Economic Growth Of Country Research Articles

Hak Kekayaan Intelektual Bagi Produk Kreatif Usaha Kecil Menengah dengan Perlindungan Hukumnya Di Kabupaten Buleleng

Indonesia is known as a state of law that has regulated various protections of ideas in the form of innovation and creativity that have various economic values ​​through many laws and regulations related to Intellectual Property Rights. This is very necessary because as we know Indonesia has enormous potential in the creative industry and abundant natural resources. The rapid development of the creative industry in Indonesia greatly contributes to the country's economic growth. Where it can be seen from year to year there are always updates and additions to the number of creative products both from young people and community groups engaged in entrepreneurship. The existence of UMKM and their policies have been implemented and used through several laws and regulations, in the context of developing the business climate, including Law No. improve the expertise and position and institutions of Micro, Small, and Medium Enterprises in the national economy. Various aspects and actions of the government covering many things in terms of production, marketing and branding are carried out so that MSMEs are able to compete in the national and international realm. economy through many laws and regulations related to Intellectual Property Rights. This is very necessary because as we know Indonesia has enormous potential in the creative industry and abundant natural resources. The rapid development of the creative industry in Indonesia greatly contributes to the country's economic growth. Where it can be seen from year to year there are always updates and additions to the number of creative products both from young people and community groups engaged in entrepreneurship. The existence of UMKM and their policies have been implemented and used through several laws and regulations, in the context of developing the business climate, including Law No. improve the expertise and position and institutions of Micro, Small, and Medium Enterprises in the national economy. Various aspects and actions of the government covering many things in terms of production, marketing and branding are carried out so that UMKM are able to compete in the national and international realm.

Энергоэффективное управление системой отопления для зданий с циклическим режимом работы

Lack of energy can be a significant factor holding back the country's economic growth. At the level of objects of energy consumption, this problem can be solved by developing systems for energy efficient management 
 of the consumption of energy resources, taking into account the peculiarities of the functioning of specific objects. There is considered a heating system of the building of the OSTROVskiy shopping center (SC) (Astrakhan). There has been made engineering evaluation analysis of energy saving and energy efficiency measures of the building. Engineering evaluation analysis of the building and the heating system of the SC as a control object was carried out, the main regulated, regulating and disturbing quantities were identified. A functional model of a SC as a thermal facility has been developed. To calculate the air temperature inside the building, a thermal model of the object was built based on the thermal characteristics of the building envelope. The correspondence of the model to the real thermal characteristics of the building is shown. A control system for the heating point of SC was developed using the Totally Integrated Automation Portal software. The interface of the control and management system for the heating point of SC has been developed. An algorithm for the heating system functioning in an energy-efficient mode is proposed, taking into account the cyclical mode of operation of SC. A comparative evaluation of the effectiveness of the proposed control system for a thermal substation in the modes of constant performance, variable performance with manual control, variable performance with automatic energy-efficient control has been carried out. It is shown that the use of the proposed method of energy efficient control makes it possible to reduce the consumption of thermal energy by 21.7% compared to the constant performance option used.

Implementation of the X-Means Algorithm on Unemployment Data in West Java

The unemployment rate is a serious issue in many countries, including Indonesia, with impacts that encompass psychological pressure, declining living standards, reduced national income, and diminished workforce quality. High unemployment rates can lead to poverty, resource wastage, and have implications for a country's economic growth. Additionally, inadequate workforce quality is a determining factor in unemployment rates. The objective of this study is to classify unemployment data, specifically in West Java Province, using the X-Means algorithm based on educational levels and districts/cities, in order to examine the fluctuations in unemployment. The research findings indicate fluctuations in the number of unemployed individuals in West Java Province from 2011 to 2022. The low unemployment rate in West Java Province experienced a 66.7% increase in 2014-2015, remained stable in 2017-2019, while the high unemployment rate decreased by 80% in 2014-2015, remained stable in 2017-2019, but increased by 20% in 2020-2022. Furthermore, Bogor Regency consistently recorded the highest unemployment rate in each cluster, with a total of 135,000 unemployed individuals in Bogor Regency in 2017-2019, while the education level with the highest unemployment rate was junior high school graduates

