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Bank Indonesia's Role in Maintaining Monetary Stability and the Payment System in Indonesia M. Faisal Rahendra Lubis; br Tarigan, Bella; Siti Zahra Hsb; Hafizah Salsabilah Manik; Shafira Putri Azhari; Daffa A. Ananda Bayadi
International Journal of Economic, Technology and Social Sciences (Injects) Vol. 6 No. 1 (2025): Mei 2025
Publisher : CERED Indonesia Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53695/injects.v6i1.1569

Abstract

This article discusses the role of Bank Indonesia in maintaining monetary and payment system stability as an important part of national economic resilience. Monetary stability is understood as an effort to control inflation, maintain the value of the rupiah, and ensure that the amount of money in circulation is at a level appropriate for economic needs. The development of financial technology and the digitalization of payment systems have also influenced these stabilization mechanisms, requiring Bank Indonesia to adjust its policies to structural changes in the financial system. This research uses a normative legal method with a statute and conceptual approach, and is sourced from primary legal materials such as Article 23D of the 1945 Constitution, Law No. 23 of 1999, and Law no. 6 of 2009, as well as supported by secondary literature from books and scientific journals. The analysis results show that Bank Indonesia implements monetary stabilization through the BI-7DRR interest rate policy, open market operations, exchange rate intervention, and macroprudential instruments to maintain inflation and the stability of the rupiah's value. At the same time, BI's role in the payment system is realized through strengthening digital infrastructure such as QRIS and BI-FAST, improving cybersecurity, and regulations aimed at reducing systemic risk. Research findings also indicate that challenges in the digital age include cybercrime threats, infrastructure inequality, cryptocurrency developments, and the need for regulatory harmonization between institutions. Therefore, the future strategy requires BI to strengthen policy adaptation, increase digital financial literacy, and expand institutional synergies to ensure the sustained maintenance of monetary and payment system stability.
Penegakan Hukum terhadap Kejahatan Lingkungan: Antara Kepentingan Ekonomi dan Keadilan Ekologis M. Faisal Rahendra Lubis; Annisa Febianna Manurung; Nur Shaella Maharani; Muhammad Oriza Arifin; Felysha Azwa Tasbihta Surbakti
YASIN Vol 6 No 3 (2026): JUNI
Publisher : Lembaga Yasin AlSys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/yasin.v6i3.10459

Abstract

The increasing number of environmental crime cases poses a serious challenge to achieving sustainable development in Indonesia, particularly when environmental law enforcement is confronted with the dominance of economic interests. Although environmental law enforcement has been widely studied, discussions on the dilemma between economic interests and ecological justice in the law enforcement process remain limited. This study aims to analyze the implementation of law enforcement against environmental crimes and identify obstacles arising from the dominance of economic interests. This study used a qualitative approach with a normative juridical research design through an analysis of legislation, legal literature, and relevant case studies. The results show that environmental law enforcement still faces various obstacles, including conflicts of interest, weak application of sanctions, and low political commitment to environmental protection. These findings affirm that a development orientation that overly emphasizes economic interests can weaken the principle of ecological justice and hinder the effectiveness of environmental protection. The conclusion of this study emphasizes the importance of strengthening regulations, increasing the effectiveness of law enforcement, and enhancing synergy among stakeholders to achieve ecological justice and sustainable development. The contribution of this study lies in strengthening an environmental law perspective that positions ecological justice as a basis for balancing economic interests and environmental protection.
Penegakan Hukum Lingkungan Ditinjau dari Undang-Undang Nomor 32 Tahun 2009 tentang Perlindungan dan Pengelolaan Lingkungan Hidup M. Faisal Rahendra Lubis; Isti Qomahnur Ananda; Nurpadila Nurpadila; Putri Rahmi Harahap; Aulia Rahmah Batubara
Jembatan Hukum : Kajian ilmu Hukum, Sosial dan Administrasi Negara Vol. 3 No. 2 (2026): Juni : Jembatan Hukum : Kajian ilmu Hukum, Sosial dan Administrasi Negara
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62383/jembatan.v3i2.3119

Abstract

Environmental law enforcement is one of the important instruments in maintaining environmental sustainability in the midst of increasing industrial activities and technological developments that have the potential to cause pollution and environmental damage. Increasingly complex environmental problems require effective law enforcement to protect people's rights to obtain a good and healthy environment. This study aims to determine the development of environmental law enforcement in Indonesia and analyze the application of administrative, civil, and criminal law enforcement based on Law Number 32 of 2009 concerning Environmental Protection and Management. The research method used is normative legal research with a legislative approach and a conceptual approach, which is analyzed qualitatively descriptively. The results of the study show that environmental law enforcement in Indonesia is carried out through three main instruments, namely administrative law, civil law, and criminal law. Administrative law enforcement focuses more on preventive efforts through supervision and the application of administrative sanctions, while civil law enforcement aims to provide compensation and environmental restoration due to pollution or environmental damage. Meanwhile, criminal law enforcement is applied to perpetrators of environmental crimes to provide a deterrent effect and prevent the recurrence of similar violations. The implications of this study show that the success of environmental law enforcement does not only depend on the existence of laws and regulations, but is also influenced by the quality of law enforcement officials, the effectiveness of supervision, and public awareness in protecting and preserving the environment.