Proceedings of the 3rd International Conference of Islamic Finance and Business, ICIFEB 2022, 19-20 July 2022, Jakarta, Indonesia

Research Article

Economic Development and Equity Policy in Islamic Economic Perspective

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  • @INPROCEEDINGS{10.4108/eai.19-7-2022.2328259,
        author={Elyanti  Rosmanidar and Agustina  Mutia},
        title={Economic Development and Equity Policy in Islamic Economic Perspective},
        proceedings={Proceedings of the 3rd International Conference of Islamic Finance and Business, ICIFEB 2022, 19-20 July 2022, Jakarta, Indonesia},
        publisher={EAI},
        proceedings_a={ICIFEB},
        year={2023},
        month={4},
        keywords={economic development economic growth economic equity economic policy islamic economy},
        doi={10.4108/eai.19-7-2022.2328259}
    }
    
  • Elyanti Rosmanidar
    Agustina Mutia
    Year: 2023
    Economic Development and Equity Policy in Islamic Economic Perspective
    ICIFEB
    EAI
    DOI: 10.4108/eai.19-7-2022.2328259
Elyanti Rosmanidar1,*, Agustina Mutia1
  • 1: Universitas Islam Negeri Sulthan Thaha Saifuddin Jambi
*Contact email: elyantirosmanidar@uinjambi.ac.id

Abstract

Economic inequality is still a problem in Indonesia. Development is essentially a process leading to changes for the better and the realization of social welfare that is distributed fairly and equitably. Development is carried out to achieve three main objectives, namely achieving growth, equity, and sustainability. Although economic growth as one of the points of economic development has increased, we need to accelerate the reduction of inequality and break the chain of poverty, unemployment, inequality, and social inequality to achieve a more prosperous society. The risk of increasing inequality is slowing growth in Indonesia in the long term. Inequality not only reduces economic growth but also affects its sustainability. By using a content analysis approach, this paper aims to provide a comprehensive picture of current economic development and growth in Indonesia and the policies carried out by the government in ensuring the sustainability of economic development and ensuring economic equity in Indonesia. For further comparison with the Islamic way of looking at the development and economic equity of society as well as the policies that need to be taken in increasing development and economic equity according to the perspective of Islamic Economics.