TECHNOLOGY, DEVELOPMENT AND HAPPINESS IN A SPATIAL-ISLAND ECONOMY

Muchdie, Muchdie (2018) TECHNOLOGY, DEVELOPMENT AND HAPPINESS IN A SPATIAL-ISLAND ECONOMY. UHAMKA Press, Jakarta. ISBN 978-602-1078-77-8

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Abstract

When the title of this book, Technology, Development, and Happiness in a Spatial Island Economy, is exposed, the writer would like to analyze the correlation among the three key words in dealing with the development of islands countries, or it can be said in archipelago countries. It is understandable that in archipelago contries, there are some barriers in developing economy in every island. One of the visible barriers is demographic factors. Among islands must have straits, sea depths, natural disasters, people habbits and characters, weathers, and many more. Indonesia, for example, has about 17,000 islands from the west to the east, and from the north to the south. It is one of the islands countries in the world that has demographic factor which influence its economic growth. These demographic factors may make different development among them, one island may have better economy condition than the others. These different conditions may absolutely reflect to the condition of the islands country, in particular in its economy development of the country. Why economy? This has been agreed that a good economy condition of a country may reflect a good condition of a country. To look into the topic, this book describes about the importance of technology, development, and happiness of the economy condition in a spatial island economy. The writer organized the discussion into three parts, Spatial Island Economy, Technology and Economic Development, and Islamicity, Development and Happiness. Spatial Island Economy in Part I, discusses about Input-Output (IO) model for spatial economy analysis, a new hybrid procedure for spatial island economy, the essence of industrial sectors in Java Island in Indonesian economy, spatial dimension of economic multipliers in Sumatera, Java, Kalimantan, Nusa Tenggara islands, and eastern part of indonesia. Input-Output (IO) model for special economy analysis is said to be a model that does not only describe kinds, the agents, and the venues of economic activities, but it can also give analysis about direct impact, indirect impact, and induced impact. The IO is also can be used for analizing the sectoral interdependency and spatial interdependency that are common in spatial economy or islands countries. The writer tried to expose the GIRIOT ( Generation of Inter-Regional Input Output Tables) as a hybrid procedure of Island Economy. GIRIOT is dirived from GRIT III, a method developed by University of Queensland (West et.al 1989) and a technique developed by Boomsma & Oostenhaven 1992 called DEBRIOT (Double Entry Bi-Regional Input-Output Tables). Although the DEBRIOT is good only for economic deals with a two regions model, the writer tried to find out the possibility for the use in Indonesia with thousands islands. The other important breakdowns in this Part I are on the concentration of Industries in Java island and a look on the spatial dimension of economic multilpliers in many island areas in Indonesia. In Part II, the book talked on the relation of technology and economic development in spatial island economy that includes technology efficiency and return to scale. It also ranges from spatial, sectoral, and national perspectives, economic growth, poverty reduction, the role of technology, the existance of Philip Curve. Despite of the use of technology in economic development, the issues on the human development and the global human competitiveness are also important. The writer quoted a view from Streeten (1994) that development concerns expanding the choices people have, to lead lives that they value, and improving the human condition so that people have the chance to lead full lives. All of the factors the writer mentioned are very important to pursue economic welfare for people particularly people’s economy in spatial island country like Indonesia. Part III is giving us about the Islamicity that may create development and happiness for people in a spatial island economy. It is interesting that religion like Islam may also have a power to influence the economic development and happiness. The Islamic live is regarded to have a strong influence to the economic growth, human development and human happiness, and economic global competitiveness in spatial island country like Indonesia. The writer mentioned interesting issue that he tried to analyze the direct and indirect impact of Islam in global economic competitiveness. He quoted the world index of human being from 123 countries that the result showed the Islamicity has direct and positive impact to the economic global comepetitiveness. Overall, this book describes and conveys some issues on the technology, development and happiness in a spatial island economy. There are many spatial island countries in the world including Indonesia, Japan, the Phillipines, Srilangka, Singapore, and many more. In particular, this book focuses on the economic condition in Indonesia. There must be differences in economy development in spatial island countries and the ones in land countries like China, India, USA, Australia, and some more. This book is very important and it is worth to learn by academicians in Indonesia and in other countries as well.

Item Type: Book
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Depositing User: admin repository uhamka
Date Deposited: 31 Jan 2019 09:53
Last Modified: 31 Jan 2019 09:53
URI: http://repository.uhamka.ac.id/id/eprint/632

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