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Handri Maika Saputra, S.ST
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gpijournal@gmail.com
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Jl. Palarik, Aie Pacah, Kec. Koto Tangah, Kota Padang, Sumatera Barat, 25176
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INDONESIA
Perspectives on Advanced New Generations of Global and Local Economic Horizons
ISSN : -     EISSN : 31236987     DOI : http://dx.doi.org/10.69855/panggaleh
Core Subject :
The Perspectives on Advanced New Generations of Global and Local Economic Horizons (Panggaleh) is an open-access, peer-reviewed scientific journal published by CV. Get Press Indonesia. The journal is a scientific media that focuses on research and development of economics and accounting. With coverage that includes Development Planning, Regional Economics, Public Economics, Industrial Economics, Institutional Economics, International Economics, Islamic Economics, Financial, Accounting, Auditing, Taxation, Implementation of Information Technology for Decision Support Systems, Development of E-Business or E-Government Systems. The Perspectives on Advanced New Generations of Global and Local Economic Horizons (Panggaleh) Journal aims to provide a platform for academics and practitioners to publish their research results. This journal is published periodically and is open to all groups, both academics and professionals, with the aim of improving the quality of knowledge and facilitating the exchange of ideas in the fields of economics and accounting. Perspectives on Advanced New Generations of Global and Local Economic Horizons (Panggaleh) is used to publish research published every month March, July, and November.
Arjuna Subject : -
Articles 26 Documents
Interoperability of Digital Payment Platforms (QRIS) and its Effect on Micro, Small, and Medium Enterprise (MSME) Transaction Costs Isma Nurrokhim; Yuni Astriana Khamidah; Izzatun Maghfirah; Nenny Syahrenny; Nuzul Ibnu Hajar
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 3 (2025): November, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i3.300

Abstract

The global shift toward digital payment platforms holds significant potential for Micro, Small, and Medium Enterprises (MSMEs), yet the fragmentation of these systems often creates costly interoperability barriers that impede operational efficiency and constrain growth. This research quantitatively assesses how the standardization initiative, specifically Indonesia’s Quick Response Code Indonesian Standard (QRIS), influences MSME transaction costs. Utilizing a quantitative design, the study synthesized secondary transactional data from Bank Indonesia (BI) and the National Payment Corporation of Indonesia (NPCI) (2019–2025) with primary survey data collected from approximately 1,200 MSMEs nationwide. Key variables analyzed included interoperability indices, actual transaction costs, operational efficiency, and adoption metrics. The findings conclusively demonstrate that QRIS interoperability leads to a quantifiable 3% to 5% reduction in transaction costs, drives a substantial increase in digital transaction volumes, and facilitates market expansion for MSMEs. Furthermore, operational efficiency and user trust were identified as critical factors mediating the positive relationship between interoperability and cost reduction. These results offer actionable evidence for policymakers and financial stakeholders dedicated to fostering MSME financial inclusion and catalyzing inclusive economic growth via robust digital infrastructure. Future studies should prioritize longitudinal analyses of interoperability’s long-term effects and effective strategies for bridging technological and literacy divides.
Assessing the Nexus Between Indonesia’s Government Bond Yields and Global Volatility Index (VIX) Sentiment Fahmi Sahlan; Diamond Limbonb; Fitriyani; Rizki Ramadhani; fithri suciati
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 3 (2025): November, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i3.301

Abstract

This study rigorously assesses the intricate long-run and short-run nexus between Indonesia's 10-year government bond yields and the Global Volatility Index (VIX) sentiment, using high-frequency daily data spanning the turbulent 2019–2023 period. Employing the flexible Autoregressive Distributed Lag (ARDL) model, we simultaneously analyze the impact of global volatility alongside crucial domestic macro-financial factors, namely the Bank Indonesia benchmark interest rate and the USD/IDR exchange rate. The results firmly establish a significant long-run cointegrating relationship, demonstrating that persistently elevated VIX levels positively and structurally correlate with increased bond yields, quantitatively confirming the demand for a higher sovereign risk premium by international investors during times of global uncertainty. The analysis also confirms the dominant influence of domestic factors, particularly the strong monetary policy transmission through interest rates. Crucially, the Error Correction Mechanism (ECM) reveals a rapid adjustment speed (????day), signifying the high responsiveness and efficiency of the market in incorporating both global and domestic shocks. These robust findings emphasize the critical necessity for policymakers and investors in emerging markets to systematically integrate VIX as a key macroprudential indicator into resilient sovereign debt management and strategic investment allocation frameworks.
MSME Development Strategy in Facing Digital Competition in Padang City Kusuma wijaya; Devi Maya Sofa; Achmad Wicaksono; Ali Hardana; Haldi Jofanda
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 1 (2025): March, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i1.379

