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Sinergi International Journal of Economics
ISSN : -     EISSN : 29885604     DOI : https://doi.org/10.61194/economics
Core Subject : Economy,
Sinergi International Journal of Economics with ISSN Number 2988-5604 (Online) published by Yayasan Sinergi Kawula Muda, published original scholarly papers across the whole spectrum of economics. The journal attempts to assist in the understanding of the present and potential ability of economics to aid in the recording and interpretation of international economics.
Articles 5 Documents
Search results for , issue "Vol. 3 No. 3 (2025): August 2025" : 5 Documents clear
Determinants of Output Growth Volatility in Nigeria Okeowo, Adeniyi; Japinye, Oluwaseun Abayomi
Sinergi International Journal of Economics Vol. 3 No. 3 (2025): August 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/economics.v3i3.779

Abstract

The paper analysed the impact of agricultural output, investment, population growth and industry growth on output growth volatility. Many researchers have considered the determinants of output growth volatility but the impact of the above-mentioned variables on output growth volatility is scanty in literature. The data were tested for unit roots using Augmented Dickey-Fuller (ADF). Autoregressive Distributed Model (ARDL) was used in the methodology. The short-run dynamic model shows that the above-mentioned variables must undergo substantial structural changes to exert a significant and stabilising effect on output growth volatility in Nigeria. With F statistics of 15.9 and the upper and lower bound of 4.8 and 2.0 respectively, the bounds test result shows that the variables are co-integrated. The paper recommends an export promotion industrial strategy that is accompanied by an import substitution strategy, the re-introduction of a Marketing Board, alongside the construction of irrigation canals in strategically designated agricultural zones, could play a pivotal role in reversing the trend of business and economic instability, thereby helping to curb the persistent volatility in output growth.
Positive Negative Economic Impact of Covid-19 and Macroeconomic Policy on Industry, Business Sector in Indonesia Fatihudin, Didin; Musriha; Daud, Nahu; Wuryani, Eny; Sembiring, Murpin J.; Holisin, Iis
Sinergi International Journal of Economics Vol. 3 No. 3 (2025): August 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/economics.v3i3.403

Abstract

This paper present the result of analysis that economic impact of Covid-19 on industrial prices/commodities, the business sector in Indonesia is not all negative, but there are also positives. WFH policy, social distancing, physical distancing, #dirumahaja, many people do not leave the house, negatively impact the inhibition of the distribution channel of goods/services. from upstream to downstream, from supplier to manufacturer, distributor to consumer. But there are certain sector companies that have a positive impact on their financial performance even though they are not as big as when normal, especially those based on virtual, pharmaceuticals and food. The methods used in this study are descriptive and expost facto. The resurt of this study in indonesian macroeconomic policies in the face of covid-19 economic stabilization, in the form of interest rate subsidies, tax rates, social assistance, direct cash assistance (BLT), low-cost staples. Lower banking rates, lower income tax rates, ease of provision of basic materials. Delays in paying credit installments (principal and interest), easier provision of capital for medium-small enterprises (SMEs), micro-empowerment capital, to increase banking capital, control prices, avoid inflation. Delays in paying credit installments (principal and interest), easier provision of capital for medium- small enterprises (SMEs), micro-empowerment capital, to increase banking capital, control prices, avoid inflation. The limitation this study needs many sampling and objective analysis for sectors affect by covid 19.
Rethinking African in the Global Development Agenda: Pathway to Economic Transformation Okeowo, Idowu Adeniyi; Adewale, Amos Segun; Onodingene, Herbert
Sinergi International Journal of Economics Vol. 3 No. 3 (2025): August 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/economics.v3i3.838

Abstract

This research is motivated by the urgent need to rethinking Africa’s development within the global space. Rethinking Africa’s development must transcend isolated national efforts and emerge as a coordinated continental imperative. Repositioning Africa within the global development architecture necessitates coordinated strategies from regional institutions.  The research used time series data from 1990-2024. Having observed the data properties, that all the data series are non-stationary at levels but stationary at first difference using Augmented Dickey-Fuller (ADF), and all the variables are cointegrated using Hansen Test of Co-integration, Fully Modified Ordinary Least Square (FMOLS) is used in the study. The results shows that a 19.4-unit increase in FDI corresponds to a one-unit increase in GDP, demonstrating that FDI significantly contributes to economic growth in Africa. Aligned with established economic literature, the results further indicate that increases in GDP lead to reductions in Africa’s poverty rates. Furthermore, the analysis reveals a positive association between the Human Development Index (HDI) and GDP, indicating that improved human capital positively influences economic output in Africa. it was recommended that Trade expansion, export promotion, and enhanced regional integration must be central to Africa’s economic agenda. Increasing GDP should not be Africa’s sole objective. Equally critical is the enhancement of key macroeconomic indicators, including human capital development. Addressing unemployment, poverty, inequality, and improving the quality of education and healthcare systems are essential for increasing productivity and positioning Africa competitively within the global economy.
Digital Transformation and Informal Work: A Narrative Review of Platform Economies in the Global South Andika, Cruift
Sinergi International Journal of Economics Vol. 3 No. 3 (2025): August 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/economics.v3i3.868

Abstract

The rise of digital platforms has significantly transformed informal labor markets in developing economies, offering both opportunities and challenges.  This narrative review synthesizes current research on the economic impacts of digital platforms, focusing on job creation, precarity, gender and migrant dynamics, and regional disparities.  Literature was collected from Scopus, Web of Science, and Google Scholar using targeted keywords, emphasizing peer-reviewed studies published between 2010 and 2024. Findings indicate that digital platforms contribute significantly to employment generation and income growth, though challenges persist such as income instability, lack of social protection, and algorithmic bias.  While digital platforms can drive inclusive growth, their transformative potential depends on regulatory frameworks, social protections, and equitable digital inclusion policies.
Green Economy and Public Sector Innovation: A Narrative Review of Global Transitions Lestari, Putri Ayu
Sinergi International Journal of Economics Vol. 3 No. 3 (2025): August 2025
Publisher : Yayasan Sinergi Kawula Muda

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61194/economics.v3i3.869

Abstract

This study presents a narrative review of global and local practices in advancing sustainable development through green economy policies, health literacy initiatives, and digital transformation in the public sector. The aim of the review was to synthesize empirical and theoretical contributions to understand the enabling and constraining factors that shape sustainability outcomes. Literature was systematically collected from Scopus, Web of Science, and Google Scholar using keyword combinations such as “green economy,” “health literacy,” and “digital transformation,” with inclusion criteria focusing on peer-reviewed articles published between 2018 and 2024. A total of 126 articles were reviewed after screening 312 records. The results reveal that sustainability has emerged as a central policy and research theme, with evidence showing that green finance, carbon pricing, and stakeholder engagement significantly enhance ecological and economic performance. Comparative insights highlight that developed nations benefit from robust infrastructure and regulatory frameworks, while developing countries face systemic challenges including financial limitations, policy uncertainty, and social inequalities. The discussion underscores the importance of multisectoral collaboration, public education, and fiscal instruments in overcoming these barriers. However, gaps remain in the literature, particularly regarding long-term impacts and the experiences of marginalized populations. The review concludes that advancing sustainable development requires integrative strategies that combine ecological, economic, and social dimensions, with future research needed to explore innovative and inclusive approaches that ensure equitable progress.

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