Publication Search

This study explores the relocation of Indonesia's capital from Jakarta to Nusantara (IKN), a strategic initiative aimed at addressing environmental, economic, and social challenges while fostering sustainable economic growth. Utilizing a Systematic Literature Review (SLR) methodology, the research examines existing studies to assess the potential and challenges associated with the project. Key findings highlight IKN's role in redistributing economic activities, mitigating Jakarta's overpopulation and infrastructure strain, and promoting regional development in East Kalimantan. The project is expected to enhance national GDP distribution, create millions of jobs, and position IKN as a smart and sustainable urban model. However, concerns over financing, environmental impacts, and socio-cultural adaptations present critical challenges that require comprehensive strategic planning. This study contributes to the discourse on national capital relocation, providing insights for policymakers to optimize the economic and environmental benefits of this transformative endeavor.  

This article examines how Indonesia's economic growth was affected by the global financial crisis brought on by the US subprime mortgage crisis. In addition to having an effect on Indonesia through trade and financial channels, this crisis led to a downturn in the demand for consumer spending, investment, and exports in developing nations. This decrease was a contributing factor to the drop in Indonesia's GDP. The research approach adopted is literature study with analysis of pertinent literature. In addition, this article also covers comments on the causes of the crisis from conventional and Islamic economic viewpoints, as well as the significance of market reform to prevent excessive speculation. The author highlights how using the concepts of Islamic finance can be beneficial enhance the domestic financial sector to increase its resilience to external shocks and avert future crises.

The manufacturing industry is still the main driver of the national economy. This is reflected in the consistency of the non-oil and gas processing industry which makes the largest contribution to the national gross domestic product (GDP) with an achievement of 16.30 percent in the second quarter of 2023. The ability of the manufacturing sector to provide traded goods and jobs makes it a significant contributor to Indonesia's economic situation. The Indonesian government has taken various steps to increase competitiveness in industries that are considered strategic in facing liberalization towards the ASEAN Single Market, including the manufacturing sector. One of the most important economic sectors for Indonesia is the manufacturing sector. Apart from exports and its contribution to GDP which continues to increase, the manufacturing sector is a labor-intensive sector that absorbs a lot of workers.

The culinary industry in Indonesia is one of the fastest-growing sectors of the creative economy, contributing approximately 41% to the total GDP of the creative economy in 2020. However, product marketing challenges remain a significant obstacle for Micro, Small, and Medium Enterprises (MSMEs) in this sector. Issues such as limited marketing skills, intense competition, and restricted access to digital technology hinder MSMEs' competitiveness. Mie Ayam Pak Sorodi, as one of the MSMEs, faces challenges in digital marketing, including the absence of digital payment systems and social media platforms. This community service aims to assist the MSME in adopting digital transformation by creating social media profiles, adding business locations to Google Maps, and implementing QRIS payment systems. The methods include direct mentoring and technical training for business owners. The results indicate an improvement in market reach, customer engagement, and operational efficiency. This digital transformation is expected to enhance competitiveness and business sustainability in an increasingly competitive market (Ftindustri, n.d.).

Riau Province is one of the largest contributors to GRDP in Indonesia with several leading sectors. This study aims to determine the leading sectors or base and non-base sectors in Riau Province. The data used in this study are secondary data obtained from the Riau Province Central Bureau of Statistics (BPS). The data was processed and analysed using the Location Quotient (LQ) analysis method. The results of Location Quotient (LQ) analysis show that there are 3 basic sectors or leading sectors in Riau Province for the 2018-2022 period. It is known that there are 3 basic sectors or leading sectors in Riau Province, the 3 sectors are the Agriculture, Forestry and Fisheries sector, the Mining and Quarrying sector, and the Manufacturing Industry sector with LQ analysis values of 2.15, 2.23, and 1.52, respectively. While the other 14 sectors are non-base sectors. For this reason, the government must better understand what sectors need to be improved and the need for cooperation from many parties so that these leading sectors can be maintained and further developed in the following year.

The development of digital technology drives the urgent need for comprehensive personal data protection. This research examines the Register of Processing Activities (ROPA) mechanism through a comparative study between Indonesia's Personal Data Protection Law (PDP Law) and Europe's General Data Protection Regulation (GDPR). Using a normative juridical method and a comparative law approach, this research analyzes data protection regulations to identify differences and similarities in personal data protection mechanisms. The results of this study show that both regulations have similar goals in creating transparency and accountability, but have significant differences in implementation. Indonesia's PDP Law implements ROPA with a more flexible approach, while GDPR has stricter and more detailed provisions. In addition, this research also reveals the importance of ROPA as a documentation instrument that helps organizations manage data risks, protect individual rights, and build public trust in personal data management in the digital era. This study concludes that while ROPAs can enhance personal data protection, educational and technological support is needed for their effectiveness.

