Mohd Syahrin
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TRANSNATIONAL ECONOMIC COOPERATION IN BORDER TERRITORIES: OPPORTUNITIES AND CHALLENGES Melyana R Pugu; Erwin; Jeferson Siahaan; Mohd Syahrin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 5 (2024): May
Publisher : Adisam Publisher

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Abstract

Transnational economic cooperation is a process of cooperation between countries in order to increase global economic growth and development. Transnational economic cooperation can take many forms, such as free trade agreements, investment agreements, and regional integration agreements. Transnational economic cooperation has an important role in maximizing infrastructure development. In fact, infrastructure development can be accelerated if all parties collaborate closely. The economy taking place in border areas must be controlled with various profitable policies, both for producers, consumers and distributors. The government's main role in encouraging opportunities for transnational economic cooperation is to control the economy with various economic policies to make its citizens prosperous. Each form of cooperation has the same goal, namely to facilitate transnational business activities and also accelerate the process of trade liberalization. This article employs a form of literature review that includes hypotheses pertaining to the issue under investigation. This research discusses transnational economic cooperation, opportunities for transnational economic cooperation in border regions, and the challenges of transnational economic cooperation in border regions.
ECONOMIC OPTIMIZATION IN THE AGE OF ARTIFICIAL INTELLIGENCE: OPPORTUNITIES AND CHALLENGES Loso Judijanto; Melyana R Pugu; Anggi Setya Prayoga; Mohd Syahrin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 6 (2024): June
Publisher : Adisam Publisher

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The era of artificial intelligence (AI) arrived with promises of major transformation in various economic sectors. With its ability to automate routine tasks, improve decision-making, and enhance product and service innovation, AI has the potential to significantly improve operational efficiency and drive economic growth. The research methods carried out on this study are literature by searching for references that match the context of the research. Research shows that the use of AI in economic terms increases productivity, facilitates innovation, and adapts the labour market to the digital age, while the challenges of AI integration relate to privacy and data security, labour market disruptions, and ethical issues related to machine decision-making. Therefore, despite the significant challenges, with a wise and proactive approach, the transition to the era of artificial intelligence can be a major driver of economic optimization and social progress.
LOCAL ECONOMIC EMPOWERMENT: STRATEGIES AND IMPLEMENTATION Loso Judijanto; Amândio de Araújo Sarmento; Mohd Syahrin; Mohamad Khairi Bin Haji Othman; Al-Amin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 7 (2024): July
Publisher : Adisam Publisher

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Abstract

Local economic empowerment plays a crucial role in sustainable economic growth, focusing on improved access to finance, education and employment training, appropriate infrastructure, and the implementation of proactive government policies. The strategy emphasizes the importance of integration and collaboration among various stakeholders, including governments, communities, and the private sector, to create an ecosystem that supports innovation, entrepreneurship, and local business development. The research methods carried out on this study are literature. Research results show that the success of local economic empowerment depends heavily on how much the local community is involved in program planning and execution. Access to broader financial resources, targeted and relevant education and training, as well as infrastructure development to meet local specific needs, have proven to be key drivers of economic growth. Government policies that support, through incentives and facilities, are also decisive in supporting this economic activity.
MICROFINANCE AS A TOOL FOR ECONOMIC EMPOWERMENT OF THE UNDERPRIVILEGED Erwin; A.Hamid; Mohd Syahrin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 8 (2024): August
Publisher : Adisam Publisher

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Microfinance is a financial service aimed at individuals or small businesses that typically do not have access to conventional banking and financial services. It aims to promote economic independence and reduce poverty by providing credit, savings, insurance, and other financial services to small businesses and low-income individuals. These services assist them in starting or expanding their businesses, increasing their income, and gradually improving their standard of living. The research method conducted in this study is the literature research method. The results of the literature review show that microfinance has significant potential in supporting entrepreneurial activities, increasing income, and reducing poverty. Furthermore, microfinance has proven to be effective in enhancing women's economic capacity, giving them access to financial resources that were previously unreachable. However, its effectiveness depends on a number of factors such as programme design, local economic conditions, and the level of financial literacy of the recipients. The research also identified several challenges, including the risk of over-indebtedness and financial instability for borrowers.
FINANCIAL RISK MANAGEMENT STRATEGIES FOR STARTUPS IN THE DIGITAL ERA Erwin; Teti Anggita Safitri; Alfiana; Mohd Syahrin
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 9 (2024): September
Publisher : Adisam Publisher

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Financial Risk Management Strategy for Startups in the Digital Age is an integrated approach used by startup companies to identify, mitigate, and manage financial risks arising in a dynamic digital environment. The strategy includes developing realistic budgets and financial projections, investing in cybersecurity and insurance, and diversifying revenue. The aim is to increase the company's resilience to market fluctuations and digital threats, and achieve sustainable business growth. The study conducted in this research uses the literature research method. The results show that there are three main strategies that can help startups manage financial risks. First, realistic budgeting and financial projections help startups monitor expenses and identify funding needs at each stage of development. Second, investing in adequate cybersecurity and insurance is crucial to protect business and customer data from digital threats and reduce potential financial losses due to data breaches or system failures. Thirdly, revenue diversification helps startups to be more resilient to market fluctuations, allowing companies to be more adaptive and proactive in managing risks.
INFLUENCE OF BORDER INFRASTRUCTURE ON TRADE AND ECONOMIC GROWTH IN BORDER AREAS Melyana R Pugu; Muhammad Syafri; Nahot Tua Parlindungan Sihaloho; Mohd Syahrin
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 6 (2024): JUNE
Publisher : Adisam Publisher

