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Analysis of the Role of Export-Import in Indonesia: The Positive Impact of Export-Import Activities on Indonesia's Economic Growth Dhea Kristina Manik; Grace Renita P. Sibuea; Desy Sabriana Br Sinuhaji; Berkat Kristina H. Lumbanraja; Sri Nova Tresia Sihotang; Feronica Simanjorang
Experimental Student Experiences Vol. 3 No. 3 (2024): July
Publisher : LPPM Institut Studi Islam Sunan Doe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58330/ese.v1i7.268

Abstract

This study aims to determine the role of import and export on Indonesia's economic growth. A country's economy cannot be separated from global economic conditions. The economy of each country is strongly influenced by its economic relations with other countries. Thus, competitiveness is an important component in the Indonesian economy. This research uses a literature review or literature review. Exports in the short term show that the export variable has no significant effect on economic growth in the short term. While in the long term, the export variable has a significant effect on economic growth in Indonesia. Furthermore, the import variable does not have a significant effect on economic growth in the short term, but will be very influential in the long term. This research is expected to provide insight and knowledge on the export and import nature of economic growth in Indonesia.
Literature Review: Political, Economic and Legal Systems in Economic Development Bima Bryan; Tedy Syahputra Barus; Rizki Edom N. Manalu; Feronica Simanjorang
Experimental Student Experiences Vol. 3 No. 3 (2024): July
Publisher : LPPM Institut Studi Islam Sunan Doe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58330/ese.v1i7.274

Abstract

This study discusses the political, economic, and legal systems in Economic Development with a literature review approach. This study uses a literature review method with a descriptive approach to analyze the influence of political, economic and legal systems on economic development and their implications. The differences between collectivism and individualism, democracy and totalitarianism in political systems are the focus of discussion. Economic systems include market, command, and mixed economies. Legal systems differ and geographic and educational factors influence economic development. The broader concept of development includes social and human factors, innovation and entrepreneurship as engines of economic growth. Changes in the political economy system and geographic and educational factors have implications for economic development. This study provides insight into aspects related to the political, economic, and legal systems and their implications for economic development.
Analysis of the Role of the Capital Market in Indonesia's Economic Development: Challenges and Prospects in the Future Daniel Parulian Lumbantoruan; Marthin Sun Friedriks Sitompul; Naek Gideon Simamora; Eko samuel Rivaldo Sinaga; M. Putera Wal-Asri; Feronica Simanjorang
Experimental Student Experiences Vol. 3 No. 3 (2024): July
Publisher : LPPM Institut Studi Islam Sunan Doe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58330/ese.v1i7.275

Abstract

This study aims to analyze the role of the capital market in economic development in Indonesia and the challenges and prospects for the future. The research method used is literature review with data sources from various book articles and related sources. The challenges and prospects for the capital market in the future show great potential for Indonesia's economic growth, but there are also a number of challenges that need to be overcome. These challenges include increasing knowledge and understanding of investment in the capital market for the public, reforming regulations and law enforcement in accordance with developments in the capital market, as well as increasing liquidity and developing market instruments. However, with the implementation of the right policies, empowering the middle class as potential investors, increasing capital market education, and incentives for companies that go public, the capital market has bright prospects as an attractive investment vehicle and encourages Indonesia's economic growth in the future.
Optimizing Success in Competing in the International Market in the Context of the Globalization Era Arif Maulana Oscar; Elsa Safitri Siadari; Hamido Julius; Vania Apriani Pakpahan; Suma Budi Rambe; Feronica Simanjorang
Experimental Student Experiences Vol. 3 No. 3 (2024): July
Publisher : LPPM Institut Studi Islam Sunan Doe

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58330/ese.v1i7.278

Abstract

The purpose of this research is to find out how to optimize success in the international market in the context of the globalization era. This research is a literature review research in which the data is taken from various reliable sources, both articles, books or other research sources. The results of this study are international organizations playing an important role in facing challenges and taking advantage of the opportunities posed by globalization. For example, the World Trade Organization (WTO) plays a role in formulating international trade rules and facilitating negotiations between its member countries to reduce trade barriers. In addition, regional organizations such as the European Union (EU) and ASEAN also contribute to promoting free trade among their member countries through agreements such as the common market and customs union. Through cooperation and negotiations at the international and regional levels, these organizations seek to create an environment that supports international trade and optimizes the benefits derived from globalization. Although challenges and differences of opinion still exist, international organizations remain a vital platform for optimizing success in international markets in the context of the current era of globalization.