Review of International Economy and Finance
type: channel
description: Journal Title: Review of International Economy and Finance Initials: RITEF Frequency: Each month Online ISSN: 3089-3925 Editor in Chief: Dr. Tehedi, MSI DOI: Zenodo European Union Publisher: CV. ADIBA AISHA AMIRA Review of International Economy and finance (RITEF) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, Production/Operational Management, Strategic Management, Islamic Business Management, Halal Industry Management, Hajj and Umro Management, Zakat and Waqf/ Islamic Philanthropy Management, Tourism Management, Banking Management, Industrial Management, Agribusiness Management, Business Administration.
publisher: CV. ADIBA AISHA AMIRA
language: en
publication name: Review of International Economy and Finance
issn: 3089-3925
items: GLOBALISATION CHALLENGES TO INDONESIA'S LEADING ECONOMIC SECTORS: RESILIENCE, COMPETITIVENESS, AND ADAPTATION STRATEGIES
items: IDENTIFICATION OF LEADING ECONOMIC SECTORS AND DEVELOPMENT CHALLENGES IN INDONESIA
items: EMPLOYEES AS SERVICE PROVIDERS: COMPENSATION ANALYSIS BASED ON EMPLOYMENT AGREEMENTS
items: THE DYNAMICS OF LOCAL GOODS TRADE AND IMPORTS IN THE SERIKIN CROSS-BORDER MARKET: AN ANALYSIS OF INDONESIA-MALAYSIA ECONOMIC INTERACTIONS THROUGH LITERATURE REVIEW
items: THE INFLUENCE OF CAPITAL AND ENTREPRENEURIAL CHARACTERISTICS ON BUSINESS DEVELOPMENT AND SUSTAINABILITY: A LITERATURE REVIEW OF INDONESIAN MSMES
items: THE EFFECTIVENESS OF SOCIALISATION OF THE IMPLEMENTATION OF BILATERAL CROSS-BORDER TRADE AGREEMENTS: A LITERATURE REVIEW ON THE IMPROVEMENT OF THE WELFARE OF BORDER COMMUNITIES
items: THE ROLE OF OVERSIGHT IN THE IMPLEMENTATION OF CROSS-BORDER TRADE AGREEMENTS: A LITERATURE REVIEW ON THE BENEFITS FOR BORDER COMMUNITIES
items: LITERATURE ANALYSIS: THE ROLE OF ECONOMIC FACTORS IN INCREASING THEFT CRIMES IN INDONESIA
items: THE ROLE OF DATA-DRIVEN DECISION MAKING IN DIGITAL MARKETING STRATEGY: A LITERATURE REVIEW
items: DIGITAL CUSTOMER JOURNEY: BUILDING CUSTOMER LOYALTY IN THE VIRTUAL WORLD
items: THE RESPONSIBILITY OF ENTREPRENEURS IN MANAGING INVESTMENTS TO ENSURE BUSINESS SUSTAINABILITY: A CONCEPTUAL AND PRACTICAL REVIEW
items: THE EFFECTIVENESS OF FISCAL POLICY AND GOVERNMENT STIMULUS IN MAINTAINING DOMESTIC CONSUMPTION AND INVESTMENT: A LITERATURE REVIEW
items: ANALYSIS OF THE INFLUENCE OF COMMUNITY ECONOMIC EMPOWERMENT AND FINANCIAL INCLUSION IN STRENGTHENING MSME CAPITAL (A STUDY OF GOVERNMENT PROGRAM LITERATURE IN INDONESIA)
items: ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING IN PERSONALISATION MARKETING: A LITERATURE REVIEW
items: GREEN ECONOMIC POLICIES AND PRACTICES: AN EVALUATION OF THEIR IMPACT ON SOCIO-ECONOMIC WELL-BEING IN THE CONTEXT OF CLIMATE CHANGE
items: TOWARDS ZERO EMISSIONS: A CRITICAL REVIEW OF THE CONTRIBUTION OF THE GREEN ECONOMY TO GLOBAL CLIMATE CHANGE TARGETS
items: REDUCING SOCIAL INEQUALITY THROUGH MICRO-INCLUSIVE ECONOMIC POLICIES: A CASE STUDY FROM DEVELOPING COUNTRIES
items: IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE AND CSR IN INDONESIA BUSINESS PRACTICES: LEGAL AND ETHICAL ANALYSIS
items: ENHANCING ECONOMIC COMPETITIVENESS THROUGH INNOVATIVE MARKETING STRATEGIES
items: THE IMPACT OF BIG DATA ON THE OPTIMISATION OF MARKETING CAMPAIGNS: A LITERATURE REVIEW
items: DISTRIBUTION OF GOODS AT THE BUSINESS SERVICES BUILDING FIGURE, GALING VILLAGE, GALING SUB-DISTRICT
items: ORGANISING LOGISTICS IN ALFAMART SAMBAS SUB DISTRICT, TUMUK MANGGIS VILLAGE
items: COLLABORATION BETWEEN INDUSTRY AND GOVERNMENT IN REALISING A SUSTAINABLE ECONOMY 5.0
items: CYBERSECURITY AND DATA PROTECTION IN THE MIDST OF THE ECONOMY 5.0 DIGITAL TRANSFORMATION
items: FUND MANAGEMENT STRATEGIES FOR SUCCESSFUL PROPERTY INVESTMENT
items: PROPERTY BUSINESS MANAGEMENT AND MARKETING
items: ISLAMIC BUSINESS COMMUNICATION ETHICS
items: OPPORTUNITIES AND CHALLENGES OF PROPERTY INVESTMENT IN INDONESIA
items: STOCK COMPANIES FROM THE PERSPECTIVE OF ISLAMIC ECONOMICS IN INDONESIA

