Economics Studies and Banking Journal (DEMAND)
Economics Studies and Banking Journal (DEMAND) DEMAND focuses on economics, innovation, and investment fields. Dedicated to enhancing the economic development of a country, region, and the world in general. It aims to publish original articles, whether in the form of theoretical studies, empirical studies, or practical studies. DEMAND invites papers on a wide range of topics, including the following (but not limited to these topics), are Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation capability, Innovation impact, Financial econometrics, Investment, Banking, International Finance, Stock Exchange, Industrial field. DEMAND Journal always publish 12 times in a year, every Month.
GREEN GROWTH VERSUS RESOURCE-BASED GROWTH: DEVELOPMENT TRADE-OFFS IN EAST KALIMANTAN UNDER INDONESIA'S LOW-CARBON TRANSITION
East Kalimantan faces a critical development paradox as Indonesia pursues low-carbon transition goals while maintaining economic dependence on resource extraction. This study examines the tension between green growth imperatives and resource-based development strategies in East Kalimantan, Indonesia's coal mining and palm oil production hub. Employing qualitative methodology through document analysis, policy review, and secondary data synthesis, this research investigates how provincial development trajectories navigate competing priorities of environmental sustainability and economic growth. Findings reveal fundamental trade-offs manifesting in policy inconsistencies, investment patterns favoring extractive industries despite renewable energy commitments, and socioeconomic vulnerabilities for resource-dependent communities. Empirical evidence demonstrates that coal production reached 695 million tons in 2023, contradicting national carbon neutrality targets for 2060. The study contributes theoretical insights into resource curse dynamics within transition economies and practical implications for development policy in resource-rich regions undergoing decarbonization pressures.
green growth, resource-based development, low-carbon transition, East Kalimantan, coal mining, sustainable development
Copyright (c) 2026 Rustam Rustam, Mastur Jafri, Meilani Aulia (Author) https://creativecommons.org/licenses/by-nc/4.0
NATURAL RESOURCE EXPLOITATION AND STRUCTURAL TRANSFORMATION IN EAST KALIMANTAN: CHALLENGES FOR INCLUSIVE ECONOMIC DEVELOPMENT
East Kalimantan represents a critical case study of resource-dependent regional economies struggling to achieve structural transformation despite substantial natural resource endowments. This research examines the paradox of persistent extractive sector dominance and limited economic diversification in Indonesia's wealthiest province. Employing qualitative methodology through document analysis and secondary data synthesis, this study analyzes economic structure evolution during 2023-2025, revealing that mining and extractive industries continue to account for 68.4% of regional GDP while absorbing only 12.3% of the workforce. The research identifies three primary barriers to inclusive development: premature deindustrialization patterns, asymmetric capital accumulation favoring resource sectors, and institutional frameworks perpetuating enclave economy characteristics. Analysis of 2024 provincial data demonstrates that despite per capita income reaching IDR 187.4 million, poverty rates in extractive-dependent districts remain 3.2 percentage points above provincial averages. The findings challenge conventional resource curse narratives by demonstrating that institutional design rather than resource abundance itself constitutes the fundamental constraint. This research contributes to development economics literature by documenting how subnational resource governance structures mediate national-level development outcomes. Policy implications emphasize the necessity of redistributive mechanisms, forward linkage development, and deliberate industrial policy coordination to achieve structural transformation objectives aligned with Indonesia's 2045 vision.
structural transformation, resource curse, extractive industries, inclusive development, regional economics
Copyright (c) 2026 Abdul Hakim, Syarifuddin Syarifuddin, Yohanes Sri Guntur (Author) https://creativecommons.org/licenses/by-nc/4.0
ANALYSIS OF INCLUSIVE ECONOMIC GROWTH IN MANOKWARI REGENCY
Inclusive economic growth emphasizes not only economic expansion but also the equitable distribution of development benefits across society. This study aims to analyze the inclusiveness of economic growth in Manokwari Regency over the period 2016–2025. Inclusive growth is assessed by examining the relationship between economic growth and key welfare indicators, namely poverty, unemployment, and income inequality. This study employs a quantitative approach using secondary data obtained from the Central Statistics Agency (BPS) of Manokwari Regency. The data include Gross Regional Domestic Product (GRDP) at constant prices, poverty rate, open unemployment rate, and Gini ratio. The analytical method used is the Inclusive Growth Index (IGI). The results indicate that although Manokwari Regency experienced positive economic growth during the study period, the growth has not been fully inclusive. Economic growth has not consistently reduced poverty, unemployment, and income inequality. These findings suggest the need for development policies that prioritize employment creation, poverty reduction, and income distribution to ensure that economic growth benefits all segments of society.
