intercafe_ipb@apps.ipb.ac.id +62 251-8377896

Measuring the Economic and Social Impact of the Indonesia Eximbank Guarantee Facility

Measuring the Economic and Social Impact of the Indonesia Eximbank Guarantee Facility

The Indonesian Export Financing Agency (LPEI) / Indonesia Eximbank has a vision to encourage national exports that are highly competitive globally. The guarantee facilities provided by LPEI are expected to have an impact on business actors in increasing exports and have a positive impact on economic and social aspects in Indonesia. This study aims to measure the economic and social impact of Indonesia Eximbank’s guarantee. This research method uses Computable General Equilibrium (CGE) and microsimulation. The results showed that the guarantee facility provided by LPEI contributed positively to the increase in GDP, household consumption, investment, exports, and imports. The sectors whose export value has increased in all simulations were the Other Crop Agriculture; Animal Husbandry and Its Products; Forestry and Hunting, Fisheries; Food, Beverage and Tobacco Industry; Hospitality, Land Transportation, and Bank and Insurance. The social impact of the guarantee facility provided by LPEI is able to reduce poverty levels at national and urban levels. Meanwhile, the Gini index ratio value shows that the guarantee facility has not been able to reduce income inequality. The increase in the value of the guarantee has proved an increase in performance and economic growth. In order for a sustainable increase in exports, the guarantee facilities really need to be improved.

Name of Client

Lembaga Pembiayaan Ekspor Indonesia (LPEI)

Key Person / Organized by

Dr. Tanti Novianti

Contact Person

email: intercafe_ipb@apps.ipb.ac.id, phone/fax: +62 251-8377896, +62 251-8348903