CD Skripsi
Motivasi Indonesia Bergabung Dalam Perjanjian Lcs (Local Currency Settlement)
The purpose of this study is to find out the purposes of Indonesia joined the
Local Currency Settlement (LCS) agreement and to analyzed the motivation of
Indonesia to join together with Malaysia and Thailand. The use of local currency
as an alternative to facilitate trade transactions among Indonesia, Malaysia and
Thailand by increasing the use of each country's local currency and reducing
dependenccy on the US dollar.
In this paper, the author used qualitative research, which is done by
explaining the case based on facts. Liberalism theory helps to analyze the role of
Nation Actor, through International Trade. Another theoretical framework
applied in this research are International Cooperation theory and also the
concept of National Interests to assisting the author to find the answers in this
case. The techniques used to collect data to study the case in the form of journals,
books, an official document, and websites.
The results of this study indicate that the agreement Local Currency
Settlement (LCS) among Indonesia, Malaysia and Thailand to assist in completing
transactions by using each country's local currency and increase trade also
investment among these three countries. The development of LCS shows good
progress and then it developed into the investment sector. In the period 2015 to
2018 there was an increase in the trade balance between the three countries,
while in 2019 there was a decrease in the trade balance due to the fluctuating
exchange rate of the US dolar. In addition, the establishment of implementing
regulations by Bank Indonesia provides an impetus for Indonesia to continue to
increase the use of local currency and expand to the services and investment
sectors
Keyword(s): bilateral, Indonesia, LCS, local currency, Malaysia, motivation,
Thailand
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