Journal of Social Research
Vol. 4 No. 7 (2025): Journal of Social Research

Considering Indonesia's Economic Growth Direction: Between the OECD and BRICS

Maulana, Arief Rahman (Unknown)
Azis, Aswin Ariyanto (Unknown)



Article Info

Publish Date
25 Jun 2025

Abstract

This research examines Indonesia's economic strategy in navigating simultaneous engagement with two major economic blocs, the Organisation for Economic Co-operation and Development (OECD) and BRICS, specifically analyzing the relevance of the OECD for Indonesia after BRICS membership amidst the dynamics of economic growth of OECD countries. This research aims to analyze the potential of Indonesia's economic strategy through a hedging concept approach within the framework of BRICS membership and accession to the OECD. Using descriptive-qualitative method based on literature study and secondary data, the patterns of cooperation and economic performance of the two blocs are analyzed. The results show that engagement with BRICS does not diminish the strategic role of the OECD, BRICS offers opportunities through market expansion and access to alternative financing, while the OECD remains vital as a partner to promote structural reforms and improve national competitiveness.

Copyrights © 2025






Journal Info

Abbrev

ijsr

Publisher

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Education Social Sciences

Description

The Journal of Social Research is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published monthly by International Journal Labs. The Journal of Social Research provides a means for sustained discussion of relevant issues that fall ...