International Journal of Humanities Education and Social Sciences
Vol 3 No 6 (2024): IJHESS JUNE 2024

BERADAPTASI DENGAN PELEMAHAN EKONOMI GLOBAL DI INDONESIA DENGAN MEMANFAATKAN INSTRUMEN FISKAL DAN MONETER

Al-Mujaddid, Toriq Furqon (Unknown)
Suwito Suwito (Unknown)



Article Info

Publish Date
15 Jun 2024

Abstract

The study evaluates the efficiency of fiscal and monetary measures mitigating the worldwide economic downturn impacted Indonesia's economy. During the crisis, Indonesia faced challenges such as trade disruptions, decreased export demand, and financial sector experiences liquidity issues. Bank Indonesia implemented accommodative monetary policies, including interest rate adjustments, to stabilize financial markets and support economic recovery. The Indonesian government pursued an expansive fiscal policy, increasing government spending on infrastructure and social welfare programs to stimulate economic activity and mitigate social unrest. Tax incentives and relief measures were introduced to support businesses and stimulate investment, while targeted subsidies were provided to specific industries. Despite challenges such as fiscal constraints and external shocks, these policy measures contributed to reducing the crisis's impact, promoting economic resilience, and fostering sustainable development in Indonesia. Continuous evaluation and adaptation of policy frameworks are recommended to address emerging challenges effectively in the future.

Copyrights © 2024






Journal Info

Abbrev

ijhess

Publisher

Subject

Humanities Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Social Sciences Other

Description

International Journal Of Humanities Education and Social Sciences (IJHESS) is to provide a research medium and an important reference for the advancement and dissemination of research results that support high-level research in the fields Culture of Education and Social Science Research . Original ...