Indonesian mining sectors have not been optimally managed to raise budget income and bring public welfare. Main problem is laid on while Government give its concern more to upstream than to downstream management policy which gives low value added. Government has reformed its mining management by switching from upstream to downstream. This mining reform is shown in Law Number 4/2009 on Mineral and Batubara. However, the implementation is facing some technical and financial challenges. This study elaborates how urgent the ‘downstream policy’ is. Author also tries to portray the implementations and challenges Government faces, and recommend several steps needed to be taken. On the conclusion, the author gives suggest that Government needs to: (i) revise the Law Number 44/2009 as a better option compared to release several Government Regulation that proven not solve the problem; (ii) encourage some efforts to integrating downstream industries for their potentials to budget revenue; and (iii) support strategic alliance among state enterprises in order to act as downstream pioneers.
Tulisan ini dimaksudkan untuk melihat lebih rinci transmisi penetapan BI rate terhadap perubahan SBI, PUAB, bunga deposito, bunga kredit, jumlah M1 & M2 dan kondisi ekonomi makro yakni inflasi, pertumbuhan ekonomi, kesempatan kerja dan keseimbangan neraca pembayaran. Pemahaman terhadap transmisi ini akan memberikan gambaran keseluruhan dari kebijakan moneter yang bersifat makro dan kebijakan mikro, di tatanan perbankan. Penelitian ini bersifat kualitatif dan kuantitatif, analisis menggunakan tabel, grafik, gambar serta Eviews sebagai perangkat kuantitatif. Kerangka berfikir tulisan ini adalah transmisi kebijakan moneter mulai dari BI rate menjadi Sertifikat BI (SBI), PUAB, Bunga Deposito, Bunga Kredit, spread (interest margin) perbankan, inflasi dan pertumbuhan ekonomi. Kebijakan moneter berupa penetapan BI rate oleh Bank Indonesia merupakan kebijakan dengan sasaran berjenjang mulai dari sasaran operasional, sasaran antara dan sasaran akhir. Hasil dari kebijakan memerlukan lag yang lamanya sesuai dengan kategori sasaran, untuk itu perlu dilihat sasaran BI rate sesuai dengan jenjangnya. Kalau tidak, maka akan terjadi misleading penilaian terhadap keberhasilan penetapan BIrate yang ditetapkan oleh Bank Indonesia.
The Indonesian Constitution mandates the government to keep the food sovereignty in terms of availability, affordability, and the fulfillment of adequate food consumption with safety, quality, and nutritionally balanced. In food politics, the government has a number of policies and programs to achieve food self-sufficiency such as the provision of agricultural land, fertilizer, pesticides, seeds, irrigation, farmers' education, and financing supports. In terms of fiscal policy, the government annually allocates funds to support food self-sufficiency programs. Unfortunetaly, Indonesia still in the stage of below achieving a food self-sufficiency; the government still imports some strategic foodstuffs such as rice, corn, soybeans, sugar, and meat. Low production of foodstuffs bring about a decrease in agricultural sector contribution to GDP. This article aims to evaluate the effectiveness of government policy on food and fiscal policy support. Using secondary data, the study tries to describe using the approach of 'The Context, Links, and Evidence Framework". The study concludes that although the government has a strong commitment to have food sovereignty, but still difficult to achieve food selfsufficiency and food security. Therefore the authors recommend a policy package which includes nine priority programs to be considered by the government.
Provision of decent and affordable housing in Indonesia has been faced with difficulty due to lower level of housing accessibility from the housing schemes submitted to the free market. Limited access to housing presents a significant impact on low level of community welfare. Based on these problems, this study aims to analyze the proper housing provision policy scheme in improving the welfare of the community. This study raises the case of ASN as one of the with no home ownership, especially for ASN with low rank / class. Based on the results of descriptive statistical analysis, housing provision is advised to address the preferences of beneficiaries, including priorities such as: (i) housing provision acessing proximity to public services; (ii) housing provision acessibility to work location; and (iii) specifications for housing provision adjusted to rank / class level. The conclusion which can be withdrawn in the ASN case bears theconcept of providing housing considering the four principles of: propriety, fairness, rationality, and conformity. The finding of this study is expected to provide a modeling concept for housing provision policy in accordance with the principle of equal access to public
To date, Indonesia has been facing the seventh ISDS (Investor-State Dispute Settlement) lawsuit case in ICSID, the most number of ICSID cases a particular country has in ASEAN. In the meantime, Indonesia had to initiate reform in its minerals mining sector policy since the sector had provided little benefit in Indonesian sustainable economic development thus far–a policy reform which is potentially highly exposed to ISDS lawsuit case. Yet, the reform once issued has no turning back and thus it should move forward. Indonesian reform policy to support more its mining downstream by Minerba Act issuance is intended to benefit from its scarce, limited non-renewable minerals so as to support national development and maintain its long-term interest and economic sustainability. Undoubtfully, the policy reform will be beneficial for Indonesian economy sustainability and thus it should be protected from any potential ISDS claims in the future. This study seeks to address such real, critical current challenges arising from contingent ISDS claims towards Indonesia. This study adopts a descriptive analytical method, which combines literature review, authors’ shared expertise in this field, and results of interviews and discussions with several other experts in relevant fields. This study concludes that in addressing ISDS contingent problems threatening Indonesian current reform policy in mining downstream sector, Indonesia should focus the emphasis on the prevention endeavor, those are a review of BITs and IIAs containing ISDS provisions; improvement in investment dispute management; which are mainly supported by continuous bureaucracy reform, capacity building, and better coordination.
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