WJEMSD · Vol 19, Nos 1/2 · 2023

Defining state economic loss due to corruption within the Indonesian law: hurdle and solution, Dr. Taufik Rachman, Nur Basuki Minarno, Sapta Aprilianto, Hanif Muzaki

Faculty of Law, Universitas Airlangga, Surabaya
Indonesia
Nur Basuki Minarno
Faculty of Law, Universitas Airlangga, Surabaya
Indonesia
Sapta Aprilianto
Faculty of Law, Universitas Airlangga, Surabaya
Indonesia
Hanif Muzaki
Faculty of Law, Universitas Airlangga, Surabaya
Indonesia
Purpose

This study aims to identify what the phrase "state economy" entails in the Indonesian Anti-Corruption Act, and to provide standards or benchmarks for determining the ratio of state economic losses caused by corruption.

Design/Methodology/Approach

A descriptive-analytical strategy was employed in this investigation. This method made use of library research on rules and court decisions, and the information gathered was examined descriptively.

Findings

Despite the fact that the notion of state economy is articulated in the General Explanation of the Anti-Corruption Act, this study demonstrates that it remains inappropriate and confusing.

Original/Value of the Paper

This study demonstrates the parameters and guidelines for understanding the notion of damaging a country's economy, as well as explaining the meaning of harming a country's economy by identifying the definition of economic interests.

Research Limitations/Implications

The findings of this study are likely to serve as a model for future research or as a reference for judges interpreting the aspects of the state economy in the Indonesian Anti-Corruption Act.

Keywords
CorruptionState Economic LossesState Financial Losses
Citation

Rachman, T., Basuki Minarno, N., Aprilianto, S. and Muzaki, H. (2023): Defining State Economic Loss Due to Corruption within the Indonesian Law: Hurdle and Solution. World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 19, No. 1/2, pp. 53–67.

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