Caroline Caroline
Universitas Sultan Fatah, Indonesia

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EXPLORING THE ECONOMIC IMPACTS OF SUSTAINABLE TOURISM ON LOCALS: A COMPARATIVE ANALYSIS BETWEEN BALI AND NORTH SUMATERA Diego Romario De Fretes; Caroline Caroline; Al- Amin; Swanto Sirait; Ahmad Rizani
INTERNATIONAL JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS (INJOSS) Vol. 2 No. 3 (2023): SEPTEMBER
Publisher : ADISAM PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54443/injoss.v2i3.88

Abstract

This comparative analysis explores the economic impacts of sustainable tourism on local communities in Bali and North Sumatra, Indonesia. The study highlights the significance of understanding the specific contexts of these regions and examines the economic benefits, challenges, and policy initiatives related to sustainable tourism development. The research methodology involved a comprehensive literature review and data analysis. The selection criteria for comparative analysis and the variables and indicators used were carefully considered to ensure a comprehensive examination of the economic impacts of sustainable tourism in Bali and North Sumatra. The findings reveal positive economic outcomes in both regions, including job creation, income generation, and support for local businesses. However, Bali exhibits a more significant economic impact with its more developed tourism industry than North Sumatra. This difference can be attributed to factors such as higher tourist influx and better tourism infrastructure in Bali. The comparative analysis also uncovers common challenges locals face in both regions, including infrastructure development, resource management, cultural preservation, community engagement, capacity building, marketing strategies, and equitable distribution of benefits. Addressing these challenges is essential for sustaining the economic benefits of sustainable tourism and ensuring the preservation of natural and cultural resources. In conclusion, this comparative analysis highlights the economic impacts of sustainable tourism in Bali and North Sumatra. It emphasizes the need to address challenges and implement effective policies to maximize economic benefits and ensure a more equitable distribution for local communities.
STORYNOMICS IN THE DIGITAL ERA: A NEW STRATEGY FOR CREATING ENGAGING TOURIST EXPERIENCES THROUGH COMPELLING NARRATIVES Novianty Djafri; Caroline Caroline; Muhamad Stiadi; Siti Sumiati; Al- Amin
INTERNATIONAL JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS (INJOSS) Vol. 2 No. 3 (2023): SEPTEMBER
Publisher : ADISAM PUBLISHER

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Abstract

This paper presents a research study investigating the effectiveness of Storynomics as a novel strategy for enhancing consumer engagement in the tourism industry during the digital era. Recognizing the influential role of stories in inspiring connections between travelers and destinations, the study also acknowledges the significance of technology in integrating storytelling into tourism. Storynomics, the proposed approach, combines the power of storytelling with digital technology to create captivating and immersive tourist experiences. A mixed-methods research approach was employed to explore the implementation and impact of Storynomics in the tourism industry. The research commenced with a comprehensive literature review, gathering theoretical foundations and existing knowledge on storytelling, technology, and consumer engagement in tourism. This review was the basis for developing a conceptual framework for Storynomics in tourism. Following the literature review, a series of practical case studies focused on successful Storynomics implementations by tourism companies. These case studies involved qualitative interviews with industry professionals, analysis of narrative content, and examination of social media platforms and interactive applications employed by these companies. The findings from the case studies were synthesized to provide valuable insights into the application of Storynomics in the tourism industry. The study highlights how the synergy between storytelling and digital technology can generate compelling and personalized experiences, drive consumer engagement, and contribute to broader marketing objectives and business growth.
DEMOCRACY DIALOGUE: THE SUSTAINABILITY OF DEMOCRACY IN SOUTHEAST ASIA - CASE STUDY ON THE INDONESIAN PRESIDENTIAL ELECTION Novianty Djafri; Caroline Caroline; Sitti Nur Alam; Erfan Hasmin; Zulvia Trinova
INTERNATIONAL JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS (INJOSS) Vol. 2 No. 3 (2023): SEPTEMBER
Publisher : ADISAM PUBLISHER