GLOBALISATION CHALLENGES TO INDONESIA'S LEADING ECONOMIC SECTORS: RESILIENCE, COMPETITIVENESS, AND ADAPTATION STRATEGIES
type: item
description: This study discusses the challenges faced by Indonesia's main economic sectors in facing globalisation, particularly in relation to resilience and competitiveness. Global market openness has created various external pressures such as price fluctuations, changes in international trade policies, and competition from imported products, which have an impact on national economic resilience. On the other hand, globalisation also opens up opportunities through wider access to export markets, foreign investment, and the adoption of new technologies. Therefore, this study highlights various adaptation strategies that are needed, such as product diversification, technological innovation, improving the quality of human resources, strengthening infrastructure, and protecting intellectual property rights. With the active role of the government, the private sector, and the community, especially MSMEs, Indonesia is expected to be able to strengthen the resilience and competitiveness of its economic sectors so that they can survive and thrive amid increasingly fierce global competition. The method used is a comprehensive literature review of current and relevant sources.
subject: Articles
  topic: section
subject: Globalisation
  topic: keywords
subject: Economic Resilience
  topic: keywords
subject: Competitiveness
  topic: keywords
subject: Adaptation Strategies
  topic: keywords
subject: Key Economic Sectors
  topic: keywords
subject: Indonesia
  topic: keywords
subject: Literature Review
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-11-08
publication date: 2025-11-08
starting page: 28
ending page: 37
doi: 10.5281/zenodo.17556115

IDENTIFICATION OF LEADING ECONOMIC SECTORS AND DEVELOPMENT CHALLENGES IN INDONESIA
type: item
description: This study aims to identify the main economic sectors and development challenges facing Indonesia in 2025 using a literature review method. The results of the study indicate that Indonesia's economic structure is dominated by the service, manufacturing, and agriculture sectors, with the service sector being the largest contributor to the Gross Domestic Product (GDP). However, Indonesia still faces various major challenges, including dependence on primary commodities, regional and income disparities, uneven infrastructure and human resource quality, and limitations in innovation and technology mastery. Additionally, external factors such as global demand fluctuations and climate change challenges further complicate the development process. This study emphasises the importance of strategic reforms and cross-sectoral collaboration to create inclusive, resilient, and sustainable economic growth in the future.
subject: Articles
  topic: section
subject: key economic sectors
  topic: keywords
subject: development challenges
  topic: keywords
subject: Indonesia
  topic: keywords
subject: literature review
  topic: keywords
subject: services
  topic: keywords
subject: manufacturing
  topic: keywords
subject: inequality
  topic: keywords
subject: innovation
  topic: keywords
subject: sustainable development
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-11-08
publication date: 2025-11-08
starting page: 1
ending page: 10
doi: 10.5281/zenodo.17556084

EMPLOYEES AS SERVICE PROVIDERS: COMPENSATION ANALYSIS BASED ON EMPLOYMENT AGREEMENTS
type: item
description: This study examines the relationship between the type of employment contract and the compensation received by employees as service providers, as well as the implications of such compensation on employee performance. The method used is a literature review with a normative legal approach, which analyses various literature, labour regulations, and previous research findings related to compensation and employment contracts. The findings indicate that compensation is significantly influenced by the type of employment contract, with employees under an Indefinite-Term Employment Contract (PKWTT) tending to receive more stable compensation and benefits compared to those under a Fixed-Term Employment Contract (PKWT). Fair and transparent compensation positively impacts motivation, loyalty, and the quality of services provided, thereby enhancing employee performance and the sustainability of service organisations. This study underscores the importance of aligning compensation practices with regulations and the dynamic needs of the workforce to foster employee well-being and corporate competitiveness.
subject: Articles
  topic: section
subject: Employee compensation
  topic: keywords
subject: Employment contract
  topic: keywords
subject: Service provider
  topic: keywords
subject: PKWT
  topic: keywords
subject: PKWTT
  topic: keywords
subject: Employee performance
  topic: keywords
subject: Literature review
  topic: keywords
subject: Human resource management
  topic: keywords
creator: Gunawan Widjaja
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-11-08
publication date: 2025-11-08
starting page: 11
ending page: 18
doi: 10.5281/zenodo.17556103

THE DYNAMICS OF LOCAL GOODS TRADE AND IMPORTS IN THE SERIKIN CROSS-BORDER MARKET: AN ANALYSIS OF INDONESIA-MALAYSIA ECONOMIC INTERACTIONS THROUGH LITERATURE REVIEW
type: item
description: This study analyses the dynamics of local and imported goods trade in the Serikin Cross-Border Market as a reflection of economic interaction between Indonesia and Malaysia using a literature review method. This study explains how local and imported goods play a role in cross-border economic activities, while strengthening socio-cultural relations in the border region. Through a synthesis of various academic literature, it was found that local goods trade not only supports the economy of border communities but also preserves cultural identity and strengthens social networks. Meanwhile, the flow of imported goods indicates a high level of economic interdependence between the two countries, but also poses challenges such as intensifying business competition and the risk of illegal goods entering the market. The results of this study emphasise the importance of balanced and adaptive cross-border market management so that trade can take place in a healthy and sustainable manner, thereby contributing positively to regional economic development and bilateral relations between Indonesia and Malaysia.
subject: Articles
  topic: section
subject: cross-border trade
  topic: keywords
subject: local goods
  topic: keywords
subject: imported goods
  topic: keywords
subject: Serikin market
  topic: keywords
subject: economic interaction
  topic: keywords
subject: Indonesia-Malaysia
  topic: keywords
subject: literature review
  topic: keywords
creator: Gunawan Widjaja
creator: Wagiman
rights: Copyright (c) 2026 Review of International Economy and Finance
date: 2026-02-04
publication date: 2026-02-04
starting page: 87
ending page: 97
doi: 10.5281/zenodo.18483487

