MINI RESEARCH

ECONOMIC GROWTH OF JOKOWI’S ERA

Arranged to fulfill the tasks of the Economic English course

Supporting lecturer : Andri Zainal,M.Si,ph.D. Ak,CA / Choms Gary GT Sibarani,S.Pd,M.Si

Arranged By :

AHDA CHAIRUNNISA 7183240031

MUHAMMAD FARHAN RAMADHAN 7183240028

STEFFANI T.M SIGALINGGING 7183540002

FACULTY OF ECONOMICS

ECONOMICS STUDY PROGRAM

2019
 ACKNOWLEDGMENT

Thank you, we pray to the Almighty God for the blessings and blessings of the author,
who can complete the English economy

Our authorization of the writer is aware that the smooth writing of Miniriset is thanks
to the help and motivation of various parties. Therefore, we want to express our gratitude to
those who have helped in the smooth writing of this miniriset.

In writing this article, the author has tried to present the best. The author hopes that
this miniriset can provide information and have benefits for all parties.

Medan, May 2019

Author

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 TABLE OF CONTENTS

ACKNOWLEDGMENT .............................................................................................. 1

TABLE OF CONTENTS ............................................................................................. 2

CHAPTER I. INTRODUCTION ................................................................................ 3

1.1 Background............................................................................................................... 3

1.2 Objectives ................................................................................................................. 3

1.3 Purposes.................................................................................................................... 3

CHAPTER II. LITERATURE OF STUDY ............................................................... 4

2.1 Economics Growth .................................................................................................. 4

2.2 Investment ............................................................................................................... 4

2.3 Import ...................................................................................................................... 5

2.4 Export ...................................................................................................................... 6

CHAPTER III. RESEARCH METHODOLOGY ..................................................... 7

CHAPTER IV. DISCUSSION ..................................................................................... 8

CHAPTER V. CLOSING......... ....................................................................................9

5.1 Conclusion ................................................................................................................ 9

5.2 Suggestions ............................................................................................................... 9

REFERENCES ........................................................................................................... 10

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 CHAPTER I
PRELIMINARY
1.1 Background
Economic growth is a process of changing economic conditions a country continually
leads to a better situation during certain period. An economy is said to experience a change
development if the level of economic activity is higher than that achieved in the past. The
success of a region's development can be seen from the level economic growth. Therefore, each
region always sets targets high level of economic growth in planning and goals regional
development. High and sustainable economic growth is the main condition for the continuity
of economic development.
The problems of Indonesian economic development in the government of Mr Jokowi -
Jk Because Jokowi-Jusuf Kalla (JK) is optimistic that economic growth can penetrate 7% from
paying attention to investment, regulation and industrial development. This was conveyed by
Jokowi during the debate in April 2014 ago.
1.2 Objectives
 What is meant by economic growth?
 What are the factors that influence economic growth in a country?
 How is economic growth in Indonesia?
1.3 Purposes
 To find out the meaning of economic growth.
 To find out the factors that influence economic growth in a country.
 To find out how economic growth in Indonesia in the Jokowi era.

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 CHAPTER II
LITERATURE OF STUDY

2.1 ECONOMICS GROWTH

One indicator of the success of the country's economic development is the occurrence
of economic growth in which there is an increase in people's income. Economic development
in a region cannot be separated from economic growth
(Economic Growth), where economic development encourages economic growth and vice
versa economic growth facilitates economic development of a country and region. According
to Boediono in Tarigan (2007) economic growth is the process of increasing output per capita
in the long run. Economic growth is the process by which gross national product increases or
real national income. In this case economic growth is needed in order to improve the standard
of living and the welfare of society in general
Definition of Economic Expenditure is Income Expenditures due to Production
Expenditures of goods and services. The increase in income does not require an increase in
population, and we can see from increased output, technological developments, and various
innovations in the social field.
Related to the economy can also be interpreted as a process of changing the state in a certain
period of time towards a better economy. Economic growth is synonymous with increasing
production capacity realized through increased national income.

2.2 INVESMENT
Understanding investment according to KBBI (Big Dictionary of Indonesian
Language) is the planting of money or capital in a company or project for the purpose of gaining
profit.
The meaning of investment according to Sadono Sukirno is an expenditure or
expenditure of capital growers or companies to buy capital goods and also production
equipment to increase the ability to produce goods and also the services available in the
economy.

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2.3 IMPORT
According to Marolop Tandjung (2011: 379), the definition of import is a trade activity by
entering goods from abroad into Indonesian customs areas in accordance with the applicable
rules and regulations.
As mentioned above, import is entering goods from customs of other countries into the
customs area in the country. In general, import activities will be related to customs, both in
sending and receiving countries. The objectives and benefits of import activities are as follows:
1. Getting Raw Materials
The production activities of a country often require certain raw materials that are not
available or limited within the country. To ensure the availability of raw material supplies for
production activities, the country imports raw materials needed from other countries.
2. Getting the Latest Technology
In various economic and business activities, for example to produce certain goods /
services, it often requires the support of equipment with the latest technology that is not
available domestically. To support the production of goods / services more efficiently,
Indonesia imports these tools from other countries
3. Increase Foreign Exchange Income
In addition to exports, import activities can also increase a country's foreign exchange
income. This is influenced by various factors, for example from the value of import duties on
imported goods which is quite large.
Types of Imports
Based on its activities, imports can be divided into several types. There are types of
imports as follows:
1. Imports to Use; activities of entering goods / services into the Indonesian customs area for
the purpose of being used, owned or controlled by persons domiciled in Indonesia.
2. Temporary imports; activities of entering goods / services into the Indonesian customs area
where the purpose is to be re-exported abroad for a maximum of 3 years.
3. Imports Continue to Continue / Continue; activities of transporting goods by means of
transport through an office to another office without the process of demolition first.
4. Import to be stockpiled; the activity of transporting goods by means of transport through an
office to another office by carrying out the demolition process first.
5. Imports for Re-exports; activities to transport imported goods that are still inside the customs
area to be re-exported abroad. This is done on goods