Inclusive Economic Growth, Poverty, Unemployment, Gini Ratio
Copyright (c) 2025 Sandi Hasudungan Pasaribu (Author) https://creativecommons.org/licenses/by-nc/4.0
EKONOMI ISLAM SEBAGAI SOLUSI ATAS KETIMPANGAN PERTUMBUHAN EKONOMI INDONESIA: STUDI DATA MAKRO 2010-2024
Penelitian ini bertujuan untuk menganalisis ketimpangan pertumbuhan ekonomi Indonesia periode 2010–2024 melalui kajian literatur ilmiah dan menelaah arah pembangunan ekonomi nasional dari perspektif keadilan dan pemerataan. Metode penelitian yang digunakan adalah studi kepustakaan (library research) yang sepenuhnya bersumber dari artikel-artikel jurnal ilmiah relevan. Hasil kajian menunjukkan bahwa meskipun pertumbuhan ekonomi Indonesia secara makro relatif stabil, pemerataan kesejahteraan belum tercapai secara optimal. Ketimpangan pendapatan dan keterbatasan akses terhadap sumber ekonomi masih menjadi persoalan struktural yang menghambat inklusivitas pembangunan. Temuan ini menegaskan bahwa pembangunan ekonomi Indonesia perlu diarahkan pada keseimbangan antara pertumbuhan dan pemerataan dengan menekankan nilai keadilan, tanggung jawab sosial, serta keberlanjutan ekonomi. Penelitian ini diharapkan dapat menjadi rujukan bagi pembuat kebijakan dan akademisi dalam mengembangkan strategi pembangunan yang tidak hanya berorientasi pada angka pertumbuhan, tetapi juga pada peningkatan kualitas hidup dan kesejahteraan masyarakat secara merata.
Pertumbuhan Ekonomi, Ketimpangan, Pemerataan, Keadilan Ekonomi, Indonesia
Copyright (c) 2025 Mubarak Mubarak, Muhammad Ali Afsar, Muhammad Imam Sejati, Kurniati Kurniati (Author) https://creativecommons.org/licenses/by-nc/4.0
PERAN MODEL EKONOMI MIKRO ISLAM DALAM MEMBENTUK PRAKTIK EKONOMI BERKELANJUTAN
Dalam artikel ini mengeksplorasi peran model ekonomi mikro Islam sebagai alternatif yang layak bagi sistem ekonomi konvensional, khususnya dalam mengatasi masalah ketimpangan dan praktik yang tidak berkelanjutan. Saya mengidentifikasi pertanyaan yang belum terjawab tentang bagaimana prinsip-prinsip ekonomi mikro Islam berkontribusi pada ekonomi yang berkelanjutan dan berkeadilan, dengan berargumen bahwa model-model ini yang berakar pada prinsip-prinsip seperti keadilan, larangan bunga (riba), dan mekanisme redistribusi kekayaan seperti zakat menyajikan kerangka kerja yang berkelanjutan dan etis untuk praktik ekonomi. Melalui pemeriksaan terperinci terhadap prinsip-prinsip inti, instrumen redistribusi kekayaan, dan mekanisme keuangan Islam, saya menunjukkan bagaimana elemen-elemen ini mendorong kesetaraan dan mencegah perilaku eksploitatif. Lebih lanjut, saya menanggapi kritik mengenai skalabilitas dan adaptabilitas model-model ini dalam ekonomi modern, yang pada akhirnya menegaskan bahwa prinsip-prinsip ekonomi mikro Islam dapat secara signifikan mengurangi kesenjangan ekonomi global dan mendorong masa depan yang lebih adil.
