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Sri Sundari
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Humanities Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Other

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THE EFFECT OF GROSS DOMESTIC PRODUCT, INFLATION, DOMESTIC CREDIT TO PRIVATE SECTOR ON NET FOREIGN ASSETS ON INDONESIA’S BALANCE PAYMENT 1997-2018 Nur Khotimah; Rheviani HK Putri; Lukman Yudho Prakoso; Sri Sundari; Agus Winarna; Yudi Sutrasna; Sri Murtiana; Juliana Juliana; Gabriel Choirul Alman; Supandi Supandi; Djamaludin Malik
Jurnal Cakrawala Ilmiah Vol. 2 No. 2: Oktober 2022
Publisher : Bajang Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53625/jcijurnalcakrawalailmiah.v2i2.3817

Abstract

The slowdown in the world economy has impacted on several global commodity prices. As a result, this has resulted in an increasing current account deficit, in addition, Indonesia's balance of payments has fluctuated over the past decade. This study aims to determine the effect of gross domestic product, as well as the function of Bank Indonesia in maintaining the value of the rupiah to remain stable. The data used in this study is secondary data from 1997 to 2018. The analytical technique used in this study is multiple regression with Ordinary Least Square (OLS). The results of the study show that gross domestic product, inflation, and private sector domestic credit have a significant effect on foreign assets (NFA) simultaneously. Gross domestic product has a significant positive effect on NFA, and inflation and domestic credit to the private sector have a significant and negative effect on individual NFA. This research model shows that monetary policy is needed to maintain the balance of payments
PUBLIC POLICY PARADOXES ADVANCE THE DEFENSE INDUSTRY Wahyu Gusriandari; Lukman Yudho Prakoso; Feny Avisha; Ria Anggun Ariani; Sri Sundari; Agus Winarna; Yudi Sutrasna; Sri Murtiana; Juliana Juliana; Gabriel Choirul Alman; M. Ikmal Setiadi; Rianto Rianto
Jurnal Cakrawala Ilmiah Vol. 2 No. 2: Oktober 2022
Publisher : Bajang Institute

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53625/jcijurnalcakrawalailmiah.v2i2.3818

Abstract

The onset of the Russian and Ukrainian wars is proof that the existence of physical war is still a real threat to any country at this time. It is common logic that no matter how long our defense and security equipment is still dependent on other countries, we still have limitations in strengthening our country's security defense system. This paper aims to analyze the implementation of policies related to the development of the defense industry to find recommendations in the optimization of the defense industry. The method used is a Literature Study with a descriptive qualitative approach that is the choice and use of George Edward III's policy implementation theory as an operational theory used to analyze problems. The results of the discussion showed that there were still communication constraints between relevant ministries/institutions, limited resources, especially in the priority of using the state budget in other fields, which were the main factors in financing the defense industry. The disposition of relevant ministry/institutional entities that still cannot be fully integrated properly, and also the overlapping authority of the bureaucratic structure. The conclusion of this paper is that the government in this case the President and the House of Representatives of the Republic of Indonesia must firmly decide on priorities to support policies to advance the defense industry that are really realistic to be developed, not stuck with only limited propaganda capable of making their own but the fact is that only separate products from foreign manufacturers
Co-Authors Agus Winarna Djamaludin Malik Feny Avisha Gabriel Choirul Alman Juliana Juliana M. Ikmal Setiadi Nur Khotimah Prakoso, Lukman Yudho Rheviani HK Putri Ria Anggun Ariani Rianto M.Si.Par Sri Murtiana Supandi Supandi Sutrasna, Yudi Wahyu Gusriandari