The Analysis of Inclusive Green Growth In Indonesia

The concept of economic growth that has increased social welfare needs to be expanded in terms of its meaning and benchmarks. It focuses not only on economic activities but also on how they impact all of society in the present and the future. This study aims to analyze Indonesia’s inclusive green gr...

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Main Authors: Jaka Aminata, Dzulfikar Ilham Kusuma Nusantara, Indah Susilowati
Format: Article
Language:English
Published: Universitas Muhammadiyah Yogyakarta 2022-04-01
Series:Jurnal Ekonomi & Studi Pembangunan
Subjects:
Online Access:https://journal.umy.ac.id/index.php/esp/article/view/13811
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author Jaka Aminata
Dzulfikar Ilham Kusuma Nusantara
Indah Susilowati
author_facet Jaka Aminata
Dzulfikar Ilham Kusuma Nusantara
Indah Susilowati
author_sort Jaka Aminata
collection DOAJ
description The concept of economic growth that has increased social welfare needs to be expanded in terms of its meaning and benchmarks. It focuses not only on economic activities but also on how they impact all of society in the present and the future. This study aims to analyze Indonesia’s inclusive green growth in 2015 and 2019. The method used to obtain the analysis is the Inclusive Green Growth Index (IGGI), conducted by Asian Development Bank (ADB). IGGI is a composite index consisting of three pillars: economic growth, social equity, and environmental sustainability. The study showed that Indonesia’s inclusive green growth was getting better where its average score in 2015 was 3.21, increasing to 3.36 in 2019. However, the improvement is not ideal yet because its mainly influenced by the economic growth pillar. In contrast, the average score of the environmental sustainability pillar declined from 4.19 in 2015 to 4.00 in 2019, accompanied by the decreasing social equity pillar score in 15 out of 34 provinces. All Efforts to achieve a better-balanced IGGI are improving and maintaining environmental quality, improving access to economic and political activities, improving public service and infrastructure in various provinces, and increasing superior and potential sectors to pursue economic disparity inter-provincial.
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spelling doaj.art-e769851cbc98427089258195e91e33c92022-12-22T02:13:53ZengUniversitas Muhammadiyah YogyakartaJurnal Ekonomi & Studi Pembangunan1411-99002541-55062022-04-0123114015610.18196/jesp.v23i1.138115789The Analysis of Inclusive Green Growth In IndonesiaJaka Aminata0Dzulfikar Ilham Kusuma Nusantara1Indah Susilowati2Department of Economics, Faculty of Economics and Business, Universitas Diponegoro, Central JavaDepartment of Economics, Faculty of Economics and Business, Universitas Diponegoro, Central JavaDepartment of Economics, Faculty of Economics and Business, Universitas Diponegoro, Central JavaThe concept of economic growth that has increased social welfare needs to be expanded in terms of its meaning and benchmarks. It focuses not only on economic activities but also on how they impact all of society in the present and the future. This study aims to analyze Indonesia’s inclusive green growth in 2015 and 2019. The method used to obtain the analysis is the Inclusive Green Growth Index (IGGI), conducted by Asian Development Bank (ADB). IGGI is a composite index consisting of three pillars: economic growth, social equity, and environmental sustainability. The study showed that Indonesia’s inclusive green growth was getting better where its average score in 2015 was 3.21, increasing to 3.36 in 2019. However, the improvement is not ideal yet because its mainly influenced by the economic growth pillar. In contrast, the average score of the environmental sustainability pillar declined from 4.19 in 2015 to 4.00 in 2019, accompanied by the decreasing social equity pillar score in 15 out of 34 provinces. All Efforts to achieve a better-balanced IGGI are improving and maintaining environmental quality, improving access to economic and political activities, improving public service and infrastructure in various provinces, and increasing superior and potential sectors to pursue economic disparity inter-provincial.https://journal.umy.ac.id/index.php/esp/article/view/13811inclusive growthgreen growthcomposite index
spellingShingle Jaka Aminata
Dzulfikar Ilham Kusuma Nusantara
Indah Susilowati
The Analysis of Inclusive Green Growth In Indonesia
Jurnal Ekonomi & Studi Pembangunan
inclusive growth
green growth
composite index
title The Analysis of Inclusive Green Growth In Indonesia
title_full The Analysis of Inclusive Green Growth In Indonesia
title_fullStr The Analysis of Inclusive Green Growth In Indonesia
title_full_unstemmed The Analysis of Inclusive Green Growth In Indonesia
title_short The Analysis of Inclusive Green Growth In Indonesia
title_sort analysis of inclusive green growth in indonesia
topic inclusive growth
green growth
composite index
url https://journal.umy.ac.id/index.php/esp/article/view/13811
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