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Journal : Jurnal Indonesia Sosial Sains

The Influence of The Asean Regional Capital Market on Asean-5 Countries' Foreign Exchange Reserves Mulatsih, Srie Nuning; Masruri, Masruri; Subiyantoro, Heru; Yolanda, Yolanda
Jurnal Indonesia Sosial Sains Vol. 4 No. 08 (2023): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v4i08.866

Abstract

The capital market sector is one area of economic activity that is expected to grow significantly following the adoption of the ASEAN Economic Community (AEC). As a result, integrating capital market activity in the ASEAN area must be a top priority in AEC implementation. The essential criterion for creating a seamless flow of cash and investment is the integration of ASEAN countries' capital markets. The total worth of all outstanding shares based on their normal closing price is reflected in the stock market capitalisation. A rise in the value of market capitalization indicates that the capital market is expanding. Capital flows into and out of the capital market are thought to have altered the value of foreign exchange reserves. Foreign capital market investment contributes to a balanced balance of payments. Foreign capital not only serves to cover the deficit in domestic capital that domestic savings cannot fill, but it also helps to fill the emptiness in the foreign exchange gap through asset sales.
Impact of The Russia-Ukraine Invasion on Wheat Imports in Indonesia Implications on Economic G rowth in Indonesia Akbar, Wali; Subiyantoro, Heru
Jurnal Indonesia Sosial Sains Vol. 3 No. 12 (2022): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v3i12.872

Abstract

This study uses secondary data by time series during period 2011 – 2021. The data was collected from various related sources such as literature books, journals and information from the internet. Sources of data that will be used in this study were obtained from relevant agencies, namely the Food and Agriculture Organization of the United Nations (FAO), the Indonesian Wheat Flour Producers Association (APTINDO), Bank Indonesia (BI), the Ministry of Trade of the Republic of Indonesia and the Central Statistics Agency. (BPS). Wheat consumption variable, rupiah exchange rate and wheat price simultaneously have a significant effect on foreign exchange reserves. With the impact of some of the variables above, Indonesia's wheat imports have increased so that full employment opportunities will be achieved and unemployment will decrease. The variable of wheat consumption partially has a significant and positive effect on imports of Indonesian. The exchange rate variable partially has a positive and significant and negative effect on Indonesian wheat imports. The international wheat price variable partially has a positive and significant effect on Indonesian wheat imports. Indonesian wheat import variable partially has a significant and positive effect on economic growth. The increase in Indonesian wheat imports indicates that economic growth will increase. Consumption of wheat flour, exchange rates and wheat prices have a significant effect on the volume of imports of wheat in Indonesia.
Efforts To Increase Economic Growth By Reducing The Poverty Rate of West Sumatra Province Subiyantoro, Heru; Zaki, Zaki
Jurnal Indonesia Sosial Sains Vol. 5 No. 01 (2024): Jurnal Indonesia Sosial Sains
Publisher : CV. Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jiss.v5i1.932

Abstract

The Indonesian government realizes that national development is an effort to achieve the goal of a just and prosperous society. In line with this goal, various development activities have been directed toward regional development, in relatively underdeveloped areas. Regional development is carried out in an integrated and sustainable manner according to the priorities and needs of each region with national development goals and targets that have been determined through long-term and short-term development. In reducing the number of poor people, the main thing that must be done for growth is to choose a development strategy or instrument. This means that one of the main criteria for selecting the focus sector or mainstay sector for national development is effectiveness in reducing the number of poor people. Poverty is a problem faced by all countries in the world. Poverty is considered the inability to meet a minimum standard of living. Poverty is a complex problem, so it is hoped that the government can eradicate poverty in Indonesia. One effort to improve economic performance is by carrying out national development to be able to create jobs and organize a decent life to realize the welfare of the Indonesian population. The Indonesian government realizes that national development is one of the efforts to achieve the goals of a just and prosperous society. In line with this goal, various development activities have been directed toward regional development, in fairly underdeveloped areas. Regional development is carried out in an integrated and sustainable manner according to the priorities and needs of each region with national development goals and targets that have been determined through long-term and short-term development. The type of research used is qualitative research. This research method is non-doctrinal (normative empirical) legal research, namely research that examines field theories that are developed not based on doctrine, but laws that live and develop and apply in society. The type of research in this research is also called empirical juridical research, which in other words is a type of sociological legal research and can also be called field research, namely studying applicable legal provisions and what happens in reality in society. The results of the research are that an ever-growing population demands continuous economic development. All of this requires more investment. For developing countries, rapid population growth is an obstacle to economic development, because these countries have little capital. Other researchers state that population growth and labor force growth (which occurs several years after population growth) are traditionally considered the factors that increase economic growth