Ekonomi Mikro Islam, Pertumbuhan Berkelanjutan, Redistribusi Kekayaan, Ekuitas Ekonomi, Keuangan Etis
Copyright (c) 2025 Aris Budiman, Abdul Azis, Sri Rokhlinasari (Author) https://creativecommons.org/licenses/by-nc/4.0
MENGHIDUPKAN KEMBALI SEMANGAT KOPERASI: TRANSFORMASI KEBIJAKAN UNTUK MENGATASI KEMISKINAN STRUKTURAL
Kemiskinan, khususnya di pedesaan, tetap menjadi tantangan struktural di Indonesia, dengan tingkat kemiskinan perdesaan mencapai 11,03% dibandingkan perkotaan 6,73% (Maret 2025). Koperasi, sebagai institusi ekonomi kerakyatan, memiliki peran strategis untuk mengatasi disparitas ini, namun efektivitasnya dalam penanggulangan kemiskinan masih suboptimal. Penurunan jumlah koperasi aktif dari 209.448 (2014) menjadi 130.119 (2023) mengindikasikan adanya masalah kelembagaan dan implementasi. Penelitian ini bertujuan menganalisis hambatan regulasi dan implementasi, serta merumuskan rekomendasi kebijakan untuk mengoptimalkan peran koperasi. Dengan mengadopsi analisis kebijakan dan kajian kelembagaan, temuan menunjukkan adanya diskoneksi antara regulasi koperasi yang lama (UU No. 25/1992) dan program pengentasan kemiskinan (Bansos, KUR) , kurangnya adopsi digital, dan lemahnya integrasi kebijakan di tingkat daerah. Rekomendasi strategis meliputi Harmonisasi Regulasi berpusat pada program Koperasi Desa Merah Putih, Transformasi Digital dan modernisasi tata kelola, Reorientasi Bantuan Sosial berbasis koperasi (bukan individu), serta implementasi Skema Pembiayaan Inklusif (KUR Kolektif). Penguatan peran Pemerintah Daerah sebagai orkestrator ekosistem menjadi kunci keberhasilan implementasi integratif ini.
Koperasi , Pengentasan Kemiskinan, Koperasi Desa Merah Putih , Analisis Kebijakan, Transformasi Digital , KUR Kolektif
Copyright (c) 2025 Herman Delli (Author) https://creativecommons.org/licenses/by-nc/4.0
DIGITALIZATION OF INVESTMENT AND CREATIVE ECONOMY: A NEW PATH TO INCLUSIVE GROWTH IN BERAU
Berau Regency faces challenges in optimizing investment potential and the creative economy as a driver of inclusive economic growth. This study analyzes digital transformation in the investment sector and the development of the creative economy as a sustainable economic development strategy. Using a descriptive-analytical approach, this study explores the implementation of the DPMPTSP digital platform, the adoption of digital investment technology, and the development of the creative economy sector including handicrafts, culinary, and art as the basis of the people's economy. The results of the analysis show that investment digitalization through the SIMOSI and TALI SIDA applications has increased the effectiveness of investment promotion, while the creative economy sector contributes significantly to job creation and empowerment of local communities. This research recommends the integration of more comprehensive digital platforms and the strengthening of the creative economy ecosystem through multi-stakeholder collaboration to realize inclusive and sustainable economic growth in Berau Regency.
investment digitalization, creative economy, inclusive growth, DPMPTSP, Berau
Copyright (c) 2025 Tamam Rosid (Author) https://creativecommons.org/licenses/by-nc/4.0
IMPLEMENTATION OF SHARIA ECONOMICS IN SUSTAINABLE DEVELOPMENT: A CASE STUDY OF DEVELOPMENT MANAGEMENT IN BERAU REGENCY
This study analyzes the potential of the implementation of sharia economics in supporting sustainable development in Berau Regency, East Kalimantan. Using a descriptive-analytical approach and secondary data from BPS as well as the latest literature (2021-2025), this study identifies opportunities for the integration of sharia economic principles in regional development management. The results of the study show that Berau Regency has significant potential to develop the sharia economy through the halal tourism sector, halal industry, and sharia finance. Recommendations include the development of policy frameworks that support the sharia economic ecosystem and the capacity building of human resources in the field of sharia economics.
sharia economy, sustainable development, regional management, Berau Regency, halal economy
Copyright (c) 2025 Ma'rifah Yuliani (Author) https://creativecommons.org/licenses/by-nc/4.0
INTEGRATION OF SHARIA ECONOMICS IN DEVELOPMENT ECONOMICS: AN ANALYSIS OF ITS ROLE AND POTENTIAL IN THE DIGITAL ERA
This research analyzes the integration of the Islamic economy in the framework of modern development economics with a focus on the role of Islamic fintech, Islamic financial instruments, and their impact on sustainable economic growth. Through secondary data analysis and a comprehensive literature review from the Scopus Q1 indexed journal, this study found that sharia economics contributes significantly to financial inclusion and equitable economic development. The results of the analysis show that the integration of sharia principles in the economic system can increase financial stability by up to 23% and expand financial access for the previously unbanked 40% of the population. Research recommends strengthening regulations, human resource development, and product innovation as the main strategies in optimizing the role of the Islamic economy in national development.
