This paper is trying to assess whether the stock market in the Association of Southeast Asian Nations (ASEAN) countries, among others Indonesia, Thailand, Singapore, Philippine, Malaysia, and Vietnam, are integrated monthly data from January 2000 until August 2014. To support that analysis, a somewhat similar approached is done for the foreign exchange market in the same ASEAN member countries. The empirical results suggest that the ASEAN stock markets are co-integrated (except Philippines). Also, there is a positive relationship between Indonesia's and other ASEAN member countries' foreign exchange market. Those analysis were done in relationship with the new regional condition, faced by the new government just recently elected, that is, the ASEAN common market, which would be implemented in 2015.
{"title":"Stock Market Integration as a part of Financial Market in the ASEAN Economic Community","authors":"Yoopi Abimanyu","doi":"10.31685/KEK.V19I1.31","DOIUrl":"https://doi.org/10.31685/KEK.V19I1.31","url":null,"abstract":"This paper is trying to assess whether the stock market in the Association of Southeast Asian Nations (ASEAN) countries, among others Indonesia, Thailand, Singapore, Philippine, Malaysia, and Vietnam, are integrated monthly data from January 2000 until August 2014. To support that analysis, a somewhat similar approached is done for the foreign exchange market in the same ASEAN member countries. The empirical results suggest that the ASEAN stock markets are co-integrated (except Philippines). Also, there is a positive relationship between Indonesia's and other ASEAN member countries' foreign exchange market. Those analysis were done in relationship with the new regional condition, faced by the new government just recently elected, that is, the ASEAN common market, which would be implemented in 2015.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128111545","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}
Anggaran Program Kemiskinan melalui Kementerian/Lembaga dalam kurun waktu tahun 2006 - 2011 (sekitar 5 tahun] mencapai sebesar Rp351,5 triliun, hanya mampu mengurangi jumlah penduduk miskin sebesar 9,3 juta orang sehingga dalam tahun 2011 jumlah penduduk miskin di Indonesia sekitar 30,024 juta atau sebesar 11,5-12,5 persen dari jumlah penduduk Indonesia. Agar Indonesia terbebas dari kemiskinan tanpa perbaikan anggaran Program Kemiskinan maka dibutuhkan waktu sekitar 15 tahun, dan biaya sekitar Rpl.054,5 triliun. Oleh karena itu, untuk mendorong percepatan pengurangan penduduk miskin, perlu dirumuskan alternatif skenario anggaran versi baru melalui pendekatan bantuan langsung bersyarat (wajib menabung) setara dengan UMR nasional sebesar Rp908.800 per bulan diberikan kepada 17.488,007 kepala keluarga (KK) miskin, dalam waktu tiga tahun sebesar Rp572,151 triliun, diharapkan penduduk miskin sudah menjadi sejahtera, sehingga terjadi penghematan anggaran sebesar Rp482,35 triliun, dan penghematan waktu sekitar 12 tahun akan direkomendasikan dalam artikel ini.
