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Analisis Komparasi Peranan Kebijakan Moneter Terhadap Pertumbuhan Ekonomi: Memetik Pelajaran dari Tiongkok dan India
China and India are two countries with the highest GDP growth rates in the world. The success of the two countries began when the two countries decided to carry out market liberalization. However, the two countries have differences in monetary policy and exchange rate regimes, such as China's monetary policy based on Monetary Aggregate Targeting and a fixed exchange rate regime, with India whose monetary policy is based on the Inflation Targeting Framework and floating exchange rate regime. To compare the role of monetary policy on economic growth from China and India, this study uses VAR and OLS analysis from 1978 to 2020 on GDP growth as the dependent variable and the money supply, inflation rate, current account balance, real interest rates, and policy rate as an independent variable. The results obtained that China's monetary policy variables such as the money supply and interest rates have a significant effect on China's GDP growth, while India's monetary policy variables do not significantly affect India's GDP growth. The results of this study also provide references and suggestions for Bank Indonesia to pay more attention to the contribution of monetary policy to Indonesia's economic growth, further improve the performance of interest rates in promoting more stable Indonesia's economic growth, and become a reference for further research..Ada Tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 13565 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok Program Studi Ilmu Ekonomi Fakultas Ekonomi dan Bisnis UI., 2022 |
|---|---|
| Edisi | - |
| Subjek | Monetary policy GDP Growth |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xiv, 96 p. ; diagr. ; 30 cm |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |