Fiscal Policy Strategies In Enhancing Economic Resilience

Daphne Pininta De Vega; Guntur Eko Saputro; Sri Murtiana

doi:10.55227/ijhess.v5i3.1978

Authors

Daphne Pininta De Vega Universitas Pertahanan RI
Guntur Eko Saputro Universitas Pertahanan RI
Sri Murtiana Universitas Pertahanan RI

DOI:

https://doi.org/10.55227/ijhess.v5i3.1978

Keywords:

Fiscal Policy, Economic Resilience, Government Spending, Tax Policy, Debt Management

Abstract

Economic resilience is a fundamental pillar of national stability, especially for countries like Indonesia that frequently confront internal and external shocks such as global financial crises, pandemics, and geopolitical tensions. Fiscal policy plays a central role in strengthening economic resilience by stabilizing growth, reducing inequality, and supporting sustainable development. However, despite extensive implementation, Indonesia’s fiscal policy has not yet achieved optimal outcomes, as evidenced by persistent regional disparities, limited fiscal space, and governance challenges. This research evaluates the effectiveness of fiscal policy in enhancing economic resilience, focusing on government spending, taxation policy, and debt management. Using a qualitative library research method, the study draws from academic literature, scientific journals, and policy documents, and employs George C. Edwards III’s Policy Implementation Theory, which emphasizes communication, resources, and bureaucracy as key determinants of policy success. The findings highlight three strategic issues: (1) rising government spending is constrained by bureaucratic inefficiency and unequal distribution, indicating the need for a spending strategy based on administrative simplification, data-driven allocation, and prioritization of lagging regions; (2) tax policy is weakened by tax avoidance, regulatory loopholes, and controversial amnesty programs, requiring a reform strategy centered on regulatory clarity, transparency, and strengthened corporate governance; and (3) although debt remains within safe limits, rising public debt increases long-term fiscal risks, underscoring the need for prudent, productivity-oriented debt management. In conclusion, this study affirms that Indonesia’s fiscal policy strategy has not yet fulfilled its role in promoting economic resilience. Strategic reforms in spending, taxation, and debt governance are required to align fiscal policy with national resilience objectives.

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