This study aims to explore and empirically test the impact of Gross Domestic Product (GDP) and inflation on value-added tax (VAT) receipts. The research was conducted in Indonesia over the period from 1993 to 2022, using a sample of 30 observations on GDP, inflation and VAT. The sampling method employed was non-probability sampling with a saturation sampling technique, where the entire population was used as the sample. The analysis technique applied was multiple linear regression. The results indicate that, individually, GDP has a significant effect on VAT receipts (t-value > t-table) 2.064 > 2.059; an increase in GDP is likely to enhance VAT receipts due to the increase in household income, which supports the consumption of goods and services. In contrast, inflation does not have a significant effect on VAT receipts (t-value < t-table) 1.470 < 2.059; despite rising inflation, VAT receipts remain stable due to government policies on price controls, subsidies, and other measures to stabilize prices. Collectively, GDP and inflation together account for 98.2% of the effect on VAT receipts. Future research is recommended to include additional variables from both internal and external factors, such as government policies or global economic conditions, to gain a deeper understanding of other determinants affecting VAT receipts beyond GDP and inflation.

Still today, Indonesia's agricultural industry provides the bulk of the country's GDP. Agricultural output and job prospects are deteriorating as a result of the COVID-19 pandemic, which is particularly severe from 2020 to 2022. These underlying causes highlight the need of having a framework to estimate and anticipate output for the next year. The objective is to examine how the transition of farm and non-agricultural labour has affected family welfare in the districts of West Aceh and South Aceh. Shift Share and Location Quotient (LQ) are the tools used in this study. Using the contribution criterion in particular, LQ analysis is a powerful analytical technique for revealing an area's economic foundation. One way to look at regional economic development is via shift share analysis, which tracks how a key indicator of regional economic growth changes or increases over a certain time period. Agriculture, forestry, and fisheries make up the basic sector in South Aceh Regency's LQ calculation. The manufacturing industry, construction, financial and insurance services, and government administration, defence, and compulsory social security make up the other three subsectors. Agriculture, forestry, and fishing make up the backbone of West Aceh Regency's LQ calculation. The quarrying and mining industry. All sectors in South Aceh Regency had a negative value in the GRDP of South Aceh Regency shift share study, which suggests that overall, the sectors in South Aceh Regency are not expanding faster than their counterparts in Aceh Province and West Aceh Regency. All of the sectors in West Aceh Regency's GDRP are positive, which indicates that overall, the South Regency's sectors are developing at a quicker rate than both Aceh Province and South Aceh Regency's sectors.

Indonesia has significant fisheries potential due to its vast waters. Its abundant fishery resources have strong export potential. However, export activities often face challenges that cause export volumes to fluctuate. This fluctuation is influenced by various factors. These factors can be minimized using statistical methods such as Principal Component Analysis (PCA) and Factor Analysis. This study includes data characterization for each variable and testing PCA and factor analysis assumptions, including multivariate normality testing, independence testing (Bartlett's test), sampling adequacy (KMO test), anti-image correlation testing, PCA testing, and factor analysis. The results indicate that the percentage contribution of fisheries to GDP, the number of coastal villages with disaster mitigation facilities, and the average daily per capita calorie consumption from fish are relatively less dispersed and not highly variable around the mean. Additionally, all data meet the assumptions, and the sample size is adequate. Factors such as aquaculture pond production and the percentage contribution of fisheries to GDP sufficiently explain the data variations.

This study examines the role of digital cooperatives and MSMEs in driving business modernization to strengthen Indonesia's economy. Cooperatives and MSMEs are essential for economic growth and community welfare, significantly contributing to Indonesia's GDP and employment. However, they face challenges in modernization due to limited technology access and management issues. Using a systematic literature review, this research analyzes the influence of digital transformation on cooperatives and MSMEs, identifying digital technology adoption, collaborative approaches, and governmental support as key factors in modernization. Findings highlight that a structured digital framework, social capital, and policy backing enable cooperatives and MSMEs to enhance operational efficiency, resilience, and competitiveness. This modernization model offers insights into fostering a sustainable, inclusive economy through digitalized cooperative structures. The research underscores the need for ongoing digital adaptation, emphasizing cooperatives' dual role in community development and economic resilience.

