and affect interest rates and the amount of loans. So as to limit the risk of financial literacy failure in the financial system, it is necessary to increase financial risk with product innovation in the financial sector.
Keywords
Financial Literacy; GDP; MS; INV; Savings; Total Loans
How to Cite

Lubis, et al. (2024). ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA. TRANSACTION: Journal of Taxation, Accounting, Management and Economics, 2(2). https://doi.org/10.62287/transaction.v2i2.80

Lubis, Anggi Permata Rizky; Rangkuty, Dewi Mahrani; Pane, Sanusi Gazali, "ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA," TRANSACTION: Journal of Taxation, Accounting, Management and Economics, vol. 2, no. 2, 2024.

Lubis, Anggi Permata Rizky; Rangkuty, Dewi Mahrani; Pane, Sanusi Gazali. "ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA." TRANSACTION: Journal of Taxation, Accounting, Management and Economics, vol. 2, no. 2, 2024.

Lubis, Anggi Permata Rizky; Rangkuty, Dewi Mahrani; Pane, Sanusi Gazali. "ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA." TRANSACTION: Journal of Taxation, Accounting, Management and Economics 2, no. 2 (2024).

Lubis, et al. (2024) 'ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA', TRANSACTION: Journal of Taxation, Accounting, Management and Economics, 2(2). doi: 10.62287/transaction.v2i2.80.

Lubis, Anggi Permata Rizky; Rangkuty, Dewi Mahrani; Pane, Sanusi Gazali. ANALYSIS OF THE FINANCIAL LITERACY ON ECONOMIC GROWTH IN INDONESIA. TRANSACTION: Journal of Taxation, Accounting, Management and Economics. 2024;2(2).

Artikel Terkait

ANALYSIS OF THE EFFECT OF THE DOLLAR EXCHANGE RATE, INFLATION AND PRODUCTION ON TUNA PRODUCTION IN NORTH SUMATRA

Zuhri, Raihan; Rangkuty, Dewi Mahrani; Nasution, Lia Nazliana

ANALYSIS OF MARINE ECOTOURISMDEVELOPMENT IN MANGROVE FORESTS TO IMPROVE THE WELFARE OF THE LUBUK KERTANG VILLAGE COMMUNITY LANGKAT REGENCY

Wahyu Zuliah Sasmita; Rusiadi, Rusiadi; Annisa Ilmi Faried

ADAPTIVE STABILITY MODEL FOR CONTROLLING INFLATION AND UNEMPLOYMENT UNDER COVID-19 WITH LOW UNEMPLOYMENT IN 6 ADJUNCT COUNTRIES (USA, JAPAN, ICELAND, THAILAND, INDONESIA, BELARUS)

Rike Aulia; Rusiadi, Rusiadi; Bakhtiar Efendi

ANALYSIS OF ECONOMIC INDICATORS IN IMPROVING THE TRADE BALANCE IN INDONESIA FOR THE PERIOD 2013-2023

Nababan, Jeniwati; Wahyu Indah Sari; Nasution, Lia Nazliana

ANALYSIS OF RUPIAH STABILITY DURING THE COVID-19 PANDEMIC

Damanik, Henni Julianta; Annisa Ilmi Faried; Wahyu Indah Sari

The Effect Of Jub, E-Money And Bi 7Day Reserve Repo Rate On Inflation Rate

Katarin Putri Hartati; Rangkuty, Dewi Mahrani
Tren Sitasi Jurnal