Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.42
Sri Retnoningsih, Setyo Mahanani
This study explains the effect of corporate performance, corporate values and corporate governance mechanisms on executive compensation. The sample is 16 firms listed in the manufacturing company for the period of 2010-2016 (112 research data). Results of F test show that the regression model used to determine the ROA variable (X1), Tobin’s Q (X2), Institutional ownership (X3) on Executive Compensation (Y) is jointly influential, so the proposed hypothesis is proved true. Result of F test 20,275 with p value (sig.) Equal to 0.000 which is much smaller 5% (0.05). The regression model in this study indicates that the independent variables are able to explain the Executive compensation by 36%. Based on t test result, it is found that ROA (X1) variable has no effect on execitive compensation, Tobin's Q (X2), Institutional Ownership (X3), which significantly influence Executive Compensation (Y). Keyword—Return on Asset (ROA); corporate values (Tobin’s Q); Mechanism of Corporate Governance (Institutional Ownership); Executive Compensation
{"title":"Influence of Financial Performance, Value of Company, Corporate Governance Mechanism For Executive Compensation","authors":"Sri Retnoningsih, Setyo Mahanani","doi":"10.2991/ISCOGI-17.2019.42","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.42","url":null,"abstract":"This study explains the effect of corporate performance, corporate values and corporate governance mechanisms on executive compensation. The sample is 16 firms listed in the manufacturing company for the period of 2010-2016 (112 research data). Results of F test show that the regression model used to determine the ROA variable (X1), Tobin’s Q (X2), Institutional ownership (X3) on Executive Compensation (Y) is jointly influential, so the proposed hypothesis is proved true. Result of F test 20,275 with p value (sig.) Equal to 0.000 which is much smaller 5% (0.05). The regression model in this study indicates that the independent variables are able to explain the Executive compensation by 36%. Based on t test result, it is found that ROA (X1) variable has no effect on execitive compensation, Tobin's Q (X2), Institutional Ownership (X3), which significantly influence Executive Compensation (Y). Keyword—Return on Asset (ROA); corporate values (Tobin’s Q); Mechanism of Corporate Governance (Institutional Ownership); Executive Compensation","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129976500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.1
A. Bathoro, M. Kosandi
This article explains the extent of the state’s role in the nationalization of Inalum Corporation, two levels i.e central government and local government levels. Data and information was gathered by qualitative research. In-depth interviews was conducted with officials at the central and local governments, as well as with civil society and investors. This study argues that, in the nationalization of Inalum, the state was not autonomous in decision making at the local level. This is due to the fact that it did not pursuit and serve its own interest for maximum share of the profitable company. The state serves as a tool to maintain social cohesion in order secure capitalit’s economic interest. in this case on the other hand, at the central level, the state demonstrate its commitment to national interest in nationalizing the prospective company and sharing the ownership with the local
{"title":"The Role of State in Nationalization of Indonesia Alumunium Corporation","authors":"A. Bathoro, M. Kosandi","doi":"10.2991/ISCOGI-17.2019.1","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.1","url":null,"abstract":"This article explains the extent of the state’s role in the nationalization of Inalum Corporation, two levels i.e central government and local government levels. Data and information was gathered by qualitative research. In-depth interviews was conducted with officials at the central and local governments, as well as with civil society and investors. This study argues that, in the nationalization of Inalum, the state was not autonomous in decision making at the local level. This is due to the fact that it did not pursuit and serve its own interest for maximum share of the profitable company. The state serves as a tool to maintain social cohesion in order secure capitalit’s economic interest. in this case on the other hand, at the central level, the state demonstrate its commitment to national interest in nationalizing the prospective company and sharing the ownership with the local","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133136114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.37
Winarsih Winarsih, Hendar
Readiness Assessment Scorecard is offered to measure the extent to which the readiness of creative industries has a competitive advantage. A specific measurement model of competitive advantage will make it easier to develop the creative industry. The adoption of information technology (IT) can be studied from the perspective of readiness of users, which is the business actors for Micro, Small and Medium Enterprises (SMEs) creative industries in Central Java in adopting IT. The research design and model was developed by using Technology Readiness Index (TRI). The data used are primary data, and sample determination used rule of thumb from Hair et al (2006), with maximum likehood method. Data was collected by using survey method with questionnaire and analyzed using AMOS software. In general, the research findings indicate that SMEs in creative industries in Central Java have readiness to adopt IT. However, the research findings also indicate that perceptions of discomfort and insecurity are key issues that could potentially hamper IT adoption by SMEs creative industries in Central Java
