Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah (The Journal of Perspectives on Financing and Regional Development) is an open-access, peer-reviewed international forum for scientists involved in research to publish high quality and refereed papers. Jurnal Perspektif Pembiayaan focuses on publishing theoretical and empirical papers in all fields of economics, business, and management. The journal accepts a variety of papers using a variety of research methods, including statistical analysis, case studies, and field research, articles examining significant research questions from multiple perspectives. In its sixth year (Volume 6), the Journal of Perspectives on Financing and Regional Development has three fundamental changes. First, this journal was originally published four times a year and now has been published six times a year. Second, the journal has been nationally accredited with a SINTA (Science and Technology Index) score of S4 which is valid from 9 July 2018 – 8 July 2023 based on the Decree of the Director-General of Development and Research Enhancement, Ministry of Research, Technology & Higher Education of the Republic of Indonesia, Number 21/E/KTP/2018 concerning the Ranking of Scientific Journal Accreditation Period I Year 2018. Third, based on the results of re-accreditation, since Volume 6, Issues 2 (September – October 2018), the Journal of Perspectives on Financing and Regional Development has been nationally accredited with SINTA (Science and Technology Index) score of S2, based on the Decree of the Director-General of Development and Research Enhancement, Ministry of Research, Technology & Higher Education of the Republic of Indonesia, Number 10/E/KTP/2019 concerning the Ranking of Scientific Journal.
Articles
433 Documents
Market size and foreign direct investment in sub-Saharan Africa: the role of education
JEMILUYI Olofunmilayo Olayemi;
DADA James Temitope
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5140
This study examines the role of education in the nexus between foreign direct investment (FDI) and market size in sub-Saharan African countries from 2005 to 2015 using a panel of 30 countries. Market size is proxy by gross domestic product and population while two variables are used to measure education; primary school enrolment and secondary school enrolment. Difference Generalised Method of Moments (GMM) is used as the estimation technique. The result shows that education and market size have positive and significant effect on foreign direct investment. The interactive effect of market size (population and gross domestic product) and education (both primary and secondary school enrolment) has positive effect on foreign direct investment. The study concludes that policy maker in the region should focus more on the quality of education rather than quantity of education.
Rising public expenditure and economic growth, was Wagner right? Evidence from Nigeria
Richardson Kojo Eedme;
Chukwuemeka Valentine Okolo;
Chinazor Jane-Francis Idenyi;
Chiamaka Faith Okolomike
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5150
This study empirically tests if the Wagner’s law stands for the Nigerian economy using data for the period 1981-2015. Form the results, economic, social and community services expenditure show highly significant values suggesting that these sectors are very much needed and still adds value to the economy. The results of the Granger causality analysis indicates that there is a bi-directional causality between economic growth and government spending, which posit to a high level of accuracy that Wagner’s law holds for Nigeria. The result suggests that economic growth has an important role to play in determining government spending because as the economy grows, it expands and for this, government need to expand its spending to meet up with the demands of the expansion. There is therefore the need for curtail the rapid growth of its size above the optimum level that stimulates rise in expenditure. Any further expansion in expenditure should focus on economic, social and community services since they are growth enhancing.
The feminization of the cooperative bank’s board as a factor differentiating its financial performance
Rafał Balina;
Marta Idasz-Balina
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5154
The research was aimed at showing the relationship between the gender of the CEO and the efficiency of the Polish cooperative banks. The research covered 354 banks operating in Poland in 2013-2015. Based on the conducted research, it has been shown that, for the surveyed Polish cooperative banks, women served as CEOs in significantly smaller banks than men, as the number of clients, the number of members, the total value of assets and the value of equity in male-dominated banks was on average more than double. In banks managed by women. At the same time, the results of the research clearly showed that the gender of the person acting as the chairman of the management board in a cooperative bank had an impact on the level of its financial effectiveness.
Appraisal of the preparedness of ECOWAS towards a common currency
Louis Sevitenyi Nkwatoh
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5174
This study appraised the preparedness of Economic Community of West African States (ECOWAS) towards the adoption of a common currency by analysing the degree of symmetry and sizes of identified shocks across member countries. The analysis was situated within the framework of the Optimum Currency Area (OCA) theory and the structural vector autoregressive (SVAR) model was employed on secondary data from 1975 to 2015. The findings reveal that external supply shocks across ECOWAS countries are symmetric except for Sierra Leone, while demand, supply and monetary shocks among member countries are asymmetric. The absolute relative sizes of the different shocks across member countries are high and different in sizes. This implies that ECOWAS countries are not fully prepared to adopt a common currency and the fixed exchange rate as a stabilization policy for the entire West Africa. Hence ECOWAS governments should further shift the targeted date beyond 2020 to create ample time for member countries to get fully prepared.
