Efektivitas Digital Financial Inclusion Dalam Income Inequality Terhadap SDGs Di BRIIPA Countries

Ryan  Rivaldi; Rusiadi

doi:10.47709/jebma.v4i1.3747

Authors

Ryan Rivaldi Universitas Pembangunan Panca Budi, Indonesia
Rusiadi Universitas Pembangunan Panca Budi, Indonesia

DOI:

https://doi.org/10.47709/jebma.v4i1.3747

Keywords:

Digital Financial, Financial Inclusion, Income Inequality, SDG’s

Abstract

Meningkatkan aksesibilitas layanan keuangan merupakan aspek mendasar dalam mencapai berbagai Tujuan Pembangunan Berkelanjutan PBB. Penelitian ini difokuskan pada pembuatan produk peramalan dengan menggunakan metode simlutan atau metode 2SLS. Kombinasi variabel yang dilakukan dalam penelitian ini mencakup financial inclusion, digital financial, income inequality, bank credit risk, infrastructure development, dan SDGs yang mana seluruh variabel tersebut merupakan data skunder dengan jangka waktu Januari 2020-Desember 2022. Dengan objek penelitian yang menggunakan BRIIPA (Brazil, Inggris, Indonesia, Prancis, Amerika Serikat) Countries. Hasil penelitian membuktikan bahwa seluruh variabel signifikan terhadap SDGs maupun income inequality. Namun untuk financial inclusion dan digital financial memiliki kontribusi positif terhadap SDGs, sedangkan income inequality memiliki kontribusi yang negatif. Untuk bank credit risk dan infrastructure development berkontibusi secara positif terhadap income inequality, sedangkan SDGs berkontribusi negatrif terhadap income inequlity

References

Abdullahi, I., Bello, F., & Kamoru, S. (2017). Financial Inclusion and Small and Medium Enterprises Contribution To Sustainable Economic Growth in Nigeria. Journal of Sustainable Development in Africa, 19(2), 52–66.

Alonso, M. P., Gargallo, P., López-Escolano, C., Miguel, J., & Salvador, M. (2023). Financial exclusion, depopulation, and ageing: An analysis based on panel data. Journal of Rural Studies, 103(October). https://doi.org/10.1016/j.jrurstud.2023.103105

Asongu, S. A., Biekpe, N., & Cassimon, D. (2021). On the diffusion of mobile phone innovations for financial inclusion. Technology in Society, 65(February), 101542. https://doi.org/10.1016/j.techsoc.2021.101542

Bank, W. (2015). The World Bank Group A to Z 2015.

Bank, W. (2022). Overview?: FInancial Inclusion. 1–6.

Barruetabeña, E. (2020). Dampak Teknologi Baru terhadap Inklusi Keuangan. 24–26.

Bhasin, N. K., & Rajesh, A. (2018). A Study of Digital Payments. International Journal of Virtual Communities and Social Networking, 10(1), 46–64. https://doi.org/10.4018/ijvcsn.2018010104

Branko Milanovic, S. S. V. P. P. B. M. (2010). The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality.

Carbó, S., Gardener, E. P. M., & Molyneux, P. (2005). Financial Exclusion in the US. Financial Exclusion, 82–97. https://doi.org/10.1057/9780230508743_5

Chancel, L., Hough, A., & Voituriez, T. (2018). Reducing Inequalities within Countries: Assessing the Potential of the Sustainable Development Goals. Global Policy, 9(1), 5–16. https://doi.org/10.1111/1758-5899.12511

Claessens, S. (2006). Access to financial services: A review of the issues and public policy objectives. World Bank Research Observer, 21(2), 207–240. https://doi.org/10.1093/wbro/lkl004

Demirgüç-Kunt, A., & Klapper, L. (2013). Measuring financial inclusion: Explaining variation in use of financial services across and within countries. Brookings Papers on Economic Activity, 340(SPRING 2013), 279–321. https://doi.org/10.1353/eca.2013.0002

Demirgüç-Kunt, A., Klapper, L., & Singer, D. (2013). Financial inclusion and legal discrimination against women: Evidence from developing countries. In World Bank Policy Research Working Paper (Issue April). http://dx.doi.org/10.1596/1813-9450-6416

El-zoghbi, M., Holle, N., & Soursourian, M. (2019). Emerging evidence on financial inclusion: Moving from black and white to color. Cgap, July, 1–24.

European Commission. (2008). Financial services provision and prevention of financial exclusion. Brussels: European Commission

G Akileng, GM Lawino, E. N. (2018). Evaluation of determinants of financial inclusion in Uganda. Journal of Applied Finance and Banking, 8(4), 47–66.

Gabriel I. Barbash, M.D., M.P.H., and Sherry A. Glied, P. D. (2010). New Technology and Health Care Costs — The Case of Robot-Assisted Surgery.

