Haryono Haryono

The Relationship between Public Debt, Government Efficiency, and Corruption Control on Fiscal Sustainability in Indonesia

Introduction

The relationship between public debt, government efficiency, and corruption control on fiscal sustainability in indonesia. Explore public debt, government efficiency & corruption control's impact on Indonesia's fiscal sustainability. Inefficiency & corruption undermine resource use, hindering long-term fiscal stability. Essential for policy makers.

Abstract

This study explores the relationship between public debt, government efficiency, and corruption control in the context of fiscal sustainability in Indonesia. Using a normative qualitative research approach, the study analyzes legal frameworks, government policies, and institutional reports to assess how these three factors interact and affect fiscal health. The findings indicate that while Indonesia’s public debt remains within manageable limits, challenges in government efficiency and corruption control undermine the optimal use of public resources and exacerbate fiscal deficits. The analysis highlights that inefficient government operations, combined with corruption, contribute to the misallocation of debt-financed resources, thereby hindering fiscal sustainability. The study concludes that improving debt management, enhancing government efficiency, and strengthening anti-corruption measures are essential for ensuring long-term fiscal stability in Indonesia.

Review

This study addresses a highly relevant and timely topic concerning the intricate relationship between public debt, government efficiency, and corruption control in the context of Indonesia's fiscal sustainability. The paper sets out to analyze how these critical factors interact and collectively impact the nation's fiscal health, employing a normative qualitative research approach. By examining legal frameworks, government policies, and institutional reports, the research aims to provide a comprehensive understanding of the challenges hindering optimal resource utilization and long-term financial stability in Indonesia, making a pertinent contribution to the literature on public finance and governance in developing economies. The findings presented indicate that while Indonesia's public debt levels currently remain manageable, significant challenges stemming from government inefficiency and corruption control pose considerable threats to fiscal health. The study effectively highlights how these systemic issues contribute to the misallocation of public resources, particularly those derived from debt financing, which subsequently exacerbates fiscal deficits and undermines the path to sustainability. The analysis convincingly argues that inadequate operational efficiency and unchecked corruption hinder the effective deployment of funds, thereby demonstrating a clear link between governance quality and fiscal outcomes. The conclusions rightly emphasize the imperative for improved debt management, enhanced government efficiency, and robust anti-corruption measures. While the abstract provides a compelling summary, a full paper would benefit from greater detail regarding the methodological application of the "normative qualitative research approach." Specifically, elaborating on how the "normative" dimension was integrated into the analysis of legal frameworks and reports, and the specific qualitative techniques used (e.g., thematic analysis, discourse analysis), would strengthen the methodological rigor and transparency. Furthermore, while the study identifies key areas for improvement, a deeper dive into concrete examples of inefficiency and the specific mechanisms through which corruption impacts debt-financed projects could provide more actionable insights for policymakers. Expanding on the theoretical contributions beyond the Indonesian context, or discussing the potential for comparative insights, could also enhance the study's broader scholarly impact.

Full Text

Comments

You need to be logged in to post a comment.