Governance of economic constitution in a critical argumentation

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Abstract

The research aims to analyze the governance of economic philosophy by analyzing the relationship between the economic constitution and the philosophical-ideological reflection of Pancasila in critical argumentation. Economic globalization requires countries to adapt. In practice, the adaptation process can lead to the manifestation of personal and group interests, even if it is not in accordance with the economic needs of the people (Èernius, 2012). The anticipation is that the government will emphasize the position of Pancasila as the main catalyst in the economic constitution. The study was conducted using a normative juridical approach with selected sources of legal information utilized. The analysis technique was conducted using a qualitative design. The results of the study found that the economic constitution has a relationship with philosophical reflections in the form of the basic philosophy of Indonesia’s economic development and conformity with the ideological reflection of Pancasila as the state ideology (Sinaga & Putri, 2021). Moreover, the economic constitution as a philosophical-ideological reflection of Pancasila is realized through the conception of an economic constitution with a religious perspective, an economic constitution reflecting the national identity, a people-based economic constitution, and an economic constitution aimed at improving welfare.

Keywords: Governance, Economy, Constitution, Legal Reflection, Indonesia

Authors’ individual contribution: Conceptualization — T.; Methodology — T.; Validation — I.G.A.K.R.H.; Formal Analysis — T.; Investigation — J.W. and I.G.A.K.R.H.; Resources — J.W.; Data Curation — T.; Writing — Original Draft — T., J.W., and I.G.A.K.R.H.; Writing — Review & Editing — T. and I.G.A.K.R.H.; Visualization — J.W.; Supervision — T. and I.G.A.K.R.H.; Project Administration — T.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

Acknowledgements: The Authors thank Universitas Sebelas Maret for support in completing this research.

JEL Classification: G3, K2, K23, M2

Received: 16.07.2022
Accepted: 09.12.2022
Published online: 13.12.2022

How to cite this paper: Tuhana, Wiwoho, J., & Handayani, I. G. A. K. R. (2022). Governance of economic constitution in a critical argumentation. Corporate Law & Governance Review, 4(2), 50–56. https://doi.org/10.22495/clgrv4i2p6