Enhancing Economic Growth through BMDTP Policy Interventions in the Electronics Industry

Abstract

This study provides an overview of Government Borne Import Duty (BMDTP) utilization in Indonesia's electronics industry, using analytical tools such as Compound Annual Growth Rate (CAGR) and Inter-Industry Trade Index (IIT). The discourse reveals intricate insights into industry dynamics, policy implications, and global market interactions. Initiatives such as the Government Borne Import Duty (BMDTP) policy incentivize domestic industry, improving competitiveness and productivity. The export and import trends show positive growth and high inter-industry trade intensity (IIT), indicating a potential for specialization and consumer benefits. Through rigorous analysis and policy considerations, this study highlights the influence of government, the intricacies of trade, and the prospects for sustainable growth in an evolving global market.