cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Muh Ibnu Sholeh
Contact Email
indocelllular@gmail.com
Phone
+6282144444454
Journal Mail Official
ijededitor@gmail.com
Editorial Address
Tambakberas Barat Jombang, Tambak Rejo, Kec. Jombang, Kabupaten Jombang, Jawa Timur 61419
Location
Kab. jombang,
Jawa timur
INDONESIA
International Journal of Economics and Development
Published by Pondok pesantren As-salafiyah As-Safi'iyyah
ISSN : -     EISSN : 31103189     DOI : 10.71305
Core Subject : Religion, Economy, Humanities, Social,
Religion Humanities Economics, Econometrics & Finance Social Sciences
The International Journal of Economics and Development (IJED) aims to advance theoretical and empirical research in the fields of economics and development. The journal provides a global forum for scholars, practitioners, and policymakers to engage with current debates and emerging issues in economic theory, policy, and practice. Focus IJED focuses on high-quality research that contributes to the understanding of economic systems and development processes at local, national, regional, and global levels. The journal encourages interdisciplinary and comparative approaches, particularly those integrating perspectives from social sciences, Islamic studies, environmental studies, and public policy. Scope The scope of the journal includes, but is not limited to, the following themes: Microeconomics and macroeconomics Economic development and sustainable growth Development economics and planning International trade, investment, and finance Islamic economics and Sharia-compliant finance Public sector economics and governance Fiscal and monetary policy Poverty alleviation and income inequality Rural and regional development Innovation, entrepreneurship, and productivity Labor economics, human capital, and education Financial institutions, markets, and digital finance Environmental and resource economics Economic resilience, crisis, and recovery strategies
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 25 Documents
 1   2   3 
Harnessing Africa’s Potentials For Economic Transformation And Social Inclusion In A Dynamic Global Economy Nyerhovwo Kingsley Erakpotobor
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.734

Abstract

Africa holds vast natural and human resource potential, yet its economic transformation remains constrained by institutional weaknesses, high inequality, and vulnerability to global shocks.  Achieving inclusive and sustainable development requires localized, evidence-based strategies tailored to the continent’s diverse realities. This study examines the impact of sustainable development strategies on Africa’s economic transformation, explores effective country-specific models for inclusive growth, and evaluates the role of governance, trade, and innovation in promoting social inclusion. The research is anchored in Sustainable Development Theory, which emphasizes the need for balanced economic growth, social equity, and environmental responsibility-principles that guide this study’s analysis and recommendations. It contributes to current development discourse by offering context-sensitive insights aligned with Agenda 2063 and the United Nations Sustainable Development Goals (SDGs). While existing literature often focuses on broad regional frameworks, it frequently overlooks localized strategies that reflect national differences in policy capacity, institutional strength, and resource endowment. This study adopts a qualitative, library-based research methodology, utilizing document analysis to examine secondary data obtained from peer-reviewed journals, institutional reports, and credible development databases such as AfDB, UNECA, and UNDP. Findings reveal that countries integrating sustainable development principles, such as Morocco, Rwanda, and Ghana achieve improved governance, economic diversification, and social inclusion. Accordingly, the study recommends strengthening institutional capacity, investing in green infrastructure and human capital, and expanding intra-African trade under AfCFTA. Future research should explore the long-term impacts of localized reforms and assess the role of digital innovation and climate finance in Africa’s transformation.
Implementation Of SAK EMKM-Based Financial Reporting In An MSME: A Case Study Of The Fourtoena Sabrina Ramadanti; Khoirunnisa Rosdiana; Rimi Gusliana Mais
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.1499

Abstract

This study examines the implementation of Financial Accounting Standards for Micro, Small, and Medium Enterprises (SAK EMKM) in the Fourtoena Shop MSME, located in East Jakarta. Using a qualitative case study approach, data were collected through in-depth interviews with the owners, direct observation, and analysis of financial documents covering the period January–May 2025. Findings reveal that although the owners have a basic accounting background, their understanding and application of SAK EMKM remain limited. Financial records are kept simply, primarily involving cash inflows, outflows, and a rudimentary income statement, without preparing a formal balance sheet or notes to the financial statements. Separation of personal and business assets has been applied, and routine profit and loss recording is conducted, reflecting partial compliance with SAK EMKM. The study highlights gaps in accounting literacy, lack of formal training, and limited access to information as primary obstacles to full compliance. Recommendations include intensive SAK EMKM training, socialization programs, and the adoption of digital accounting applications to standardize financial reporting. Implementing these measures is expected to enhance financial transparency, support access to financing, and strengthen the sustainable development of MSMEs. This research contributes to understanding the challenges faced by small retail businesses in adhering to formal accounting standards in Indonesia.
The Rise In Gold Prices And Its Implications For MSME Financial Management Dodi Yuli Satria; Delsi Desrianti; Salsabila Zahra; Hasyifa Suwanda Putri; Widi Nugraha
International Journal of Economics and Development Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v1i2.1564

