scholarly journals Finding the Strategy After Corona Crisis: The New Normal and Resilient Economy Growth in Indonesia

2020 ◽  
Vol 3 (1) ◽  
pp. 64-79
Author(s):  
Dicky Ramadhan Hidayatullah ◽  
Arif Darmawan ◽  
Shamsad Kallidumban
Keyword(s):  
Economic Growth ◽  
Social Impact ◽  
Health Sector ◽  
Safety Net ◽  
Negative Effects ◽  
Social Safety Net ◽  
Indonesian Government ◽  
National Economic ◽  
Global Economic Growth ◽  
Recovery Program

The research method used to analyze the situation and conditions in making this paper is a qualitative method. As an analysis procedure, qualitative methods can produce descriptive data in the form of written or spoken words from people or observable behavior. This pandemic comes with all its negative effects. Inequality, poverty, and education are the most affected lines in this pandemic because they reduce the income of vulnerable and poor groups. Many parties assess the world economy is far worse than before the corona. Weakening global economic growth caused many impacts on the pace of economy in Indonesia, both in terms of trade, investment and tourism. Thus, changing the projected economic growth becomes even slower due to the spread of Covid-19 throughout the country. Although we know that the Indonesian government has issued a policy of hundreds of trillions of rupiah to save our economy, social impact, poverty, and Equality. The Indonesian government has currently budgeted funds of Rp405.1 Trillion for handling Covid-19. The budget allocation will be divided for several sectors, such as the health sector in the amount of Rp75 Trillion, Social Safety Net of Rp110 trillion, tax incentives and stimulus for People's Business Credit (KUR) of Rp70.1 trillion, and funding for the national economic recovery program of Rp150 Trillion, including credit restructuring and guarantees

scholarly journals NEW CHAPTER OF DIPLOMATIC RELATION BETWEEN INDONESIA-AMERICA UNDER NEW CONTRACT OF FREEPORT-MCMORAN

NATAPRAJA ◽  
2018 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Muhammad Shobaruddin
Keyword(s):  
Economic Growth ◽  
National Security ◽  
Secondary Data ◽  
Qualitative Approach ◽  
Negative Effects ◽  
Democratic Development ◽  
Indonesian Government ◽  
Bilateral Relationship ◽  
The Us ◽  
Us Government

Freeport-McMoran has explored valuable natural resources in Indonesia by digging gold and copper in Papua since 1967. This essay analyzed the impacts of this new agreement toward the future of the US-Indonesia bilateral relationship as well as reveal Jokowi’s diplomatic approach to gain this agreement. The analysis in this article uses a qualitative approach based on secondary data. The data collected from the official reports of Freport-Mcmoran and other relevant sources. Indonesian government always try to lobby US government through soft diplomacy in order to maintain bilateral relationship. The renegotiation allows the contract extension of the company (until 2041) which will be expired in 2021. Indonesian government still need the US as bilateral partner since this super power country has already played significant roles by contributing economic growth, democratic development, and national security in Indonesia. Hence, Indonesia is carefully approaching the US government to avoid negative effects of Indonesia-Freeport’s renegotiation.

scholarly journals The Economics Perspective of The Practice of MMM-Indonesia

2017 ◽  
Vol 2 (01) ◽  
pp. 75 ◽  
Author(s):  
Daris Purba
Keyword(s):  
Economic Growth ◽  
Rapid Development ◽  
Descriptive Analysis ◽  
Preliminary Survey ◽  
Mutual Aid ◽  
Indonesian Government ◽  
Analysis Technique ◽  
National Economic ◽  
Pyramid Scheme ◽  
Ponzi Scheme

<p>The MMM presence in Indonesia is becoming very popular because it promises a fantastic profit. Although covered by mutual-aid mode, not a few who perceive it as an investment business. Having observed the rapid development of the MMM as a new investment scheme, the researcher is driven to conduct a study on the economics perspective on the MMM. The objective of this research is to describe the practice of MMM-Indonesia and to review it from economics perspective.</p><p><br />This study belongs to qualitative study with the descriptive-empirical approach. The informants were 4 MMM national top-leaders, a manager, a victim, and a new member. The methods of data collection used were preliminary survey, literature studies, interviews and observation. The data were analyzed using the descriptive analysis technique.</p><p><br />The result of the study shows that MMM-Indonesia practice pyramid scheme, Ponzi scheme, and money game in its system. The research concludes that Indonesian government is unaware of the existence of this scheme threat and does no action against it. The study also concludes that the practice of MMM-Indonesia is incompatible with economics theories.<br />The author suggests that the Indonesian government must ban the practice of the MMM as it is a threat to national economic growth and stability. The author suggests other researchers to do further research on the server, moderator, administrator, and company management of the MMM.</p><p><br />Keywords: Economics, MMM, Ponzi Scheme, Pyramid Scheme</p>

Tax Reform Discourse

2018 ◽  
Author(s):  
Anthony C. Infanti
Keyword(s):  
Economic Growth ◽  
Tax Reform ◽  
Safety Net ◽  
Public Expenditures ◽  
Social Safety Net ◽  
Private Benefit ◽  
The Public ◽  
Basic Purpose ◽  
The Common ◽  
Development Literature

