cover
Contact Name
Nur Azisah
Contact Email
jegarprofessorline@gmail.com
Phone
+6285298727078
Journal Mail Official
jegarprofessorline@gmail.com
Editorial Address
Jl. Dg. Ngadde Raya, Parangtambung, Makassar, Sulawesi Selatan, Indonesia
Location
Kota makassar,
Sulawesi selatan
INDONESIA
Journal of Economic Growth and Development Review
ISSN : 30629209     EISSN : 30629217     DOI : -
Core Subject : Economy,
The research scope of this journal is the issues of economic growth and development in Indonesia and the world. The journal accepts contributions in the form of theoretical, empirical, and policy articles that address one or more of the following topics: 1. The sources and drivers of economic growth and development 2. The measurement and indicators of economic growth and development 3. The impact of globalization, trade, and foreign direct investment on economic growth and development 4. The role of institutions, governance, and corruption in economic growth and development 5. The relationship between economic growth and development and human capital, innovation, technology, and entrepreneurship 6. The challenges and opportunities of economic growth and development in the context of climate change, environmental degradation, natural resources, and energy 7. The inequality and poverty implications of economic growth and development 8. The social and cultural dimensions of economic growth and development 9. The political economy and history of economic growth and development 10. The regional and comparative analysis of economic growth and development
Articles 22 Documents
Opportunities and challenges Economic growth and development in the context of natural resources and energy Amir, Nurkhaeriah
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.1

Abstract

Natural resources and energy are essential factors for economic growth and development. However, unsustainable use of natural resources and energy can harm the environment and human health. Sustainable use of natural resources and energy can increase economic growth and development. In addition, this article also discusses the challenges of sustainable use of natural resources and energy. One solution is the development of environmentally friendly technology. In addition, the state can encourage companies to use natural resources and energy sustainably.
Quality of human capital and economic growth Mansyur, Khusnul Khotimah
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.2

Abstract

The quality of human capital is a separate capital that can be compared to physical capital when creating production in the country. Therefore, improving the quality of human capital is very strategic in terms of economic growth, and the article also claims that there are two critical points in the correlation between human capital and economic growth. First, human capital must be given the same priority as other factors of economic growth. Second, human capital has a significant impact economic growth. Poor quality of human capital can negatively affect economic growth. It is known that the quality of human capital is a type of capital that can be identified with physical capital/natural resources when creating production in a country. Therefore, improving the quality of human capital is very strategic from the point of view of economic growth. At this point, we recognize two essential points in the correlation between human capital and economic growth. First, human capital must be given the same priority as other factors of economic growth. Second, human capital has a significant impact economic growth.
The impact of economic growth and development on inequality and poverty Pertiwi, Handayani Mega
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.3

Abstract

This research aims to find out the relationship between inequality and poverty and economic growth and development. This study uses panel data from 158 countries from 1960 to 2010. The results show that the correlation between growth and poverty is consistently negative: a 10 percent drop in the poverty rate is associated with an increase in GDP per capita of 0.5- 1.2% per year. On the other hand, the correlation between growth and inequality is empirically delicate - it can be positive or negative depending on the empirical definitions and the econometric approach used. However, the indirect effect of inequality on economic growth through its correlation with poverty is strongly negative. In this case, the study's results suggest that the high-poor samples' results drive these results.
Strategies and Policies to Strengthen Economic Growth in the Middle East and North Africa Region Razak, Andi Muhammad Yaqub
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.4

Abstract

This paper aims to analyze strategies and policies that can improve economic growth and development in the Middle East and North Africa (MENA) region. This study uses a regional and comparative approach to identify the factors influencing a region's economic performance. Research results show that the Middle East and the Middle East have great potential to improve economic growth and development by exploiting natural resources, human capital, trade, investment, and regional integration. The region faces political conflict, social instability, income inequality, corruption, and a lack of structural reforms. This study, therefore, recommends some strategies and policies that MENA countries can implement to overcome these barriers and create an environment conducive to economic growth and development.
The Role of regional integration in promoting economic Growth and development: A Regional and Comparative Analysis of the European Union and MERCOSUR Hajar, Dewi
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.5

Abstract

This article examines the Role of regional integration in promoting economic Growth and development using a regional and comparative analysis between the European Union (EU) and MERCOSUR (Mercado ComĂșn and del Sur). The author shows that regional integration can offer more extensive markets, freer trade, closer cooperation, and more excellent stability. However, the author also acknowledges the challenges and obstacles that the two regional blocs face, such as differences in economic, political, and social structures, imbalance of power, conflict of interest, and lack of coordination and consensus. The author suggests that the EU and MERCOSUR can learn from each other's experiences and increase dialogue and cooperation to solve their problems and achieve common goals.
The Impact of Climate Change on Economic Growth and Development in Sub-Saharan Africa Mendong, Muh. Mu'min
Journal of Economic Growth and Development Review Volume 1 Issue 1 March 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i1.6

