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 6 Documents
Search results for , issue "Volume 1 Issue 2 September 2024" : 6 Documents clear
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.
Sustainable Development Goals (SDGs): Economic Transformation Towards Sustainable Development Iswanto, Dedy
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.v1i2.11

Abstract

Sustainable Development Goals (SDGs) have become a crucial global framework in encouraging economic transformation towards sustainable development. This article examines how the SDGs agenda influences economic paradigm changes in various countries, as well as the challenges and opportunities that arise in the implementation process. Through analysis of comparative case studies from several countries, this research identifies key strategies and best practices in aligning economic policies with sustainable development goals. Key findings show that successful economic transformation depends on cross-sector policy integration, technological innovation, active involvement of the private sector, and strong international cooperation. The COVID-19 pandemic has also highlighted the importance of building a more resilient and adaptive economic system. Despite significant progress, implementation gaps remain a major challenge, especially in terms of financing and capacity development. This article concludes that achieving the SDGs requires a fundamental transformation in the way we understand and manage economic development, with an emphasis on a holistic approach that balances economic growth, social inclusion and environmental sustainability. The implications of this research highlight the need for accelerated efforts and policy innovation to realize the vision of sustainable development promoted by the SDGs.
Culture as a Tourism Magnet A Systematic Review of the Influence of Local Traditions on Visitor Engagement in Tourism Destinations Iswanto, Dedy; Irsyad, Ziqrurrahman
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.v1i2.12

Abstract

This study explores the influence of local traditions on visitor engagement in tourism destinations, focusing on traditional elements such as music, cuisine, and crafts. Through a systematic review of relevant literature, we found that these elements not only enhance destination image but also enhance visitor satisfaction and loyalty. Cultural festivals play an important role in building emotional connections between visitors and local communities. However, there is a gap in existing research, especially regarding the interaction between traditional elements and the negative impacts of cultural integration in tourism, such as the potential erosion of cultural identity and conflicts between visitors and local communities. This study recommends the need for further studies to understand the dynamics of traditional interactions, as well as the challenges in cultural event management, to support sustainable and inclusive tourism development. These findings are expected to provide insights for destination managers and policymakers in designing more effective strategies to utilize local cultural richness.

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