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Contact Name
Aslan
Contact Email
aslanalbanjary066@gmail.com
Phone
+6285245268806
Journal Mail Official
aslanalbanjary066@gmail.com
Editorial Address
Jalan. H. Muckhsin Dusun Tanjung Mentawa, Tanjung Mekar Sambas Village, West Kalimantan, Indonesia
Location
Kab. sambas,
Kalimantan barat
INDONESIA
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Published by CV. Adiba Aisha Amira
ISSN : -     EISSN : 30633648     DOI : Zenodo
Core Subject : Economy,
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing Management, Financial Management, Production/Operational Management, Strategic Management, Islamic Business Management, Halal Industry Management, Hajj and Umrah Management, Zakat and Waqf Management / Islamic Philanthropy, Tourism Management, Banking Management, Industrial Management, Agribusiness Management, Business Administration and financial management within the scope of organisations both banking, hospitality, and others.
Articles 444 Documents
IMPACT OF AUTOMATION ON EMPLOYMENT IN DEVELOPING VS DEVELOPED COUNTRIES Loso Judijanto; Hadenan Towpek
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
Publisher : CV. Adiba Aisha Amira

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Abstract

This study aims to analyse and compare the impact of automation on employment in developing and developed countries. The literature review is conducted by examining various scientific literature, reports of international organisations, and secondary data related to changes in the structure of employment due to the adoption of automation technology. The results show that developed countries are generally better prepared for digital transformation thanks to adequate infrastructure, adaptive education systems, and progressive labour policies. Automation in developed countries tends to create new job opportunities in the technology and services sectors, although it still requires an increase in labour skills. In contrast, in developing countries, automation has the potential to cause greater disruption to employment, particularly in labour-intensive and informal sectors, due to limited access to education, training and digital infrastructure. The study concludes that to minimise the negative impacts of automation and maximise the opportunities, developing countries need to accelerate investment in education, digital skills training, and strengthening inclusive labour policies. The findings are expected to serve as a reference for policymakers and stakeholders in formulating adaptive labour strategies in the era of automation.
ADAPTIVE FISCAL POLICY: BALANCING ECONOMIC STIMULUS AND BUDGET SUSTAINABILITY Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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Abstract

This research discusses adaptive fiscal policy patterns and strategies in balancing the need for economic stimulus with the principle of budget sustainability in Indonesia. Through the literature review method, this research analyses the government's response to the economic crisis, particularly during the COVID-19 pandemic and other global challenges. The results show that adaptive fiscal policies, such as accelerated state spending, tax reforms, and financing innovations, are able to maintain economic stability, protect vulnerable groups, and encourage the recovery of strategic sectors. However, the effectiveness of short-term stimulus must be balanced with fiscal consolidation, deficit control, and strengthening the state revenue base to maintain fiscal sustainability. This study recommends the need for cross-sectoral synergies, periodic evaluations, and the development of innovative fiscal instruments to ensure that fiscal policy is not only responsive to the crisis, but also becomes the foundation of inclusive and sustainable economic transformation in the future.
ANALYSIS OF LOCAL TAX INCENTIVE POLICY IN ATTRACTING INVESTMENT AND CREATING LOCAL JOBS Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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This study aims to analyse the effectiveness of local tax incentive policies in attracting investment and creating local jobs. The method used is a literature study by reviewing various literatures, laws and regulations, official reports, and previous research results related to local tax incentives in Indonesia. The results of the analysis show that local tax incentives, such as tax reduction, exemption, and postponement of tax payments, contribute positively to increased investment and expansion of employment opportunities at the local level. However, the effectiveness of these policies is highly influenced by the regulatory design, institutional capacity, and ease of administrative procedures applied in each region. Challenges faced include regulatory complexity, limited supervisory capacity, and the need for policy harmonisation between central and local governments. This study recommends the need for periodic evaluation, simplification of procedures, and strengthening coordination between stakeholders so that local tax incentives can have an optimal and sustainable impact on economic growth and the welfare of local communities.
DIGITAL MARKETING STRATEGY FOR MILLENNIALS AND GEN Z: A LITERATURE REVIEW Al-Amin; Kurnia Budhy Scorita
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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This research aims to identify and analyse effective digital marketing strategies for millennials and Gen Z through a literature review. Both generations show characteristics of consumption behaviour that are highly influenced by the development of digital technology, with a high tendency towards visual, interactive, and authentic content on various social media platforms. The results of the study show that marketing strategies that promote personalisation, collaboration with influencers, and involvement in social and sustainability issues are better able to attract the attention and build loyalty of young consumers. In addition, the use of technology such as artificial intelligence, short videos, and mobile-first optimisation is a determining factor in the success of digital campaigns. By understanding the differences and similarities between the characteristics of millennials and Gen Z, companies can design digital marketing strategies that are relevant, innovative, and impactful in increasing engagement and sales in the digital era.
THE ROLE OF BLOCKCHAIN TECHNOLOGY IN STRENGTHENING THE SUPPLY CHAIN OF LOCAL AGRICULTURAL PRODUCTS Mahidin Fahmie; Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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This research aims to analyse the role of blockchain technology in strengthening the supply chain of local agricultural products through a literature review. Blockchain as a decentralised recording technology offers transparency, security, and efficiency in every stage of the supply chain, from production, distribution, to consumption. With an immutable record system that can be accessed in real-time by all stakeholders, blockchain is able to minimise the risk of counterfeiting, increase consumer confidence, and automate the transaction process through smart contracts. However, the implementation of blockchain in the local agricultural sector still faces various challenges, such as limited digital infrastructure, low technological literacy among farmers, and the absence of supporting regulations. This research concludes that collaboration between the government, business actors, and the farming community is needed to optimise the potential of blockchain. The integration of blockchain with other technologies such as IoT and AI in the future is expected to create a more transparent, efficient, and sustainable agricultural ecosystem.
UTILISATION OF BIG DATA ANALYTICS IN ACCOUNTING INFORMATION SYSTEMS TO IMPROVE THE QUALITY OF CORPORATE FINANCIAL DECISION MAKING Teguh Prakoso; Rina Apriliani
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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The utilisation of Big Data Analytics (BDA) in accounting information systems provides significant transformation opportunities in the company's financial decision-making process. This study aims to analyse the role of BDA in improving the quality of financial decisions through a literature study approach that reviews various research results and recent scientific publications. The results show that BDA integration enables real-time financial data processing, anomaly detection, trend prediction, and more accurate and comprehensive multidimensional analysis. BDA also contributes to improved audit efficiency, risk management, and integration of financial data with external data to support evidence-based strategic decisions. However, challenges such as the need for large technological infrastructure, data security, human resource competence, and implementation costs are still obstacles that need to be overcome. With the right management strategy, BDA can be an important tool in supporting the transformation of modern accounting functions and strengthening the competitiveness of companies in the digital era.
OPEN BANKING API IMPLEMENTATION: IMPLICATIONS FOR FINANCIAL SERVICES COMPETITION AND INNOVATION Rosa Fitriana; Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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Abstract

