Tawazuna
Vol. 3 No. 1 (2023)

Effectiveness of Monetary and Fiscal Policies Fiscal Policy Effectiveness on Inflation and Unemployment Reduction in South Kalimantan

Rahimah, Afiatur (Unknown)
Ananda Aulia Futra (Unknown)
Sepreika Mutiyara (Unknown)



Article Info

Publish Date
07 Aug 2024

Abstract

This research aims to analyze the effectiveness of monetary and fiscal policies in combating inflation and unemployment in South Kalimantan and Indonesia. Reliable primary data sources such as journals, the Central Bureau of Statistics, and the official website of Bank Indonesia were utilized in this qualitative analysis. Indonesia, as a developing country, faces economic stability challenges, and monetary and fiscal policies are crucial instruments used by the government and central bank to regulate inflation and the overall economy. South Kalimantan, despite its abundant natural resources, still encounters economic disparities between urban and rural areas and sustainable resource management issues. To address these challenges, the government implements monetary and fiscal policies to facilitate economic control. The central bank aims to balance the money supply and commodity availability to achieve controlled inflation, full employment, and smooth commodity distribution. Fiscal policy plays a vital role in regulating macroeconomic balance and influencing short-term economic demand while also impacting long-term economic capacity. The research findings indicate the effectiveness of these policies, demonstrated by the controlled inflation rate in 2022 due to their implementation by the government

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Journal Info

Abbrev

tawazuna

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus: Tawazuna Journal focuses on publishing research and reflections in the field of Islamic banking, with an emphasis on the integration of Sharia principles in financial systems, banking practices, and economic development. Scope: The journal covers topics including: Islamic banking principles, ...