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All Journal Journal Research of Social Science, Economics, and Management Jurnal Ekonomi dan Studi Pembangunan (JESP)
Mohamad Dian Revindo
Universitas Indonesia
Economics, Econometrics & Finance Environmental Science

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The Impact of Free Trade Zones (FTZ) on Economic Growth: A Case Study of Oecusse-Ambeno Special Administrative Region (SAR) in Timor Leste An ShaoHong; Mohamad Dian Revindo; Nisma Anggara Samalo; William Ong
Journal Research of Social Science, Economics, and Management Vol. 4 No. 4 (2024): Journal Research of Social Science, Economics, and Management
Publisher : Publikasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59141/jrssem.v4i4.742

Abstract

This study aims to analyse the effect of free trade zone (FTZ) on economic growth, with  a case study of Timor Leste’s Special Administrative Region of Oecusse-Ambeno (RAEOA). The study employs  a descriptive analysis  method  using secondary data and  literature study. The results show that FTZs can have a positive impact on a country’s economic growth but the impact depends on various factors such as government policies, infrastructure, and political stability. In the case of Timor Leste, the RAEOA, formed in 2002 has been attracting investment and contributing to the development of key industries such as agriculture, tourism, and fisheries, as well as natural resources such as oil and gas, However, the region still faces various economic challenges such as poverty, unemployment, and lack of infrastructure. Therefore, the study suggests that Timor Leste government carefully design the spillover mechanism of FTZ to ensure that the economic growth goal is followed by the social and economic impact in a way that results in more sustainable and equitable development.
Regional Cooperation and Economic Integration: Recent Evidence from ASEAN Rama Vandika Daniswara; Ivana Ivana; Deshinta Rahma Dhani; Shafira Aulia Utami; Mohamad Dian Revindo
Jurnal Ekonomi dan Studi Pembangunan Vol 14, No 1 (2022)
Publisher : Universitas Negeri Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.17977/um002v14i12022p038

Abstract

The Asian financial crisis in 1997/98 and the global financial crisis in 2007/8 suggest that more research on economic integration is needed. This study aims to examine the depth and path of integration in the real and financial sectors among ASEAN member states during 1999-2019. The Augmented Dickey-Fuller–Generalised Least Squared (ADF-GLS) test results show stronger evidence of ASEAN real sector integration than its financial sector. Further, time lag analysis shows that the adjustments of interest rates in ASEAN countries are slower than those of price levels in the real economy. Academic and policy implications of the findings are provided, mainly on the need for stronger cooperation in ASEAN’s financial sector.
Co-Authors An ShaoHong Deshinta Rahma Dhani Ivana Ivana Nisma Anggara Samalo Rama Vandika Daniswara Shafira Aulia Utami William Ong