Tamansiswa Management Journal International

Interrelationships Of Human Capital And Financial Investment Performance In Singapore

Yenni Fayanni, Fina Amaliah Hidayanti, Endah Ginanti, Aranya Anong — Mon, 10 Oct 2022 00:00:00 +0000

Investigating the connections and interrelationships between financial and human capital investment in Singapore is the goal of this study. We examine the link between human and financial capital investment performance in Singapore using the Vector Error Correction Model. With a research period from 2000 to 2020. We use secondary data from the World Bank. We found that increasing human capital by increasing health and education facilities in Singapore affects the quality of financial investments made by Singaporeans. Vice versa, an increase in financial investment in Singapore also supports an increase in human capital investment in Singapore.

Increase in Inflation Due to the Effect of Interest Rates in Indonesia

Mon, 10 Oct 2022 00:00:00 +0000

Inflation in Indonesia from 2000-2008 was relatively unstable, with inflation instability in Indonesia. The goal of this study is to examine a number of variables that affect monetary inflation. To determine how monetary factors influence inflation in Indonesia, we use multiple linear regression model estimates using time series data, tests of conventional assumptions, and statistical tests. We discover that interest rates play a significant role in determining inflation; rising interest rates will result in rising inflation. The key factor contributing to rising inflation is the interest rate, hence the monetary authority must work to keep interest rates stable to prevent inflation.

Monetary Policy Impact To FDI In Brazil, China And Russia

Rachmad Santoso, Budi Sasongko, Danyswara Madyasta, Adriana Morozov — Mon, 10 Oct 2022 00:00:00 +0000

The purpose of this study is to look at how monetary policy has an effect on foreign direct investment in Brazil, China, and Russia. Using the Panel Least Square (PLS) approach, this study examines how inflation and the currency rate affect foreign direct investment (FDI) in Brazil, China, and Russia. The result of this study is inflation suppressed the entry of foreign direct investment in Brazil, China, and Russia. However, an increase in the domestic exchange rate triggered an increase in foreign direct investment in Brazil, China, and Russia. This shows that controlling inflation and exchange rates on monetary policy in the three countries has had an impact on foreign direct investment (FDI) in Brazil, China, and Russia.

Domestic Saving, Credit Ratio, Money Supply Ratio, and Economic Growth in Germany

Jujur Harjuni, Muhammad Buswari, Nuri Maulana Ikhsan — Mon, 10 Oct 2022 00:00:00 +0000

This study's goal is to examine the effects of domestic saving, credit, and money supply on long- and short-term economic development in Germany throughout times of crisis and not-crisis, namely from 1990 to 2021. This study uses a research period from 1990 to 2021 using data from the European Central Bank (ECB) to investigate the causal relationship between the domestic saving, credit, and money supply on economic growth in Germany. This study uses a quantitative method using Error Correction Model (ECM) analysis. We found that Germany's economic development may be slowed by an increase in the percentage of money in circulation there. Short-term German economic development is supported by the country's variable bank credit ratio. On the other hand, over time, the German bank credit ratio actually slows down the country's economic expansion. German economic growth is influenced both short- and long-term by the domestic savings ratio variable.

Application Of The New Student Acceptance Policy According To Educational Zoning And Its Impact On The Economy In Indonesia

Mon, 10 Oct 2022 00:00:00 +0000

The implementation of the New Student Admissions policy in accordance with educational zoning brought changes in the aggregate because implementing students reached 21% of the population in Indonesia. This change also has an impact on the economy related to finance, namely Real GDP and inflation in Indonesia. So it is necessary to explore which impacts need to be corrected to stabilize the economy in Indonesia in this regard. This study aims to determine the impact of implementing the New Student Admissions policy in accordance with educational zoning which can increase real GDP and inflation. This research method uses a descriptive qualitative approach to literature by managing secondary data sources in the form of written data and figures in books, official websites and journal articles. Then analyzed by reduction, presented and made conclusions from the data obtained. It is known that the acceptance of new students in accordance with educational zoning can affect the increase in real GDP due to reduced traffic jams, the allocation of education costs is reduced and shifts to other real sectors, housing purchases that take into account educational zoning, boarding houses or restaurants for overseas children are starting to be sluggish, and spending government to equalize the quality of education in Indonesia. And at the same time it can increase inflation because people have excess money from the remaining reduced education costs so that they divert it to other sectors which causes demand to increase, prices rise and inflation occurs.

