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Global Economics: International Journal of Economic, Social and Development Sciences
Published by International Forum of Researchers and Lecturers
ISSN : 30636221     EISSN : 30636213     DOI : https://doi.org/10.70062/globaleconomics.v2i4
Core Subject : Economy,
Economics, Econometrics & Finance
(Global Economics: International Journal of Economic, Social and Development Sciences) [e-ISSN : 3063-6213, p-ISSN : 3063-6221] is an open access Journal published by the IFREL (International Forum of Researchers and Lecturers). Global Economics accepts manuscripts based on empirical research results, new scientific literature review, and comments/ criticism of scientific papers published by Global Economics. This journal is a means of publication and a place to share research and development work in the field of Economic, Social and Development Sciences. Articles published in Global Economics are processed fully online. Submitted articles will go through peer review by a qualified international Reviewers. Complete information for article submission and other instructions are available in each issue. Global Economics publishes 4 (four) issues a year in March, June, September and December, however articles that have been declared accepted will be queued in the In-Press issue before published in the determined time.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 67 Documents
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Risk Management From The Perspective Of Islamic Economics: Case Study Of Swalayan Al-Fatih, Sumenep Regency Hanifah Fauziyah; Jannatul Firdaus; Hertin Khalifatun Nisa Arifah; Any Sani’atin; Nurul Hidayat
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 1 No. 4 (2024): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v1i4.68

Abstract

This article discusses risk management from the perspective of Islamic economics, with a case study on Swalayan Al-Fatih in Sumenep Regency. The research was conducted to address several issues, including: 1) What are the internal and external risks faced by Swalayan Al-Fatih in its daily operations? 2) What risk mitigation strategies can be implemented by Swalayan Al-Fatih from the perspective of Islamic economics?. In this thesis, the researcher employs a qualitative research method. Qualitative research is a procedure that produces descriptive data in the form of written or spoken words from people and observed behaviors. To collect data, the researcher uses interview and observation techniques. Data analysis is carried out through data reduction, data presentation, and data verification. Based on this orientation, the research findings indicate that the risks faced by Swalayan Al-Fatih include internal risks such as conflicts among employees, lack of skills, and low employee loyalty. External risks, such as intense competition, unsold products, as well as environmental and natural factors, were also identified. In conclusion, the risk management strategy according to Islamic economics is based on the Qur'an and Hadith, as taught by Prophet Muhammad SAW. The strategy implemented by Swalayan Al-Fatih meets several criteria of Islamic economics.
Accelerating Structural Transformation through IKN : An Analysis Study of the Formation of a New Economic Base and Its Impact on Indonesia's Competitiveness RM Bramastyo KN; Enny Istanti
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 1 No. 4 (2024): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v1i4.97

Abstract

Structural transformation is an important process in the economic development of a country. In Indonesia, the plan to move the National Capital City (IKN) from Jakarta to Nusantara in East Kalimantan is one of the strategic steps in accelerating structural transformationThe methodology used in this study is a qualitative and quantitative approach. The results of the study show that the acceleration of structural transformation through the development of IKN has a significant impact on the formation of a new economic base and increasing Indonesia's competitiveness. The formation of a new economic base in IKN can be seen from the emergence of technology and innovation-based industrial clusters. The impact on national competitiveness can be seen from the increase in productivity and innovation capacityThe analysis of the acceleration of structural transformation through the development of the IKN shows a fundamental change in Indonesia's economic base. The development of IKN as a smart forest city accelerates structural transformation through three main mechanisms. The impact on the formation of a new economic base can be seen from the shift in the economic structure in the IKN area and its surroundings. Structural transformation is also reflected in changes in the composition of the workforce and investment patterns. The impact analysis on Indonesia's competitiveness shows a significant increase in several dimensions
Sentiment Analysis and Factors Influencing the Adoption of Islamic Digital Banking among the Millennial Generation in Indonesia Farida Ayu Avisena Nusantari; Eryco Muhdaliha; Mia Laksmiwati
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 1 No. 4 (2024): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v1i4.106

