Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)

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The Role of Government and Financial Sector on Economic Growth: Case Study in Food Security

Authors
Bertha Mariana Silalahi1, *, Muhammad Zilal Hamzah1, Rinaldi Rustam1
1Faculty of Economics and Business, University of Trisakti, Jakarta, Indonesia
*Corresponding author. Email: bertha.msilalahi@gmail.com
Corresponding Author
Bertha Mariana Silalahi
Available Online 19 November 2024.
DOI
10.2991/978-94-6463-558-4_13How to use a DOI?
Keywords
financial ecosystem; food security; food sovereignty
Abstract

Regional development aims to improve the welfare and standard of living of the community to achieve regional independence and equitable progress throughout the region. For this reason, it is necessary to mitigate the food crisis in a resilient and sustainable manner to anticipate this condition. This research examines how stakeholders, especially the financial sector in North Sumatra, contribute to efforts to increase food security. Specifically, this research analyzes the role of the central government, regional government, regional authorities, financial industry, individuals/private parties and others in carrying out their duties and responsibilities for creating food sovereignty. The research focuses on a qualitative approach that analyzes the influence and ability of financial access in increasing economic growth. The qualitative methods of analysis by using NVIVO, prove the identification of the basic sector, namely indicators of the success of the real sector and the financial sector which can synergy to achieve the goal of food sovereignty in question. Regional stakeholders are obliged to commit, including building human resources, integrated systems and policies to prevent the severe impact of the food crisis on regional communities’ lives.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
19 November 2024
ISBN
978-94-6463-558-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-558-4_13How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Bertha Mariana Silalahi
AU  - Muhammad Zilal Hamzah
AU  - Rinaldi Rustam
PY  - 2024
DA  - 2024/11/19
TI  - The Role of Government and Financial Sector on Economic Growth: Case Study in Food Security
BT  - Proceedings of the International Conference on Sustainable Collaboration in Business, Technology, Information, and Innovation (SCBTII 2024)
PB  - Atlantis Press
SP  - 214
EP  - 238
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-558-4_13
DO  - 10.2991/978-94-6463-558-4_13
ID  - Silalahi2024
ER  -