The stock markets are becoming an essential and inseparable part of the economies in many countries, including Indonesia. The fact that stock markets indices become one of the indicators to determine the healthiness of country economics showing the importance of the stock market in a country. Whenever the stock market experiences a substantial decline, there is reason to fear that a recession m…
As major developing countries have limited domestic saving to generate capital accumulation, capital inflow plays substantial role to provide external financing. Several landmark literatures provide an empirical evidence that capital inflow contributed to the acceleration of economic growth through technology transfer, enhanced innovation, and capital accumulation. This research examines the ro…
This study aims to examine the existence of the counterproductive effects of Rice For Poor (Raskin) program on labor supply. The impact evaluation is done by a combination of Difference-in-Difference and Propensity Score Matching methods. The estimation results have shown that Raskin has a significant impact on decreasing of households head working hours, especially on male. Based on these find…
With current geographical disparities, Indonesia’s ratio of general practitioners (GPs) to population is still lower than the WHO-recommended figure. The Center for Indonesia’s Strategic Initiatives (CISDI) initiated Pencerah Nusantara (PN), a team-based young health workers deployment program to rural areas to improve the distribution of human resources for health including GPs, nurses, mi…
Competitive strategy is required by every business unit to win the competition in the uncertain and turbulent business environment especially in manufacturing industry. Development and distribution new industrial estates located in Java and outside Java by the Indonesian government in an effort to win the global competition in the manufacturing industry. This study empirically investigates the …
Digitalization offers a new direction in creating opportunities for business to support national economic growth. Indonesia, as the rising star in Southeast Asia emerging market, shows a promising employment prospect along with the increasing growth of digital savvy Small-Medium Enterprises (SMEs). There is a growing need for SMEs to understand Talent Management (TM) better and optimize the dig…
The limited source of development funding forced the local government to find an innovative alternative. One of them is Corporate Social Responsibility (CSR). Although the prospect of CSR Funds as a source of local revenue is relatively big, mismanaging it could lead to a fraud which causes an underachieving the purpose of CSR itself. This paper specifically discussed an alternative budgeting p…