ECONOMIC FACTORS ON INFLATION

Inflation is a process of increasing prices in general and continuously related to market mechanisms which can be caused by various factors, among others, increased public consumption, excess liquidity in the market that triggers consumption, or even speculation, including the consequences of the non-smooth distribution of goods. A country's economy would be healthy if its economic growth is stable and shows a positive direction. This is reflected in macroeconomic activities. One of the macroeconomic indicators to see the economic stability of a country is inflation. The purpose of this paper is to analyze economic factors on inflation. Qualitative research and data collection techniques in the form of literature studies and Library Research. The results of the study show that based on the results of the research and discussion that have been described previously, several conclusions can be drawn as follows The money supply and the BI Rate together affect the dependent variable, namely inflation, The money supply has a negative effect on inflation in Indonesia and BI Rate has a positive effect on inflation in Indonesia

ECONOMIC RESILIENCE IN ASYMMETRIC WARFARE

Economic Resilience is a dynamic condition of the nation's economic life that contains tenacity and resilience that contains the ability to develop national strength in facing and overcoming all threats, obstacles, disturbances, obstacles, and challenges originating from abroad and from within the country. Asymmetric war is a war that involves two or more actors through a broad battlefield that includes Trigatra (geography, demography, and natural resources) and Pancagatra (ideology, political economy, socio-culture, and defense and security). The purpose of the research is to provide government input on the importance of economic resilience in the face of asymmetric war. This study uses the Strategy Theory written by Clausewitz which views several things related to the elements of war, namely Means, Way, and End. Research with qualitative methods is aimed at understanding social phenomena from the participant's perspective. The result of this study is economic resilience needs strengthening in the digital economy, digital bureaucracy and banking strengthenin

Blue Economy Indonesia to Increase National Income through the Indian Ocean Rim Association (IORA) in the Order to Empower the World Maritime Axis and Strengthen State Defense

The joining of Indonesia as one of the states in the Indian Ocean Rim Association (IORA), is an opportunity and correlates with one of the policies of the Government of President Jokowi in an effort to realize Indonesia as the World Maritime Axis based on geo-strategy and geo-economics as an archipelagic country. The research method uses descriptive qualitative. The results of the study show that the blue economy is a very profitable strategy for Indonesia to increase National Income and be sustainable and support national defense through the Indian Ocean Rim Association (IORA). This research provides benefits on how to improve the management of the vision of the World Maritime Axis through Indonesia's Blue Economy To increase National Income through the Indian Ocean Rim Association (IORA) in the context of Realizing the World Maritime Axis and Strengthening National Defense the study of Defense Science. The novelty of this research is that it combines the concept of a blue economy with the study of defense science studies to anticipate threats from within and outside the countr

The Policy of PT Len As a Main Integrator on Increasing National Income

PT Len's defense industry policy, in collaboration with Thales, is focused on the development of the national radar industry. The cooperation demonstrates the domestic industry's inability to support the defense industry's independence. The research goal is to give advice to PT LEN on military industry implementation and strategy. The goal of qualitative research is to comprehend phenomena from the perspective of the participants. The results showed that the outcomes are consistent with the implementation theory in terms of communication, resources, personnel, budget, and disposition. To anticipate delays in the revitalization process for the defense industry that is not ready to carry out technology transfer, the strategy requires adequate resources, supporting facilities, and infrastructure, as well as an inventory of national companies engaged in the industrial defense sector

The Effect of Asset Efficiency and Growth on Financial Performance in the Defense Industry Sector

This research focused on three defense industry companies, namely PT Dirgantara Indonesia, PT PAL Indonesia (Persero) and PT Pindad (Persero). This study used a quantitative research approach with a time period from 2011 to 2020. The results of the study show that the magnitude of the effect of efficiency and asset growth on financial performance in the defense industry sector is 45.0% and the remaining 55.0% is explained by other variables not examined in this study. Efficiency and Asset Growth have a simultaneous effect on Financial Performance in the Defense Industry Sector. Efficiency partially has a positive effect on Financial Performance in the Defense Industry Sector. Asset Growth partially does not affect Financial Performance in the Defense Industry Sector. This can be a concern for companies in the defense industry sector so that Indonesia can create a strong, independent and competitive defense industry. Keywords: Efficiency, Global, Financial Performance, Asset Growth, Technolog

