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Journal : Economic Development Analysis Journal

Impact of Trump’s Phenomenon, Brexit, & Oil Prices Fluctuation Toward Indonesia’s Economic Growth Abdul Holik
Economics Development Analysis Journal Vol 7 No 4 (2018): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v7i4.23747

Abstract

This paper tries to find impact of global uncertainties toward Indonesia’s economic growth. Several problems which will be discussed in this paper namely: impacts of President Donald Trump’s policies, Brexit, and uncertainty regarding crude oil prices. It conducted from 1st quarter of 2010 until 1st quarter of 2017. The method of analysis used here is VECM (Vector Error Correction Model). We use dummy variable to capture the specific change of economic policies when Brexit and Trump’s emergence appear as the major issues which attract attention around the world. We consider these as the uncertainties which influence global society. Based on the result, there is positive impact of economic policy uncertainty in UK in the long-run. When Brexit was taken into account, in the short-run, it also has positive impact toward Indonesia’s economic growth. Meanwhile economic policy uncertainty in the US generates negative impact on Indonesia’s economic growth. But Trump’s emergence in the US presidency produces positive impact in the short-run. Oil price fluctuation as the latest shock in the global context has positive significant impact on Indonesia’s economic growth. We consider these results as ways to find breakthrough in understanding of changing policies from developed countries; that not all of them will contribute to negative matters. The conjecture, hunch, and any speculation must be postponed due to lack of convincing proofs.
Financial Awareness Among the Teachers Abdul Holik; Sri Mulyeni
Economics Development Analysis Journal Vol 8 No 3 (2019): Economics Development Analysis Journal
Publisher : Economics Development Department, Universitas Negeri Semarang, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/edaj.v8i3.30330

Abstract

People are vulnerable into economic difficulties if they do not have financial awareness. This study seeks to find out what the determinants of financial intelligence in junior and vocational school teachers in an area of West Java are. Our findings explain, in general, that teachers have relatively high financial awareness. Empirical tests suggest the financial awareness is influenced by an only one independent variable, namely a person's attitude. While the other independent variables such as family and individual perceptions are not significant at all. This finding proves the need for character education for everyone to have financial awareness. The reason is, the more mature a person, then the most determines everything in the life is his/ or her attitude, not anything coming from the family or something perceived so far.