Abstract

Climate change harms economic sectors in sub-Saharan Africa, especially agriculture, tourism, forestry, and the energy sector. By 2050, climate change could cost more than 3 percent of GDP and threaten more than 100 million people in Africa with food insecurity, poverty, and displacement. Several African countries, such as Ethiopia, have agreed on several action plans to strengthen measures to combat climate change, such as developing light industry, aviation, and infrastructure. This study aims to analyze how climate change affects productivity and economic growth in sub-Saharan Africa and make policy recommendations to reduce these adverse effects.
Income Inequality: Socio-Economic Challenges of the 21st Century and Efforts to Overcome Them Riyadi, Muhammad
Journal of Economic Growth and Development Review Volume 1 Issue 2 September 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i2.7

Abstract

Income inequality has become one of the most significant socio-economic challenges of the 21st century. This research examines global inequality trends, analyzes the causal factors, and evaluates efforts to overcome them. Using data from a variety of trusted sources, the study finds a consistent increase in global income inequality since the 1980s, with the Gini ratio increasing from 0.61 to 0.67. Factors such as globalization, automation, and economic policies contribute to this trend. The impact of inequality extends to various aspects, including social mobility, community cohesion and economic growth. Although some policy interventions have shown positive results, their implementation faces significant challenges. This research concludes that a multidimensional and collaborative approach is needed to effectively address income inequality. Recommendations include integrated policy reform, increased investment in education and social protection, and stronger international cooperation. This study emphasizes the urgency of coordinated action to build a fairer society and a sustainable economy in the global era.
Digital Transformation: Changes in the Global Economic Paradigm in the Era of Digitalization Azisah, Nur
Journal of Economic Growth and Development Review Volume 1 Issue 2 September 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i2.8

Abstract

The era of digitalization has fundamentally changed the global economic paradigm, presenting unprecedented opportunities and challenges. This research examines the impact of digital transformation on economic structure, labor markets and global business dynamics. Using a qualitative approach with secondary data analysis and literature study, this research reveals significant trends in digital technology adoption in various regions, shifts in the contribution of economic sectors to global GDP, and the evolution of demand for workforce skills. Results show a rapid increase in digital technology adoption, with gaps still existing between developed and developing countries. The information technology sector is emerging as a major contributor to economic growth, while demand for technology-related skills and soft skills is increasing sharply. The research also identifies critical policy challenges, including bridging the digital divide, managing workforce transitions, and designing effective regulatory frameworks. In conclusion, digital transformation demands rapid adaptation from all stakeholders and a collaborative approach to maximize benefits while mitigating emerging risks. The implications of this research include the need for continued investment in digital infrastructure, education system reform, and the development of a comprehensive national strategy to face the digital economy era.
Financial Innovation in the Time of Pandemic: Economic Response and Global Financial Challenges Pertiwi, Handayani Mega
Journal of Economic Growth and Development Review Volume 1 Issue 2 September 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i2.9

Abstract

The COVID-19 pandemic has triggered an unprecedented transformation in the global financial landscape, driving rapid innovation in response to emerging economic challenges. This research analyzes the impact of the pandemic on financial innovation, investigating changes in consumer behavior, technology adoption and regulatory responses. Using a mixed methods approach, the study integrates quantitative data analysis from global surveys and industry statistics with qualitative insights from interviews with experts. Results show a significant acceleration in the adoption of digital financial services, with a 72% increase in mobile banking use and a 58% increase in contactless payments. The research also reveals increasing interest in Central Bank Digital Currencies (CBDCs) among global central banks, with 86% actively researching their potential. Although these innovations increase financial inclusion, especially in developing countries, challenges such as cybersecurity and the digital divide remain. This study highlights the need for an adaptive regulatory framework to balance innovation with financial system stability. In conclusion, the pandemic has been a catalyst for digital transformation in the financial sector, with long-term implications for monetary policy, financial inclusion and the global financial architecture. This research provides valuable insights for policymakers, financial institutions and researchers in navigating the post-pandemic financial landscape and leveraging innovation for greater economic resilience.
Human Resource Development Strategy to Support Sustainable Economic Growth Pramanda, Ryan
Journal of Economic Growth and Development Review Volume 1 Issue 2 September 2024
Publisher : Professorline

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62012/jegar.v1i2.10

Abstract

This research examines the strategic role of human resource (HR) development in supporting sustainable economic growth. Using a mixed methods approach, this study combines secondary data analysis from international organizations, comparative case studies from three countries with different levels of economic development, a Delphi survey with 20 experts, and in-depth interviews with 15 key stakeholders. The research results show a strong positive correlation between investment in human resource development and sustainable economic growth. The three main strategies identified are education system reform with a focus on 21st century skills, industry-based training through public-private partnerships, and flexible labor market policies. The impact of this strategy varies across economic sectors, with technology and renewable energy sectors showing the greatest benefits. The conceptual model developed emphasizes the importance of a holistic approach in human resource development. This study concludes that strategic investment in human resource development is the key to achieving sustainable and inclusive economic growth, especially in the face of rapid technological change. Policy implications and recommendations for future research are also discussed.

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