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International Journal of Economics, Science, and Education (IJESE)
Published by Pena Jaya Pers
ISSN : -     EISSN : 3046689X     DOI : https://doi.org/10.65254/ijese.v1i5.33
Core Subject : Economy, Education, Social,
Economics, Econometrics & Finance Social Sciences Other
nternational Journal of Economics, Science, and Education (IJESE) is a bi-monthly peer-reviewed open access academic journal dedicated to publishing high-quality scientific papers in all disciplines, one of which includes social sciences, educational economics and other fields of knowledge. The aim of this Journal is to provide a leading forum for enhancing communication between researchers and policy makers about the latest science developments. This journal includes discussions of contemporary theoretical, empirical and comparative studies using international languages. All articles published in this Journal are processed under the blind peer review of the editorial board. The board and reviewers are legal scholars with special expertise according to the main focus of this Journal. The peer-review process and decision on publication of the manuscript will usually be completed within three months from the day of submission of the paper. All submissions must be made online here, with reference to the author guidelines which can be found here. Subscriber: This journal is published 6 times a year in January, March, May, July, September, November. All Journal content is freely available without charge to users or institutions. Authors and readers are allowed to read, download, print, search, or link to the full text of articles in this Journal. All published articles can be accessed online for free. All questions regarding submission of manuscripts, journal policies and other relevant information regarding the Journal can be sent via email to penajayapers@gmail.com
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 70 Documents
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Circular Economy Sustainability in Developing Countries: A Bibliometric Analysis of Global Trends, Key Themes, and Research Gaps (2017-2025) Safira Nashirothul Nur Ummah; Retno Mustika Dewi; Riza Yonisa Kurniawan
International Journal of Economics, Science, and Education Vol. 3 No. 2 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i2.74

Abstract

ABSTRACT Purpose: The main focus of this study is to understand research trends, identify key academic actors, and explore the impact of the circular economy in various dimensions of development. In this way, it is hoped that this study will not only contribute to the development of knowledge but also serve as a reference for policymakers, practitioners, and researchers in developing strategies for the transition to a circular economy in developing countries. Design/methodology/approach: This This study uses a bibliometric approach to identify and map publication trends in circular economy research in developing countries. With this approach, researchers can identify the extent to which the circular economy has become a focus of research, as well as the topics that dominate scientific debate. The bibliographic data collection process involved several stages. The first stage involved entering the terms “circular AND economic AND in AND developing AND country” in the article title field of the Scopus database for the period 2017-2025 with the document type “Article,” which yielded 364 documents. Then, the language was limited to English, resulting in a dataset of 358 articles. To ensure the relevance and accuracy of these articles, a recheck was performed using Microsoft Excel to review the titles, followed by a review of the abstracts for content suitability, with a final result of 168 articles that met all the specified criteria. Findings: The review indicates that growing global attention to the topic. The dominant themes focus on waste management, recycling, and sustainable development, while research trends are gradually shifting toward more empirical, policy-oriented, and interdisciplinary studies. However, gaps remain in integrating renewable energy, social aspects, and circular business models, and scholarly contributions are still concentrated in a limited number of countries, highlighting the need for broader participation and more collaborative, policy-driven research in developing economies Research limitations/implications: This study is limited to the selected database and publication period, which may limit the generalization of the findings. Future research should expand the data sources, apply empirical approaches, and integrate less explored aspects such as renewable energy, social dimensions, and circular business models to strengthen circular economy studies in developing countries. Practical implications: These findings provide insights for policymakers, researchers, and practitioners in identifying key trends and research gaps in circular economy studies. These results can support the development of more effective policies, encourage interdisciplinary collaboration, and guide the implementation of circular economy practices to promote sustainable development in developing countries. Originality/value: This study contributes to the literature by presenting a structured thematic mapping of circular economy research and by identifying emerging themes and potential gaps for future research. Paper type: Literature review  
Consumption Patterns and Hanging-Out Culture in Shaping Students’ Purchasing Decisions in Surabaya Hafsah Shufairaa; Nurul Hanifa
International Journal of Economics, Science, and Education Vol. 3 No. 2 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i2.76

