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Fiscal Policy in Indonesia: Analysis of State Budget 2017 in Islamic Economic Perspective

Author

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  • Aan Jaelani

    (Faculty of Sharia and Islamic Economic, IAIN Syekh Nurjati Cirebon, Jl. Perjuangan By Pass Sunyaragi Cirebon, Indonesia.)

Abstract

This study ananlyze the State Budget (APBN) 2017 of Indonesia in Islamic economic perspective. The state budget is prepared using the rules of public economics consisting of state revenues, state expenditures, and budget financing has the posture of the budget, the issues of fiscal policy, and the role of the government in carrying out its functions. With the analysis of Islamic economics, fiscal policy in the State Budget 2017 is the duty of the government to implement the budget for the public welfare with indicators on aspects of religion (religious life), life (justice and security), intellect (education), descent (health and social security family), and treasure (income distribution and access to employment).

Suggested Citation

  • Aan Jaelani, 2017. "Fiscal Policy in Indonesia: Analysis of State Budget 2017 in Islamic Economic Perspective," International Journal of Economics and Financial Issues, Econjournals, vol. 7(5), pages 14-24.
    • Handle: RePEc:eco:journ1:2017-05-3
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    References listed on IDEAS

    as
    1. Jaelani, Aan, 2014. "KEUANGAN PUBLIK ISLAM:Refleksi APBN dan Politik Anggaran di Indonesia [ISLAM PUBLIC FINANCES:Reflections on the APBN and the Budget Politics in Indonesia]," MPRA Paper 69652, University Library of Munich, Germany, revised 20 Oct 2014.
    2. Alan J. Auerbach, 2003. "Fiscal Policy, Past and Present," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(1), pages 75-138.
    3. Jaelani, Aan, 2015. "Public financial management in Indonesia: Review of Islamic public finance," MPRA Paper 72340, University Library of Munich, Germany, revised 01 Nov 2015.
    4. Mara Eugenia Ramona & Inceu Adrian & Cuceu Ionut & Achim Monica Violeta, 2009. "The Impact Of Economic Crisis On The Fiscal Revenues," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 252-257, May.
    5. Alan J. Auerbach & William G. Gale, 2009. "Activist fiscal policy to stabilize economic activity," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 327-374.
    6. N. Gregory Mankiw, 2010. "Questions about fiscal policy: Implications from the financial crisis of 2008-2009," Review, Federal Reserve Bank of St. Louis, vol. 92(May), pages 177-183.
    7. Bartha, Zoltán & Sáfrányné Gubik, Andrea, 2012. "The significance of fiscal space in Europe’s response to the crisis," MPRA Paper 40346, University Library of Munich, Germany.
    8. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
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    Cited by:

    1. Jaelani, Aan, 2018. "Public expenditure management in Indonesia: Islamic economic review on state budget 2017," MPRA Paper 87025, University Library of Munich, Germany, revised 02 May 2018.
    2. Jaelani, Aan, 2018. "Sistem anggaran berbasis kinerja pada APBN di Indonesia perspektif ekonomi Islam [A performance-based budget system in Indonesia's state budget in Islamic economic perspective]," MPRA Paper 87984, University Library of Munich, Germany, revised 07 Jul 2018.
    3. Jaelani, Aan, 2017. "Energi baru terbarukan di Indonesia: Isyarat ilmiah al-Qur’an dan implementasinya dalam ekonomi Islam [Renewable energy policy in Indonesia: Scientific signs of the Qur'an and its implementation in," MPRA Paper 83314, University Library of Munich, Germany, revised 23 Oct 2017.
    4. Jaelani, Aan, 2018. "Relasi negara dan pasar bebas dalam mewujudkan keadilan ekonomi: Analisis sejarah keuangan publik Islam [State and free markets relation in realizing economic justice: Analysis of History of Islami," MPRA Paper 90963, University Library of Munich, Germany, revised 10 Dec 2018.
    5. Jaelani, Aan, 2017. "Manajemen pengeluaran publik di Indonesia: Tinjauan ekonomi Islam pada APBN 2017 [Public expenditure management in Indonesia: Islamic economic review on state budget 2017]," MPRA Paper 77423, University Library of Munich, Germany, revised 07 Mar 2017.

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    More about this item

    Keywords

    fiscal policy; state budget; welfare; maqashid shariah; Islamic economics;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • P43 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Finance; Public Finance

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