贫困项目预算之内通过协会(ministry of food - 2006年- 2011年(约5年)到达Rp351,5万亿,穷人只能减少9.3万,2011年人口中穷人在印尼30.024亿或全国总人口的百分之11,5-12,5印尼。如果不改善贫困计划的预算，印尼要摆脱贫困，需要大约15年的时间，大约需要15年的时间来实现Rpl. 054.5万亿的成本。因此,为了鼓励加速减少贫困人口,需要制定替代方案预算通过直接援助方法假释新版本(强制性的储蓄)的全国最低工资相当于每月Rp908.800给穷人家庭17.488,007头(KK),三年内Rp572,151万亿,穷人的预期已经成为繁荣,从而发生财政紧缩Rp482,35万亿,这篇文章推荐了大约12年的节省时间。
{"title":"ANALISIS EFEKTIVITAS ALOKASI ANGGARAN PROGRAM KEMISKINAN PADA KEMENTERIAN NEGARA/LEMBAGA","authors":"S. Rahayu","doi":"10.31685/KEK.V16I3.63","DOIUrl":"https://doi.org/10.31685/KEK.V16I3.63","url":null,"abstract":"Anggaran Program Kemiskinan melalui Kementerian/Lembaga dalam kurun waktu tahun 2006 - 2011 (sekitar 5 tahun] mencapai sebesar Rp351,5 triliun, hanya mampu mengurangi jumlah penduduk miskin sebesar 9,3 juta orang sehingga dalam tahun 2011 jumlah penduduk miskin di Indonesia sekitar 30,024 juta atau sebesar 11,5-12,5 persen dari jumlah penduduk Indonesia. Agar Indonesia terbebas dari kemiskinan tanpa perbaikan anggaran Program Kemiskinan maka dibutuhkan waktu sekitar 15 tahun, dan biaya sekitar Rpl.054,5 triliun. Oleh karena itu, untuk mendorong percepatan pengurangan penduduk miskin, perlu dirumuskan alternatif skenario anggaran versi baru melalui pendekatan bantuan langsung bersyarat (wajib menabung) setara dengan UMR nasional sebesar Rp908.800 per bulan diberikan kepada 17.488,007 kepala keluarga (KK) miskin, dalam waktu tiga tahun sebesar Rp572,151 triliun, diharapkan penduduk miskin sudah menjadi sejahtera, sehingga terjadi penghematan anggaran sebesar Rp482,35 triliun, dan penghematan waktu sekitar 12 tahun akan direkomendasikan dalam artikel ini.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131726554","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}
This paper discusses the economic effects of the forest moratorium policy which has been launched by the government through the Presidential Decree no. 10 of 2011 dated 20th of May 2011. The issues addressed in the paper are the impacts on: land uses and natural forest area, carbon emissions, domestic prices, export-import, GDP, and poverty rate. Using the quantitative method of IRSA-Indonesia 5 - an inter-regional CGE model, the results show that the forest moratorium policy has both positive and negative impacts on Indonesia's economy.
{"title":"Dampak Moratorium Hutan Terhadap Ekonomi Indonesia : Analisis Menggunakan Model IRSA-Indonesia 5","authors":"Rakhmindyarto Rakhmindyarto","doi":"10.31685/KEK.V16I3.127","DOIUrl":"https://doi.org/10.31685/KEK.V16I3.127","url":null,"abstract":"This paper discusses the economic effects of the forest moratorium policy which has been launched by the government through the Presidential Decree no. 10 of 2011 dated 20th of May 2011. The issues addressed in the paper are the impacts on: land uses and natural forest area, carbon emissions, domestic prices, export-import, GDP, and poverty rate. Using the quantitative method of IRSA-Indonesia 5 - an inter-regional CGE model, the results show that the forest moratorium policy has both positive and negative impacts on Indonesia's economy.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121293716","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}
To augment people's purchasing power, to maintain business resilience and to raise business and industry's competitiveness, Government with its fiscal policy provides BMDTP facility. The provision was initiated with the intention to lessen the crisis impact in the midst of 2008. The measure was expected to be able to provide sufficient public goods and services. Besides, the effected real sektor may survive and raise its competitiveness. The quick research by PKAPBN concluded that the realized facility utilization trough BMDTP by Government was not optimal. The causes of low realization of BMDTP were identified, among others : (1J the mismatch between BMDTP provision with the needed sektors or industries; [2] the delayed issuance of PMK and BMDTP technical guidance; (3) the lack of knowledge of Ministry/Institution Financial Disbursement Official (Pembina K/L and KPA) on the industries having the access to acquire BMDTP. Government needs to review the cost and benefit of BMDTP on industries. The cost may be reviewed from production, and contribution on tax payment and employment creation. The Ministry/Institution or Echelon 1 which can evaluate BMDTP is FPO, MOF as the coordinator or chair of the evaluation team, and well supported by each Ministry/Institution responsible for particular industry. The task has been conducted by FPO since August 2010 and is still ongoing. In accordance with article 9 in each PMK BMDTP 2010, the evaluation timeliness may be extended to the end of February 2011.
