Economic Order Research Articles

A Framework for Blockchain Alignment for Implementing Public Business Registers: A European Perspective

This paper examines the alignment of blockchain architecture with the specific requirements of public business registers in Europe. Through a comprehensive literature review, categorization of blockchain models, and analysis of European public business registry cases, this study develops a framework to guide blockchain adoption in public registries. A distributed ledger taxonomy tailored for business registers is presented. This article also introduces a registry mapping procedure and addresses security concerns essential for the transition to blockchain-based architectures. Blockchain technology, popularized in 2009, has evolved into a versatile tool with applications across various domains, including the public sector, where its potential for decentralized solutions is especially promising. In particular, strategic systems that constitute the backbone of the legal and economic order require special considerations providing superior quality and the appropriate level of security. This study proposes a categorization method, outlines a registry mapping procedure, and discusses security concerns integral to blockchain implementation in public registries. The potential of blockchain technology to change the architecture of public business registries is also discussed.

Inventory Management Model for Batik Entrepreneurs in Laweyan Batik Village Based on Web Technology

This study analyzes the effectiveness and efficiency of implementing web-based technology in inventory management to support the sustainability of batik businesses in Kampung Batik Laweyan, Surakarta. Unlike companies that have good inventory records, batik entrepreneurs in this area still use manual records with demand-based production. This study uses a qualitative approach with a field study method to gain an in-depth understanding of the inventory management problems faced by batik entrepreneurs. Data collection was conducted through interviews and Focus Group Discussions (FGD). The results of the study indicate that inventory management is not optimal due to the absence of an effective control method. Purchases of raw materials are still based on estimates without careful planning, and there is no classification of inventory costs. The implementation of the EOQ (Economic Order Quantity) method has been shown to increase efficiency by determining the optimal order quantity and the right time to reorder. The implementation of a technology-based system has been shown to be more effective than manual records, with benefits such as increased data accuracy, operational efficiency, and reduced risk of recording errors. Overall, a technology-based system is an important strategy in increasing the competitiveness and sustainability of batik businesses in the digital era.

Economic order and constitutional order

It is indicated that the architecture of the modern state and its socio-economic development are based on two fundamental categories - the constitutional order and the economic order. These categories form a complex system of interdependent relations: on the one hand, the norms of the constitution outline the legal field for economic activity, and on the other - economic processes affect the implementation of constitutional principles and observance of citizens’ rights. The article examines the relationship between the constitutional order and the economic order as fundamental categories that determine the architecture of the modern state. Theoretical approaches to understanding the essence of the constitutional order and its relationship with the categories «state order» and «social order» are analyzed. The features of the constitutional and legal regulation of economic relations and the role of the constitution in the formation of the economic system of the state are highlighted. It is substantiated that the constitutional system provides not only for the formal constitutional registration of state-social relations, but also for the obligatory recognition by the state authorities of their limitation by law and the sovereign right of the people to exercise power. The transformation of the role of the state in the economic sphere and its reflection in modern constitutions are studied, in particular regarding the protection of competition, combating monopolization, supporting the national producer and ensuring the social orientation of economic policy. The peculiarities of the formation of the economic system of Ukraine in the context of the transition from a planned-command to a market economy and the need to form an economic model that would correspond to national characteristics are considered. The importance of ensuring a balance between economic freedom and state regulation, between private economic interests and the public good is emphasized. It is determined that the effectiveness of constitutional and legal regulation of economic relations depends on taking into account national characteristics and historical conditions of the state’s development when forming an economic model and mechanisms for its legal support.

Sustainable Migration and Depopulation: A Methodological Proposal From the Perspective of the SDGs

ABSTRACTSustainable development requires orderly migratory flows that avoid the resulting socio‐economic tensions in the countries of origin and destination. Issues such as climate, armed conflicts and the lack of job stability encourage human displacement towards large cities, simultaneously generating problems of human densification at the destination and depopulation in the abandoned areas. In this study, we analyzed the link between the determinants of quality of life and immigration, with the aim of identify the factors that need to be strengthened in the “emptied” territories and, in this way, achieve a reasonable distribution of the population. We use a methodological advance of the random forest in order to correctly address the complexity and variability of the data. The study is limited to Spain's 19 autonomous regions, which suffer from both depopulation and overpopulation, covering a broad period that guarantees the robustness of the results (2008–2021). There is evidence of the importance of the labor market, health and education in the settlement of migrants. Decision‐makers need to strengthen these aspects in under‐inhabited areas by directing financial resources towards enhancing their attractiveness. This will make it possible to redirect this human exodus by re‐establishing the economic and social order of the territories as a whole.

