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Erni Achmad
Fakultas Ekonomi dan Bisnis, Universitas Jambi, Jambi

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Determinants of Government Spending, Its Impact on Public Welfare, and The Role Of Economic Growth: A Literature Review Moh Sahroni Nurkodri; Syamsurijal Tan; Junaidi Junaidi; Erni Achmad
Nomico Vol. 1 No. 7 (2024): Nomico-August
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/v8kxkn86

Abstract

This study delves into the multifaceted factors that influence government expenditure and its subsequent effects on public welfare, with a particular focus on its impact on economic growth. Government spending plays a pivotal role in shaping economic development, enhancing public welfare, and alleviating poverty. By conducting a systematic literature review, this research methodically evaluates a range of pertinent sources to gain a comprehensive understanding of these dynamics. The findings indicate that strategic government expenditure, particularly in areas such as infrastructure, education, and technology, is instrumental in driving economic growth and improving public welfare outcomes. Investment in infrastructure not only facilitates more efficient business operations but also creates jobs and improves living standards. Similarly, funding education ensures a more skilled workforce, which can foster innovation and productivity. Investments in technology can lead to advancements that spur economic development and enhance quality of life. However, the study also emphasizes that the effectiveness and optimal allocation of government spending are critical factors in realizing these benefits. Effective expenditure strategies, therefore, must be well-planned and targeted. The insights derived from this study provide valuable guidance for policymakers in crafting expenditure strategies that aim to achieve sustainable development and long-term economic stability.
E-Commerce's Impact On Economic Growth Lidya Anggraeni; Syamsurijal Tan; Junaidi Junaidi; Erni Achmad
Nomico Vol. 1 No. 7 (2024): Nomico-August
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/hqfac055

Abstract

This study aims to analyze the impact of e-commerce on economic growth in Indonesia using a Systematic Literature Review (SLR) approach. E-commerce has become a significant global phenomenon, and Indonesia is projected to have the highest e-commerce growth rate in the world in 2024. With an e-commerce trade value reaching 78%, Indonesia shows great potential in this sector. The study finds that e-commerce contributes significantly to increased productivity and efficiency, broader market access, and technology and innovation adoption by SMEs. However, challenges such as technology access, digital literacy, and infrastructure remain obstacles. The study emphasizes the need for policies that support the enhancement of digital infrastructure and training for SMEs to optimize e-commerce potential. Relevant policy implications can help the government and stakeholders maximize the benefits of e-commerce for national economic growth. By using the SLR approach, this study provides a comprehensive and integrative analysis of the impact of e-commerce on economic growth in Indonesia and presents strong empirical evidence of the causal relationship between the two. The study also offers recommendations for future research, including the use of primary data, regional analysis, international comparative studies, and attention to social and environmental impacts. Additionally, further research into policy and regulatory effectiveness, the role of technology and innovation, longitudinal studies, and collaboration with the private sector is also recommended. Thus, this study makes an important contribution to understanding and leveraging e-commerce potential for sustainable economic growth in Indonesia.