scholarly journals Kebijakan Fiskal dalam Trend Pembangunan Ekonomi Jangka Panjang Indonesia

Author(s):  
I K. G. Bendesa ◽  
Ni Putu Wiwin Setyari

The role of taxes in financing Indonesia's economic development is very dominant and increasingly important. Even in its history, the role of taxes when a government was built has been carried out in various forms, such as levies in the agriculture, trade and others. Although the role of tax is important, the level of tax revenue in Indonesia is still relatively low. The focus of the government on infrastructure development is very reasonable because Indonesian infrastructure is still lacking despite the poor quality. With the improvement and development of infrastructure, economic growth is expected to increase. This research will analyze the role of tax in Indonesia's development, especially for two decades. The role of taxes can be seen in different periods, namely before the crisis and after the crisis of 1998. The role of taxes in fiscal policy is related to other macro variables, such as interest rates, exchange rates, foreign trade, and government budgets. Linking the role of tax to this variable results in recommendations for Indonesia's development, specifically the role of tax in two different periods.

2017 ◽  
Vol 2 (1) ◽  
pp. 96-109
Author(s):  
Subhomoy Bhattacharjee ◽  
Dakshita Das

There is not much new in the divide in economic literature between fiscal and monetary policy; what is new post-2008 is the emergence of the role of money supply and that of public debt to prominence as the instrument of choice for central banks and the government treasury. To a large degree, money supply and public debt now eclipsed the central role variables such as tax and interest rates had played in the setting of economic policies in countries both developed and developing. While literature is evaluating how the change in the role of these stock parameters to that of policy variables will play out, this article takes up the more mundane task of examining only one of them, which is public debt in the context of India. We believe that there is a key reason to do so. The Indian government has not used public debt as an active policy tool, so far, even as several countries have begun to do so ( Mohanty, 2012 ). Instead, it has held on to a general desideratum of the need to reduce it; borne out of the scare of the balance of payments crisis of 1991. But 25 years after the crisis, it is important to examine if there is a conscious understanding within the government for the need to measure and deploy public debt especially as the room for active deployment of other fiscal tools, namely taxation is circumscribed. By FY14 India’s public debt (centre and states combined), as percentage of GDP, stood at 66.7 per cent; it was 70.6 per cent in FY09. For the sake of comparison, the world’s most indebted countries include Greece, of course, with its general government net debt at 173 per cent of its GDP. Others in the top 20 include Italy, Egypt, Portugal, Spain, France, the United Kingdom, Japan and the United States of America. By current estimates, India does not rank amongst the most indebted countries of the world. But is the position, one of strength or of a passive arrival that offers little or no policy direction to the government? Moreover, this article also argues that in the absence of such direction, there has been a build-up of debt in the economy instead of a reduction. Most of that build-up has been sought to be balanced by recourse to non-tax revenue. As fresh options to tap non-tax revenue dry up, public debt could emerge as the new pressure point for the economy.


2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Moh Agus Nugroho ◽  
Rika Febby Rhamadhani ◽  
Fathul Khair

Covid-19 entered Indonesia around March 2020, having an impact on economic growth. Indonesia during 2020 minus 2.07 percent of its economy. This economic decline was caused by Covid-19 which had an impact on the economic activities of residents. Throughout 2020 the government issued 4 series of Sukuk, retail Sukuk SR0012 and SR013, savings Sukuk series ST007 and finally retail Sukuk waqf SWR001. The purchase realization of SR012 was IDR 12,142 trillion, and SR013 was IDR 25,667 trillion. Then ST007, the funds that were collected were Rp. 5.18 trillion and the retail Sukuk waqf series SWR001 as much as Rp. 14.91 billion. Despite the minus economy, the Sukuk is still in demand by the Indonesian people. For own contribution, retail Sukuk funds are used for infrastructure development such as bridges, Hajj boarding buildings, construction of railroads, and others. Meanwhile, savings Sukuk are allocated for economic recovery and eligible green projects. Finally, retail waqf Sukuk is used for financing social activities and empowering people, such as the construction of an eye hospital for the poor and others.


2019 ◽  
Vol 1 (2) ◽  
pp. 15-24
Author(s):  
Reschiwati Reschiwati ◽  
Fran Sayekti ◽  
Faisal Arief

MSMEs contribute more than 60% of economic growth. 99% of business operators in Indonesia are MSMEs. However, the contribution of MSMEs in tax revenue is still low. The government has sought to improve tax compliance for the MSME sector by existence an Account Representative position (AR) and an online reporting system, namely E Filling. This study aims to determine whether the role of Account representative (AR) and the use of E Filling can affect the compliance of MSMEs in reporting tax. The data used are MSMEs in the area of the Primary Tax Office in Duren Sawit. The number of questionnaires distributed were 120 and could be processed was 95 questionnaires. The analytical tool used is the Structure Equation Model (SEM). The results conclude that the value of the role of AR and the use of E Filling affect the compliance of MSMEs in reporting taxes partially and simultaneously


