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BERADAPTASI DENGAN PELEMAHAN EKONOMI GLOBAL DI INDONESIA DENGAN MEMANFAATKAN INSTRUMEN FISKAL DAN MONETER Al-Mujaddid, Toriq Furqon; Suwito Suwito
International Journal Of Humanities Education and Social Sciences (IJHESS) Vol 3 No 6 (2024): IJHESS JUNE 2024
Publisher : CV. AFDIFAL MAJU BERKAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55227/ijhess.v3i6.920

Abstract

The study evaluates the efficiency of fiscal and monetary measures mitigating the worldwide economic downturn impacted Indonesia's economy. During the crisis, Indonesia faced challenges such as trade disruptions, decreased export demand, and financial sector experiences liquidity issues. Bank Indonesia implemented accommodative monetary policies, including interest rate adjustments, to stabilize financial markets and support economic recovery. The Indonesian government pursued an expansive fiscal policy, increasing government spending on infrastructure and social welfare programs to stimulate economic activity and mitigate social unrest. Tax incentives and relief measures were introduced to support businesses and stimulate investment, while targeted subsidies were provided to specific industries. Despite challenges such as fiscal constraints and external shocks, these policy measures contributed to reducing the crisis's impact, promoting economic resilience, and fostering sustainable development in Indonesia. Continuous evaluation and adaptation of policy frameworks are recommended to address emerging challenges effectively in the future.
The Urgency of Indonesian Public Policy in Facing a War Situation in the Peace of Global Economic Competition Rianto, Rianto; Prakoso, Lukman Yudho; Alman, Fariel Zulfikar; Soemantri, Asep Iwa; Patmi, Sri; Bermana, Seftiandra; Habibie, Sri Yaumil; Al-Mujaddid, Toriq Furqon
Indonesian Journal of Interdisciplinary Research in Science and Technology Vol. 2 No. 7 (2024): July 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/marcopolo.v2i7.10450

Abstract

This article discusses the urgency of Indonesian public policy in facing the situation of "war in peace" amidst global economic competition. Competition between countries now includes economics, technology, and politics. Indonesia must adopt adaptive and proactive policies to maintain stability and advance national interests. Through qualitative analysis, this article explores strategies such as strengthening economic infrastructure, economic diversification, human resource development, economic diplomacy, and bureaucratic reform. National security policy must also include economic, cyber, and energy aspects. This research provides insights for policymakers, academics, and practitioners in formulating effective strategies to face the challenges of globalization.