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The Impact of Globalization on Economic Growth in ASEAN Suci, Stannia Cahaya; Asmara, Alla; Mulatsih, Sri
BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi Vol. 22, No. 2
Publisher : UI Scholars Hub

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Abstract

The establishment of ASEAN (Association of Southeast Asian Nations) as one of the most highly-integrated regional organizations is the reflection of the process of globalization. This high integration is characterized by international cooperation in economic, social and political policies. One of the positive impacts of globalization itself is the increasing economic growth. However, this economic growth is disproportionately distributed among countries. In Southeast Asia, this is shown by the fact that the rising globalization in ASEAN is not always followed by the increase in economic growth. By using the KOF Index of Globalization that covers three main dimensions: economic integration, social integration, and political integration, this research paper looked into the impact of globalization on economic growth. Based on the panel data of six developing countries in ASEAN from 2006 to 2012, this research paper found that the overall index of globalization had positively and significantly impacted the economic growth in the region. Economic and political globalization also positively impacted the economic growth. However, the social globalization did not affect the growth. Inflation, infrastructure, quality of education, technological preparedness and government spending also had positive impact on economic growth.
PENGARUH KEMANDIRIAN KEUANGAN DAERAH TERHADAP TINGKAT KEMISKINAN DI PROVINSI BANTEN Asmara, Alla; Suci, Stannia Cahaya
Jurnal Manajemen Pembangunan Daerah Vol. 6 No. 1 (2014)
Publisher : Program Studi Manajemen Pembangunan Daerah. Fakultas Ekonomi dan Manajemen. IPB University

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (240.832 KB) | DOI: 10.29244/jurnal_mpd.v6i1.24645

Abstract

Fiscal decentralization aims to improve regional finance independency and reduce the fiscal dependency of central goverment. However, in practice, there are many areas that still rely on the assistance central finance for their regional development.This research aims to discuss the development of regional finance independency and analyze the influence of regional finance independency on poverty in Banten Province. This research uses descriptive method and panel data on 6 (six) regencies and cities in Banten Province at 2001-2011. The poverty model showed negative effect of regional finance independency on percentage of the poor and positive effect of balance fund’s ratio on percentage of the poor. Income inequality index and unemployment rate have positive effect on the percentage of the poor. Evalution for the allocation of the fund balance and development policy are needed to reduce inequality of income distribution.Keywords: local revenue, economic growth, povertyABSTRAK Desentralisasi fiskal bertujuan untuk meningkatkan kemandirian keuangan daerah dan mengurangi ketergantungan fiskal terhadap pemerintah pusat, namun pada pelaksanaannya masih banyak daerah yang bergantung pada bantuan dana pusat untuk pembangunan daerah. Penelitian membahas perkembangan kemandirian keuangan daerah dan pengaruhnya terhadap kemiskinan di Provinsi Banten. Penelitian ini menggunakan metode deskriptif dan data panel pada 6 (enam) kabupaten dan kota di Provinsi Banten tahun 2001-2011. Hasil penelitian menunjukkan kemandirian keuangan daerah berpengaruh positif terhadap peningkatan persentase penduduk miskin, sedangkan rasio Dana Perimbangan berpengaruh negatif terhadap persentase penduduk miskin, indeks ketimpangan pendapatan dan tingkat pengangguran terbuka berpengaruh positif terhadap persentase penduduk miskin.Implikasi kebijakan yang dirumuskan adalah perlunya dilakukan evaluasi kebijakan alokasi penggunaan Dana Perimbangan dan kebijakan pembangunan untuk mengurangi ketimpangan distribusi pendapatan.Kata Kunci: Pendapatan Asli Daerah, pertumbuhan ekonomi, kemiskinan
PENYULUHAN PENCEGAHAN STUNTING MENUJU KELUARGA BERKUALITAS Suci, Stannia Cahaya; Zahara, Vadilla Mutia
Jurnal Akselerasi Merdeka Belajar dalam Pengabdian Orientasi Masyarakat (AMPOEN): Jurnal Pengabdian kepada Masyarakat Vol 2 No 1 (2024): APRIL-JULI
Publisher : UNIVERSITAS SERAMBI MEKKAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32672/ampoen.v2i1.1533

Abstract

Stunting is a serious problem and also a major nutritional problem being faced in Indonesia. In 2023, the number of families at risk of stunting in Lebak Regency in 2023 will reach 13,780 people out of 58,801 people, so that 23.4% of the population are families at risk of stunting. The purpose of this service activity is to provide and increase understanding and knowledge about stunting prevention in pregnant women and children. The method used is the delivery of material and questions and answers. The impact of this service activity is to increase community knowledge based on pre-test and post-test results which show an increase in good category knowledge in the community by 80%.
Innovation and Efficiency of Brick MSME Products to Realize the One Village One Product Zahara, Vadilla Mutia; Suci, Stannia Cahaya
MOVE: Journal of Community Service and Engagement Vol. 3 No. 6 (2024): July 2024
Publisher : EQUATOR SINAR AKADEMIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54408/move.v3i6.403