Abstract

Purpose: This study examines how consumption patterns and hanging-out culture shape students’ purchasing decisions in Surabaya, addressing the limited attention to the socio-symbolic dimensions of student consumption in urban Indonesia. Design/methodology/approach: A qualitative phenomenological approach was employed to capture students’ lived experiences. Data were collected through in-depth interviews with eight university students selected using purposive sampling and analysed using thematic analysis to identify recurring meaning structures. Findings: The findings suggest that purchasing decisions are not primarily driven by economic rationality, but by the interaction of habitus, social context, and symbolic value. Two fluid consumption orientations emerge: social-oriented consumption and experiential consumption. The findings also indicate that students shift dynamically between these orientations depending on situational contexts, indicating that consumption behaviour is not fixed but relational and adaptive. Research limitations/implications: The study is limited by its qualitative scope and small sample size. Future research should incorporate mixed methods to examine the relationship between symbolic consumption and spending patterns quantitatively. Practical implications: The findings suggest that coffee shop strategies should move beyond price competition and focus on creating socially and symbolically meaningful experiences for student consumers. Originality/value: This study provides empirical insights into how Bourdieu’s concept of habitus operates in a fluid and situational manner within student consumption practices. Paper type: Research paper
Cybersecurity Risk Management: Integrating Technology And Digital Security Awareness: English Ni Wayan Lasmi; Komang Widhya Sedana Putra P; Wayan Sri Maitri
International Journal of Economics, Science, and Education Vol. 3 No. 2 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i2.77

Abstract

Purpose: This study examines how cybersecurity resilience can be strengthened by integrating technological capabilities and human factors. Specifically, it explores the role of cybersecurity technology and digital security awareness in enhancing cybersecurity risk management, using a combined perspective of the Technology Acceptance Model (TAM) and Resource-Based View (RBV). Design/methodology/approach: A quantitative approach was employed using Partial Least Squares–Structural Equation Modeling (PLS-SEM). Data were collected from digital companies operating in Denpasar to test the proposed relationships and moderating effects. Findings: The results indicate that cybersecurity technology significantly improves cybersecurity risk management. In addition, digital security awareness strengthens this relationship, suggesting that higher awareness enhances the effectiveness of technological tools. Research limitations/implications: The study is limited by its focus on a single geographic area and a cross-sectional design, which may limit broader applicability. Future research is encouraged to involve multiple regions and longitudinal data. Practical implications: Organizations should not rely solely on technological investments but also prioritize improving employees’ digital security awareness to achieve stronger cybersecurity resilience. Originality/value: This study contributes by integrating TAM and RBV to highlight the interaction between technological and human capabilities in cybersecurity risk management. Paper type: Research paper
Measuring Indonesia's Sustainability Transition: A Literature Review Of Green, Blue, Environmental, And Regional Competitiveness Indices Pardomuan Robinson Sihombing
International Journal of Economics, Science, and Education Vol. 3 No. 2 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i2.78

Abstract

The transition to sustainable development is a crucial agenda for Indonesia in achieving its 2045 Golden Indonesia Vision. The government has developed a series of composite indices to measure progress and identify challenges. This paper presents a systematic literature review of four major sustainability indices in Indonesia: the Green Economy Index (GEI), the Indonesian Blue Economy Index (IBEI), the Environmental Quality Index (EQI), and the Regional Competitiveness Index (RCI). Using a literature review method that synthesizes government reports, official publications, and academic journals, this study analyzes each index's conceptual framework, methodology, and key findings. The results of the analysis reveal a complex and sometimes contradictory narrative. On the one hand, the GEI shows a trend of progress driven by improvements in the socio-economic pillar. On the other hand, the environmental pillar is consistently the weakest, and the EQI shows volatility in marine water quality (MWQ), indicating a gap between blue economy ambitions and the reality of ecosystem health. Furthermore, the IBEI has a relatively low initial national score (43.98). Meanwhile, the RCI highlights sharp regional competitiveness gaps, which have the potential to become structural barriers to the implementation of inclusive sustainable development at the national level.
Digital Business Transformation: A Systematic Literature Review On Models, Strategies, And Challenges In The Digital Economy Era Toong Hai Sam; Nuryadi Nuryadi; Komarun Zaman
International Journal of Economics, Science, and Education Vol. 3 No. 2 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i2.80

Abstract

Purpose: This study examines Indonesia’s transition toward sustainable development in achieving the 2045 Golden Indonesia Vision by analyzing the performance and challenges reflected in four major sustainability indices: the Green Economy Index (GEI), Indonesian Blue Economy Index (IBEI), Environmental Quality Index (EQI), and Regional Competitiveness Index (RCI). It aims to provide a comprehensive understanding of how these indices collectively portray sustainability progress and reveal structural gaps. Design/methodology/approach:This study employs a systematic literature review approach by synthesizing data from government reports, official publications, and academic journals. Each index is analyzed based on its conceptual framework, measurement methodology, and key findings to identify patterns, inconsistencies, and policy implications. Findings: The findings reveal a complex and sometimes contradictory picture of sustainable development in Indonesia. The GEI indicates progress mainly driven by improvements in the socio-economic dimension, while the environmental dimension remains relatively weak. The EQI demonstrates fluctuations, particularly in Marine Water Quality (MWQ), highlighting a gap between blue economy ambitions and environmental realities. The IBEI records a relatively low national score (43.98), suggesting that Indonesia’s blue economy development is still at an early stage. Furthermore, the RCI reveals significant regional disparities in competitiveness, which may hinder inclusive and balanced sustainable development. Research limitations/ implications: This study is limited to secondary data and literature-based analysis. Future research is recommended to incorporate empirical and quantitative approaches to validate the findings and explore interrelationships among indices as well as regional dynamics. Practical implications: The results highlight the need for more integrated and balanced policy strategies, particularly in strengthening environmental performance, aligning blue economy initiatives with ecological sustainability, and reducing regional disparities. Policymakers should enhance cross-sectoral coordination to achieve inclusive and sustainable national development. Originality/value: This study provides a comprehensive synthesis of Indonesia’s key sustainability indices, offering a holistic perspective that highlights inconsistencies and structural challenges often overlooked in single-index analyses.
Revitalization Of The People's Economy Through The Red And White Cooperative Ecosystem Pardomuan Robinson Sihombing
International Journal of Economics, Science, and Education Vol. 3 No. 3 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i3.79

