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The national emblem of Indonesia contains a shield that represents Pancasila. Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1]
Open economies offer several advantages to their citizens. One key benefit is that consumers have access to a broader variety of goods and services. Additionally, citizens can invest their savings in foreign markets, potentially offering better returns.
BUMDes-run convenience store in Kebumen Regency. A village-owned enterprise (Indonesian: Badan Usaha Milik Desa), often shortened to BUMDes or BUM Desa, is a type of company that is managed and established by an Indonesian village.
The economy of New Zealand is a highly developed free-market economy. [23] It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP).
The Coordinating Ministry for Economic Affairs (Indonesian: Kementerian Koordinator Bidang Perekonomian) is an Indonesian government ministry in charge of planning and policy co-ordination, as well as synchronisation of policies in the field of economics.
The COVID-19 pandemic in Indonesia is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).