The Influence of China’s Belt and Road Initiative of Economic Crisis in Sri Lanka

<p><span lang="ZH-CN">Sri Lanka, as a country in the South Asian region, is bordered by southeastern India and is in the southern Indian Ocean Sea region. This makes Sri Lanka a country with fast trade and maritime traffic, as well as a seaport. Bilateral connections have existed between Sri Lanka and China since the country's inception, and have been enhanced by financial and other aid supplied to the Sri Lankan government throughout the civil war against the separatist organization Liberation Tigers of Tamil Eelam (LTTE). Negotiations between Sri Lanka and China ended in 2017 with a deal for a Chinese-owned business, China Merchant Port Holdings Company Limited, to acquire almost 85% of Hambantota Port shares for 99 years. Because developed countries clearly have a more dominant role in the process of economic globalization, The research method used is normative law research with a case approach. The results show Sri Lanka's dependence on foreign investment to drive a country's economic growth. Therefore, this study aims to determine the legal arrangements governing the effects of the Belt and Road on the economic crisis in Sri Lanka from the perspective of international law and to determine the positive and negative impacts on the planned project</span><span lang="ZH-CN">.</span></p>

Pengembangan Usaha Kuliner Tahu Walik Melalui Pendekatan Kewirausahaan

Culinary business is an economic sector that continues to grow, especially in the food business made from Tahu Walik. This study aims to explore and analyze the development potential of Tahu Walik culinary businesses through an entrepreneurial approach. Data were collected through in-depth interviews with business owners and direct observation at the business location related to marketing and management strategies that have been implemented. The results showed that the entrepreneurial approach plays an important role in the development of the Tahu Walik culinary business. In addition, there is the potential and uniqueness of Tahu Walik as a culinary product as well as supporting factors and obstacles in the implementation of the Tahu Walik culinary business. By utilizing the potential and uniqueness of the product and overcoming existing obstacles, the Tahu Walik industry can continue to grow and contribute to the preservation of Indonesia's culinary culture and the country's economic growth.

The Use of Photovoltaic Technology in Albania: A Good Opportunity to Face the Energy Crisis

Albania is a country with a great potential for solar energy due to its geographical location and favorable climate conditions. Albania's high levels of sunlight offer a chance for the nation to use PV technology to harness solar energy. Currently, the total installed capacity of solar energy in Albania is around 70 MW, which represents only a small fraction of the country's potential. Most of the existing solar power plants in Albania are small-scale installations, with a capacity of less than 5 MW. This paper will focus on the use of photovoltaic (PV) technology in Albania as a potential solution to the energy crisis that the country currently faces. Albania, like many other countries, relies heavily on imported fossil fuels for its energy needs. Due to this dependence, the country's economic growth and development are severely damaged by the oil crisis. In addition to lowering Albania's reliance on fossil fuels, the deployment of PV technology can help the country develop a sustainable and ecologically friendly energy system. The adoption of PV technology can also foster economic expansion and generate new job possibilities. The future of PV technology in Albania looks promising, as the country continues to implement policies and incentives to encourage investment in renewable energy sources. However, there are a number of obstacles to the adoption of PV technology in Albania, including poor infrastructure, a lack of funding, and low technical know-how. Participation from both, the public and business sectors as well as international organizations will be necessary to address these difficulties. The use of PV technology in Albania presents a good opportunity to address the country's energy crisis and transition towards a sustainable energy system. With proper investment and support, Albania can become a leader in solar energy in the region, creating a positive impact on the environment and the economy.
 
