The Application of Forecasting for Policy Formulation

DOI

10.2991/978-2-38476-082-4_15How to use a DOI?

Keywords

Policy Formulation; Forecasting; Growth Development

Abstract

This study aims to understand the policy formulation process in economic growth development based on forecasting by using strategies based on predictions, projections, and conjectures in forecasting methods. Research data were taken from secondary sources in the form of statistical data, several reports, and journal fibers. The results of this study are the development policy formulation process uses forecasting, namely by using the principles of projection, prediction, or conjecture by carrying out four stages; the first is problem identification, which is the identification of existing problems based on poverty data in Indonesia. The prediction is how the economy will improve. The second stage, namely agenda setting, is a future plan that has been adjusted based on predictions and is guided by the theories of experts and based on the strategies adopted to improve economic growth. The third problem formulation policy produces problem formulation policies that are prepared for future training. The selection of strategies based on the theories of experts and successful statements of factual data about economic growth. The last stage is the policy design is made based on a strategy that is well structured in accordance with the planning that has been done. Guided by theories about the growth of economic development, from several experts and the results of previous studies have been able to make better policies and can solve problems in general in order to increase development growth.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Kornelis Bali Mema
AU  - Suryadi Suryadi
AU  - Fadillah Putra
PY  - 2023
DA  - 2023/07/26
TI  - The Application of Forecasting for Policy Formulation
BT  - Proceedings of the International Conference of Public Administration and Governance (ICOPAG 2022)
PB  - Atlantis Press
SP  - 150
EP  - 157
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-082-4_15
DO  - 10.2991/978-2-38476-082-4_15
ID  - Mema2023
ER  -