MACROECONOMIC COORDINATION: AS AN APPROACH FOR POVERTY REDUCTION

This study aims to analyze macroeconomic policies simultaneously to minimize the tradeoff impact of economic growth and inflation to reduce poverty. The analysis used is theoretical and simultaneously tests the model in Indonesia using annual data for the period 1990-2020 to show that poverty reduct...

Full description

Saved in:
Bibliographic Details
Published inPolish Journal of Management Studies Vol. 23; no. 2; p. 42
Main Authors Amaliah, Ima, Aspiranti, Tasya, Nurhayati, Nunung, Mafruhat, Ade Yunita, Harits Nu’man, Shaharuddin, Amir
Format Journal Article
LanguageEnglish
Published Częstochowa Czestochowa University of Technology Faculty of Management 01.01.2021
Online AccessGet full text

Cover

More Information
Summary:This study aims to analyze macroeconomic policies simultaneously to minimize the tradeoff impact of economic growth and inflation to reduce poverty. The analysis used is theoretical and simultaneously tests the model in Indonesia using annual data for the period 1990-2020 to show that poverty reduction is correlated with the coordination of monetary and fiscal policies. This study finds that poverty is simultaneously affected by economic growth, money supply and inflation, while Foreign Direct Investment has no statistically significant effect on poverty. Therefore, policymakers should implement a macro-fundamental policy mix that focuses on price stability, followed by policy adjustments for all sectors to support the targets set by the Central Bank.
ISSN:2081-7452
DOI:10.17512/pjms.2021.23.2.03