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All Journal Journal of Economic Education Tawazun: Journal of Sharia Economic Law Edumaspul: Jurnal Pendidikan Value: Jurnal Manajemen dan Akuntansi International Journal of Economics, Business and Accounting Research (IJEBAR) ASSET: Jurnal Manajemen dan Bisnis Jurnal Ilmiah Wahana Pendidikan INVOICE : JURNAL ILMU AKUNTANSI Jurnal Ilmiah Mahasiswa Perbankan Syariah (JIMPA) Progresif : Media Publikasi Ilmiah Journal of Islamic Economics, Management, and Business (JIEMB) Jurnal Ilmiah MEA (Manajemen, Ekonomi, dan Akuntansi) Jurnal Ekonomi Bisnis, Manajemen dan Akuntansi (JEBMAK) Dedication: Jurnal Pengabdian Masyarakat Jurnal Ilmiah Mahasiswa Ekonomi Syariah (JIMESHA) Jurnal Kegiatan Pengabdian Mahasiswa (JKPM)
MUZAYYANAH MUZAYYANAH, MUZAYYANAH
Program Studi Agribisnis, Fakultas Pertanian, Universitas Udayana Jl. PB. Sudirman 80323 Bali
Religion Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Nursing Public Health Social Sciences Other

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Journal : Journal of Islamic Economics, Management, and Business (JIEMB)

 1 
Evaluating the impact of fiscal and monetary policies on Indonesia’s macroeconomic stability and growth (2015-2019) Muzayyanah, Muzayyanah; Triyana, Ega; Nawang Aura, Ken Agastya
Journal of Islamic Economics Management and Business (JIEMB) Vol. 5 No. 2 (2023)
Publisher : Prodi Magister Ekonomi Syariah FEBI UIN Walisongo Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21580/jiemb.2023.5.2.21672

Abstract

Effective management of Indonesia’s macroeconomic variables –production, inflation, money supply, aggregate demand, and interest rates– is crucial for economic stability and growth. This study examines the fiscal and monetary policies implemented by the Indonesian government from 2015 to 2019 and assesses their impact on key macroeconomic variables. Utilizing a qualitative research approach and comprehensive literature review, the study analyzes the principles and implementation of these policies. Fiscal policies, including infrastructure development, social protection, and tax amnesty, significantly contributed to economic growth and reduced unemployment. Monetary policies, such as interest rate adjustments, open market operations, and reserve requirements, maintained inflation around 3% and improved liquidity. However, economic growth fluctuated, indicating the need for better policy coordination. The study highlights the importance of strategic fiscal and monetary policies in achieving macroeconomic stability and offers insights into optimizing these tools for addressing economic challenges and promoting long-term development in Indonesia. 
Co-Authors Aji, Bambang Tetuko Djadjuli, M Djadjuli, Mohamad Djajuli, M Elistiyani, Elistiyani Firnanda, Yoga dimas Fitri, Siti Safarah Nur Amelia Fitriya Sari Indriyani, Rinni Itat Tatmimah Itat Tatmimah Kurnia, Sindi Marfilinda, Riri Moh Abdul Azis Mohamad Djadjuli Muallimah, Zakiyah Muhammad Ilman Tauhid Mulyono, Idi Muzayyanah Nadhir, Muhammad Nawang Aura, Ken Agastya Ningsih, Tiara Putri Azizah Nuraini Nuraini Nurazizah Nurazizah, Nurazizah Nurdilasari, Siti Purwatiningsih, Rini Rossa, Rona Sari, Fitriya Selasi, Dini St. Sunarto, St. Sucihatiningsih DWP Sukartini, Mery Surono Surono tatmimah, Itat Triyana, Ega Tulljanah, Rahmia Wardhani, Tri Erie Zuleni, Elva