Jurnal Perspektif Pembiayaan dan Pembangunan Daerah
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India’s economic reforms and challenges for industrialisation
Get PDFThis study focuses on the issue of economic reforms and its impact on industrialisation in India. However, to understand this, it seems also crucial to analyse pre-economic reforms. In India, due to the prevalence of high unemployment and overburdened agriculture sector, the manufacturing sector becomes very important not only just in creating employment but also to boost manufacturing exports. The article examines existing literature on industrial sector in India and try to explain the challenges, it is currently facing. The 1991 economic reforms in India, removed tariff barriers to foreign investments and trade, with a hope that it will encourage foreign investors and ease burden on current accounts. The public sector and the role of the state in the economy was reduced and bureaucratic controls were dismantled, while at the same time the increasing the role of the market and private sector within the economy was strengthened. As a result, foreign capital investment and foreign exchange reserves improved. The study concludes that more than a quarter of a century has passed since pro-market policies were enacted, but such polices did not lead to rapid creation of employment opportunities. There has been no rapid growth of manufacturing sector and there has been no corresponding decline in the share in agricultural employment. Even the much heralded IT sector’s dramatic expansion over the last two decades has provided jobs directly to less than a million people
Fiscal Policy and Economic Stability: A Case of Pakistan
Get PDFThis paper aims to assess the impact of fiscal policy on the economic stability within Pakistan. The findings indicate that the fiscal policy process constitutes the subsequent impact on the GDP, FDI, discount rate and CPI. That is to say, the corresponding expansionary and contractionary fiscal process has a direct and significant impact on the overall productivity, the foreign investment, the interest rates and the inflation process of the state. However, in comparison to these three variables, the exchange rate has an indirect impact and is lesser significant as compared to the other variables. The findings help stakeholders to understand how the overall fiscal policy affects the economic and business cycle of the country and how each individual is affected by the decisions made by the government executives in constituting the fiscal policy. 
Business environment as an intervening variable of market orientation and business performance of Batik Jambi SMEs
Get PDFBatik Jambi is a unique product of Jambi Province, but the performance of batik Jambi SMEs business is still low. The purpose of the research is to analyze the role of the business environment on the relationship of market orientation, entrepreneurship orientation, and business performance. The research method used is qualitative and quantitative with interview approach, observation, documentation and sample survey. The sample of this research is Batik Jambi SMEs. Sampling used judgment sampling method. The analysis tools used are FGD and PLS (partial least square). The results show that the business environment is a variable between the relationship of market orientation and business performance, but not the intermediate variables on the relationship of entrepreneurial orientation and business performance
Impact of corruption on the effectiveness of official development assistance in CEMAC Zone
Get PDFThe purpose of this paper is to check the impact of corruption on the link between development assistance and economic growth in the countries of the CEMAC Zone. Thus, from our dynamic panel data model relating economic growth and the explanatory variables including official development assistance and the index of corruption, we use the Generalized Moments Method (GMM) to estimate our model; our sample consisting of the six countries of the CEMAC Zone (Cameroon, Congo, Gabon, Equatorial Guinea, Central African Republic and Chad) and our study period extends from 1996 to 2013. The results indicate that public support for short-term development has no significant effect on growth in the CEMAC Zone; on the contrary, public aid to long-term development has a positive and significant effect on economic growth. Moreover, the variable of interaction between public aid for short-term development and corruption has a negative and significant effect on growth while the long term, has a positive and significant effect on growth. This implies that long-term control strategies against corruption have achieved results such as flows of official development assistance have a positive impact on growth. It therefore appears urgent for the leaders of recipient countries to strengthen the fight against corruption to improve the impact of aid on growth in the CEMAC Zon
Sustainability of post-mining land use and ecotourism
Get PDFThe mining sector can contribute to the state in the form of foreign exchange and state in the form of foreign exchange and funding sources such as royalties, taxes, the expansion of employment and physical development, on the other hand, led to some social and environmental conflicts. One effort to improve environmental conditions in the mining area through revegetation, reclamation and post-mining. Reclamation and post-mining activities must be under the EIA plan, FS, Plans Closure Reclamation and Mine Closure Plan to be used for sustainability and ecotourism. This study was conducted using a collaboration between study literature method and the AHP method. The purpose of this study was to determine the post-mining land use, preferred alternatives for utilization of post-mining land is done through the Analytical Hierarchy Process (AHP) method by analyzing the relationship between three criteria and alternatives. The criteria are selected based on the ecological, socioeconomic and cultural aspects. This is based on the consideration of sustainability and spatial planning. In addition, the alternatives that will be considered as utilization strategies include the efforts to increase the land use.. Secondary data analysis resulted that known to the utilization of post-mining land from various companies such as: the use of pits (void) into water treatment, aquaculture and ecotourism, the usage of land reclamation and mine closure in the form of plateau used as cultivation flora and fauna depends on the utilization zone, which has approved the EIA Document, FS, Plans Closure Reclamation and Mine Closure Plan
Development and supply strategy of cocoa commodity effect to cocoa farmers revenue in Boalemo District