THE INFLUENCE OF CAPITAL AND ENTREPRENEURIAL CHARACTERISTICS ON BUSINESS DEVELOPMENT AND SUSTAINABILITY: A LITERATURE REVIEW OF INDONESIAN MSMES
type: item
description: This study aims to review the influence of capital and entrepreneurial characteristics on business development and sustainability in MSMEs in Indonesia through a literature review approach. Capital, which includes financial, social, and intellectual capital, has been proven to be a major factor in supporting the expansion, innovation, and increased competitiveness of MSMEs. Additionally, entrepreneurial characteristics such as risk-taking, proactivity, innovation, flexibility, and managerial skills play a crucial role in the adaptation, growth, and resilience of businesses in the face of dynamic competition. This literature review confirms that the synergy between the availability of capital and the strength of entrepreneurial characteristics significantly contributes to the development and sustainability of SMEs in Indonesia. The implications of this study highlight the importance of strengthening capital capacity and entrepreneurship training, as well as an inclusive ecosystem to enhance the sustainability of the SME sector as a driving force for the national economy.
subject: Articles
  topic: section
subject: SMEs
  topic: keywords
subject: capital
  topic: keywords
subject: entrepreneurial characteristics
  topic: keywords
subject: business development
  topic: keywords
subject: business sustainability
  topic: keywords
subject: Indonesia
  topic: keywords
creator: Gunawan Widjaja
rights: Copyright (c) 2026 Review of International Economy and Finance
date: 2026-02-04
publication date: 2026-02-04
starting page: 75
ending page: 86
doi: 10.5281/zenodo.18483468

THE EFFECTIVENESS OF SOCIALISATION OF THE IMPLEMENTATION OF BILATERAL CROSS-BORDER TRADE AGREEMENTS: A LITERATURE REVIEW ON THE IMPROVEMENT OF THE WELFARE OF BORDER COMMUNITIES
type: item
description: This study aims to evaluate the effectiveness of socialisation of bilateral trade agreements between countries and its impact on improving the welfare of border communities through a literature review. Effective socialisation is crucial to the understanding and active participation of the community in utilising the economic opportunities provided by these agreements. However, the implementation of socialisation often faces obstacles such as limited access to information and inadequate infrastructure. Literature review indicates that participatory socialisation approaches, adaptable to local contexts, and supported by cross-sectoral synergies can significantly enhance the implementation outcomes of bilateral trade agreements. The findings of this study provide strategic recommendations for policymakers and programme implementers to enhance socialisation capacity to promote sustainable welfare for border communities.
subject: Articles
  topic: section
subject: Bilateral trade agreements
  topic: keywords
subject: socialisation
  topic: keywords
subject: effectiveness
  topic: keywords
subject: community welfare
  topic: keywords
subject: border areas
  topic: keywords
subject: literature review
  topic: keywords
creator: Gunawan Widjaja
rights: Copyright (c) 2026 Review of International Economy and Finance
date: 2026-02-04
publication date: 2026-02-04
starting page: 66
ending page: 74
doi: 10.5281/zenodo.18483447

THE ROLE OF OVERSIGHT IN THE IMPLEMENTATION OF CROSS-BORDER TRADE AGREEMENTS: A LITERATURE REVIEW ON THE BENEFITS FOR BORDER COMMUNITIES
type: item
description: This study discusses the role of supervision in the implementation of trade agreements between countries, with a focus on the benefits felt by communities in border areas. Through a literature review, this study analyses various sources of literature related to supervisory mechanisms, challenges in their implementation, and the positive impacts on local communities. The findings reveal that effective oversight not only prevents illegal trade practices and regulatory abuse but also enhances the economic and social well-being of border communities through fairer market access, protection of legal businesses, and improved security and empowerment of local communities. Therefore, strengthening the monitoring system through inter-agency collaboration, community participation, and the use of technology is key to the successful implementation of trade agreements that have a positive impact on the development of border areas.
subject: Articles
  topic: section
subject: monitoring
  topic: keywords
subject: inter-country trade agreements
  topic: keywords
subject: border communities
  topic: keywords
subject: literature review
  topic: keywords
subject: socio-economic benefits
  topic: keywords
subject: illegal trade
  topic: keywords
subject: community empowerment
  topic: keywords
creator: Gunawan Widjaja
rights: Copyright (c) 2026 Review of International Economy and Finance
date: 2026-02-04
publication date: 2026-02-04
starting page: 57
ending page: 65
doi: 10.5281/zenodo.18483399

LITERATURE ANALYSIS: THE ROLE OF ECONOMIC FACTORS IN INCREASING THEFT CRIMES IN INDONESIA
type: item
description: This study discusses the role of economic factors in increasing theft crimes in Indonesia through a systematic literature analysis. This study reviews various sources that discuss the relationship between poverty, unemployment, and income inequality with the increase in theft rates. The findings indicate that the economic pressures faced by some communities encourage criminal acts, particularly theft, as an instant solution to meet their daily needs. In addition to macroeconomic factors, social aspects such as urbanisation and low education levels also contribute to the risk of this crime. This analysis also highlights the importance of a multidimensional approach in addressing theft, which should not only rely on law enforcement but also economic policy interventions such as job creation and income redistribution. The complex interaction between economic and social variables requires comprehensive strategies that can reduce crime rates while improving community welfare. The results of this study provide an empirical and theoretical basis for policymakers to develop effective and sustainable prevention programmes.
subject: Articles
  topic: section
subject: economic factors
  topic: keywords
subject: theft
  topic: keywords
subject: poverty
  topic: keywords
subject: unemployment
  topic: keywords
subject: income inequality
  topic: keywords
subject: crime
  topic: keywords
subject: Indonesia
  topic: keywords
creator: Gunawan Widjaja
creator: Adrian Bima Putra
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-11-08
publication date: 2025-11-08
starting page: 38
ending page: 47
doi: 10.5281/zenodo.17556121

