scholarly journals Kartu Prakerja (Pre-Employment Card) Policy and Its Impact on Economy and Community Income

2021 ◽  
pp. 342-360
Author(s):  
Suryadi ◽  
Emi Syarif ◽  
Yuniarti Tri Suwadji ◽  
Ardhian Kurniawati ◽  
Hennigusnia ◽  
...  
Keyword(s):  
Economic Growth ◽  
Policy Making ◽  
Budget Allocation ◽  
Government Budget ◽  
Policy Study ◽  
The Impact

This Kartu Prakerja (Pre-Employment Card) Policy Study aims to analyze the impact of the government's 2021 budget allocation of IDR 30 Trillion (US$ 2.065 billion) on the Indonesian economy and the increasing of community income, as well as the benefits and drawbacks of implementing the pre-employment card program. The novelty of this study is regarding to its study ability to find solutions for quantitative government budget allocation policies in the context of policy making. The results show that the government's budget allocation for the Pre-Employment Card Program is able to increase Indonesia's Economic Growth by 0.23 percent and community income by 0.53 percent.

Fiscal Deficit and Economic Growth in Bangladesh

2016 ◽  
Vol 62 (1) ◽  
pp. 31-42 ◽  
Author(s):  
Ebney Ayaj Rana ◽  
Abu N. M. Wahid
Keyword(s):  
Economic Growth ◽  
Budget Deficit ◽  
Negative Impact ◽  
Political Stability ◽  
Ordinary Least Squares ◽  
Policy Implications ◽  
Government Budget ◽  
The Government ◽  
The Impact ◽  
Government Budget Deficit

The economy of Bangladesh is currently going through a period of continuous budget deficit. The present data suggest that the government budget deficit, on average, is nearly 5% of the country’s GDP. This has been true since the early 2000s. To finance this deficit, governments have been borrowing largely from domestic and foreign sources resulting in inflationary pressure on one hand, and crowding out of private investments on the other. During the same period, although the economy has grown steadily at a rate of more than 6%, this growth is less than the potential. This article presents an econometric study of the impact of government budget deficits on the economic growth of Bangladesh. We conduct a time-series analysis using ordinary least squares estimation, vector error correction model, and granger causality test. The findings suggest that the government budget deficit has statistically significant negative impact on economic growth in Bangladesh. Policy implications of our findings include reestablishing the rule of law, political stability in the country, restructuring tax structure, closing tax loopholes, and harmonizing fiscal policy with monetary policy to attract additional domestic and foreign investment.

Poverty under Planning

2021 ◽  
pp. 254-295
Author(s):  
K. L. Datta
Keyword(s):  
Economic Growth ◽  
Policy Making ◽  
Poverty Reduction ◽  
State Level ◽  
The State ◽  
High Rate ◽  
Methodological Issues ◽  
Poor Households ◽  
The Impact ◽  
Over Time

Describing the manner in which poverty is incorporated as a parameter in planning, this chapter delineates the use of poverty estimates in policy-making, and in tracking progress of development over time and space. It dwells on the methodological issues related to measurement of poverty, and identification of poor households, comprehensively summarizing the debates surrounding it. Viewing the pace of poverty reduction as the ultimate test of planning, it quantifies the level and change in poverty since the 1970s. It analyses the state of poverty at national and state level, and assesses the impact of economic growth and income redistributive measures on poverty reduction. It brings out that the phenomenal decline in poverty in the reforms-era took place exclusively due to increase in income, eventuated by high rate of economic growth. Finally, it states that despite the decline, poverty remains a major concern.

scholarly journals THE SAVINGS-TRADE-FISCAL GAP MODEL: APPLICATION IN SELECTED WEST AFRICAN STATES

2017 ◽  
Author(s):  
Efayena Oba Obukohwo ◽  
Buzugbe Patricia Ngozi
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Policy Making ◽  
Government Expenditure ◽  
Negative Relationship ◽  
Estimation Method ◽  
West African ◽  
Gap Model ◽  
African Countries ◽  
The Impact

