At present, the world economy is in uncertainty. One reason is that two economically large countries, the United States (US) and China are in conflict and beat the drums of trade war. This is indicated by the policy of US applying tariffs on a number of Chinese products, and then responded very quickly by China by implementing a reply tariff. The aim of this study is to analyze the economic consequences of the US-China trade war for Indonesia and Indonesia's strategies to respond to the trade war. The analytical method used is the Global Trade Analysis Project (GTAP) model. The results of the analysis show that the consequences of the US-China trade war on the found that trade wars between the US and China had an impact on the decline in the total output of goods produced by the US and China by 3.91% and 2.67% respectively. But the economic growth (PDB) of the US and China will be corrected by 0.08% and 0.66% respectively. Exports are still affected by -0.24% with greater implications. It means Indonesia has not been able to take advantage of the situation as a source of economic growth (GDP) projected to only increase by 0.01%. This means that Indonesia also needs to improve, so that investment in the real sector continues to flow profusely even though the China-US trade war has not been completed. The recommendation suggested that in the short-term strategies that need to be done are increasing export competitiveness, encouraging export-oriented industrial productivity, expanding and strengthening domestic and world markets, and controlling the amount of imports. In the longterm strategies include the need to improve the quality of human resources in the trade and industry sectors, utilization of the results of research and development, and infrastructure development is right on target for increased productivity.

Abstrak Kehadiran ekonomi digital sebagai bagian dari revolusi industri 4.0 yang telah membuka peluang baru dalam bidang perdagangan dan menjembatani kepentingan produsen, konsumen, dan pasar tanpa dibatasi ruang dan waktu. Tujuan penelitian ini adalah menganalisis dampak pemanfaatan teknologi digital pada sektor perdagangan terhadap produktivitasnya, penyerapan tenaga kerja dan pertumbuhan ekonomi. Metode analisis yang digunakan adalah metode analisis model Computable General Equilibrium (CGE) dinamik. Hasil analisis menunjukkan digitalisasi di sektor perdagangan meningkatkan jumlah outputnya sebagai produktivitas jangka pendek dan panjang. Adapun dampak terhadap penyerapan tenaga kerja di perkotaan dan pedesaan menurunkan jenis pekerjaan tertentu pada periode analisis terutama tenaga kerja terampil rendah. Selanjutnya dampak terhadap GDP riil meningkat pada periode analisis. Kebijakan yang direkomendasikan adalah perlu perbaikan akurasi dan validitas database produk-produk yang kompetitif, strategi antisipatif untuk tenaga kerja yang terdistrupsi, pelayanan perizinan akses semakin mudah, optimalisasi aplikasi teknologi digital dalam tata kelola perdagangan, dan perbaikan sarana prasarana informasi dan teknologi. Kata Kunci: Teknologi Digital, Produktivitas, Tenaga Kerja, Pertumbuhan Ekonomi   Abstract The presence of a digital economy as part of the industrial revolution 4.0 has opened up new opportunities in trade and bridged the interests of producers, consumers, and markets without being constrained by time and space. The study aims to analyze the impact of digital technology utilization on the trade sector on its productivity, labor, and economic growth. The analysis method used is the Dynamic Computable General Equilibrium (CGE) model. The analysis results show that digitalization in the trade sector increases output as productivity in the short and long term. The impact on labor in urban and rural areas reduces certain types of work in the analysis period, especially low skilled labor. Furthermore, during the analysis period, the impact on real GDP increases. The recommended policy is to improve the accuracy and validity of competitive products' database, anticipatory strategies for labor that have disrupted, easier access licensing services, optimization of digital technology applications in trade governance, and improvement of information and technology infrastructure. Keywords: Digital Technology, Productivity, Labor, Economic Growth JEL Classification: F12, F13, F15

This paper examines episodes of capital bonanzas and sudden stops in Indonesia by utilising binary response models and several episode-identification approaches. Our identification suggests that whenever bonanza episodes occurred, capital sudden stop episodes followed in a more extended period. The estimations demonstrate that domestic factors are relatively dominant in determining the capital bonanzas, and the federal funds rate has a more significant impact on inducing the probability of capital sudden stops in Indonesia. We also found that Turkey and South Africa are the most contagious economies for Indonesia. This paper proposes some policy reforms to enhance the stability of capital inflows in Indonesia, including financial regulation and public finance policies such as a reverse Tobin tax and market-driven public debt rules.

Maritime development effort can not be separated from the development of strategic environments that include the supporting economic environment both on a regional scale, national, even at the global level. The aim of this study is (1) mapping out the opportunities and threats of the maritime sector in Indonesia based on the dynamics of the domestic and global environment, and (2) to formulate the maritime development policy strategy within the framework of national investment development. The method used is SWOT analysis. The results of the study indicate that opportunities that can be utilized for the benefit of domestic development can be seen from the potential of marine in the territory of Indonesia. The threat of the maritime sector comes from internal and external. The internal factors of inequality and disparity gap of development. The external factors threats are border disputes and lack of law enforcement, defense and security controls in border areas. The recommended policy suggested that government needs to do maritime-oriented development, connectivity through strengthening logistics and marine economy, economic development about prosperity approach and security, controlling related with the nation's authority and maritime, and reorientation of development towards maritime development with the achievement of planting more progressive capital.