Policy Analysis of Coastal-Based Special Economic Zone Development Using System Dynamics

Policy Analysis of Coastal-Based Special Economic Zone Development Using System Dynamics

Moeis, Armand Omar (Universitas Indonesia)
Gita, Agatha Ayu (Universitas Indonesia)
Destyanto, A.R. (TU Delft Policy Analysis; Universitas Indonesia)
Rahman, Irvanu (Universitas Indonesia; Karlsruhe Institut für Technologie)
Hidayatno, Akhmad (Universitas Indonesia)
Zagloel, Teuku Yuri (Universitas Indonesia)

2024

Special Economic Zone (SEZ) development is becoming a preferable policy by the Indonesian government to boost economic growth in less-developed local regions. This is because of the promise that SEZ could attract investment and job creation based on local competitive commodities. One of these areas is Bitung SEZ, North Sulawesi - Indonesia, a coastal-based SEZ, as its strategic position for logistics, fishery resources, and coconut plantation. To explore the promise of growth proposed by developing SEZ in Bitung, we developed a Systems Dynamics model of the interaction between economic growth, social development, and environmental impacts. Based on the model understanding and development, we identified three factors the Indonesian government should improve: coconut plantation productivity, fisheries ship management, and education index. With these three factors in mind, several policy options were tested in the model, resulting in a more substantial impact than the business-as-usual condition.

Policy analysis
Special Economic Zone (SEZ)
System dynamics

http://resolver.tudelft.nl/uuid:ed03fa19-93fd-43f8-ad8c-1125e3205921

https://doi.org/10.14716/ijtech.v15i1.5498

2086-9614

International Journal of Arts and Technology, 15 (1), 195-206

Institutional Repository

journal article

© 2024 Armand Omar Moeis, Agatha Ayu Gita, A.R. Destyanto, Irvanu Rahman, Akhmad Hidayatno, Teuku Yuri Zagloel