Research Article
Policy Trends for Maintaining Macroeconomic Stability in Indonesia
@INPROCEEDINGS{10.4108/eai.19-9-2023.2340426, author={Tiur Malasari Siregar and Sirojuzilam Sirojuzilam and Dede Ruslan and Raina Linda Sari}, title={Policy Trends for Maintaining Macroeconomic Stability in Indonesia}, proceedings={Proceedings of the 8th Annual International Seminar on Transformative Education and Educational Leadership, AISTEEL 2023, 19 September 2023, Medan, North Sumatera Province, Indonesia}, publisher={EAI}, proceedings_a={AISTEEL}, year={2023}, month={12}, keywords={policy stability macroeconomics growth economy}, doi={10.4108/eai.19-9-2023.2340426} }- Tiur Malasari Siregar
Sirojuzilam Sirojuzilam
Dede Ruslan
Raina Linda Sari
Year: 2023
Policy Trends for Maintaining Macroeconomic Stability in Indonesia
AISTEEL
EAI
DOI: 10.4108/eai.19-9-2023.2340426
Abstract
Economic policy is a series of actions and steps the government takes to regulate and direct economic activity in a country. In the last few decades, economic policy trends have significantly changed in response to changes in the economic environment and global challenges. The policy trend to maintain macroeconomic stability in Indonesia is a significant concern for the government and policymakers in this country. This study aims to explain the policy trend of maintaining macroeconomic stability in Indonesia by looking at the direction and economic issues of the government's focus. This study uses a qualitative descriptive approach using deductive reasoning. Data were obtained through literature review and content analysis originating from government publications/reports, government websites, official portals of international organizations, scientific journals, and mass media articles relevant to the topic of study. The research results were obtained from 2000 to 2021. During this period, macroeconomic policy trends in Indonesia reflect the government's efforts to maintain economic stability, increase competitiveness, and face global economic challenges. Macroeconomic stability policy is essential in maintaining stability, while fiscal and monetary policies have different impacts on controlling inflation. Variables such as interest rates, investment, exports, GDP, and inflation maintain Indonesia's economic stability.
