KEBIJAKAN FINANSIAL DAN FISKAL FIRDA HIDAYATI DR., S.Sos., M.P.A.

Slides:

Advertisements

Similar presentations

Expansionary and Contractionary Fiscal Policy

Advertisements

How does the government affect us? Mixed economies = government + private sector What is the best mix???

PART TWO: BANKING, FINANCE AND INVESTMENTS UAE Monetary Policies and the Role of the Central Bank CH 5.

Fiscal Policy. IMF Fiscal Indicators IMF Fiscal Monitor Crisis spreads to other countries Background Reading.

The Federal Government Taxes, Spending, and National Debt.

Monetary Policy. What is Monetary Policy? Monetary policy is the manipulation of the money supply, interest rates or exchange rates to influence the economy.

HEALTH of an ECONOMY PIE Production = P Income = I Employment = E.

Lesson 12-1 Fiscal Policy.

Fiscal Policy, Deficits, and Debt 13 McGraw-Hill/IrwinCopyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Economic Policymaking

Fiscal policy Changes in federal taxes and purchases that are intended to achieve macroeconomic policy objectives high employment price stability high.

1 Circular Flow Model : : Lets Simplify It. 2 Private Sector Circular Flow.

BUSINESS AND MANAGEMENT MODULE 1 BUSINESS ORGANIZATIONS & ENVIRONMENT.

Fiscal and Monetary Policy

Economics, Sixth Edition Boyes/Melvin

The Prudence of Investing – By Prof. Simply Simple Some people put their money in a bank account; some make investments in stocks and bonds. Different.

Economics Environment of Business. Economics Environment The definition of economic environment is the environment in which businesses operate that.

Fiscal Policy Changes in federal taxes and purchases.

Deficits and Debt.

KEBIJAKAN FISKAL, MONETER INFLASI DAN LAPANGAN KERJA.

The Federal Reserve and Monetary Policy

Fiscal Policy.  Fiscal policy refers to government policies, like taxes, government purchases, and laws. –Taxation policies –Government purchasing (buying.

Chapter 12 Econ104 Parks Fiscal Policy. Stabilization Policy Stabilization policy is an attempt to dampen the fluctuations in the economy's level of output.

Taxes & Gov’t Spending Fiscal Policy Monetary Policy Potpourri Federal Reserve & More Monetary Policy

Fiscal Policy Taxes and Spending. Agenda Whiteboards (10 minutes) Notes (20 minutes) Video (5-10 minutes)

Lesson 12-2 Issues in Fiscal Policy. Lags Discretionary fiscal policy is subject to the same lags as monetary policy—recognition lag, implementation lag,

KEBIJAKAN FINANSIAL DAN FISKAL FIRDA HIDAYATI DR., S.Sos., M.P.A.

Economics Chapter 15 Fiscal Policy. What Is Fiscal Policy? Fiscal policy is the federal government’s use of taxing and spending to keep the economy stable.

Economics Chapter 15 Fiscal Policy. What Is Fiscal Policy? Fiscal policy is the federal government’s use of taxing and spending to keep the economy stable.

Fiscal Policy  The use of changes in government spending and taxation revenue (budget) to 1. Reallocate resources 2. Redistribute income 3. Regulate the.

Essays (2) Answer one question from each section.

Monetary Policy Its impact upon our objectives.. Monetary Policy Definition Monetary policy is predominantly the changing of interest rates to effect.

FED Monetary Policy Monetary Policy Fiscal Policy Vocab ?

Public Finance ( 3 )1 Fiscal Policy Public Finance ( 3 )2 Ways to finance government expenditures in Hong Kong Tax revenue : direct and indirect taxes.

Introduction to Fiscal Policy!. Economy = Car Worst Drivers Ever Worst Drivers Ever.

MACROECONOMIC OBJECTIVES OF THE GOVERNMENT. Learning Objectives Identify the four major macroeconomic objectives; Explain how the government can control.

Congress The President BUDGET TaxesSpending Fiscal Policy.

Policy Making. Government Purposes and Public Policies A public policy is a general plan of action. A public policy is a general plan of action. All public.

Fiscal Policy Today’s LEQ: How do government policies and actions impact economic stability?

Fiscal Policy How the Government affects my money! Because the government is so large and has such an impact on business, the decisions it makes has a.

IGCSE®/O Level Economics

Macroeconomics, Part II Government Taxation and Spending, or Why Never to Give a Congressman Your Debit Card.

Fiscal Policy AS Economics. Income tax quiz 1. Why was income tax originally introduced? 2. When does income tax expire? 3. What does ‘PAYE’ stand for?

Consequences of Fiscal Policy. Fiscal Policy The use of government spending and revenue collection to influence the economy.

Fiscal Policy SSEMA3 a-b. Purpose of Fiscal Policy  The use of government spending and revenue collection (taxes) to influence the economy.

Fiscal Policy Changes in federal taxes and purchases.

1 Fiscal Policy © 2009, TESCCC. 2 Fiscal Policy defined The government’s (Congress and the President) use of taxing and spending to promote economic growth.