Abstract

The increase in gold prices in 2025 will be a significant economic phenomenon with a broad impact on various sectors, including Micro, Small, and Medium Enterprises (MSMEs). This study aims to analyze the implications of the increase in gold prices on MSME financial management and formulate appropriate management strategies in response to these dynamics. The method used is a literature study by reviewing relevant national and international scientific literature, supported by Indonesian gold price data for 2025. The results show that the increase in gold prices increases the value of MSME assets and has the potential to strengthen their financial position, but also poses liquidity risks if not balanced with good cash flow management. In addition, gold can serve as a hedge against inflation and economic uncertainty, but it still requires an asset diversification strategy and careful financial planning. Therefore, strengthening financial literacy, disciplined record keeping, the use of digital technology, and rational investment planning are key to optimizing the benefits of rising gold prices. This study confirms that the integration of gold into MSME financial management must be done proportionally and strategically to support business stability and sustainability.
The Role Of Islamic Business Ethics Internalization In Developing Entrepreneurial Character Among Management Students Ushwa Dwi Masrurah Arifin Bando; Achmad Ridha
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.1567

Abstract

This study aims to analyze the process of internalizing Islamic business ethics in building the entrepreneurial character of Management Study Program students and identify the factors that affect their success. This study uses a mixed methods approach with a sequential explanatory design, which is quantitative analysis followed by qualitative deepening. The research population is all students of the Management Study Program who have taken entrepreneurship and business ethics courses. The research sample amounted to 120 students who were selected using the proportionate random sampling technique. The quantitative instrument is in the form of a Likert scale questionnaire that measures five indicators of Islamic business ethics, namely honesty (shiddiq), trust, responsibility, justice, and blessing orientation, as well as indicators of entrepreneurial character which include independence, creativity, courage to take risks, discipline, and integrity. Qualitative instruments are in the form of in-depth interview guidelines and observation sheets on student learning activities and entrepreneurial practices. The results showed that the level of internalization of Islamic business ethics was in the high category (M = 3.82), while the entrepreneurial character of students was in the good category (M = 3.76). Regression analysis showed that the internalization of Islamic business ethics had a positive and significant effect on the formation of student entrepreneurial character (β = 0.61; p < 0.05). Qualitative data corroborate these results, that value-based learning, lecturer examples, business practice experience, and religious academic culture are the main factors in strengthening the internalization of values. On the other hand, short-term profit orientation, the influence of a pragmatic digital environment, and low value reflection are obstacles in the internalization process. The integration of quantitative and qualitative results shows that the internalization of Islamic business ethics not only shapes entrepreneurial competence, but also strengthens the moral and spiritual dimensions in students' business behavior. This study contributes to entrepreneurship and Islamic education research by providing empirical evidence on how Islamic business ethics internalization strengthens both entrepreneurial competence and moral character among university students.
Analysis Of The Trend Of Deglobalisation And Disruption In International Trade Mangal Sing Kro
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.1572

Abstract

Deglobalisation reflects a shift from deep global integration toward more fragmented economic relations shaped by protectionist policies and geopolitical rivalry. This study investigates the trajectory, causes, and trade disruptions associated with this phenomenon using a qualitative explanatory design based on secondary data from academic literature, policy reports, and global economic analyses covering the post–World War II period to 2025. The analysis identifies patterns of declining interdependence through regionalisation, tariff expansion, and strategic trade restrictions. Results indicate that hegemonic competition among major powers, financial system fragmentation, and rising economic nationalism drive the transition toward deglobalisation. Evidence also shows that global supply chains are being restructured through friend-shoring and near-shoring strategies, while access to critical technologies and resources becomes increasingly restricted. Trade disruptions appear in the form of reduced efficiency, increased production costs, and unequal access to global markets, particularly affecting developing economies. The study concludes that deglobalisation represents a structural transformation in international trade, reshaping economic governance and altering the balance between global cooperation and national economic security.
The Role Of Green Sukuk In Achieving The Sustainable Development Goals (SDGs) In Indonesia Agung Rofianto; Arga Kusuma Prasetya; Safaah Restuning Hayati
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.1624

