The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia

This article discusses whether economic liberalisation policies have succeeded in alleviating poverty and inequality in Indonesia. In addition, this article aims to provide alternative policies to strengthen Indonesia’s bargaining position in international trade forums by shifting the extractive ind...

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Main Author: Alfath Bagus Panuntun El Nur Indonesia
Format: Article
Language:English
Published: Department of Social Development and Welfare, Faculty of Social and Political Science, Universitas Gadjah Mada 2021-10-01
Series:Journal of Social Development Studies
Subjects:
Online Access:https://jurnal.ugm.ac.id/v3/JSDS/article/view/2188
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author Alfath Bagus Panuntun El Nur Indonesia
author_facet Alfath Bagus Panuntun El Nur Indonesia
author_sort Alfath Bagus Panuntun El Nur Indonesia
collection DOAJ
description This article discusses whether economic liberalisation policies have succeeded in alleviating poverty and inequality in Indonesia. In addition, this article aims to provide alternative policies to strengthen Indonesia’s bargaining position in international trade forums by shifting the extractive industry to knowledge-based industries and fixing the fragile social protection system when faced with COVID-19. This article is written descriptively and analytically based on various data, such as literature, planning documents, news reports, and other sources. Despite the prospect of economic liberalisation, the findings show Indonesia has three main problems: statistical data that does not reflect reality, overlapping regulations, and weak governance. This article offers several policy recommendations that need improvement based on the “Going for Growth” framework.  Keywords: economic liberalisation, poverty alleviation, inequality, social protection, and going for growth    Tulisan ini mendiskusikan apakah kebijakan liberalisasi ekonomi berhasil dalam pengentasan kemiskinan dan ketimpangan di Indonesia. Selain itu, tulisan ini bertujuan untuk memberikan alternatif kebijakan dalam rangka memperkuat posisi tawar Indonesia dalam forum perdagangan internasional dengan menggeser industri ekstraktif ke industri berbasis pengetahuan, sekaligus membenahi sistem perlindungan sosial yang rapuh ketika dihadapkan pada COVID-19. Tulisan ini ditulis secara deskriptif dan analitis berdasarkan dukungan dari berbagai data, seperti literatur, dokumen perencanaan, laporan berita, dan sumber lainnya. Meskipun terdapat prospek dari liberalisasi ekonomi, temuan menunjukkan bahwa Indonesia memiliki tiga masalah utama: data statistik yang tidak mencerminkan realitas, regulasi yang tumpang tindih, dan lemahnya tata kelola pemerintahan. Tulisan ini menawarkan beberapa rekomendasi kebijakan yang perlu ditingkatkan berdasarkan kerangka berpikir “Going for Growth”.  Kata kunci: liberalisasi ekonomi, pengentasan kemiskinan, ketimpangan, perlindungan sosial dan going for growth
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spelling doaj.art-1faa9d5565ac4da095ef5f705a98062c2022-12-21T17:21:44ZengDepartment of Social Development and Welfare, Faculty of Social and Political Science, Universitas Gadjah MadaJournal of Social Development Studies2721-38702721-38892021-10-012211410.22146/jsds.21882188The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in IndonesiaAlfath Bagus Panuntun El Nur Indonesia0PPKK Fisipol UGMThis article discusses whether economic liberalisation policies have succeeded in alleviating poverty and inequality in Indonesia. In addition, this article aims to provide alternative policies to strengthen Indonesia’s bargaining position in international trade forums by shifting the extractive industry to knowledge-based industries and fixing the fragile social protection system when faced with COVID-19. This article is written descriptively and analytically based on various data, such as literature, planning documents, news reports, and other sources. Despite the prospect of economic liberalisation, the findings show Indonesia has three main problems: statistical data that does not reflect reality, overlapping regulations, and weak governance. This article offers several policy recommendations that need improvement based on the “Going for Growth” framework.  Keywords: economic liberalisation, poverty alleviation, inequality, social protection, and going for growth    Tulisan ini mendiskusikan apakah kebijakan liberalisasi ekonomi berhasil dalam pengentasan kemiskinan dan ketimpangan di Indonesia. Selain itu, tulisan ini bertujuan untuk memberikan alternatif kebijakan dalam rangka memperkuat posisi tawar Indonesia dalam forum perdagangan internasional dengan menggeser industri ekstraktif ke industri berbasis pengetahuan, sekaligus membenahi sistem perlindungan sosial yang rapuh ketika dihadapkan pada COVID-19. Tulisan ini ditulis secara deskriptif dan analitis berdasarkan dukungan dari berbagai data, seperti literatur, dokumen perencanaan, laporan berita, dan sumber lainnya. Meskipun terdapat prospek dari liberalisasi ekonomi, temuan menunjukkan bahwa Indonesia memiliki tiga masalah utama: data statistik yang tidak mencerminkan realitas, regulasi yang tumpang tindih, dan lemahnya tata kelola pemerintahan. Tulisan ini menawarkan beberapa rekomendasi kebijakan yang perlu ditingkatkan berdasarkan kerangka berpikir “Going for Growth”.  Kata kunci: liberalisasi ekonomi, pengentasan kemiskinan, ketimpangan, perlindungan sosial dan going for growthhttps://jurnal.ugm.ac.id/v3/JSDS/article/view/2188economic liberasationpoverty alleviationinequalitysocial protectiongoing for growth
spellingShingle Alfath Bagus Panuntun El Nur Indonesia
The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia
Journal of Social Development Studies
economic liberasation
poverty alleviation
inequality
social protection
going for growth
title The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia
title_full The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia
title_fullStr The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia
title_full_unstemmed The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia
title_short The Prospects and Challenges of Economic Liberalization in Reducing Poverty and Inequality in Indonesia
title_sort prospects and challenges of economic liberalization in reducing poverty and inequality in indonesia
topic economic liberasation
poverty alleviation
inequality
social protection
going for growth
url https://jurnal.ugm.ac.id/v3/JSDS/article/view/2188
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