Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : International Conference on Islamic Economic

Analysis of the Impact of Debt on the Indonesian Economy for the Period 1976-2021: Comparative Study between Government Regimes Norman, Efrita; Junaedi, Dedi; Salistia, Faisal; Paramansyah, Arman; Arsyad, Muhammad Rizal
International Conference on Islamic Economic (ICIE) Vol. 1 No. 1 (2022): April
Publisher : Sekolah Tinggi Agama Islam Darul Ulum Banyuanyar Pamekasan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58223/icie.v1i1.104

Abstract

Foreign debt has an important and inseparable role in the history of Indonesia's national development. The government has changed seven times, foreign debt is always present to fill the development budget deficit. Debt is expected to help move the wheels of the economy, create growth, create jobs, and alleviate poverty. This study aims to analyze the effect of debt, budget, inflation and differences in government regimes on the Indonesian economy (GDP and Income per Capita) in Indonesia for the 1976-2021 period. The study uses secondary data obtained from Bank Indonesia, the National Development Planning Agency (Bappenas), the Central Statistics Agency (BPS), the World Bank, and other reference sources such as books, journals and scientific papers. The data used are the value of foreign debt, APBN, national income (GDP), population, inflation rate, and government regime in the period 1976 - 2021. The results of multiple regression analysis with dummy variables (using the Eviews 10 application program) show the following results: Foreign debt and APBN have a correlation with the condition of the national economy, especially the value of GDP. Debt and the state budget tend to increase the value of GDP. In terms of debt management as a driver of economic growth, the Suharto Era (New Order) tended to be better than the eras that followed. However, relatively speaking, the Habibe and SBY eras tended to be better than the Megawati era, the Abdurahman Wahid era, and the Jokowi era. In fact, Jokowi's era is no better than previous eras.
Co-Authors Adi Ali Fikri, Romadlon Agus Ruswandi Ahmad Sarbini, Ahmad Alamsyah, Prayudi Juni Amalia, Rika Sri Aman Aman Ari Abdul Kohar Rahmatullah Arifin, Bambang Samsul Arifin, Bambang Syamsu Ariyanti , Jeny Mellysa Arman Paramansyah Arsyad, M. Rizal Arsyad, Muhammad Rizal ArsyadArsyad, Muhammad Rizal Asror, Moh Assagaf, Idrus Assagaf, Indrus Azrilia, Siti Badrudin Budiono Budiono Dessy Damayanti, Dessy Dian Rahmawati Efrita Norman Eka Safitri Enung Nurhayati, Enung Evi Novita Fathuloh, Fathuloh Fikri, M. Chairil Firmansyah, Ahmad Fitriyah, Azizatul Hadi, Sholikul Hakim, Abdurrahman Hasan Basri Haspada, Deny Hendaryan, Dudi Hermaliana, Mia Hermansyah Hermansyah Hermawan, Ludi Ike Anita, Ike Immanuel, Ericsson Irwan, Sendrika Devis Iskandar, Nandang Ita, Nofrita Jusdijachlan, R Kamaludin, Tam-Tam Komarudin Mahmud Mahmud Mardatillah, Fitri Maulana, Ihsan Moch. Sholeh, Moch. Muhammadong Mujahid, Muhammad Fathan Murtafiah, Fifih Nashrullah, Nashrullah Nur Fadilah, Desi Nur Lathifa, Anisa Nurlaela, Ela Nurul Fauzia, Azni Nurwenda, Mirna Paramahsyah, Arman Permana, Yandi Dwi Putra, Sandy Pratama Putri, Sardiani Qiqi Yuliati Zaqiah, Qiqi Yuliati Qomaruzzaman, Bambang Ramadan, Pariz Ramdhany, Deny M. Ratri Istania REZA PAHLEVI Ridwan, S Rima Irmayanti, Rima Riyanto Riyanto Rizal Arsyad, Muhammad ROMLI, MOH Rosidawati Wiradirja, Imas Rostandi, Usep Dedi Rukanda, Nandang Ruswandi, Uus Ruzakki, Hasan Sa’diah, Titin Sahliah Sahliah, Sahliah Salistia, Faisal Santoso, Akhmad Sa’diah, Titin Sa’diyah, Titin Septian, M Rezza Siti Fatimah Siti Hajar Siti Khoiriyah SITI MARIAM Sitorus, Gerald Yohanes Somantri, Fikri indriana Sopian sopian Supriyatna, Rio Kartika Tamtam Kamaluddin, Tamtam Wijaya, Siska Putri Wulan Anggraini, Nur Yuliati Zaqiah, Qiqi Zumailah, Elly Zumaillah, Eli