Sharia Economics, Development Economics, Sharia Fintech, Financial Inclusion, Sustainable Development
Copyright (c) 2025 Syarifuddin Syarifuddin (Author) https://creativecommons.org/licenses/by-nc/4.0
ANALYSIS OF THE EFFECT OF ORIGINAL REVENUE AND LOCAL GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH IN PURBALINGGA REGENCY 2013-2023
This study examines the influence of Locally Generated Revenue (PAD) and Local Government Expenditure on economic growth in Purbalingga Regency, Indonesia, during the period 2013–2023. Using secondary time series data and an Error Correction Model (ECM) approach, the analysis is conducted to capture both short-term dynamics and long-term equilibrium relationships. The results show that PAD and government expenditure have no significant effect on economic growth in the long run, while in the short run both have a significant effect. A robust error correction mechanism indicates the ability of the regional economy to adjust towards long-term equilibrium. Although limited to fiscal variables, these findings emphasize the need to incorporate other factors such as investment, labor, inflation, and human development in future research. This study provides new evidence on the fiscal determinants of regional economic growth and offers insights for local governments in optimizing fiscal policies to promote sustainable development.
Economic Growth, Local Original Income, Local Government Expenditure, Error Correction Model, Purbalingga
Copyright (c) 2025 Novika Jayanti (Author) https://creativecommons.org/licenses/by-nc/4.0
PROGRAM IMPACT ANALYSIS CORPORATE SOCIAL RESPONSIBILITY(CSR) PT AWANA SAWIT LESTARI TOWARDS ECONOMIC EMPOWERMENT OF OIL PALM FARMING COMMUNITIES IN SARUDU VILLAGE, PASANGKAYU REGENCY
Corporate Social Responsibility(CSR) is a concept that is increasingly gaining attention among companies, especially those operating in the natural resources sector. CSR not only functions as a form of corporate social responsibility, but also as a tool to accelerate local economic growth and empower communities. Currently, PT. Awana Sawit Lestari, which operates in Sarudu Village, Pasangkayu Regency, has implemented CSR programs since its establishment in 2019. These programs are designed to provide a positive contribution to the surrounding community, with a focus on economic empowerment, the environment, health, and education. The research method used in this study is a qualitative method. The data collection techniques are through observation, interviews, and documentation. This study uses data analysis techniques, namely data reduction, data presentation and data verification. Checking the validity of the data uses 4 triangulations, namely sources, methods, investigators and theories. The results of the study show that there is a real contribution in encouraging the economic empowerment of oil palm farmers around its operational area. Through a participatory approach and programs that focus on increasing capacity, strengthening farmer institutions, and providing production facilities, the company has succeeded in creating a positive impact that is not only short-term but also leads to long-term sustainability. Active community involvement in every stage of program implementation is one of the key factors for the success of this CSR. The community feels more appreciated and has a sense of ownership of the program being implemented. Supporting factors for the success of CSR implementation include support from community leaders and positive responses from residents, while inhibiting factors include lack of transparency and uneven community participation. In conclusion, the implementation of CSR by PT. Awana Sawit Lestari has had a positive impact on the community, but there needs to be improvement in the aspects of coordination and program expansion so that the results are more optimal and sustainable.
Corporate Social Responsibility, Community Economic Empowerment, Palm Oil Farmers
Copyright (c) 2025 Fitriani Fitriani, Syaifullah Syaifullah, Asriyana Asriyana (Author) https://creativecommons.org/licenses/by-nc/4.0
EVALUATION OF AGRICULTURAL SUBSIDY POLICIES AND THEIR IMPACT ON FARMERS’ WELFARE
Agricultural subsidies play an important role in improving the welfare of small farmers in developing countries, but their effectiveness is still debated. This research aims to evaluate the impact of subsidy policies on the economic welfare of small farmers, considering the challenges faced by this group in the context of market uncertainty and climate risk. This research aims to measure the effectiveness of agricultural subsidy policies in increasing income, productivity and access to resources for small farmers in developing countries. The approach used is Systematic Literature Review (SLR), with data collection from the Scopus and Web of Science databases. Analysis was carried out using manual coding techniques and NVivo software to identify main themes from 36 relevant studies. The findings show that input subsidies, price subsidies, credit assistance subsidies significantly increase the productivity and income of small farmers, despite the risk of dependency and market distortion. The quality of governance and technology adoption moderate the positive impact of subsidies. This research highlights the importance of context-based and participatory subsidy policy design to maximize benefits for small farmers, and contributes to the development of theory and practice in agricultural policy.