THE ROLE OF DATA-DRIVEN DECISION MAKING IN DIGITAL MARKETING STRATEGY: A LITERATURE REVIEW
type: item
description: This study examines the role of Data Driven Decision Making (DDDM) in digital marketing strategies by exploring its benefits, challenges, and impact on the success of marketing campaigns. DDDM offers a more objective approach by leveraging data analytics to make more precise and relevant marketing decisions. With the ability to personalise customer experiences and identify real-time market trends, DDDM enables companies to increase consumer engagement and ROI efficiency. However, the adoption of DDDM also presents challenges, including the need for data analysis expertise, technology investment, and privacy and ethical issues in data collection. Through a literature review, this study confirms that companies that can overcome these challenges can achieve significant competitive advantages by making smarter and more effective information-based decisions in their digital marketing strategies.
subject: Articles
  topic: section
subject: Role of Data
  topic: keywords
subject: Data-Driven Decision Making
  topic: keywords
subject: Digital Marketing Strategy
  topic: keywords
subject: Literature Review
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2026 Review of International Economy and Finance
date: 2026-02-04
publication date: 2026-02-04
starting page: 48
ending page: 56
doi: 10.5281/zenodo.18483335

DIGITAL CUSTOMER JOURNEY: BUILDING CUSTOMER LOYALTY IN THE VIRTUAL WORLD
type: item
description: The digital customer journey is the process of customer interaction with a brand across various digital platforms, from awareness to post-purchase. This process has become increasingly important in the digital age as customers often move between interconnected online channels. To build customer loyalty, companies need to understand this digital journey and create consistent, relevant, and personalised experiences. Strategies such as data analytics, loyalty programme development, and omnichannel service implementation play an important role in strengthening customer relationships. In addition, technological evolutions such as artificial intelligence (AI) and automation provide new opportunities for more effective and efficient interactions. However, companies must also remain focused on a human-centric approach to ensure that emotional customer engagement is maintained. By adapting to changing technological trends and customer needs, companies can build sustainable customer loyalty in the digital world.
subject: Articles
  topic: section
subject: Digital Customer Journey
  topic: keywords
subject: Customer Loyalty
  topic: keywords
subject: Digital World
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-11-08
publication date: 2025-11-08
starting page: 19
ending page: 27
doi: 10.5281/zenodo.17556123

THE DYNAMICS OF LOCAL GOODS TRADE AND IMPORTS IN THE SERIKIN CROSS-BORDER MARKET: AN ANALYSIS OF INDONESIA-MALAYSIA ECONOMIC INTERACTIONS THROUGH LITERATURE REVIEW
type: item
description: This study discusses the dynamics of local and imported goods trade in the Serikin Cross-Border Market located on the border between Indonesia and Malaysia. This market serves as a dynamic centre of economic interaction, where business actors from both countries establish close trade relations, both formal and informal. A literature review identified factors influencing these economic interactions, including the role of local and imported products, regulatory challenges, and socio-economic impacts on border communities. The findings reveal that the Serikin Market is not only a place for goods transactions but also a medium for strengthening bilateral relations and empowering the local economy. Optimising the management of this market heavily depends on policy synergy between Indonesia and Malaysia, as well as innovation by business actors on the ground.
subject: Articles
  topic: section
subject: cross-border trade
  topic: keywords
subject: economic interaction
  topic: keywords
subject: Serikin market
  topic: keywords
subject: local goods
  topic: keywords
subject: imported goods
  topic: keywords
subject: Indonesia-Malaysia
  topic: keywords
subject: literature review
  topic: keywords
creator: Gunawan Widjaja
creator: Wagiman Wagiman
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-08-12
publication date: 2025-08-12
starting page: 152
ending page: 163
doi: 10.5281/zenodo.16811792

THE RESPONSIBILITY OF ENTREPRENEURS IN MANAGING INVESTMENTS TO ENSURE BUSINESS SUSTAINABILITY: A CONCEPTUAL AND PRACTICAL REVIEW
type: item
description: This study discusses the responsibility of entrepreneurs in managing investments as an effort to ensure business continuity through conceptual and practical reviews. A literature review approach was used to collect and analyse literature related to the concept of entrepreneurial responsibility in investment management, including stewardship theory, corporate social responsibility (CSR), and corporate governance principles. In addition, responsible investment management practices in the real business world are also examined, including diversification strategies, risk management, integration of ESG (Environmental, Social, and Governance) principles, and the use of digital technology to improve the effectiveness of investment management. The results of the study indicate that entrepreneurs who are able to manage investments responsibly can not only maintain business sustainability but also create social and environmental added value. This study provides recommendations for entrepreneurs and policymakers to place greater emphasis on ethics, transparency, and adaptation to market dynamics in investment management so that businesses remain competitive and sustainable.
subject: Articles
  topic: section
subject: entrepreneurial responsibility
  topic: keywords
subject: investment management
  topic: keywords
subject: business continuity
  topic: keywords
subject: literature review
  topic: keywords
subject: corporate social responsibility
  topic: keywords
subject: risk management
  topic: keywords
subject: ESG
  topic: keywords
creator: H. Deni Salahuddin
creator: Gunawan Widjaja
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-08-12
publication date: 2025-08-12
starting page: 143
ending page: 151
doi: 10.5281/zenodo.16811782

