THE MULTIPLIER EFFECT OF FINTECH AND ARTIFICIAL INTELLIGENCE ON ECONOMIC GROWTH: A MODERN MACROECONOMIC PERSPECTIVE

This research paper provides a comprehensive analysis of the transformative role of Financial Technology (FinTech) and Artificial Intelligence (AI) in stimulating modern economic growth. The study investigates the "Digital Multiplier Effect," wherein the integration of algorithmic finance and automated payment systems accelerates capital velocity and enhances macroeconomic stability. By synthesizing classical economic growth theories with contemporary digital trends, the article identifies key mechanisms through which AI-driven innovations reduce transaction costs and foster financial inclusion. The findings offer strategic recommendations for emerging economies to leverage these technologies for sustainable development and global competitiveness.