Indonesia has racial and cultural diversity which is its own strength when collaborating in a company. We collected data from 102 companies in Indonesia spread throughout Indonesia. We examine multi-ethnic or racial issues, foreign markets, company size, women's involvement, and gender equality in companies. We analyzed the data using the ARDL model.This study found that racial diversity, women's involvement, gender equality, company size, and international market give color to the company so that the company has the characteristics and uniqueness of the mix of diversity that ultimately improves the company's financial performance. This study finds that diversity is a separate strength for companies in developing their business
This study attempts to investigate the potential for public debt traps in countries in Asia, especially Southeast Asia, Sri Lanka, and Timor Leste. This study employs a vector panel model using secondary data from annual Reports in a quantitative manner from the world bank. This study investigates samples from 12 Asian countries, namely Sri Lanka, Timor Leste, Indonesia, Malaysia, Singapore, Philippines, Thailand, Brunei Darussalam, Vietnam, Laos, Myanmar, and Cambodia. we use an annual research time period from 1990 to 2020. We found that economic growth, consumption growth, government spending, total debt arising from bond sales, and interest rates in Sri Lanka, Timor Leste, Indonesia, Malaysia, Singapore, Philippines, Thailand, Brunei Darussalam, Vietnam, Laos, Myanmar, and Cambodia influence each other significantly. This shows that public debt has an impact on almost all lines of the economic sector. When the public debt is not balanced by the real sector, which is represented by economic growth, consumption growth, and government spending, it will become a threat to the economy when public debt payments are due and state revenues are insufficient to make payments and the real sector is not strong enough to support cash outflows. As a result of the payment of a public debt, there is the potential for a crisis as well as interest rates which have an impact on public debt, where the higher the interest rate, the more burdensome the real sector will be in providing compensation for loans received at the specified interest rate.
This study looks into the impact of financial literacy with economic growth with human capital in Thailand. This study investigates data at the start point year of 2000 to 2020 to generate "autoregressive vectors" that can be utilize for determine relationship among the variables human capital (HC), Financial Literacy (LC), and economic growth (GDP). We found about the Financial literacy who have significant impact in providing a production boost that have direct impact to economic growth. Financial literacy have important impact about encouraging some development the human capital through human capital investment. So that financial literacy plays a critical role in Thailand's economic and human development.
This study examines Inflation, Communication and Information Technology, Marketing and Economic Growth, and the connection among them. This study investigates data from the 2000 to 2020 starting point to generate “autoregressive vectors” that can be used to determine relationships between variables. This model is used to analyze Inflation, Information Communication and Technology, Marketing and Economic Growth in Indonesia using secondary data from the World Bank. We find that Inflation can reduce the quality of economic development in each period from the beginning to the end, but inflation can be overcome with the existence of Information Communication and Technology, not only that Information Communication and Technology also helps in the development of a Marketing in Indonesia which has resulted in increased economic growth in Indonesia.
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