scholarly journals Forecasting The Demand of Jernang Extract (Daemonorops spp) in The Export Market

2020 ◽  
Vol 9 (1) ◽  
pp. 75
Author(s):  
Dedy Fitriandi ◽  
Jangkung Handoyo Mulyo ◽  
Dwidjono Hadi Darwanto
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Raw Material ◽  
Export Market ◽  
Global Markets ◽  
Limited Information ◽  
The Government ◽  
Zero Potential ◽  
Forest Plants ◽  
Single Exponential

One indicator of a country’s progress is economic growth. In an economic growth, export is an important component in contributing to a positive trade and balance. Indonesia as one of the developing countries always looking for a various way to increase the number of export value. To achieve these goals, Indonesia started the exploitation of its forest to obtain more valuable commodities that are in demands by the global markets. One of the high-value forest plants that have the zero potential to the environment damage is the Jernang extract (Daemonorops sp) that has been used as a raw material in the manufacture of the traditional medicine in several countries, e.g. China, Taiwan, and Hong Kong. The opportunity to make Jernang extract as one of the major foreign commodities for the country’s development is relatively open. But in the current situation, the utilization of Jernang extract has not been fully used and the matter of fact that there is limited information about the world’s demand for the Jernang extract. The aim of this study is to find out the possibility of the needs of Jernang extract in the future. All the data regarding the Jernang extract will be processed using the methodology of Single Exponential Smoothing Techniques. The result of this study shows that the demand of jernang was fluctuated but still in the trend of large demand. This study recommends that the government need to encourage people to develop Jernang plantation.

CORRELATION BETWEEN TAX POLICY AND CORRUPTION IN THE LEGAL PERSPECTIVE FOR COUNTRY'S ECONOMIC GROWTH

2017 ◽  
Vol 1 (2) ◽  
pp. 205
Author(s):  
Gideon J. ◽  
Edgar H. ◽  
Ivan I. ◽  
Nabil N. ◽  
Aptina A. ◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Tax Evasion ◽  
Tax Policy ◽  
Public Awareness ◽  
Transparency International ◽  
Tax Amnesty ◽  
Legal Perspective ◽  
State Income ◽  
The Government

<p>People Tax is the main source of state income. The better the tax policy of a country, the better the development of a country. One of the factors that influence the level of public awareness in paying taxes is corruption. Study shows that tax collection is one of them influenced by corruption. In the data of Corruption Perceptions Index 2016 reported by Transparency International, Indonesia is ranked 90 out of 176 countries. Tax evasion is a serious problem for many countries. Every year, the government loses revenue potential as many residents evade taxes in various ways. For this reason, the government implements tax amnesty. Tax amnesty is designed to permanently reduce the amount of underground economy activity, thereby increasing tax revenues in the future and developing countries can grow well.</p>

scholarly journals Policy Contradictions and Policy Dilemma: A Case of Intermediary Money Transfer Tax (IMTT) on Business Performance in the Engineering Sector in Zimbabwe

2021 ◽  
Vol 11 (2) ◽  
pp. 76
Author(s):  
Josphat Nyoni ◽  
Tendai Vanesssa Jaravaza ◽  
Matthew Mare ◽  
Martin Dandira ◽  
Elias Kandjinga
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Business Performance ◽  
Small Scale ◽  
Research Approach ◽  
Tax Policies ◽  
Metal Fabrication ◽  
Money Transfer ◽  
The Government ◽  
Transfer Tax

The use of tax policies to address macro-economic challenges has often led to serious other macro-economic challenges for developing countries. The purpose of this paper is to illustrate macro-economic policy dilemmas that affect developing countries when they implement tax policies to address macroeconomic challenges. The objective of the study was to examine how the 2% Intermediary Money Transfer Tax (MTT) introduced to raise financial resources to grow the economy affected performance of companies in the engineering sector. The study was guided by the pragmatism research philosophy, used explanatory research design and a mixed research approach. Data was collected from companies in the metal fabrication and machine/equipment sub-sectors of the engineering sector. A total of 68 companies were used. The paper shows that a tax policy adopted by Zimbabwe to raise revenues for supporting economic growth and addressing several economic challenges such as poverty, unemployment and negative economic growth generated other macro-economic challenges such as declining performance of companies in the Engineering sector. Results from the study showed that 2% IMTT had a negative an influence on business performance of companies in the engineering sector. The tax reduced profit margins, sales, and competitiveness. Conclusions from the study were that adoption of tax policies by governments, to achieve increased revenue and growth of the economy may, in the process, negatively affect some sectors of the economy. It was therefore recommended that the government analyse potential contradictions and dilemmas before implementing tax policies. Further studies of the influence of IMTT on other sectors like the small scale and informal sectors that are usually hit the hardest by government policies is recommended.