Influence Indonesia'S Economic Growth, Inflation, And Exports

Selvi Putri Dwi Ismania — Mon, 10 Oct 2022 00:00:00 +0000

Indonesia's economic growth is influenced by several factors, including inflation and exports. In this study, we have reviewed data from 2000 to 2020. We use autoregressive vector data analysis which can be used to determine the relationship between Indonesia's economic growth variables and inflation and exports. This basis is used to analyze economic growth, inflation, and exports in Indonesia with reference to data from the world bank and international transparency. We find that economic growth in Indonesia can increase due to several factors including in terms of the performance of human resources, technology, and international trade on exports. Economic growth in Indonesia will also decrease if there is a lot of unemployment by the Indonesian people themselves and the government. Carry out a monetary policy so that Indonesia's economic growth will increase.

Changes In Macroeconomic Factors And Their Implications On Islamic Banking Profitability In Indonesia (A Case Study Of Pt. Bank Muamalat)

Mon, 10 Oct 2022 00:00:00 +0000

Macroeconomic factors are external factors that can affect the profitability of Islamic banking. The macroeconomic factors examined in this study that are suspected to influence profitability are inflation, BI Rate (Bank Indonesia's benchmark interest rate), and the money supply. The research aims to determine macroeconomic factors consisting of; the impact of inflation, BI Rate, and the money supply on Return On Assets. The research object is PT. Bank Muamalat, and secondary data sources include the financial reports of PT. Bank Muamalat, the official website of Bank Indonesia, and the official website of the Central Statistics Agency. This research adopts a quantitative approach with multiple linear regression analysis using the semilog method. The research findings indicate that inflation, BI Rate, and the money supply have a significant influence on profitability. Therefore, it is expected that banks will continuously monitor the profit-sharing ratio and margins offered to customers to prevent a decline in profitability during monetary crises caused by direct inflation and subsequent changes in the money supply affecting the BI Rate.

Analysis of the Influence of Monetary Policy on Economic Growth in Indonesia in 2014-2018 in the Perspective of Islamic Economics

Mon, 10 Oct 2022 00:00:00 +0000

The objective of this study is to examine the impact of investment, interest rates, and money supply on the economic growth of Indonesia between 2014 and 2018. The research employs quantitative methods, specifically utilizing Ordinary Least Square (OLS) models for analysis. This investigation falls under the category of literature review or documentation research. The dataset utilized consists of time series data, primarily obtained from the official website of the Badan Pusat Statistik (BPS). The findings of this study reveal that investment, interest rates, and money supply collectively exerted a significant influence on the economic growth of Indonesia during the period of 2014-2018.

Analysis of the Influence of Investment, Inflation and Consumption on GDP in Indonesia in 2013-2021

Mon, 10 Oct 2022 00:00:00 +0000

Economic development in a country has the goal of achieving social welfare, which is done with a high-growth economy. This is important because both of them have a mutually sustainable relationship between national and regional development which creates stable, strong and equitable economic growth for all parties. However, the country's economy was built not to be directed solely to economic growth. As for the calculation of economic growth itself, it can use one of the variables, namely the measurement of GDP growth. The purpose of this study is to determine the impact of investment, inflation and consumption on Indonesia’s GDP from 2013 to 2021. The data used in this study are time series data and secondary data are from Bank Indonesia, Indonesia Economic and Financial Statistics (SEKI), World Bank and scientific journals. The Ordinary Least Square (OLS) approach was used in this investigation. Investments have a long-term favorable impact on GDP, therefore investments play an important role in increasing the economic growth and production capacity of the country. Indonesia's GDP variable, on the other hand, is not considerably impacted by inflation that occurs within the nation. High inflation does not significantly affect economic growth. However, it is still important for the government to maintain price stability and control inflation so that it does not have a negative impact on the economy. Consumption and GDP variables exhibit a strong and positive correlation. An increase in consumption will contribute significantly to GDP growth.