THE EFFECTIVENESS OF FISCAL POLICY AND GOVERNMENT STIMULUS IN MAINTAINING DOMESTIC CONSUMPTION AND INVESTMENT: A LITERATURE REVIEW
type: item
description: This article aims to review the effectiveness of fiscal policy and government stimulus in maintaining domestic consumption and investment, particularly during periods of economic crisis. Through a literature review, it was found that fiscal policy instruments such as government spending, tax incentives, and social assistance play a significant role in maintaining people's purchasing power and encouraging investment recovery. The success of stimulus measures is highly influenced by the speed of distribution, targeting accuracy, and the fiscal capacity of the country concerned. However, the implementation of fiscal policies also faces various challenges such as limited fiscal space, the risk of rising public debt, bureaucratic weaknesses, and the need for transparent governance. The review emphasises the importance of adaptive stimulus design, synergy with monetary policy, and continuous evaluation to ensure that fiscal policy remains effective and sustainable in the face of future global and domestic economic dynamics.
subject: Articles
  topic: section
subject: fiscal policy
  topic: keywords
subject: government stimulus
  topic: keywords
subject: domestic consumption
  topic: keywords
subject: domestic investment
  topic: keywords
subject: literature review
  topic: keywords
subject: policy effectiveness
  topic: keywords
creator: Gunawan Widjaja
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-08-12
publication date: 2025-08-12
starting page: 133
ending page: 142
doi: 10.5281/zenodo.16811763

ANALYSIS OF THE INFLUENCE OF COMMUNITY ECONOMIC EMPOWERMENT AND FINANCIAL INCLUSION IN STRENGTHENING MSME CAPITAL (A STUDY OF GOVERNMENT PROGRAM LITERATURE IN INDONESIA)
type: item
description: This study analyses the impact of community economic empowerment and financial inclusion on strengthening the capital of Micro, Small and Medium Enterprises (MSMEs) in Indonesia based on a literature review of various government programmes. The results show that synergistic efforts through training, business mentoring, and facilitating access to financing sources can significantly improve the capabilities and competitiveness of MSME actors. Financial inclusion programmes, such as People's Business Credit (KUR), business capital assistance, and financial service digitalisation, have proven to expand access to capital and boost business management efficiency. In addition, financial literacy and digital innovation further strengthen MSMEs' resilience to economic challenges and market changes. This study emphasises the importance of optimising the integration of community economic empowerment and financial inclusion through adaptive policies, regular monitoring, and ecosystem support to ensure that SME capital strengthening is effective, sustainable, and has a broad impact on the national economy.
subject: Articles
  topic: section
subject: SMEs
  topic: keywords
subject: community economic empowerment
  topic: keywords
subject: financial inclusion
  topic: keywords
subject: capital strengthening
  topic: keywords
subject: government programmes
  topic: keywords
creator: Ahmad Rizani
creator: Swanto Sirait
creator: Pratiwi Subianto
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-08-12
publication date: 2025-08-12
starting page: 124
ending page: 132
doi: 10.5281/zenodo.16811866

ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING IN PERSONALISATION MARKETING: A LITERATURE REVIEW
type: item
description: Artificial Intelligence (AI) and Machine Learning (ML) have rapidly developed in supporting personalised marketing strategies. This study focuses on a literature review to explore the role of AI and ML in enhancing the effectiveness of personalisation, such as big data processing, consumer behaviour analysis, and the provision of relevant recommendations. The analysis results indicate that these technologies can enhance customer experience and marketing campaign efficiency. However, challenges such as data privacy, ethics, and significant technological investments remain key concerns in their implementation. This study concludes that AI and ML offer great potential for data- driven personalisation marketing, while requiring ethical and adaptive approaches to maximise their benefits sustainably.
subject: Articles
  topic: section
subject: Artificial Intelligence
  topic: keywords
subject: Machine Learning
  topic: keywords
subject: Personalised Marketing
  topic: keywords
subject: Literature Analysis
  topic: keywords
creator: Alim Hardiansyah
creator: Loso Judijanto
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-08-12
publication date: 2025-08-12
starting page: 117
ending page: 123
doi: 10.5281/zenodo.16811697

GREEN ECONOMIC POLICIES AND PRACTICES: AN EVALUATION OF THEIR IMPACT ON SOCIO-ECONOMIC WELL-BEING IN THE CONTEXT OF CLIMATE CHANGE
type: item
description: Green economic policies and practices have become a strategic approach to addressing the increasingly urgent challenges of climate change. This study evaluates the impact of green economic policies on socio-economic well-being, with a focus on carbon emission reduction, renewable energy use, and inclusive sustainable development methods. The evaluation results indicate that green economics not only addresses environmental issues but also makes significant contributions to job creation, improved quality of life, and economic resilience. Although these policies face various challenges, such as resistance from traditional industries and resource constraints, holistic strategies and multilateral collaboration are necessary to ensure their effective implementation. Thus, green economy has great potential to support the balance between environmental sustainability, economic growth, and social welfare amid the impacts of climate change.
subject: Articles
  topic: section
subject: Policy
  topic: keywords
subject: Green Economy Practices
  topic: keywords
subject: Evaluation
  topic: keywords
subject: Socio-Economic Well-being
  topic: keywords
subject: Climate Change Context
  topic: keywords
creator: Loso Judijanto
creator: Al-Amin
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-05-01
publication date: 2025-05-01
starting page: 108
ending page: 116
doi: 10.5281/zenodo.16732020