scholarly journals Peningkatan Kapasitas Manusia Sebagai Fokus dari People Centered Development

ARISTO ◽  
2018 ◽  
Vol 6 (2) ◽  
pp. 283
Author(s):  
Purwowibowo Purwowibowo ◽  
Kris Hendrijanto ◽  
Pra Adi Soelistijono
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Capacity Building ◽  
Environmental Damage ◽  
Human Beings ◽  
Human Element ◽  
Job Opportunities ◽  
New Strategy ◽  
The Government ◽  
Development Paradigm

This article discusses the development paradigm that focuses on human  or people centered development. Many development paradigms have been applied in many developing countries, but the results have not been satisfactory. During this time the various paradigms emphasize economic growth, equity of development, and others, but the distortion of development appears everywhere. For example, development by emphasizes economic-growth was followed by massive environmental damage. In addition, poverty is still a portrait of people in developing countries, although the country is experiencing high economic growth. In realizing a prosperous society free of poverty, a new strategy or development paradigm that emphasizes its human factors are needed. In this case, this paradigm discusses the importance of the human element as the 'core' of development itself. If human beings are capable, have sufficient knowledge, adequate skills by themselves poverty will be reduced. Therefore, this paradigm more implies that is a 'capacity building ' of human beings so that it can become the subject of development and not just as an object of development themselves. Capacity building can be achieved through social development that emphasizes elements of education, knowledge, and skills so that they can try or do entrepreneurship and open their own job opportunities. Many cases, various development paradigms that emphasize economic growth are not able to absorb the available labor so that many are unemployed. With the ability of human or people, they have will be able to open their own business and do not depend on the provision of employment from the government. In the end they are able to alleviate self-poverty.

scholarly journals What worth is a BIT? Impact of BITs on FDI Inflows into India

2018 ◽  
Vol 4 (02) ◽  
Author(s):  
Anshuman Kamila ◽  
Mitali Chinara
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Best Practice ◽  
Foreign Investors ◽  
Fdi Inflows ◽  
New Model ◽  
Indian Model Bit ◽  
The Government

Developing countries often consider foreign direct investment (FDI) as an engine to boost economic growth. Therefore they try to promote investment inflow by various means. One approach is to offer investment guarantees to foreign investors using Bilateral Investment Treaties (BITs). Following international best practice, India has signed a number of BITs to stimulate inflow of FDI. Till date, the Government of India has signed BITs with 83 countries. These BITs were largely negotiated on the basis of the Indian Model BIT of 1993. There have been recent moves that point in the direction of India fundamentally altering the text of its BITs with countries, including calling off existing BITs and approving a new model BIT. However, concerns have been raised as to the possible pernicious impact of these changes on the inflow of FDI into India. This paper investigates whether the concern is warranted at all – by asking if BITs significantly impact the inflow of FDI. It is established that BIT is indeed a veritable boost to FDI inflow, and the estimated coefficient remains significant and robust across econometric specifications. Therefore, a note of caution is sounded for the rejigging exercise involving BITs that has been initiated by India.

scholarly journals The impact of government policies on Nigeria economic growth (case of fiscal, monetary and trade policies)

2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Olufemi Samuel Adegboyo ◽  
Sunday Anderu Keji ◽  
Oluwadamilola Tosin Fasina
Keyword(s):  
Economic Growth ◽  
Interest Rates ◽  
Raw Material ◽  
Trade Policies ◽  
Fiscal Policies ◽  
Long Run ◽  
Short Run ◽  
The Government ◽  
The Impact ◽  
Bound Test

