Pub Date : 2024-03-20DOI: 10.58355/organize.v3i1.64
Romadoni, Verdianti, Firman
This research was conducted with the aim of analyzing the influence of the government budget in the education and health sectors on the Pontianak City Human Development Index (HDI), as well as the influence of the Pontianak City government budget in the education, health and Human Development Index (HDI) sectors on unemployment in Pontianak City in 2010 – 2022. The analytical method used is path analysis using secondary data sourced from the Directorate General of Financial Balance (DJPK) and the Pontianak City Central Statistics Agency. The results of this study found that the education and health sector budgets had an influence and significance on the Human Development Index (HDI) of Pontianak City, and the Pontianak City government budget for the education and health sectors had an influence but was not significant on the level of open unemployment in Pontianak City, as well as the HDI ( Human Development Index) has an effect but is not significant on the level of open unemployment. The results of the F test found that together the education and health sector budgets had a significant influence on the Human Development Index and together the Pontianak City government budget for the education, health sectors and the Human Development Index (HDI) had a significant influence on the level of open unemployment.
{"title":"The Influence of Government Expenditures in the Education and Health Sectors on the Human Development Index and Its Impact on the Open Unemployment Rate in Pontianak City for the 2010-2022 Period","authors":"Romadoni, Verdianti, Firman","doi":"10.58355/organize.v3i1.64","DOIUrl":"https://doi.org/10.58355/organize.v3i1.64","url":null,"abstract":"This research was conducted with the aim of analyzing the influence of the government budget in the education and health sectors on the Pontianak City Human Development Index (HDI), as well as the influence of the Pontianak City government budget in the education, health and Human Development Index (HDI) sectors on unemployment in Pontianak City in 2010 – 2022. The analytical method used is path analysis using secondary data sourced from the Directorate General of Financial Balance (DJPK) and the Pontianak City Central Statistics Agency. The results of this study found that the education and health sector budgets had an influence and significance on the Human Development Index (HDI) of Pontianak City, and the Pontianak City government budget for the education and health sectors had an influence but was not significant on the level of open unemployment in Pontianak City, as well as the HDI ( Human Development Index) has an effect but is not significant on the level of open unemployment. The results of the F test found that together the education and health sector budgets had a significant influence on the Human Development Index and together the Pontianak City government budget for the education, health sectors and the Human Development Index (HDI) had a significant influence on the level of open unemployment.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140225490","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 : 2024-02-11DOI: 10.58355/organize.v3i1.77
Muhammad Khan
The research article explores the nuanced relationship between leadership styles and the effectiveness of High-Performance Work Systems (HPWS) within organizations. HPWS are strategic approaches that integrate various human resource practices—such as selective hiring, comprehensive training, employee involvement, and incentive compensation—to enhance organizational performance. Leadership plays a pivotal role in the successful implementation of HPWS, influencing organizational culture, employee engagement, and the overall effectiveness of these systems. This study delves into how different leadership styles, including transformational, transactional, and servant leadership, influences the deployment and sustainability of HPWS. Through theoretical analysis and examination of empirical studies, the research identifies key challenges in aligning leadership with HPWS, such as resistance to change and cultural misalignments, and proposes strategies to overcome these obstacles. Additionally, real-world case studies illustrate the practical implications of leadership on HPWS outcomes, providing insights into how organizations can harness leadership to enhance the success of HPWS. The findings highlight the importance of strategic leadership development and the need for leaders to embody the values and behaviors that HPWS promote. This study contributes to the understanding of the critical interplay between leadership and HPWS, offering valuable perspectives for researchers, practitioners, and organizational leaders aiming to leverage HPWS for improved performance and competitive advantage.
