scholarly journals Cash Waqf Linked Sukuk (CWLS): An Alternative Instrument for Infrastructure Financing

2021 ◽  
Vol 4 (1) ◽  
pp. 35-49
Author(s):  
Ubaidillah Ubaidillah ◽  
Masyhuri Masyhuri ◽  
Nanik Wahyuni
Keyword(s):  
Literature Review ◽  
Social Welfare ◽  
Public Interest ◽  
Budget Deficit ◽  
Qualitative Method ◽  
Health Sector ◽  
Infrastructure Development ◽  
State Budget ◽  
The Public ◽  
State Infrastructure

Sukuk and waqf become an important component and contribute for the development of a country. The evidence of the success of waqf is seen in their contribution to the public interest, therefore waqf institutions are required to achieve it. In realizing the goal of creating productive waqf instruments, BWI and several stakeholders have created the Cash Waqf Linked Sukuk (CWLS) isntrument. This aims to encourage the consolidation of Islamic social funds and provide a safe social-based investment space, so far CWLS has contributed to the health sector as happened in hospitals. Achmad Wardi Attack Banten. This instrument also has great potential to cover the state budget deficit in meeting the financing of state infrastructure development. This paper uses descriptive qualitative method with literature review. it tries to explore the Cash Waqf Linked Sukuk as a potential instrument that can contribute positively to social welfare in Indonesia.

Normative Juridical Review Comparison of Land Acquisition Regulations for Railway Infrastructure between Indonesia and Malaysia

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Dhina Setyo Oktaria ◽  
Agustinus Prasetyo Edi Wibowo
Keyword(s):  
Public Interest ◽  
Influencing Factor ◽  
Land Acquisition ◽  
Infrastructure Development ◽  
The Public ◽  
Indonesian Government ◽  
The People ◽  
Railway Infrastructure ◽  
The World ◽  
The Government

Land acquisition for public purposes, including for the construction of railroad infrastructure, is a matter that is proposed by all countries in the world. The Indonesian government or the Malaysian royal government needs land for railroad infrastructure development. To realize this, a regulation was made that became the legal umbrella for the government or royal government. The people must agree to regulations that require it. Land acquisition for public use in Malaysia can be completed quickly in Indonesia. The influencing factor is the different perceptions of the understanding of what are in the public interest, history and legal systems of the two countries as well as the people's reaction from the two countries

scholarly journals Analisa Yuridis Implementasi Pengadaan Tanah Untuk Pembangunan Infrastruktur Pekerjaan Umum

2020 ◽  
Vol 5 (2) ◽  
pp. 86-99
Author(s):  
◽  
Triana Dewi Seroja ◽  
Mukhtirili Mukhtirili ◽  
Keyword(s):  
Public Interest ◽  
Public Works ◽  
Land Acquisition ◽  
Director General ◽  
Infrastructure Development ◽  
The Public ◽  
Location Determination ◽  
Preparation Stage ◽  
The Government ◽  
Forest Status

This thesis discusses the Implementation of Land Procurement for Development in the Public Interest in the Construction of the Kawal Reservoir Infrastructure, which was built by the Ministry of Public Works of the Director General of Water Resources. The background used is the issuance of regulations regarding land acquisition in the form of Law No. 2. In 2012, which is quite comprehensive regulates and facilitates the process of land acquisition for development in the public interest. This law has been revised 4 times in the form of a Perpres from the Presidential Regulation No. 71 of 2012 to the latest Presidential Regulation No. 88 of 2017 as a refinement and consistency of the government in the policy of accelerating infrastructure development. But the fact is that national land acquisition is still the second biggest inhibiting factor, 30%. Kawal Reservoir is an infrastructure development in the field of public works has become a polemic, starting from the systems and procedures for land acquisition, the policies issued by the parties, the substance of the problem, as well as the apparatus' view of the land acquisition itself. The implementation of land acquisition for development in the public interest is in accordance with Law No. 2 of 2012 on the construction of the guarding reservoir infrastructure, which at present is still continuing to stop its physical development at the preparation stage. Problems in the form of forest status functions, overlapping ownership, and the existence of the Governor of Riau Islands Province Decree regarding Location Determination are obstacles that are passed through the Spatial Planning and Land Affairs apparatus in carrying out their main duties and functions. The phenomena that exist in the background of the problem will be integrated with the literature, conceptual and frame of mind developed. Research using Empirical / Sociological Legal Research methods.

