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All Journal Jurnal Ekonomi Jurnal Ilmiah Multidisiplin Indonesia
Valhan Hamdiana Rachman
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Agriculture, Biological Sciences & Forestry Computer Science & IT Earth & Planetary Sciences Economics, Econometrics & Finance Engineering Physics

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Geopolitics And Its Impact On The Indonesian Economy In The Era Of Globalization Valhan Hamdiana Rachman
Jurnal Ekonomi Vol. 13 No. 04 (2024): Edition October -December 2024
Publisher : SEAN Institute

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This study aims to analyze the relationship between global geopolitical dynamics and its impact on the Indonesian economy in the era of globalization. Geopolitics, as the study of the influence of political power on territory and resources, is increasingly playing a strategic role in determining a country's economic stability and growth. In the era of globalization, technological advances, and changes in the world order are accelerating changes in geopolitical relations, which have direct implications for the economic sector, including trade, investment, and energy security. This research uses a qualitative-descriptive approach. The results of this study show that geopolitics has a significant impact on the Indonesian economy, both in terms of trade, investment, the maritime sector, and tourism. Global geopolitical instability, such as international tensions and protectionist policies, can disrupt international trade routes, increase logistics costs, and affect the flow of foreign investment to Indonesia. In addition, disruptions to Indonesia's maritime security, such as smuggling of goods and overlapping territorial claims, have the potential to harm economic sectors that depend on natural resources and maritime transportation. On the other hand , geopolitical tensions have also had an impact on the decline in the number of foreign tourists, which has an impact on the decline in Indonesia's tourism sector revenue. Overall, this study underlines the importance of geopolitical stability in ensuring the sustainability and growth of the Indonesian economy amidst changing global dynamics.
Global Geopolitical Dynamics: BRICS' Collective Strategy in Facing Western Domination and Its Implications for Indonesia Valhan Hamdiana Rachman
Jurnal Ilmiah Multidisiplin Indonesia (JIM-ID) Vol. 4 No. 04 (2025): Jurnal Ilmiah Multidisiplin Indonesia (JIM-ID), April 2025
Publisher : Sean Institute

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This study aims to analyze the dynamics of global geopolitics through the collective strategy of the BRICS countries (Brazil, Russia, India, China, and South Africa) in facing Western domination, as well as to evaluate its implications for Indonesia from both political and economic perspectives. In the current multipolar era, BRICS seeks to strengthen its bargaining position through strategic cooperation in economics, finance, and global diplomacy. This study employs a qualitative approach using literature review methods, including the analysis of official documents, academic journals, and international news sources. The findings show that BRICS plays a strategic role in responding to Western dominance by enhancing multilateral cooperation, reforming global governance, and developing a more inclusive and alternative economic system. Initiatives such as the establishment of the New Development Bank (NDB), strengthening collective defense, and advancing renewable energy development reflect member states’ efforts to establish a more balanced world order. For Indonesia, BRICS presents significant opportunities in market access, infrastructure financing, and trade diversification. However, Indonesia must remain cautious of geopolitical challenges and the competition among emerging economies, and must formulate an adaptive foreign policy to fully capitalize on the benefits presented by these global shifts.
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