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Abstract

Border infrastructure has an impact on trade and economic growth for communities living on the border. This method of investigation uses the study of literature by searching for references that fit the context of the research. The results of the research show that the improvement of the infrastructure in the border area has a significant positive impact on the volume of trade, with reduced logistics costs and improved efficiency of the flow of goods and services. Better infrastructure is strongly correlated with higher levels of foreign investment and closer regional economic integration. Further analysis shows that increased access to education, health care, and public services, catalysed by infrastructure investment, significantly contributes to economic and social development in the border areas. The research also found that strong border infrastructure increases economic resilience to external disturbances and drives long-term growth through economic diversification and innovation.
THE ROLE OF SUSTAINABLE MARKETING IN CREATING VALUE FOR CUSTOMERS AND SOCIETY Moh. Yamin Darsyah; Felina C Young; Mohammad Taqiuddin Mohamad; Mohd Syahrin; Al-Amin
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 7 (2024): JULY
Publisher : Adisam Publisher

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In the past decade, global awareness regarding sustainability has increased, fueling greater demand for socially and environmentally responsible business practices. This has led to the development of sustainable marketing as a key strategy for companies to not only meet consumer expectations but also to act as leaders in sustainability. This study aims to explore the effectiveness of sustainable marketing in creating value for consumers and companies. The study conducted in this research uses the literature research method. The results show that authenticity, transparent communication, and meaningful interaction with consumers are key factors in the effectiveness of sustainable marketing. Long-term success is also closely related to the company's ability to effectively integrate sustainability efforts into all aspects of business operations, from procurement to point of sale. The findings emphasize the importance of a holistic approach to sustainability marketing to create substantial value for consumers, increase brand loyalty, and positively influence firm performance.
TRANSFORMATIONAL LEADERSHIP IN IMPROVING PUBLIC ORGANISATION PERFORMANCE Erwin; Melyana R Pugu; Amândio de Araújo Sarmento; Al-Amin; Mohd Syahrin
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 8 (2024): AUGUST
Publisher : Adisam Publisher

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Transformational leadership is a leadership style in which the leader inspires and motivates employees to exceed their expectations by creating a compelling long-term vision, promoting innovation, and embedding ethical values and integrity in the organisation's culture. In this leadership, leaders focus on the personal development of employees, empowering them to take initiative and think creatively, with the ultimate goal of improving organisational performance and adaptability in the face of challenges and change. The research method used is literature research method. The results of the literature analysis show that transformational leadership has various positive impacts on the performance of public organisations. First, transformational leaders are able to increase employee motivation and commitment through inspiring communication and providing positive feedback, which has an impact on increasing productivity and job satisfaction. Second, transformational leadership contributes to the development of a strong organisational culture, prioritising ethical values and integrity, which is important in improving accountability and transparency in the public sector. Third, transformational leaders make organisations more adaptive and responsive to change by empowering employees to think creatively and proactively.
ANTI-CORRUPTION POLICIES AND THEIR IMPLICATIONS FOR NATIONAL POLITICAL STABILITY Miranu Triantoro; Iyad Abdallah Al- Shreifeen; Hadenan Towpek; Mohd Syahrin
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 10 (2024): OCTOBER
Publisher : Adisam Publisher

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Corruption has been one of the most serious problems faced by various countries around the world, and Indonesia is no exception. This phenomenon not only has a major impact on the economy of a nation, but also significantly affects domestic political stability. The research method utilizes literature review as the source of data. The results of the study reveal that the Indonesian government has implemented various anti-graft policies, including the establishment of the Corruption Eradication Commission (KPK), strengthening the judicial system, and increasing transparency in state financial management. The implementation of these policies has had a positive impact on efforts to fight corruption, but has also created various challenges and political dynamics. The implications of anti-corruption policies for domestic political stability can be observed in several ways; Increased public trust in the government and state institutions, Changes in power dynamics and political competition among elites, Strengthening the system of checks and balances in governance, Increased international pressure and its influence on diplomatic relations and Resistance from groups that feel threatened by anti-corruption policies.
INNOVATIONS IN LEGAL MANAGEMENT: TRANSFORMING THE ROLE OF LAW DEPARTMENTS IN ORGANISATIONS Latif Karim; Sigit Pandu Cahyono; Mohd Syahrin
INTERNATIONAL JOURNAL OF SOCIAL AND EDUCATION Vol. 1 No. 5 (2024): August
Publisher : Pondok Pesantren Baitul Quran

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In an era of digital revolution where interconnectivity and globalisation are growing at a rapid pace, innovation in legal management has become a necessity for every organisation to survive in the midst of fierce competition and comply with increasingly complex regulations. Legal departments that used to focus on reactive roles such as dispute resolution and fulfilling minimum obligations are now transforming into more strategic and proactive entities. The implementation of advanced technologies such as artificial intelligence, data analytics and automation has changed the way law departments work, enabling increased efficiency, reduced costs and a focus on value-added activities. Globalisation and increasing regulatory complexity require law departments to have rapid adaptability and a deep understanding of the laws of various jurisdictions. The role of the legal department has expanded from a mere compliance watchdog to a strategic business partner capable of responding responsively to changing regulations and market dynamics. However, this transformation is faced with obstacles such as internal resistance to change, limited resources, and the challenge of integrating new technology into existing systems. The success of legal management innovation depends on effective strategy, visionary leadership, and appropriate investment in human resources and technology. In conclusion, to achieve effective and innovative legal management, an organisation needs to overcome these constraints through a strategic and progressive approach. By creating an enabling environment for innovation and growth, legal can act as a strategic partner that not only ensures compliance and risk management but also supports the sustainable achievement of business objectives.