Application of EFQM-Based Excellence Model in PPP Projects

2012 ◽  
Vol 174-177 ◽  
pp. 2957-2965 ◽  
Author(s):  
De Li Yao ◽  
Ze Chao Du ◽  
Yang Hu
Keyword(s):  
Performance Evaluation ◽  
Literature Review ◽  
Evaluation Model ◽  
Evaluation Criteria ◽  
Enterprise Management ◽  
Infrastructure Development ◽  
The Public ◽  
Efqm Model ◽  
Performance Evaluation Model ◽  
Project Company

Public Private Partnerships (PPP) is widely applied in worldwide infrastructure development. The performance of the PPP project company should be under monitoring of the public sector to ensure that the reasonable interests of the public users are not sacrificed. In this regard, a key issue is the qualitative and quantitative measurement of the services provided by the project company. This paper introduces the European Foundation for Quality Management (EFQM) based excellence model, which has been popularly used in enterprise management, into the PPP projects. Firstly, a comprehensive literature review is conducted, that, an EFQM Model is introduced and its advantages for PPP projects are analyzed. Then, the performance evaluation criteria are established and the performance indicators are identified for PPP projects based on literature review. Finally, a performance evaluation model for PPP projects in general is formulated based on the EFQM model.

scholarly journals Persepsi Masyarakat Kota Medan Terhadap Penggunaan Financial Technology

2018 ◽  
Vol 3 (1) ◽  
pp. 184
Author(s):  
Tri Inda Fadhila Rahma
Keyword(s):  
Data Collection ◽  
Public Interest ◽  
Financial Services ◽  
Qualitative Method ◽  
Public Perception ◽  
Technology Innovation ◽  
The Public ◽  
Analysis Technique ◽  
Depth Interviews ◽  
Financial Technology

<span>This research aimed to find out the public perception of the use of financial technology (Fintech). The informant in this research is the citizen of Medan as a user fintech or not. Data collection techniques by using in-depth interviews to 10 informants with different ages and professions background. The analysis technique by using descriptive qualitative method that is useful to provide facts and data. The result shows that public perception toward the use of financial technology (fintech) includes attitude, interest, understanding, motivation, and expectation. Where attitude of society towards the use of fintech, providing support to the progress of financial technology innovation in Indonesia is very helpful for the community, while the public interest to use fintech has been proven from interviews 9 out of 10 respondents have been interested by using it. The society has understood the benefits and usage of fintech because using fintech is more efficient and effective than other financial services so that people are motivated to use fintech. The society hope to the organizers of fintech in order to provide socialization to the public and practicality in using the service, so that people who lack understanding of technology can use it easily.</span>

scholarly journals Menegakkan Kembali Perilaku Gotong – Royong Sebagai Katarsis Jati Diri Bangsa

2020 ◽  
Vol 8 (2) ◽  
pp. 12
Author(s):  
Kukuh Setyo Pambudi ◽  
Dwi Sri Utami
Keyword(s):  
National Identity ◽  
Literature Review ◽  
Cultural Identity ◽  
Public Interest ◽  
Research Method ◽  
Collaborative Culture ◽  
Mutual Help ◽  
The Public ◽  
Ancient Times ◽  
Personal Interests

