The Impact of Indonesia’s Economic Growth on Olicy and Global Economic Influence
DOI:
https://doi.org/10.65254/ijese.v2i2.65Keywords:
Economic Growth, Indonesia Public Policy, Global Economic Influence, Trade, GlobalizationAbstract
Indonesia’s economic growth has played a significant role in shaping national policy frameworks and strengthening the country’s position within the global economic system. As the largest economy in Southeast Asia and an emerging middle-income country, Indonesia’s sustained economic expansion has influenced fiscal and monetary policy formulation, trade strategies, investment regulations, and international economic diplomacy. This literature review aims to examine existing academic studies, policy reports, and empirical research related to the impact of Indonesia’s economic growth on domestic policy development and its global economic influence. The review synthesizes findings from various sources to highlight the relationship between economic growth and government policy responses, including macroeconomic stability, foreign direct investment, globalization, and trade integration. Furthermore, the literature indicates that Indonesia’s economic growth has enhanced its participation in regional and global economic forums, increased its attractiveness to international investors, and strengthened its bargaining power in global economic governance. However, several challenges remain, such as income inequality, structural dependency, and vulnerability to global economic shocks. This study contributes to a comprehensive understanding of how economic growth not only drives domestic policy direction but also shapes Indonesia’s evolving role in the global economy.
Downloads
References
Aiyar, S., Ilyina, A., Chen, J., Kangur, A., Trevino, J., Ebeke, C., Gudmundsson, T., Soderberg, G., Schulze, T., Kunaratskul, T., Ruta, M., Garcia-Saltos, R., & Rodriguez, S. (2023). Geoeconomic Fragmentation and the Future of Multilateralism. In Staff Discussion Notes (Vol. 2023, Issue 001). https://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2023/01/11/Geo-Economic-Fragmentation-and-the-Future-of-Multilateralism-527266
Almadury, S. W., & Pratama, D. P. A. (2025). Strategi Optimalisasi Pelanggan Berbasis Ekonomi Perilaku dalam Meningkatkan Omzet Penjualan Kosmetik Salyta Store. Journal of Education and Research (JEDARR), 4(1), 27–43.
Arifin, S., Farida, N., Nasution, H., Alhadi, A., Nur Amanah, S., Manajemen, P., & Tinggi Ekonomi Pemuda, S. (2024). Pengembangan Daya Saing UMKM Di Era Industri 4.0 Berbasis Digitalisasi. Journal of Cross Knowledge, 2(1), 321–329. https://edujavare.com/index.php/IJCK%0Ahttps://creativecommons.org/licenses/by-sa/4.0/
Behera, M., Mishra, S., Mohapatra, N., & Behera, A. R. (2020). COVID-19 Pandemic and Micro, Small and Medium Enterprises (MSMEs): Policy Response for Revival. SEDME (Small Enterprises Development, Management & Extension Journal): A Worldwide Window on MSME Studies, 47(3), 213–228. https://doi.org/10.1177/09708464211037485
Campbell, L. M., Fairbanks, L., Murray, G., Stoll, J. S., D’Anna, L., & Bingham, J. (2021). From Blue Economy to Blue Communities: reorienting aquaculture expansion for community wellbeing. Marine Policy, 124(July), 104361. https://doi.org/10.1016/j.marpol.2020.104361
Cerdeiro, D., Eugster, J., Mano, R. C., Muir, D., & Peiris, S. J. (2021). Sizing Up the Effects of Technological Decoupling. IMF Working Papers, 2021(069), 1. https://doi.org/10.5089/9781513572673.001
Enke, C. (2022). The Elements of Measurement. ACS Measurement Science Au, 2(5), 405–413. https://doi.org/10.1021/acsmeasuresciau.2c00007
Hidayah, N., & Pratama, D. P. A. (2025). Pengaruh Faktor Strategis Terhadap Kinerja UMKM Jawa Timur Dalam Perspektif Hirarki Kebutuhan Organisasi Maslow. Journal of Education and Research (JEDARR), 4(1), 130–147.