Abstract

This study presents a critical, in-depth, and comprehensive analysis of the policy architecture, business model, and strategic implications of the Red and White Cooperative (KMP) program launched by the Government of Indonesia for the 2024-2029 period as the central pillar of people's economic transformation. Under the legal umbrella of Presidential Instruction Number 9 of 2025, this program targets the establishment and revitalization of 80,000 cooperative units as rural economic aggregators, vitally integrated with the Free Nutritious Meal Program (MBG). This study uses a qualitative approach, with a policy case study design, enriched by a systematic literature review and a global comparative analysis. The analysis was conducted through a multi-theoretical lens that included New Institutional Economics to dissect the structure of transaction costs; Institutional Isomorphism from DiMaggio and Powell to evaluate regulatory pressures and the risks of uniformity without substance; Stewardship Theory for aspects of managerial motivation; and the concept of Platform Cooperativism to examine digital sovereignty. The study's findings show that integrating KMP as a Nutrition Fulfillment Service Unit (SPPG) creates a captive market, which is crucial for initial cash flow. However, risk analysis reveals the potential for coercive isomorphism, which can give rise to "shell cooperatives" if it is not accompanied by strengthened social capital and member autonomy. Comparative studies of the Zen-Noh federation model in Japan and the Mondragon Corporation innovation ecosystem in Spain recommend restructuring from an atomistic model to a strong vertical federation, as well as the institutionalization of cooperative education to ensure long-term sustainability free from state dependence
Comprehensive Policy Analysis Of Indonesia's Poverty Alleviation Strategy Through People's School Education Pardomuan Robinson Sihombing
International Journal of Economics, Science, and Education Vol. 3 No. 3 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i3.82

Abstract

Purpose: This study analyzes the policy design and strategic implications of the Sekolah Rakyat (People’s School) program under Presidential Instruction Number 8 of 2025 as an instrument to reduce intergenerational poverty through education. Design/methodology/approach: This study employs a qualitative approach using policy analysis, literature review, and comparative analysis of international educational models, including SEED Schools (USA), Escuela Nueva (Colombia), and BRAC (Bangladesh). The analysis is grounded in human capital theory and social reproduction theory. Findings: The findings indicate that Sekolah Rakyat has the potential to improve educational opportunities for students from low-income families through a state-funded boarding school model. However, challenges related to social stigmatization, institutional segregation, fiscal sustainability, and inter-ministerial coordination may affect program effectiveness. Research limitations/implications: This study is limited to secondary data and qualitative analysis. Future studies should examine the long-term educational and socio-economic impacts of the program through empirical research. Practical implications: The study recommends regulatory harmonization, clearer institutional governance, and more inclusive student admission policies to strengthen program implementation and reduce social stigma. Originality/value: This study offers a policy-oriented analysis of Sekolah Rakyat by integrating educational sociology perspectives with international comparative experiences. Paper type: Literature review
Blue Economy Implementation As A Strategy For Sustainable Coastal Economic Development Syamsul Arifin; Irviandi Yudhotomo; Toong Hai Sam; Miftahul Jannah S
International Journal of Economics, Science, and Education Vol. 3 No. 3 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i3.83