Comunicar ◽  
2005 ◽  
Vol 13 (25) ◽  
Author(s):  
Maite Ribés-Alegría

Today, the process by which professionals select and consider the quality of programmes is very easy: they estimate the size of the audience and if a programme has a high audience, it means that it is good. This is a simple rule that makes that all the televisions offer low-quality contents. Many authors prove this fact in their studies and they complain about the poor quality of programmes that are broadcast in all channels. Moreover, they ask for the creation of an institution that regulates this situation because they consider that the action of the government and its regulations are not enough to guarantee the quality of television. Because of these reasons, this study expects to reflect the need to create an independent institution that regulates the operation of television to ensure and guarantee its quality and to keep it working as a public service. We would also like to show that a good solution is the creation of audiovisual councils. To prove it, this paper will first focus on the Catalonia Broadcasting Council and its functions and will then deal with the need of a state audiovisual council. La hipótesis que señaló Postman en 1985 en la que afirmaba que «la televisión reduce cualquier tipo de contenidos a un común denominador: la cultura del entretenimiento» parece haberse confirmado. Así, aquella televisión que nació como servicio público, es decir, que defendía la producción y emisión de una programación, integrada por programas diversificados en todo tipo de géneros, con el fin de atender las necesidades democráticas, sociales y culturales del conjunto de los ciudadanos, parece haber olvidado sus funciones reduciéndolas a la espectacularización y, por tanto, al entretenimiento. La televisión ha sufrido cambios importantes en su parrilla de programación. Así, se ha diluido la frontera entre el género informativo y el espectáculo, surgiendo nuevos géneros cuya clasificación se sitúa entre la información, el entretenimiento y el espectáculo, a los que Prado et al. (1999) han pasado a designar como subgéneros del Info-Show. Hoy en día subgéneros del info-show, tales como el periodismo satírico, el reality game, el periodismo de entretenimiento, etc. que se traducen en programas como «Gran Hermano», «La Casa de tu vida», «Crónicas Marcianas», «Homo Zapping», etc., son verdaderos fenómenos televisivos. ¿Representan este tipo de programas a todos los géneros? ¿Fomentan la cohesión social? ¿Responden a una televisión de calidad? A través de la presente comunicación se pretende constatar la inoperatividad del Estado ante esta cuestión y la necesidad de la creación de organismos independientes que promuevan, de forma no coercitiva, la autorregulación de los contenidos audiovisuales. Pensamos que este trabajo sólo puede ser desempeñado por los Consejos Audiovisuales, ya que únicamente una entidad independiente y plural puede adoptar decisiones socialmente legitimadas en materia de contenidos. Esta es una realidad que ya se empieza a dar en algunas Comunidades Autónomas (como Cataluña, Navarra o Madrid), pero que tiene pendiente su desarrollo en el ámbito estatal y en algunas zonas del territorio español como en la Comunidad Valenciana. Por todo ello, consideramos oportuno observar su trayectoria y descubrir sus principales funciones, en especial en el caso de Cataluña, donde opera el «Consell de l’Audiovisual de Catalunya (CAC)» desde el año 2000, examinando su grado de eficiencia en estos últimos años y su incidencia en la mejora de la calidad de la oferta televisiva.


2020 ◽  
Vol 30 (1) ◽  
pp. 39
Author(s):  
Karari Budi Prasasti ◽  
Edy Juwono Slamet

Introduction: Monetary policy is one of the main instruments of macroeconomic policy. The government with monetary policy is able toinfluence the level of economic growth, employment, and the rate of inflation. The one of main monetary policy is controlling the money supply. Money supply has a widespread impact on other macro variables. This study analyzes the effect of the money supply to variable inflationand interest rates, as well as the effects of inflation and interest rates to investment and economic growth in Indonesia. Methods: This study used analysis of TSLS (Two Stages Least Square). The data used in Times Series. Data for the period 1973 until 2012.Results: From the tests showed that there was a significant effect ofmoney supply to inflation and interest rates. Inflation and interest rateshas no effect on investment in Indonesia partially. While there was thesimultaneous effect of inflation and interest rates to Investment inIndonesia. The research showed that significantly the investmentinfluence economic growth in Indonesia.Conclusion and suggestion: Research indicates that the variable in the money supply directly or indirectly have an impact on economic growthin a country, thus appropriate monetary policy should be given such a broad impact in an economy.