Agricultural subsidies, welfare of small farmers, policy evaluation, Systematic Literature Review, developing countries
Copyright (c) 2025 Sulhan Manaf (Author) https://creativecommons.org/licenses/by-nc/4.0
THE INFLUENCE OF MAQASID AL-SHARIAH ON SUSTAINABLE INVESTMENT DECISIONS IN ISLAMIC FINANCE
Islamic finance is increasingly developing with an emphasis on sustainability, but the integration of Maqasid principles al-Shariah in sustainable investment decisions remains underexplored. This research aims to fill this gap by analyzing the influence of Maqasid al-Shariah on sustainable investment decisions in the context of Islamic finance. This research aims to explore how the principles of Maqasid al-Shariah can be used as guidelines in making investment decisions that are not only financially profitable but also consider social and environmental aspects. This research uses a Systematic Literature Review (SLR) approach by collecting and analyzing relevant articles from the Scopus and Web of Science databases. Inclusion and exclusion criteria were applied to ensure the quality and relevance of the analyzed articles. The findings show that the integration of Maqasid al-Shariah in sustainable investment decisions can increase positive impacts on society and the environment, and support the achievement of sustainable development goals. This research also identifies challenges in implementing these principles. These findings make a significant contribution to the Islamic finance literature by highlighting the importance of Maqasid al-Shariah in sustainable investment practices, as well as offering guidance for Islamic financial institutions to develop more inclusive and sustainable products.
Maqasid al-Shariah, Sustainable Investment, Islamic Finance, Systematic Literature Review, Social Impact.
Copyright (c) 2025 Hotman Hotman, M Luthfi (Author) https://creativecommons.org/licenses/by-nc/4.0
CLIMATE CHANGE ECONOMICS: MITIGATION POLICIES AND ADAPTATION STRATEGIES
Climate change is a significant global challenge, affecting economic stability and food security in various countries. This research aims to evaluate the effectiveness of mitigation and adaptation policies in increasing economic resilience, especially in countries that are vulnerable to the impacts of climate change. This study focuses on analyzing mitigation and adaptation policies implemented in various countries, as well as their impact on economic resilience and social sustainability. This research uses a Systematic Literature Review (SLR) approach with the PRISMA protocol to identify, assess, and synthesize relevant literature. Data were collected from peer-reviewed articles in the Scopus, Web of Science, and ScienceDirect databases, with meta-synthesis and comparative analysis to identify patterns and policy effectiveness. The findings show that a combination of mitigation policies, such as carbon taxes and emissions trading, and adaptation strategies, such as green infrastructure and economic diversification, significantly improves economic resilience. Countries with strong political support and investment in green technology show better results. This research provides important insights for policymakers to design more effective strategies in dealing with climate change, by emphasizing the need to integrate mitigation and adaptation policies to achieve sustainable economic resilience.
climate change, mitigation policy, adaptation policy, economic resilience, systematic literature.
Copyright (c) 2024 Loso Judijanto (Author) https://creativecommons.org/licenses/by-nc/4.0
The Role of Sukuk in Infrastructure Development: A Systematic Review of Global Experiences and Lessons Learned
This research systematically examines the role of sukuk in infrastructure financing, with a focus on the lessons that can be learned from advanced Islamic financial markets and the implications for developing countries. Sukuk, as a financial instrument that complies with sharia principles, has been widely used in countries such as Malaysia, the United Arab Emirates (UAE), and Saudi Arabia to fund large-scale infrastructure projects. These countries have succeeded in developing strong regulatory frameworks, innovative sukuk structures, and broad investor participation. However, replicating this model in developing countries still faces challenges, such as political instability, low financial literacy, and immature legal infrastructure. Through a systematic literature review, this research identifies key factors that contribute to the success of sukuk in more developed markets and outlines the obstacles faced by developing countries. Additionally, this research provides practical recommendations for policymakers in developing countries, emphasizing the importance of a supportive regulatory environment, capacity development, and public-private partnerships (PPPs). The findings show that with appropriate adaptation, sukuk can be a viable solution for sustainable infrastructure development in developing countries. Future research is recommended to focus on empirical studies evaluating the effectiveness of sukuk in these countries as well as comparative analysis between different financial markets.