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6. import with conditions; not according to order, incorrectly sent, damaged, does not meet
technical requirements, changes in regulations occur.
2.4 EXPORT
Exports are one of the economic activities carried out by selling or removing goods from
within the country and sent to other countries.Usually this trade is carried out if a country
produces these items in large quantities.

According to Marolop Tanjung (2011: 63), the definition of exports is the expenditure of
goods from the Indonesian customs area to be sent abroad by following the applicable
provisions, especially regarding customs regulations.

When that happens, the country can send it abroad because domestic needs have been
met. If we carry out export activities on a large scale, the shipment must be assisted by
customs in the recipient country and the sender

There are several terms and conditions that must be fulfilled in this activity to make it
safer. Because each country has different terms and conditions.

The purpose of this export activity is to make the business world more conducive. In addition,
this also aims to control the price of domestic export products.

On the other hand, this can also keep the foreign exchange rate stable. In addition, it is
also useful to expand the market for Indonesia and increase foreign exchange.

who switch to cheaper products so that demand decreases, eventually the offer is reduced.

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 CHAPTER III
RESEARCH METHODOLOGY

In the preparation of this mini research paper, the authors used indirect observation
research methods for direct interest. And the data used is pure data.
Research is purely different from other studies. The characteristics of pure research
include:

1. In pure research data is collected in natural or natural conditions.

2. Researchers as a research tool, meaning researchers as the main tool of data collection with
data collection methods based on observations in article data.

3. In pure research endeavored to collect data then written in reports in the form of words,
images, and numbers.

4. Background behavior or deeds are sought for meaning, thus what is behind human behavior
is the main thing for pure research.

5. Concerned contextual details. The researcher collects and records very detailed data on
matters considered that are related to the problem under study.

6. Purfosif sampling takes qualitative methods using samples that are few and selected
according to the research objectives.

Theory is basic. With data obtained from the research conclusions or theories can be
formulated

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 CHAPTER IV
DISCUSSION

4.1 Research result

In this Mini Research study the compilers made observations According to Head of
BPS Suhariyanto, 2018 economic growth of 5.17 percent was higher than 2017 which was only
5.07 percent. "In the midst of the global economic challenges, this 5.17 percent is an
encouraging achievement," he said at the BPS Head Office, Jakarta, Wednesday (02/06/2019).
When viewed further back, 2018 economic growth is the highest since 2014, or since the era
of President Joko Widodo's leadership. In 2014, the national economy grew 5.01. Whereas in
2015, 2016 and 2017 the economy grew 4.88 percent, 5.03 percent and 5.07 percent. The
structure of Indonesia's 2018 economic growth is supported by household consumption
growing 5.08 percent, investment (PMTB) 6.01 percent, exports 4.33 percent, 4.56 percent
government consumption. While the consumption of non-household institutions (LNPRT)
grew 10.79 percent and imports grew 7.10 percent. Overall, Indonesia's 2018 GDP capita is
Rp. 56 million, or 3,927 US dollars.

From the results of our observations about economic development during the leadership
of Mr. Jokowi-Jk :
1. In 2018 the Indonesian economy reaches 5.17%.
2. In 2015,2016,2017 the economy grew 4.88%, 5.3%, 5.7%
3. Imports have grown by 7.10%
4. Inflation experienced by dindonesia in March 2019 2.48%

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 CHAPTER V
CLOSING

5.1 Conclusion

In Indonesia's economic growth in the position of 5.17% good growth because

Indonesian inflation ranges at 2.7% then in the leadership of Mr. Jokowi the economy is
progressing macro.
It can be concluded that the condition of the percentage of economic growth rate and
inflation rate shows that Indonesia's economic condition is still good but tends to decline due
to economic growth that has not moved far from previous years and the inflation rate has not
been stable.

5.2 suggestion
Suggestions for the next leader or president may provide ideas or thoughts on economic
growth in Indonesia, as well as making policies that encourage economic growth and can
stabilize the inflation rate.

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 REFERENCES

https://www.maxmanroe.com/vid/bisnis/pertumbuhan-ekonomi.html
https://nasional.kontan.co.id/news/berikut-ini-kerja-ekonomi-jokowi-jk-selama-2014-
2019?utm_source=dable
http://www.djppr.kemenkeu.go.id/pahamiutang/
https://www.bi.go.id/id/moneter/inflasi/data/Default.aspx
https://bolasalju.com/artikel/inflasi-indonesia-10-tahun/

http://scholar.unand.ac.id/8998/2/2.%20BAB%201.pdf
http://digilib.unila.ac.id/7218/15/BAB%20I.pdf
https://www.maxmanroe.com/vid/bisnis/pengertian-impor.html
https://www.maxmanroe.com/vid/bisnis/pengertian-ekspor.html
https://www.zonareferensi.com/?s=Pengertian+impor+menurut+para+ahli

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