Purpose: The impact of democracy on economic growth is an interesting study of economic institutions and there is still debate about the impact on economic growth. One side of the research finds that democracy has a significant and positive impact on economic growth, but the other side states that the improvement of the country's democracy causes economic growth to decline. This study aims to examine the impact of the quality of democracy on economic growth at the provincial level in Indonesia. Research methodology: The data used in this study use panel data using the Eviews 9.0 analysis tool, so that the best method named the Random Effect Model is obtained. Result: The results show that democracy in Indonesia has a significant impact on economic growth and there is a positive trend in the long run. Other variables used are labor and foreign investment, which statistically, if these variables occur, can increase economic growth in Indonesia and increase employment and data on foreign investment play a role in driving economic growth. Economic growth in Indonesia is already in good condition and the economic growth that occurs is convergence growth which shows that some provinces that are poor/underdeveloped can catch up with developed provinces. Limitations: This study uses fairly short time-series data, so that the addition of a longer time-series will of course give better results. Contribution: Improvements in democracy in Indonesia should also strengthen democratic norms that apply in society, such as reducing corrupt behaviors, especially political corruption and money politics to get public office because if this behavior cannot be corrected, then democracy will have little impact on the economy.
abroad and domestically. Incoming investment is affected by a country's daytime strength. Widespread investment encourages more competition and corrupt practices as many investors want to reduce the bureaucracy they face. However, in the investment market a high level of corruption also makes a country's economy unattractive. This study aims to analyze the effect of a country's competitiveness on the entry of Foreign Direct Investment in ASEAN. The variables used in this study are foreign investment, competitiveness, Corruption Perception Index, and political stability. The analytical method used is the Random Effect Model. This shows that state power is able to encourage direct foreign investment in a positive direction, as well as the Corruption Perception Index where the handling of the level of corruption will encourage the entry of Foreign Direct Investment. Political stability in this study does not have a significant effect, meaning that political shocks do not interfere with the entry of Foreign Direct Investment in ASEAN in the period 2010 to 2020.
The contribution of the manufacturing sector to the GRDP of South Sumatra Province is 19.72 percent in 2020. A large percentage of GRDP does not necessarily indicate the potential of the processing industry to become a leading sector, so it is necessary to identify the leading processing industry sector. So that this study aims to identify the competitiveness of the leading processing industry sub-sector. The method used are Static Location Quetionts (SLQ), Dynamic Location Quetionts (DLQ), Dispersion Power Index (IDP), Sensitivity Index (IDK) which uses an overlay method to identify sub-sectors of the processing industry. Meanwhile, to determine the competitiveness of the leading processing industry sub-sector is using Shift-Share Dynamic analysis. Using the secondary data sourced from the Indonesia Statistics, the input-output table in 2016 and previous study from 2016-2020. The findings show that from the 16 sub-sectors of the processing industry, there are 3 sub-sectors which include the leading processing industry, namely the food and beverage industry; paper and paper goods industry, printing, and reproduction of recording media; and the chemical, pharmaceutical and traditional medicine industries. Food and beverage industry sub-sector; and the paper industry, and paper goods, printing and reproduction of recording media have competitiveness and specialization. Meanwhile, the chemical, pharmaceutical and traditional medicine industries have no specialization but are competitive.
The existence of the Covid-19 pandemic, which hampers mobility and productivity, creates a slowdown in the movement of the wheels of the economy, thus indirectly requiring several countries to increase their sources of revenue through public debt to meet the needs of the people and maintain economic stability in each country. the problems faced by middle-income countries are related to the participation of government and other public institutions both in the formulation of public policies, the management of public resources, to the realization of human rights that should be free from abuse of the position of relevant policymakers. As a result, not a few countries experience uncertainty about the actual situation from public accounts, which has encouraged the creation of doubts and conflicts among the public about the role of governments in dealing with the global economic crisis, which among others, is illustrated through several economic problems that occur in middle-income countries. The purpose of this study is to answer the question of whether, in middle-income countries, the factors of the previous year's debt-to-GDP ratio, fiscal transparency, corruption, and e-budgeting simultaneously and partially influence the debt-to-GDP balance in 74 middle-income countries in 2021. The method used is OLS regression analysis of cross-section data. This study found that the previous year's debt accumulation significantly affected the debt ratio to GDP. Meanwhile, fiscal transparency and the implementation of e-budgeting hurt the insignificant debt-to-GDP ratio; corruption has a little positive effect on the debt-to-GDP ratio.
The ASEAN Economic Community, commonly referred to as AEC (ASEAN Economic Community) in 2015, is a form of cooperation between ASEAN member countries by integrating the economic sector in a single market in the Southeast Asia region. This is also an answer to investors' questions regarding the accessibility of investment destination countries, including legal certainty. This study aims to analyze the effect of law enforcement on economic growth. The role of the government in law enforcement is expected to be able to support the economic development of a country. The data used in this study include economic growth, the rule of law, voice and accountability, foreign direct investment, employment, and the initial development of 10 ASEAN member countries for the 2007-2018 period. The method used is panel data regression and testing the significance of the model. The method used is the Random Effect Model. The results show that the rule of law, foreign direct investment, labor, and initial growth have a significant and positive effect on economic growth in ASEAN. In contrast, voice and accountability significantly impact ASEAN economic growth in the 2007-2018 period.
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