Reviewing the omnibus concept in the context of economic law

Meliala, Aurora Jillena and Rifai, Anis and Woods, Jonathan Andre (2022) Reviewing the omnibus concept in the context of economic law. European Journal of Humanities and Educational Advancements (EJHEA), 3 (3). pp. 24-28. ISSN 2660-5589

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Abstract

This paper is intended to expand the dialectical pulpit which so far has only been limited to pro-investment arguments and contra narratives on the position of the Omnibus Law in a formal legalistic manner. Even though the rebuttal argument contains truth, it has not been able to solve the core problem that is the urgency of the Omnibus which maintains economic interests. In this paper, how economic legal theory actually formulates prescriptions for effective regulatory criteria for economic development and growth will be discussed and expounded. This is important considering that the dominance of capital accumulation becomes its own nuance in the formulation of the Omnibus Law. Such an idea is essentially beyond the constitution that mandates that the economy must be based on people’s empowerment.

Item Type: Article
Uncontrolled Keywords: Future of economic regulation; Economic development and growth; Co-Ownership; Co-responsibility; omnibus
Subjects: 300 Social sciences > 330 Economics > 331 Labor Economics
300 Social sciences > 340 Law > 343 Military, defense, public property, public finance, tax, commerce (trade), industrial law
Divisions: Universitas Al-Azhar Indonesia (UAI) > Fakultas Hukum (FH) > Magister Ilmu Hukum
Depositing User: Rifda Jilan
Date Deposited: 11 Sep 2022 06:34
Last Modified: 11 Sep 2022 06:34
URI: http://eprints.uai.ac.id/id/eprint/1969

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