Tugas Akhir Bahasa Inggirs 1 (Economy System in Soekarno Era)

Economy System in Seokarno Era

In the era of guided democracy, President Soekarno carried out a Guided Economy system. In this economic system, the president is directly involved and regulates the economy. All economic activities are centered on the central government. As a result, economic activities in the regions have been disrupted and decreased. In the era of guided economy, Indonesia has repeatedly changed its economic design along with the success of the cabinet in power. Like other developing countries which were just released from colonial rule, economic policies in Indonesia in the early 1950s were largely shaped by influencing objective social and economic problems that confronted the state and the basic economic ideas of the the main economic policy maker. Faced with the daunting task of reconciling the urgent need to rehabilitate the economy which suffered widespread destruction during the Japanese population and revolution, with strong general demand to turn the colonial economy into a national economy. When Indonesia adheres to a government-led economy, it has put inward-locking police policies. This policy is characterized by the policy of "Berdikari" or standing on its own feet, and a very restrictive policy, and then rejecting foreign investment altogether.

Tugas Akhir Bahasa Inggris 1 (The Best Economy System For Indonesia)

The Best Economy System For Indonesia

The economic system is a system setup and establish economic relations between people with a set of institutional in the order of life. Furthermore the economic system relate to the philosophy, views and lifestyle of the society in which it rests. As with other economic systems, the Indonesian economic system has four subsystems, namely, ownership of resources, economic actors, economic governance, and welfare. The Indonesian state uses the Pancasila economic system, which is an economic system that takes good things from the capitalist and communist economic systems and discards the bad of both. The Capitalist economic system is Market Mechanism, that is, everything about the economy is left to the market. While the Communist economic system is a Centralistic economic system, that is, everything is regulated by the government. Basically the mix economic system is the most appropriate for managing the economy in Indonesia, however lately the Indonesian economic system is increasingly leaning towards liberal and capitalist economies, this is marked by the swift foreign capital entering Indonesia. This trend was driven by the swift flow of globalization and the dissolution of a number of communist countries in Eastern Europe with a system of economic socialism-communism. Therefore, Indonesia is not suitable to use a pure capitalist economic system or pure communism. The economic system that has been embraced by Indonesia namely the Pancasila (mixed) economic system is a very good economic system. It's just the problem of how it is applied in reality now.