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INDONESIA’S ROLE ENACTMENT AS A MIDDLE POWER: CASE OF THE UKRAINIAN WAR
Hasri Ainun Hakiem,Gefira Anggi Nadya Salma,우준모 한국외국어대학교 동남아연구소 2023 東南亞硏究 Vol.33 No.2
Indonesia can be categorized as a middle power due to its large territory, the country being the world's fourth-largest population, and growing economic and military power. Therefore, the Indonesian government makes diplomatic efforts to create a middle power status and role in the international community. This paper examines how Indonesia seeks the role of a middle power in the international community in the face of the war in Ukraine. As the analytical framework for developing the paper, the logic of role theory and hedging strategy is borrowed. Indonesia pursues its role enactment by first, becoming a voice of developing countries and promoting the role of a middle power in the war situation in Ukraine facing the international community. Second, Indonesia has shown a willingness to be a bridge builder/mediator in the Ukrainian war. Third, taking a hedging strategy, maintaining the middleman position between the warring parties, and trying to solve the world food crisis in the process. Therefore, Indonesia's diplomatic strategy can be understood as part of building a middle power status and role.
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ALAM, Md. Kausar,MUSTAFA, Hasri,UDDIN, Md. Salah,ISLAM, Md. Jahirul,MOHUA, Marjea Jannat,HASSAN, Md. Farjin Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.3
The study aims to explore the problems of the existing Shariah Governance Framework (SGF) and its concerned authorities in the context of Bangladesh. Thus, according to responses from 17 respondents, this study outlines that Bangladesh has an absence of a shortage of experts, experienced, knowledgeable, and qualified Shariah people at all levels (i.e., the central bank, Islamic banks, Shariah Supervisory Boards (SSBs), and regulators). Therefore, Bangladesh does not have a separate Islamic banking act, Shariah audit firm, Shariah index institutions, and comprehensive SGF. The existing guideline has a limitation concerning its comprehensiveness, accountability, responsibility, and structure of SSBs. Islamic banks do not follow the instruction of the central bank in the formation of SSBs. As a result, there is an absence of competent and qualified SSB, which also results in the functions of Shariah departments as well as Shariah applications. Usually, the Board of Directors (BOD), management, executives, customers, and the public also have the conceptual gap about Islamic banks, SGF, and banking system compared to the regular prayers, faith, and belief. Concisely, Bangladesh requisites a comprehensive SGF, Islamic banking act, a standard accounting system, and a robust Shariah audit system for the overall development of Islamic banks and SGF.
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Students and Money Management Behavior of a Malaysian Public University
ZULFARIS, Mohd Danial,MUSTAFA, Hasri,MAHUSSIN, Norlida,ALAM, Md. Kausar,DAUD, Zaidi Mat Korea Distribution Science Association 2020 The Journal of Asian Finance, Economics and Busine Vol.7 No.3
This study aims to investigate whether financial literacy, parental socialization, peer influence and self-control have a significant impact on money management among students of a Malaysian public university. In most settings, the studies on the determinants of personal saving behavior among university students focus on personality factors, attitudes toward money and possessions, and financial knowledge as predictors of money management behavior. Primary data are collected using a self-administered questionnaire with the samples comprised 186 students. The findings show that all the financial literacy and parent socialization have a positive relationship with money management; meanwhile, peer influences and self-control have a negative relationship with money management. This is because the majority of students admit they cannot control their self in managing their money. In this study, parent socialization has a significant relationship with money management which signifies that parents are playing essential roles in ensuring their children to establish money management. In practical, this study can contribute to the parents in providing their children to foster sound money management. Besides, Perbadanan Tabung Pendidikan Tinggi Nasional (National Higher Education Fund Corporation) PTPTN should monitor the loan, and management process and arrange motivational program so that students can more focus on the educational expense.
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