Pub Date : 2022-05-06DOI: 10.46336/ijbesd.v3i2.273
Dian Angga Prasetyo, R. Rokhim
This research paper aims to use the deep learning model Long Short-Term Memory (LSTM) for the stock prediction model under the financial crisis of COVID-19. The financial impact of the COVID-19 has brought many of the world's indexes down. The impact of the financial crisis is even riskier for an emerging country such as Indonesia where foreign investors tend to take out their investments in emerging countries in financial crisis events. The application of deep learning in financial time series applications such as stock price prediction has been researched extensively. This study used the (Bidirectional LSTM) BiLSTM model which is a variation of the LSTM model to predict stock closing price. The stock prediction is applied to a selected company from the Indonesian stock market using historical prices. The model is then evaluated using metrics Mean Absolute Percentage Error (MAPE) and Symmetric Mean Absolute Percentage Error (SMAPE). A graphical comparison between the actual price and predicted price of the stock is charted to study the stock price movement. To study the impact during COVID-19 on the stock prices, an intervention analysis is conducted along with the Wilcoxon model. The stock price prediction model can forecast the price of stocks before and during the financial crisis with minimal error. The intervention analysis result showed that health sectors have a positive effect while other sectors such as transportation, finance, information technology, and entertainment have a negative effect during the financial crisis of COVID-19. Being able to analyze and study the stock price movement of stocks is beneficial to investors in understanding the impact of the financial crisis on some industries and the behavior of certain stocks or industries under the circumstances which can lead to alternate investment strategies and decision making.
{"title":"Indonesian Stock Price Prediction using Deep Learning during COVID-19 Financial Crisis","authors":"Dian Angga Prasetyo, R. Rokhim","doi":"10.46336/ijbesd.v3i2.273","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i2.273","url":null,"abstract":"This research paper aims to use the deep learning model Long Short-Term Memory (LSTM) for the stock prediction model under the financial crisis of COVID-19. The financial impact of the COVID-19 has brought many of the world's indexes down. The impact of the financial crisis is even riskier for an emerging country such as Indonesia where foreign investors tend to take out their investments in emerging countries in financial crisis events. The application of deep learning in financial time series applications such as stock price prediction has been researched extensively. This study used the (Bidirectional LSTM) BiLSTM model which is a variation of the LSTM model to predict stock closing price. The stock prediction is applied to a selected company from the Indonesian stock market using historical prices. The model is then evaluated using metrics Mean Absolute Percentage Error (MAPE) and Symmetric Mean Absolute Percentage Error (SMAPE). A graphical comparison between the actual price and predicted price of the stock is charted to study the stock price movement. To study the impact during COVID-19 on the stock prices, an intervention analysis is conducted along with the Wilcoxon model. The stock price prediction model can forecast the price of stocks before and during the financial crisis with minimal error. The intervention analysis result showed that health sectors have a positive effect while other sectors such as transportation, finance, information technology, and entertainment have a negative effect during the financial crisis of COVID-19. Being able to analyze and study the stock price movement of stocks is beneficial to investors in understanding the impact of the financial crisis on some industries and the behavior of certain stocks or industries under the circumstances which can lead to alternate investment strategies and decision making.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"615 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131735080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-07DOI: 10.46336/ijbesd.v3i1.172
Tolib Effendi, Rusmilawati Windari
As revealed by the World Economic Forum, there is a correlation between corruption and tourism: the higher the level of corruption of a state, as reflected in the Corruption Perceptions Index of Transparency International, the lower the number of foreign tourists visiting the state. As such, a very strong correlation exists between the community development index, tourism, and the community’s legal awareness on the journey to the eradication of illegal fees. Illegal fees have to date been regarded as something normal in society. Illegal fees have become a regular in every sector, which must be ceased, and this holds true to the tourism sector as well. It is thus become essential to study the correlation between illegal fees in the tourism sector and the undermined tourism potential on Madura.Illegal fees have become part of the systems applied in Indonesia, including in the tourism sector. One of the reasons behind visitors’ disinterest in visiting a tourist attraction is the illegal fees someone imposes there, whether they be in the form of entrance fees or in the form of parking fees. The absence of a price standard allows some irresponsible persons to collect such fees as entrance and parking fees at tourist attractions variably according to the situation that arises in a given time.This paper uses a socio-legal research method to investigate directly into the relationship between illegal fees in the tourism sector and the undermined tourism potential on Madura. Primary data, collected through interviews, survey, and observation, were analyzed descriptively.
