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All Journal IPTEKIN : Jurnal Kebijakan Pembangunan dan Inovasi
Dwi Widiarsih
a:1:{s:5:"id_ID";s:29:"Universitas Muhammadiyah Riau";}
Agriculture, Biological Sciences & Forestry Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Economics, Econometrics & Finance Industrial & Manufacturing Engineering

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Dampak Tata Kelola Pemerintah Terhadap Pengendalian Inflasi di Indonesia Dwi Widiarsih; Ika Kholista Nurrohmah; Lisbet Angreani Siregar
IPTEKIN Jurnal Kebijakan Pembangunan dan Inovasi Vol. 8 No. 2 (2026)
Publisher : Badan Riset dan Inovasi Daerah (BRIDA) Provinsi Riau

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Abstract

This study discusses the impact of public governance on inflation control in Indonesia amidst global and domestic economic dynamics. The main problem addressed is the extent to which institutional and non-monetary factors affect the achievement of monetary policy targets. This study employed a path analysis method using time-series data from 2010 to 2022. The analysis aimed to examine the effect of corruption control and political stability variables on the inflation rate, positioning the effectiveness of governance as an intervening variable. The results indicated that corruption control and political stability do not exert a significant direct effect on inflation. However, public governance was proven to have a significant direct effect on inflation control with a significance value of 0.048 (p < 0.05). Furthermore, the path analysis results demonstrated that corruption control and political stability exert a crucial indirect effect on inflation through the effectiveness of public governance. These findings conclude that Bank Indonesia's efforts to control the inflation rate cannot stand alone but are significantly determined by the overall quality of public sector governance. Based on these conclusions, it is recommended that the government continue to strengthen institutional governance quality by enhancing corruption control and maintaining domestic political stability to ensure the achievement of national macroeconomic stability targets.
Co-Authors Ika Kholista Nurrohmah Lisbet Angreani Siregar