Role of Government. Fiscal Policy  Government uses its powers of expenditure, taxation, and borrowing to alter the size of the circular flow of income.

Supply-Side Economics

Fiscal Policy. Government Economic Policies Government Economic Policies Fiscal Policy Monetary Policy Supply Side Microeconomic Policy.

Fiscal Policy and Taxes Test Review Ch. 14 and 15.

Economics Unit 4: Macroeconomics Vocabulary Review.

1 Sect. 4 - National Income & Price Determination Module 16 - Income & Expenditure What you will learn: The nature of the multiplier The meaning of the.

  GDP (Gross Domestic Product) – Basic measure of a nation’s economic output and income. Total market value of all goods and services produced in the.

Intro to Fiscal and Monetary Policies Unit IV: Finance and Banking and Unit V: Inflation & Unemployment Stabilization Policies Mr. Griffin AP Econ – Macro.

Monetary Policy Tools Describe how the Federal Reserve uses the tools of monetary policy to promote price stability, full employment, and economic growth.

UNDERSTANDING TAXES AND GOVERNMENT SPENDING GOVERNMENT AND THE ECONOMY.

Chapter 7 Fiscal Policy and Monetary Policy

MONETARY POLICY.

MONETARY POLICY & FISCAL POLICY

Fiscal and Monetary Policy

Ch. 18 ECONOMIC POLICY.

Fiscal Policies Ngog Nliba Nguimbous.

Role of Government and Federal Reserve Bank in our economy

Fiscal Policy: Spending & Taxing

The use of government spending and taxation to stabilize the economy.

Demand Side Policies Fiscal Policy -1. Learning Outcomes -Explain the Government primarily earns revenue from taxes (direct & indirect). -Explain Government.

Fiscal Policy: Spending & Taxing

Presentation transcript:

KEBIJAKAN FINANSIAL DAN FISKAL FIRDA HIDAYATI DR., S.Sos., M.P.A

Controlling Economic policy  budget The allocative function- determining object of spending The stabilization function- fiscal and monetary policies The distributive function- of income or wealth at the various levels of society

PUBLIK FINANCE- SUBJECTS HOW TO SECURE AND SPEND ITS REVENUES? WHAT ARE RELEVANT DECISIONS TO BE MADE? WHAT ARE EFFECTS OF THE DECISIONS TO REMAINING MEMBER? WHAT ARE IMPACTS OF ITS BEHAVIOR ON INDIVIDUAL AND FIRMS? PROGRAMS EVALUATION GOVERNMENT? GENERAL WELFARE? DEMOCRATIC? COLLECTIVE DIMINISHING MARGINAL UTILITY? INDIVIDUAL PREFENCES? THE GOVERNMENT AS MEANS OF COLLECTIVE ACTION

WHY FINANCIAL POLICIES NEEDED Public accountability and transparency Ensuring a considered approach Consistency of decision making Clear guidance for staff

GOVERNMENT FINANCE POLICY ‘Economic Stimulus' Attempts by governments or government agencies to financially stimulate an economy. TOOLS: the use of monetary or fiscal policy changes to kick start a lagging or struggling economy.

GOVERNMENT FINANCE POLICIES MONETARY POLICY is government attempts to control the economy (money, credits, financial assets supply and financial markets) FISCAL POLICY is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy (Basri & Subri 2003)

INDONESIAN GOVERNMENT FINANCE MANAGEMENT DIRECT MANAGEMENT  REVENUE AND EXPENDITURE IN APBN SEPARATE MANAGEMENT STATE-OWNED ENTREPRISES

MONETER POLICY CASH RATIO (CADANGAN DAN OPERSIONAL) OPEN MARKET (SURAT BERHARGA) SUKU BUNGA KREDIT SUKU BUNGA DEPOSITO TIGHT VS EASY MONEY POLICY

FISCAL POLICY 1.EXPANSIONARY: SPENDS MORE, CUTS TAXES OR BOTH 2.CONTRACTIONARY : CUT SPENDING TO REDUCE HIGH INFLATION

EXPANSIONARY SPENDS MORE: PROGRAMS TO DIRECT MONEY TO CITIZENS PUBLIC WORKS PROJECTS CUTS TAXES : supply-side economics frees up businesses to hire more workers OR BOTH

EXPANSIONARY: WHY 1.POPULATION GROWTH  GOVERNMENT EMPLOYEE JOBS 2.WEALTH AND INCOME GAP EXIST 3.WAR OR THREAT OF WAR 4.INCREASE OF INTERGOVERNMENT EXPENDITURE 5.REAL INCOME INCREASE, DEMAND FOR PUBLIC GOODS INCREASE

CONTRACTIONARY TAXES ARE INCREASED AND SPENDING IS CUT SHORT-TERM PROGRAMS STABILIZATION FROM INFLATION

TOOLS TAXATION: OF INCOME, CAPITAL GAINS FROM INVESTMENTS, PROPERTY, SALES AND OTHERS TAXED OBJECT HAS LESS INCOME TO SPEND