Abstract

This study examines the strategic role of Islamic finance, specifically through Green Sukuk instruments, in supporting the achievement of the Sustainable Development Goals (SDGs) in Indonesia. Amidst the global urgency of climate change and the substantial funding gap for green infrastructure, this research evaluates how Green Sukuk aligns with maqasid al-shariah to foster environmental sustainability. This research employs a qualitative descriptive approach using a systematic literature review. Data were synthesized from government reports, official documents from the Ministry of Finance, and academic journals published between 2020 and 2025 to ensure contemporary relevance. The analysis reveals that Indonesia’s Green Sukuk issuance reached USD 6 billion by 2023, positioning the nation as a global leader in Islamic green finance. However, there is a significant sectoral imbalance: 97% of the funds are allocated to climate resilience and disaster risk reduction (supporting SDGs 6 and 13), while critical sectors like renewable energy and sustainable transport (supporting SDGs 7 and 11) receive less than 1%. Furthermore, the market remains heavily reliant on sovereign issuance, with minimal participation from the private sector due to a lack of fiscal incentives and concerns over "greenwashing". The conclusion is Green Sukuk is a vital instrument for Indonesia's sustainable development, yet its potential as a transformative tool for a low-carbon economy remains underutilized. To maximize impact, the government must diversify project allocations toward renewable energy and provide competitive incentives to stimulate private-sector involvement.
Reorganization Of Human Resources In The Public Sector: A Reformative Perspective On Contemporary Practices And Challenges Arsim Gjinovci; Dren Gjinovci
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.1589

Abstract

New organizational forms of human resources in the public sector present a continuous and complex challenge that reflects the need to increase the efficiency, effectiveness and quality of public services in organizations. This process requires moving away from traditional personnel administration practices and adopting a more approach to human resource management (HRM), where the focus is on attracting, developing, motivating and retaining qualified staff. It is required to harmonizing the policies with the dynamic needs and the challenges present by the political and economic environment. Factors such as budgetary constraints, rigid legal and institutional frameworks, and influence over administrative processes often hinder the effective implementation of reforms in organisations. To overcome these obstacles, strategies of innovative, sustainable reforms, and strong institutional commitment are needed to build a more flexible and effective human rescores management in public sector. This study addresses these issues by offering critical perspectives and concrete recommendations for advancing reforms in this field.
Remittances And Sustainable Development In Sub Saharan Africa: The Moderating Role Of Financial Development Stephen Olabode ODEDOYIN; Opeyemi Nathaniel OLADUNJOYE; Rufus Adebayo AJISAFE
International Journal of Economics and Development Vol. 2 No. 2 (2026): Vol 2 No 2 December 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i2.1546

Abstract

Sub-Saharan Africa which is comprised of developing countries that hold great prospects for sustainable development and remittances remain a viable source of financing its attainment. Financial intermediation is inevitable in facilitating this goal in line with achieving SDGs in the region.  This paper examines the moderating role played by financial sector development in the dynamic nexus between remittances and sustainable development in 30 Sub-Saharan African countries using panel data covering the period 2000–2022. The study is premised on the two-gap model theory which emphasises resource mobilisation through remittances to bridge the savings gap and foreign exchange gap for sustainable development and this guides the study’s analysis and recommendations. It contributes to current development literature by offering long-run panel data evidence on the moderating role of financial development in the remittances-sustainable development nexus in Africa. The study employed SYS-GMM and two-step dynamic GMM techniques to address the issue of endogeneity. The findings showed that there is a significant positive correlation between the interactive term of remittances and financial development with respect to sustainable development in Sub-Saharan Africa. The study concluded that in the 30 Sub-Saharan African nations, financial development and remittances act as complements to sustainable development. Accordingly, the study recommends strengthening financial institutions as  a sound financial system reduces the cost of sending remittances which aligned with SDG 10.c that seeks to reduce transaction costs in sending remittances.
Can Econometrics Explain Development? A Theoretical Critique And Contextual Reassessment Of Econometric Validity In Development Research Nyerhovwo Kingsley Erakpotobor; Ikechukwu Uchebenu
International Journal of Economics and Development Vol. 2 No. 2 (2026): Vol 2 No 2 December 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i2.1562