{"title":"Integrating Leadership Styles with High-Performance Work Systems: Pathways to Organizational Excellence","authors":"Muhammad Khan","doi":"10.58355/organize.v3i1.77","DOIUrl":"https://doi.org/10.58355/organize.v3i1.77","url":null,"abstract":"The research article explores the nuanced relationship between leadership styles and the effectiveness of High-Performance Work Systems (HPWS) within organizations. HPWS are strategic approaches that integrate various human resource practices—such as selective hiring, comprehensive training, employee involvement, and incentive compensation—to enhance organizational performance. Leadership plays a pivotal role in the successful implementation of HPWS, influencing organizational culture, employee engagement, and the overall effectiveness of these systems. This study delves into how different leadership styles, including transformational, transactional, and servant leadership, influences the deployment and sustainability of HPWS. Through theoretical analysis and examination of empirical studies, the research identifies key challenges in aligning leadership with HPWS, such as resistance to change and cultural misalignments, and proposes strategies to overcome these obstacles. Additionally, real-world case studies illustrate the practical implications of leadership on HPWS outcomes, providing insights into how organizations can harness leadership to enhance the success of HPWS. The findings highlight the importance of strategic leadership development and the need for leaders to embody the values and behaviors that HPWS promote. This study contributes to the understanding of the critical interplay between leadership and HPWS, offering valuable perspectives for researchers, practitioners, and organizational leaders aiming to leverage HPWS for improved performance and competitive advantage.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139845610","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 : 2024-02-11DOI: 10.58355/organize.v3i1.77
Muhammad Khan
The research article explores the nuanced relationship between leadership styles and the effectiveness of High-Performance Work Systems (HPWS) within organizations. HPWS are strategic approaches that integrate various human resource practices—such as selective hiring, comprehensive training, employee involvement, and incentive compensation—to enhance organizational performance. Leadership plays a pivotal role in the successful implementation of HPWS, influencing organizational culture, employee engagement, and the overall effectiveness of these systems. This study delves into how different leadership styles, including transformational, transactional, and servant leadership, influences the deployment and sustainability of HPWS. Through theoretical analysis and examination of empirical studies, the research identifies key challenges in aligning leadership with HPWS, such as resistance to change and cultural misalignments, and proposes strategies to overcome these obstacles. Additionally, real-world case studies illustrate the practical implications of leadership on HPWS outcomes, providing insights into how organizations can harness leadership to enhance the success of HPWS. The findings highlight the importance of strategic leadership development and the need for leaders to embody the values and behaviors that HPWS promote. This study contributes to the understanding of the critical interplay between leadership and HPWS, offering valuable perspectives for researchers, practitioners, and organizational leaders aiming to leverage HPWS for improved performance and competitive advantage.
{"title":"Integrating Leadership Styles with High-Performance Work Systems: Pathways to Organizational Excellence","authors":"Muhammad Khan","doi":"10.58355/organize.v3i1.77","DOIUrl":"https://doi.org/10.58355/organize.v3i1.77","url":null,"abstract":"The research article explores the nuanced relationship between leadership styles and the effectiveness of High-Performance Work Systems (HPWS) within organizations. HPWS are strategic approaches that integrate various human resource practices—such as selective hiring, comprehensive training, employee involvement, and incentive compensation—to enhance organizational performance. Leadership plays a pivotal role in the successful implementation of HPWS, influencing organizational culture, employee engagement, and the overall effectiveness of these systems. This study delves into how different leadership styles, including transformational, transactional, and servant leadership, influences the deployment and sustainability of HPWS. Through theoretical analysis and examination of empirical studies, the research identifies key challenges in aligning leadership with HPWS, such as resistance to change and cultural misalignments, and proposes strategies to overcome these obstacles. Additionally, real-world case studies illustrate the practical implications of leadership on HPWS outcomes, providing insights into how organizations can harness leadership to enhance the success of HPWS. The findings highlight the importance of strategic leadership development and the need for leaders to embody the values and behaviors that HPWS promote. This study contributes to the understanding of the critical interplay between leadership and HPWS, offering valuable perspectives for researchers, practitioners, and organizational leaders aiming to leverage HPWS for improved performance and competitive advantage.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139785752","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 : 2024-02-11DOI: 10.58355/organize.v3i1.78
Adriel Analyn
This study investigated the correlation between savings, investment, and economic growth. An implication of this research is the identification of the input of production that has a greater impact on economic growth. The study used an ARDL model to analyze time series data collected over a period of twenty years. The findings indicate a direct correlation between savings, investment, and economic growth. The study's most notable finding is the confirmation of labor's significant influence on economic growth, surpassing the contribution of capital.
