Defining State Economic Loss Due to Corruption within the Indonesian Law: Hurdle and Solution

Abstract

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. 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. Originality/value: 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.