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Abstract

This research paper examines the sustainability of democracy in Southeast Asia, focusing on Indonesia's Presidential Election as a case study. The region's diverse political landscape has undergone significant transformations influenced by globalization, civil society movements, and international pressures. As the largest country in Southeast Asia, Indonesia is a crucial example of a nation transitioning from authoritarian rule to democracy. Through qualitative and quantitative research methods, the study analyzes key variables influencing Indonesian democracy, such as democratic institutions, civil society participation, political parties, decentralization, socioeconomic factors, ethnic diversity, and international relations. Findings highlight the complex interactions of these variables in shaping the sustainability of democracy in Indonesia and offer broader implications for the region. While progress has been made in democratic consolidation, political instability and corruption persist. Understanding the complexities of democracy in Southeast Asia provides valuable insights for policymakers and advocates, emphasizing the need for continued dialogue and cooperation to promote sustainable democratic practices and foster regional stability and development.
STRATEGIC HUMAN RESOURCE MANAGEMENT IN INTERNATIONAL BUSINESS: A CASE STUDY OF MULTINATIONAL COMPANIES Dina Novita; Caroline Caroline; Siti Sumiati; Ony Kurniawati; Mohd. Fauzi Hussin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 1 (2023): October
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Abstract

This study delves into Strategic Human Resource Management (SHRM) within the context of international business, utilizing a case study approach to examine the practices of multinational companies. The objective is to shed light on the multifaceted dynamics of HRM in a global context and assess its significance for multinational corporations. The research employs a comprehensive methodology that combines a literature review, qualitative analysis of case studies, and empirical data collection. It examines the role of HRM in multinational companies, emphasizing its crucial function in navigating the complexities of global markets. Furthermore, the study explores the impact of cultural diversity on HRM strategies, recognizing that adequate cross-cultural competence is paramount for success. The case studies offer insights into talent management and recruitment strategies tailored to local markets, emphasizing the adaptability of HR policies to varying international contexts. Moreover, the research underscores the importance of network relationships within and with local partners in shaping HRM outcomes. This study contributes to the field of HRM in international business by integrating existing theories and empirical evidence into a coherent framework. It underscores the need for HRM practices accommodating diverse cultural and institutional contexts. Ultimately, it provides HR professionals and international business leaders with actionable insights to enhance their HRM strategies in the dynamic landscape of global operations.
ANALYSIS OF THE IMPACT OF MONETARY POLICY AND TRANSMISSION MECHANISMS ON ECONOMIC GROWTH IN INDONESIA: AN EMPIRICAL APPROACH USING VAR (VECTOR AUTOREGRESSION) MODEL Loso Judianto; Caroline Caroline; Ahmad Rizani; Umar Kholil Lubis; Zet Abdullah
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 2 (2023): November
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This research investigates the intricate relationship between monetary policy, transmission mechanisms, and economic growth in Indonesia using an empirical approach employing the Vector Autoregression (VAR) model. In the ever-evolving landscape of global economics, the role of monetary policy in promoting stability and growth is pivotal, especially for emerging economies like Indonesia. The study delves into the specific context of Indonesia, a country that has experienced periods of economic growth amid challenges such as fluctuating inflation rates, exchange rates, and external shocks. The research explores how the central bank, Bank Indonesia, employs monetary policy tools to navigate these challenges and assesses the impact of these policies on the nation's economic growth. Furthermore, it examines the transmission mechanisms propagating these effects, including interest rates, exchange rates, and bank lending. It also scrutinizes the presence of time lags, the magnitude and direction of these effects, and the influence of external factors. The findings of this study are expected to have significant implications for policymakers, central banks, investors, and the broader academic community. Understanding monetary policy dynamics in a globalized world marked by economic volatility is critical for making informed policy decisions.
ASSESSING THE IMPACT OF TRADE LIBERALIZATION ON ECONOMIC GROWTH: A COMPARATIVE ANALYSIS OF DEVELOPING ECONOMIES IN THE CONTEXT OF GLOBALIZATION AND POLICY IMPLICATIONS Caroline Caroline; Siti Sumiati; Ahmad Rizani; Loso Judijanto; Yamolala Zega
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 2 (2023): November
Publisher : Adisam Publisher