Sukuk, Infrastructure financing, Islamic finance, Developing countries, Developed markets, Public-private partnerships, Systematic literature review
Copyright (c) 2024 Saifuddin Zuhri, Cholid Fadil (Author) https://creativecommons.org/licenses/by-nc/4.0
Islamic Social Finance and Poverty Alleviation
Islamic social financing, including zakat, waqf, and infaq, has attracted attention as a potential tool in poverty alleviation, especially in Muslim-majority countries. This research aims to analyze the effectiveness of Islamic social financing in reducing poverty in Muslim-majority countries compared to non-Muslim countries. The research method used was PRISMA to systematically review the literature from relevant articles. The research results show that Islamic social financing has significant potential in reducing poverty and income inequality. The implication of this research is the importance of improving the management and distribution of zakat, waqf and infaq funds to maximize their impact on social and economic welfare.
Islamic Social Financing, Zakat, Waqf, Infaq, Poverty Alleviation, Muslim Majority Countries, Non-Muslim Countries
Copyright (c) 2024 Ainul Furqon, Nurhayat Nurhayat, Mukhid Mukhid (Author) https://creativecommons.org/licenses/by-nc/4.0
The Role of Zakat in Poverty Alleviation: A Comprehensive Review of Economic Impact Assessments
Zakat, as an obligation in Islam, has significant potential in alleviating poverty and economic empowerment. This research aims to evaluate the effectiveness of various types of zakat in reducing poverty through a comprehensive literature review. The method used is the PRISMA approach to ensure systematization and transparency in literature collection and screening. The research results show that zakat fitrah, zakat mal, and zakat profession play an important role in reducing poverty and improving community welfare. The implications of this research highlight the importance of good, transparent zakat management and the use of digital technology to increase the efficiency of zakat collection and distribution. This research also identifies the need for more in-depth empirical studies and the use of more effective distribution strategies in the context of poverty alleviation.
Zakat, Poverty Alleviation, Economic Empowerment, Effectiveness of Zakat, Islamic Economics, Redistribution of Wealth, Community Welfare.
Copyright (c) 2024 Andika Saputra, Heri Sutopo (Author) https://creativecommons.org/licenses/by-nc/4.0
Green Entrepreneurship and Environmental Sustainability: Current Trends and Future Directions
This research examines green entrepreneurship as a business strategy that integrates economic value with environmental sustainability principles. Using a systematic literature review method with the PRISMA approach, this research identifies key factors that influence the sustainability of green businesses in developing markets. The research results show that technological innovation, policy support, and green supply chain management are the main factors in the long-term sustainability of green businesses. The implications of this research are important for entrepreneurs and policy makers in developing effective strategies to support green entrepreneurial practices.
Green Entrepreneurship, Environmental Sustainability, Emerging Markets, Green Supply Chain Management, Technological Innovation
Copyright (c) 2024 Camelia Safitri (Author) https://creativecommons.org/licenses/by-nc/4.0
The Green Economy: How Sustainable Development Can Drive Economic Growth and Prosperity
This research examines the integration of green economic aspects in national development policies, with a focus on environmental education and awareness, investment in green infrastructure, green fiscal and tax policies, as well as the integration of environmental aspects in spatial planning. The research method used was a systematic literature review using the PRISMA approach. The research results show that the integration of green economic aspects can produce long-term economic benefits such as increasing economic competitiveness, reducing environmental and health risks, economic diversification, and improving quality of life. The implications of this research show the importance of environmental education, green infrastructure investment, green fiscal policy, and sustainable spatial planning in supporting the green economy and national development.
Green Economy, National Development Policy, Environmental Education, Green Infrastructure, Green Fiscal Policy, Spatial Planning, Economic Sustainability
Copyright (c) 2024 Andri Irawan, Supriyanto Supriyanto (Author) https://creativecommons.org/licenses/by-nc/4.0
A Systematic Review of Sustainable Agriculture Practices: Evaluating Environmental and Economic Impacts
No-till farming offers a variety of environmental benefits but faces challenges in terms of efficiency and economic sustainability. This research aims to explore the role of technological innovation in improving efficiency and economic sustainability in no-till farming practices through a systematic review of the literature. The research results show that the adoption of technologies such as no-till planting machines, soil sensors, and digital monitoring systems can increase productivity, reduce operational costs, and improve the quality of crop yields, thereby supporting long-term economic sustainability. These findings imply the need for policy support and training to overcome initial barriers to technology investment and promote more efficient and sustainable agricultural practices.
No-till farming, technological innovation, efficiency, economic sustainability, sustainable agriculture, soil sensors, planting machines, digital monitoring.