Penelitian ini bertujuan untuk mendeskripsikan perilaku gotong-royong sebagai katarsis jati diri bangsa yang tengah banyak ditinggalkan. Metode penelitian yang dipakai adalah kualitatif deskriptif dengan kajian pustaka sebagai tulang punggung utama pengumpulan data. Saat ini identitas Budaya Kolektif dari bangsa Indonesia mulai luntur. Tren meninggalkan budaya kolektif juga semakin kuat jika melihat tren masyarakat yang mulai abai dengan kepentingan Umum dan lebih mementingkan kepentingan pribadi. Oleh karena itu mengembalikan masyarakat pada Jati Diri dan nilai bangsanya menjadi sangat krusial. Perilaku gotong – royong yang pada jaman dahulu menjadi roh budaya kolektif agaknya dapat ditegakkan lagi. Perilaku gotong – royong merupakan perilaku saling membantu, bentuk solidaritas dan sinergi antar masyarakat. Perilaku ini dapat menjadi strategi meningkatkan kembali nilai – nilai. Kolektivitas yang mulai luntur. Menegakkan kembali perilaku gotong – royong yang pernah menjadi ruh pemersatu bangsa yang dulu pernah ada, akan dapat menjadi katarsis untuk mengembalikan budaya bangsa. Oleh karena itu nilai – nilai dan perilaku gotong royong harus ditegakkan kembali guna mengembalikan Jati Diri Bangsa Indonesia ke arah yang seharusnya. This study aims to describe the behaviour of cooperation as a catharsis of national identity that is being largely abandoned. The research method used is descriptive qualitative with literature review as the main backbone of data collection. Currently, the collective cultural identity of the Indonesian nation is starting to fade. The trend of leaving a collaborative culture is also getting more assertive if you look at the trend in society that is beginning to ignore the public interest and prioritize personal interests. Therefore, returning society to the identity of its nation and the value of its people is very crucial. It seems that the cooperation behaviour, which in ancient times became the spirit of a collective culture, can be reinforced. Cooperation behaviour is the behaviour of mutual help, a form of solidarity and synergy between communities. This behaviour can be a strategy to increase the collectivity values that are starting to wear off. Re-enforcing the cooperation behaviour that was once the unifying spirit of the nation that once existed, will be a catharsis to restore the nation's culture. Therefore, the values and behaviour of cooperation must be re-enforced to return the Indonesian National Identity to the direction it should be.

scholarly journals MUSLIM YOUTH AND PHILANTROPHIC ACTIVISM

2021 ◽  
Vol 16 (01) ◽  
pp. 15-29
Author(s):  
Eja Armaz Hardi
Keyword(s):  
Literature Review ◽  
Social Welfare ◽  
Systematic Literature Review ◽  
Qualitative Method ◽  
Social Solidarity ◽  
Economic Wealth ◽  
Muslim Youth ◽  
Depth Interview ◽  
Islamic Principle ◽  
Economic Distribution

Since the last two decades, charity movements have been flourishing in Indonesian Islamic landscape. These organisations are involving not only state sponsored organizations, but also non-government associations and professional industries. This article exclusively discusses the youth-based charity movements in two important Islamic universities in Indonesia and tries to offer a new glance of youth charity movement as to which their movement relates to the issue of identity and social welfare. The article uses a qualitative method through a systematic literature review, in-depth interview, and observation to the activities of two youth-based charity movements at two state Islamic universities in Jambi and Surabaya. This paper further argues that the spirit of philanthropic movement does not only depend on economic wealth, but also on social solidarity, Islamic principle of economic distribution, and networks among the students that have been successfully translated into both social welfare activism and humanitarian activities.

scholarly journals A Commitment to Public Office Ethics Reduces the Administrative Corruption Manifestation in Sudan

2021 ◽  
Vol 11 (1) ◽  
pp. 54-62
Author(s):  
Zuly Qodir ◽  
Adil Hasan Ibrahim
Keyword(s):  
Public Sector ◽  
Literature Review ◽  
Private Sector ◽  
Qualitative Method ◽  
Internet Access ◽  
Government Agencies ◽  
Public Office ◽  
The Public ◽  
Corporate Transparency ◽  
Descriptive Approach

