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Analysis of Economic Growth Rates in East Java During the Covid-19 Period Drajat, Estu Unggul
Journal of Economics and Social Sciences (JESS) Vol. 2 No. 1 (2023): Journal of Economics and Social Sciences (JESS)
Publisher : CV. Civiliza Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59525/jess.v2i1.190

Abstract

Introduction/Main Objectives: This study aims to determine economic growth during the Covid-19 period in East Java for 2019-2021. Research Methods: This study used a qualitative method using a library research approach. Finding/Results: Based on the study's results, economic growth during the Covid-19 period in East Java for the 2019-2021 period experienced a drastic decline. In quarter IV-2020 against quarter IV-2019 (y-on-y), East Java's economy contracted by 2.64 percent. In the first quarter of 2020, growth began to slow down to 2.97 percent. Furthermore, in the second quarter of 2020, it contracted to 5.98 percent compared to the second quarter of 2019. And in the second quarter of 2021, economic conditions began to improve even though they were still contracting, namely by 7.05 percent. Conclusion: The government must be able to provide policies that can increase economic growth because economic growth is a reference for the level of social welfare in real terms.
The Effect of Government Quality on Foreign Investment: Empirical Study on ASEAN Developing Countries Drajat, Estu Unggul
Etihad: Journal of Islamic Banking and Finance Vol. 4 No. 2 (2024)
Publisher : UIN Kiai Ageng Muhammad Besari Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/etihad.v4i2.10055

Abstract

Introduction: Many ASEAN nations face governance challenges and high corruption, especially Cambodia, Myanmar, and Laos, categorizing most as developing countries. Foreign capital inflows are essential for economic growth, requiring governments to create favorable investment climates. While good governance can attract foreign direct investment (FDI), this relationship is inconsistent. This study aims to determine how government quality affects foreign investment (Foreign Direct Investment). Research Methods: In this study, secondary data is used using quantitative methods. Developing countries in ASEAN are used as samples in this study. Results: This study provides results that political stability and legal regulations have a significant positive impact on Foreign Direct Investment, while corruption control, government effectiveness, and voting rights and accountability hurt FDI. Conclusion: The study has three fundamental implications: it enhances understanding of government quality's impact on foreign investment in developing ASEAN countries, serves as a reference for further research, and offers insights for policymakers to improve regulations and investment climates.
Pengaruh Kualitas Pemerintahan Terhadap Penanaman Modal Asing (Studi Empiris Pada Negara ASEAN Tahun 2009-2013) Drajat, Estu Unggul; Manzilati, Asfi
Jurnal Ilmiah Mahasiswa FEB Vol. 4 No. 1
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study is aimed to examine the influence of government quality towards Foreign Direct Investment (FDI). This study uses a quantitative method using secondary data. The sample was ASEAN countries in 2009-2013. The result of this study shows that voice and accountability and rule of law has significant positive influence towards FDI. While political stability and absence of violence/terrorism, government effectiveness, regulatory quality, and control of corruption has not influence towards FDI.Keywords: quality of governance, World Governance Indicators (WGI), Foreign Direct Investment (FDI)