Abstract

Small and Medium Enterprises (MSMEs) in Indonesia, especially in Sigedong Village, have a significant role in economic development and job creation. To improve innovation and efficiency of MSMEs, the One Village One Product (OVOP) program is implemented, with a focus on brick production. The innovations implemented involve the use of wood powder as an alternative raw material, which is expected to improve product quality, efficiency, and sustainability. The implementation method includes counseling, mentoring, and collaboration with wood producers. The results of these innovations show that the bricks produced are of better quality, higher efficiency, and more environmentally friendly, as well as supporting sustainable production practices. Follow-up recommendations include the adoption of innovative methods, collaboration with academia and government, and periodic monitoring to ensure the success of innovation.
The Effect of Financial Development on Foreign Direct Investment in ASEAN+4 Suci, Stannia Cahaya; Chendrawan, Tony Santika; Zahara, Vadilla Mutia
Jurnal Riset Ilmu Ekonomi Vol. 4 No. 3 (2024): Jurnal Riset Ilmu Ekonomi (JRIE) Edisi Desember 2024
Publisher : Universitas Pasundan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23969/jrie.v4i3.150

Abstract

Foreign direct investment (FDI) is an important input to the achievement of a country's goals such as economic growth and poverty. The study looks at the impact of financial development (FD) on foreign direct investment (FDI) in nine ASEAN member states along with China, India, Japan and South Korea in 2018-2022. The estimate method used is the GMM method (generalized method of moment). The study found that financial development positively and significantly influenced the flow of foreign direct investment. Trade openness, human development and price levels were also found to influence FDI while economic growth was found to have no significant impact. The findings in this study imply that a good financial system is essential to attract even higher FDI.
Response of Indonesia’s Fisheries GDP to Interest Rates, Inflation, Exchange Rates, and Fisheries Sector Performance: A Blue Economy Perspective Ayu Dwi Pitaloka, Dyah; Herlina, Deswita; Suci, Stannia Cahaya; Harahap, Muhammad Nasim
Jurnal Ilmu Manajemen dan Ekonomika Vol. 17 No. 2 (2025): Jurnal Ilmu Manajemen dan Ekonomika, Vol. 17, No.2, Juni 2025
Publisher : Indonesia Banking School

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35384/jime.v17i2.793

Abstract

This study analyzes how Indonesia’s fisheries GDP (FISHGDP) responds to real interest rate, inflation, exchange rate, fisheries production, and exports within the Blue Economy framework. Using VECM and data from 1985–2024, it examines short- and long-term relationships through IRF and Variance Decomposition. Results show fisheries’ GDP responds positively to inflation, production, and exports, but negatively to exchange rates, with mixed responses to interest rates. In the long term, FISHGDP variation is mainly explained by its own past values (80.14%), followed by fisheries production (7.71%), interest rate (6.50%), exchange rate (4.94%), inflation (1.09%), and exports (0.77%). This highlights the key role of macroeconomic stability and fisheries productivity for Indonesia’s Blue Economy growth.
The impact of renewable energy, green economy, and blue economy on economic growth Suci, Stannia Cahaya; Siahaan, Olindayanti; Herlina, Deswita
Journal of Business and Information Systems (e-ISSN: 2685-2543) Vol 7 No 1 (2025): Journal of Business and Information Systems
Publisher : Department of Accounting, Faculty of Business, Universitas PGRI Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31316/jbis.v7i1.284

Abstract

Over the last 20 years, the general trend of economic growth in the European Union shows a slow growth rate, especially in continental economies. Various factors affect the sluggish economic growth in the European Union. This study aims to partially and simultaneously determine the effect of Euribor interest rates, exchange rates, renewable energy consumption, green bond issuance, and production on economic growth in 14 European Union countries for 2014-2022. Estimation is done using the generalized method of moments (GMM) analysis. The estimation results show that the Euribor interest rate and aquaculture production significantly positively affect economic growth. In contrast, the lag-dependent variable of economic growth and renewable energy consumption significantly negatively impacts economic growth. Meanwhile, exchange rates and green bond issuance are not significant to economic growth in 14 EU countries. Therefore, policies that support the stability of interest and exchange rates, increase the effectiveness of green investment, and optimize fiscal incentives and funding for strategic sectors, including renewable energy and aquaculture, are needed to accelerate economic growth in the European Union.