LITERATURE SURVEY: GROWTH AND STABILITY

Donni Anugrah, Aryo Sasongko, Wahyoe Soedarmono and Andi Tiara Putri Marasanti
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Aryo Sasongko: Bank Indonesia
Andi Tiara Putri Marasanti: Bank Indonesia

No WP/08/2023, Working Papers from 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.

Keywords: Economic Growth; Macroeconomic Model; Literature Survey (search for similar items in EconPapers)
JEL-codes: O40 O42 O47 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2023
New Economics Papers: this item is included in nep-cse, nep-gro, nep-sbm and nep-sea
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http://publication-bi.org/repec/idn/wpaper/WP082023.pdf First version, 2023 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:idn:wpaper:wp082023

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