AbstractThis study examines the impact of fiscal, monetary and trade policies on Nigerian economic growth from 1985 to 2020. This study adopts endogenous growth model (AK model) as its theoretical framework. The unit root test results reveal that there is mixed level of stationarity in the variables. The bound test result shows that the variables cointegrate. The ARDL long-run result shows that fiscal policies stimulate economic growth, while on the contrary, trade policies deter Nigerian economic growth. The short-run result shows that the fiscal policies has an inconsistent impact on Nigerian economic growth and thus differs from the long-run result; while government spending continues to drive economic growth in Nigeria, government revenues have no effect on the growth of the economy. The result of the impact of monetary policies shows that interest rate impels growth of the economy while money supply deters growth of Nigeria’s economy; lastly, the trade policies maintain her negative influence on the economy in both the long run and short run. Sequel to the findings, the study recommends the following: Policymakers should place more emphasis on using fiscal policy which was found to be stimulating the country's growth rate. Whenever it is expedient to use monetary policy to stimulate economic growth, policy makers should make use of interest rates as it stimulates the growth of the economy in the short run. The government should review her trade policies to reduce import by encouraging consumption of local products and motivate exporters of goods (raw material) to refine the products before exporting such.

scholarly journals Inequality and economic growth in Bangladesh–a diversified evidence on Kuznets pattern `U` hypothesis

1970 ◽  
Vol 7 (1) ◽  
pp. 117-123
Author(s):  
SMA Islam
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Low Income ◽  
Structural Adjustment ◽  
National Level ◽  
Low Income Countries ◽  
Poor People ◽  
Kuznets Hypothesis ◽  
The Government

The study of inequality and economic growth to the developing countries are now a days a comprehensive issue since the growth stimulate the standard of living to the poor people and accordingly reduce income inequality. The improvement of inequality and growth may reduce the social movement to the government and may keep the economic and social integrity amongst the different ethnic groups by efficient resource allocation and income redistribution in Bangladesh. The objective of this research is to assess long term relationship between inequality and growth in Bangladesh with a methodology of Kuznets pattern inverted U hypothesis first introduced by Simon Kuznets since 1955. The popular concept of Kuznets hypothesis suggests that as economic growth occurs, income inequality first increase and then decline after a certain turning point. The study of Kuznets hypothesis is popular to the international economic environment rather than domestic, especially to the developing countries where the per capita GDP is below the level of world average. This study found the evidence that the presumption of Kuznets hypothesis has satisfied in the economy of Bangladesh in national level. In low income countries, structural adjustment is necessary to satisfy the Kuznets hypothesis. Keywords: Kuznets Hypothesis; Inequality; Growth DOI: 10.3329/jbau.v7i1.4973 J. Bangladesh Agril. Univ. 7(1): 117-123, 2009

scholarly journals PAPER Economics Developement

2019 ◽  
Author(s):  
Nini Ardila
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Democratic Party ◽  
Reform Era ◽  
Per Capita Gdp ◽  
The People ◽  
Current Reform ◽  
Per Capita ◽  
The Government ◽  
Ownership Rights

Conclusion In the current economic era in 2019, income is the most important thing because it will measure economic growth for example in developing countries such as Indonesia. Perkapita in Indonesia when it exceeds the previous amount, causing inequality. This imbalance will cause bad consequences for the country due to lack of cooperation with the people. In this case the government has tried to overcome this imbalance. Especially in the current reform era. this has resulted in a bad situation where in the current reform era it is recovering but sick in terms of mastery or deemocracy. Seen from the democratic party that the government tried to maintain the ownership rights of the ruler, not what was the condition of inequality in the reform era? Indeed Indonesia's per capita GDP has increased. But the inequality of income distribution is getting higher.

scholarly journals The Effect of Fiscal Shock on Inflation and Economic Growth in Developing Countries

2014 ◽  
Vol 41 ◽  
pp. 184-191 ◽  
Author(s):  
Mohsen Mehrara ◽  
Mohammadreza Masoumib ◽  
Fatemeh Barkhi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Government Expenditure ◽  
Impulse Response Function ◽  
Short Term ◽  
Short Run ◽  
Tax Shocks ◽  
The Government ◽  
Macro Variables