Abstract

Purpose: This study aims to review the role of the Blue Economy in supporting sustainable coastal and marine development by integrating economic growth, environmental sustainability, and social welfare. Design/Methodology/Approach: A systematic literature review (SLR) was conducted using peer-reviewed articles and international reports published between 2015 and 2025. Relevant literature was collected from Scopus, Web of Science, and Google Scholar and analyzed using thematic synthesis. Findings: The results indicate that the Blue Economy is driven by sustainable fisheries, marine tourism, renewable ocean energy, marine conservation, and efficient resource utilization. Government support, technological innovation, stakeholder collaboration, and sustainable financing are identified as key factors influencing successful implementation. Furthermore, Blue Economy practices contribute to economic growth, employment creation, environmental protection, and the welfare of coastal communities. Research Limitations/Implications: This review is limited to selected databases and English-language publications. Future research should focus on empirical studies examining Blue Economy implementation in developing countries. Practical Implications: The findings provide insights for policymakers and practitioners in developing sustainable marine resource management strategies. Originality/Value: This study offers a comprehensive overview of Blue Economy research and identifies opportunities for future sustainable development initiatives. Paper Type: Literature Review Keywords: Blue Economy; Sustainable Development; Marine Resources; Coastal Development; Environmental Sustainability
Economic Literacy In Developing Countries: A Literature Review Of Educational Strategies, Socioeconomic Outcomes, And Policy Challenges mahmud ismail; Lailatul Rohmah
International Journal of Economics, Science, and Education Vol. 3 No. 3 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i3.84

Abstract

Purpose: This study aims to examine the development of economic literacy research in developing countries by analyzing educational strategies, socioeconomic outcomes, and policy challenges that influence individuals' economic knowledge and decision-making capabilities. The study seeks to provide a comprehensive understanding of how economic literacy contributes to human capital development, financial well-being, and sustainable socioeconomic progress. Design/methodology/approach: This study employs a qualitative approach using a literature review method. Relevant articles, policy reports, and scholarly publications on economic literacy in developing countries were systematically reviewed to identify major themes, educational approaches, socioeconomic impacts, and policy issues. The analysis integrates perspectives from human capital theory and educational development frameworks. Findings: The review reveals that economic literacy plays a significant role in improving financial decision-making, entrepreneurial capacity, resource management, and household welfare. Educational interventions through formal education, community-based learning, and digital platforms have contributed positively to economic understanding among individuals. However, disparities in educational access, socioeconomic conditions, digital infrastructure, and policy implementation continue to hinder the development of economic literacy in many developing countries. Research limitations/implications: This study is limited to secondary data and published literature. Future research should employ empirical approaches to examine the effectiveness of specific economic literacy programs across different demographic and regional contexts. Practical implications: The findings provide insights for policymakers, educators, and development practitioners in designing more inclusive economic literacy programs, strengthening curriculum development, and enhancing public awareness initiatives to support sustainable economic development. Originality/value: This study contributes to the literature by offering a comprehensive synthesis of economic literacy research in developing countries while highlighting key educational strategies, socioeconomic benefits, and policy challenges that require further scholarly and practical attention. Paper type: Literature review
Green Economy In The Perspective Of Sustainable Development Keila Putri Zhafrani; Fahmi Ashari S. Sihaloho
International Journal of Economics, Science, and Education Vol. 3 No. 3 (2026): International Journal of Economics, Science, and Education (IJESE)
Publisher : CV Pena Jaya Pers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65254/ijese.v3i3.85

Abstract

Purpose: The green economy has emerged as a strategic approach to achieving sustainable development by integrating economic growth, environmental sustainability, and social inclusion. As global concerns regarding climate change, environmental degradation, and resource scarcity continue to intensify, governments, businesses, and researchers have increasingly emphasized the importance of transitioning toward a greener economic model. This study aims to systematically review and synthesize the existing literature on the green economy from a sustainable development perspective, focusing on its key concepts, determinants, implementation strategies, and socioeconomic and environmental impacts. Design/Methodology/Approach: This study employs a systematic literature review (SLR) approach by analyzing peer-reviewed journal articles published between 2015 and 2025 and indexed in reputable academic databases, including Scopus, Web of Science, and Google Scholar. The review process follows the PRISMA guidelines to ensure methodological rigor, transparency, and replicability. Relevant articles were selected based on predefined inclusion and exclusion criteria and analyzed using thematic synthesis. Findings: The findings reveal that the green economy is primarily characterized by renewable energy development, green innovation, circular economy practices, sustainable consumption and production, and efficient resource utilization. The literature indicates that government policies, technological advancement, environmental awareness, financial support, and stakeholder collaboration are critical factors influencing the successful implementation of green economy initiatives. Furthermore, green economy practices contribute positively to economic growth, employment generation, environmental protection, carbon emission reduction, and long-term sustainable development. Research Limitations/Implications: This review is limited to selected academic databases and English-language publications, which may affect the comprehensiveness of the findings. Future research is encouraged to conduct empirical studies examining the effectiveness of green economy initiatives in developing countries and across different industrial sectors. Practical Implications: The findings provide valuable insights for policymakers, business leaders, and development practitioners in designing and implementing strategies that support sustainable economic transformation and environmental stewardship. Originality/Value: This study offers a comprehensive synthesis of green economy literature and identifies emerging trends and research gaps that can guide future scholarly investigations and policy development. Paper Type: Literature Review

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