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The Effect of Economic Growth, Open Unemployment Rate and Human Development Index on Poverty in North Sumatra Hwan Daniel; Nico Purba; Novia Simamora
Indonesian Journal of Advanced Research Vol. 2 No. 5 (2023): May, 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijar.v2i5.4145

Abstract

This study aims to analyze the effect of economic growth, open unemployment rate and human development index on poverty in North Sumatra in 2015-2022. The data used in this study were sourced from the Central Statistics Agency for North Sumatra Province and were cross section or time series data. The model used in this study was a multiple linear regression model by testing autocorrelation, multicollinearity, normality, heteroscedasticity, F test, T test and test the coefficient of determination (R2). The estimation results show that the Economic Growth Rate Variable (LPE) has a positive and insignificant effect on Poverty, which means that if Economic Growth (LPE) increases it will increase Poverty in North Sumatra Province. The Human Development Index (IPM) variable has a negative and significant effect on poverty, which means that if the Human Development Index (IPM) increases, poverty will decrease in North Sumatra Province. The Variable Open Unemployment Rate (TPT) has a positive and insignificant effect on Poverty, which means that if the Open Unemployment Rate (TPT) increases it will increase Poverty in North Sumatra Province.
Aspects of Justice in Business Contracts Force Majeure Study on Franchise Agreements in the Covid-19 Period Bonaraja Purba; Dyamawani Purba; Enwanda Sinaga; Hwan Daniel
Indonesian Journal of Advanced Research Vol. 2 No. 7 (2023): July 2023
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ijar.v2i7.4613

Abstract

The agreement, in essence, is an agreement, characterized by meeting the will (meeting of mind, mutual assent) of the parties to achieve an agreed goal in order to provide the maximum possible benefit for the parties. As a conclusion, justice has not been achieved for the parties, especially the franchisee, due to the very strong bargaining position of the franchisor, which is not balanced when comcpared to the weak bargaining position of the franchisee. This has an impact on the contents of the contract which is fully made by the franchisor, which of course tends to provide the greatest benefit to the franchisor. Force majeure or force majeure can be in the form of earthquakes, fires, floods, landslides, wars, military coups, embargoes, epidemics, and so on. During the corona pandemic, which is currently hitting all parts of the world, of course it has an impact on the implementation of a business contract. This paper examines force majeure in an agreement that occurred during the corona virus pandemic which cannot automatically be used as a reason for canceling a business contract, but can be used as a way to negotiate in canceling or changing the contents of the contract.