 Received: 05 May 2022 / Accepted: 15 June 2023 / Published: 23 July 2023

Impact on mental health due to COVID-19 pandemic: A cross-sectional study in Bangladesh

The government of Bangladesh has implemented the “Stay Home” policy following the WHO recommendation to resist the community transmission of Covid-19. As a result, the routine activities of all government, semi-government establishments, including educational institutions, are severely affected, and the country's economic growth becomes slowed down. To overcome such a situation, the relevant authorities have introduced the “Work from Home” policy for the employees and “Remote Education” for students. However, due to the persistence of multi-dimensional socio-economic problems, many employees and students face big challenges in performing their regular jobs while adopting such a policy. Consequently, enormous psychological anxiety has been developed for all people, including students, parents, employees, etc., and concurrently created severe changes in their behavior. This study aims to analyze the reasons for the behavioral changes of the employees, students, academic staff, and family members of different ages due to psychological anxiety, stress, or physical issues. A comprehensive online-based survey has been carried out on people working in various sectors in Bangladesh. A modified Apriori Algorithm has been used to sort out the associations between the causes and types of behavioral changes. Analyzed data revealed a massive human behavioral change in most participants. This finding indicates that the negligence of those significant human behavioral changes may cause a higher risk of creating psychological imbalance. Therefore, there is a need to have a solid understanding of the reasons for the behavioral changes and set up standard guidelines to maintain “Work from Home” in this Covid-19 situation to avoid psychological imbalance. Based on this study, some suggestions have been given for implementation by the government on an urgent basis.

Climate Impact and Feasibility Analysis of Global Green GDP Based on Improved Weight Method and K-Means Method

Gross domestic product (GDP) is a widely used economic indicator, but it does not consider economy related to natural resources. It may not accurately reflect a country's economic well-being. In this study, the potential of using "green GDP" (GGDP) and the GGDP index as primary indicators of economic health with a focus on climate implications is explored. The article proposes a new GGDP model and index that incorporate three key factors including environment, economy, and society with four quantifiable indicators within each factor. The weights for the indicators are calculated based on improved weight method containing entropy weight method and CRITIC method. GGDP model places emphasis on climate mitigation and employs grey correlation analysis and univariate linear regression. Furthermore, the GGDPGI model has been developed to assess the feasibility of replacing GDP with GGDP as the primary measure of economic growth. Our results suggest that using GGDP and the GGDP index as primary indicators is not only feasible but also meaningful for evaluating a country's economic growth.

Pengaruh Pertumbuhan Ekonomi, Pengeluaran Konsumsi Rumah Tangga, dan Pengeluaran Pemerintah terhadap Indeks Pembangunan Manusia di Kota Surabaya

Economic growth is one measure that can determine whether a country's development efforts have been successful. Development is a cycle used to achieve national goals. Population growth, fundamental changes in the economic system, and income equality all contribute to a country's economic growth. To assess these aspects, human development indicators can be used. This research examines the influence of household consumption, government spending and economic growth on human development indicators in Surabaya city from 2011 to 2020. The Ordinary Least Squares approach is useful as conducting multiple linear regression analysis in this research. The results of the research show that public spending and economic expansion have a significant impact on HDI. However, HDI growth is only marginally affected by household consumption expenditure. The research recommends encouraging community empowerment, especially for the disadvantaged in education and health. This should be done in conjunction with increased strengthening of the economic structure and improvement of Surabaya's urban environment.

In a Search for Contemporary Growth Drivers: Does Public Healthcare Entrepreneurship Affect Economic Growth?