TOWARDS ZERO EMISSIONS: A CRITICAL REVIEW OF THE CONTRIBUTION OF THE GREEN ECONOMY TO GLOBAL CLIMATE CHANGE TARGETS
type: item
description: Global climate change has become a major challenge that requires appropriate mitigation and adaptation measures, one of which is through the implementation of a green economy. A green economy focuses on integrating economic growth, environmental sustainability, and social justice to achieve global targets toward net- zero carbon emissions. This article critically examines the contribution of a green economy to carbon emission reduction and the challenges it faces, particularly in developing countries. Constraints such as unequal access to technology, lack of funding, and the dominance of fossil-based energy systems are significant barriers to the implementation of a green economy. To achieve zero emissions, global commitment through green investment, technology transfer, and inclusive international cooperation is required. The conclusion of this study emphasises the importance of cross-sectoral and cross-national synergies in efforts to achieve a more sustainable economy in order to effectively address the climate crisis.
subject: Articles
  topic: section
subject: Towards Net-Zero Emissions
  topic: keywords
subject: Green Economy Contributions
  topic: keywords
subject: Global Targets
  topic: keywords
subject: Climate Change
  topic: keywords
creator: Loso Judijanto
creator: Mohd Syahrin
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-05-01
publication date: 2025-05-01
starting page: 100
ending page: 107
doi: 10.5281/zenodo.16732012

REDUCING SOCIAL INEQUALITY THROUGH MICRO-INCLUSIVE ECONOMIC POLICIES: A CASE STUDY FROM DEVELOPING COUNTRIES
type: item
description: This study aims to analyse the effectiveness of micro-inclusive economic policies in addressing social inequality in developing countries. Social inequality often arises due to disparities in access to economic resources, education, and employment, thereby hindering overall community welfare. Through a case study approach, this research explores various policies that focus on empowering small and medium enterprises (SMEs), providing access to credit for vulnerable groups, and training programmes to improve community capacity. The results of the study indicate that micro-inclusive policies have great potential to reduce social inequality and provide opportunities for marginalised groups to contribute more actively to economic activities. However, the implementation of these policies faces challenges such as a lack of synergy between various stakeholders, limited resources, and obstacles in effective policy monitoring. Therefore, this study emphasises the importance of a holistic approach involving the government, the private sector, and civil society in supporting inclusive policies. In addition, policy adaptation to the local context and the use of community-based technology are important strategies for promoting more significant positive impacts. Overall, this study concludes that micro-inclusive economic policies can be an effective tool for reducing social inequality, provided that they are accompanied by transparent and accountable implementation processes and continuous evaluation. The policy recommendations designed from the results of this study can serve as a guide for developing countries to create more equitable and inclusive economic development.
subject: Articles
  topic: section
subject: Social Inequality
  topic: keywords
subject: Economic Policy
  topic: keywords
subject: Micro-Inclusive
  topic: keywords
subject: Case Study from Developing Countries
  topic: keywords
creator: Loso Judijanto
creator: Hadenan Towpek
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-05-01
publication date: 2025-05-01
starting page: 91
ending page: 99
doi: 10.5281/zenodo.16732001

IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE AND CSR IN INDONESIA BUSINESS PRACTICES: LEGAL AND ETHICAL ANALYSIS
type: item
description: This study examines the implementation of Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) in Indonesia, focusing on legal and ethical aspects. The research addresses the problem of weak governance and ceremonial CSR practices, particularly in small and medium enterprises (SMEs). Using a qualitative descriptive approach with secondary data from company reports and academic journals, the study analyzes GCG and CSR practices in large companies and SMEs. Findings indicate that large companies like Unilever implement robust GCG, while SMEs lack formal structures. Strategic CSR enhances reputation, but SMEs often engage in short-term philanthropy. Regulations support implementation, but enforcement is weak. Ethical practices rooted in Pancasila are crucial, yet challenges like corruption persist. The study recommends strengthening regulations and ethics education to enhance GCG and CSR effectiveness.
subject: Articles
  topic: section
subject: Corporate Social Responsibility
  topic: keywords
subject: Ethics
  topic: keywords
subject: Good Corporate Governance
  topic: keywords
subject: Indonesia
  topic: keywords
subject: Law
  topic: keywords
creator: Muhamad Handi Wijaya
creator: Agus Satory
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-05-01
publication date: 2025-05-01
starting page: 83
ending page: 90
doi: 10.5281/zenodo.16731992

ENHANCING ECONOMIC COMPETITIVENESS THROUGH INNOVATIVE MARKETING STRATEGIES
type: item
description: Increasing economic competitiveness is a major challenge for companies and countries in the face of increasingly fierce global competition. One effective approach to achieve this goal is to implement innovative marketing strategies. These strategies include the use of digital technology, data analysis, product personalisation, and the development of creativity in promotion. Through innovative marketing, companies are not only able to fulfil customer needs more effectively but also create differentiation in a competitive market. With continuous innovation, companies can strengthen brand positioning, optimise interactions with customers, and open up opportunities for stable economic growth. Therefore, creative and tactical marketing strategies are key to improving economic competitiveness in the era of globalisation.
subject: Articles
  topic: section
subject: Improvement
  topic: keywords
subject: Economic Competitiveness
  topic: keywords
subject: Innovative Marketing Strategy
  topic: keywords
creator: Eka budi Yulianti
creator: Sri Sugiarti
creator: Shofia Asry
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-05-01
publication date: 2025-05-01
starting page: 75
ending page: 82
doi: 10.5281/zenodo.16731310

THE IMPACT OF BIG DATA ON THE OPTIMISATION OF MARKETING CAMPAIGNS: A LITERATURE REVIEW
type: item
description: This literature review explores the impact of big data in optimising marketing campaigns. Big data has revolutionised the way companies collect, analyse and utilise data to develop more effective marketing strategies. With the ability to process large amounts of data from various sources, big data introduces new methods for understanding consumer behaviour and preferences. This study identifies that the application of big data enables higher personalisation in marketing campaigns, increasing consumer engagement and conversion through relevant and targeted messages. In addition, the measurement and evaluation of campaign effectiveness becomes more accurate and real-time, enabling quick and precise adjustments to marketing strategies. Overall, the use of big data in marketing not only provides strategic advantages for companies, but also increases competitiveness in dynamic and competitive markets.
subject: Articles
  topic: section
subject: Impact
  topic: keywords
subject: Big Data
  topic: keywords
subject: Optimisation
  topic: keywords
subject: Marketing Campaigns
  topic: keywords
subject: Literature Review
  topic: keywords
creator: Loso Judijanto
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-02-03
publication date: 2025-02-03
starting page: 68
ending page: 74
doi: 10.5281/zenodo.16731635

