DAMPAK UTANG LUAR NEGERI DAN PMA TERHADAP PERTUMBUHAN EKONOMI INDONESIA PRA DAN PASCA KRISIS MONETER

Abstract

Economy Development needs capirtar. ':'nncing Beside rery on domestic source, the government arso rery onforeignfinancing (foreing Debt ;rtd Foreign Investment). lhe clways orrr*i thclyoreign fiiancingiorr"n ;,e-full for the economy development. The objective o7" tlri, research is to :'tdlvse the imp'ct of development financing ,our""i toward Indonesian.c .-tnomy growth. secondary data wos use interrelated with economy growth ;,nt the year I98l until 2003. Muttipte Linier Regressionwas use as statistic tool. Based on re.surt of this resurt was rmown rhatforeignfinancing source, '-:it as Foreign Debt and Foreign Investment gave signtficontty ani positive "aiact toward economy growth pre and post monetiry crisis in Indonesia. 'a qle domestic saving as finoncing soLrce g(Ne negative impact toword ionesions economy growth. This moy be iaused Fy th" searching and t",;4crgement of domestic financing was not optimum yit, it also caused with '-" leakage of development fund as the ffict of cirruption, coilu.sion and "tt :\tti.tm along with project mork up. It so happen with Rupiah depreciation and country Risk gave negative ''":'Lrcl toward economoy growth. Rupiah depreciation caused-insnbrT'ity in m: rvtory and real sector. while country riskiaused the climate of investment *;: not condusive- Based on the result of this research we sugge.sred to ,'ttt"'7ore the foreign debt, relgtgd with rupiah depreciation it is need i manage ilt- nxrofv more accurote, while instability in politic, law, economy and social 'r: :)v component of country risk rnust be stoped.