Abstract

MSMEs play a vital role in the local economy but are often caught in a "digital transition trap." This study analyzes strategies to strengthen MSME competitiveness by examining the gap between digital awareness and practical optimization. To ensure empirical depth, a mixed-methods approach was employed, combining a survey of 50 MSMEs in Padang with in-depth interviews. Results show that while 63% use social media, only 28% utilize paid ads due to risk-aversion and limited algorithmic knowledge. Furthermore, qualitative findings highlight a "pseudo-digitalization" phenomenon where MSMEs remain platform-dependent without owning their brand data. Although 58% use digital payments, 46% still lack financial literacy. The study theoretically contributes to the concept of "Digital Independence" and provides a practical roadmap for sustainable mentoring over one-time training. This transition is crucial for achieving long-term competitive autonomy and business resilience in Padang City.
The Impact of Digital Marketing Exposure on the Consumption Behavior of Generation Z Students: Evidence from an Indonesian Public Junior High School Kusuma wijaya; La Ode Almana; Fitriyani; Haldi Jofanda
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 1 (2025): March, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i1.381

Abstract

This study analyzes the influence of digital marketing exposure on the consumption behavior of Generation Z students at SMP Negeri 31 Padang. Using a quantitative approach, data were collected from 75 purposively selected students through Likert-scale questionnaires. Descriptive analysis reveals that the majority of students experience high levels of digital marketing exposure. Simple linear regression analysis demonstrates a significant positive effect, with a regression coefficient () of 0.711 and a significance value of 0.000. The coefficient of determination () of 0.425 indicates that digital marketing exposure explains 42.5% of the variance in students' consumption behavior. These findings confirm that digital marketing serves as a powerful psychological trigger for impulsive consumption among early adolescents. The study's novelty lies in providing empirical evidence of digital marketing's impact on the "early adolescent" segment in a localized Indonesian context, highlighting their high susceptibility compared to older demographics. The implications suggest an urgent need for digital literacy interventions in schools to mitigate the risk of early-onset consumerist habits driven by pervasive digital stimuli.
The Relationship Between Determinants And Household Consumption Patterns In Lubuk Lintah Village, Padang City Burhanuddin; Ali Hardana; Wa Ode Irma Sari
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 1 (2025): March, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i1.382

Abstract

This study analyzes the determinants of household consumption patterns in Lubuk Lintah Village, Padang City, focusing on income, family size, education levels, and the prices of essential goods. These factors are critical in shaping how households prioritize expenditures, which ultimately dictates their economic resilience. Using a quantitative approach, the study surveyed 75 purposively selected households, with data analyzed through Pearson correlation and multiple linear regression. The findings indicate that income is the most dominant factor; as earnings increase, households transition from fulfilling basic survival needs to a more balanced allocation across secondary and tertiary goods. The number of family members significantly constrains this balance, as larger households are forced to prioritize high-volume food consumption, leaving little room for non-essential spending. Education acts as a qualitative driver, where higher literacy enables heads of households to manage budgets more rationally and efficiently. Furthermore, fluctuations in the prices of basic necessities create economic pressure that limits consumption flexibility, particularly for lower-income groups. Statistical analysis confirms these relationships, with an  value of 0.610, indicating that 61% of the variation in consumption behavior is explained by these variables. In conclusion, consumption patterns in Lubuk Lintah are fundamentally shaped by the interplay of economic capacity and demographic pressure. The study implies that price stabilization policies, income-generating programs, and enhanced financial education are essential to foster more sustainable and balanced household consumption behavior.
The Effect Of Education And Income On Household Consumption Patterns In Kelurahan Seberang Padang Burhanuddin; Azzahra Nikmatul Ilmi; Wulandari Pryangan; Nita Hasnita; Wa Ode Irma Sari
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 1 (2025): March, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i1.383

Abstract

This study examines the effect of education and income on household consumption patterns in Kelurahan Seberang Padang, motivated by preliminary findings showing that most households still prioritize basic needs over spending on education, health, and savings. Variations in consumption behavior were also observed, largely influenced by the education level of the household head and monthly income. Using a quantitative approach with survey techniques, the research involved 75 purposively selected respondents. Data were analyzed using multiple linear regression to measure the simultaneous and partial effects of education and income on consumption patterns. The results show that education has a positive and significant influence on consumption allocation (β = 0.28, p < 0.05), while income also significantly affects consumption behavior (β = 0.41, p < 0.01). Together, these variables explain 34% of the variation in household consumption patterns (R² = 0.34). The findings indicate that higher education and income levels encourage households to allocate a greater proportion of expenditure toward quality-of-life needs such as health, education, and savings. In conclusion, education and income play important roles in shaping consumption behavior in the community. The study implies the need for strengthening local programs related to education improvement and financial literacy to foster more balanced, productive, and sustainable household consumption patterns.
The Relationship Between Financial Management, Marketing, and Human Resources with the Competitiveness Of MSME Fidyah Arini Kusuma Wardhani; Supriyadi; Devi Maya Sofa; Rizki Ramadhani; Kusman Paluala
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 1 (2025): March, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i1.384