{"title":"An Investigation Into the Determinants of Savings and Investment","authors":"Adriel Analyn","doi":"10.58355/organize.v3i1.78","DOIUrl":"https://doi.org/10.58355/organize.v3i1.78","url":null,"abstract":"This study investigated the correlation between savings, investment, and economic growth. An implication of this research is the identification of the input of production that has a greater impact on economic growth. The study used an ARDL model to analyze time series data collected over a period of twenty years. The findings indicate a direct correlation between savings, investment, and economic growth. The study's most notable finding is the confirmation of labor's significant influence on economic growth, surpassing the contribution of capital.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139785991","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 : 2024-02-11DOI: 10.58355/organize.v3i1.78
Adriel Analyn
This study investigated the correlation between savings, investment, and economic growth. An implication of this research is the identification of the input of production that has a greater impact on economic growth. The study used an ARDL model to analyze time series data collected over a period of twenty years. The findings indicate a direct correlation between savings, investment, and economic growth. The study's most notable finding is the confirmation of labor's significant influence on economic growth, surpassing the contribution of capital.
{"title":"An Investigation Into the Determinants of Savings and Investment","authors":"Adriel Analyn","doi":"10.58355/organize.v3i1.78","DOIUrl":"https://doi.org/10.58355/organize.v3i1.78","url":null,"abstract":"This study investigated the correlation between savings, investment, and economic growth. An implication of this research is the identification of the input of production that has a greater impact on economic growth. The study used an ARDL model to analyze time series data collected over a period of twenty years. The findings indicate a direct correlation between savings, investment, and economic growth. The study's most notable finding is the confirmation of labor's significant influence on economic growth, surpassing the contribution of capital.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139845627","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 : 2024-02-06DOI: 10.58355/organize.v3i1.75
Omar Al-Kasasbeh
The digital revolution has brought about significant changes to the global economy, creating a new paradigm known as the digital economy. This article delves into the various aspects of the digital economy, examining its impacts and exploring the opportunities it presents for businesses, industries, and society as a whole. The study investigates the key drivers and characteristics of the digital economy, such as digital platforms, data-driven innovation, and technological advancements. It analyzes the transformative effects of the digital economy on traditional sectors and highlights the potential for enhanced productivity, innovation, and economic growth. Additionally, the article examines the challenges and policy considerations in harnessing the full potential of the digital economy, including issues related to the digital divide, data privacy, and cybersecurity. By understanding the dynamics of the digital economy, policymakers, businesses, and individuals can adapt and leverage digital transformation for sustainable economic development and inclusive growth.
{"title":"The Transformation of the Economy: Exploring the Impacts and Opportunities of the Digital Economy","authors":"Omar Al-Kasasbeh","doi":"10.58355/organize.v3i1.75","DOIUrl":"https://doi.org/10.58355/organize.v3i1.75","url":null,"abstract":"The digital revolution has brought about significant changes to the global economy, creating a new paradigm known as the digital economy. This article delves into the various aspects of the digital economy, examining its impacts and exploring the opportunities it presents for businesses, industries, and society as a whole. The study investigates the key drivers and characteristics of the digital economy, such as digital platforms, data-driven innovation, and technological advancements. It analyzes the transformative effects of the digital economy on traditional sectors and highlights the potential for enhanced productivity, innovation, and economic growth. Additionally, the article examines the challenges and policy considerations in harnessing the full potential of the digital economy, including issues related to the digital divide, data privacy, and cybersecurity. By understanding the dynamics of the digital economy, policymakers, businesses, and individuals can adapt and leverage digital transformation for sustainable economic development and inclusive growth.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139862032","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 : 2024-02-06DOI: 10.58355/organize.v3i1.76
Mohamed Hasan Mohamed Majid, Mohammed Ibrahim Inthisar Banu
Unemployment is a major issue for arts graduates in various countries, including Sri Lanka. In 2023, the Labor Force Survey reported an overall unemployment rate of 4.7%, with over 50,000 unemployed graduates, mostly from Arts and social sciences backgrounds in Sri Lanka. Therefore, the Sri Lankan government should develop appropriate policies to reduce unemployment. Consequently, research is needed to identify the factors and challenges faced by arts graduates in unemployment for policymakers. Numerous studies worldwide have explored the factors and challenges of unemployment among this group. The main objective of this study is to identify the challenges faced by arts graduates in the current Job market in Sri Lanka and to identify the causes of unemployment and propose recommendations to them. Quantitative research method was used to achieve the objectives of the study, the primary data were collected through a structured questionnaire administered to 120 Arts undergraduates from the South Eastern, Eastern, Peradeniya, and Jaffna Universities. Simultaneously, secondary data were gathered from books, research articles, University Grant Commission report, National Audit Office report, Sri Lanka Labor Force Survey report, and websites. The collected data was analyzed using Microsoft Excel. The study found that major challenges for Arts graduates include abundant job opportunities in the private sector. However, issues such as the necessary knowledge and skills often lead to prolonged unemployment. Many Arts graduates anticipate government jobs due to the perceived job security and pension benefits in the public sector. Simultaneously, Arts stream graduates who have completed professional courses and internship training are more likely to secure their first jobs immediately after graduation compared to those who haven't undergone such training. Nevertheless, a significant challenge is the limited employment opportunities for Arts graduates, both in the private and public sectors. The study indicates the necessity for substantial structural reforms on both the supply and demand sides to enhance the employability and employment rates of graduates. The government must take a leading role in these reforms to generate more job opportunities for arts graduates, while higher education institutes should initiate significant changes in study programs to cultivate intellectually rich and highly skilled graduates in arts and social sciences.
