Indonesian Journal of Banking and Financial Technology (FINTECH)
Vol. 2 No. 1 (2024): January 2024

Defense Economic Diplomacy in Overcoming the Impact of the Israel - Hamas War on Indonesia's Economic Resilience

Yulivan, Ivan (Unknown)
Mahroza, Jonni (Unknown)
Rianto, Rianto (Unknown)
Prakoso, Lukman Yudho (Unknown)
Setiadi, Muhammad Ikmal (Unknown)



Article Info

Publish Date
31 Jan 2024

Abstract

One of the most real threats from the increasingly heated Hamas-Israel conflict is the soaring world crude oil prices. Geographically, the proximity of the conflict in the Middle East is quite close to oil-producing countries. If the supply or distribution of oil from this area is disrupted. A significant increase in oil prices in a short time can have a tremendous shock effect on the market, the impact of this increase in commodities will spread to the national economy. This research was conducted using descriptive analysis. The process of Israel's annexation of Palestine will be described and analyzed in detail. The Indonesian government, through the first paragraph of the preamble to the 1945 Constitution, has the obligation to realize world peace by creating a new environment free from sovereignty conflicts, and clear and well-defined authority over economic activities that can take the Palestinian economy further towards the path of higher development and growth. Playing a direct diplomatic role by becoming the fifth of four countries currently the main actor in maintaining peace in the Middle East.

Copyrights © 2024






Journal Info

Abbrev

fintech

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The Indonesian Journal of Banking and Financial Technology (FINTECH) is an open-access academic journal founded to provide a strong venue or platform to publish, disseminate, promote, publicize, and develop the application of mathematics, statistics, computer science, finance, and business law in ...