THE ANALYSIS OF THE EFFECT OF FINANCIAL TECHNOLOGIES (FINTECH) ON THE ECONOMIES OF COUNTRIES
Journal Title: International scientific journal Science and Innovation - Year 2024, Vol 3, Issue 4
Abstract
In this article the author wrote about financial technology and its role in the development of digital economy which leads to the growth of economy of the country. As well as, she analyzed how FinTech investment of some countries, as USA, UK, India, Singapore, Germany, France, Brazil, Indonesia, Australia, Sweden, South Korea and Canada affects the Gross Domestic Product of these countries in 2022. During the analysis, she used one of econometric model, OLS model. According to the results, there is a positive relationship between FinTech investment and the GDP. The more investments to fintech countries do, the more GDP increases
Authors and Affiliations
Saidova Ugiloy Rustamjon kizi, Abdurashitova Muniskhon
Keywords
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