{"title":"ANALISIS PEMBERIAN BEA MASUK DITANGGUNG PEMERINTAH (BM DTP) TAHUN 20101","authors":"Agunan P Samosir","doi":"10.31685/KEK.V16I3.67","DOIUrl":"https://doi.org/10.31685/KEK.V16I3.67","url":null,"abstract":"To augment people's purchasing power, to maintain business resilience and to raise business and industry's competitiveness, Government with its fiscal policy provides BMDTP facility. The provision was initiated with the intention to lessen the crisis impact in the midst of 2008. The measure was expected to be able to provide sufficient public goods and services. Besides, the effected real sektor may survive and raise its competitiveness. The quick research by PKAPBN concluded that the realized facility utilization trough BMDTP by Government was not optimal. The causes of low realization of BMDTP were identified, among others : (1J the mismatch between BMDTP provision with the needed sektors or industries; [2] the delayed issuance of PMK and BMDTP technical guidance; (3) the lack of knowledge of Ministry/Institution Financial Disbursement Official (Pembina K/L and KPA) on the industries having the access to acquire BMDTP. Government needs to review the cost and benefit of BMDTP on industries. The cost may be reviewed from production, and contribution on tax payment and employment creation. The Ministry/Institution or Echelon 1 which can evaluate BMDTP is FPO, MOF as the coordinator or chair of the evaluation team, and well supported by each Ministry/Institution responsible for particular industry. The task has been conducted by FPO since August 2010 and is still ongoing. In accordance with article 9 in each PMK BMDTP 2010, the evaluation timeliness may be extended to the end of February 2011.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127077245","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}
This study aims to determine the mechanism of funding the assignment (Public Service Obligation/PSO) to State Owner Enterprises and mechanism of budgeting for the provision premium payment of agricultural insurance. This research uses descriptive qualitative method. The process of analysis is performed using the laws, the theory of public finance, and insurance. Collecting data in this study using a literature study. The result of research shows that the assignment of agricultural insurance and the provision of premium payments are two separate programs and each requires its own funding proposal. Budget mechanisms to implement agricultural insurance assignment and assistance insurance premiums is guided by the Law 17/2003 and Government Regulation 90/2010. Proposed activities should be included in the Work Plan and Budget of the Ministry of Agriculture as technical ministries and proposed into the Draft State Budget. Furthermore, the budget allocation in the budget document's of the Ministry of Agriculture implemented in accordance with the statutory provisions pertaining to the procedures for budget execution. The assignment of agricultural insurance mechanisms implemented under Law 19/2003 and Government Regulation 45/2005. The payment mechanism at the expense of the state budget for the payment of a premium subsidy based on the Government Regulation 45/2013.
本研究旨在确定国有企业分配(Public Service Obligation/PSO)的筹资机制和农业保险提供保费支付的预算机制。本研究采用描述性定性方法。分析的过程是使用法律、公共财政理论和保险来进行的。本研究采用文献研究法收集数据。研究结果表明，农业保险的分配和支付是两个独立的项目，每个项目都需要自己的资金建议。实施农业保险转让和援助保险费的预算机制以第17/2003号法律和第90/2010号政府条例为指导。拟开展的活动应列入农业部作为技术部门的工作计划和预算，并列入国家预算草案。此外，农业部预算文件中的预算分配按照有关预算执行程序的法定规定执行。根据第19/2003号法律和第45/2005号政府条例实施的农业保险机制的分配。根据第45/2013号政府条例，以国家预算为代价支付保费补贴的支付机制。
{"title":"Mechanisms of Budgeting on Public Service Obligation And Premium Subsidy in Agricultural Insurance","authors":"M. Z. Abidin","doi":"10.31685/KEK.V19I1.21","DOIUrl":"https://doi.org/10.31685/KEK.V19I1.21","url":null,"abstract":"This study aims to determine the mechanism of funding the assignment (Public Service Obligation/PSO) to State Owner Enterprises and mechanism of budgeting for the provision premium payment of agricultural insurance. This research uses descriptive qualitative method. The process of analysis is performed using the laws, the theory of public finance, and insurance. Collecting data in this study using a literature study. The result of research shows that the assignment of agricultural insurance and the provision of premium payments are two separate programs and each requires its own funding proposal. Budget mechanisms to implement agricultural insurance assignment and assistance insurance premiums is guided by the Law 17/2003 and Government Regulation 90/2010. Proposed activities should be included in the Work Plan and Budget of the Ministry of Agriculture as technical ministries and proposed into the Draft State Budget. Furthermore, the budget allocation in the budget document's of the Ministry of Agriculture implemented in accordance with the statutory provisions pertaining to the procedures for budget execution. The assignment of agricultural insurance mechanisms implemented under Law 19/2003 and Government Regulation 45/2005. The payment mechanism at the expense of the state budget for the payment of a premium subsidy based on the Government Regulation 45/2013.