Analisis Dampak Bauran Kebijakan Moneter Dan Makroprudensial Terhadap Stabilitas Harga Dan Stabilitas Sistem Keuangan Di Indonesia

Abstract

The financial crisis that has happened has changed the perspective of the central banks in the world, including Indonesia in viewing that financial system stability is also important in addition to price stability. In achieving this goal, Bank Indonesia formulated a policy namely the Bank Indonesia Policy Mix which is the integration of monetary and macroprudential policies.This research aims to analyze the impact of the monetary and macroprudential policy mix on price stability and financial system stability in Indonesia. The analysis method applied in this study is Vector Error Correction Model (VECM) and Granger Causality. The results of the study show that both monetary and macroprudential policies can achieve price stability. In achieving financial system stability, monetary policy instruments take longer than macroprudential policies. The monetary and macroprudential policy mix instruments can reduce inflation volatility and exchange rate volatility so as to encourage price stability and financial system stability.

Mengoptimalkan sumber dana dan pengelolaan keuangan usaha mikro dan kecil di sekolah kewirausahaan bina amanah cordova

“…Sistem dan lembaga keuangan, merupakan fasilitas yang disediakan negara guna memperlancar kegiatan masyarakat dalam melaksanakan usahanya (Soekapdjo, 2019). Krisis moneter yang pernah dialami, telah memberikan motivasi pada pemerintah Indonesia, untuk membuat kebijakan makroprudential, yang merupakan sinergi dari sistem dan lembaga keuangan, guna mengatasi krisis ekonomi (Hidayati & Sugiyanto, 2019). Kebijakan ini, merupakan kesadaran dari pemerintah, swasta dan masyarakat dalam mengembangkan usaha mikro dan kecil, karena sektor ini terbukti dapat bertahan di masa krisis, dan sekaligus sebagai penopang pertumbuhan ekonomi (Soeharjoto, Ratnawati, et al, 2020).…”

Application of QUAL2Kw for Water Quality Modeling in the Cibarani Irrigation Channel, Bandung City, Indonesia

“…Consequently, the population density in the capital city of West Java reaches 15,190 people per square kilometer. This rapid population growth has serious consequences for the balance of natural resources and environmental degradation, especially in the Cikapundung River, which runs through Bandung as the city's primary raw water source and main drainage channel [2][3] [4].…”