Journal of Universal Economic Dynamics

The Influence of Digital Technology on Global Economic Transformation: A Case Study of Southeast Asian Markets

Nur Ela — Fri, 18 Jul 2025 00:00:00 +0000

This research aims to analyze the influence of digital technology on global economic transformation, with a focus on the Southeast Asian market. Digital technologies, such as e-commerce, the Internet of Things (IoT), and big data, have significantly changed the way countries in the region interact with global markets, driving economic growth, and creating new opportunities for businesses, especially Micro, Small, and Medium Enterprises (MSMEs). However, while digital technologies offer a wide range of benefits, key challenges such as the digital divide between urban and rural areas and limited digital skills among the workforce remain major barriers to maximizing this potential. This research uses a qualitative approach with in-depth interviews with stakeholders in countries such as Indonesia, Malaysia, Thailand, and Vietnam. The results show that although government policies have supported the adoption of digital technology, existing infrastructure and skills gaps still hinder a more equitable digitalization process. The study provides recommendations for countries in Southeast Asia to strengthen digital infrastructure and improve digital skills through comprehensive training programs, as well as strengthen collaboration between the public and private sectors

A Dynamic Model for Analyzing the Impact of Natural Resource Changes on the Global Economy

Feri Hardiyanto — Wed, 06 Aug 2025 00:00:00 +0000

Changes in natural resources, such as declining energy quality, water crises, and deforestation, have a significant impact on the global economy. This research aims to develop a dynamic model that analyzes the impact of natural resource changes on key sectors of the world economy, as well as to identify effective mitigation policies. A qualitative approach is used with in-depth interviews and focus group discussions (FGDs) involving stakeholders from the economic, public policy, and environmental sectors. The results show that the energy and agriculture sectors are most affected by changes in natural resources, with developing countries tending to be more vulnerable to economic instability caused by fluctuations in natural resources. Mitigation policies, such as the use of green technologies, energy efficiency, and forest protection, have proven effective in reducing negative impacts on the global economy. The dynamic model developed provides better insight into the relationship between changes in natural resources and the world economy, and shows that integrated mitigation policies can reduce economic inequality between countries and strengthen global economic resilience

The Relationship Between Income Inequality and Economic Growth: Theoretical and Empirical Approaches

Regita Anggia Ning Tyas — Sun, 03 Aug 2025 00:00:00 +0000

This study aims to analyze the relationship between income inequality and economic growth through theoretical and empirical approaches. Using five countries with different levels of inequality and economic policies, the study explores how inclusive fiscal policies, such as higher social spending and progressive taxes, affect income inequality and its impact on economic growth. The results show that countries with stronger redistribution policies tend to have lower income inequality and more stable economic growth. In contrast, countries with high inequality and weak redistribution policies experience limitations in achieving inclusive growth. The study also highlights the importance of fiscal policies that balance economic growth and social equity to create sustainable development. These findings provide practical implications for policymakers in designing more inclusive development strategies

Global Economic Dynamics: An Analysis of the Impact of Monetary Policy on Economic Growth in Developing Countries

Mega Mustika Sari — Sat, 26 Jul 2025 00:00:00 +0000

This study aims to analyze the impact of monetary policy on economic growth in developing countries. Using a qualitative approach, this study examines secondary data from central bank annual reports, monetary policy, and relevant economic indicators from countries such as Indonesia, Brazil, and India. Through thematic analysis, the study found that expansionary monetary policies, such as lowering interest rates and easing liquidity, can stimulate economic growth in the short term, especially in countries with more diversified economies. However, this positive impact is highly dependent on external and internal factors such as economic structure, fiscal policy, and dependence on commodity exports. In addition, the study highlights the importance of the role of independent central banks in formulating effective monetary policy. The results of this study provide valuable insights for policymakers in designing monetary policies that are more adaptive and responsive to global and domestic economic dynamics

Global Economic Crises and Their Impact on Fiscal Policies in Developed and Developing Nations

Saeful Anwar — Tue, 05 Aug 2025 00:00:00 +0000

This study aims to analyze the impact of global economic crises on fiscal policies in developed and developing countries by comparing their responses to the 2008 financial crisis and the COVID-19 pandemic. Using a qualitative approach through in-depth interviews and thematic analysis, the research identifies significant differences in fiscal strategies. Developed nations utilized expansionary policies supported by strong fiscal capacities, while developing countries relied more heavily on international aid and debt, prioritizing social protection with constrained budgets. The results show that developed countries, with greater fiscal capacity, are able to implement expansionary fiscal policies, such as increased government spending and economic stimulus, to mitigate the impact of the crisis. Meanwhile, developing countries, with fiscal constraints, rely more on international aid and external debt and focus on managing social inequality and reducing non-basic spending. These findings reveal the importance of more inclusive and sustainable fiscal policy planning, taking into account each country's fiscal capacity. This research also provides policy recommendations to increase the fiscal resilience of developed and developing countries in the face of future economic crises.