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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.
Building a Resilient Society With the Special Economic Zone Concept: A Defense Economic Perspective Al-Mujaddid, Toriq Furqon; Yulivan, Ivan; Prakoso, Lukman Yudho
Jurnal Pertahanan: Media Informasi tentang Kajian dan Strategi Pertahanan yang Mengedepankan Identity, Nasionalism dan Integrity Vol 10, No 2 (2024)
Publisher : The Republic of Indonesia Defense University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33172/jp.v10i2.19589

Abstract

This study explores the concept of Special Economic Zones as a strategy for building economic resilience in communities facing contemporary global challenges. Through a systematic literature review, this study analyzes Special Economic Zones’ implementation, contributions, and integration with Defense Economic theory. The study reveals that successful special economic zones are characterized by sector integration, innovation focus, multi-stakeholder involvement, increased productivity, and job creation. Cities adopting this model demonstrate 40% higher economic resilience to external shocks than conventional development approaches. The Special Economic Zone concept contributes to economic resilience through integrated innovation ecosystems, reduction of inequality, strengthening of supply chains, and promotion of green economy transitions. Its integration with Defense Economic theory introduces concepts like functional redundancy and dynamic resilience, enhancing adaptability to market changes and technological advancements. The study also highlights the importance of cybersecurity in maintaining economic resilience in the digital age. While the Special Economic Zone model shows promise in fostering sustainable development and economic resilience, challenges remain, particularly in developing countries, including infrastructure limitations and skills gaps. The research recommends a gradual implementation approach tailored to local contexts, emphasizing digital technology integration and human capital development.