The Flip Side of Economic Growth – Predictions from Indonesia

Special attention in the future will emphasize patterns or studies thatare relevant and new in highlighting sustainable economic growth. Weseek to identify the role of factors outside of fiscal and monetary policyon economic growth in Indonesia, such as happiness, demographicpressures, labor force, and human development. For this purpose,the OLS method has presented time-series data (2015-2019).Prediction studies show that happiness, demographic pressures, andhuman development can increase economic growth in a significantdirection. Another finding is that the labor force cannot significantlycontrol economic growth, slowly decreasing growth with a negativeslope. Practical contributions to developing countries can accountfor endogenous (internal) growth over the long term. The qualityof human resources must prioritize productivity, income, and realwelfare. The government needs to plan a policy framework orientedto the fiscal and monetary side.How to Cite:Irwansyah, I., Paminto, A., Ilmi, Z., Darma, D. C., & Ulfah, Y. (2022). The Flip Side of Economic Growth – Predictions from Indonesia. Signifikan: Jurnal Ilmu Ekonomi, 11(1), 107-124. https://doi.org/10.15408/sjie.v11i1.20280.