Article Per Year (5 Year)
p-Index From 2020 - 2025
0.61
P-Index
This Author published in this journals
All Journal Jurnal Ketenagakerjaan Journal of Business and Political Economy: Biannual Review of The Indonesian Economy Review
Hazami, Muhammad Fikrie
Unknown Affiliation
Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

 1 
CGE Analysis of the Impact of the 2024 Minimum Wage Increase on the National Economy in Indonesia Annazah, Nur Siti; Hazami, Muhammad Fikrie; Nasution, Faizal Amir P; Tobing, Henriko
Jurnal Ketenagakerjaan Vol 19 No 1 (2024)
Publisher : Pusat Pengembangan Kebijakan Ketenagakerjaan Kementerian Ketenagakerjaan Republik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47198/jnaker.v19i1.352

Abstract

One of the minimum wage problems is caused by workers/laborers' needing to agree with the wage increase set. The minimum wage increase is still minimal compared to the high worker need. The Labor Organization president called the government to raise the provincial minimum wage (UMP) and district/city minimum wage (UMK) 2024 by 15%. This figure is obtained from the Decent Living Needs (KHL) survey results and other indicators such as inflation and economic growth. On the other hand, the minimum wage increase of 15% is considered by employers to be unrealistic, considering the condition of the national economy is hit by uncertainty. The government said that determining the minimum wage based on PP 36/2021 and considering the welfare of workers/laborers’ also looks at the Company's capabilities. This paper aims to see new macroeconomic and welfare conditions due to the increase in the minimum wage by 15%. Using the general equilibrium model of static computing (CGE), the analysis results show that an increase in the minimum wage leads to a decrease in demand for labor, especially in labor-intensive sectors. The increase in wages impacts increasing household income, thus indicating an increase in household welfare. However, inflationary pressures brought about by the minimum wage increase mask the increase in revenue, resulting in a decrease in household consumption budgets. This translates into a loss of net well-being, with a more significant impact on urban households than rural households. The output of most sectors, especially labor-intensive sectors, declined, but nominal GDP increased. The increase in nominal GDP is due to rising prices, not actual economic output.
Post Pandemic on Islamic Human Development: Study Case in Indonesia Purbasari, Lintang Titian; Hazami, Muhammad Fikrie
Journal of Business and Political Economy : Biannual Review of The Indonesian Economy Vol. 5 No. 1 (2023): Journal of Business and Political Economy
Publisher : INDEF - Institute for Development of Economics and Finance

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46851/152

Abstract

Human development cannot run properly without macro and microeconomic factors. The government's role is very important because it can regulate the flow of the economy so that, in the end, it can meet human material and non-material needs and achieve maslahah. This study aims to analyze the influence of the Gross Domestic Regional Product (GDRP), poverty rate, unemployment rate, economic function, health, and education on the Islamic Human Development Index (I-HDI) in several provinces in Indonesia. The methodology used is quantitative, with secondary data from the Central Statistics Agency (BPS) and the Ministry of Finance for 2010–2021. Data analysis method using Panel Data Regression with Random Effect Model (REM). The results of this study indicate that simultaneously the variables Gross Domestic Regional Product (GDRP), poverty rate, unemployment rate, economic, health, and education functions have a significant effect on the Islamic Human Development Index (I-HDI) in all research areas. At the same time, each variable has an influence on I-HDI except for the poverty rate and economic function. Based on these results, we provide alternative proxies to develop I-HDI and urge national and international databases and independent international Muslim organizations to start publishing proposed I-HDI for all Muslim-majority countries every year. As such, it will provide an opportunity to monitor human development across countries over time, and the I-HDI model can be improved over time.  Keywords: Maqashid Syariah, Pandemic, Islamic Human Development Index, Human Development JEL: I31, O15, P46
Desmigratif Program: Implementation Evaluation and Policy Recommendations for Sustainability Enhancement Nuzula, Firdausi; Roza, Hendry; Hazami, Muhammad Fikrie
Jurnal Ketenagakerjaan Vol 19 No 3 (2024)
Publisher : Pusat Pengembangan Kebijakan Ketenagakerjaan Kementerian Ketenagakerjaan Republik Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47198/jnaker.v19i3.433

Abstract

The Desmigratif Program is an initiative of the Indonesian government to provide protection and empowerment for Indonesian Migrant Workers (PMI). Based on the evaluation results, the Desmigratif Program has had a positive impact on the welfare of PMI and their families. Several aspects that are the focus of the evaluation include the effectiveness of migration services, the sustainability of productive businesses, involvement in community parenting, and the role of cooperatives and BUMDes in supporting the local economy. The evaluation shows that coordination between actors at the local and central levels is key to the success of the program. However, the evaluation also noted several challenges faced, such as limited human resources and lack of supporting technological infrastructure. The success of the Desmigratif Program is highly dependent on the synergy between local governments, communities, and the private sector. Strong regulatory support, adequate budget allocation, and increased community capacity and participation are key to the sustainability of the program. Routine evaluation and ongoing technical guidance are also important to ensure that the program can continue to grow and provide benefits to retired PMI and their families.
Co-Authors Annazah, Nur Siti Firdausi Nuzula Nasution, Faizal Amir P Purbasari, Lintang Titian Roza, Hendry Tobing, Henriko