{"title":"Adoption of Readiness Assessment Scorecard in Improving Competitiveness of Creative Industry in Central Java","authors":"Winarsih Winarsih, Hendar","doi":"10.2991/ISCOGI-17.2019.37","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.37","url":null,"abstract":"Readiness Assessment Scorecard is offered to measure the extent to which the readiness of creative industries has a competitive advantage. A specific measurement model of competitive advantage will make it easier to develop the creative industry. The adoption of information technology (IT) can be studied from the perspective of readiness of users, which is the business actors for Micro, Small and Medium Enterprises (SMEs) creative industries in Central Java in adopting IT. The research design and model was developed by using Technology Readiness Index (TRI). The data used are primary data, and sample determination used rule of thumb from Hair et al (2006), with maximum likehood method. Data was collected by using survey method with questionnaire and analyzed using AMOS software. In general, the research findings indicate that SMEs in creative industries in Central Java have readiness to adopt IT. However, the research findings also indicate that perceptions of discomfort and insecurity are key issues that could potentially hamper IT adoption by SMEs creative industries in Central Java","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115605591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.46
E. Prihantoro, Siti Siti Zulizilah
{"title":"Instagram as Promotion Media for Indonesian Local Brand and Business","authors":"E. Prihantoro, Siti Siti Zulizilah","doi":"10.2991/ISCOGI-17.2019.46","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.46","url":null,"abstract":"","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125710228","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.3
R. Pasciana
Women are the citizens who have strategic role that can succeed the national development. This strategic role can be applied within the family, education, economy, and environmental preservation. Women’s strategic role cannot be applied effectively if the women possess neither physical health nor psychological health. Women tend to have more unstable psychological state than men do. Thus, women have the deep sensitivity and trauma when they experience disturbing incident, which endangers them. That is why women need to get special attention and protection so that they are able to work in various fields without experiencing discrimination. Problems that can easily occur in everyday life, especially in the smallest scope, the family, is violence problem that target the women as its object. Violence against the women keeps happening and increasing both in quantity and in quality. One of its triggers is an unbalance gender relation between men and women. As an example, when there is a domestic violence case , women usually become its victim. It is very rare for men who become the victim in domestic violence case. In order to anticipate and prevent the violence against the women, Indonesian government has given human rights guarantee for all women by imposing the constitution number 23, 2004 regarding domestic violence eradication. One of the implementation of that policy is applied through legal entity that serves public regarding women and children cases; in Indonesian national police, there is a unit that deals with women and children protection (from now on will be known as PPA). Based on domestic violence case observation result that occurs in Garut regent, it is increasing in each year. During 2015, there were 17 reported cases on PPA Unit, criminal detective unit of Garut District Police. Meanwhile, in 2016, it increased to 19 cases. The increasing of case numbers is a challenge for PPA Unit at Garut District Police to improve its service by being more responsive towards the public complaint or report. Based on the issue stated above, the writer is interested in finding out more about the domestic violence in Garut District.
{"title":"Domestic Violence in Garut District","authors":"R. Pasciana","doi":"10.2991/ISCOGI-17.2019.3","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.3","url":null,"abstract":"Women are the citizens who have strategic role that can succeed the national development. This strategic role can be applied within the family, education, economy, and environmental preservation. Women’s strategic role cannot be applied effectively if the women possess neither physical health nor psychological health. Women tend to have more unstable psychological state than men do. Thus, women have the deep sensitivity and trauma when they experience disturbing incident, which endangers them. That is why women need to get special attention and protection so that they are able to work in various fields without experiencing discrimination. Problems that can easily occur in everyday life, especially in the smallest scope, the family, is violence problem that target the women as its object. Violence against the women keeps happening and increasing both in quantity and in quality. One of its triggers is an unbalance gender relation between men and women. As an example, when there is a domestic violence case , women usually become its victim. It is very rare for men who become the victim in domestic violence case. In order to anticipate and prevent the violence against the women, Indonesian government has given human rights guarantee for all women by imposing the constitution number 23, 2004 regarding domestic violence eradication. One of the implementation of that policy is applied through legal entity that serves public regarding women and children cases; in Indonesian national police, there is a unit that deals with women and children protection (from now on will be known as PPA). Based on domestic violence case observation result that occurs in Garut regent, it is increasing in each year. During 2015, there were 17 reported cases on PPA Unit, criminal detective unit of Garut District Police. Meanwhile, in 2016, it increased to 19 cases. The increasing of case numbers is a challenge for PPA Unit at Garut District Police to improve its service by being more responsive towards the public complaint or report. Based on the issue stated above, the writer is interested in finding out more about the domestic violence in Garut District.","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116832730","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.44
N. Hadi, Khanifah
