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Nomico
Published by PT Anagata Sembagi Education
ISSN : -     EISSN : 30466318     DOI : https://doi.org/10.62872/apwm7d39
Core Subject : Economy,
Economics, Econometrics & Finance
The journal publishes original articles on current issues and trends occurring internationally in accounting, financial accounting, public sector accounting, auditing, economics, economics education, development economics, economic statistics, monetary economics, international economics, microeconomics, macroeconomics, econometrics, public economics, economic sociology.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekomomi dan Ekonometrika
Articles 212 Documents
 8   9   10   11   12 
The Impact of Globalization on Macroeconomic Stability and National Economic Policy in Developing Countries Loso Judijanto; Masyaili; Nun Arinal Haqqa El Mustafa; Izharuddin Pagala
Nomico Vol. 1 No. 11 (2024): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/nc6t8105

Abstract

This study aims to analyze the impact of globalization on macroeconomic stability and national economic policy in developing countries. Globalization has opened up various opportunities for developing countries in terms of international trade, foreign investment, and technology transfer, which can boost economic growth. However, the impact of globalization is uneven, with some developing countries being able to take advantage of it optimally, while others experience difficulties. There is an imbalance in the impact of globalization, where developing countries that are more integrated in the global economy tend to experience greater benefits, while those that are more isolated face greater challenges in terms of economic and policy stability. This study uses a quantitative approach with SPSS analysis tools to analyze data collected from 118 respondents in developing countries. The research discusses in depth how national economic policies can adapt to the changes brought by globalization, especially in terms of maintaining macroeconomic stability. The results are expected to provide an overview of the relationship between globalization and macroeconomic factors, as well as the economic policies needed to respond to the impact of globalization. The discussion in this study will focus on the challenges faced by developing countries, such as exchange rate fluctuations and inflation, and how fiscal and monetary policies can be optimized to create sustainable economic growth. The analysis will also provide policy recommendations to improve economic stability in the future
The Role of Fintech Technology in Improving Financial Inclusion and Financial System Stability Sri Imaningati; Eko Cahyo Mayndarto; Miftakhul Huda; Asri Ady Bakri
Nomico Vol. 1 No. 11 (2024): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/0zh4hm58

Abstract

The development of financial technology (fintech) has had a significant impact on improving financial inclusion and the stability of the global financial system. This study aims to explore the role of fintech technology in promoting people's access to financial services and its contribution to financial system stability. Fintech enables the creation of digital platforms that facilitate services such as electronic payments, peer-to-peer lending, and micro-investments, reaching segments previously neglected by the traditional banking sector. On the other hand, fintech innovations also strengthen supervision and transparency in financial transactions, potentially reducing the risk of financial instability. However, these developments also present challenges, including the need for appropriate regulation to address potential risks such as fraud and personal data management. This research uses a qualitative approach with literature analysis and case studies in several countries that have widely implemented fintech. The results show that fintech has great potential in increasing financial inclusion, but its sustainability and contribution to financial system stability depend on effective regulation and collaboration between the public and private sectors. This research lies in the lack of a thorough study of the regulatory challenges faced by developing countries in implementing fintech to increase financial inclusion without posing a risk of instability. A growing phenomenon is the rapid adoption of fintech in developing countries, yet its impact on financial system stability and associated risks are still not fully understood and adequately addressed
Opportunities and Challenges of the Blue Economy in Improving Coastal Economies Sugeng Siswanto; Heru Subiyantoro; Cicih Ratnasih
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/0kjb2m52

Abstract

This study investigates the opportunities and challenges of the Blue Economy in improving coastal economies, focusing on the management of marine resources, renewable energy utilization, marine ecosystem quality, sea-based tourism, and technological innovation. The research explores the impact of these factors on the growth and sustainability of coastal economies, with an emphasis on the challenges such as environmental issues, dependence on natural resources, and the need for better infrastructure and community skills. The findings reveal that Blue Economy initiatives can drive significant economic development by promoting sustainable resource management and boosting sectors like fishing, tourism, and renewable energy. The study underscores the importance of strategic policies, collaboration between stakeholders, and the adoption of innovative technologies to maximize the potential of the Blue Economy for coastal communities.
Economic Empowerment Based on Local Wisdom in Aceh Through The Mawah System Hasan Basri; Muhammad Ichsan Thaib
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/0zsq9d44

