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Analysis of the Influence of Sharia Monetary Policy on Economic Development in Indonesia Rania Ningsih; Bilal Kautsar Setiabudi; Moh azfahani zain; Nasya Amelia Putri
Al-Fadilah: Islamic Economics Journal Vol. 2 No. 1 (2024): Potential and Innovation in Islamic Economic
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/fadilah.v2i1.18

Abstract

The Islamic economic system is considered capable of contributing to the global economy, including in Indonesia. This article aims to analyze monetary policy in Indonesia from an Islamic economic perspective. In this research, researchers observe monetary policy instruments, namely open market operations, where in general, monetary targets are aimed at encouraging economic growth and stabilizing inflation. The methodology used is a literature study approach to three main journals and several national and international journal articles related to sharia monetary. The main finding of this research is that the development of sharia-based monetary policy in Indonesia is considered to have an important role in economic development in Indonesia.
Strategic Steps in Dealing with Indonesia's Foreign Debt Through a Political-Economic Perspective Moh Azfahani Zain; Bilal Kautsar Setiabudi; Kholilur Rohman; Mashudi
INTERDISIPLIN: Journal of Qualitative and Quantitative Research Vol. 2 No. 2 (2025)
Publisher : Penerbit Hellow Pustaka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61166/interdisiplin.v2i2.79

Abstract

This research analyzes the strategic steps that Indonesia can take in facing foreign debt challenges from a political-economic perspective. Indonesia's foreign debt has become an important issue in recent decades, with its impact not only on economic stability, but also in the domestic and international political context. Using a political economy theory approach, this research seeks to explain the interaction between economic policy, political interests and global dynamics in debt management. This research finds that an effective debt management strategy requires a combination of disciplined fiscal policy, strong economic diplomacy, and diversification of financing sources. Through these steps, Indonesia can minimize the risk of dependence on foreign debt and increase economic independence.