International Journal of Science and Society (IJSOC)
Vol 5 No 3 (2023): International Journal of Science and Society (IJSOC)

Energy Policy and Poverty: A Study of the Effects of Fuel Prices in Indonesia

Didin Muhafidin (Universitas Padjadjaran, Bandung, Indonesia)



Article Info

Publish Date
29 Jul 2023

Abstract

The purpose of this article is to examine the effects of the Indonesian government's oil fuel price policy on the nation's poverty rate. This study investigates how variations in oil fuel costs affect the population's ability to make purchases, particularly those who are below the poverty line. It does so by using secondary data from a variety of sources and quantitative analysis techniques. According to the study's findings, the oil industry's gasoline pricing strategy significantly affects the poverty rate because rising fuel costs tend to make people poorer. According to this article, the government should think about the socioeconomic repercussions of its energy policy and look for ways to lessen the effects of rising fuel prices. The study adds to the body of knowledge on energy and poverty policies in Indonesia by offering new insights into the relationship between energy policy and poverty.

Copyrights © 2023






Journal Info

Abbrev

ijsoc

Publisher

Subject

Materials Science & Nanotechnology Social Sciences

Description

International Journal of Science and Society (IJSOC) is open access and peer-reviewed journal with e-ISSN (2715-8780), IJSOC is an international journal devoted to the study of science and technology in a social context. It focuses on the way in which advances in science and technology influence ...