Global Economic, Social, and Development Review https://journal.ubaya.ac.id/index.php/GESDR <p><strong>Global Economic, Social, and Development Review</strong> (GESDR) <strong>E-ISSN 3090-3742 </strong>[Previously <strong>Ekonomi dan Bisnis: Berkala Publikasi Gagasan Konseptual, Hasil Penelitian, Kajian, dan Terapan Teori</strong> (JEB) P-ISSN 1410-9204 and E-ISSN 2655-8858].&nbsp;is open access under the Faculty of Business and Economy Programme Study of Master of Economics at the University of Surabaya. The editorial board invites authors and experts to publish and share their ideas covered in the following subjects areas: globalization and foreign trade, social economics, and economic development. The major objective of the publication is to improve theories, concepts, and practices in the field of economic and development.&nbsp;</p> <p>This journal first published was in December 1998.&nbsp; The aim of journal is to provide an international platform for knowledge sharing, discussion and networking on the various aspects related to developing economies through publications of original research including theoretical and empirical papers. The participation of the well-known international and national experts in the editorial board is a guarantee of the sustainability and quality of the publications on the national and international scale. GESDR was published regulary twice a year in June and November and contained at least five original article, preferably in English. The journal is usefull for various reader particularly: researchers, lecturers, undergraduate and postgraduate students, and also practitioners by introducing the lates empirical research finding, in related focus and scope.&nbsp;</p> <p>Our previous website and archived journal : <a href="https://journal.ubaya.ac.id/index.php/jeb/index">https://journal.ubaya.ac.id/index.php/jeb/index</a></p> <p>Starting from Volume 28 No. 2 we will move to this site with a new name to pursue the better quality of manuscript that stick with our identity (focus and scope) as well to cope up with the newest trend of publication within the social sciences major.&nbsp;</p> <p>&nbsp;</p> en-US jebieubaya@unit.ubaya.ac.id (Editorial Team) jebieubaya@unit.ubaya.ac.id (Joshi Maharani Wibowo) Sun, 01 Jun 2025 07:21:37 +0000 OJS 3.1.2.4 http://blogs.law.harvard.edu/tech/rss 60 Determinants of Poverty in East Java: Education, Unemployment, and Minimum Wage https://journal.ubaya.ac.id/index.php/GESDR/article/view/7047 <p>This study aims to analyze the effect of average school years, open unemployment rate, and minimum wage on the number of poor people in East Java Province from 2014-2023. The research method used is quantitative with a descriptive approach, using panel data regression covering 38 districts/cities. The data analyzed were sourced from the East Java Badan Pusat Statistik (BPS), including the number of poor people, average school years, open unemployment rate, and minimum wage. The analysis shows that average years of schooling have a significant negative effect on poverty. Although the minimum wage hurts poverty, the effect is minimal. These findings emphasize the importance of improving education and reducing unemployment as the main strategies for poverty alleviation in East Java.</p> Laila Choirummin Alfin, Arfida Boedirochminarni Copyright (c) 2025 Global Economic, Social, and Development Review https://journal.ubaya.ac.id/index.php/GESDR/article/view/7047 Fri, 28 Feb 2025 16:53:04 +0000 21st Century Competition: State & Conglomeration-Driven Capitalism https://journal.ubaya.ac.id/index.php/GESDR/article/view/7272 <p>Indonesia needs to choose an economic model in order to realise its target of 8% GDP growth under Prabowo Subianto’s incoming administration. This paper compares both China’s state capitalism and South Korea’s conglomerate-driven capitalism for their relevance to Indonesia. China’s model, with a significant state intervention and SOEs prominent role, greatly driven industrialisation and average of 9% GDP growth over 30 years. Whilst South Korea’s model, dominated by conglomeration, focuses more on innovation in tech and exports, thus achieving a stable 4% average GDP growth. Employing data from the World Bank on FDI, exports, and GDP in constant 2015 USD, this paper examines both of these models using the Comparative Political-Economy framework. The findings showed that the China’s state capitalism to be more suitable for Indonesia due to capability of managing a large scale economy and the need of centralisation of resource control, infrastructure development and economic transitions. The blending of state control and market dynamics offers flexibility to tackle challenges in the economy. Nevertheless, the issues of inefficiencies must be in concern.</p> Yeremia Widjanarko Copyright (c) 2025 Global Economic, Social, and Development Review https://journal.ubaya.ac.id/index.php/GESDR/article/view/7272 Mon, 09 Jun 2025 00:00:00 +0000