The Bretton Woods twins and reform agendas: from the NIEO to the Bridgetown Agenda

ABSTRACT Reforming the role of the International Monetary Fund and World Bank was a core goal of the 1974 New International Economic Order (NIEO). While there were calls for reform of the Bretton Woods Twins in the intervening decades, in recent years, they have escalated and new calls from the Global South have emerged. This article analyses whether the NIEO has influenced contemporary agendas. It explores calls from the Non-Aligned Movement and the G20 as well as the Bridgetown Agenda. It demonstrates how NIEO calls to increase the voice and participation of the Global South and the flow of resources to it have been recurring themes, reflecting the liberal nature of the NIEO. Progress on reform has been slow and new calls do not offer a reshaping of development trajectories that the Global South sought with the NIEO. The UN’s Our Common Agenda attempted more but has been quashed.

Penerapan metode Economic Order Quantity (EOQ) dalam persediaan bahan baku untuk meningkatkan efisiensi harga pokok produksi pada UD Gabriela Mebel Manado

It is crucial to control and determine the correct inventory level to support production efficiency and smooth sales operations. This study analyses the management of raw material inventory using the Economic Order Quantity (EOQ) method to improve cost efficiency in the production process at UD Gabriela Furniture Manado. The study employs a descriptive method with a qualitative approach. The results are clear: the company's raw material purchasing is inefficient. Its current policy results in higher costs, amounting to Rp689,950,000 compared to IDR 687,262,500. If the company implements the Economic Order Quantity method it could achieve monthly savings of IDR 2,687,500.

OPTIMASI PERSEDIAAN IKAN BANDENG TANPA DURI MENGGUNAKAN METODE STRATEGI EFISIENSI DALAM PRODUKSI

Haji Dinare's Thornless Milkfish Production House is a small industry or home industry in Tarakan City that buys, processes, and markets processed milkfish products abroad. The recording process is still manual, in this Milkfish Production House still uses book records so that the data generated is less accurate, effective, and efficient. In addition, this milkfish production house has weaknesses that need to be improved, namely purchase and inventory reporting whose accuracy, effectiveness, and efficiency have not been met. The home industry that we raise, for example, the Production House of Thornless Milkfish, will be very good if it has a good management system so as to produce a total inventory cost that is close to optimal. One method to manage inventory properly is the Economic Order Quanit (EOQ) method, JIT, data collection, inventory turnover (Inventory Turnover Ratio), average inventory (Avarage Inventory), annual holding cost (Annual Holding Cost), and total annual inventory cost (Total Annual Inventory Cost).

Analysis of Soybean Raw Material Inventory Control for Production Sustainability at a Tofu Factory in Padang Cermin District, Pesawaran Regency

This study explores raw material inventory management at Bu Supi Tofu Factory in Padang Cermin, focusing on the Economic Order Quantity (EOQ) method to address challenges in soybean procurement. The factory uses a traditional purchasing system, leading to overstocking, increased costs, and reduced product quality. Through a qualitative-descriptive approach, the research evaluates the factory's current practices, calculates the optimal order quantity using the EOQ model, and compares it with the existing system. The results indicate that implementing EOQ can reduce ordering costs, storage expenses, and surplus stock while maintaining product quality and enhancing operational efficiency. This study highlights the potential benefits of applying modern inventory management techniques in small-scale industries to optimize resources and improve profitability.

Looking For Happiness In All The Wrong Places: Thomas Aquinas On Man’s Last End And The Ethics Of Economic Enterprises

Thomas Aquinas’ treatise on man’s last end, presented in questions one to five of the prima secunda of his treasured deposit of wisdom, the Summa Theologiae, is mined for its insights into the proper conduct of enterprise. His text discloses that perfect happiness, the complete activation or fulfillment of our being, can consist in nothing else than the vision of the Divine Essence and that it is sheer folly to look for happiness in any external goods (wealth, honor, fame, power), or any goods of the body (health, pleasure), or any goods of the soul. The significant ethical implications that arise for the institution of business from losing sight of the true ultimate end are taken up before laying out what a political economic order formed according to a true conception of happiness would look like.

