The Impact of Economic Openness and Growth on Poverty Alleviation in Indonesia

Rahutami, Angelina Ika (2020) The Impact of Economic Openness and Growth on Poverty Alleviation in Indonesia. International Journal of Advanced Research in Economics and Finance, 2 (4). pp. 20-28. ISSN 2682-812X

Text Jurnal The Impact of Economic Openness and Growth.pdf Download (1MB)

Abstract

Poverty is a concern for almost all countries, including Indonesia. Many poverty reduction policies have been implemented and have brought significant results for poverty reduction. Another approach to poverty reduction is through the effects of economic openness and economic growth. This study uses secondary data from 2000-2018 with an Error Correction Model of regression. This study aims to describe the conditions of economic openness and poverty in Indonesia and analyze how economic openness and growth contribute to poverty reduction. The study results show that foreign direct investment inflow does not significantly impact poverty because it may not provide employment suitable for low-income families' conditions. In the short and long term, international trade and economic growth are crucial factors in poverty reduction. The study results also show that government policies are the primary key to reducing poverty. Keywords: Poverty alleviation, economic openness, government role, Error Correction Model

Item Type:	Article
Subjects:	300 Social Sciences > 330 Economics
Divisions:	Faculty of Economics and Business > Department of Management
Depositing User:	ms Angelina Ika Rahutami
Date Deposited:	06 Feb 2021 04:23
Last Modified:	18 Mar 2021 06:57
URI:	http://repository.unika.ac.id/id/eprint/23498

Actions (login required)

View Item