With most African economies experiencing adverse economic misalignment in recent times, the need of enhancing the growth process cannot be overemphasized. Using a typical Savings-Trade-Fiscal Gap Model, the paper employed panel data estimation method to examine the impact of savings, trade and fiscal gap on economic growth of 15 West African countries. The paper finds a negative relationship between net trade and economic growth, while savings and government expenditure impacts positively on economic performance. The paper thus, among recommended that it is appropriate for all countries to eliminate fiscal dominance from monetary policy-making, reduce public debt and establish institutions that promote and encourage counter-cyclical fiscal policy, develop their financial systems, establish credibility in fiscal and monetary policy-making as well as encourage trade.

scholarly journals Globalization and its Socio-Economic Impact on Pakistan

2018 ◽  
Vol I (I) ◽  
pp. 13-23
Author(s):  
Faria Zeeshan ◽  
Muhammad Ali Baig
Keyword(s):  
Economic Growth ◽  
Policy Making ◽  
Focal Point ◽  
Moral Norms ◽  
Major Focus ◽  
Positive Effects ◽  
Norms And Values ◽  
Effective Policy ◽  
Socio Economic Impact ◽  
The Impact

The study involves a brief yet insightful discussion on the concept of globalization, covering different aspects of globalization. The focal point is to consider that globalization is not a new phenomenon. It further explains that globalization has taken new dimensions along with the impact that it has on the economy and society of Pakistan. The impact of globalization on every economy differs depending on its social, political and economic dimensions. The paper emphasizes on the fact that although Pakistan achieved certain gains from globalization, but the adverse effects outweighs the positive effects in certain areas. It clearly mentions how globalization has resulted in a degradation of moral norms and values of Pakistani society and how has globalization affected economic growth in Pakistan with a major focus has on trade. It concludes with how these challenges can be overcome by holding governments in charge of effective policy making.

scholarly journals Pengaruh Konsentrasi Partai Politik di Daerah terhadap Pertumbuhan Ekonomi Daerah

2013 ◽  
Vol 13 (2) ◽  
pp. 109-124
Author(s):  
Catur Sugiyanto ◽  
Budiono Sri Handoko ◽  
Ilham Adinusa
Keyword(s):  
Economic Growth ◽  
Local Government ◽  
Political Parties ◽  
Political Power ◽  
Fiscal Decentralization ◽  
Budget Allocation ◽  
Government Budget ◽  
The Public ◽  
Direct Election ◽  
Local Government Budget

In the Indonesia democracy, the multiparty system is used as one of the canal to aggregate the public aspirations. This mechanism is supported by Law No. 25/1999 about fiscal decentralization and a series of related regulations. It is also supported by direct election for regional head (Pilkada). As such, the winning political parties may influence the local government budget allocation which finally transform into the economic growth. This study estimates the influence of party politic concentration on the local economic growth. The data used is the local government election of 2004 and 2009 from 55 regions (cities). The concentration of political power in regional legislatives is measured by using Herfindahl Hirschman Index (HHI). The results of analysis confirm that the more concentrated political power in the regional legislative results lower economic growth.AbstrakDalam dinamika demokrasi Indonesia, mekanisme multipartai merupakan salah satu cara untuk mengatur aspirasi. Mekanisme ini didukung Undang-Undang No. 25 Tahun 1999 mengenai desentralisasi fiskal dan dinamika perubahannya. Pemilihan Kepala Daerah (Pilkada) langsung pun turut mendukung mekanisme demokrasi di daerah. Partai politik pemenang pilkada akan memengaruhi pola alokasi anggaran daerah yang akhirnya bisa berdampak pada efektivitas pengeluaran pemerintah. Studi ini mengestimasi seberapa besar pengaruh konsentrasi partai di daerah terhadap pertumbuhan ekonomi di daerah. Analisis menggunakan data 55 kabupaten/kota tahun 2004 dan 2009. Konsentrasi partai politik di dalam parlemen di daerah diukur dari proporsi anggota dewan dari masing-masing partai politik menggunakan Herfindahl Hirschman Index (HHI). Data tahun 2004 dan 2009 mengonfirmasi bahwa semakin terkonsentrasinya anggota dewan pada satu partai politik tertentu, maka semakin rendah pertumbuhan ekonomi daerah tersebut.