Abstract

The mawah (profit and loss sharing) system in Acehnese society seems to have been abandoned because it is considered unable to compete with the sophisticated and modern global economic system. In fact, mawah is substantively a populist economy that helps the lower middle class to play an active role in the economic sector while still providing mutual benefits for capital owners (shahibul mal) and capital managers (mudharib). In addition, the practice of usury through loan sharks is increasingly phenomenal in Acehnese society. Therefore, research on economic empowerment with the mawah system in the context of Acehnese local wisdom is very important to do. The purpose of this study is to reveal the economic empowerment of the community with the mawah system in the socio-cultural context and find the implications of mawah in economic empowerment with a socio-cultural approach. Qualitative research with data tracking techniques through observation, interviews and documentation in two locations, namely Aceh Tamiang and Pidie Jaya. The results of the study revealed economic empowerment with a local wisdom approach through the mawah system is still practiced in Acehnese society based on the principles of brotherhood, ta'awun(mutual help), amanah (credible), responsibility and honesty which are preceded by an oral agreement with a profit-loss sharing pattern. While the implication is that the mawah system can improve work ethics and productive efforts so that it can support and increase the income of family economists.
Analysis of the Implementation of PSAK 109 and PSAK 112 at the National Zakat Management Institution (LAZNAS) Yatim Mandiri Kepanjen Malang Khoirotul Inayah; Muhammad Hasyim Ashari
Nomico Vol. 1 No. 11 (2024): Nomico-December
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/zemtv613

Abstract

The purpose of this study is determine application of PSAK 109 about Zakat, Infaq/Sadaqah Accounting, and PSAK 112 about Waqf Accounting at LAZNAS Yatim Mandiri Branch Kepanjen about recognition, the measurement, presentation and disclosure that Zakat, Infaq/Sadaqah, and Waqf (ZISWAF). This research is a qualitative study with a descriptive approach. Data collection methods use in this study were interviews, observation, and documentation. The result showded at LAZNAS Yatim Mandiri branch Kepanjen have implemented about recognition, the measurement, presentation, but not implemented about disclosure of PSAK 109 about Zaqat, Infaq/Sadaqah Accounting. In addition LAZNAS Yatim Mandiri branch Kepanjen have implemented about recognition, the measurement, but not implemented about presentation and disclosure of PSAK 112 about Waqf Accounting.
Consumption Patterns in the Digital Age: Changing Consumers Behavior Affects the Global Economy Nova Yanti Maleha; St Hafsah Umar; Wiljan Atfentia Kotngoran; Miftakhul Huda
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/0bhtc013

Abstract

The development of digital technology has brought about significant changes in the consumption patterns of the global community. In the digital era, consumers increasingly rely on e-commerce platforms, social media and app-based services to fulfill their needs. This research aims to explore how changes in consumption patterns in the digital era affect consumer behavior and its impact on the global economy. This research uses a qualitative approach with a case study design and descriptive analysis to analyze the impact of economic digitalization on consumer consumption patterns, as well as the changes that occur in the business sector, especially in developing countries. The research found that digital consumers tend to be more informed, demand personalization, and care more about sustainability issues. E-commerce is a key element that is changing the way consumers interact with the market. In addition, digitalization is driving innovation in global business models, although it poses challenges such as digital inequality and data privacy. The results of this study provide important insights for governments and businesses to design strategies that are inclusive, sustainable and innovative. Policies and technological innovations need to be geared towards supporting changing consumption patterns, mitigating the challenges of digitalization, and capitalizing on global economic opportunities.
The Role of E-Commerce in Improving the Competitiveness of MSMEs in the Global Market: Opportunities and Challenges Ni Nyoman Suarniki; Mesak Yandri Masela; Dwi Danesty Deccasari
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/b9gt4150