Thisresearch aims to measure the performance of social responsibility of companies in mining industries that are traded in Indonesia Stock Exchange by using NH Approach measurement model. NH Approach is a model of social responsibility performance that is compiled in an integrated manner so that various dimensions of social responsibility take into account such as in terms of environmental dimensions, society, energy, employees, products or consumers, and other forms of social responsibility dimension. The result of the performance measurement of social responsibility shows that in general the grade of social responsibility performance is moderate. That's because of the weak regulation and weak awareness of corporations' understanding about social responsibility. Keywords—Legitimacy, Social Responsibility Performance,
{"title":"NH Approach: Social Responsibility Performance Measurement Case of Mining Industries in Indonesia Stock Exchange","authors":"N. Hadi, Khanifah","doi":"10.2991/ISCOGI-17.2019.44","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.44","url":null,"abstract":"Thisresearch aims to measure the performance of social responsibility of companies in mining industries that are traded in Indonesia Stock Exchange by using NH Approach measurement model. NH Approach is a model of social responsibility performance that is compiled in an integrated manner so that various dimensions of social responsibility take into account such as in terms of environmental dimensions, society, energy, employees, products or consumers, and other forms of social responsibility dimension. The result of the performance measurement of social responsibility shows that in general the grade of social responsibility performance is moderate. That's because of the weak regulation and weak awareness of corporations' understanding about social responsibility. Keywords—Legitimacy, Social Responsibility Performance,","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127759850","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.38
Derry Wanta
This paper aims to provide information on renewable energy program in Indonesia a case of Indonesia Domestic Biogas Programme (IDBP/BIRU), the actor, existing funding (credit) mechanism, the elements, types and information about the benefits of the program. BIRU is the first program on Renewable Energy (biogas) small scale (domestic-household) that applied payment mechanism in Indonesia. Initially many program on biogas small scale is not running well (sustained) with free mechanism (grant) support from Government of Indonesia, Donor or NGO. Methodology of this research is descriptive-qualitative method (case study). Data resources from primary and secondary documentation, archival record, open ended interview and participant observation. FindingBIRU is the first program on domestic biogas in Indonesia with payment mechanism and sustained. BIRU create multiplier effect on economic development and non-economic benefit. Originality of this paper add the literature on biogas small scale related to development the sectors, the financing mechanism and stakeholders especially for Indonesia. Keywords—Biogas Rumah (BIRU; Biogas small scale; Sector Development; Payment Mechanism on Domestic Biogas; Sustainable
{"title":"The First Payment Mechanism on Domestic Biogas in Indonesia (Indonesia Domestic Biogas Programme)","authors":"Derry Wanta","doi":"10.2991/ISCOGI-17.2019.38","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.38","url":null,"abstract":"This paper aims to provide information on renewable energy program in Indonesia a case of Indonesia Domestic Biogas Programme (IDBP/BIRU), the actor, existing funding (credit) mechanism, the elements, types and information about the benefits of the program. BIRU is the first program on Renewable Energy (biogas) small scale (domestic-household) that applied payment mechanism in Indonesia. Initially many program on biogas small scale is not running well (sustained) with free mechanism (grant) support from Government of Indonesia, Donor or NGO. Methodology of this research is descriptive-qualitative method (case study). Data resources from primary and secondary documentation, archival record, open ended interview and participant observation. FindingBIRU is the first program on domestic biogas in Indonesia with payment mechanism and sustained. BIRU create multiplier effect on economic development and non-economic benefit. Originality of this paper add the literature on biogas small scale related to development the sectors, the financing mechanism and stakeholders especially for Indonesia. Keywords—Biogas Rumah (BIRU; Biogas small scale; Sector Development; Payment Mechanism on Domestic Biogas; Sustainable","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131124374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.2
Mulyaningsih
Cultural shift gives impact on human source development problems in the organization as well as in the village in accordance to face global competition, thus human resources with good quality and local-based professionals in Indonesia are required. Organizational culture sharing characteristic transformation, climate, and empowerment are as efforts of facilitating local society process to motivate them for participation in accordance to improve thinking ability, logic, complex, dynamic, and contextual thinking. The research methodology used here is descriptive quantitative or statistical with non-probability sampling and is analyzed by using structural equation model (SEM). The result of this research shows that the characteristic of harmonious cultural sharing, supportive climate, and source empowerment have the highest correlation value on participation process with high achievement motivation while the characteristic of mutual organizational culture sharing morale, conflict climate, and opportunity empowerment have the lowest value on motivation participation. The findings require participation activity to develop organizational culture sharing morale with less conflict gives opportunity to fulfill power needs (reward) and harmonious organizational culture share should be developed with the sources through a clear achievement participation process for the village apparatuses, village figures, and the youth of Ciapus village in Banjaran District in Bandung Regency. Keywords—Transformation; Sharing; Climate; Empowerment; Participation.