Copyright (c) 2024 Ernawaty Mappigau (Author) https://creativecommons.org/licenses/by-nc/4.0
Building Financial Resilience: Strategies for Thriving in the Face of Economic Crisis
Financial resilience of individuals and communities is becoming increasingly important in facing global economic challenges. In this context, fiscal and monetary policies play a crucial role in building financial resilience. This study aims to conduct a systematic literature review on the role of fiscal and monetary policy in supporting financial resilience. Through analysis of various relevant articles, this research highlights the basic concepts of financial resilience, the role of fiscal and monetary policies, factors that influence policy effectiveness, as well as challenges and opportunities in implementing these policies. The results show that fiscal and monetary policies can significantly strengthen the financial resilience of individuals and communities. The implications of this research include the importance of coordination between institutions in designing effective policies as well as expanding the literature on factors that influence the implementation of fiscal and monetary policies.
Financial resilience, fiscal policy, monetary policy, systematic literature review, influencing factors, policy coordination.
Copyright (c) 2024 Antoni Antoni, Karlin Karlin (Author) https://creativecommons.org/licenses/by-nc/4.0
The Role of Tourism in the Sustainable Development Goals
Tourism plays a crucial role in sustainable development, particularly in developing countries. This study aims to explore the relationship between the implementation of sustainable tourism practices and the contribution of the tourism sector to achieving Sustainable Development Goals (SDGs) in developing countries. The research utilizes a systematic literature review approach to analyze existing literature on the topic. Indicators for sustainable tourism practices and the contribution of the tourism sector to SDGs are identified. The study hypothesizes that greater implementation of sustainable tourism practices leads to a higher contribution of the tourism sector to achieving SDGs. Findings suggest that sustainable tourism practices, including environmental sustainability, community participation, and policy alignment with SDGs, are positively associated with the tourism sector's contribution to sustainable development. This study contributes to the understanding of how sustainable tourism practices can enhance the tourism sector's role in achieving SDGs in developing countries.
Sustainable tourism, Sustainable Development Goals (SDGs), Developing countries, Tourism sector.
Copyright (c) 2024 Luluk Fadliyanti, Iwan Harsono, Himawan Sutanto, Tuti Handayani, Lalu Dema Arkandia, Jalaludin Jalaludin (Author) https://creativecommons.org/licenses/by-nc/4.0
This research investigates the relationship between income inequality, income distribution, poverty rates, and economic growth. The analysis results indicate that the independent variables, including the Gini Coefficient, Percentage of Income Received by Specific Groups, and Relative Poverty Rate, significantly influence economic growth. High levels of income inequality, uneven income distribution among societal groups, and high poverty rates all contribute to the slowdown of economic growth. Therefore, policies aimed at reducing income inequality, improving equitable income distribution, and decreasing relative poverty rates can help stimulate more inclusive and sustainable economic growth.
Income inequality, Income distribution, Poverty rates, Economic growth, Gini Coefficient, Relative poverty
Copyright (c) 2024 Himawan Sutanto, Iwan Harsono, Lalu M. Furkan, Baiq Saripta Wiji Mulawiani, Helmy Fuady, Titi Yuniarti (Author) https://creativecommons.org/licenses/by-nc/4.0
Behavioral Economics and Decision Making: Understanding Irrationality and Biases in Economic Choices
This research investigates the relationship between Behavioral Economics and economic decision making, with a focus on understanding the impact of emotions, cognitive factors, motivation, and level of self-control on individual economic decisions. Through a systematic literature review approach, this study presents a hypothesis which suggests that various psychological factors significantly influence economic decision making. These findings have important implications for our understanding of consumer behavior and decision-making processes in an economic context, and offer a more holistic view in designing more effective policies and strategies in promoting healthy economic behavior.
Behavioral Economics, Economic Decision Making, Emotions, Cognitive Factors, Motivation, Self-Control
Copyright (c) 2024 Liestyowati Liestyowati (Author) https://creativecommons.org/licenses/by-nc/4.0
Sustainable Economic Development: A Systematic Literature Review on Global Perspectives and Strategies
This research analyzes global factors that influence sustainable economic development strategies. Through a systematic literature review approach, factors considered include Foreign Direct Investment (FDI), international trade, cooperation between countries, climate change, and political uncertainty. The analysis results show that FDI, international trade and cooperation between countries have an important role in supporting sustainable economic growth. However, challenges from climate change and political uncertainty can hinder the implementation of sustainable economic development strategies. The complex interaction between these factors demands a deep and responsive understanding to achieve sustainable economic development goals in an ever-changing global era.
