Business Law Policy in Socio-Political Perspective: Analysis of Implementation and Impact in Society
Year: 2024
Type: article
Abstract: This study analyses the implementation of business law policies in the socio-political context in Indonesia, focusing on their impact on society. Business law policies play an essential role in driving economic growth and public welfare but also face challenges in harmonisation between the central and regional governments and responses from various social groups. This study uses a descriptive-analytical approach with qualitative methods, involving in-depth interviews with policymakers, business actors, and the public and analysis of related documents. The study results indicate that effective business law policies can increase people's purchasing power, encourage investment, and increase exports. The involvement of various socio-political actors and local political dynamics dramatically influences the success of policy implementation. This study emphasises the importance of coordination between government institutions and active community participation in the legislative process to achieve the desired goals. Business law policies designed with socio-political context in mind can sustain sustainable positive impacts on Indonesia's economy and public welfare.
DOI: 10.61707/2nhbyb29
Author: Deny Haspada
Institution: Universitas Langlangbuana
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4401633358