This study examines the impact of interest rates on economic growth in Indonesia using a time series approach. Interest rates play a significant role in determining the levels of investment and consumer spending, both of which are key factors in economic growth. Monthly secondary data from 2016 to 2021 were used to analyze this relationship through path analysis. The results show that low interest rates can stimulate economic growth by enhancing access to funding, while high interest rates tend to reduce economic activity. The relationship between inflation, interest rates, and economic growth is highly complex, with important implications for Bank Indonesia’s monetary policy. This study emphasizes the need for a deep understanding of the interaction among these three variables to formulate policies that support sustainable growth.

Using an econometric approach, this study attempts to assess and quantify how globalisation has affected the economy of developing nations. By boosting cross-border information flows, foreign investment, and international trade, globalisation has become a major force in changing the structure of the world economy. Its consequences on social inequality, wealth distribution, and economic stability are still complicated, particularly for emerging countries. This study examines how the Human Development Index (HDI), a measure of economic welfare, is related to the economic aspects of globalisation, including capital flows, technology, and international monetary policy. Finding correlations between globalisation variables and macroeconomic indicators in developing nations is done quantitatively using econometric methods, and both descriptive and inferential analyses are carried out to give a thorough picture of how globalisation has affected important economic sectors. influence on important economic sectors. According to research, globalisation has two opposing effects: on the one hand, it increases economic growth and efficiency through trade and technical development, while on the other, it makes inequality and reliance on international markets worse. These understandings are essential for creating egalitarian and flexible economic policies that can improve living standards in emerging nations. Additionally, the report suggests national policies to improve domestic sectors and promote sustainable human development in order to lessen the negative consequences of globalisation.