Law and Economics
Vol. 18 No. 1 (2024): February: Law and Economics

Decentralization and Regional Economic Growth in Indonesia: An Analysis of Governance and Fiscal Decentralization

Roberts Maharjan (Unknown)



Article Info

Publish Date
26 Feb 2024

Abstract

This research paper examines the factors that drive regional economic growth in Indonesia's era of decentralization. Drawing on a mixed-methods approach, the study combines quantitative analysis of secondary data with qualitative insights from interviews and focus groups. The research aims to provide a comprehensive analysis of the factors influencing regional economic growth and to inform policy-making efforts aimed at promoting inclusive and sustainable development across all regions of Indonesia. The findings suggest that governance, fiscal decentralization, natural resource management, infrastructure, and human capital development are critical drivers of regional economic growth. Decentralization has empowered local governments to make decisions that are more responsive to the needs of their constituents, leading to improvements in service delivery and overall economic development. Fiscal decentralization has enabled regions to mobilize resources and invest in infrastructure and human capital, contributing to higher levels of economic growth.

Copyrights © 2024






Journal Info

Abbrev

LE

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Description

The Law and Economics is an interdisciplinary Publication. It seeks to promote an understanding of many complex phenomena by examining such matters from a combined law, economics, and organization perspective (or a two-way combination thereof). In this connection, we use the term organization ...