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The Role of The Central Bank on Economic Growth (Study Case: Indonesia) Wijaya, Asyadia Haq Zahra; Ismail, Munawar; Santosa, Dwi Budi
International Journal of Accounting & Finance in Asia Pasific (IJAFAP) Vol 6, No 1 (2023): FEBRUARY EDITION OF INTERNATIONAL JOURNAL OF ACCOUNTING FINANCE IN ASIA PASIFIC
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v6i1.2134

Abstract

Since the last decade, Indonesia had a relatively low economic growth performance compared to several countries in Southeast Asia. To encourage economic growth in Indonesia, the role of the central bank is one of the policies that need to be considered. Therefore, this study aims to analyze the role of the central bank, especially in controlling inflation, exchange rates, and interest rates on economic growth. This study uses the ARDL method to ensure short-term and long-term relationships between variables. The results showed that there is a short-term and long-term relationship between interest rates and exchange rates on economic growth. This study also finds that there is no significant relationship between inflation and economic growth in both the short and long term. This analysis shows various central bank policies to stimulate economic growth such as exchange rates and interest rates.
The Role of The Central Bank on Economic Growth (Study Case: Indonesia) Wijaya, Asyadia Haq Zahra; Ismail, Munawar; Santosa, Dwi Budi
International Journal of Accounting and Finance in Asia Pasific (IJAFAP) Vol 6, No 1 (2023): February 2023
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/ijafap.v6i1.2134

Abstract

Over the past decade, Indonesia has had a relatively low economic growth rate compared to several countries in Southeast Asia. The role of the central bank is one of the instruments that need to be considered to encourage economic growth in Indonesia. As a result, examine how the central bank influence economic growth through controlling inflation, current rate, and interest rate as a policy is the purpose of this study.  Interest rates and exchange rates are shown to be significantly corelated to the economic growth in both the short- and long-term in this study using the ARDL approach. This discovered there is no significantly correlation between inflation and economic growth over the long and short terms. The analysis demonstrates the many steps the central bank has taken to promote economic growth.
PENGABDIAN MASYARAKAT UNTUK PENCEGAHAN STUNTING DI SEKOLAH TAHFIDZ RAUDHATUL QUR’AN, MALANG Kadji, Dzuliyati; Pangestuty, Farah Wulandari; Santoso, Dwi Budi; Wijaya, Asyadia Haq Zahra
Jurnal Abdi Insani Vol 11 No 4 (2024): Jurnal Abdi Insani
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/abdiinsani.v11i4.1580

Abstract

Undernourishment is an enormous health issue in Indonesia. Younger children are more likely to be stunted due to the important physical and cognitive growth phase from 0 to 5. Educational institutions can create a stunting prevention forum by incorporating instructors and parents. Parents can discover strategies to meet their children's nutritional demands during this crucial stage. Teachers may mitigate stunting by helping kids live healthy lives. Thus, the Faculty of Economics and Business team from Brawijaya University, Malang, conducts stunting prevention community engagement at an early childhood school. It studies how community participation promotes stunting prevention knowledge among parents and teachers at Raudhatul Qur'an Tahfiz School in Malang. A socialization program at Raudhatul Qur'an Tahfidz School in Malang City aims to raise teachers' and parents' awareness and comprehension of stunting prevention and its prevention methods.