Foreign Direct Investment (FDI), International Trade, Inter-State Cooperation, Climate Change, Political Uncertainty, Sustainable Economic Development.
Copyright (c) 2024 Arisanjaya Doloan (Author) https://creativecommons.org/licenses/by-nc/4.0
Fintech and the Future of Banking: Collaboration and Innovation for Better Financial Services
Collaboration between fintech companies and traditional banks is important for the evolution of the financial industry. Factors influencing fintech adoption by conventional banks include organizational culture, management attitudes and leadership. Understanding these factors is important for banks to remain competitive. Challenges to adoption include regulatory uncertainty, resource limitations, and data security issues, while opportunities include increased operational efficiency and greater consumer engagement. Factors influencing adoption also include technology sustainability, IT infrastructure, financial capabilities, human resources, government regulations, market changes, consumer behavior, industry competition, and strategic partnerships. Overcoming challenges such as cyber security risks and regulatory barriers, as well as capitalizing on opportunities through strategic partnerships and understanding consumer behavior, can drive successful fintech adoption for traditional banks.
Fintech, traditional banks, data security, operational efficiency, consumer engagement, technology sustainability, strategic partnerships, consumer behavior.
Copyright (c) 2024 Hendri Khuan (Author) https://creativecommons.org/licenses/by-nc/4.0
The Role of Entrepreneurship in Economic Resilience
The concept of economic resilience is multidimensional, encompassing factors like resistance, recovery, and adaptability to mitigate the impact of economic shocks. Drawing from various disciplines, theoretical frameworks highlight its interdisciplinary nature. Economic resilience plays a crucial role in responding to crises, with entrepreneurship emerging as a key component. Despite challenges such as resource constraints and regulatory barriers, proactive policies can foster resilient entrepreneurship. By promoting innovation, supporting access to capital, and enhancing entrepreneurial education, policymakers can build a resilient ecosystem that drives economic prosperity and sustainability. Collaboration among stakeholders is vital for realizing this vision.
economic resilience, entrepreneurship, challenges, opportunities, policy intervention
This research provides a comprehensive overview of sustainable economic development through a systematic literature review. It synthesizes existing literature to understand global perspectives and strategies. The study highlights the importance of conceptual frameworks in guiding sustainable development initiatives and underscores the interrelated nature of economic, social, and environmental dimensions. It emphasizes the significance of global strategies, government policies, and private sector involvement in promoting sustainability. However, challenges such as economic hurdles, social barriers, and environmental constraints hinder progress. Future research should focus on addressing these challenges and embracing comprehensive frameworks to ensure a sustainable and prosperous future.
Sustainable economic development, global strategies, challenges
The Role of Human Resource Management in Sustainable Development: A Systematic Literature Review
This research explores the role of sustainable human resource management (HRM) practices in supporting inclusive economic growth. Through literature analysis, it was found that sustainable HRM practices have a positive impact on organizational performance, employee well-being and environmental sustainability. However, challenges such as lack of awareness and resistance to change were also identified. This study recommends future research that focuses more on longitudinal research and the role of leadership in encouraging the adoption of these practices. Overall, this research highlights the importance of integrating sustainable HRM practices in achieving inclusive economic growth and environmental sustainability.
Human resource management, sustainable HRM practices, inclusive economic growth
Copyright (c) 2024 Kosasih Kosasih (Author) https://creativecommons.org/licenses/by-nc/4.0
Islamic Economics and Sustainable Development Goals (SDGs): Bridging the Gap through Ethical Financial Practices
Islamic financial practices are an important research subject in the context of achieving Sustainable Development Goals (SDGs). This research investigates the contribution of Islamic financial practices to achieving the SDGs through a systematic analysis of related literature. Various Islamic financial practices, including the use of sharia financial contracts, implementation of zakat, infaq, and alms, as well as engagement in responsible social and environmental investments, are evaluated in the context of their impact on financial inclusion, economic empowerment, environmental protection, and overcoming social inequality. . The research results show that Islamic financial practices have great potential in supporting the achievement of SDGs. Policy implications and further research directions are also discussed.
Islamic Financial Practices, Sustainable Development Goals (SDGs), Financial Inclusion, Economic Empowerment, Environmental Protection, Social Inequality
Copyright (c) 2024 hotman hotman (Author) https://creativecommons.org/licenses/by-nc/4.0