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Literature Survey: Growth And Stability

Author

Listed:
  • Donni Fajar Anugrah

    (Bank Indonesia)

  • Aryo Sasongko

    (Bank Indonesia)

  • Wahyoe Soedarmono

    (Sampoerna University)

  • Andi Tiara Putri Marasanti

    (Bank Indonesia)

Abstract

The foundation of a strong and resilient economy can be done through implementing accelerated policy in various economic sectors to keep the growth trends positive and sustainable. Thus, one of the things that can promote sustainable growth is conducting a comprehensive study about the related topic. Using literature survey method, this study aims to serve a comprehensive literature review from internal Bank Indonesia, and to identify research gaps between studies to help further research. This study mainly discusses and analyses 123 research conducted by Bank Indonesia from 1993 to 2022. These prior findings explained that Indonesia’s economic growth has consistently been promoted by capital, labour, and innovation. Both human capital and research and development (R&D) also positively boost economic growth. Furthermore, Bank Indonesia has also conducted extensive research about growth diagnostic and growth strategy. To complete the findings, this study also included previous research about macroeconomic modelling arranged by Bank Indonesia.

Suggested Citation

  • Donni Fajar Anugrah & Aryo Sasongko & Wahyoe Soedarmono & Andi Tiara Putri Marasanti, 2023. "Literature Survey: Growth And Stability," Working Papers WP/08/2023, Bank Indonesia.
    • Handle: RePEc:idn:wpaper:wp082023
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    Economic Growth; Macroeconomic Model; Literature Survey;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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