32 Virginia Tax Review 205 (2012)Our tax system is supposed to serve the public good by fairly raising the revenue that we need to fund public expenditures -- for example, the common defense, social safety net programs such as Social Security and Medicare, etc. But the tax reform debate has shifted away from discussing how best to distribute the burden of these common expenditures and instead has come to focus on how tax reform can be used to spur economic growth. Especially in times of economic crisis, these two goals -- equitably funding public expenditures and spurring economic growth -- sound equally important and somehow compatible. After all, shouldn't a rising tide of economic growth lift all boats and make contributing to the common weal easier for everyone? The problem, however, lies in the studies and reports indicating that recent cycles of economic growth have not been akin to a rising tide lifting all boats. Rather, economic growth has redounded largely to the benefit of a very few at the very top of the income scale. Or to continue with the tidal metaphor, the rising tide has lifted the yachts of the wealthy and privileged while swamping the rest of us. In that light, using tax reform as a vehicle to spur economic growth looks less like an endeavor of public benefit for all and more like one of private benefit with the purpose of entrenching the privilege of a relative few. In this article, I call into question the idea that tax reform should be used to stimulate economic growth. Instead, drawing primarily upon the development literature and the work of the economist and philosopher Amartya Sen, I advocate a turn toward a people-centered approach to tax reform. I argue that tax reform debates should focus not on encouraging economic growth but, in keeping with the tax system's basic purpose, on advancing human development for all -- and particularly for the disadvantaged among us.

Repairing China's Social Safety Net

2005 ◽  
Vol 104 (683) ◽  
pp. 268-271
Author(s):  
Athar Hussain
Keyword(s):  
Economic Growth ◽  
Social Security ◽  
Safety Net ◽  
Harmonious Society ◽  
Social Security System ◽  
Security System ◽  
Social Safety Net

Recent years have seen a marked shift away from single-minded emphasis on economic growth toward the development of a ‘harmonious society.’ Progress in improving China's social security system probably will be much quicker over the next 20 years than in the previous 20, but reform will still be piecemeal.

scholarly journals CONTRADICTIONS ECONOMIC GROWTH& INVESTOR EXIT IN INDONESIA

AdBispreneur ◽  
2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Chandra Hendriyani
Keyword(s):  
Economic Growth ◽  
Invisible Hand ◽  
Foreign Companies ◽  
Relational Contract ◽  
The United Kingdom ◽  
National Economic ◽  
Economic Slowdown ◽  
The Government ◽  
Global Economic Growth ◽  
Trust Business

Slowing global economic growth and a decline in the level of trust business institutions in the Euro Area and the United Kingdom to Indonesia contributed to an economic slowdown in Indonesia. Although economic growth in Indonesia alone to increase, but it can not support the climate of the industry that is conducive and  increasing purchasing power, as is still needed "invisible hand" of the government to minimize the "Transaction Cost" and "Relational Contract" and wages rill employees decreased resulting in decreased demand society to product processing industry which led to the departure of some foreign companies in Indonesia. The government's economic policy issued gradually expected to accelerate Indonesia out of the "vicious circle" both economic slowdown and improve Indonesia's competitiveness, in order to spur national economic growth and a better investment. Government policy hope will support company to make their business sustainable

scholarly journals Covid 19, Quarantine Confronting Economic Growth, Social Challenges and Health Spending

2021 ◽  
pp. 263-266
Author(s):  
Sawssen NAFTI
Keyword(s):  
Economic Growth ◽  
Population Density ◽  
Theoretical Study ◽  
Public Spending ◽  
Health Sector ◽  
Health Spending ◽  
Pandemic Preparedness ◽  
Negative Effects ◽  
Social Challenges ◽  
The Impact

This paper is a theoretical study of the impact of quarantine, economic growth and health spending on the spread of the Corona virus. We found, the greater the population density in cities, the greater the spread of the virus. This confirms the importance of quarantine in combating the spread of the virus. And why does the number of injuries increase in major countries more than others. In this way, quarantine have a negative effects in economic growth and social Challenges. In other way, quarantine slows economic growth and have a bad effects on increasing problems in families and in suicide rates. We conclude also that gaps in pandemic preparedness already existed before COVID-19, demands the restructuring of public spending in the health sector.

Growing Russian Economy against Growing External Tension

2012 ◽  
pp. 4-32
Author(s):  
I. Borisova ◽  
B. Zamaraev ◽  
A. Kiyutsevskaya ◽  
A. Nazarova ◽  
E. Sukhanov
Keyword(s):  
Economic Growth ◽  
Stock Markets ◽  
Negative Effects ◽  
Russian Economy ◽  
Investment Demand ◽  
The World

Conditions and features of the Russian economy development in 2011 are considered in the article. Having caused unprecedented outflow of the capital abroad, rising tension and turbulence on the world financial and stock markets have not broken off recovery of the Russian economy. Crisis recession was overcome. Record-breaking low inflation, rapid credit restoration and active government adjustment neutralized negative effects of the external tension and supported economic growth, having encouraged consumer and investment demand.

Care Work on the Front Lines

2020 ◽  
Vol 119 (820) ◽  
pp. 326-328
Author(s):  
Mary F. E. Ebeling
Keyword(s):  
Nurse Practitioners ◽  
Outpatient Care ◽  
Care Facility ◽  
Safety Net ◽  
Ethnographic Study ◽  
Care Work ◽  
Medical Professionals ◽  
Essential Work ◽  
Social Safety Net ◽  
The Us

An ethnographic study of the work of nurse practitioners at an outpatient care facility shows how these medical professionals must endlessly multitask to fill gaps in the US social safety net. In the context of the COVID-19 pandemic, a new focus on the essential work of nurses and the lack of resources with which they often contend is especially timely.

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