This paper examines the effect of fiscal policy on economic growth and inflation by using government expenditure and taxes. For this purpose, selected data from developing countries is used for the period 1990-2011. PVAR approach has been applied to study the effect of shocks on macro variables. The results of impulse response function and variance decomposition implies that economic growth will increase through government expenditure shock in short term, but in long term it is the opposite. The government expenditure shock decrease inflation. Shock of taxes, in short run, promotes slightly economic growth and in long term have no effect on growth. Moreover, at the beginning of the period, inflation is reduced following total tax shocks, but it slightly is increased in subsequent periods.

scholarly journals The Impact of International Capital Flows on Economic Growth in Palestine

2020 ◽  
pp. 23-37
Author(s):  
Nemer Badwan ◽  
Mohammed Atta
Keyword(s):  
Economic Growth ◽  
Capital Flows ◽  
Positive Impact ◽  
Developed Countries ◽  
International Capital Flows ◽  
Global Markets ◽  
International Capital ◽  
Financial Flows ◽  
The Government ◽  
The Impact

The study aims to investigate and examine the impact of International Capital Flows and other Financial Flows on Economic Growth in Palestine during the period (2007-2018). This study also included trends and methods of forming Capital Flows and Financial Capital Flows. The study used the appropriate descriptive and analytical approach by the authors for the purposes and requirements of the research to investigate the real results and required. The researchers used the time intervals method, and the study concluded that Foreign Direct Investment (FDI), Foreign Portfolio Investment (FPI), Large Loans (World Bank), Worker Remittances (WR), Foreign Affairs Borrowing and Financial Grants (GR) have a noticeable positive impact on Economic Growth in Palestine. The study made several important and useful recommendations, the most notably: That Palestinian Government must lay down and establish lighter and comfortable rules and regulations for investors to attract more investors and Foreign Investments to Palestine. Besides, the Palestinian Government must work hard side by side with the other Developed Countries for reaching better Economic Development and increasing a good rate. To achieve a good rate of Economic Growth, the government must work hard to create job opportunities for citizens to reduce the high Unemployment rate in the country. The Government should improve the standard of living and competitiveness in global markets and obtain a sufficient share in the International Financial Markets, so the Government must work to provide new opportunities for Global Markets Integration by creating a good environment to increase Economic Growth and Technology Development.

scholarly journals Peningkatan Kapasitas Manusia Sebagai Fokus dari People Centered Development

2018 ◽  
Author(s):  
Jurnal ARISTO ◽  
Purwowibowo ◽  
Kris Hendrijanto ◽  
Pra Adi Soelistijono
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Capacity Building ◽  
Environmental Damage ◽  
Human Beings ◽  
Human Element ◽  
Job Opportunities ◽  
New Strategy ◽  
The Government ◽  
Development Paradigm

This article discusses the development paradigm that focuses on human or people centered development. Many development paradigms have been applied in many developing countries, but the results have not been satisfactory. During this time the various paradigms emphasize economic growth, equity of development, and others, but the distortion of development appears everywhere. For example, development by emphasizes economic-growth was followed by massive environmental damage. In addition, poverty is still a portrait of people in developing countries, although the country is experiencing high economic growth. In realizing a prosperous society free of poverty, a new strategy or development paradigm that emphasizes its human factors are needed. In this case, this paradigm discusses the importance of the human element as the 'core' of development itself. If human beings are capable, have sufficient knowledge, adequate skills by themselves poverty will be reduced. Therefore, this paradigm more implies that is a 'capacity building ' of human beings so that it can become the subject of development and not just as an object of development themselves. Capacity building can be achieved through social development that emphasizes elements of education, knowledge, and skills so that they can try or do entrepreneurship and open their own job opportunities. Many cases, various development paradigms that emphasize economic growth are not able to absorb the available labor so that many are unemployed. With the ability of human or people, they have will be able to open their own business and do not depend on the provision of employment from the government. In the end they are able to alleviate self-poverty.

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