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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