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Vol 1 No 2 December 2025
Vol. 1 No. 2 (2025)
The International Journal of Economics and Development (IJED) is pleased to present Volume 1, Number 2 (December 2025), continuing its commitment to fostering rigorous academic inquiry and policy-relevant scholarship in the fields of economics, development studies, and public policy. Building upon the foundation established in the inaugural issue, this volume further strengthens IJED’s role as an international platform for interdisciplinary dialogue addressing contemporary economic challenges in both developing and emerging economies.
This issue features peer-reviewed scholarly contributions from authors affiliated with seven distinguished universities across two countries, namely Indonesia and Nigeria. The participating institutions include Lasharan Jaya College of Management Sciences; Faculty of Economics and Business, Bosowa University (Makassar); UIN Sunan Kalijaga Yogyakarta; Universitas Hasyim Asy’ari Tebuireng; Universitas 17 Agustus 1945 Surabaya; Akademi Akuntansi (AKTAN) Boekittinggi;Universitas KH. A. Wahab Hasbullah (Indonesia); and the Department of Economics, Lagos State University of Education, Oto-Ijanikin Campus, Epe, Lagos State (Nigeria). This diverse institutional representation reflects IJED’s growing international reach and its commitment to promoting cross-national academic collaboration, particularly between Southeast Asia and Africa.
The articles included in this volume address a broad range of economic, financial, legal, and institutional issues that are central to sustainable development. Notable contributions include “A Collaborative Model of Government, Private Sector, and Community in Strengthening the Regional Digital Economy Ecosystem,” which explores multi-stakeholder governance in digital transformation, and “Judicial Interpretation of Murābaḥah Contract Restructuring: A Maqāṣid-Based Review of a Palembang Religious Court Case,” offering a nuanced intersection between Islamic finance, legal reasoning, and maqāṣid al-sharīʿah. Complementing these perspectives are empirical financial and economic analyses such as “Time Series And Cross-Section Analysis On The Financial Performance Of PT Matahari And PT ACE Hardware For The 2021–2024 Period,” “Trade Liberalization And Poverty In West African Countries: Feasible Generalized Least Square Method Analysis,” “The Effect Of Dividend Per Share And Profitability On Stock Prices: Evidence From Panel Data Of Property And Real Estate Companies Listed On The Indonesia Stock Exchange (2019–2023)". and "The Rise In Gold Prices And Its Implications For MSME Financial Management” Collectively, the articles in this issue contribute valuable empirical findings, methodological approaches, and theoretical reflections on the dynamics of digital economies, financial markets, trade policy, poverty reduction, and Islamic economic jurisprudence. They highlight the importance of institutional synergy, legal certainty, financial transparency, and inclusive policy frameworks in promoting sustainable and equitable economic development across different regional contexts.
The Editorial Board warmly invites academics, researchers, policymakers, and practitioners to engage with the scholarship presented in this volume. As IJED continues to evolve, the journal remains dedicated to publishing research that bridges theory and practice, encourages interdisciplinary perspectives, and advances evidence-based policy discourse. We welcome future submissions that offer innovative insights and global perspectives on economics and development in an increasingly interconnected world.
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Vol 1 No 1 June 2025
Vol. 1 No. 1 (2025)
The International Journal of Economics and Development (IJED) proudly launches its inaugural edition, Volume 1, Number 1, June 2025. This foundational issue marks a significant milestone in the development of an academic platform dedicated to rigorous research and discourse in the fields of economics, public policy, and sustainable development. With a global orientation, IJED seeks to provide a space for diverse voices and critical perspectives on economic challenges and policy innovations in both emerging and developed economies.
This issue features original peer-reviewed contributions from scholars affiliated with eight distinguished universities across three countries: Indonesia, India, and China. These institutions include: Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung, STAI Kh Muhammad Ali Shodiq Tulungagung, Universitas Kh. A. Wahab Hasbullah Jombang, Universitas Muhammadiyah Ponorogo, IAIFA Kediri, and UNHASY Tebuireng Jombang from Indonesia; Manipur University from India; and Shaanxi Institute of International Studies from China. The collaborative academic effort reflects IJED’s commitment to fostering transnational research networks and policy-relevant scholarship. The articles presented in this inaugural edition examine some of the most pressing economic concerns of our time, particularly in the context of low- and middle-income countries. This issue includes thought-provoking analyses such as “The Role of Fiscal Policy in Reducing Income Inequality in Emerging Economies,” “Islamic Finance as a Catalyst for National Economic Development in OIC Member States,” and “Evaluating Public Sector Efficiency and Its Influence on Economic Development Across Nations.” Complementing these macroeconomic themes are studies focused on inclusive growth and institutional reform, such as “Strengthening Human Capital Through Vocational Education for Inclusive Rural Economic Growth” and “Public Policy Strategies for Enhancing Innovation and SME Competitiveness in Emerging Economies.”
Each article contributes to a deeper understanding of the multidimensional factors shaping economic development, offering empirical insights, theoretical frameworks, and practical policy recommendations. Together, they highlight the importance of institutional quality, policy coherence, financial innovation, and capacity building in addressing global inequality and promoting sustainable development. IJED warmly invites researchers, policymakers, educators, and practitioners to engage with this first volume. The journal remains committed to advancing critical scholarship that bridges economic theory and practice, and that supports evidence-based decision-making across diverse national and regional contexts. We encourage future submissions that reflect interdisciplinary approaches and global perspectives on economic and development issues.