Gawer, A., & Cusumano, M. A. (2014). Industry platforms and ecosystem innovation. Journal of Product Innovation Management, 31(3), 417–433. https://doi.org/10.1111/jpim.12105

Hassan, M. R. A. A. (2023). Examining the Financial Inclusion Index to Determine the Financial Inclusion Status in India. Indian Journal of Economics and Finance, 3(1), 8–14. https://doi.org/10.54105/ijef.b2559.053123

Hikmah, A., Wuryandani, W., Zubaidah, E., Herwin, H., & Jhon, W. (2021). Online Learning in Primary School during Covid-19 Pandemic: How Does It Look Like? Journal of Education Research and Evaluation, 5(3), 350–361. https://ejournal.undiksha.ac.id/index.php/JERE/article/view/34237

Hormis, F., & Foundation, M. (2005). V Leeladhar?: Taking banking services to the common man - financial inclusion. Review Literature And Arts Of The Americas, December, 1–6.

Iqbal, B. A., & Sami, S. (2017). Papel de los bancos en la inclusión financiera en la India. Contaduria y Administracion, 62(2), 644–656. https://doi.org/10.1016/j.cya.2017.01.007

Jain, M. (2018). Peran Bank dalam Inklusi Keuangan dan Pembangunan Perdesaan. Journal of Banking & Insurance Law, 2(2), 37–41.

Orang Dewasa yang Memiliki Rekening Bank Digital (2021), (2021).

Kanungo, R. P., & Gupta, S. (2021). Financial inclusion through digitalisation of services for well-being. Technological Forecasting and Social Change, 167(July 2020), 120721. https://doi.org/10.1016/j.techfore.2021.120721

Kara, A., Zhou, H., & Zhou, Y. (2021). Achieving the United Nations’ sustainable development goals through financial inclusion: A systematic literature review of access to finance across the globe. International Review of Financial Analysis, 77(June), 101833. https://doi.org/10.1016/j.irfa.2021.101833

Kim, J. Y. (2020). Inklusi Keuangan Digital. 1–6.

Klapper, L., El-Zoghbi, M., & Hess, J. (2016). Achieving the Sustainable Development Goals The Role of Financial Inclusion —Queen Máxima of the Netherlands/UNSGSA Achieving the Sustainable Development Goals: The Role of Financial Inclusion Message from the UNSGSA. Cgap, April. www.cgap.org

Kuada, J. (2019). Financial Inclusion and the Sustainable Development Goals. In Extending Financial Inclusion in Africa. Elsevier Inc. https://doi.org/10.1016/B978-0-12-814164-9.00012-8

Kumar Kuri, Pravat. Laha, A. (2011). Financial Inclusion and Human Development in India?: An Inter-State Analysis. Indian Journal of Human Development, 5(1), 1–6.

Leyshon, A., & Thrift, N. (1995). Geographies of Financial Exclusion: Financial Abandonment in Britain and the United States. Transactions of the Institute of British Geographers, 20(3), 312. https://doi.org/10.2307/622654

Liu, H., Yao, P., Latif, S., Aslam, S., & Iqbal, N. (2022). Impact of Green financing, FinTech, and financial inclusion on energy efficiency. Environmental Science and Pollution Research, 29(13), 18955–18966. https://doi.org/10.1007/s11356-021-16949-x

Liu, Q., Wang, S., Zhang, W., Li, J., & Kong, Y. (2019). Examining the effects of income inequality on CO2 emissions: Evidence from non-spatial and spatial perspectives. Applied Energy, 236(February 2018), 163–171. https://doi.org/10.1016/j.apenergy.2018.11.082

Ma’ruf, A., & Aryani, F. (2019). Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN. GATR Journal of Business and Economics Review, 4(4), 147–155. https://doi.org/10.35609/jber.2019.4.4(1)

Miguel, O., & Mendoza, V. (2005). ADBI Working Paper Series INFRASTRUCTURE DEVELOPMENT, INCOME INEQUALITY AND URBAN SUSTAINABILITY IN THE PEOPLE’S REPUBLIC OF CHINA Asian Development Bank Institute (Issue 713). https://www.adb.org/publications/infrastructure-

Mitchell, J., Sigurjonsson, T. O., Kavadis, N., & Wendt, S. (2024). Green bonds and sustainable business models in Nordic energy companies. Current Research in Environmental Sustainability, 7, 100240. https://doi.org/10.1016/j.crsust.2023.100240

Morin, J. (2016). The Globalization of Inequality. Cyrus Global Business Perspectives, 1(2), 2–7. https://doi.org/10.52212/j2016-v1i2br2

Moynihan, D. P., & Lavertu, S. (2012). Cognitive biases in governing: Technology preferences in election administration. Public Administration Review, 72(1), 68–77. https://doi.org/10.1111/j.1540-6210.2011.02478.x

Mutsonziwa, K., & Maposa, O. K. (2016). Mobile Money - A Catalyst for Financial Inclusion in Developing Economies: A Case Study of Zimbabwe using FinScope Survey Data. GIS Business, 12(4), 45–56. https://doi.org/10.26643/gis.v12i4.3431

Novalina, A., & Rusiadi, R. (2018). Monetary Policy Transmission?: Does Maintain the Price and Poverty Stability is Effective? Jejak, 11(1), 78–91. https://doi.org/10.15294/jejak.v11i1.12652