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114193212","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}
The failure of supervision instrument on shadow banking practice in the US has triggered financial collapse and spread accross sovereignities. The G20 has asked FSB to undertake in depth analysis of shadow banking progress along with needed recommendations to overcome the weaknesses. This paper attempts to analyze the shadow banking practice in Indonesia particularly in the consumer finance industry by using the flow of fund analysis recommended by FSB and several relevant financial ratios. The size of credit intermediation in this industry only accounts for 3% of GDP compared to bank credit accounting for 30% of GDP in 2011, however the credit growth in finance industry has superseded banking sector. The consumer finance industry are dominantly reliant on bank lending and bond which reduces the susceptibility of market shock. The asset securitization is not common in this industry. The financial sector authority has imposed strick regulation on this industry to ensure industry's financial health. Despite industry's ability to meet those requirements, the high dependency on debt for operation has raised concern for stronger equity increase. Further, the expansive credit intermediation in this industry can bring liquidity problem which requires further regulation.
{"title":"KETAHANAN SEKTOR KEUANGAN DAN SHADOWBANKING: ANALISA TERHADAP INDUSTRI PEMBIAYAAN DI INDONESIA","authors":"Adriyanto Adriyanto","doi":"10.31685/KEK.V16I3.57","DOIUrl":"https://doi.org/10.31685/KEK.V16I3.57","url":null,"abstract":"The failure of supervision instrument on shadow banking practice in the US has triggered financial collapse and spread accross sovereignities. The G20 has asked FSB to undertake in depth analysis of shadow banking progress along with needed recommendations to overcome the weaknesses. This paper attempts to analyze the shadow banking practice in Indonesia particularly in the consumer finance industry by using the flow of fund analysis recommended by FSB and several relevant financial ratios. The size of credit intermediation in this industry only accounts for 3% of GDP compared to bank credit accounting for 30% of GDP in 2011, however the credit growth in finance industry has superseded banking sector. The consumer finance industry are dominantly reliant on bank lending and bond which reduces the susceptibility of market shock. The asset securitization is not common in this industry. The financial sector authority has imposed strick regulation on this industry to ensure industry's financial health. Despite industry's ability to meet those requirements, the high dependency on debt for operation has raised concern for stronger equity increase. Further, the expansive credit intermediation in this industry can bring liquidity problem which requires further regulation.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130852252","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}
Makalah ini menggunakan teknik ekonometrik Generalized Auto Regressive Conditional Heteroskedasticity (GARCH) untuk meramalkan perubahan nilai tukar yang berfrekuensi tinggi di Indonesia. GARCH, suatu model non-linear, umumnya digunakan untuk data keuangan berfrekuensi tinggi, seperti nilai tukar harian Rupiah terhadap Dolar Amerika Serikat. Penelitian ini menilai perilaku dari nilai tukar Rupiah terhadap dolar Amerika Serikat dengan membuat model dari perubahan nilai tukar harian dalam bentuk logaritma untuk periode 3 Januari 2000 sampai 16 Desember 2015. Periode ini meliputi era volatilitas tinggi dan turbulensi keuangan, seperti yang terjadi pada semester kedua tahun 2015 ketika nilai tukar Rupiah terhadap dolar Amerika Serikat turun menjadi Rp.14.500. Menggunakan model GARCH dalam menetapkan heteroskedastisitas, studi ini menemukan bahwa model GARCH sangat mencerminkan sifat empiris natural logaritma dari nilai tukar rupiah terhadap dolar Amerika Serikat pada tingkat signifikansi 1%.