{"title":"Challenges Faced by Arts Graduates in the Current Job Market: A Sri Lankan Perspective","authors":"Mohamed Hasan Mohamed Majid, Mohammed Ibrahim Inthisar Banu","doi":"10.58355/organize.v3i1.76","DOIUrl":"https://doi.org/10.58355/organize.v3i1.76","url":null,"abstract":"Unemployment is a major issue for arts graduates in various countries, including Sri Lanka. In 2023, the Labor Force Survey reported an overall unemployment rate of 4.7%, with over 50,000 unemployed graduates, mostly from Arts and social sciences backgrounds in Sri Lanka. Therefore, the Sri Lankan government should develop appropriate policies to reduce unemployment. Consequently, research is needed to identify the factors and challenges faced by arts graduates in unemployment for policymakers. Numerous studies worldwide have explored the factors and challenges of unemployment among this group. The main objective of this study is to identify the challenges faced by arts graduates in the current Job market in Sri Lanka and to identify the causes of unemployment and propose recommendations to them. Quantitative research method was used to achieve the objectives of the study, the primary data were collected through a structured questionnaire administered to 120 Arts undergraduates from the South Eastern, Eastern, Peradeniya, and Jaffna Universities. Simultaneously, secondary data were gathered from books, research articles, University Grant Commission report, National Audit Office report, Sri Lanka Labor Force Survey report, and websites. The collected data was analyzed using Microsoft Excel. The study found that major challenges for Arts graduates include abundant job opportunities in the private sector. However, issues such as the necessary knowledge and skills often lead to prolonged unemployment. Many Arts graduates anticipate government jobs due to the perceived job security and pension benefits in the public sector. Simultaneously, Arts stream graduates who have completed professional courses and internship training are more likely to secure their first jobs immediately after graduation compared to those who haven't undergone such training. Nevertheless, a significant challenge is the limited employment opportunities for Arts graduates, both in the private and public sectors. The study indicates the necessity for substantial structural reforms on both the supply and demand sides to enhance the employability and employment rates of graduates. The government must take a leading role in these reforms to generate more job opportunities for arts graduates, while higher education institutes should initiate significant changes in study programs to cultivate intellectually rich and highly skilled graduates in arts and social sciences.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139800805","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 : 2024-02-06DOI: 10.58355/organize.v3i1.74
Mas Andini
The correlation between fiscal policy and economic growth has garnered significant interest recently. The economic expansion witnessed by various countries in recent decades has led to the emergence of a substantial body of theoretical and empirical literature aimed at elucidating these phenomena. There is a valid argument that can be made regarding the reciprocal relationship between economic growth and fiscal policy. This study examines the research undertaken on fiscal policies and their impact on economic growth. It is important to note that fiscal policy encompasses three main tools: government expenditure, taxation, and debt. Moreover, based on prior research, the correlation between fiscal policy and economic growth is ambiguous and inconsistent, with instances of both positive and negative associations. This study will examine the concept of fiscal policies, economic growth, and the correlation between these two factors based on prior research.