DISTRIBUTION OF GOODS AT THE BUSINESS SERVICES BUILDING FIGURE, GALING VILLAGE, GALING SUB-DISTRICT
type: item
description: This study aims to analyse the distribution system of goods in the Jasa Usaha Building Shop located in Galing Village, Galing District. The research method used is descriptive qualitative with observation techniques and in-depth interviews with shop owners, employees, and customers. The results showed that the distribution of goods in this shop uses two main channels, namely direct channels from suppliers and local distributor channels. Direct distribution from suppliers tends to be more efficient in terms of time and cost, but faces challenges in stock control and payment flexibility. Meanwhile, the route through local distributors provides advantages in terms of product diversity and stock management, albeit at a higher cost. This research suggests improving warehouse management systems and implementing information technology to facilitate monitoring and control of goods distribution. With these improvements, it is expected that the efficiency and effectiveness of the distribution of goods at the Jasa Usaha Building Store can increase, so as to provide better service to customers.
subject: Articles
  topic: section
subject: Distribution of Goods
  topic: keywords
subject: Building Figures
  topic: keywords
subject: Business Services
  topic: keywords
subject: Galing Village
  topic: keywords
creator: Ahmad Mursid
creator: Iyad Abdallah Al- Shreifeen
creator: Rahma Helal Al_ Jbour
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-02-03
publication date: 2025-02-03
starting page: 60
ending page: 67
doi: 10.5281/zenodo.16731627

ORGANISING LOGISTICS IN ALFAMART SAMBAS SUB DISTRICT, TUMUK MANGGIS VILLAGE
type: item
description: This study aims to evaluate and analyse the organisation of logistics at Alfamart located in Sambas Sub-district, Tumuk Manggis Village. In this study, a descriptive qualitative approach was used using observation methods, in-depth interviews with store managers, logistics staff, and documentation analysis. The results showed that Alfamart Tumuk Manggis Village has implemented a structured logistics management system, including goods receipt, storage, and distribution to sales shelves. However, some of the challenges faced include limited storage space, fluctuations in customer demand, and coordination with suppliers. A product category-based storage system and the use of inventory management software have helped with operational efficiency, but there are still constraints in managing stock-outs and seasonal products. This research suggests increasing warehouse capacity, optimising information technology, and regular training for logistics staff to improve the performance of better logistics organisation. With these improvements, it is expected that Alfamart Sambas Sub-district will be able to improve the efficiency and effectiveness of its logistics operations so that it can provide optimal service to customers.
subject: Articles
  topic: section
subject: Organisation
  topic: keywords
subject: Logistics at Alfamart
  topic: keywords
subject: Sambas Sub-district
  topic: keywords
subject: Tumuk Manggis Village
  topic: keywords
creator: Anisa Jufri
creator: Hadenan Towpek
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-02-03
publication date: 2025-02-03
starting page: 55
ending page: 59
doi: 10.5281/zenodo.16731589

COLLABORATION BETWEEN INDUSTRY AND GOVERNMENT IN REALISING A SUSTAINABLE ECONOMY 5.0
type: item
description: Collaboration between industry and government plays a vital role in realising a sustainable Economy 5.0, where synergy between people and technology is the main driver of progress. This vision promotes knowledge-based economic development and advanced technology, which requires close cooperation between the private sector and the government. In this collaboration, industry focuses on digital innovation and technology, while the government creates regulations and a conducive environment. This combination not only improves efficiency and global competitiveness, but also promotes inclusive policies that can address social and environmental challenges. The responsible and environmentally friendly implementation of technological solutions is essential in this joint effort, ensuring that economic growth is not only materially beneficial but also sustainable for society and the environment.
subject: Articles
  topic: section
subject: Collaboration
  topic: keywords
subject: Industry
  topic: keywords
subject: Government
  topic: keywords
subject: Economy 5.0, Sustainable
  topic: keywords
creator: Loso Judijanto
creator: Al-Amin
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-02-03
publication date: 2025-02-03
starting page: 46
ending page: 54
doi: 10.5281/zenodo.16731610

CYBERSECURITY AND DATA PROTECTION IN THE MIDST OF THE ECONOMY 5.0 DIGITAL TRANSFORMATION
type: item
description: The digital transformation in the Economy 5.0 era brings significant challenges and opportunities in the fields of cybersecurity and data protection. The increased use of advanced technologies such as artificial intelligence, the Internet of Things (IoT), and big data complicates the threat landscape to data security, which encourages organisations to continuously update and adapt their security systems. On the other hand, these technologies also offer innovative solutions to strengthen data protection, such as more efficient threat detection through artificial intelligence and improved data transparency with blockchain technology. By combining technological innovation with strict security policies and global collaboration, organisations can effectively address cybersecurity challenges and ensure data protection in the rapidly evolving digital age.
subject: Articles
  topic: section
subject: Cybersecurity
  topic: keywords
subject: Data Protection
  topic: keywords
subject: Digital Transformation
  topic: keywords
subject: Economy 5.0
  topic: keywords
creator: Gunawan Widjaja
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-02-03
publication date: 2025-02-03
starting page: 39
ending page: 45
doi: 10.5281/zenodo.16731582