{"title":"Illegal Levies as a Negative Element Contributing to The Decrease of The Tourism Potential on Madura","authors":"Tolib Effendi, Rusmilawati Windari","doi":"10.46336/ijbesd.v3i1.172","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i1.172","url":null,"abstract":"As revealed by the World Economic Forum, there is a correlation between corruption and tourism: the higher the level of corruption of a state, as reflected in the Corruption Perceptions Index of Transparency International, the lower the number of foreign tourists visiting the state. As such, a very strong correlation exists between the community development index, tourism, and the community’s legal awareness on the journey to the eradication of illegal fees. Illegal fees have to date been regarded as something normal in society. Illegal fees have become a regular in every sector, which must be ceased, and this holds true to the tourism sector as well. It is thus become essential to study the correlation between illegal fees in the tourism sector and the undermined tourism potential on Madura.Illegal fees have become part of the systems applied in Indonesia, including in the tourism sector. One of the reasons behind visitors’ disinterest in visiting a tourist attraction is the illegal fees someone imposes there, whether they be in the form of entrance fees or in the form of parking fees. The absence of a price standard allows some irresponsible persons to collect such fees as entrance and parking fees at tourist attractions variably according to the situation that arises in a given time.This paper uses a socio-legal research method to investigate directly into the relationship between illegal fees in the tourism sector and the undermined tourism potential on Madura. Primary data, collected through interviews, survey, and observation, were analyzed descriptively.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116215185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-06DOI: 10.46336/ijbesd.v3i1.189
Tivana Arbiani Candini, P. P. R. Marditia, Kelly Kelly Kwannaka, Jeanny Liany
Tax Treaty is a bilateral(two-party) agreement made by two or more than two countries to resolve some issues involving double taxation, transfer pricing, and treaty shopping. Several governments and organizations use model treaties generally as starting points, such as OECD Model Convention and US Model Convention. As a member of G20, Indonesia has participated in The Automatic Exchange of Information (AEoI) provides for the automatic exchange of predefined set of financial accounts information between tax authorities, based on The Common Reporting Standard (CRS), as also mentioned in Tax Information Exchange Agreement (TIEA) implemented in 2018. In order to implement AEoI the Indonesian regulator needs to review the Banking Law and the Tax Provisions and Procedures, There is an urgent need to regulate a regulation as a standard that will be used in CSR, support the tax reform and to enhance the capacity and the authority of Directorate General of Taxation, Ministry of Finance and Financial Services Authority, while still considering the protection for the Bank Secrecy. This research will formulate a model regulation that can facilitate the implementation of the AEoI, by carrying out a study in 3 countries, which is Indonesia, Malaysia and Singapore
{"title":"The Possible Regulation Model To Optimize The Automatic Exchange Of Information (Aeoi) In Indonesia Through Directorate General Of Taxation, Ministry Of Finance And Financial Services Authority","authors":"Tivana Arbiani Candini, P. P. R. Marditia, Kelly Kelly Kwannaka, Jeanny Liany","doi":"10.46336/ijbesd.v3i1.189","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i1.189","url":null,"abstract":"Tax Treaty is a bilateral(two-party) agreement made by two or more than two countries to resolve some issues involving double taxation, transfer pricing, and treaty shopping. Several governments and organizations use model treaties generally as starting points, such as OECD Model Convention and US Model Convention. As a member of G20, Indonesia has participated in The Automatic Exchange of Information (AEoI) provides for the automatic exchange of predefined set of financial accounts information between tax authorities, based on The Common Reporting Standard (CRS), as also mentioned in Tax Information Exchange Agreement (TIEA) implemented in 2018. In order to implement AEoI the Indonesian regulator needs to review the Banking Law and the Tax Provisions and Procedures, There is an urgent need to regulate a regulation as a standard that will be used in CSR, support the tax reform and to enhance the capacity and the authority of Directorate General of Taxation, Ministry of Finance and Financial Services Authority, while still considering the protection for the Bank Secrecy. This research will formulate a model regulation that can facilitate the implementation of the AEoI, by carrying out a study in 3 countries, which is Indonesia, Malaysia and Singapore","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133092063","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-05DOI: 10.46336/ijbesd.v3i1.188