Competences of municipalities in waste economy
Eva Mihaliková;
Katarína Čulková;
Marcela Taušová;
Tomáš Pavlik
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5176
Healthy living environment is basic factor of modern society, orientated to the sustainable development. Waste economy presents activity, orientated to the avoiding and limitation of waste rising and decreasing of their negative impacts to the living environment. Slovak Republic gives to the tasks of living environment intensive attention from the view of legislative and economic measurements. Every year financial means are invested to the protection of living environment and there is created database and system for monitoring of living environment situation. Contribution is orientated to the competence of municipalities in area of waste economy. The goal is to analyze volume of fees from communal waste that present part of tax incomes for municipalities and to show its development in relation to produced volume of waste. During elaboration of the contribution we resulted first of all from the content law of waste and local taxes and fee for communal waste. Results show presently increasing of environmental awareness of public, resulting in decreasing production of mixed communal waste and increasing separated waste. Such situation could contribute to the support of circular system of economy in the country
Microplastic tracking from Pacific garbage to Northern Indonesia Sea
Agung Ramos;
Noir P Purba;
Ibnu Faizal;
Yeni Mulyani;
Mega L. Syamsuddin
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5178
This study aims to examine the pattern of microplastic waste movement of Pacific Garbage Patch (PGP) that has the potential to enter the north of Indonesia sea. This study very important because microplastic affected the regional tourism activities, water pollution, and economics of fisherman and local society. The impact is very widerange to local and national economics. The method used is a simulation and descriptive analysis. The simulation method used is hydrodynamic simulation and trajectory of particles conducted for 365 days in 2016. The study areas in this study include eastern Indonesia, the Philippines, and the Pacific Ocean. The data used are wind, tidal, bathymetry, microplastic weight, and microplastic flux. The simulation results show the movement of microplastic at point source 1 tends to the northeast with a clockwise circular motion. The simulation results at source point 2 indicate that the microplastic movement tends to revolve around the source point in a clockwise circular motion. The result of simulation of source point 3 shows that the microplastic movement tends to the north with the circular motion and left-right movement. The displacement of microplastic particles within a year is only 0.11 - 8.94 km from the source point. This study showed that within a year, microplastic waste from PGP does not have the potential to enter the waters of Indonesia.
The impact of exchange rate volatility on manufacturing sector in sub-Saharan Africa (1980-2015)
Taiwo Akinlo
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5180
This study examined the impact of exchange rate volatility on manufacturing sectors in selected sub-Saharan Africa from the period 1980 to 2015. Panel data regression analysis was adopted in the study. Panel pooled OLS, panel fixed effect and Dynamic Generalised Method of Moment models were used for the estimation. The pooled OLS result shows that Gross Domestic Products and physical capital have positive impact on economic growth in sub-Saharan Africa while trade openness, interest rates and exchange rate volatility have negative impact on manufacturing sector. The results from fixed effect and Dynamic Method of moment model shows that trade openness, interest rate and exchange rate volatility have negative impact on manufacturing sector.
The Socio-demographic problems of the development of united territorial communities of the Eastern regions of Ukraine
Boichenko Elina;
Vasilchuk Nataly
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5183
Taking into account the comprehensive decentralization reform in Ukraine, which began in 2014 and the ambiguity of the situation in the East of Ukraine, there is an increased interest in the study of decentralization processes in these regions. Since the process of unification of local communities involves, above all, taking into account the interests of the population, the authors decided to consider the socio demographic problems of local communities united by the example of the Donetsk region. The article substantiates the expediency of choosing as an example of the Liman City United Territorial Community. The dynamics of distribution of population by the communities of Donetsk region is presented. The dynamics of changes in the population of the Liman city UTC before and after the merger are analyzed. Revealed changes in the age structure of the population of the community and founded the main causes and consequences of these changes. In addition, it has been found that, contrary to changes in the territorial structure of the country, the existing form of submission of statistical information remains unaltered (statistics are provided in the traditional way, namely, in cities and rayons of the region), which in turn does not allow to trace all social and economic changes and requires an immediate reformatting of statistical forms.
Towards sustainable consumption in Albania
Anita Gumeni;
Ornela Shalari;
Pranvera Mulla
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5202
In recent years, there has been an increasing awareness towards economic, environmental, and social problems of the actual development system. However, sustainable development remains one of the main challenges of actual times. Sustainable consumption plays a significant role in achieving sustainable development goals. Moving towards more sustainable patterns of consumption will reduce environmental damage, adjust social inequalities, and increase economic efficiency. Therefore, it is substantial to investigate the determinants of sustainable consumption behaviour. The aim of this paper is to identify whether the Albanian consumers adopt sustainable consumption behaviour. An empirical analysis is used to identify the main factors that influence sustainable consumption of Albanian consumers. The results have revealed that sustainable consumption in Albania is a niche segment. The main determinants of sustainable consumption behaviour in Albania are: internal factors such as personality characteristic’s, Perceived Consumer Effectiveness, knowledge, and attitudes towards sustainable consumption, and external factors.
India’s economic reforms and challenges for industrialisation
Kalim Siddiqui
Jurnal Perspektif Pembiayaan dan Pembangunan Daerah Vol. 6 No. 1 (2018): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
Publisher : Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
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DOI: 10.22437/ppd.v6i1.5209
This study focuses on the issue of economic reforms and its impact on industrialisation in India. However, to understand this, it seems also crucial to analyse pre-economic reforms. In India, due to the prevalence of high unemployment and overburdened agriculture sector, the manufacturing sector becomes very important not only just in creating employment but also to boost manufacturing exports. The article examines existing literature on industrial sector in India and try to explain the challenges, it is currently facing. The 1991 economic reforms in India, removed tariff barriers to foreign investments and trade, with a hope that it will encourage foreign investors and ease burden on current accounts. The public sector and the role of the state in the economy was reduced and bureaucratic controls were dismantled, while at the same time the increasing the role of the market and private sector within the economy was strengthened. As a result, foreign capital investment and foreign exchange reserves improved. The study concludes that more than a quarter of a century has passed since pro-market policies were enacted, but such polices did not lead to rapid creation of employment opportunities. There has been no rapid growth of manufacturing sector and there has been no corresponding decline in the share in agricultural employment. Even the much heralded IT sector’s dramatic expansion over the last two decades has provided jobs directly to less than a million people.