Vol 7, No 2 (2019)
REDENOMINATION: BETWEEN OPPORTUNITIES AND CHALLENGES Study of the Implementation of Redenomination in Indonesia
Priyono, Briyan Cadalora Putra, Cisa Cadalora Putri
Abstract
The purpose of this article is to describe the opportunities and challenges in redenomination in Indonesia. The application of Redenomination has the potential to strengthen exchange rates and show real economic conditions but also causes hyperinflation if the implementation of the time is not right. From these studies, it is shown that a strong understanding of redenomination policies seems to be the main success factor in the implementation of redenomination in Indonesia. Furthermore, businesses consider the Indonesian economy to be better in terms of prices and exchange rates. At the microeconomic level, businesses consider that redenomination facilitates the recording of simpler financial transactions and encourages more dynamic businesses and increases productivity.
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Keywords
Redenomination; Opportunities; Challenges.
Publication information
Volume 7, Issue 2
Year of Publication: 2019
ISSN: 1857 - 8721
Publisher: EDNOTERA
How to cite
Priyono, Putra, B.C., Putri, C.C: REDENOMINATION: BETWEEN OPPORTUNITIES AND CHALLENGES Study of the Implementation of Redenomination in Indonesia. Journal of Applied Economics and Business, Vol 7, No. 2, 5-27. (2019)