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Abstract

In the context of globalization, this study assessed the impact of trade liberalization on economic growth in developing economies and provided essential policy implications. Utilizing a comparative analysis, historical perspectives, and quantitative measures, we examined case studies of developing nations to understand the dynamic relationship between trade liberalization and economic growth. The results demonstrated that trade liberalization has generally yielded positive outcomes, fostering economic growth and integration into the global economy. Developing countries that actively engaged in trade liberalization experienced increased foreign direct investment, expanded exports, and enhanced economic development. However, the study also identified various factors influencing this relationship, including institutional factors, human capital, investment in infrastructure, and political stability. In the context of globalization, the study highlighted the profound impact of international trade agreements and the need for responsive trade policy reforms. Lessons from the comparative analysis were used to provide practical recommendations for developing economies. These recommendations emphasize the importance of nurturing human capital, promoting sound governance, and investing in critical infrastructure. While acknowledging the potential challenges and risks, this research underlines the significance of carefully crafted trade policies to harness the benefits of trade liberalization and ensure sustainable economic growth.
STRATEGIC HUMAN CAPITAL PLANNING IN THE ASIAN DIGITAL ECONOMY: ALIGNING WORKFORCE DEVELOPMENT WITH BUSINESS OBJECTIVES Loso Judijanto; Tengku Ine Hendriana; Caroline Caroline; A Fadel Muhammad; Syaepudin Syaepudin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 1 No. 3 (2023): December
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This research delved into Strategic Human Capital Planning (SHCP) in the Asian Digital Economy, examining the alignment of workforce development with business objectives. A comprehensive analysis encompassed the dynamic landscape of the Asian digital sector. Skill mapping was conducted to understand workforce capabilities and identify gaps and future skill requirements. Continuous learning initiatives were embraced, promoting a culture of adaptability and innovation. Leadership development programs were instituted, emphasizing both technical and soft skills. Tailored talent acquisition strategies sought candidates with diverse skill sets, aligning with the region's cultural nuances. Technology, including data analytics, facilitated data-driven insights for informed decision-making. Inclusivity and diversity were promoted, recognizing their value in fostering innovation. Challenges were addressed through proactive change management, targeted skill development, cultural sensitivity training, and clear communication channels. Incentives for adaptability and collaborative decision-making further facilitated successful implementation. The study concluded with practical recommendations for businesses navigating the complexities of the Asian Digital Economy, urging a strategic focus on human capital planning.
Taxation in the Modern Economy: An In-Depth Analysis of Policy Frameworks, Economic Implications, and Strategic Approaches for Sustainable Financial Development Caroline Caroline; Siti Sumiati; Ahmad Rizani; Loso Judijanto; Novianty Djafri
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 1 No. 2 (2023): DECEMBER
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This paper delves into the pivotal role of taxation in shaping the intricate dynamics of the contemporary economic landscape. Focusing on the imperative of sustaining financial development, the analysis emphasizes the importance of effective tax policies. The study thoroughly examines diverse tax policies, unraveling their multifaceted dimensions and scrutinizing their direct and indirect impact on economic agents, wealth distribution, and overarching financial stability. In the pursuit of equitable growth, the analysis navigates through the complexities of various taxation strategies, assessing their potential to bridge socioeconomic gaps. The study actively engages with the challenges presented by modern taxation systems and identifies opportunities for refinement and innovation. The paper considers global economic dynamics that influence and shape contemporary tax structures in a world characterized by evolving economic paradigms. Real-world case studies are integrated, providing practical insights into the application and consequences of different tax policies. Drawing on economic theory, rigorous policy analysis, and empirical observations, the paper seeks to contribute substantially to the ongoing discourse on designing and implementing effective tax systems. By synthesizing insights from diverse perspectives, the objective is to provide a holistic understanding of taxation's pivotal role in fostering economic prosperity. In this comprehensive exploration, the paper aims to deepen scholarly understanding and offer valuable insights for policymakers, economists, and practitioners grappling with the complexities of taxation in the modern era.