Entrepreneurship has been long recognized as an essential driver of economic growth. It is widely accepted that entrepreneurship increases innovation, firm formation, employment, and overall GDP. Despite the increasing research on both public entrepreneurship and entrepreneurship in healthcare, these different research areas have not been combined that much. To fill this research gap, this paper analyses whether public healthcare entrepreneurship influences economic growth. This study exploits the WHO Global Health Observatory database approximating various dimensions of entrepreneurship by specific aspects of compliance with international healthcare regulation. The study uses data for 170 countries from 2010 to 2019. Using the fixed effect panel setting, it tests whether improvements in public healthcare entrepreneurship (PHE) affect a country's economic growth. The results suggest that higher entrepreneurial orientation in public healthcare is associated with larger effects on output per capita, which is channelled through productivity. However, after reaching certain level of PHE development, the contributions to growth start diminishing. The findings from this paper produce several implications. First, by exploring the nexus between public entrepreneurship and healthcare entrepreneurship it introduces the concept of public healthcare entrepreneurship explaining its theoretical and empirical importance. It further provides empirical and quantitative support to the view that developing public healthcare entrepreneurship plays a role in achieving a higher output per effective worker. Thereby, this study provides evidence of a non-linear relationship between public healthcare entrepreneurship and growth. Finally, given the statistical and economic significance of the results, these findings motivate policymakers to consider developing policies that guide developing entrepreneurial orientation within public healthcare. We believe this is possibly the first study that considers entrepreneurial orientation withing a public sector into the economic growth discussion.

Analisis Pengaruh Perdagangan Internasional Terhadap Pertumbuhan Ekonomi Indonesia

International trade greatly affects the economic growth of a country. One indicator of economic growth is the Gross Domestic Product (GDP). This study uses the scientific method approach and hypothesis testing. Types and sources of data used are quantitative data. International Trade has several positive impacts and negative impacts on the Indonesian state. International trade and economic growth are two things that cannot be separated because it is through free markets or international trade that a country's economic growth can increase.

Qualité des institutions et croissance économique dans la région MENA : une analyse par la méthode des moments généralisés

Institutions, whether they are political, legal, financial, or administrative, provide the framework and necessary rules for a stable and prosperous economy. Strong governance, the rule of law, transparency, and the fight against corruption are all factors that foster an environment conducive to investments, innovation, and job creation. The objective of this article is to examine the influence of institutions on the economic performance of countries in the MENA region. The study focuses on a panel of 14 countries for the period 1996-2021, using the Generalized Method of Moments (GMM) dynamic system approach proposed by Blundell and Bond (1998). The results demonstrate that institutions have a positive and significant effect on the economic growth of countries in the MENA region.

La relation entre la dette extérieure et la croissance économique au Maroc : Investigation empirique

The relationship between the external public debt and the economic growth of countries has always been controversial. The purpose of this article is to analyze empirically the impact of the external public debt and the economic growth of Morocco in the period 1984 to 2021. In order to achieve that, a methodology based on a proposal of an empirical and theoretical literature review that treats this problem has been used on the first hand. On the other hand, an econometric analysis has been utilized to detect if there is a long-term growing relationship between the external debt and the Moroccan economic growth.

The Relevance of Monzer Kahf's Views on Islamic Banking in Indonesia

This article aims to analyze the relevance of Monzer Kahf's view of Islamic banking to the development of Islamic banking in Indonesia, with a particular focus on Bank Syariah Indonesia (BSI). Although Islamic banking has grown rapidly in Indonesia, there are still challenges in understanding the factors that influence its success and how these banks can serve the community more effectively. To achieve this goal, the method used is library research, which aims to collect some information obtained through books, journals and online media that have relevance to the topic with Monzer Kahf's Islamic banking thinking and secondary data on the development of Bank Syariah Indonesia. The results of the analysis show that some of the key factors identified by Monzer Kahf, such as increasing the form of deposits, improving the quality of customer service, expanding the banking service base, capital protection, and providing social and humanitarian services, are very relevant in the context of the development of Islamic banks in Indonesia. Bank Syariah Indonesia, as the largest Islamic bank in Indonesia, plays an important role in driving the country's economic growth. In addition, the bank is also expected to improve its social services to the community through various aspects, including education, health, environment and renewable energy. In conclusion, Monzer Kahf's views on Islamic banking are highly relevant to the development of Islamic banking in Indonesia.

Do Corruption and Institutions Contribute to the Economic Growth in ASEAN Countries During 2000-2018?