Author(s):  
Reschiwati Reschiwati ◽  
Fran Sayekti ◽  
Faisal Arief

MSMEs contribute more than 60% of economic growth. 99% of business operators in Indonesia are MSMEs. However, the contribution of MSMEs in tax revenue is still low. The government has sought to improve tax compliance for the MSME sector by the existence of an Account Representative position (AR) and an online reporting system, namely E Filling. This study aims to determine whether the role of Account representative (AR) and the use of E Filling can affect the compliance of MSMEs in reporting tax. The data used are MSMEs in the area of the Primary Tax Office in Duren Sawit. The number of questionnaires distributed was 120 and could be processed was 95 questionnaires. The analytical tool used is the Structure Equation Model (SEM). The results conclude that the value of the role of AR and the use of E-Filling affect the compliance of MSMEs in reporting taxes partially and simultaneously.


2015 ◽  
pp. 42-59
Author(s):  
Saba Ismail ◽  
Shahid Ahmed

The research objective of this paper is to explore the empirical linkages between economic growth and foreign direct investment (FDI), gross fixed capital formation (GFCF) and trade openness in India (TOP) over the period 1980 to 2013. The study reveals a positive relationship between economic growth and FDI, GFCF and TOP. This study establishes a strong unidirectional causal flow from changes in FDI, trade openness and capital formation to the economic growth rates of India. The impulse response function traces the positive influence of these macro variables on the GDP growth rates of India. The study also reveals that the volatility of GDP growth rates in India is mainly attributed to the variation in the level of GFCF and FDI. The study concludes that the FDI inflows and the size of capital formation are the main determinants of economic growth. In view of this, it is expected that the government of India should provide more policy focus on promoting FDI inflows and domestic capital formations to increase its economic growth in the long-term.


Wahana ◽  
2019 ◽  
Vol 22 (1) ◽  
pp. 15-27
Author(s):  
Suripto Suripto ◽  
Eva Dwi Lestari

Economic growth is one indicator to measure  the success of economic development in a country. Economic development is closely related to infrastructure. Infrastructure development will have an impact on economic growth both directly and indirectly. Therefore, the role of the government in determining infrastructure development policies is very important to increase economic growth in Indonesia. The purpose of this study is to determine the effect of infrastructure on economic growth in Indonesia including road infrastructure, electricity infrastructure, investment, water infrastructure, education infrastructure and health infrastructure in Indonesia in 2015-2017.The analytical tool used in this study is panel data regression with the approach of Fixed Effect Model. The spatial coverage of this study is all provinces in Indonesia, namely 34 provinces, with a series of data from 2015 to 2017 with a total of 102 observations. The data used is secondary data obtained from BPS Indonesia.The results of the study show that (1) the road infrastructure variables have a negative and not significant effect on GDRP. (2) electrical infrastructure variables have a negative and not significant effect on GDRP. (3) investment variables have a positive and significant effect on GDRP. (4) water infrastructure variables have a positive and not significant effect on GDRP. (5) educational infrastructure variables have a positive and not significant effect on GDRP. (6) health infrastructure variables have a positive and significant effect on GDRP. Keywords: development, infrastructure, investment, GDRP, panel data


Significance The RBA has cut its growth forecasts amid rising job losses, weakening demand and increasing signs that the latest COVID-19 lockdowns will continue to slow the economy until the pace of the vaccine roll-out programme can be increased. Impacts Although the RBA is independent, the government will hope it keeps rates low ahead of the elections due next year. Commercial lenders could raise interest rates independently of the RBA if inflation remains high. Wage pressures will re-emerge as labour markets tighten but may be mitigated by the extent of underemployment. Economic growth will be uneven across the country in coming months as pandemic-related restrictions vary by location.


2017 ◽  
Vol 20 (2) ◽  
pp. 35-52 ◽  
Author(s):  
Sumanjeet Singh ◽  
Minakshi Paliwal

The MSME sector occupies a position of strategic significance in the Indian economic structure. This sector contributes nearly eight per cent to country’s GDP, employing over 80 million people in nearly 36 million widely-dispersed enterprises across the country; accounting for 45 per cent of manufactured output, 40 per cent of the country’s total export, and producing more than 8000 valueadded products ranging from traditional to high-tech. Furthermore, these enterprises are the nurseries for innovation and entrepreneurship, which will be key to the future growth of India. It is also an acknowledged fact that this sector can help realise the target of the proposed National Manufacturing Policy to enhance the share of manufacturing in GDP to 25 per cent and to create 100 million jobs by the end of 2022, as well as to foster growth and take India from its present two trillion dollar economy to a 20 trillion dollar economy. Despite the sector’s high enthusiasm and inherent capabilities to grow, its growth story still faces a number of challenges. In this light, the present paper examines the role of Indian MSMEs in India’s economic growth and explores various problems faced by the sector. The paper also attempts to discuss various policy measures undertaken by the Government to strengthen Indian MSMEs. Finally, the paper proposes strategies aimed at strengthening the sector to enable it to unleash its growth potential and help make India a 20 trillion dollar economy.


Sign in / Sign up

Export Citation Format

Share Document