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Journal : INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE

IMPACTS OF CLIMATE CHANGE ON THE GLOBAL ECONOMY: AN IN-DEPTH ANALYSIS OF ECONOMIC LOSS PROJECTIONS AND MITIGATION STRATEGIES Gunawan Widjaja; Tono Mahmudin; Loso Judijanto; Zainal Arifin; Iyad Abdallah Al-Shreifeen
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 2 (2023): November
Publisher : Adisam Publisher

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Abstract

Climate change is a defining challenge of our time, with far-reaching consequences for the global economy. This study provides a comprehensive examination of the economic impacts of climate change, focusing on projections of economic losses and the effectiveness of mitigation strategies. Our research combines quantitative analysis, case studies, and policy evaluation to offer a holistic perspective on this critical issue. Key findings of this research include the projection of substantial economic losses, potentially amounting to 2% of the global GDP by mid-century, if decisive measures are not taken. We analyze the vulnerabilities of critical sectors, such as agriculture and energy, and underscore the regional disparities in climate impacts through case studies. Adaptation and mitigation strategies are explored, emphasizing the economic benefits of proactive measures. This study is a vital resource for policymakers, businesses, and researchers, offering actionable insights to navigate the complex interplay between climate change and the global economy. It reiterates the urgency of addressing climate change's economic impacts and presents a roadmap for building resilience and seizing economic opportunities in a changing climate.
REGULATION AND SUPERVISION OF ISLAMIC BANKING IN INDONESIA: AN IN-DEPTH EXAMINATION OF RECENT DEVELOPMENTS AND CONTEMPORARY TRENDS Shohib Muslim; Gunawan Widjaja; Farika Nikmah; Muhammad Naufal Arifiyanto; Mohammad Ahmad Bani Amer
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 3 (2023): December
Publisher : Adisam Publisher

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This paper conducts an in-depth examination of the regulation and supervision of Islamic banking in Indonesia, focusing on recent developments and contemporary trends. The regulatory framework governing Islamic banking has evolved significantly in response to the dynamic financial landscape and the growing prominence of Sharia-compliant finance. The study explores the historical development of regulations, vital legal provisions, and the role of regulatory authorities in overseeing Islamic banking activities. A comparative analysis with conventional banking regulations provides insights into the distinctive features and challenges the Islamic banking sector faces. The discussion delves into the effectiveness of existing regulations in addressing challenges, ensuring compliance, and facilitating enforcement. Furthermore, the study investigates evolving trends, including recent developments within the Indonesian Islamic banking sector and global perspectives on Islamic banking regulation. The implications for future research and practical recommendations are also discussed, contributing to the ongoing dialogue on strengthening the regulatory environment for Islamic banking in Indonesia.
ANALYSIS OF THE INFLUENCE OF CORPORATE GOVERNANCE ON INVESTMENT EFFICIENCY OF PUBLIC COMPANIES IN INDONESIA Widjaja, Gunawan
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 3 (2024): March
Publisher : Adisam Publisher