This study attempts to estimate the impact of corruption and institutions on economic growth in ASEAN countries during 2000-2018. The corruption perception index and six indicators of institutions are utilized. The basic empirical model is derived from the theory of the Solow Growth Model. Two econometrics techniques were employed: statics panel data and panel-vector autoregression. The findings exhibit that the corruption perception index does not contribute to economic growth. Conversely, some institutional indicators (voice and accountability and control of corruption) significantly impact economic growth under random effects model estimation. Moreover, the quality of regulation and the fight against corruption have a significant impact on economic growth in terms of panel-vector autoregression. Therefore, governments should strengthen anti-corruption institutions and raise the standard of institutions on both a national and an ASEAN level.

Factors Affecting the Attraction of Visitors from the Agricultural Education Tour in the Tani Belimbing Group, Artha Mandiri, Tulungagung District, Indonesian Country

Tourism is an important and most developed sector in the current era in supporting a country's economic growth. The tourism industry is currently able to produce products and services that are able to meet the needs of tourists so that tourists have a sense of satisfaction when they come to tourist sites. Tulungagung Regency has enormous potential related to tourist destinations. One of them is the Artha Mandiri Starfruit Farmers Group Agricultural Education Tour. Agricultural education tourism is a tour that prioritizes education or learning related to agriculture for tourist visitors. However, some aspects of educational tourism have not been able to maximize the potential to provide an optimal attraction for tourist visitors. This resulted in a very volatile related to the number of tourist visitors. The purpose of this study was to analyze the factors that influence the attractiveness of tourist visitors. The research method used is descriptive quantitative. Determination of the sample of respondents using proportionate stratified random sampling technique, and data analysis used is multiple linear regression. The results of this study indicate that 95% of visitors' attractiveness is in the high category. The factors that can affect the attractiveness of visitors at the location of agricultural education tourism in Tulungagung Regency are tourism material variables, accessibility, facilities and infrastructure, services, product quality and tourism concepts.

EMPOWERING ENTREPRENEURS: EXPLORING THE ROLE OF ECOSYSTEM FACTORS IN DRIVING GROWTH INTENTIONS IN NEPAL

Developing new businesses and expanding existing ones are crucial for a country's economic growth, as these activities lead to job creation and the opening of new markets. Growth, in business world, is often viewed as a desirable objective. It serves as important indicator of a company's success and plays major role in the job creation, prosperity, and global economic progression. A supportive ecosystem, comprising elements like individuals, organizations, governments, and support systems, is necessary to foster the entrepreneurship. These work synergistically to promote business creation and growth. This study aimed to determine influence of entrepreneurship ecosystem factors on entrepreneurs' growth intentions. Target population for the study comprised entrepreneurs who have already established their ventures. A total of 158 responses were collected using survey methods. The study used Smart PLS software, revealing positive association between socio-economic factors and entrepreneurs' growth intentions. Based on this positive association, we recommend enhancing the support systems within entrepreneurship ecosystem in Nepal. Strategic focus on education, networking opportunities, and financial support systems can significantly enhance entrepreneurship ecosystem, fostering the growth and success of businesses in Nepal.

Drivers of Health Insurance Coverage in Low Income Settlements: A Case of Kibera Informal Settlement, Nairobi County, Kenya