{"title":"Organizational Culture Sharing Characteristic Transformation, Organizational Climate, and Empowerment on Motivation to Realize Society Participation in the Organization (A case study of Ciapus Village in Banjaran District)","authors":"Mulyaningsih","doi":"10.2991/ISCOGI-17.2019.2","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.2","url":null,"abstract":"Cultural shift gives impact on human source development problems in the organization as well as in the village in accordance to face global competition, thus human resources with good quality and local-based professionals in Indonesia are required. Organizational culture sharing characteristic transformation, climate, and empowerment are as efforts of facilitating local society process to motivate them for participation in accordance to improve thinking ability, logic, complex, dynamic, and contextual thinking. The research methodology used here is descriptive quantitative or statistical with non-probability sampling and is analyzed by using structural equation model (SEM). The result of this research shows that the characteristic of harmonious cultural sharing, supportive climate, and source empowerment have the highest correlation value on participation process with high achievement motivation while the characteristic of mutual organizational culture sharing morale, conflict climate, and opportunity empowerment have the lowest value on motivation participation. The findings require participation activity to develop organizational culture sharing morale with less conflict gives opportunity to fulfill power needs (reward) and harmonious organizational culture share should be developed with the sources through a clear achievement participation process for the village apparatuses, village figures, and the youth of Ciapus village in Banjaran District in Bandung Regency. Keywords—Transformation; Sharing; Climate; Empowerment; Participation.","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126765094","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.30
Sri Warjiyati
{"title":"Comparative Studies Between Islamic Criminal Law and Positive Law about Castration as Additional Punishment for A Pedophile","authors":"Sri Warjiyati","doi":"10.2991/ISCOGI-17.2019.30","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.30","url":null,"abstract":"","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124715679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-01DOI: 10.2991/ISCOGI-17.2019.7
S. Pramono, L. Changming
Huge of economy growth push China expands energy and market, technically China revival new Silk Path through the One Belt One Road Policy (OBOR) initiative. With OBOR China drives the Rise of New Eurasia and make this region become alternatives for US-Europe trade relations. On other hand Indonesia with Global Maritime Fulcrum (GMF) in China perspectives especially and Eurasia generally has very strategic geographical position for at least reinforce New Eurasia through sea line and as the Eurasia liaison with the world (mainly US, Japan and Australia that politically opposite with China interest). In this new global power structure as implications from the Rise of China, Indonesia has opportunity and challenge mainly as middle power. On one hand Indonesia find at least: (1) market (new Eurasia) with cheap access because the OBOR and GMF line; (2) push its economic growing as consequences of market expansion; (3) find its role as Sea Power so that push its bargaining position in international area; on other hand Indonesia also become (1) trade destinations from others countries mainly China easier; so that (2) dependence toward China politically. In this new world power structure Indonesia must has ability for stand on its position as state that has free active foreign policy. Indonesia should be (1) push productivity; (2) able to exploit Eurasia's new market; (3) reinforce its position between two great power (China and US); and (4) create the Rise of Indonesia. Keywords—Global Maritime Fulcrum (GMF), New Eurasia, One Belt One Road (OBOR).
{"title":"Global Maritime Fulcrum and the New Eurasia: Opportunity and Challenge for Indonesia","authors":"S. Pramono, L. Changming","doi":"10.2991/ISCOGI-17.2019.7","DOIUrl":"https://doi.org/10.2991/ISCOGI-17.2019.7","url":null,"abstract":"Huge of economy growth push China expands energy and market, technically China revival new Silk Path through the One Belt One Road Policy (OBOR) initiative. With OBOR China drives the Rise of New Eurasia and make this region become alternatives for US-Europe trade relations. On other hand Indonesia with Global Maritime Fulcrum (GMF) in China perspectives especially and Eurasia generally has very strategic geographical position for at least reinforce New Eurasia through sea line and as the Eurasia liaison with the world (mainly US, Japan and Australia that politically opposite with China interest). In this new global power structure as implications from the Rise of China, Indonesia has opportunity and challenge mainly as middle power. On one hand Indonesia find at least: (1) market (new Eurasia) with cheap access because the OBOR and GMF line; (2) push its economic growing as consequences of market expansion; (3) find its role as Sea Power so that push its bargaining position in international area; on other hand Indonesia also become (1) trade destinations from others countries mainly China easier; so that (2) dependence toward China politically. In this new world power structure Indonesia must has ability for stand on its position as state that has free active foreign policy. Indonesia should be (1) push productivity; (2) able to exploit Eurasia's new market; (3) reinforce its position between two great power (China and US); and (4) create the Rise of Indonesia. Keywords—Global Maritime Fulcrum (GMF), New Eurasia, One Belt One Road (OBOR).","PeriodicalId":378816,"journal":{"name":"Proceedings of the 3rd Annual International Seminar and Conference on Global Issues (ISCoGI 2017)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132574842","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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