International conflicts significantly impact maritime tourism development in Southeast Asia, a region rich in natural marine beauty and essential to the regional economy. Destructive international disputes, including geopolitical tensions and naval security threats, can significantly disrupt the regional stability on which tourism is built. Although maritime tourism in Southeast Asia continues to show post-pandemic growth, conflict risk remains a significant challenge that could affect traveler confidence and hinder the sector's contribution to regional GDP. The impact of international conflicts on the development of maritime tourism in Southeast Asia is analyzed in this research using a qualitative approach and literature study method. Journals, articles, and reports were reviewed to understand how geopolitical tensions and maritime security threats affect the tourism sector. The study utilizes conflict theory to explain the dynamics of conflict escalation and the application of resolution efforts in this context. Therefore, the potential disruption of maritime tourism development by ongoing conflicts in the Southeast Asian region is highlighted. The sustainability of the industry relies on security stability, and regional cooperation is crucial in mitigating the negative impact of conflict on the economic sector.

This study was aimed on analyze the competitiveness of the food industry sector, and showed the level of industrial and competitive performance of these industries, and the possibility of supporting and enhancing their competitiveness in the Iraqi economy for the period 2003-2020. Competitiveness is considered one of the most important indicators of the efficiency of the food industry tool in local and foreign markets, as competitiveness represents the ability of productive sectors of different types to distribute their products and increase their sales level. Therefore, the food industry in Iraq is considered one of the most important sectors of the manufacturing industries that suffer from problems and obstacles including a decrease in the level of competitive and industrial performance. It is believed that the problem of the research is the weak competitiveness of the food industry in Iraq due to the decline in the quality of manufactured products and the weak level of competitiveness of these products compared to imported products. The results of the study showed a decrease and fluctuation in the contribution of the manufacturing sector to the gross domestic product (GDP) in Iraq. The economic policy was not providing the possibility of an investment climate to support and enhance the private sector in industrial investment. The indicators of production requirements such as labor productivity, worker productivity, and the value added index of the food industries sector began to fluctuate between decrease and increase, and to measure the extent of the reciprocal effects between all parts of the standard model and the extent of its contribution to developing the competitive capacity of this sector.

This study investigates the role of Islamic social finance in supporting green economy development across Muslim-majority countries. Islamic social finance instruments, including zakat, waqf, and sadaqah, are designed to redistribute wealth ethically and address social inequalities, while also offering potential for financing environmentally sustainable projects. Using a quantitative research design and econometric modeling with panel data, the study analyzes the impact of these instruments on environmental performance indicators such as the Green Economy Index (GEI) and Environmental Performance Index (EPI). Secondary data are collected from international sources including the OIC Statistical Database, the World Bank, and the Islamic Development Bank, covering selected countries such as Indonesia, Malaysia, Saudi Arabia, Turkey, Pakistan, and Egypt. The analysis includes independent variables representing zakat distribution, waqf assets, and sadaqah volume, with control variables including GDP per capita, governance indicators, and population growth. Descriptive statistics reveal substantial variation in Islamic social finance and environmental performance across countries, indicating the importance of institutional governance and policy integration. Econometric results demonstrate a positive correlation between zakat and waqf development and environmental performance, while sadaqah contributes positively but to a lesser extent. These findings suggest that Islamic social finance can directly support environmental projects, including renewable energy initiatives, sustainable agriculture, and green infrastructure, complementing conventional fiscal tools. The study highlights the advantages of Islamic social finance in promoting justice, sustainability, and ethical allocation of resources, and it emphasizes the need to integrate green objectives into zakat and waqf operational frameworks. Policy recommendations include mainstreaming Islamic social finance into national green policies, enhancing governance and transparency, and encouraging cross-sector collaboration between financial institutions and environmental agencies. Future research is suggested to explore micro-level impacts on household and community environmental behaviors and to conduct comparative studies across regions. Overall, the study underscores the potential of Islamic social finance as a faith-driven, socially inclusive, and environmentally sustainable mechanism for supporting long-term green economic development.

Developing and developed countries rely heavily on the use of electrical energy to carry out social and economic activities. The purpose of this study is to analyze economic growth and its influencing factors in the period 2004-2023. This research uses time series data. The data method used is the VECM model. The results of this study indicate that there is a one-way causality relationship between variables. In the short term only CO2 emission variables affect economic growth, while in the long term all variables such as electricity and population can affect economic growth.

