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1. MID-TERM
“Impact Of Globalization For The Development Of The National Economy”
Hanna Rusnovia Deva Fabiola Callista Istahibbu Bil Haq

2. Globalization, or international integration, is the process of gradual integration and interaction
between different entities, individuals and countries around the world. All are connected to each
other.
The political system in Indonesia has
changed from authoritarian to democratic
after reflecting on other countries, the
influence of other countries brings
transparency and produces a perception of
good government for Indonesia.
We listen to music from outside
Indonesia in public places such as
malls, places to eat, etc.
Refers to the openness of trade and
services, investment and financial
flows
Politic Social Economic

3. Countries, especially ASEAN member
countries, experienced a change in level
globalization from year to year. The level of
globalization of the country can be seen from
the index globalization KOF
(Konjunkturforschungsstelle).
The Globalization of a country can be seen in the KOF Index
Ying et al (2014) Said that an increase in
globalization of about 1 percentage point
lifts economic growth by 1.48%, in
particular because of technological advances.
Dreher (2006) and Vogiatzoglou (2014) said that
economic globalization has a positive effect on
economic growth.
Country Growth
Index KOF

4. Globalization has an impact on the country's economic growth, but the development of globalization is not certain to
increase economic growth.This following is a statement that shows the impact of globalization and has a positive effect on
economic growth
Free Trade
International Market
Multinational
Company In Indonesia
Tourism
FDI
The presence of this international market can be utilized by a company whose sales of goods and
services have exceeded the needs of consumers in the domestic area so that these companies
can enter the international market and seek consumers in a wider market share
Companies originating from abroad can freely enter a country so that products can freely enter the
domestic market such as; McDonald's, KFC, Nike
Globalization can be an arena between countries to promote tourism in a country, increasing the
number of tourists who come both domestic tourists and foreign tourists
FDI support foreign companies generate higher value, which in turn will have an impact on the
added value for domestic companies

5. Globalization also has a negative impact on the economy
Stalled Local Industry Growth
The rapid flow of globalization in the economic sector has caused dependence on multinational
companies, this has resulted in the local industrial sector not being able to develop properly. The industry
brought in by multinational companies has led to a consumptive culture for local consumers, which can
kill local business units. For example, modern shopping centers controlled by foreigners has caused
shopping centers managed by locals to slowly die.
Social Gap Rising
Free competition in the international market causes industrial developed countries to grow and hinders
industrial economic growth in developing countries. This results in local markets in developing countries
being dominated by foreign industries, thus impacting local industries which will eventually die.
Capitalism
Capitalism itself is an economic system that is controlled by private owners with the aim of seeking
profits and a market economy, this capitalism occurs when the private sector controls the trade, industry
and production sectors. In this capitalist economic system, the beneficiaries are the shareholders,
because share prices and dividends will continue to increase and employees/laborers cannot enjoy it

6. How’s impact of the Indonesia
creative industry ?
What is Creative Industry in
Indonesia?
How does globalization impact
the creative industry for
economic development in
Indonesia?
Question
Types of research and data is Literature/normative research that examines document studies such as Journal
Data analysis in this study used descriptive qualitative analysis, by describing the data qualitatively in the form
of sentences (explanation)
Research Method

7. The concept of the creative economy was first
introduced by John Howkins in 2001 in his
book Creative Economy, How People Make
Money on Ideas
Creative economy is creation idea-based
added value born from resource creativity
human (creative person) and based
knowledge, including inheritance culture and
technology
Sector In Creative Economy

8. The contribution of the creative
economy to Indonesia's GDP
Increase Country
Revenue

9. Creative
Economy
Impact
Source : Bekraf Book 2020

10. The number in the picture shows
how much labor is absorbed and
reduces unemployment (poverty)
Source : Bekraf Book 2020

12. Sources, Supporting resources are resources, both natural resources and
cultural resources, which are inputs needed in the process of creating
value for creative works
Industry, is part of community activities related to the production,
distribution, exchange, and consumption of products and services
Financing, financing institutions play a role in channeling funding to
industry players who need it either in the form of capital, equity or loans
Marketing, creative work will be valuable if it finds its market. For the
creative industry market, market research is needed so that the work can
be accepted.
Technology and Infrstructure, An equally important challenge is providing
infrastructure, not only physical infrastructure such as roads but also
internet access

13. Apendix

14. ● Panji Sudono Bekti, Dr. Rachmad Kresna Sakti. 2019 . INFLUENCE OF GLOBALIZATION ON ECONOMIC GROWTH AND INCOME INEQUALITY IN
ASEAN
● Pangestu Mari Aika, Kiki Vericot. 2020. Economic Impact of Globalization in Indonesia . ERIA Discussion Paper Series
● Waluyo Dody Budi. Globalisation and deglobalisation: the Indonesian perspective . Deputy Governor of Bank Indonesia
● Dewi Mastriati Hini Hermala. 2019 . ANALYSIS OF THE IMPACT OF GLOBALIZATION ON INTERNATIONAL TRADE
● Kilic Cuneyt. 2015 . Effects of Globalization on Economic Growth: Panel Data Analysis for Developing Countries Faculty of Economics and Business
Administration, Canakkale Onsekiz Mart University, Canakkale 17000, Turkey .