This paper dealt with the issue of a commitment to the public office ethics reduces the administrative corruption manifestations in Sudan. The purpose of this paper is to find out what are the administrative corruption manifestations and how the commitment to the public office ethics contributes in the decreasing of administrative corruption forms. This paper depends on the literature review and uses descriptive approach in order to describe the forms of corruption which are related to the administration. Qualitative method has been followed in this work because, according to the view of the researcher, it is acceptable for this kind of study. The findings show that, embezzlement, extortion, exploitation of public position, forgery, deception, mediation, nepotism, favouritism and gifts to the public office are all shapes of administrative corruption that are pervasive in Sudan, Also, it indicates that, high levels of corporate transparency (auditing and reporting) and high Internet access can be beneficial in Sudan, that by combating corruption in the public sector and adopting effective policies to encourage the development of the private sector. Likewise, increase of salaries and wages for public sector workers can contribute in corruption reduction.  The study recommends strongly to implement the principles of ethics of public offices, and law should be set in order to organize the bad morals of individuals in government agencies in Sudan.

scholarly journals FINANCING THE PROCESS OF PROVIDING PUBLIC SERVICES IN THE PUBLIC SECTOR OF UKRAINE IN THE CONDITIONS OF INFORMATIZATION

2021 ◽  
Vol 4 (39) ◽  
pp. 77-86
Author(s):  
I. Mokhova ◽  
I. Dragan ◽  
O. Коzyrieva ◽  
N. Gavkalova ◽  
A. Dubovik
Keyword(s):  
Public Sector ◽  
Technical Assistance ◽  
Forecast Model ◽  
The State ◽  
Infrastructure Development ◽  
State Budget ◽  
Administrative Services ◽  
The Public ◽  
Administrative Service

Abstract. The article examines the mechanisms of process financing informatization of administrative services. The purpose of the article is to determine the sources of funding and prospects for the provision of administrative services in terms of informatization of the public sector of Ukraine. Research methods are comparative analysis of analytical and official statistical data of Ukraine, institutes of international support on the basis of group classification of instruments of financing of Administrative Servics Center (ASC). It is proved that decentralization, development and improvement of the quality of administrative services determine the ASC as a priority area of reforming the system of administrative services in Ukraine. The legal bases of creation and maintenance of functioning of ASC, legal statuses of establishment, principles of process of rendering of administrative services in ASC are defined. The dynamics of the number of administrative service centers and regional features of functioning are analyzed. Sources of financing of ASC (the state budget, regional and city budgets, means of the State fund of regional development, the international projects of technical assistance) are allocated. It is proved that the most common and largest source of funding for informatization processes in the ASC is the state budget (subvention for infrastructure development). The authors propose a forecast model for the creation and development of administrative service centers in Ukraine under conditions of further state funding in appropriate volumes. The necessity of attracting external sources of financing (funds of international technical assistance projects, initiatives of international donors) in the conditions of limited and deficit of the state budget of Ukraine is substantiated. The necessity of modernization of ASC from the point of view of use of IT-technologies is substantiated. Priority areas for comprehensive reform of improving the quality of administrative services are identified: decentralization, simplification, deregulation, institutional capacity development and communication support. Keywords: financing, administrative services, informatization, public sector. JEL Classification D92 Formulas: 0; fig.: 4; tabl.: 1; bibl.: 13.

scholarly journals Cost-Benefit Analysis and Public Sector Trust

2017 ◽  
Author(s):  
Edward H. Stiglitz
Keyword(s):  
Public Sector ◽  
Social Welfare ◽  
Public Interest ◽  
Analytical Procedure ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Welfare Cost ◽  
Trust Building ◽  
Benefit Analysis ◽  
The Public

Eighty percent of Americans believe that government is run for “a few big interests” rather than the public interest. Rooted in notions of social welfare, cost-benefit analysis might be seen as an analytical procedure to flush out and discourage at least the most egregious abuses in lawmaking authority, thereby encouraging citizens to view their government as essentially pursuing some plausible notion of the public interest. Yet the extent to which cost-benefit analysis might fill this trust-building role is an unaddressed issue. Here, I conduct an experiment based on a (de)regulatory action in the environmental context to examine whether cost-benefit analysis might yield trust dividends. I find that cost-benefit analysis produces large increases in public sector trust, but only when paired with reasonableness review, and only among “elites.” This pattern of findings suggests that, without more, an agency declaration of cost justification is not credible, but that it may be made so through a form of reasonableness review. I discuss the contours of such review, and highlight perils if review is overly aggressive.

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