The concept of criminal and legal protection of economic relations in the sphere of functioning of the construction market

The article examines the concept of criminal law protection of economic relations in the field of functioning of the construction market. Construction is a field of economic activity that has the potential to solve a set of interconnected socio-economic tasks. This is determining the level of economic development and ensuring the effective operation of the entire system of the country’s financial and economic complex, meeting the interests and needs of people, based on improving the quality of their living standards, in particular living standards, creating a material basis for the sustainable development of society. In order to improve the efficiency of the construction market, it is important to ensure its proper legal protection, including criminal law protection, which should be understood as the establishment of a legal regime to ensure the construction market’s functioning, from causing significant damage to it by criminal acts carried out through the criminalization of acts. Carrying out the protection of social relations in this way, the criminal law subsequently regulates other social relations - those that arise between the state and a person who has committed a socially dangerous act, in order to bring the latter to criminal responsibility. Business entities and other participants in relations in the field of business conduct their activities within the established legal economic order, complying with the requirements of the legislation. In particular, in Ukraine, the legal economic order is formed on the basis of an optimal combination of market self-regulation of economic relations of economic entities and state regulation of macroeconomic processes, based on the constitutional requirement of the state’s responsibility to people for its activities and the definition of Ukraine as a sovereign and independent, democratic, social, legal state At the same time, relations that arise in the process of organizing and carrying out economic activities between economic entities, as well as between these entities and other participants in relations in the economic sphere, are recognized as economic. In turn, the Criminal Code of Ukraine clearly defines which socially dangerous acts directed against economic relations in the field of functioning of the construction market are criminal offenses and which punishments are applied to the persons who committed them.

Rethinking the world order: Paving the way for sustainable transformation

As the US and EU impose greater and deeper sanctions on leading economies of the Global South and attempt to limit access to global markets, the neoliberal international political economic order is proving to erode from within. This paper discusses the increasingly evident necessity and demand for new institutions to broker economic and political relationships for an emerging post-neoliberal international order.

From enthusiasm to apathy: dwindling support for globalization among future generations

Abstract This essay examines support for globalization in developing countries, challenging the prevailing intellectual and policy consensus that globalization predominantly benefits less developed countries (LDCs). While globalization has been linked to economic growth and poverty reduction, rising inequality and discontent in both developing and developed countries raise critical questions about its long-term sustainability. In developed nations, populist leaders channel discontent with job precarity and wage pressures to criticize globalization, often portraying developing countries as the beneficiaries of global markets at the expense of blue-collar workers in richer nations. Conversely, in LDCs, scepticism about globalization is growing, particularly as income disparities widen and employment insecurity rises. We report three key findings: citizens in developing countries become more disillusioned with globalization over time, especially low-skilled workers and younger generations. This disenchantment mirrors the backlash seen in wealthy nations, suggesting that without substantial reforms to global trade systems, support for openness may erode across both developing and developed countries. A collapse of the international economic order, with negative global consequences, including supply chain disruptions and slower economic growth, is a potential outcome. The essay highlights the need for a reassessment of globalization’s role in developing economies to prevent further political and economic instability.

Power, Environment, and Depoliticized Conflict in Social Space: Threats to Sustainable Development from the Perspective of Environmental Activists in Poland

Do local environmental conflicts have a political dimension? Can the fight for social space be an opportunity for ecological activists to enter the “historical level” and question the fundamental principles of the existing political and economic order? This article aims to answer these questions and—based on the statements of environmental activists obtained during a sociological intervention—reconstruct the threats and socioinstitutional obstacles to sustainable development. It also aims to indicate sets of public actors that can be described—from the perspective of environmental activists—as opponents of the ecological movement in Poland. In this sense, the article attempts to determine what is at stake in the conflicts in which the ecological movement is engaged under the conditions of the crisis of democracy. It also asks about the relationship between local environmental conflicts and the dominant logic of the official state policy.

Navigating Towards a Well-Being Economy: Need for a Robust Theory of Change; Comment on "Can a Well-Being Economy Save Us?"

