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Original Research

INDONESIA'S G20 ECONOMY IN 2022: MANAGEMENT STRATEGY AND CHALLENGES

MOCHAMAD MOCHKLAS 1, HEPPI SYOFYA 2, KUNDORI KUNDORI 3, FARIDA ARIANTI 4, NIKEN PARAMITASARI 5and HAFIZH FITRIANNA 6.

Vol 17, No 06 ( 2022 )   |  DOI: 10.5281/zenodo.6821330   |   Author Affiliation: Universitas Muhammadiyah Surabaya,Surabaya,East Java, Indonesia 1; Sekolah Tinggi IlmuEkonomi Sakti AlamKerinci,Sungai Penuh, Jambi, Indonesia 2; Universitas Maritim AMNI Semarang, Semarang, Central Java, Indonesia 3; IAIN Batusangkar, Limo Kaum, West Sumatra,Indonesia 4; Institut Informatika dan BisnisDarmajaya, Lampung, Lampung, Indonesia 5; Universitas Negeri Yogyakarta,D.IYogyakarta, Indonesia 6.   |   Licensing: CC 4.0   |   Pg no: 2099-2104   |   To cite: MOCHAMAD MOCHKLAS, et al., (2022). INDONESIA'S G20 ECONOMY IN 2022: MANAGEMENT STRATEGY AND CHALLENGES. 17(06), 2099–2104. https://doi.org/10.5281/zenodo.6821330   |   Published on: 30-06-2022

Abstract

From an economic standpoint, gaining the G20 Presidency (mainly if the meeting is physically hosted) is expected to result in various immediate advantages, including raising domestic consumption to Rp1.7 trillion, increasing national GDP to Rp7.4 trillion, and engaging MSMEs and employment. Around 33,000 people work in a variety of areas. Indonesia can also balance industrialized and developing nations' interests and goals. This is a descriptive sort of qualitative study that tries to describe or characterize an issue. Descriptive research aims to correctly and methodically characterize a population, situation, or phenomena. This form of study may provide answers to the what, where, when, and how, but not to the why. Unlike experimental research, correlational research does not control or modify variables; rather, it observes and measures them. 2022, G20. To begin, let us consider the global health architecture. This topic is concerned with worldwide fundraising, resilience, and consistent global health standards. Second, economic and digital transformation will include a reimagining of global economic governance via digital technologies. The third area of focus is energy transition, in which the G20 will promote the development of a more global energy system. A smooth and equitable transition. The Sherpa track will include discussions on critical subjects such as anti-corruption, agriculture, the digital economy, jobs, health, the environment, sustainable energy, trade, and development investment. The conversation will center on economic problems affecting the financial sector, such as taxation, monetary policy, and fiscal policy.


Keywords

Economy, G20, GDP, Financial, Digital, MSMEs