Siti Munawaroh, S. Mulyati, S. Suhendri
Human life is regulated and will never be separated from the provisions of binding regulations. Binding rules or norms in human life have the purpose of creating order, justice, and public welfare. The paradigm of legal positivism has always relied on the logic and validation of the ruler which makes people think that the ruler is the only law. This is strongly criticized by legal realists. The interesting thing about legal realism is the view that law must depart from the study of facts. American legal realism states that a judge decides something based on his personal preferences, and then makes a legal analysis to justify the expected outcome. This is different from legal realism in Scandinavia, which is based on logical positivism that developed in the modern era. Legal realism in Scandinavia intends to make legal science more scientific. Criticisms of legal realism include: legal realism presents the law only as a tool for resolving disputes on a case by case basis, there is no need for legal certainty because the approach is very casuistic so that judge’s understanding of cases can vary widely. Using legal studies approach, be expected that it can provide an overview of the problems that occur related to Scandinavian Legal Realism in the adultery case of SS with minors which is contrary to The Law of Number 35 of 2014 concerning Child Protection in conjunction with Article 65 Paragraph 1 of the Criminal Code. The judge's authority over the case is to give a verdict related to the SS case in accordance with positive law, the facts that actually happened, and the truth of the case that has been observed by the people involved and legal experts with the aim of maintaining order and protecting the community so that they always do the right thing.
{"title":"Scandinavian Legal Realism in Two Criminal Convictions of The Same Thing","authors":"Siti Munawaroh, S. Mulyati, S. Suhendri","doi":"10.46336/ijbesd.v3i1.188","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i1.188","url":null,"abstract":"Human life is regulated and will never be separated from the provisions of binding regulations. Binding rules or norms in human life have the purpose of creating order, justice, and public welfare. The paradigm of legal positivism has always relied on the logic and validation of the ruler which makes people think that the ruler is the only law. This is strongly criticized by legal realists. The interesting thing about legal realism is the view that law must depart from the study of facts. American legal realism states that a judge decides something based on his personal preferences, and then makes a legal analysis to justify the expected outcome. This is different from legal realism in Scandinavia, which is based on logical positivism that developed in the modern era. Legal realism in Scandinavia intends to make legal science more scientific. Criticisms of legal realism include: legal realism presents the law only as a tool for resolving disputes on a case by case basis, there is no need for legal certainty because the approach is very casuistic so that judge’s understanding of cases can vary widely. Using legal studies approach, be expected that it can provide an overview of the problems that occur related to Scandinavian Legal Realism in the adultery case of SS with minors which is contrary to The Law of Number 35 of 2014 concerning Child Protection in conjunction with Article 65 Paragraph 1 of the Criminal Code. The judge's authority over the case is to give a verdict related to the SS case in accordance with positive law, the facts that actually happened, and the truth of the case that has been observed by the people involved and legal experts with the aim of maintaining order and protecting the community so that they always do the right thing.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134280030","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-05DOI: 10.46336/ijbesd.v3i1.207
Ni Nyoman Juwita Arsawati, Dewi Bunga
Misogyny is the behavior of someone hating women, both from men and fellow women. This behavior often places and views women as the cause of blame in a problem, even for something that is not really a problem. Misogyny causes a person tends to hate, look down on, blame, label and discriminate against women. This behavior is often associated with male privilege, patriarchal customs, and gender discrimination. In practice, this behavior will place men in a superior position, while women in an inferior position. In certain cases, misogynism can even increase the risk of physical, psychological and sexual harassment of women. There are two problems discussed in this study: 1) misogyny in the perspective of gender-based violence and 2) the relationship between misogyny and violence against women. This research is normative juridical research supported by empirical data on gender-based violence against women. Primary and secondary legal materials were collected through literature study. The research approach used is the statutory regulation, the legal concept, and the legal argumentation approach. Analysis of the collected data was carried out qualitatively.