Isqak, K. M., Arifin, S., & Pratama, D. P. A. (2025). Implementasi Sistem E-SKA Untuk Meningkatkan Efektivitas Pengiriman Barang Ekspor. Cendekia: Jurnal Ilmu Pengetahuan, 5(4), 1739–1747. https://doi.org/10.51878/cendekia.v5i4.7132
Karadag, A. S., Kandi, B., Sanlı, B., Ulusal, H., Basusta, H., Sener, S., & Calıka, S. (2024). Social Media Use in Dermatology in Turkey: Challenges and Tips for Patient Health. JMIR Dermatology, 7. https://doi.org/10.2196/51267
Karunia, I. D., & Pratama, D. P. A. (2025). The Effect of Repressive Supervision and Work Culture on Employee Work Productivity at PT Global Offset Sejahtera. Indonesian Journal Economic Review, 5(2), 327–334. https://doi.org/10.59431/ijer.v5i2.631.RESEARCH
Kim, H., & Lee, Y. (2023). South Korea’s Medical Tourism Competitiveness and Future Strategy: Focused on Cancer Treatment: A Review. Iranian Journal of Public Health, 52(12), 2484–2495. https://doi.org/10.18502/ijph.v52i12.14310
Kinboon, W., Sanghuaypai, S., & Nantachukra, A. (2019). Needs Assessment for the 21st Century Teaching and Learning in STEM Education to Promote Students’ Problem Solving in Thailand. Journal of Physics: Conference Series, 1340(1), 1–4. https://doi.org/10.1088/1742-6596/1340/1/012073
Koijen, R. S. J., & Yogo, M. (2021). The evolution from life insurance to financial engineering. GENEVA Risk and Insurance Review, 46(2). https://doi.org/10.1057/s10713-021-00068-1
Kumalasari, R., Arifin, S., Darim, A., & Pratama, D. P. A. (2025). Penerapan Sistem Akuntansi Berbasis Komunikasi Kepada Pengrajin Sarung Tenun di Desa Kampung Baru Kabupaten Nganjuk. PESHUM Jurnal Pendidikan Sosial Dan Humaniora, 5(1), 1458–1467. https://doi.org/10.56799/peshum.v5i1.13950
Novirin, B. (2021). Analisis Pengaruh Aglomerasi Industri Terhadap Pertumbuhan Ekonomi dalam Pelaksanaannya di Beberapa Wilayah Indonesia. OIKONOMIKA : Jurnal Kajian Ekonomi Dan Keuangan Syariah, 2(1), 60–69. https://doi.org/10.53491/oikonomika.v2i1.111
Nuryadi, & Pratama, D. P. A. (2025). Strategi pemberdayaan masyarakat melalui pemahaman tantangan dan peluang geolokal-geoekonomi. SELAPARANG: Jurnal Pengabdian Masyarakat Berkemajuan, 9(2), 669–679. https://doi.org/10.31764/jpmb.v9i2.29623
Pratama, D. P. A., Arifin, S., Ginanjar, A. E., & Kurniawati, K. (2025). Cognitive and Emotional Drivers of Online Purchase Decisions in Live-Streaming Social Commerce. International Journal of Economics, Science, and Education (IJESE), 2(4), 1–12.
Pratama, D. P. A., & Farida, N. (2025). Unveiling the Interplay of Triple Bottom Line and Blue Economy in Empowering Coastal MSMEs of East Java towards Sustainable Export Capacity (SDGs). Jurnal Pendidikan Ekonomi, Manajemen, Dan Keuangan (JPEKA), 9(2), 145–162. https://doi.org/10.26740/jpeka.v9n2.p145-162
Putra, J. A. K., Pratama, D. P. A., & Hendriawan, A. (2025). The Effect of Intellectual Capital, Behavior Direction, Effort Level, and Persistence Level on Employee Performance as an Effort to Improve Productivity at PT. Global Offset Sejahtera. Indonesian Journal Economic Review, 5(2), 317–326. https://doi.org/10.59431/ijer.v5i2.630.RESEARCH
Rahman, I. A., Darim, A., Pratama, D. P. A., & Zaman, K. (2025). Strategi Gaya Kepemimpinan Demokratis Dalam Upaya Mencapai Target Kinerja Karyawan. Balance: Jurnal Akuntansi Dan Manajemen, 4(3), 1555–1567.
Rausch, T. M., & Kopplin, C. S. (2021). Bridge the gap: Consumers’ purchase intention and behavior regarding sustainable clothing. Journal of Cleaner Production, 278, 123882. https://doi.org/https://doi.org/10.1016/j.jclepro.2020.123882
Schaedler, L., Graf-Vlachy, L., & König, A. (2022). Strategic leadership in organizational crises: A review and research agenda. Long Range Planning, 55(2). https://doi.org/10.1016/j.lrp.2021.102156
Siraj, N., & Hágen, I. (2023). Performance management system and its role for employee performance: Evidence from Ethiopian SMEs. Heliyon, 9(11). https://doi.org/10.1016/j.heliyon.2023.e21819
Suhendra, F., Pratama, D. P. A., & Arifin, S. (2025). Pengaruh Strategi Kinerja Karyawan Melalui Analisis SWOT terhadap Produktivitas PT Varuna Tirta Prakasya (Persero) Cabang Surabaya. Jurnal Ekonomi Manajemen Akuntansi Dan Keuangan, 6(4), 1–13. https://doi.org/10.53697/emak.v6i4.3049
Tietenberg, T., & Lewis, L. (2020). Environmental & Natural Resource Economics. In Educacao e Sociedade (Vol. 1, Issue 1). Pearson Education,Inc. http://www.biblioteca.pucminas.br/teses/Educacao_PereiraAS_1.pdf%0Ahttp://www.anpocs.org.br/portal/publicacoes/rbcs_00_11/rbcs11_01.htm%0Ahttp://repositorio.ipea.gov.br/bitstream/11058/7845/1/td_2306.pdf%0Ahttps://direitoufma2010.files.wordpress.com/2010/
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Natalia Indrawati, syamsul Arifin, Devangga Putra Adhitya Pratama
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