Abstract

This research explores the factors influencing the adoption of Islamic digital banking among millennials in Indonesia. Employing a qualitative approach through a comprehensive literature review, the study analyzes existing research on Islamic digital banking adoption, focusing on academic journals, conference proceedings, and industry reports. The findings reveal that perceived ease of use and usefulness of digital banking services are crucial. Additionally, social influences, such as peer and family recommendations, and personal factors, including demographics and cultural background, significantly impact adoption rates. This research provides valuable insights for Islamic banks in Indonesia to develop targeted strategies for millennial engagement. By understanding these influencing factors, Islamic banks can tailor digital banking services to meet the specific needs and preferences of this demographic, thereby enhancing market penetration and fostering growth within the evolving digital banking landscape.
Effectiveness Of E-Bmd Implementation in The Context Of Presenting Financial Statements (Fixed Assets and Current Assets) at The Financial And Asset Management Agency Of Sikka District T.A. 2023 Gita Yolanda; Emilianus Eo Kutu Goo; Maria Modesta Missi Mone
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.164

Abstract

The implementation of the Elektronik Barang Milik Daerah (e-BMD) system is crucial for improving the management and financial reporting of regional government assets. This study examines the effectiveness of e-BMD at the Badan Pengelola Keuangan dan Aset Daerah (BPKAD) of Sikka Regency in preparing financial reports, particularly for fixed and current assets. Using qualitative methods, data were collected through interviews, observation, and document analysis. The results show that e-BMD significantly enhances efficiency, accuracy, and accountability in asset management, although technical and resource limitations remain challenges. Recommendations include training enhancement and system optimization to improve performance.
The Impact of Store Atmosphere on Consumer Satisfaction in Purchasing Products Indriani Wuri Puspitasari; Achmad Daengs GS; Enny Istanti; Rina Dewi
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.165

Abstract

Business competition in the era of globalization has led various companies to compete in acquiring and maintaining their market share. This includes sectors such as trade, education, transportation, and others. This condition forces companies to develop appropriate strategies to achieve competitive advantage, ensuring they retain their market and win the competition. This research focuses on Sogo Surabaya, a shopping center visited by numerous consumers daily due to its strategic location in the city center, integrated with Tunjungan Plaza, and situated along a main road, making it easily accessible. Sogo Surabaya functions as a store providing various fashion-related needs, including formal attire such as suits and kebayas, as well as casual clothing for young people and teenagers, like t-shirts and jeans. The store atmosphere follows a typical shopping center design. Elements of the store atmosphere include interior design, product layout, air circulation, spatial arrangement, wall colors, room fragrance, furniture materials, and the products sold. The data used in this research is primary data obtained through questionnaires distributed to customers shopping at Sogo Surabaya.
Islamic Economics during the Glorious Period of the Abbasid Dynasty: Social and Cultural Transformation Merly Cahya Putri
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.169

Abstract

This study examines the transformation of the Islamic economy during the golden age of the Abbasid Dynasty, characterized by innovations in financial systems, the implementation of fiscal policies based on wealth redistribution, and shifts in social and cultural structures. The background of this research is rooted in the strategic role of the Abbasid Dynasty in creating an advanced Islamic civilization through the integration of economic progress, social growth, and cultural development. The aim of the study is to analyze in depth the dynamics of economic change, its impact on social structures, and its contribution to the development of science and culture during this period. The method employed is a Systematic Literature Review (SLR), which involves the search, selection, and synthesis of literature from various credible academic sources. The findings indicate that innovative policies, such as the implementation of primitive banking systems, zakat and waqf mechanisms, and infrastructure development, support inclusive economic growth and equitable wealth distribution. The implications of this study suggest that the principles of the Islamic economy implemented during the Abbasid era can serve as a reference in designing modern economic policies that are just, sustainable, and responsive to socio-cultural dynamics.
Analysis of Relationship Between Dividend Policy and Financial Performance in Deposit Money Banks in Nigeria Abalaka, J.N; Ajiteru,S.A.R; Sulaiman T.H
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.191

