Revitalization of Pancasila Economic System in the Globalization Era

Waspodo Tjipto Subroto
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Waspodo Tjipto Subroto: Department of Economics, Faculty of Economics, State University of Surabaya, Indonesia

International Journal of Economics and Financial Issues, 2015, vol. 5, issue 4, 860-868

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.

Keywords: Pancasila; Economic System; Globalization (search for similar items in EconPapers)
JEL-codes: F6 P (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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