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Abstract

Good Corporate Governance is a process that regulates and controls a company in improving its business by paying attention to stakeholders to achieve company goals. The application of good corporate governance principles within a company can improve the company's financial performance and make the company free from fraud and can increase the trust of stakeholders and the public. The problem that companies often face is a lack of professionalism in running a company. Implementation of Good Corporate Governance cannot be separated from talking to companies that have valid legal entities in accordance with the provisions of the Law. The higher the investment efficiency, the more efficient the use of cash or company assets in making an investment, so it can be said that the more efficient investment is made, the higher the impact on cash flow. Corporate Governance influences the investment efficiency of public companies in Indonesia as measured by ROA and ROE. The research results which show that there is a positive influence of GCG on financial performance (ROA and ROE) can be interpreted as meaning that the better the implementation of GCG in a company can result in the company's operational activities being more effective and efficient, which in turn will increase financial performance.
Co-Authors Aat Ruchiat Nugraha Abadi, Songga Aurora Abd. Basir Abdul Samad Arief Abdul Wahab Syakhrani Abdur Rahman Achmad Fazrin Adi Rumanto Waruwu Adrian Bima Putra Advitama, Dave Affandi Affandi Agus Supriyanto Aisyah, Shyavara Alam Anbari Anastasia Prestika Andina Rahmayani Andreani Dewanto Andreas Harry Anggia Az Zahra Anindita Widyapradnya Annas Tasya N.A Annisa Purwo Hastuti Annisa Rachmawati Ari Rahmat Elsad Arif Rahman Baihaqi Arman Harahap Asep Saepullah Aslan Aslan Aslan Aslan Aswan Athalia Christine L B.M.A.S. Anaconda Bangkara Budi Suranto Bangun Cesarianti, Fransiska Milenia Chairunnissa Chairunnissa Christiawan, Rio Christina Herawati G Damun, Damun Dave Advitama Delia Bazlina Deny Wicaksono, Deny Dhanudibroto, Handojo Dheas Syahreza Muslim Diana ., Diana Dipo Pramudito Dipo Pramudito Dsk Putu Ayu L.A Dumilah Ayuningtyas Dyah Ersita Yustanti Ekasari, Silvia Elisabeth Purnama Massang Enna Budiman Enna Budiman Ersita Yustanti, Dyah Fachrurazi Farika Nikmah Farrel Abiyu Ramadhana Fitra Sri Rahayu Grace Riana Hadenan Towpek Halim , Adriansyah Handojo Dhanudibroto Hansel Kalama Hardijan Rusli, Hardijan Harry, Andreas Hatta, Ignatius Bambang Sukarno Hendra . Hendrawan Hendrawan Hendriarto, Prasetyono Hotmaria Hertawaty Sijabat Ita Nurcholifah Iyad Abdallah Al-Shreifeen Jahidin Kuswanto Jessica Francis Gunawan Jestin Justian Juliana, Juliana Karunia Ilham Karim Kevin Neil McVey Khaerunnisa Ade P. Khairul Nizam bin Zainal Badri Lidya Cristy S Loso Judijanto M Reydhi Suwanda M Ruswan Talaohu M. Hafiz Aini M. Zahari Mahmudin, Tono Mailinda, Nur Martedjo, Wagiman Martin Maurer M.Marpaung Megasari Sijabat, Fittry Mellisa Efiyanti Mellisa Efiyanti Melyana Melyana Mervyn Mervyn Michelle Angelika S Mika Anabelle Miya Maryani, Ayu Moch. Isra Hajiri Mochammad Roufal Moh. Imam Ishomuddin Zuhri Mohammad Ahmad Bani Amer Monica Monica Mowafg Masuwd Muhammad Anas Ma`arif Muhammad Fachri Muhammad Ikhwan Muhammad Nagieb Muhammad Naufal Arifiyanto Muhammad Rayyan Firdaus Muthia Rachman Nadila Citra Aprilia Naiborhu, Mesa Indra Ni Nyoman Ari Triantari Nini Putri Wijaya, Nini Putri Novan Dzaky Pangestu Novi Puji Lestari Novi Rizky Ramadhani Novi Rizky Ramadhani Nugroho, Sudrajat Mukti Nur Ulfa Maulida Nurwita, Nurwita Oggy Satya Tambunan Olivia Pauline Hartanti Poetranto, Soeryo Pradita Ajeng S.A Puji Hastuti Rafa Zahirah Husein Rahadian Bayu Anggoro Rahardja, Tony Rahmat Nasution Raissa Arlyn Manikam Renaldi Immanuel Panggabean Retnaningtyas Insyira Reza Sutrianingtyas Rahayu Rianti Nurul Oktavia Rif'ah Rif'ah Rifa’at Hanifa Muslimah Rifa’at Hanifa Muslimah Ririn Nurhidayanti Rizka Anindya Manjayani Rizky Yosa Adhi Prabowo Robby Sulivan, Robby Robert Iskandar Rumanto Waruwu, Adi Salsa Rizkya Samsuto, Samsuto Sanchita Bhattacharya Santika Santika Sarah Ramadona Sardjana Orba Manullang Savira Lovianda Gunawan Septy Kusuma Setiawan, Lisno Shella Felicia Shohib MUSLIM Sihite, Salmon Silalahi, Yohanes B O Siti Rokayah Songga Aurora Abadi Sri Sugiarti, Ekha Sudrajat, Maman Sukh Pawen Jit Kaur Sunnah, Sunnah Syavitri Ramadhani Sylvana, Yana Tahir, Usman Tamrin Tamrin Tanti Herawati Taufik Rahman Taupik Alpiyandi Theresia Vena Tiwi Siftiyani Rosidah Towpek, Hadenan Ummah, Iriaty Khairul Viony Kresna Sumantri Vivin Caronia WAGIMAN Wagiman . WAHYUDI Wibowo Laksono Widodo Wibowo, Basuki Rekso Widjaja, Liza Wijaya, Hanna Wirawan, Vani Yana Sylvana Yohanes Firmansyah Yohanes Firmansyah Yohanes Firmansyah Yohanes Firmansyah Yohanes Firmansyah Yuli Supriani Yuri Anggi Yustinus Rurie Wirawan Yusuf, Ramdan Zainal Arifin