{"title":"Misogyy As Violence In Gender Perspective","authors":"Ni Nyoman Juwita Arsawati, Dewi Bunga","doi":"10.46336/ijbesd.v3i1.207","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i1.207","url":null,"abstract":"Misogyny is the behavior of someone hating women, both from men and fellow women. This behavior often places and views women as the cause of blame in a problem, even for something that is not really a problem. Misogyny causes a person tends to hate, look down on, blame, label and discriminate against women. This behavior is often associated with male privilege, patriarchal customs, and gender discrimination. In practice, this behavior will place men in a superior position, while women in an inferior position. In certain cases, misogynism can even increase the risk of physical, psychological and sexual harassment of women. There are two problems discussed in this study: 1) misogyny in the perspective of gender-based violence and 2) the relationship between misogyny and violence against women. This research is normative juridical research supported by empirical data on gender-based violence against women. Primary and secondary legal materials were collected through literature study. The research approach used is the statutory regulation, the legal concept, and the legal argumentation approach. Analysis of the collected data was carried out qualitatively.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133389401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-04DOI: 10.46336/ijbesd.v3i1.190
Dellvin Sergio
Indonesia’s surging number of Covid-19 positive cases may be happening due to its own manifestation through implementing ineffective laws which then led to the resurgence of the policy crisis. Indonesia is deemed to have failed in handling the overwhelming pandemic. The imbalance of emergency fund allocation between the recovery of the economy and health sector also conveys Indonesia’s top priority. Policies made by the state also prove its failure in accommodating vulnerable people especially those who live in poverty. The application of the top-down policy affects those with financial insecurity then also burdened by extraordinary crimes such as corruption of social assistance mid pandemic. To implement an adequate policy which can respect, protect, fulfill, it is important to address poverty affected by covid policies through the lens of human rights, whether it is violated or fulfilled. The use of recent studies, official data, laws, policies, and human rights approaches will help indicate how people living in poverty are still marginalized of their rights to adequate standards of living pre and midst pandemic. Moving forward, those who live in poverty must live free from discrimination and stereotypes such as lazy, unlucky, undeserving, etc. which contributes to the exclusion and exploitation of this vulnerable group. This research will seek poverty as a human rights issue, it will show how this vulnerable group has been the victim of injustice and demand accountability. Through proper analysis, these findings will also set out appropriate and applicable solutions for the well-being of this group mid and post pandemic.
{"title":"Human Rights Violation in the Manifestation of Indonesia's Inefficacious Covid-19 Policies Towards the Lower Socio-Economic Class","authors":"Dellvin Sergio","doi":"10.46336/ijbesd.v3i1.190","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i1.190","url":null,"abstract":"Indonesia’s surging number of Covid-19 positive cases may be happening due to its own manifestation through implementing ineffective laws which then led to the resurgence of the policy crisis. Indonesia is deemed to have failed in handling the overwhelming pandemic. The imbalance of emergency fund allocation between the recovery of the economy and health sector also conveys Indonesia’s top priority. Policies made by the state also prove its failure in accommodating vulnerable people especially those who live in poverty. The application of the top-down policy affects those with financial insecurity then also burdened by extraordinary crimes such as corruption of social assistance mid pandemic. To implement an adequate policy which can respect, protect, fulfill, it is important to address poverty affected by covid policies through the lens of human rights, whether it is violated or fulfilled. The use of recent studies, official data, laws, policies, and human rights approaches will help indicate how people living in poverty are still marginalized of their rights to adequate standards of living pre and midst pandemic. Moving forward, those who live in poverty must live free from discrimination and stereotypes such as lazy, unlucky, undeserving, etc. which contributes to the exclusion and exploitation of this vulnerable group. This research will seek poverty as a human rights issue, it will show how this vulnerable group has been the victim of injustice and demand accountability. Through proper analysis, these findings will also set out appropriate and applicable solutions for the well-being of this group mid and post pandemic. ","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129531349","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-04DOI: 10.46336/ijbesd.v3i1.206
