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

Study in Order to Measure Economic and Social Impacts on Indonesia Eximbank Insurance Facility

Study in Order to Measure Economic and Social Impacts on Indonesia Eximbank Insurance Facility

Indonesia Eximbank was established by the Government of Indonesia in order to reduce the impact of the weakening economy due to the global economic crisis in mid-2008. This study only focuses on one of the facilities provided by Indonesia Eximbank for exporters, namely insurance facilities. The objective of this study is to measure the impact of Indonesia Eximbank insurance facility on economic and social activities in Indonesia. The method used in this study is the Computable General Equibrilium (CGE) analysis model with Social Accounting Matrix (SAM) data as the main database and also Microsimulation analysis. The results show that export insurance has a positive contribution to real GDP, exports, imports, and tax revenue. However, different impacts were found for consumption, investment, and inflation component, where insurance facility did not have an impact on the components. The increase in exports occurred in most of the subsectors that received Indonesia Eximbank insurance facility in Indonesia. In line with the increasing output numbers and export quantities of several production sectors that obtain insurance facility, this will also increase the demand for labor in these sectors. From the social side, insurance facilities provided by Indonesia Eximbank tend to increase non-agriculture household income.

Name of Client

LPEI

Key Person / Organized by

Dr. Nunung Nuryartono

Contact Person

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