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All Journal Jurnal Pengabdian Kepada Masyarakat (Indonesian Journal of Community Engagement) Ekuilibrium : Jurnal Ilmiah Bidang Ilmu Ekonomi
Pratama, Rizki Febri
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Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Institutionalizing Climate Change Adaptation and Mitigation Through Education in a Small Island Context: A Case Study of South Tabukan, Sangihe Islands Heliani, Leni Sophia; Hadianti, Atrida; Nayati, Widya; Dewanto, Bondan Galih; Putri, Citra Kumala; Aqso, Muhammad Raihan; Pratama, Rizki Febri; Listyana, Deswita; Sanjaya, Darmawan Dwi
Jurnal Pengabdian kepada Masyarakat (Indonesian Journal of Community Engagement) Vol 11, No 2 (2025): June
Publisher : Direktorat Pengabdian kepada Masyarakat Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/jpkm.90903

Abstract

The Sangihe Islands Regency, one of Indonesia’s small and outermost island regions, has been increasingly affected by the impacts of climate change. Extreme weather events and high waves have contributed to a decline in both the quantity and quality of fish catches and agricultural yields, which are the primary sources of livelihood for many residents. However, the community’s understanding of climate change, including its causes, impacts, mitigation strategies, and adaptation measures, remains limited. In response, a comprehensiveand community capacity-building program was initiated, focusing on education and institutionalization related to climate change mitigation and adaptation. The initiative was structured around four action clusters: medical, agricultural, science and technology, and socio-humanities. These efforts resulted in the development of environmentally friendly systems for waste disposal, agriculture, capture fisheries, and water resource management. The initiative is expected to strengthen the foundational capacities of residents in South Tabukan, Sangihe Islands Regency, enabling them to independently and sustainably mitigate and adapt to the impacts of climate change.
Does Economic Policy Uncertainty Affect the Composite Stock Price Index? Evidence from Seven Asian Countries Pratama, Rizki Febri; Istiqomah
EKUILIBRIUM : JURNAL ILMIAH BIDANG ILMU EKONOMI Vol 21 No 1 (2026): March
Publisher : Universitas Muhammadiyah Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24269/ekuilibrium.v21i1.2026.pp199-218

Abstract

Economic Policy Uncertainty (EPU) is one of the crucial factors affecting investors' decisions to invest in global capital markets. This study aims to analyze the movement of the Composite Stock Price Index (CSPI) due to the influence of EPU, covering seven Asian countries, including Hong Kong, Japan, Pakistan, China, India, South Korea, and Singapore. The data used is monthly panel data from January 2010 to January 2025, employing the Feasible Generalized Least Squares (FGLS) method based on Cross-Section SUR (PCSE). The primary independent variable studied is EPU, with control variables including interest rates, inflation, and exchange rates. The analysis shows that EPU has a significant positive effect on the CSPI, indicating that an increase in global EPU can trigger a shift in investment to developing countries and sectors that are safe or resistant to uncertainty shocks. Meanwhile, interest rates and inflation indicate a significant negative impact on the CSPI, consistent with the theory that stock market performance is negatively affected by rising capital costs and declining purchasing power. Conversely, the exchange rate shows a significant positive impact on the CSPI, where the appreciation of the domestic currency increases investor confidence and improves export competitiveness. This study emphasizes the urgency of stabilizing the aggregate economy and managing perceptions in the face of economic policy uncertainty as a tactic to maintain investor interest in the stock market, thereby promoting sustainable economic development through long-term investments.
Co-Authors Aqso, Muhammad Raihan Dewanto, Bondan Galih Hadianti, Atrida Heliani, Leni Sophia Istiqomah Listyana, Deswita Putri, Citra Kumala Sanjaya, Darmawan Dwi Widya Nayati