The Role of Social, Economic, Environmental, Legal and Governance Development on the Quality of Sustainable Development in Indonesia (2015-2022)
DOI:
https://doi.org/10.59889/ijembis.v3i2.137Keywords:
Sustainable Development, Social, Economic, Environmental, Law and GovernanceAbstract
This study aims to identify the role of 4 (four) pillars of the Sustainable Development Goals (SDG), namely Social, Economic, Legal and Governance Development, on the Quality of Sustainable Development in Indonesia. This study's quality indicators of sustainable development are Economic Growth, Gini Ratio, Open Unemployment, Poverty Rate, and Human Development Index (HDI). The data used is secondary data in the form of achieving Indonesia's SDG Goals obtained from The Indonesia National Planning Agency and Central Bureau of Statistics for 2015 – 2022. The research method was quantitative descriptive and Structural Equation Model-Partial Least Square. The results indicate that all dimensions of development (social, economic, environmental, law and governance) are interdependent and complementary in achieving sustainable development in Indonesia and significantly affect sustainable development goals in Indonesia. All CR value was above 1.96, and P values were below 0.05. Therefore, a holistic approach that considers the interdependence and complementarity of these dimensions is essential to achieve sustainable development in Indonesia.
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