In his recent editorial, Professor Labonté1 surveyed international initiatives calling for a wellbeing global economy. Most of these initiatives offer glowing visions but implausible theories of change. The 1974 UN call for a New International Economic Order provides a case study of an earlier instance of well-being economics (although not labelled as such). The NIEO included specific institutional and regulatory initiatives directed to achieving a fairer and more liveable world. However, it was defeated through the rise of neoliberalism from the 1980s as well as internal contradictions within the movement for a NIEO. The history of the NIEO provides useful lessons regarding the political dynamics of global transformation. Any policy initiatives, directed towards reforming the global economy for the well-being of people and planet, need to be based on a robust theory of change.

Epistemologi Ekonomi Islam: Integrasi Al-Qur'an, Sunnah, Ijma', dan Qiyas dalam Pembangunan Ekonomi Syariah

This study aims to explore how the integration of the Qur'an, Sunnah, Ijma', and Qiyas becomes the main foundation in building a sharia economic framework that is relevant to modern challenges. The Qur'an, as the main source of Islamic law, provides holistic and transformative guidelines, while the Sunnah serves as an explanation and reinforcement of the principles contained in the Qur'an. On the other hand, Ijma' and Qiyas play a crucial role in formulating new laws that are not explicitly mentioned in the sacred texts, thus enabling the application of sharia in the context of contemporary economic problems that continue to develop. This study uses a literature study approach to analyze various theoretical and empirical perspectives related to the application of the four sources of law in sharia economics. The research findings show that the integration of the four sources of Islamic law not only forms a strong normative basis but also provides an understanding in responding to the needs of modern society. In this way, sharia economics can accommodate the principles of justice, poverty, and inclusiveness, which are the essence of building an economic system oriented towards collective welfare. In addition, this study critiques the challenges in implementing sharia principles, especially in the process of interpretation and adaptation to global dynamics. The limitations of conventional methodologies in integrating legal sources often become obstacles in creating solutions that are appropriate to local and global contexts. Therefore, this study suggests the need for a multidisciplinary approach involving collaboration between scholars, economists, and policy makers to ensure that sharia economics can develop consistently and relevantly to the needs of the times. These findings not only enrich academic discourse but also provide practical contributions in efforts to build a more just, sustainable, and Islamic-value-based economic order.

Rekonstruksi Nilai Filosofis dalam Ekonomi Islam Menuju Kesejahteraan Universal

Islamic economics was born as a response to the need for an economic system that is not only oriented towards profit, but also towards social justice and human welfare. This article discusses the reconstruction of philosophical values ​​in Islamic economics as an effort to create an inclusive and sustainable economic order. With a conceptual approach, this study highlights principles such as justice, balance, and social responsibility that are at the core of Islamic economics. These values ​​are reinterpreted in a modern context to address global challenges, including economic disparities and moral crises in the business world. The results of the analysis show that the application of the philosophical values ​​of Islamic economics is not only able to improve the economic structure, but also create universal welfare that is in line with the objectives of sharia (Maqashid Syariah). Therefore, the integration of these values ​​is important in formulating fair and ethical economic policies.

Perbandingan Manajemen Persedian Kacang Tanah pada UMKM Kacang Sangrai Ewooww dengan Menggunakan Metode EOQ (Economic Order Quantity)

Micro, Small, and Medium Enterprises (MSMEs) play an important role in the Indonesian economy. One important aspect in the management of MSMEs is inventory management. This study aims to analyze the best method to control the availability of peanut raw materials in Ewooww Roasted Peanut MSMEs using the EOQ (Economic Order Quantity) method. This research uses a quantitative descriptive approach, and is analyzed using economic order quantity (EOQ), reorder point (ROP),safety stock, and total inventory cost (TIC). Data were collected through direct observation and interviews with MSME owners. The results showed that economic order quantity (EOQ) can streamline inventory costs with the results of the TIC comparison with the EOQ method of Rp.2,745,901 and TIC with the production estimation method (without EOQ) of Rp3,324,992 so that the efficient inventory cost is Rp.579,091 and the reorder point known after EOQ is 1,083kg. The application of the EOQ method can help Ewooww Roasted Peanuts MSMEs in optimizing the management of peanut raw material inventory and increasing operational efficiency.

An Analysis on Inventory Management and its Control at Sri Chamundeswari Sugars Limited, Shrinivasapura, Hassan.