Abstract

Econometrics, particularly Ordinary Least Squares (OLS) models, has long dominated development economics research, offering quantitative insights into growth, poverty, and institutional dynamics. However, its explanatory power is increasingly questioned in contexts characterized by weak institutions, informal economies, and complex socio-cultural dynamics. Grounded in institutional theory, political economy, and complexity perspectives, this study examines the contextual validity of econometrics in explaining development outcomes. Drawing on secondary sources including scholarly articles, books, and policy reports, the study employs content and thematic analysis to synthesize empirical and theoretical literature. Findings indicate that econometric models often fail due to unreliable data, omitted institutional variables, endogeneity caused by structural informality, and non-linear interactions among economic, political, and social factors. Moreover, existing literature has predominantly focused on technical issues such as heteroscedasticity and multicollinearity, leaving a gap in understanding the epistemic and contextual limitations of quantitative approaches and the potential for qualitative complementarity. The study argues that while econometrics is valuable for pattern detection and predictive inference, it is insufficient alone to capture the multidimensional and path-dependent nature of development. It advocates for methodological pluralism, integrating qualitative triangulation, institutional context analysis, and complexity-informed frameworks to enhance explanatory validity. By explicitly linking theory and context, this study contributes a critical and nuanced understanding of development processes, bridging the gap between statistical inference and socio-political realities. In doing so, it advances development economics by offering a theoretically integrated critique of econometric epistemology and proposing methodological pluralism as a more context-sensitive and explanatory framework for analysing development outcomes in heterogeneous institutional environments.
Break Even Point Analysis For Sales Planning At PT Ultrajaya Milk Industry And Trading Company Tbk Kartika Septiary Pratiwi Musa; Haliah; Darmawati
International Journal of Economics and Development Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026
Publisher : Ponpes As-Salafiyyah Asy-Syafi'iyyah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71305/ijed.v2i1.1615

Abstract

This study aims to analyze the application of Break Even Point (BEP) analysis as a strategic instrument for sales planning and profit management at PT Ultrajaya Milk Industry & Trading Company, Tbk during the 2022–2024 period. The study seeks to evaluate the company's operational efficiency through contribution margin performance, break-even trends, and sales target achievement in the post-pandemic business environment. A quantitative descriptive approach was employed using secondary data obtained from PT Ultrajaya’s independently audited annual financial statements for 2022–2024. The analysis involved cost classification, contribution margin (CM) calculation, contribution margin ratio (CMR) analysis, BEP determination in monetary terms, and sales target planning based on Cost-Volume-Profit principles. The results indicate a consistent increase in net sales from IDR 7.456 trillion in 2022 to IDR 8.874 trillion in 2024. The contribution margin ratio improved substantially from 19.65% to 34.05%, reflecting enhanced operational efficiency and stronger profitability. The break-even point declined from IDR 5.874 trillion in 2022 to IDR 4.620 trillion in 2024, demonstrating a wider margin of safety. Furthermore, actual sales consistently exceeded both the calculated BEP and planned sales targets throughout the study period. The findings suggest that BEP analysis provides valuable managerial information for establishing realistic sales targets, monitoring cost efficiency, evaluating profit performance, and supporting strategic decision-making in manufacturing companies facing dynamic market conditions. This study contributes to the accounting and management literature by integrating contribution margin analysis, break-even trend evaluation, and sales target planning within a single analytical framework. It provides empirical evidence from a large publicly listed Indonesian manufacturing company during the post-pandemic recovery period, an area that remains relatively underexplored in previous BEP studies.

Page 2 of 3 | Total Record : 25

 1   2   3 

Filter by Year

2025 2026


Reset
Filter By Issues
All Issue Vol. 2 No. 2 (2026): Vol 2 No 2 December 2026 Vol. 2 No. 1 (2026): Vol 2 No 1 June 2026 Vol. 1 No. 2 (2025): Vol 1 No 2 December 2025 Vol. 1 No. 1 (2025): Vol 1 No 1 June 2025