Comparing Islamic Banks with Conventional Banks During a Monetary Crisis in Indonesia

Alya Kujua Indonesiana Putri, Lusiana Dwi Putri, Muhammad Afaaf Aldeir Firdaus — Mon, 10 Oct 2022 00:00:00 +0000

The Monetary Crisis is one of the problems that really overshadows every country. Because, this case can occur in any country, even including Indonesia. Indonesia itself has experienced several periods of monetary crises. During these periods, there were also several levels of problems faced by the country. So this also affects banks in Indonesia. These banks have different resilience when experiencing this crisis. The banks referred to in this study are conventional banks and Islamic banks. In this study specifically to compare the resilience of the two banks during the Monetary Crisis in Indonesia. This study uses a qualitative study literature method. We found that the resilience of conventional banks is known as fairly strong resilience. However, this was broken when there was an Islamic bank. Conventional banks by implementing the Time Value of Money became the weak points of conventional banks during this monetary crisis. In addition, conventional banks' ROA, ROE, NPF, and BOPO levels are higher than Islamic banks. The average ratio of profit to assets and capital of Islamic banks is lower than that of conventional banks. When compared to Islamic banks, of course this bank has good resilience during a monetary crisis. This is because Islamic banks implement a profitsharing system. Of course there is no interest rate at this bank because in Islam, interest or usury is forbidden in Islamic teachings. In addition, Islamic banking can be minimized or even avoided. For negative spillover effects, where banks still have to pay very high interest rates (financing costs) to borrowers, while customer rates cannot be adjusted or say deposits are higher than loans, resulting in losses for banks. and creditors can increase the default rate.

Economic Digitalization And Economic Openness In Thailand

Aditya Budi Krisnanto, Sri Harnani, Baen Bopha — Mon, 10 Oct 2022 00:00:00 +0000

This research examines economic digitalization and economic openness in Thailand. We use secondary data from the world bank with a research period from 2000 to 2020. Then the data is analyzed to determine the effect between variables using ARDL. We founf that economic digitalization is getting stronger with economic openness where the more open a country is, the stronger it will be in economic digitalization. Import of information technology is something that can improve domestic technology and become stronger in carrying out the process of digitizing the economy. Investment becomes a supporter of digital economic growth so that investment, economic openness and technology imports become one supporting unit for economic digitalization.

Pros and Cons of Fiat Money and the Use of Dinar-Based Currency as a Benchmark for Exchange Rates

Tassyah Aprilia Sujono, Dwi Yuliana Hardiyanti, Indah Dwi Sri Jayanti — Mon, 10 Oct 2022 00:00:00 +0000

This article examines the failure of fiat money due to its artificial nature and the importance of a stable currency. This article examines the importance of stable cash and the disillusionment with government-issued currencies due to their counterfeit nature. We used a qualitative research method to review the literature on the use of fiat currency in Islamic economics and the stability of gold and silver as currency. We find that the stability of fiat money and its exchange rate in relation to the dinar dirham is the subject of research on the effect of inflation on economic expansion. To measure the exchange rate, the perspectives of experts on fiat money and the Dirham and Dinar currencies are compared in this study. By utilizing the functions of the Dirham and Dinar currencies, the results show the efficiency of the exchange rate policy with fiat money. Concentration also looks at the positive side of various currencies and suggests that currencies with natural value, such as the Dinar, are a better choice for protecting wealth and maintaining economic stability. The use of dinars and dirhams as cash is supported by several previous studies, while the use government issued currency is acceptable as long as there is no reasonable prohibition on Islamic sources.