Insurance is critical for any country's economic growth and development to be sustainable. In rural areas of Kenya, among the illiterate, unemployed, poor, and vulnerable in society, health insurance adoption is extremely low. This paper focuses on determining the drivers for health insurance uptake among low-income populations in Kibera, Nairobi County. Semi structured questionnaires were administered to households located in Kibera informal settlements to collect data. The Yamane (1967) formula was used to select the sample size. Simple random sampling was adopted in selecting 399 respondents. Both descriptive and inferential analysis were conducted. The binary probit regression model was employed. Health insurance ownership was used as the dependent variable while age, gender, marital status, household size, school attainment, occupation, income levels, religion, cultural beliefs, frequency of hospital visits, cost of premiums, and pre-existing illness were used as the independent variables. Findings revealed that only 27.6 percent of the respondents had health insurance coverage. The findings further revealed that occupation, income levels, and religion significantly influence health insurance ownership among low-income populations in Kibera, Nairobi. Public health insurance cover was the most owned type of health insurance scheme. Recommendations were highlighted for the ministry of health and other relevant stakeholders to raise knowledge on the various health insurance options available and improve flexibility of the products to drive insurance uptake. In addition, national and county governments need to develop programmes and policies that could empower households in the informal settlements. Further, it is necessary for the government to subsidise the cost of acquiring public health insurance covers since this would encourage uptake among low-income families. The ministry of health should also work in conjunction with various religious denominations to campaign for uptake of health insurance among the poor.

Financial Literacy Level of Dry Market Vendors

Dry goods retail businesses are significant to one country's economic growth. However, despite being integral to the economy, small and large businesses are suffering challenges due to the unprecedented coronavirus crisis, which has caused destruction for many businesses. It is challenging to survive with reduced revenue, lost jobs and weak marketing performance. Therefore, the business survival of micro businesses in the present depends largely on sound financial management; financial literacy is one that enhances the capability to understand financial knowledge. To be considered financially literate, one must have a high level in all three aspects. This research determined the level of financial literacy among the 70 dry goods vendors in Subic Public Market, Philippines, in terms of their financial knowledge, financial behavior, and financial attitude, on how they managed their funds and finances during the pandemic; and further determined whether their financial literacy level differs based on their profiles. The respondents are very highly financially literate, wherein their financial knowledge and behavior vary depending on their sources of income, and their financial attitude varies depending on their age. The current findings are useful to dry market vendors not only in the research locale but to other vendors across the country as it will aid them in assessing themselves and making relevant decision-making to simple and crucial financial practices.

Macroeconomic Effects on Economic Growth in Muslim Countries: Political System as A Moderating Variable

<p>This study seeks to explore the role of the political system in supporting the influence of macro variables on economic growth in the world's Islamic countries. Data obtained from the world bank during 2010-2021. The econometric model used in the research is the Generalized Method of Moments (GMM). The main finding is that the political system has a significant negative effect on growth. This negative effect is caused by the low value of the political index determined by world governance indicators. In addition, foreign direct investment and remittances are still the main variables in supporting economic growth in the Islamic countries of the world. In contrast, interest rates show negative effects on economic growth. Further results show that an ineffective political system is unable to strengthen the relationship between foreign direct investment, remittances, and interest rates on economic growth. These findings serve as an evaluation for the 2025 OIC internal implementation action program.</p><p><strong><em>Abstrak</em></strong></p><em>Studi ini berusaha untuk mengeksplorasi peran dari sistem politik dalam mendukung pengaruh variabel makro terhadap pertumbuhan ekonomi di negara Islam dunia. Data diperoleh dari world bank selama tahun 2010-2021. Model ekonometrika yang digunakan dalam penelitian ialah generalized method of moments (GMM). Adapun temuan utamanya ialah sistem politik berpengaruh negatif signifikan terhadap pertumbuhan. Efek negatif ini disebabkan dengan rendahnya nilai indeks politik yang ditentukan oleh world governance indicators. Selain itu, investasi asing langsung dan remitansi masih menjadi variabel utama dalam mendukung pertumbuhan ekonomi di negara-negara Islam dunia. Sebaliknya, tingkat suku bunga menunjukkan efek negatif terhadap pertumbuhan ekonomi. Hasil selanjutnya ditunjukkan bahwa sistem politik yang tidak efektif tidak mampu memperkuat hubungan antara investasi asing langsung, remitansi, dan tingkat suku bunga terhadap pertumbuhan ekonomi. Temuan ini menjadi evaluasi untuk program aksi OKI 2025 yang saat ini masih berlangsung.</em>