Abstract

The rapid development of technology and information requires people to get to know and always be in touch with the internet. One of the new lifestyles born is shopping via the internet or often called e-commerce. The utilization of e-commerce is not only carried out by large companies, but also by micro, small and medium enterprises (MSMEs). This study was conducted to identify the utilization of e-commerce in order to improve the competitiveness of MSMEs. The results show that the use of e-commerce can increase MSME revenues, facilitate product introduction to consumers, and make it easier to get customers. In addition, e-commerce helps save promotion costs and increase transaction speed, which in turn can improve the competitiveness of MSMEs. This research also explores the role of e-commerce as a strategic tool to improve the competitiveness of MSMEs in the global market. Through e-commerce, MSMEs can expand their market reach, reduce operational costs, and improve interactions with customers through digital platforms. While offering a range of opportunities, e-commerce adoption also presents significant challenges, such as low technological literacy, infrastructure limitations, and cybersecurity risks. Using a qualitative approach, this study analyzes the opportunities and challenges faced by MSMEs in integrating e-commerce into their operations. The results confirm that successful e-commerce implementation requires technology investment, capacity building, and a supportive policy framework. E-commerce has transformative potential for MSMEs, but its effective utilization requires efforts to overcome existing barriers to ensure sustainable growth and global competitiveness.
Impact of Fiscal Policy on Economic Growth in Developing Countries Arjang Arjang; Hendri Khuan; Rudy Badrudin; Loso Judijanto; Ummy Kalsum; Rizal Ruben Manullang
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/06bv6z03

Abstract

This study examines the impact of fiscal policy on economic growth in developing countries, emphasizing the role of government expenditures and tax policies in shaping economic outcomes. The findings indicate a strong positive relationship between fiscal policy and economic growth, where government spending and tax measures significantly contribute to enhancing economic performance. Specifically, the study reveals that well-structured fiscal policies can effectively promote growth, with key fiscal tools such as public investment and tax reforms playing a vital role. The results suggest that developing countries can achieve higher economic growth by implementing strategic fiscal measures, which can address structural challenges and encourage sustainable development. The research provides essential insights for policymakers to design more efficient fiscal policies that foster long-term economic stability and growth.
Economic Review of the effectiveness of Natural Resource Management in improving the national economy Bagus Setiawan; Ria Astina; Cindi Pramita
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/bnf4bg08

Abstract

This study aims to analyze the effectiveness of Natural Resource Management (SDA) in improving the national economy with a descriptive qualitative approach. The Data was obtained through in-depth interviews, document analysis, and case studies from several countries that have implemented different natural resources management policies. The results showed that countries with sustainability-based natural resource management policies, such as the implementation of strict regulations, transparency of governance, and downstream industries, were able to increase the contribution of natural resources to national economic growth. Conversely, countries that still rely on exports of raw materials with no added value tend to face economic volatility due to fluctuations in global market prices. In addition, inequality in the distribution of Natural Resources benefits is also a major problem, where most of the benefits are only enjoyed by a few parties, while the affected local communities do not get the corresponding benefits. Therefore, the study recommends strengthening regulation, investment in the processing industry, as well as the application of circular economy principles to ensure sustainable and inclusive management of Natural Resources.
Evaluation of the impact of Monetary Policy on Macroeconomic Stability in Indonesia Loso Judijanto; Ikhyanuddin Ikhyanuddin; Putu Gede Subhaktiyasa; KMT Lasmiatun; Aloysius Jondar
Nomico Vol. 1 No. 12 (2025): Nomico-January
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/k0rtc218

Abstract

This study aims to evaluate the effect of monetary policy on macroeconomic stability in Indonesia in the period 2018-2023. Monetary policies implemented by Bank Indonesia, such as changes in benchmark interest rates and controlling the money supply, play an important role in maintaining inflation, exchange rates, and economic growth. Using time series-based quantitative methods, this study analyzed secondary data from Bank Indonesia, the Central Bureau of Statistics, and related international sources. The results showed that monetary policy is effective in controlling inflation and maintaining exchange rate stability, although external challenges such as fluctuations in global commodity prices continue to affect Indonesia's economic performance. Additionally, the study highlights the role of global financial market volatility and geopolitical tensions, which can limit the effectiveness of domestic monetary policies. Despite these challenges, Bank Indonesia's adaptive strategies, including macroprudential measures and policy rate adjustments, have contributed significantly to mitigating negative external shocks. This study provides recommendations for increased coordination between monetary and fiscal policies as well as monetary policy flexibility in facing the challenges of a dynamic global economy. Strengthening institutional frameworks and enhancing transparency in policy communication are also suggested to improve investor confidence and ensure sustainable economic growth.

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