Get PDFThis study purpose to analyze the influence of development strategy and supply chain of cocoa commodity to cocoa farmer income. This research conducted in Boalemo District with research method using stratified random sampling technique with data analysis used is multiple linear regression analysis. The result of this research stated that partially cocoa commodity development strategy in Boalemo District give positive influence to farmer's income but has not give significant influence to farmer's income. Partially supply chain gives positive effect to cocoa farmer income in Boalemo District, beside giving positive influence, supply chain also give significant influence to cocoa farmer income in Boalemo District, and for dummy of influential sub-district that is Tilamuta sub-district, followed by Sub-district Dulupi and after that Botumoito District. Simultaneously, development strategies and supply chains have a positive and significant impact on cocoa farmers income in Boalemo District
Impact of small business management on optimizing business performance (Study on small-scale cake businesses in Sarolangun District)
Get PDFThe purpose of this research is to analyze the corporate governance of Small and Medium-sized Enterprises (SMEs) in Creative Industry from the aspect of industrial profile, financial management, human resources management, operational management and marketing management in Sarolangun District. The population in this study was a group of Small and Medium Industries in Sarolangun District. This study examined 100 companies belonging to the SMEs. Primary data collection is carried out using questioner instrument and Focus Group Discussion techniques by involving stakeholders including business actors, government, academics and consumers. Descriptive analysis approach and statistical analysis/verification also used in this study. SWOT analysis is used for quantitative approach on the other hand matrix were used for qualitative approaches. The weighting and categorization of the results of the research variables suggests that financial management is in good category, marketing management is in good category, human resource management is in good category, operational management is not in good category and lastly business performance is in good category. The results of the SWOT diagram prove that the management position of the small-scale cake maker in Sarolangun District is currently in quadrant I, meaning that small-scale cake-making businesses in Sarolangun District already have the power and opportunity to improve business performance, thus the right strategy to improve the current business performance is through aggressive strategy
Study of the potential expansion of new rice fields in Central Maluku District to support food security in Maluku Province
Get PDFMaluku province is one of the Islands in Indonesia. Seram island is one of the largest islands in the Maluku province lies the Central Maluku Regency. Central Maluku district is one of the priorities regions in the development of paddy fields in the province of Maluku. According to the BPS Maluku province in the year 2015, Government Maluku province was only able to meet the needs of 58% of the rice. Fulfillment needs rice is one of the Government's efforts in food self-sufficiency, it is because of the availability of food is one of the primary needs. Increased agricultural productivity through the extension of new rice fields became one alternative settlement in fulfillment of rice. The increase in rice production through the expansion of rice fields is still possible, because of the potential land is suitable for the expansion of rice fields was still quite spacious. The success of the process of the expansion of paddy fields depend on the expansion of the activities of the mechanism of the rice is done. The process of the expansion of rice fields is preceded by feasibility investigation location. Feasibility study of the site was conducted to find out the feasibility of potential land with the observations in the field which is then processed and spatial dianalis in using ArcGIS software. Results of a survey investigating the Central Maluku district region with a total area of 594.29 achieved ha based on the suitability of the land for the potential expansion of new acres of rice paddies 587.35 ha from 2 (two) subdistricts include North Eastern Seram Subdistrict Kobi m2 170.87 ha and North Seram Subdistrict covering 416.82 ha. Keywords: The Expansion Of New Rice Fields, Agricultural Land Suitability Evaluation, Island
An empirical nexus between oil price collapse and economic growth in Sub-Saharan African oil based economies
Get PDFThe focus of this study, is to empirically investigate the nexus between oil price collapse and economic growth in sub-Saharan Africa oil based economies, specifically from Angola, Nigeria and Sudan between January, 2010 and December, 2015, through panel random effects model (REM): Economic growth rate (GDPR) and independent variables: Oil price (OPR), Exchange rate (EXR), Industrial Output (IND) and Terms of Trade (TOT. REM result showed that there is negative link between oil price collapse and the economic growth in the case of Angola, Nigeria and Sudan, which confirmed the nexus between oil price collapse and economic growth. Post estimation tests such as Hausman and Breusch and Pagan Lagrange Multiplier Test were adopted to empirically show the consistency and efficiency of the model. Interestingly, the two key variables (GDPR and OPR) disclose how unprecedented oil price fall disrupts economic growth of the selected economies. Meanwhile, poor institutional quality in the oil sector coupled with poor fiscal measure among others, further expose these economies to unprecedented external shocks that was characterized by skyrocket exchange rate, hence destabilize growth within the period under review. Therefore, the need for a robust fiscal measure is pertinent in order to sustain economic growt
Analysis cluster of palm processing industry in Indonesia
Get PDFThe purposes of this research are: 1) to analyze profile of palm processing cluster from upstream up to downstream in various regions in Indonesia; 2) to analyze strength, weakness, threats, and opportunity in palm processing industry, moreover to identify the role of existing various institutions in palm processing industry cluster in steering palm processing industry development; 3) to formulate the policy of palm processing cluster to encourage agricultural development. Data used in this research is secondary data that obtained from related institutions. Data is analyzed descriptively and quantitatively, utilizing frequency of distribution’s table, crosstable, and SWOT analysis. The result of this research concludes that Indonesia has big potential to palm processing industry, particularly in upstream industry. This thing can be seen from wide of area and palm production, which are owned. From the region side, majority wide of the area and palm production in Sumatera, from wide of area’s viewpoint is approximately 63.26% in Sumatera region, from production’s viewpoint is approximately 68.71%. In the meantime, from the downstream product, palm-processing industry in Indonesia is still limited. Less or more 100 products derived from palm in Indonesia, are only able producing 23 kinds of derived products, meanwhile in Malaysia almost reaching out 70 varieties