Nugraha, A. T., Prayitno, G., Situmorang, M. E., & Nasution, A. (2020). The role of infrastructure in economic growth and income inequality in Indonesia. Economics and Sociology, 13(1), 102–115. https://doi.org/10.14254/2071-789X.2020/13-1/7

Ozili, P. (2022). Digital finance research and developments around the World: a literature review. International Journal of Business Forecasting and Marketing Intelligence, 1(1), 1. https://doi.org/10.1504/ijbfmi.2022.10049390

Papadopoulos, G. (2019). Income inequality, consumption, credit and credit risk in a data-driven agent-based model. Journal of Economic Dynamics and Control, 104, 39–73. https://doi.org/10.1016/j.jedc.2019.05.002

Park, C.-Y., & Mercado, R. J. (2015). Financial Inclusion, Poverty, and Income Inequality in Developing Asia. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2558936

Putri, N. D. K., & Wulandari, D. K. A. (2022). Determinant Analysis of Income Inequality in Indonesia 2015-2020. Indonesian Journal of Human Resource Management, 1(1), 1–15.

Qin, X., Wu, H., & Li, R. (2022). Digital finance and household carbon emissions in China. China Economic Review, 76(September), 101872. https://doi.org/10.1016/j.chieco.2022.101872

Rangkuty, D. M. (2021). Apakah Penggunaan E-wallet Masa Pandemi Covid-19 Semakin Meningkat di Indonesia? Prosiding Konferensi Nasional Universitas Nahdlatul Ulama Indonesia, 01(01), 2021.

Rangkuty, D. M., Lubis, H. P., Herdianto, H., & Zora, M. M. (2022). Pelatihan Digital Marketing WhatsApp Group bagi Kelompok Usaha Rumah Tangga Desa Klambir Lima Kebun Kabupaten Deli Serdang Provinsi Sumatera Utara. Jurnal Pengabdian UNDIKMA, 3(1), 43. https://doi.org/10.33394/jpu.v3i1.5068

Rusiadi, Rusiadi, Nasution, L. N., Suhendi, S., Rangkuty, D. M., & Abdiyanto, A. (2022). Covid-19 Pandemic: Impact on Economic Stability In 8-Em Muslim Countries. Atestasi?: Jurnal Ilmiah Akuntansi, 5(1), 336–352. https://doi.org/10.57178/atestasi.v5i1.626

Rusiadi. (2009). Analisis Pasar Keuangan Global dan Indeks Harga Saham Gabungan di Bursa Efek Indonesia. Tesis, 125.

Rusiadi, R., Pembangunan, U., Budi, P., Sanusi, M., Gazali, M. S., & Riau, U. I. (2015). EARLY DETECTION OF THE FINANCIAL. September 2018.

Sahay, R., Allmen, Ulric Eriksson von Lahreche, A., Khera, P., Ogawa, S., Bazarbash, M., & Beaton, K. (2020). The Promise of Fintech; Financial Inclusion in the Post COVID-19 Era. In IMF Departmental Papers / Policy Papers from International Monetary Fund (Issue 20). https://econpapers.repec.org/paper/imfimfdps/2020_2f009.htm%0D

Sarma, M., & Pais, J. (2011). FINANCIAL INCLUSION AND DEVELOPMENT. Journal of International Development, 23(10–13), 613–628. https://doi.org/10.1002/jid

Secilmis, E. (2016). The Price of Inequality: How Today’s Divided Society Endangers Our Future. Ekonomik Yaklasim, 27(100), 223. https://doi.org/10.5455/ey.35942

Teece, D. J. (2018). Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world. Research Policy, 47(8), 1367–1387. https://doi.org/10.1016/j.respol.2017.01.015

Telukdarie, A., & Mungar, A. (2022). The Impact of Digital Financial Technology on Accelerating Financial Inclusion in Developing Economies. Procedia Computer Science, 217(2022), 670–678. https://doi.org/10.1016/j.procs.2022.12.263

Todaro, M. P., & Smith, S. C. (2012). Economic Development Twelfth Edition (12th ed.) Pearson.

Tram, T. X. H., Lai, T. D., & Nguyen, T. T. H. (2023). Constructing a composite financial inclusion index for developing economies. Quarterly Review of Economics and Finance, 87(xxxx), 257–265. https://doi.org/10.1016/j.qref.2021.01.003

Ullah, S., Nobanee, H., & Iftikhar, H. (2023). Global financial integration, governance-by-technology, and green growth. International Review of Financial Analysis, 90(November), 1–7. https://doi.org/10.1016/j.irfa.2023.102838

United Nations. (2015a). Transforming our world: The 2030 agenda for sustainable development. U. Nations. Available at https://sustainabledevelopment.un.org/sdgs

Zhen Huang, Ning Gao, M. J. (2023). SUSTAINABLE DEVELOPMENT GOALS (SDGs) DALAM KONSEP GREEN ECONOMY UNTUK PERTUMBUHAN EKONOMI BERKUALITAS BERBASIS EKOLOGI. Journal of Corporate Finance, 82(1), 27–38. https://doi.org/10.46229/b.e.e..v2i1.134