This study examines the relationship between educational attainment, gender inequality in education, and their impact on unemployment rates and economic resilience across various regions. Gender inequality in education has long-term consequences on labor market outcomes and economic stability. In regions with higher gender inequality, the underutilization of female talent results in higher unemployment rates and weaker economic resilience. In contrast, regions with higher gender equality in education show improved labor market performance and a more resilient economy. The study utilizes cross-regional regression analysis, incorporating data on education levels, gender inequality indices, unemployment rates, and economic resilience metrics. The findings suggest that gender inequality in education plays a more significant role in shaping unemployment rates and economic resilience than traditional macroeconomic variables such as GDP and inflation. Furthermore, the results highlight the importance of improving access to education for underrepresented genders, particularly women, to foster more inclusive and sustainable economic growth. The study emphasizes the need for policies that promote gender equality in education as a means to enhance labor market outcomes and strengthen economic resilience. Limitations of the study include potential data constraints and regional variations in cultural, economic, and policy contexts, which may affect the generalizability of the findings. Future research could expand this study by exploring different regions and countries to gain a deeper understanding of the long-term effects of reducing gender inequality in education on economic outcomes.

The agricultural sector plays an important role in Indonesia's capital markets, making a significant contribution to the economy despite facing the challenges of the COVID-19 pandemic. The consistent growth of this sector, marked by an increase in contribution to GDP by 2.20% in 2020 and 12.4% in 2022, has attracted investor interest. To support better investment decisions, agricultural companies need to improve the quality of the financial information they present. The implementation of PSAK 69, which requires disclosure of the fair value of biological assets, is an important step in increasing corporate transparency and accountability. This research aims to empirically test the influence of the fair value of biological assets and disclosure of biological assets on  firm value in the Indonesian agricultural sector for the 2018-2022 period. The research was conducted using multiple linear regression analysis. The research results show that disclosure of biological assets has a positive effect on increasing firm value, while the fair value of biological assets does not have a significant effect.  

Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in Indonesia's economy, particularly through their contributions to the formation of Gross Domestic Product (GDP) and employment absorption. MSMEs are also recognized for their strong economic resilience, making them a key pillar of national financial and economic stability. Acknowledging this significance, through the Student Community Service Program (KKM), Group 36 conducted training and mentoring for MSME actors in Bulakan Village over a two-month period. This initiative aimed to enhance the understanding of MSME actors regarding the critical impact of branding, packaging design, and product innovation on marketing strategies. The outcomes of this activity include the creation of distinctive product branding and logos, as well as innovations that have the potential to improve the quality of MSME products.

This research aims to determine the influence of interest rates, consumption, investment, unemployment and renewable energy on inflation and gross domestic product (GDP) in Indonesia. The variables in this research are Interest Rates, Consumption, Investment, Unemployment and Renewable Energy as independent variables, while the variables Inflation and Gross Domestic Product (GDP) are the dependent variables. The research period is 1993 - 2023. The data analysis technique used is the Simultaneous model, with testing using Eviews 10. Based on the results of the simultaneous analysis, the variables Interest Rate, Consumption and GDP have a positive and significant effect on Inflation. Meanwhile, the Investment Variable does not have a positive and significant effect on Inflation. The Renewable Energy and Inflation variables have a positive and significant effect on GDP. Meanwhile, the unemployment variable does not have a positive and significant effect on GDP.  

This research investigates the intricate landscape of financial challenges and opportunities in the maritime industry through the lens of expert perspectives in economics, management, and maritime operations. Drawing on qualitative insights from industry leaders and scholars, the study analyses key economic indicators such as GDP growth rates, inflation, interest rates, and trade balances, highlighting their profound impact on global shipping dynamics. The findings reveal pervasive challenges including economic volatility, regulatory compliance burdens, and sustainability pressures, which necessitate strategic responses for financial resilience and operational sustainability. Strategic recommendations are delineated to address these challenges effectively, advocating for enhanced risk management strategies, investment in technological innovation, adoption of sustainable practices, collaborative industry partnerships, and capacity building in talent development. These insights are crucial for maritime stakeholders aiming to navigate economic uncertainties and regulatory complexities while advancing towards sustainable growth and competitiveness in the global maritime economy.

This research investigates the economic impacts of port development and management on coastal communities, focusing on the role of vocational education in workforce preparation. Ports serve as pivotal economic hubs, driving regional growth through trade facilitation, job creation, and infrastructure development. However, they also pose environmental challenges such as pollution and habitat degradation, necessitating sustainable management practices. The study evaluates these dual aspects by analysing indicators such as GDP growth, workforce readiness, environmental sustainability, and strategic management in port operations. Findings highlight the significant contributions of ports to local economies while emphasising the importance of vocational education in equipping communities with skills for port-related jobs. Strategic management and governance are critical in maximising economic benefits while mitigating environmental impacts and ensuring regulatory compliance. The research underscores the need for integrated approaches that balance economic growth with environmental sustainability to foster resilience in coastal regions.