Open AccessThe Effect of Government Bonds, Inflation, And Exchange Rate in Achieving SDGs
Author(s) -
Muhammad Bakri,
Anastasya Utami
Publication year - 2021
Publication title -
jurnal manajemen keuangan publik
Language(s) - English
Resource type - Journals
ISSN - 2581-1207
DOI - 10.31092/jmkp.v5i2.1379
Subject(s) - exchange rate , inflation (cosmology) , economics , poverty , government (linguistics) , monetary economics , real interest rate , sustainable growth rate , bond , macroeconomics , interest rate , economic growth , finance , linguistics , philosophy , physics , theoretical physics
This study aims to examine the effect of bonds, inflation rates, and exchange rates on economic growth to achieve Indonesia's 2030 sustainable development goals, namely reducing government and poverty. This study uses a quantitative regression analysis method with a path analysis approach to determine the direct or indirect effect between variables. The variables used are published values, inflation, exchange rates, economic growth, poverty rates, and poverty in Indonesia in 2016-2020. Based on the path analysis, the coefficient of determination of 60.72% indicates that the diversity of the data of 60.72% can be explained in the model. Government Bonds have a direct and significant effect on the economic growth of -1,243. Government obligations indirectly affect the level of movement and mission of 1,098 and 1,128, respectively. The inflation rate directly affects the rate of economic growth of 0.712. The inflation rate has no direct effect on the movement level and poverty of -0.6294 and -0.6644. The exchange rate has no significant direct or indirect effect on economic growth, movement, and poverty. This study concludes that the government needs to control inflation and inflation so that the economy can be achieved and reduce inflation and poverty.Keywords: Government Bond, Inflation Rate, Exchange Rate, Economic Growth, SDG’s