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Journal : Journal of Economics and Regional Science

Pengaruh Suku Bunga dan Jumlah Uang Beredar (M1) Terhadap Inflasi di Sumatera Utara Oktania, Ainur; Alisya, Jeane; Nainggolan, Noubel Putra; Putri, Dwi Nabila; Manihuruk, Frido Evindey
Journal of Economics and Regional Science Vol 4 No 1 (2024): Journal Of Economics and Regional Science
Publisher : STIE Jambatan Bulan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52421/jurnal-esensi.v4i1.441

Abstract

This study analyzes the effect of interest rates (BI rate) and money supply (M1) on inflation in North Sumatra Province by looking at the role of Bank Indonesia as the monetary authority. Quantitative methodology with multiple regression analysis is used in data processing in this study and uses annual data (2005-2020) obtained from the Central Bureau of Statistics of North Sumatra, Bank Indonesia and the Indonesian national website which is also a source of analysis. The results show a positive and significant impact of interest rates on inflation, while money supply (M1) has a positive but insignificant impact. With a coefficient of determination of 67.36%, most of the variation in inflation is explained by interest rates (BI rate) and money supply (M1). The results have important implications for economic policy formulation and effective decision making in maintaining price stability at the regional level by Bank Indonesia
Kebijakan Pengelolaan Sumber Daya Alam di Indonsia pada Era Pemerintahan Jokowi Manihuruk, Frido Evindey; Alisya, Jeane; Syahbana, Eza; Purba, Bonaraja
Journal of Economics and Regional Science Vol 4 No 1 (2024): Journal Of Economics and Regional Science
Publisher : STIE Jambatan Bulan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52421/jurnal-esensi.v4i1.449

Abstract

This article is an economic review of government policies in the management of natural resources in Indonesia during the era of President Joko Widodo (Jokowi). Through a desk-based research method, it analyzes a series of policies implemented, such as the forest and plantation permit moratorium, forest restoration program, One Map initiative, Oil and Gas sector management, renewable energy development, and raw material export ban. From an economic perspective, this article evaluates the impact of these policies on economic growth, environmental resilience, and community welfare. The analysis identifies positive aspects and challenges in the implementation of natural resource management policies, and emphasizes the importance of striking the right balance between economic growth and environmental sustainability in formulating future policies