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State Financial System in Indonesia: Some Recent Developments

The Indonesian Journal of International Clinical Legal Education · Vol. 2 No. 2 (2020) · hlm. 147–166

DOI
10.15294/iccle.v2i2.36389
ISSN
2721-8368
Terbit
2020-09-30
Penerbit
Universitas Negeri Semarang
Bahasa
eng
Lisensi
creativecommons.org/licenses/by-sa/4.0

Abstrak

The history of the development of the Indonesian financial system, the system of financial institutions underwent a very fundamental change, especially after entering the era of deregulation, the policy package October 27, 1988 which then continued with the enactment of several laws in the field of finance and banking since 1992, starting from the Banking Act, Act Insurance Act, Pension Fund Act, Capital Market Law, until the Bank Indonesia Law. The consequence of the issuance of this law is the change in the structure of the financial institutions in Indonesia. In addition, from the aspect of regulation and fostering, financial institutions are becoming increasingly clear and strong because they already have legal power, especially in the field of insurance and pension funds, which were previously legally regulated only on financial ministerial decisions. This paper analyzes the latest developments in the country's financial system in Indonesia. This paper aims to provide an overview, study, and compare about the developing financial system in Indonesia with several cases of existing financial systems both domestically and abroad. This paper also uses a comparative model of laws, where these laws relate directly or indirectly to the country's financial system.

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  • Universitas Respati Yogyakarta
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Rekan penulisOrganisasiArtikel bersama
Sri LestariUniversitas Respati Yogyakarta4
Aprila NiravitaAfiliasi tidak diketahui4
Fiany Alifia LasnitaAfiliasi tidak diketahui3
Susilo SusiloAfiliasi tidak diketahui2
Anita Carolina RajagukgukAfiliasi tidak diketahui2
Dwi LestariAfiliasi tidak diketahui2
Rofi WahanisaAfiliasi tidak diketahui2
Malik Akbar Mulki RahmanAfiliasi tidak diketahui2
Seno Adhi WibowoAfiliasi tidak diketahui2
Natasya ArsyiprameswariAfiliasi tidak diketahui2
Vania Shafira YuniarAfiliasi tidak diketahui2
Bimo Satria Fajrin NugrohoAfiliasi tidak diketahui1
Jihan Syahida SulistyantiAfiliasi tidak diketahui1
Ahmad Faris ZamakhsyariAfiliasi tidak diketahui1
Rasyanahla Ghaffar BaharudinsyahAfiliasi tidak diketahui1
Suci NabillaAfiliasi tidak diketahui1

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Sumber metadata: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/iccle/oai, pertama di-harvest 5 Nov 2026, terakhir terlihat 5 Nov 2026.
Metadata asli (oai_dc) 
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	<dc:title xml:lang="en">State Financial System in Indonesia: Some Recent Developments</dc:title>
	<dc:creator xml:lang="en">Muhamad Adji Rahardian Utama</dc:creator>
	<dc:creator xml:lang="en">Muhammad Reza Maulana</dc:creator>
	<dc:creator xml:lang="en">Fadhilah Rizky Aftriani Putri</dc:creator>
	<dc:creator xml:lang="en">Fauziah Ramadhani</dc:creator>
	<dc:creator xml:lang="en">Setyarini Nur Octaviana</dc:creator>
	<dc:description xml:lang="en">The history of the development of the Indonesian financial system, the system of financial institutions underwent a very fundamental change, especially after entering the era of deregulation, the policy package October 27, 1988 which then continued with the enactment of several laws in the field of finance and banking since 1992, starting from the Banking Act, Act Insurance Act, Pension Fund Act, Capital Market Law, until the Bank Indonesia Law. The consequence of the issuance of this law is the change in the structure of the financial institutions in Indonesia. In addition, from the aspect of regulation and fostering, financial institutions are becoming increasingly clear and strong because they already have legal power, especially in the field of insurance and pension funds, which were previously legally regulated only on financial ministerial decisions.&amp;nbsp;This paper analyzes the latest developments in the country's financial system in Indonesia. This paper aims to provide an overview, study, and compare about the developing financial system in Indonesia with several cases of existing financial systems both domestically and abroad. This paper also uses a comparative model of laws, where these laws relate directly or indirectly to the country's financial system.</dc:description>
	<dc:publisher xml:lang="en">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2020-09-30</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/iccle/article/view/36389</dc:identifier>
	<dc:identifier>10.15294/iccle.v2i2.36389</dc:identifier>
	<dc:source xml:lang="en">The Indonesian Journal of International Clinical Legal Education; Vol. 2 No. 2 (2020): June; 147-166</dc:source>
	<dc:source>2721-8368</dc:source>
	<dc:source>10.15294/iccle.v2i2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/iccle/article/view/36389/6901</dc:relation>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by-sa/4.0</dc:rights>
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