Ahmad Solihin
Universitas Primagraha, Indonesia

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THE ROLE OF FOREIGN INVESTMENT IN IMPROVING THE LOCAL ECONOMY: CASE STUDIES IN SOUTHEAST ASIA Yunior Pasagi; Ahmad Solihin; Anita Kusuma Dewi
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 9 (2025): INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE)
Publisher : Adisam Publisher

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Foreign direct investment (FDI) has been recognized as an important catalyst in advancing the economies of developing countries, especially in the Southeast Asia region. This research aims to analyze the impact that foreign investment has on the local economy in Southeast Asia, with a focus on economic growth, job creation, technology transfer, and development of key sectors. The research results show that foreign investment has a significant role in accelerating the economic development process, through various channels such as increasing employment opportunities, improving the quality of human resources, as well as technological innovation and infrastructure development. Foreign investment also plays a role in the economic integration of Southeast Asian countries into the global economy, enabling access to wider export markets and supporting the country in facing international competition. However, this research also identifies several challenges, including regional disparities in attracting FDI, the risk of a race to the bottom due to competition in providing incentives to investors, and the need for improvements in aspects of governance and transparency to ensure that foreign investment has an inclusive and sustainable positive impact for the local economy.
THE INFLUENCE OF FINANCIAL MANAGEMENT ON BUSINESS GROWTH IN MEDIUM-SCALE TITLE COMPANIES Muhammad Teguh Setiadi; Fahmi Amirulloh Anwar; Ahmad Solihin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 7 (2026): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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This study aims to analyze the influence of financial management on business growth in medium-sized companies thru a literature review approach. Financial management is seen as a key factor in maintaining the stability, efficiency, and operational sustainability of a company, particularly in the face of challenges related to capital limitations and market dynamics. The research method used is a Systematic Literature Review (SLR) with a descriptive-analytic approach to various previous research results published between 2015 and 2025. Data was collected from various scientific sources such as Scopus, ScienceDirect, Emerald, Google Scholar, and DOAJ, focusing on the themes of "financial management," "business growth," and "medium enterprises." The study results indicate that effective financial management practices, including cash management, investment decisions, and optimal capital structure, have a positive relationship with increased productivity and competitiveness of medium-sized companies. Additionally, the implementation of financial digitalization thru technologies like fintech and cloud accounting also strengthens the effectiveness of financial management. Thus, it can be concluded that strategic financial management that is adaptable to technological developments is an important factor in driving sustainable business growth in medium-sized companies.