IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2015-04-03.html
   My bibliography  Save this article

Revitalization of Pancasila Economic System in the Globalization Era

Author

Listed:
  • Waspodo Tjipto Subroto

    (Department of Economics, Faculty of Economics, State University of Surabaya, Indonesia)

Abstract

Implementation of the policy will effect the economic system of economic growth and prosperity of a nation. Follow the globalization of economic liberalization is detrimental to most of the people of Indonesia for the door wide open to free competition so it is very unfortunate that the developed countries are relatively better equipped to compete because it is supported by fi nancial capital and modern technology. For socializing Pancasila Economic System (PES), there needs revitalization movement PES in a more systematic and planned so that the system is able to host in his own country. Revitalization of PES needs to be pursued constantly and sustained through the implementation of economic policies in favor of the people and to anticipate the growing infl uence of economic globalization and spread to various world. Revitalization is expected to bring the Indonesian people toward the common good in adapting to the era of globalization.

Suggested Citation

  • Waspodo Tjipto Subroto, 2015. "Revitalization of Pancasila Economic System in the Globalization Era," International Journal of Economics and Financial Issues, Econjournals, vol. 5(4), pages 860-868.
  • Handle: RePEc:eco:journ1:2015-04-03
    as

    Download full text from publisher

    File URL: http://www.econjournals.com/index.php/ijefi/article/download/1436/pdf
    Download Restriction: no

    File URL: http://www.econjournals.com/index.php/ijefi/article/view/1436/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Falck, Oliver & Fritsch, Michael & Heblich, Stephan, 2011. "The phantom of the opera: Cultural amenities, human capital, and regional economic growth," Labour Economics, Elsevier, vol. 18(6), pages 755-766.
    2. Anwar, Sajid & Rice, John, 2009. "Labour mobility and wage inequality in the presence of endogenous foreign investment," Economic Modelling, Elsevier, vol. 26(6), pages 1135-1139, November.
    3. Ghosh, Madanmohan & Whalley, John, 2008. "State owned enterprises, shirking and trade liberalization," Economic Modelling, Elsevier, vol. 25(6), pages 1206-1215, November.
    4. N. Sivakumar & Sundara R. Krishnaswami, 2012. "Global financial crisis: dharmic transgressions and solutions," International Journal of Social Economics, Emerald Group Publishing, vol. 39(1), pages 39-54, January.
    5. Oludele Akinloye Akinboade & Emilie Chanceline Kinfack & Mandisa Putuma Mokwena, 2012. "An analysis of citizen satisfaction with public service delivery in the Sedibeng district municipality of South Africa," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 39(3), pages 182-199, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Budiharto & Edy Sismarwoto, 2020. "Freedom of Contracts and Dispute Settlement Between Conventional Banking and Sharia Banking," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 285-291.
    2. Waspodo Tjipto Subroto & Yatim Riyanto & Maria Veronika Roesminingsih & Wahyu Sukartiningsih, 2017. "Perception of Society toward Populist Economic Policy for Development Economic: Empirical Research in East Java," International Journal of Economics and Financial Issues, Econjournals, vol. 7(5), pages 1-5.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Giovanni Perucca, 2019. "Residents’ Satisfaction with Cultural City Life: Evidence from EU Cities," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 14(2), pages 461-478, April.
    2. Gan Jin & Günther G. Schulze, 2024. "Historical Legacies and Urbanization: Evidence from Chinese Concessions," CESifo Working Paper Series 10976, CESifo.
    3. Kugler, Peter, 2019. "Macroeconomic Determinants of Performed Operas: A Multi-Country Study 2014-2018," Working papers 2019/17, Faculty of Business and Economics - University of Basel.
    4. Michael Fritsch & Michael Stützer, 2012. "The Geography of Creative People in Germany revisited," Jena Economics Research Papers 2012-065, Friedrich-Schiller-University Jena.
    5. Anwar, Sajid & Sun, Sizhong, 2012. "Trade liberalisation, market competition and wage inequality in China's manufacturing sector," Economic Modelling, Elsevier, vol. 29(4), pages 1268-1277.
    6. Gupta, Manash Ranjan & Dutta, Priya Brata, 2012. "Skilled–unskilled wage inequality, product variety, public input and increasing returns: A static general equilibrium analysis," Economic Modelling, Elsevier, vol. 29(2), pages 502-513.
    7. Michel Serafinelli & Guido Tabellini, 2022. "Creativity over time and space," Journal of Economic Growth, Springer, vol. 27(1), pages 1-43, March.
    8. Bai, Tao & Chen, Stephen & Xu, Youzong, 2021. "Formal and informal influences of the state on OFDI of hybrid state-owned enterprises in China," International Business Review, Elsevier, vol. 30(5).
    9. David B. Audretsch & Maksim Belitski, 2015. "Creativity spillover of entrepreneurship: evidence from European cities," Chapters, in: Charlie Karlsson & Urban Gråsjö & Sofia Wixe (ed.), Innovation and Entrepreneurship in the Global Economy, chapter 6, pages 141-161, Edward Elgar Publishing.
    10. Hanlon, W.Walker & Heblich, Stephan, 2022. "History and urban economics," Regional Science and Urban Economics, Elsevier, vol. 94(C).
    11. Francesco Capalbo & Claudio Lupi & Margherita Smarra & Marco Sorrentino, 2021. "Elections and earnings management: evidence from municipally-owned entities," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(3), pages 707-730, September.
    12. Michael Fritsch & Michael Wyrwich, 2021. "Does Successful Innovation Require Large Urban Areas? Germany as a Counterexample," Economic Geography, Taylor & Francis Journals, vol. 97(3), pages 284-308, May.
    13. Yasutoshi Moteki, 2023. "Customer Satisfaction with Branch Office Services in Higashihiroshima, Hiroshima Prefecture," Public Organization Review, Springer, vol. 23(2), pages 805-823, June.
    14. MORIKAWA Masayuki, 2012. "Postgraduate Education and Human Capital Productivity in Japan," Discussion papers 12009, Research Institute of Economy, Trade and Industry (RIETI).
    15. Agnese, Pablo & Hromcová, Jana, 2016. "Low-skill offshoring and welfare compensation policies," Economic Modelling, Elsevier, vol. 52(PB), pages 408-426.
    16. Kristoffer Moeller, 2013. "Culturally clustered or in the cloud? Location of internet start-ups in Berlin," ERSA conference papers ersa13p455, European Regional Science Association.
    17. Pi, Jiancai & Zhou, Yu, 2013. "Institutional quality and skilled–unskilled wage inequality," Economic Modelling, Elsevier, vol. 35(C), pages 356-363.
    18. Karol J Borowiecki, 2015. "Agglomeration economies in classical music," Papers in Regional Science, Wiley Blackwell, vol. 94(3), pages 443-468, August.
    19. Francesco Capalbo & Marco Sorrentino & Margherita Smarra, 2018. "Earnings Management and State Ownership: A Literature Review," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(6), pages 117-117, April.
    20. Gupta, Manash Ranjan & Dutta, Priya Brata, 2010. "Skilled-unskilled wage inequality: A general equilibrium analysis," Research in Economics, Elsevier, vol. 64(4), pages 247-263, December.

    More about this item

    Keywords

    Pancasila; Economic System; Globalization;
    All these keywords.

    JEL classification:

    • F6 - International Economics - - Economic Impacts of Globalization
    • P - Political Economy and Comparative Economic Systems

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2015-04-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.