{"title":"Peramalan Nilai Tukar Rupiah Terhadap USD dengan Menggunakan Model GARCH","authors":"Nugroho Agung Wijoyo","doi":"10.31685/kek.v20i2.187","DOIUrl":"https://doi.org/10.31685/kek.v20i2.187","url":null,"abstract":"Makalah ini menggunakan teknik ekonometrik Generalized Auto Regressive Conditional Heteroskedasticity (GARCH) untuk meramalkan perubahan nilai tukar yang berfrekuensi tinggi di Indonesia. GARCH, suatu model non-linear, umumnya digunakan untuk data keuangan berfrekuensi tinggi, seperti nilai tukar harian Rupiah terhadap Dolar Amerika Serikat. Penelitian ini menilai perilaku dari nilai tukar Rupiah terhadap dolar Amerika Serikat dengan membuat model dari perubahan nilai tukar harian dalam bentuk logaritma untuk periode 3 Januari 2000 sampai 16 Desember 2015. Periode ini meliputi era volatilitas tinggi dan turbulensi keuangan, seperti yang terjadi pada semester kedua tahun 2015 ketika nilai tukar Rupiah terhadap dolar Amerika Serikat turun menjadi Rp.14.500. Menggunakan model GARCH dalam menetapkan heteroskedastisitas, studi ini menemukan bahwa model GARCH sangat mencerminkan sifat empiris natural logaritma dari nilai tukar rupiah terhadap dolar Amerika Serikat pada tingkat signifikansi 1%.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"270 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116399303","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}
Penelitian ini bertujuan untuk menganalisis dampak dari peran alokatif pemerintah melalui pengadaan barang dan jasa terhadap perekonomian Indonesia yang diwakili oleh pertumbuhan ekonomi (PDB) dan hubungan timbal balik di antara keduanya. Dengan menggunakan pendekatan analisis model Vector Autoregression (VAR) melalui pengujian Impulse Response Function (IRF) dan Variance Decomposition (VD), secara empiris penelitian ini menemukan bahwa: (i) shock atau perubahan nilai realisasi pengadaan barang/jasa pemerintah berdampak positif terhadap perekonomian Indonesia. Respon positif perekonomian ini berlangsung cepat dan terus berlangsung dalam jangka panjang secara permanen, di mana 91,12 % variasi pembentukan indikator perekonomian Indonesia (pada akhir periode penelitian), berasal dari sektor pengadaan barang/jasa pemerintah; (ii) sebaliknya, perekonomian Indonesia juga memberikan dampak positif terhadap pengadaan barang/jasa pemerintah. Namun, dampak positif ini hanya berlangsung sementara. Shock atau perubahan yang terjadi pada perkenomian dalam jangka waktu lebih lama akan memberikan dampak negatif terhadap pengadaan barang/jasa pemerintah. Respon negatif ini terus berlangsung dengan tren yang terus meningkat dalam jangka panjang.
{"title":"Peran Alokatif Pemerintah melalui Pengadaan Barang/Jasa dan Pengaruhnya Terhadap Perekonomian Indonesia","authors":"Azwar Azwar","doi":"10.31685/KEK.V20I2.186","DOIUrl":"https://doi.org/10.31685/KEK.V20I2.186","url":null,"abstract":"Penelitian ini bertujuan untuk menganalisis dampak dari peran alokatif pemerintah melalui pengadaan barang dan jasa terhadap perekonomian Indonesia yang diwakili oleh pertumbuhan ekonomi (PDB) dan hubungan timbal balik di antara keduanya. Dengan menggunakan pendekatan analisis model Vector Autoregression (VAR) melalui pengujian Impulse Response Function (IRF) dan Variance Decomposition (VD), secara empiris penelitian ini menemukan bahwa: (i) shock atau perubahan nilai realisasi pengadaan barang/jasa pemerintah berdampak positif terhadap perekonomian Indonesia. Respon positif perekonomian ini berlangsung cepat dan terus berlangsung dalam jangka panjang secara permanen, di mana 91,12 % variasi pembentukan indikator perekonomian Indonesia (pada akhir periode penelitian), berasal dari sektor pengadaan barang/jasa pemerintah; (ii) sebaliknya, perekonomian Indonesia juga memberikan dampak positif terhadap pengadaan barang/jasa pemerintah. Namun, dampak positif ini hanya berlangsung sementara. Shock atau perubahan yang terjadi pada perkenomian dalam jangka waktu lebih lama akan memberikan dampak negatif terhadap pengadaan barang/jasa pemerintah. Respon negatif ini terus berlangsung dengan tren yang terus meningkat dalam jangka panjang.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133853697","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}
This paper conducts an empirical and comparative analysis in political economy of growth acceleration determinants in Korea and Indonesia. It aims to reveal plausible explanations on Korean development success compared to Indonesia. This research provides an in-depth study parallel to a case study by using comparable variables. It examines five determinants namely initial conditions, quality of institutions, public policy innovations, socio-political circumstances, and access to external resources. The evidence exhibits Korea has better conditions in all determinants. Lesson learned from its development experiences could improve the effectiveness of the Korea official development aid.
{"title":"Political Economic Determinants of Growth Acceleration: A Korea-Indonesia Comparative Study","authors":"I. W. Wardhana","doi":"10.31685/KEK.V20I1.182","DOIUrl":"https://doi.org/10.31685/KEK.V20I1.182","url":null,"abstract":"This paper conducts an empirical and comparative analysis in political economy of growth acceleration determinants in Korea and Indonesia. It aims to reveal plausible explanations on Korean development success compared to Indonesia. This research provides an in-depth study parallel to a case study by using comparable variables. It examines five determinants namely initial conditions, quality of institutions, public policy innovations, socio-political circumstances, and access to external resources. The evidence exhibits Korea has better conditions in all determinants. Lesson learned from its development experiences could improve the effectiveness of the Korea official development aid.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"154 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132865537","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}
Pariwisata merupakan salah satu sektor yang penting bagi perekonomian Indonesia. Sumbangan langsung sektor pariwisata terhadap PDB mencapai lebih dari 3,8% pada 2012 atau mencapai hingga 9% dari PDB jika mempertimbangkan multiplier effect dari PDB. Walaupun pertumbuhan sektor pariwisata Indonesia tinggi, jika dibandingkan dengan negaranegara kompetitor lainnya di kawasan ASEAN maka Indonesia masih jauh tertinggal. Mengingat potensi sektor pariwisata Indonesia di masa depan, maka diperlukan berbagai strategi untuk menarik lebih banyak wisatawan mancanegara dan mengembangkan pariwisata Indonesia. Penelitian ini menganalisis berbagai strategi yang dilakukan oleh pemerintah dalam menarik lebih banyak wisatawan mancanegara ke Indonesia. Metodologi yang digunakan adalah analisis deskriptif dan analisis SWOT untuk menyiapkan strategi yang tepat bagi pengembangan sektor pariwisata di Indonesia. Penelitian ini merekomendasikan berbagai strategi yang harus diambil dan diperbaiki Pemerintah untuk meningkatkan kunjungan wisatawan mancanegara ke Indonesia.
{"title":"Strategi Pemerintah Indonesia Dalam Menarik Kunjungan Turis Mancanegara","authors":"Mahpud Sujai","doi":"10.31685/kek.v20i1.181","DOIUrl":"https://doi.org/10.31685/kek.v20i1.181","url":null,"abstract":"Pariwisata merupakan salah satu sektor yang penting bagi perekonomian Indonesia. Sumbangan langsung sektor pariwisata terhadap PDB mencapai lebih dari 3,8% pada 2012 atau mencapai hingga 9% dari PDB jika mempertimbangkan multiplier effect dari PDB. Walaupun pertumbuhan sektor pariwisata Indonesia tinggi, jika dibandingkan dengan negaranegara kompetitor lainnya di kawasan ASEAN maka Indonesia masih jauh tertinggal. Mengingat potensi sektor pariwisata Indonesia di masa depan, maka diperlukan berbagai strategi untuk menarik lebih banyak wisatawan mancanegara dan mengembangkan pariwisata Indonesia. Penelitian ini menganalisis berbagai strategi yang dilakukan oleh pemerintah dalam menarik lebih banyak wisatawan mancanegara ke Indonesia. Metodologi yang digunakan adalah analisis deskriptif dan analisis SWOT untuk menyiapkan strategi yang tepat bagi pengembangan sektor pariwisata di Indonesia. Penelitian ini merekomendasikan berbagai strategi yang harus diambil dan diperbaiki Pemerintah untuk meningkatkan kunjungan wisatawan mancanegara ke Indonesia.","PeriodicalId":426920,"journal":{"name":"Kajian Ekonomi dan Keuangan","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123426271","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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