The project report was carried on at Sri chamundeshawari sugar limited, on the topic “The study on analysis of inventory management and its control at Sri chamundeswari sugars limited’’ Effective inventory management and control are crucial for the success of any manufacturing organization, including sugar factories. This study investigates the current inventory management practices and control at SCSL, with the aim of identifying areas of improvement and optimizing inventory levels. The project based on the both qualitative and quantitative data collection and analysis method. in this study use for statistical tool of chi-square testing and hypothisis testing. The study reveals that the factory faces challenges in managing its inventory, including overstocking, stockout, and inefficient storage practices. The research identifies the root causes of these issues and proposes a framework for improving inventory management and control, including the implementation of just-in-time (JIT) inventory system, regular stock audits, and staff training. The study concludes that by implementing these recommendations, the sugar factory can reduce inventory costs, improve efficiency, and enhance overall performance. The research mainly focused on the inventory involved that the firm need to be faced while maintain stock and have to frame the strategies and methods to reduce the inventory, The managers its inventory in appropriate manner can be found as there is no much loss to the firm because of stock. Firm has a well-planned mechanism and strategies for managing the inventory. KEYWORDS : Inventory Management ,Inventory Control ,Stock Management Inventory Turnover, Economic Order Quantity (EOQ),Just-In-Time (JIT) Warehouse Management, Supply Chain Efficiency, Material Handling

Penerapan Metode EOQ (Economic Order Quantity) dalam Meningkatkan Efisiensi Manajemen Inventori : Studi Kasus pada Toko Pakaian Lenkka di Majalengka

Lenkka Clothing Store is a business entity that operates in the online shop sector, especially in the sale of clothing products. With a main focus on the fashion industry. The data used in this study includes information on the purchase of trade goods or the supply of trade goods for Lenkka stores from two different convections, namely convections located in Majalengka and convections located in Bandung, other data includes sales volume, inventory costs, and other performance metrics from the period 2021 to 2023. This study aims to evaluate the effectiveness of the Economic Order Quantity (EOQ) Method in improving inventory management efficiency at Lenkka Clothing Store by measuring its impact on item availability, storage costs, and customer satisfaction. This research uses a quantitative approach with descriptive research. In this case, the research will describe the application of the EOQ method in improving inventory management efficiency at Lenkka Clothing Store in Majalengka.The data shows that the application of the EOQ Method has resulted in a reduction in Total Inventory Cost (TIC), optimization of inventory levels through safety stock and reorder point adjustments, and an increase in sales volume. In addition, the application of the EOQ Method is also proven to increase overall sales volume. The results of this study provide a clear picture of the benefits gained from applying the EOQ Method in the context of online business. This can be seen with the number of purchases for the 2021-2022 period amounting to 3,446.46 with a frequency of purchasing trade goods 55 times a year, savings of IDR 368,948,524, safety stock of 24,959 pcs and ROP of 68,598 pcs. The purchase amount for the 2022-2023 period is 3,179.86 with a frequency of purchasing trade goods 59 times a year, savings of Rp 343,213,678, safety stock 10,212 pcs and ROP 59,562 pcs. Thus, this research provides a comprehensive overview of the effectiveness of the application of the EOQ Method in the context of inventory management in online clothing stores.

A Analysis on the Traditional and Modern Techniques of Inventory Management with Special Reference to Aruna Enterprises, Banglore

This study examines the traditional and modern techniques of inventory management with a specific focus on Aruna Enterprises, Bangalore. Inventory management is critical for ensuring operational efficiency, minimizing costs, and meeting customer demand in manufacturing sectors. The research delves into Economic Order Quantity (EOQ) and ABC analysis as traditional techniques while highlighting modern tools like HML analysis. It examines the challenges faced by manufacturers, including inventory optimization, material handling, and procurement, and evaluates the company’s practices over three years. Key insights emphasize the role of advanced inventory practices in enhancing productivity, reducing waste, and maintaining cost-effectiveness. Recommendations are proposed to bridge gaps in inventory handling and integrate sustainable practices. This study aims to serve as a guide for improving inventory management strategies in manufacturing industries, thereby ensuring competitiveness and profitability in the global market. In this study the Statistical tests, such as the Chi-Square test, t-test, and ANOVA, were employed to assess the significance of observed data compared to expected distributions, ensuring robust and accurate conclusions. The findings underscore the importance of prioritizing high-priority and high-value items while optimizing costs and refining inventory strategies in response to evolving demand. Keywords: Inventory Management, Components Industry, Traditional Techniques, Modern Techniques, Economic Order Quantity (EOQ), ABC Analysis, Just-In-Time (JIT).