I. Putranti
The need for financial transactions in the virtual world that continues to grow demands an increase in the speed, quality, and quantity of various innovations and discoveries in the field of financial technology known as cryptocurrency. This discovery encourages various developments of the virtual world economy which is increasingly diverse and growing according to the needs and interests of existing economic actors. Cryptocurrencies are currently only considered as digital assets that can be traded so they are not recognized as a means of payment. However, cryptocurrency trading in Indonesia is a fast-growing field, so its economic value continues to rise rapidly. This encourages the emergence of crypto mining businesses that tend to use large amounts of electricity. The issue of carbon footprint in cryto mining has in several ways been the cause of the prohibition of this activity. In Indonesia, this activity is still not banned, in 2022 a carbon tax will be applied where every kilogram of carbon equivalent emissions that exceed a certain cap will be subjected to Rp-30 (0.21 cent dollar) tax. So the paper tries to analyze the extent to which this carbon tax will affect crypto mining in Indonesia and how the mitigation of crypto mining's carbon footprint can be managed through proper regulation without disturbing the crypto economic sector that is blooming in Indonesia.
{"title":"Crypto Minning : Indonesia Carbon Tax Challenges and Safeguarding International Commitment on Human Security","authors":"I. Putranti","doi":"10.46336/ijbesd.v3i1.206","DOIUrl":"https://doi.org/10.46336/ijbesd.v3i1.206","url":null,"abstract":"The need for financial transactions in the virtual world that continues to grow demands an increase in the speed, quality, and quantity of various innovations and discoveries in the field of financial technology known as cryptocurrency. This discovery encourages various developments of the virtual world economy which is increasingly diverse and growing according to the needs and interests of existing economic actors. Cryptocurrencies are currently only considered as digital assets that can be traded so they are not recognized as a means of payment. However, cryptocurrency trading in Indonesia is a fast-growing field, so its economic value continues to rise rapidly. This encourages the emergence of crypto mining businesses that tend to use large amounts of electricity. The issue of carbon footprint in cryto mining has in several ways been the cause of the prohibition of this activity. In Indonesia, this activity is still not banned, in 2022 a carbon tax will be applied where every kilogram of carbon equivalent emissions that exceed a certain cap will be subjected to Rp-30 (0.21 cent dollar) tax. So the paper tries to analyze the extent to which this carbon tax will affect crypto mining in Indonesia and how the mitigation of crypto mining's carbon footprint can be managed through proper regulation without disturbing the crypto economic sector that is blooming in Indonesia.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122255893","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-08DOI: 10.46336/ijbesd.v2i4.178
Sumardiansyah Perdana Kusuma, D. N. Musnir, Zulfiati Syahrial
The purpose in this study to evaluate of Senior High School (SMA) Historys Program Curriculum Implementation in Jakarta Province. This study used the CIPPO program evaluation model includes: (1) Context, consisting of the fundamental framework, curriculum standards, and curriculum goals; (2), Input, consisting of elements of curriculum developers, principal, teacher, and student; (3) Process, consisting of planning, learning, and assessments; (4) Product, and the effect of history (5) Outcomes, consisting of history.This research is qualitative with documentation studies, interviews, and observations, which are then enriched with a quantitative data in the form of tests. Data analysis techniques include data collection, data condensation, data presentation, and conclusions. The population studied were SMAN 70, SMAN 48, SMAN 77, and SMAN 18 which implemented Curriculum 2013 and opened a class Science Social Knowledge (IPS) where the subjects of History Indonesia and History Interest in the same academic Interest in Students. The results of the study show that there is a systemic bias, starting from stakeholder understanding, curriculum documents, processes by teachers, learning outcomes, to learning outcomes in the implementation of the High School History Curriculum in the 2013 Curriculum in DKI Jakarta Province.