The implementation of Open Banking API has become a major catalyst in the transformation of the financial industry, especially in Indonesia, by encouraging open and secure integration of financial data between banks, fintech, and other industry players. Through standardisation such as SNAP initiated by Bank Indonesia, Open Banking API strengthens collaboration and healthy competition, thus spurring the creation of various digital financial service innovations, ranging from financial management applications, account aggregators, to data-driven payment and loan services. However, behind these opportunities, there are significant challenges related to data security, consumer protection, as well as infrastructure readiness and adaptive regulations. This research uses a literature review method to analyse the implications of Open Banking API implementation on the dynamics of financial services competition and innovation, and highlights the importance of policy harmonisation, improved digital literacy and strengthened governance to ensure an inclusive, efficient and highly competitive digital financial ecosystem in Indonesia.
GREEN MARKETING ANALYSIS IN IMPROVING CONSUMER LOYALTY Muh. Husriadi; Munawir Makmur; Muhammad Aswin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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Abstract

The coffee shop industry in Indonesia is facing fierce competition​ at a time increasing awareness consumer on environmental issues, so that the implementation of green marketing is an important strategy to increase loyalty consumers. This study aims to analyze green marketing implementation and its influence on loyalty consumers in coffee shop business actors. Method qualitative with a case study approach is used through interview in-depth, observation, and document study. The results of the study show that the implementation of green products, green processes, and green places is significant increase perception positive and loyalty consumers. Effective green marketing education and promotion also play an important role in shaping awareness consumers . However, business actors face constraint in the form of high costs, limitations knowledge, and support suppliers that are not optimal. The implications of this research emphasize importance training, collaboration with suppliers, and utilization of digital technology to strengthen green marketing strategies and sustainability of coffee shop businesses. This study contributes theoretical and practical in the development of sustainable marketing in the sector service.
FISCAL AND TAX IMPLICATIONS OF AN INCREASE IN CROSS-BORDER LABOUR Loso Judijanto
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
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Increased cross-border labour mobility is a global phenomenon that has a significant impact on fiscal and taxation policies, both in the country of origin and the country of destination. This study aims to analyse the fiscal and tax implications of this phenomenon using a literature review method of various related literature, regulations, and empirical data. The results show that remittances from migrant workers are an important source of foreign exchange that contributes to the economic growth and fiscal stability of the home country. However, there are challenges in optimising tax revenue due to differences in taxation systems, the risk of double taxation, and limited education and tax compliance of migrant workers. On the other hand, destination countries benefit from the tax contribution of foreign workers, but are also faced with issues of social protection and regulatory harmonisation. Therefore, an integrated policy is needed that includes harmonisation of international tax treaties, improvement of worker education and protection, and strengthening of monitoring systems to ensure optimal benefits and fiscal justice from cross-border labour mobility.
EXPLORING THE POTENTIAL OF QUANTUM COMPUTING IN REVOLUTIONISING RISK MANAGEMENT AND DIGITAL FINANCIAL SECURITY Loso Judijanto; Al-Amin
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
Publisher : CV. Adiba Aisha Amira

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Quantum computing offers revolutionary potential in the transformation of risk management and digital financial security. With the ability to process large-scale and complex data exponentially faster than classical computers, this technology enables risk analysis, portfolio optimisation and fraud detection to be performed with much greater accuracy and efficiency. Quantum algorithms such as the Quantum Approximate Optimisation Algorithm (QAOA) and quantum-based Monte Carlo simulations have been shown to improve the speed and precision of risk prediction in the financial sector, while innovations such as Post-Quantum Cryptography (PQC) and Quantum Key Distribution (QKD) are becoming key solutions to address the security threat of quantum computers' ability to break conventional encryption. However, the adoption of these technologies still faces major challenges, such as hardware limitations, high implementation costs, the need for skilled personnel, and the need for standardisation of new security algorithms. With continued research investment and cross-sector collaboration, quantum computing has the potential to shape a more resilient, adaptive and secure digital financial ecosystem in the post-quantum era.

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