Abstract

Increasingly fierce competition in Pasar Raya Padang poses significant challenges for Micro, Small, and Medium Enterprises (MSME) in maintaining their market position. Many MSME face obstacles related to financial management, marketing strategies, and Human Resource (HR) management, which can hinder business growth and long-term sustainability. This study aims to analyze the relationship between financial management, marketing, and human resources with the competitiveness of MSME in Pasar Raya Padang. The research employed a quantitative method with a survey approach involving 50 purposively selected MSME owners. Data were analyzed using the Chi-Square test to determine the significance of the relationship among variables. The results showed that financial management, marketing, and HR have a significant relationship with MSME competitiveness. The Chi-Square test revealed p-values of 0.002 for financial management, 0.010 for marketing, and 0.030 for HR, all below 0.05, indicating statistically significant effects. MSME with better financial management, more planned marketing strategies, and more effective HR practices tend to demonstrate higher competitiveness. In conclusion, strengthening financial management, marketing, and HR is crucial for enhancing MSME competitiveness in Pasar Raya Padang. The study implies the importance of providing intensive training and mentoring programs to support MSME capacity building.
Strategic Leadership Capabilities and Organizational Agility: Evidence from Emerging Market Firms Yuniliza; Hery Pratama Putra; Selvi Yona Tamara; Murni Hayati
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 1 No. 3 (2025): November, 2025
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v1i3.417

Abstract

This study examines Strategic Leadership Capabilities and Organizational Agility: Evidence from Emerging Market Companies. In an era of increasingly dynamic global competition, companies operating in emerging markets face more complex challenges than those in developed markets. Strategic leaders are required not only to have a long-term vision but also to be able to manage change, empower employees, and make future-oriented decisions. The study method uses a Systematic Literature Review (SLR) to review and analyze previous studies relevant to this topic. The results show that strategic leadership and organizational agility have proven to be key pillars in creating long-term competitive advantage for companies in emerging markets. Strategic leadership plays a vital role in projecting vision, managing transformation, and anticipating external threats, while organizational agility provides the adaptive ability to respond quickly to technological changes, consumer shifts, and sudden competitive pressures. This complementary combination where strategic leaders form the foundation of an innovative culture and accelerate decision-making enables organizations to become more agile and responsive, which is ultimately crucial for achieving sustainable success amidst the high complexity and uncertainty of emerging markets.
Transmission of Public Sector Fiscal Policy on Intergenerational Vertical Mobility and Indonesia’s Human Capital Quality Maya Kasmita; Nita Hasnita
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 2 No. 1 (2026): March, 2026
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v2i1.469

Abstract

This research examines public sector fiscal transmission as a mechanism for addressing intergenerational poverty traps in Indonesia. Despite mandatory social spending, its effectiveness in promoting upward social mobility remains contested. This study empirically assesses the causal relationship between sectoral fiscal interventions particularly education and health expenditures and improvements in the Human Capital Index (HCI) and vertical mobility prospects. Using panel data estimation, the analysis covers 38 Indonesian provinces during the post-pandemic recovery period from 2021 to 2024. Data were obtained from the Ministry of Finance, the World Bank, and Statistics Indonesia (BPS), focusing on functional budget realization and quintile-based outcomes. The findings show that fiscal inputs positively affect human capital development but display diminishing marginal returns, with an R² of 0.684 indicating that administrative absorption often precedes qualitative improvement. Individuals in the lowest income deciles exhibit significantly lower mobility, suggesting that fiscal policy functions more as a redistributive safety net than a transformative instrument. Policy implications emphasize a shift from input-based allocation to results-based financing linked to learning and health outcomes, alongside the removal of non-financial barriers to enhance upward mobility for the bottom 20 percent. Future research should employ longitudinal micro-level data to assess long-term mobility effects.
Implementation of Green Accounting in the Manufacturing Sector and Its Implications for the Socio-Economic Resilience of Local Communities Nenny Syahrenny
Perspectives on Advanced New Generations of Global and Local Economic Horizons Vol. 2 No. 1 (2026): March, 2026
Publisher : CV. Get Press Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.69855/panggaleh.v2i1.471

Abstract

This research addresses the critical conflict between manufacturing expansion and environmental degradation in Indonesia, where traditional accounting often fails to internalize social costs. Purpose: The study aims to evaluate how green accounting implementation influences local socio-economic resilience by testing the hypothesis that environmental cost transparency correlates positively with community welfare. Methods: Utilizing a quantitative causal-comparative design, the study analyzed secondary data from a purposive sample of 142 manufacturing firms listed on the Indonesia Stock Exchange (IDX) that participated in the Ministry of Environment and Forestry’s (KLHK) PROPER program between 2021 and 2024. Data were extracted from verified sustainability reports and official environmental audit scores, focusing on variables such as environmental protection expenditure (EPE) and local community investment indices. Results: Multiple linear regression analysis ( ) reveals that green accounting disclosure significantly boosts community resilience ( ), with firms achieving "Gold" PROPER ratings demonstrating 78.4% local labor absorption and superior infrastructure contributions. Implications: These findings suggest that integrating ecological costs into financial frameworks serves as a vital policy instrument for mitigating social conflict and enhancing corporate legitimacy. Conclusion: The study affirms that environmental transparency is essential for industrial sustainability, recommends standardized green audits by OJK and KLHK, and calls for longitudinal community happiness indices in future research.

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