{"title":"Evaluation of Senior High School History’s Program Curriculum Implementation of Curriculum 2013 in the Province of DKI Jakarta","authors":"Sumardiansyah Perdana Kusuma, D. N. Musnir, Zulfiati Syahrial","doi":"10.46336/ijbesd.v2i4.178","DOIUrl":"https://doi.org/10.46336/ijbesd.v2i4.178","url":null,"abstract":"The purpose in this study to evaluate of Senior High School (SMA) Historys Program Curriculum Implementation in Jakarta Province. This study used the CIPPO program evaluation model includes: (1) Context, consisting of the fundamental framework, curriculum standards, and curriculum goals; (2), Input, consisting of elements of curriculum developers, principal, teacher, and student; (3) Process, consisting of planning, learning, and assessments; (4) Product, and the effect of history (5) Outcomes, consisting of history.This research is qualitative with documentation studies, interviews, and observations, which are then enriched with a quantitative data in the form of tests. Data analysis techniques include data collection, data condensation, data presentation, and conclusions. The population studied were SMAN 70, SMAN 48, SMAN 77, and SMAN 18 which implemented Curriculum 2013 and opened a class Science Social Knowledge (IPS) where the subjects of History Indonesia and History Interest in the same academic Interest in Students. The results of the study show that there is a systemic bias, starting from stakeholder understanding, curriculum documents, processes by teachers, learning outcomes, to learning outcomes in the implementation of the High School History Curriculum in the 2013 Curriculum in DKI Jakarta Province.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"15 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120807814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-08DOI: 10.46336/ijbesd.v2i4.162
Zulfa Nazli, A. Jamal, M. Nasir
This study investigates the effect of economic growth, urban population, unemployment, and human capital on income inequality in Indonesia. Annual data collected from World Development Indicator (WDI) is used from 1984 to 2019. The analytical method of this research is Autoregressive distributed lag (ARDL) to examine the short and long-term relationships. The results show that economic growth positively and significantly affects income inequality in the short and long term. The urban population variable has a significant negative effect in the short term but not in the long term. The unemployment variable has a significant positive effect in the long run. Finally, human capital negatively affects the short term while not in the long term. Based on these findings, it is recommended that the government stabilize inequality by increasing progressive taxes, creating jobs, providing soft skills training beyond formal education, and socializing the concept of commuter work.
{"title":"Investigating the Income Inequality in Indonesia: An Application of Autoregressive Distributed Lag Approach","authors":"Zulfa Nazli, A. Jamal, M. Nasir","doi":"10.46336/ijbesd.v2i4.162","DOIUrl":"https://doi.org/10.46336/ijbesd.v2i4.162","url":null,"abstract":"This study investigates the effect of economic growth, urban population, unemployment, and human capital on income inequality in Indonesia. Annual data collected from World Development Indicator (WDI) is used from 1984 to 2019. The analytical method of this research is Autoregressive distributed lag (ARDL) to examine the short and long-term relationships. The results show that economic growth positively and significantly affects income inequality in the short and long term. The urban population variable has a significant negative effect in the short term but not in the long term. The unemployment variable has a significant positive effect in the long run. Finally, human capital negatively affects the short term while not in the long term. Based on these findings, it is recommended that the government stabilize inequality by increasing progressive taxes, creating jobs, providing soft skills training beyond formal education, and socializing the concept of commuter work.","PeriodicalId":441425,"journal":{"name":"International Journal of Business, Economics, and Social Development","volume":"19 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128438785","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-08DOI: 10.46336/ijbesd.v2i4.169
Wiliya Wiliya, D. Susanti, S. Sukono
Bonds are types of securities in the form of a debt acknowledgment letter for loan money from the public in a certain form, but with a minimum tenor of three years and promise of interest rewards in which the amount and payment have been determined in advance. Looking at the current global problems regarding degradation of environmental equality and climate change, bonds were developed where the proceeds of issuance were exclusively applied to finance environmentally friendly projects, is green bonds. However, the issuance of green bonds in Indonesia is slight. This research aims to find out the comparison of individual performance of green bonds and conventional bonds traded on the Indonesia Stock Exchange. The method used to measure performance is Sharpe Ratio. The result indicates that performance of green bond worse than conventional bond. This research can be used as a consideration for investor in making investment based on performance.
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