Economic Growth and Development: An Empirical Study on the Importance of Economics Education and Taxation Systems
DOI:
https://doi.org/10.37812/josse.v5i1.2300Keywords:
Economic Development, Economics Education, Taxation SystemAbstract
Economic development is a complex and long-term process that requires sustained policy coherence, institutional stability, and strong human capital formation. While education and fiscal systems are widely acknowledged as key drivers of growth, empirical evidence capturing stakeholder perceptions particularly in developing country contexts remains limited. This study aims to examine the perceived role of economics education in enhancing economic literacy and decision-making capacity, as well as the importance of taxation systems in supporting sustainable economic development in Indonesia. This research employs a quantitative descriptive survey design, collecting data from diverse stakeholder groups, including business actors, students, teachers, economists, tax consultants, and accountants. The findings reveal a high level of consensus across all respondent categories. Economics education is widely perceived as essential for improving understanding of economic indicators, strengthening financial discipline, and supporting effective policy interpretation. In parallel, taxation systems are recognized especially by professional groups as critical instruments for revenue generation, equitable resource distribution, macroeconomic stability, and long-term public investment. These findings are consistent with development experiences in countries such as China and Japan, where coherent fiscal policies and human capital investments have driven structural transformation. This study contributes to the literature by providing empirical evidence of cross-stakeholder alignment in a developing economy, highlighting the strategic importance of integrating economics education and tax literacy into policy frameworks. Strengthening these areas is crucial for fostering inclusive, resilient, and sustainable economic development.
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