{"title":"The Influence Of Fiscal Policy On Economic Growth","authors":"Mas Andini","doi":"10.58355/organize.v3i1.74","DOIUrl":"https://doi.org/10.58355/organize.v3i1.74","url":null,"abstract":"The correlation between fiscal policy and economic growth has garnered significant interest recently. The economic expansion witnessed by various countries in recent decades has led to the emergence of a substantial body of theoretical and empirical literature aimed at elucidating these phenomena. There is a valid argument that can be made regarding the reciprocal relationship between economic growth and fiscal policy. This study examines the research undertaken on fiscal policies and their impact on economic growth. It is important to note that fiscal policy encompasses three main tools: government expenditure, taxation, and debt. Moreover, based on prior research, the correlation between fiscal policy and economic growth is ambiguous and inconsistent, with instances of both positive and negative associations. This study will examine the concept of fiscal policies, economic growth, and the correlation between these two factors based on prior research.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139859359","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 : 2024-02-06DOI: 10.58355/organize.v3i1.74
Mas Andini
The correlation between fiscal policy and economic growth has garnered significant interest recently. The economic expansion witnessed by various countries in recent decades has led to the emergence of a substantial body of theoretical and empirical literature aimed at elucidating these phenomena. There is a valid argument that can be made regarding the reciprocal relationship between economic growth and fiscal policy. This study examines the research undertaken on fiscal policies and their impact on economic growth. It is important to note that fiscal policy encompasses three main tools: government expenditure, taxation, and debt. Moreover, based on prior research, the correlation between fiscal policy and economic growth is ambiguous and inconsistent, with instances of both positive and negative associations. This study will examine the concept of fiscal policies, economic growth, and the correlation between these two factors based on prior research.
{"title":"The Influence Of Fiscal Policy On Economic Growth","authors":"Mas Andini","doi":"10.58355/organize.v3i1.74","DOIUrl":"https://doi.org/10.58355/organize.v3i1.74","url":null,"abstract":"The correlation between fiscal policy and economic growth has garnered significant interest recently. The economic expansion witnessed by various countries in recent decades has led to the emergence of a substantial body of theoretical and empirical literature aimed at elucidating these phenomena. There is a valid argument that can be made regarding the reciprocal relationship between economic growth and fiscal policy. This study examines the research undertaken on fiscal policies and their impact on economic growth. It is important to note that fiscal policy encompasses three main tools: government expenditure, taxation, and debt. Moreover, based on prior research, the correlation between fiscal policy and economic growth is ambiguous and inconsistent, with instances of both positive and negative associations. This study will examine the concept of fiscal policies, economic growth, and the correlation between these two factors based on prior research.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139799584","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 : 2024-02-06DOI: 10.58355/organize.v3i1.75
Omar Al-Kasasbeh
The digital revolution has brought about significant changes to the global economy, creating a new paradigm known as the digital economy. This article delves into the various aspects of the digital economy, examining its impacts and exploring the opportunities it presents for businesses, industries, and society as a whole. The study investigates the key drivers and characteristics of the digital economy, such as digital platforms, data-driven innovation, and technological advancements. It analyzes the transformative effects of the digital economy on traditional sectors and highlights the potential for enhanced productivity, innovation, and economic growth. Additionally, the article examines the challenges and policy considerations in harnessing the full potential of the digital economy, including issues related to the digital divide, data privacy, and cybersecurity. By understanding the dynamics of the digital economy, policymakers, businesses, and individuals can adapt and leverage digital transformation for sustainable economic development and inclusive growth.
{"title":"The Transformation of the Economy: Exploring the Impacts and Opportunities of the Digital Economy","authors":"Omar Al-Kasasbeh","doi":"10.58355/organize.v3i1.75","DOIUrl":"https://doi.org/10.58355/organize.v3i1.75","url":null,"abstract":"The digital revolution has brought about significant changes to the global economy, creating a new paradigm known as the digital economy. This article delves into the various aspects of the digital economy, examining its impacts and exploring the opportunities it presents for businesses, industries, and society as a whole. The study investigates the key drivers and characteristics of the digital economy, such as digital platforms, data-driven innovation, and technological advancements. It analyzes the transformative effects of the digital economy on traditional sectors and highlights the potential for enhanced productivity, innovation, and economic growth. Additionally, the article examines the challenges and policy considerations in harnessing the full potential of the digital economy, including issues related to the digital divide, data privacy, and cybersecurity. By understanding the dynamics of the digital economy, policymakers, businesses, and individuals can adapt and leverage digital transformation for sustainable economic development and inclusive growth.","PeriodicalId":509754,"journal":{"name":"ORGANIZE: Journal of Economics, Management and Finance","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139802390","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}
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