FUND MANAGEMENT STRATEGIES FOR SUCCESSFUL PROPERTY INVESTMENT
type: item
description: An effective fund management strategy is essential to achieving success in property investment. This study explores various approaches to fund management that can maximize returns while minimizing risks associated with property investment. Using a desk-based research method, the study examines various strategies, including portfolio diversification, market analysis, risk assessment, and intelligent use of financial leverage. The findings suggest that successful property investors tend to adopt a holistic approach that takes into account macroeconomic factors, local market conditions, and socio-economic trends. In addition, an emphasis on long-term financial planning and close monitoring of investment performance are also key to achieving desired outcomes. This study provides valuable insights for investors and fund managers in developing adaptive and innovative strategies to optimize investment returns in the property sector.
subject: Articles
  topic: section
subject: Fund
  topic: keywords
subject: Management Strategies
  topic: keywords
subject: Successful Property Investment
  topic: keywords
creator: Dea Mitra Ayu
creator: Donny Dermawan
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-07-31
publication date: 2025-07-31
starting page: 33
ending page: 38
doi: 10.5281/zenodo.16731575

PROPERTY BUSINESS MANAGEMENT AND MARKETING
type: item
description: Property refers to something that is usually known as an entity in relation to the ownership of a person or group of people over an exclusive right. Property Management can be defined as the task of a group of people or organisations with the aim of managing property that is limited to tangible goods owned by individuals or companies in order to achieve predetermined goals. The objectives of property management are as follows: Managing property as a business investment, namely maximising income and investor capital, Managing and implementing physical aspects effectively and efficiently, in order to get optimal results. Marketing is a process and managerial that makes individuals or groups get what they need and want by creating, offering and exchanging products of value to other parties or all activities related to the delivery of products or services from producers to consumers. Marketing management is an effort to plan, implement (which consists of organising, directing, coordinating) and supervising or controlling marketing activities in an organisation in order to achieve organisational goals efficiently and effectively. The main objective of marketing management is the continuity between demand and supply.
subject: Articles
  topic: section
subject: PROPERTY
  topic: keywords
subject: BUSINESS MANAGEMENT
  topic: keywords
subject: MARKETING
  topic: keywords
creator: Depi Sri Rahayu
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-07-31
publication date: 2025-07-31
starting page: 25
ending page: 32
doi: 10.5281/zenodo.16731565

ISLAMIC BUSINESS COMMUNICATION ETHICS
type: item
description: Islamic business communication ethics is an important study that combines the principles of effective communication with Islamic ethical values. In a business context, good communication does not only focus on delivering clear messages but must also reflect honesty, fairness, and social responsibility as stipulated in Islamic teachings. This study aims to explore how Islamic ethics can be applied in business communication to enhance trust and good relations between the parties involved. The literature research method is used to collect and analyze various related sources including the Quran, Hadith, and contemporary literature on business ethics and communication. The results of this study indicate that by adopting Islamic ethics in business communication, companies can not only achieve their commercial goals effectively but also build a good and sustainable reputation in society. This study emphasizes the importance of integrating Islamic values in modern business operations to create an ethical and harmonious work environment.
subject: Articles
  topic: section
subject: ISLAMIC BUSINESS
  topic: keywords
subject: COMMUNICATION ETHICS
  topic: keywords
creator: Elida Elida
creator: Vera Ayu Oktaviasari
creator: Iyad Abdallah Al- Shreifeen
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-07-31
publication date: 2025-07-31
starting page: 17
ending page: 24
doi: 10.5281/zenodo.16731553

OPPORTUNITIES AND CHALLENGES OF PROPERTY INVESTMENT IN INDONESIA
type: item
description: Property investment is a profitable and promising business because the business always experiences an increase every year. Property investment is an investment in land, buildings or parts of buildings, or both, which are controlled by an entity to get rentals. Property investment has opportunities and challenges. The opportunity from property investment is that it can help national development because it can generate government revenues, both central and regional, and also help improve welfare, both directly (through job creation) and indirectly (through its contribution to national GDP). In addition, land and building prices continue to increase so that more and more buildings are emerging such as housing, apartments, shopping centers, or other property projects.
subject: Articles
  topic: section
subject: OPPORTUNITIES
  topic: keywords
subject: AND CHALLENGES
  topic: keywords
subject: OF PROPERTY
  topic: keywords
subject: INVESTMENT IN INDONESIA
  topic: keywords
creator: Vera Oktaviasari
creator: Ayu Ayu
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-07-31
publication date: 2025-07-31
starting page: 11
ending page: 16
doi: 10.5281/zenodo.16731540

STOCK COMPANIES FROM THE PERSPECTIVE OF ISLAMIC ECONOMICS IN INDONESIA
type: item
description: This study is intended to explore the relationship between company data and stock performance, particularly in the realm of Indonesia's Islamic economy. The main focus of this research is on stock corporations that operate in compliance with the principles of Islamic economics. The main data sources are sourced from company financial data as well as stock price data involving a specific research time. The research method applied is a qualitative approach through literature study. The research found that information sourced from financial statements plays a crucial role in shaping stock performance. In particular, this information has a significant impact on the stock performance of Islamic companies. In addition, aspects of Islamic economics, such as fairness and transparency, also play an important role in maintaining the integrity and trust of investors in the company. Thus, this study contributes to a deeper understanding of the essential relationship between corporate information and stock performance, opening new perspectives in the context of Islamic economics in Indonesia.
subject: Articles
  topic: section
subject: stock corporation
  topic: keywords
subject: Islamic economy
  topic: keywords
subject: corporate information
  topic: keywords
subject: stock performance
  topic: keywords
subject: transparency
  topic: keywords
subject: fairness
  topic: keywords
creator: Danil Danil
creator: Rahma Helal Al_ Jbour
creator: Hydzulkifli Bin Haji Hashim
rights: Copyright (c) 2025 Review of International Economy and Finance
date: 2025-07-31
publication date: 2025-07-31
starting page: 1
ending page: 10
doi: 10.5281/zenodo.16731484