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Analisis Daya Saing pada Industri Perbankan di Kota Medan: Digitalisasi Perbankan dengan Pendekatan SWOT Teddy Wiranata; Nikson Marpaung; Wiwied Risdianto Putri; Salihah Aula Br Sembiring; Fitri Annisa; Sanusi Gazali Pane
VISA: Journal of Vision and Ideas Vol 3 No 3 (2023): VISA: Journal of Vision and Ideas
Publisher : LPPM IAI Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/visa.v3i3.5713

Abstract

The banking industry in Medan City has experienced significant growth alongside technological advancements and digitalization. This transformation encompasses the utilization of Information and Communication Technology (ICT) to enhance operational efficiency and innovate banking services. While major banks have extensive branch networks and strong reputations, some may face challenges in swiftly adopting new technologies. Significant opportunities lie in expanding digital banking services through investments in mobile applications, cutting-edge technology, and collaborations with local fintech companies. However, competition from digital banks and cybersecurity risks pose noteworthy threats that require attention. SWOT analysis can provide crucial insights for banks in Medan to identify competitive advantages, address weaknesses, and capitalize on strategic opportunities. This research aims to understand the influence of digitalization on the competitiveness of the banking industry in Medan City, identifying strengths, weaknesses, opportunities, and threats, while offering strategic recommendations to sustain and improve positions in this rapidly evolving market. The benefits of this journal include profound comprehension of digitalization's impact, optimized competitive advantages, market adaptation, contributions to local economic growth, regulatory policy guidance, and added value to the community and local economy.
Analysis of Money Supply and Demand on Economic Growth in Five Emerging Market Countries Fitri Annisa; Dewi Mahrani Rangkuty
International Journal of Economics and Management Vol. 4 No. 02 (2026): IEM : International Journal of Economics and Management
Publisher : Cattleya Darmaya Fortuna

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54209/iem.v4i02.310

Abstract

Demand and supply are two fundamental elements in an economic system that are interrelated and determine market equilibrium. Both play an important role in regulating prices, the quantity of goods, and services circulating in society. In the context of a modern economy, changes in either demand or supply can have significant impacts on national economic stability. This study aims to analyze the effect of money demand and money supply on economic growth in the short term, medium term, and long term in five emerging market countries. This research employs a quantitative approach, focusing on five emerging market countries, namely Indonesia, Malaysia, Thailand, China, and Brazil, using secondary data obtained from the World Bank over the period 2005 to 2024. The method used in this study is Vector Autoregression (VAR). The results indicate that money demand and money supply have an influence on economic growth in emerging market countries. In the medium term, inflation and interest rates play a central role as instruments that respond to economic growth dynamics. Interest rates function as a tool to control the demand and supply of money in a country, while inflation can affect economic growth, particularly when demand exceeds supply capacity.