A Nation's Economic Autonomy

A Nation's Economic Autonomy

On Saturday, May 23rd 2015, the student board organization of the Faculty of Economics held a studium generale presenting the former Vice President of the Republic of Indonesia Prof. Boediono, Ph.D., who is also an expert on economics from Universitas Gadjah Mada as the keynote speaker. The seminar was held in the University Main Hall and also attended by Drs. Wardan Suyanto, Ed.D, the Vice Rector for Academic Affairs and Dr. Sugiharsono, M.Si.,the Dean of the Faculty of Economics. The theme for the seminar was “Establishing Indonesian Economic Autonomy Based on Five Principles Economic Democracy”
“We are proud of our students who have made make this seminar possible. We really appreciate their hardwork,” Drs. Wardan Suyanto, Ed.D. said.
In his presentation, Prof. Boediono emphasized that a country economic development is strongly related to its autonomy. In fulfilling the needs in the country, Indonesia should also interact with other nations and autonomy does not necessarily mean isolating itself from other countries.
Among the factors influencing the economic autonomy are politics and security, economic and financial conditions, as well as nature and climate.
Firstly, conflicts happening in the Middle East and Ukraine have certainly influenced the economic activities in those countries and at some stage halted the economic activities. Secondly, the slow economic growth also influences the economic autonomy of a nation. Thirdly, the nature and climate of a country also influences the economic autonomy in terms of food security considering the risks of natural disasters.
Further, he also explained that human development should be encouraged, by providing quality education. All sectors of government also have to coordinate and collaborate to realiase the economic autonomy and providing infrastructures to support the economic activities.

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