scholarly journals IPTEKS PENYUSUNAN APBD PROVINSI SULAWESI UTARA

2018 ◽  
Vol 2 (02) ◽  
Author(s):  
Nofriyanto Triyono ◽  
Anneke Wangkar
Keyword(s):  
Economic Growth ◽  
Financial Management ◽  
Budget Allocation ◽  
Provincial Government ◽  
Government Budget ◽  
Financing Policy ◽  
North Sulawesi ◽  
The Government ◽  
One Year

The budget is prepared based on programs and activities that have been planned for a period of one year. For this reason, the Government through the Regional Head made a KUA draft which contained: (1) Revenue Policy, (2) Shopping Policy, (3) Financing Policy. In determining the KUA-PPAS budget allocation, regional financial management uses the money follow program priority approach, which is only to make priority programs that want to be done so that the budget can run efficiently. The general policy of the 2018 North Sulawesi provincial government budget is prepared by taking into account the regional macroeconomic aspects. The government continues to boost economic growth through regional taxes and levies to build a better North Sulawesi.Keywords: revenue, expenditure, financing policy

scholarly journals Growth Strategy and War: Tax Dilemmas for Japan’s Finance Ministry in the 1930s

2015 ◽  
Vol 69 (2) ◽  
Author(s):  
Andrea Revelant
Keyword(s):  
Economic Growth ◽  
Policy Making ◽  
Structural Reform ◽  
Growth Strategy ◽  
Tax System ◽  
Fiscal Reform ◽  
Meiji Period ◽  
American Occupation ◽  
The Impact

AbstractThis paper addresses the question of continuity in the long-term development of the Japanese tax system, focussing on fiscal reform in the 1930s in order to assess the impact of war on policy making. Specifically, it tracks the response of bureaucrats in the Finance Ministry to the challenge of how to reconcile economic growth with tax increases and redistribution of the burden. The views of ministerial officials are investigated on the basis of classified documents issued by the Tax Bureau, which previous research has only partially examined. The analysis points out that, rather than looking at war as an opportunity to push through a structural reform, bureaucrats continued to follow policy guidelines that were rooted in the developmentalist strategy established in the Meiji period. This conclusion helps to explain the resurgence of some key prewar features of taxation in the contemporary system, despite wartime reorganisation and attempts at further reform during the American occupation.

Cross-National Studies of the Impact of Levels of Living on Economic Growth: An Example

1971 ◽  
Vol 1 (3) ◽  
pp. 225-232 ◽  
Author(s):  
W. Scott
Keyword(s):  
Economic Growth ◽  
Policy Making ◽  
The Other ◽  
Social Characteristics ◽  
Level Of Education ◽  
Education And Health ◽  
The Social ◽  
The One ◽  
The Impact ◽  
Cross National

The paper describes a study carried out at the United Nations Research Institute for Social Development to discover a few of the conditions that in six developing countries affected the linkage between certain social levels or “inputs,” such as the level of education and health and educational and health services, on the one hand, and economic growth, on the other. The conditions that were found to be important, to various degrees, and that should be considered in subsequent analysis (and policy making) of the relationships of levels of living to economic growth include the structure of production, selected aspects of the social structure, and the nature and distribution of the social characteristics themselves.

scholarly journals PENGARUH BELANJA PEMERINTAH PUSAT UNTUK FUNGSI LINGKUNGAN HIDUP TERHADAP PERTUMBUHAN EKONOMI INDONESIA

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Wawan Hermawan
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Government Spending ◽  
Budget Allocation ◽  
Growth Accounting ◽  
Accounting Model ◽  
The Government ◽  
The Impact ◽  
Environmental Functions

Economic development is measured by economic growth. Improving the economy can improve the quality of life in society, so a lot of effort from the government to stimulate the economy to grow better. The positive growth of economy has an impact on the environmental quality of life such as degradation of quality of air, water and land. The government allocates some funds to maintain the quality of the environment by the central budget allocation for environmental functions. The purpose of this study is to measure the impact of the budget allocation for the function of the environment to economic growth. The model used to achieve the purpose of the study is the regression of total government spending to economic growth. To bridge from the expenditure function of the environment against government spending and economic growth model is used Growth Accounting Model. Results of regression calculations and simulations using Growth Accounting, shows expenditures for environmental function has the effect to increase the economic growth of 0.01% if no additional growth in the rest of expenditures for environmental functions by 10% ceteris paribus.

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