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All Journal Insignia: Journal of International Relations Papua Journal Of Diplomacy And International Relations
Susanto, Fathima Aulia Vasya
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Arts Humanities Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

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The Impact of the Russian Invasion of Ukraine on the Economic Sector in Indonesia Susanto, Fathima Aulia Vasya; Paksi, Arie Kusuma
Insignia: Journal of International Relations Vol 10 No 2 (2023): November 2023
Publisher : Laboratorium Hubungan Internasional, FISIP, Universitas Jenderal Soedirman

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20884/1.ins.2023.10.2.8838

Abstract

This research discusses the impact of Russia's invasion of Ukraine on the Indonesian economy, focusing on the energy sector. Amidst the increasing complexity of global geopolitical issues, international events such as Russia's invasion of Ukraine have significant global consequences, even for countries not directly involved in the conflict. This study is grounded in the theory of the political economy of war, serving as the analytical framework to understand how these dynamics affect Indonesia's economic sector. As a direct consequence of the invasion, the global energy sector distribution has been disrupted. Nations that previously imported energy from Russia must now seek alternative sources to meet their energy needs. Indonesia, being one of the world's largest producers of non-oil and gas energy, emerges as a primary choice of alternative energy export source. The research findings indicate a substantial increase in the export of non-oil and gas energy from Indonesia, which, in turn, has a positive impact on the growth of the country's economic sector. The research employs a descriptive-qualitative approach, collecting data from literature reviews and online research to complement secondary data. The results of this study offer insights into how changes in global geopolitical dynamics can affect a country's economy, even when not directly involved in such events. Indonesia, for instance, has seized the opportunity to boost its non-oil and gas energy exports, thereby influencing the growth of a specific economic sector in the country. This research provides valuable contributions to understanding the interplay between geopolitical events and the global economy. Keywords: economic, Indonesia, invasion, Russia, Ukraine
Strategi KBRI Manila Pada Diplomasi Ekonomi Sektor Perdagangan Tahun 2022 Susanto, Fathima Aulia Vasya; Nur Azizah
Papua Journal of Diplomacy and International Relations Vol. 4 No. 2 (2024)
Publisher : Universitas Cenderawasih

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31957/pjdir.v4i2.3669

Abstract

This research discusses the strategies of the Embassy of the Republic of Indonesia in Manila, the Philippines, in increasing Indonesian trade to the Philippines in 2022. The movement of Indonesian trade to the Philippines has experienced fluctuation from 2018 to 2021. In 2022, there was a significant increase after the pandemic considering the trade stagnation in 2018-2019 in a stable international condition. This research using descriptive-qualitative research method, found that strategy of the Indonesian Embassy in Manila to enhance trade through trade promotion, business matching, business forums, and export cooperation facilitation was planned using a SWOT analysis. This analysis shows that trade promotion and business forums leverage the strengths of diplomatic networks and market expansion opportunities, while business matching and export facilitation are optimized to address weaknesses such as bureaucracy and cultural differences. Threats from global economic instability and market competition are identified to ensure the right strategies are implemented to achieve trade objectives in 2022. In 2022, the Indonesian Embassy in Manila successfully increased Indonesian trade to the Philippines by 50%, up by 4.18% from 2021, through the successful implementation of economic diplomacy strategies in the trade sector. KEYWORDSEconomic Diplomacy; Indonesia; Philippine; Trade
Co-Authors Nur Azizah Paksi, Arie Kusuma