ANALYSIS OF THE DEVELOPMENT OF ECONOMIC COOPERATION BETWEEN INDONESIA AND PAPUA NEW GUINEA AFTER THE COVID-19 PANDEMIC

Papua New Guinea is one of the main partners of the Government of Indonesia in establishing international economic cooperation for the Pacific and Oceania regions. Papua New Guinea sees Indonesia as an example of how to improve economic development and improve partnerships in the Pacific region. This study uses a qualitative approach through interviews and literature studies. The research method used is a qualitative phenomenological approach where qualitative phenomenology is a research method that seeks to identify the universal essence of phenomena that are felt personally by a group of people. The approach to bilateral relations between Indonesia and Papua New Guinea has existed since before the independence of Papua New Guinea. The geographical proximity of the two countries makes the two countries an advantage in establishing economic cooperation. The two countries agreed on various points of cooperation in improving relations and the economy between countries and this is projected to increase after the Covid-19 pandemic is ove

Internal Challenges and Planning in Creating Indonesia as the Axis of the World Maritime Economy

The achievement of the vision of the world maritime axis must be directly proportional to the conditions of national stability. In other words, successful maritime development can only run well if it is supported by strong defense and security, both nationally, regionally, and globally. Thus, the Indonesian Navy as the main component of national defense at sea which carries out the functions of deterrence, enforcement, and restoration of national security is obliged to carry out its duties to uphold national sovereignty at sea, maintain the territorial integrity of the Unitary State of the Republic of Indonesia (NKRI) and safeguard the safety of the entire nation. The research method used is literature review research with a descriptive approach. The result is In realizing this vision of the world's maritime axis, the role of all components of the nation is needed to realize a strong national defense by taking into account the country's geopolitics and geo-economy with a maritime perspective so that a national defense development plan with a maritime perspective is needed

READINESS OF THE INDONESIAN NATIONAL ARMY IN SUPPORTING THE DEFENSE ECONOMY

The budget is said to be the cause of the unpreparedness of the Indonesia National Armed Force (TNI) to defense Indonesia from any threats. However, a comparison between 2009 and 2020 shows that the budget increase has almost quadrupled in 12 years, however, the increase in the level of readiness of the TNI did not reach even two times in the last 12 years. In dealing with this phenomenon, the authors analyze the causes of the unpreparedness of the TNI by using systems thinking and SWOT analysis methodologies. Research shows that the cause of the unpreparedness of the TNI is inconsistency in implementing plans and determining priorities in the procurement of defense equipment. The solution to this problem is to make careful planning before deciding on the purchase of defense equipment and implement it in accordance with Law no. 16 of 2012, where the purchase of defense equipment from abroad must be followed by the transfer of technology that will strengthen the domestic defense industry and the level of readiness of the TNI. Based on the SWOT analysis of the implementation of Law no. 16 of 2012, technology transfer with joint production is considered to be more beneficial for Indonesia as a whole

PT PINDAD INVESTMENT POST OMNIBUS LAW CREATION IN SUPPORTING DEFENSE ECONOMY

PT Pindad (Persero) is a state-owned Indonesian defense industry engaged in military and commercial products. The purpose of the establishment of the state-owned defense industry PT Pindad is to provide the defense equipment needs independently to support the implementation of the defense and security of the Republic of Indonesia. The capital investment and realization of PT Pindad (Persero)'s income in the last five years in achieving its income has always increased. For this achievement, PT Pindad's revenue from 2016-2020 always increases. However, the achievement of PT Pindad's revenue is still below the target set in the Company's Work Plan and Budget (RAKP). This study uses a qualitative method, namely to study events and is used in research. The aim is to analyze the defense program in the Jokowi administration era. By using primary data and secondary data, The results of the study show that the Omnibus Law on Job Creation regulates investment regulations. This Job Creation Law brings reforms to national investment in order to increase the efficiency and effectiveness of the national industry as well as competitiveness. The Job Creation Law seeks to create an investment climate that is able to ensure the survival of SOEs and supports the development of Indonesian SOE

READINESS ANALYSIS OF INDONESIAN MILITARY AUTHORIZATIONS IN SUPPORTING THE DEFENSE ECONOMY

State defense and security (hankamneg) have a role and function to defend the existence of the Indonesian nation from any threats and disturbances, both from abroad and within the country. One element of national power is military readiness in terms of technological development, leadership, as well as quantity and quality of troop strength. As time goes on, relying on human resources alone does not always guarantee the creation of a good and efficient defense system without the support of a capable defense system. The reality related to the defense sector currently owned by Indonesia is that it is still not optimal when viewed from the Indonesian defense system, especially regarding the main weapons system (defense equipment) it has. Data from the Stockholm International Peace Research Institute (SIPRI) in 2020 shows that Indonesia is in the position of the 17th largest importing country for defense equipment. The import of the defense industry is still large, so there is a need for system transformation in realizing the independence of the defense industry. Efforts need to be made by the government by increasing the quality and quantity of technology and human resources, as well as open up new industrial fields as suppliers of raw materials for local defense equipment