Abstract

This study set out to investigate the connection between Nigerian deposit money banks' financial success and their dividend policies. This is accomplished by reviewing existing theoretical and empirical the signaling hypothesis served as the foundation for the study and the creation of literature. The Financial Statements and Annual Reports of 18 (18) Deposit Money Banks in Nigeria for the years 2015–2019 provided the data for this study, which used a longitudinal survey research approach. The arithmetic mean, standard deviation, minimum and maximum values, and the Auto-Regressive Distributed Lag (ARDL) regression technique were used to analyze the data produced for this study using both descriptive and inferential statistics. E-Views version 10 was used to calculate these. The study's conclusions showed that dividend policies had a mixed impact on the financial performance of Nigerian deposit money institutions. However, the dividend pay-out ratio significantly and negatively correlates with financial performance (return on equity), dividend yield has no discernible impact on the financial performance (ROE) of Nigerian deposit money institutions. The greatest African economy is that of Nigeria, which was rated as Determining the percentage of dividend payments that would improve financial performance in terms of return on equity requires management of deposit money banks to have a strong and sound dividend policy in place. They should also put in more effort to raise dividend yield and improve its influence on the financial performance (return on equity) of deposit money banks in Nigeria.
An Empirical Assessment Of The Central Bank Of Nigeria's (CBN) Policy is Used to Analyze the Factors That Influence Monetary Policy and the Stability Of Nigeria's Economic Growth. Sulaiman, T.H; Ajiteru, S.A.R; Abalaka, J.N
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.193

Abstract

This study examines the impact of the Central Bank of Nigeria's monetary policies on the Nigerian economy, specifically how these policies can be applied to foster economic growth. The research employs multiple regression models as the primary statistical method to analyze the relationship between key variables: money supply, average price levels, interest rates, labor force, and their effects on the Gross Domestic Product (GDP). Using data from 1981 to 2008, the study applies the Ordinary Least Squares (OLS) method to assess these effects comprehensively. The findings indicate that monetary policy, as reflected by money supply, positively influences GDP growth and improves the balance of payments, while also having a negative impact on inflation rates. The study suggests that the Nigerian money market should introduce a broader range of financial instruments to cater to the growing economy’s needs. Additionally, the recommendations emphasize the importance of designing monetary policies that create a favorable investment climate by adjusting interest rates, currency rates, and liquidity management mechanisms. By fostering a well-regulated and flexible monetary system, the Central Bank can further enhance the economic stability and growth of Nigeria, supporting sustainable development in the long term.
Analysis of Hotel Harper's Revenue Increase on the Regional Original Revenue of Medan City Edi Suprayetno; Abdiyanto Abdiyanto; Dewi Mahrani Rangkuty
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.202

Abstract

This study aims to analyse the increase in Harper Hotel revenue to Medan City's local revenue. There is a dependent variable, namely the Regional Original Revenue of Medan City, and two independent variables, namely lodging and other hotel revenue. This research uses primary data by conducting direct data searches on the management of Harper Hotel. The data analysis model in this study uses multiple linear regression. The results showed that the Lodging Revenue and Other Revenue Variables had a significant effect on Regional Original Revenue in Medan City.
Inventory Control to Reduce Costs Muhammad Bayu
Global Economics: International Journal of Economic, Social and Development Sciences Vol. 2 No. 1 (2025): Global Economics - International Journal of Economic, Social and Development Sc
Publisher : International Forum of Researchers and Lecturers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.70062/globaleconomics.v2i1.214

Abstract

In facing fluctuations in the demand for spare parts at PT. SUN STAR MOTOR SURABAYA to avoid shortages that could disrupt its business operations, the company must ensure it can meet customer demands for specific items or orders. This means the company will lose an opportunity to earn profits. Before applying Safety Stock, Reorder Point, Economic Order Quantity, Maximum Inventory, and Total Inventory Cost, the company frequently faced spare parts stock shortages. To solve this issue, Safety Stock, Reorder Point, Economic Order Quantity, Maximum Inventory, and Total Inventory Cost are applied to determine order quantity, order time, and inventory levels for reordering. The results from inventory calculations can help determine the optimal spare parts needs for the company.

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