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Hereby, I transfer the copyright of my article (Article tittle) to the KEK Editorial Board. All the authors have read this statement and agree with the name and sequence. The article does not have any issue with other parties, regarding of the publication copyright. The article (Article tittle) is authentic and never being published previously or will be published in other publication as well as not a plagiarism in any form. STATEMENT OF AUTHENTICITY AND COPYRIGHT RELEASE The Balance of Payments Constraint and the Post 1973 Slowdown of Economic Growth in the G7 Economies, International Review of Applied Economics, Vol. Thirlwall, A.P., The Relation between the Warranted Growth Rate, the Natural Rate, and the Balance of Payments Equilibirium Growth Rate, Journal of Post Keynesian Economics, Fall 2001, Vol. Pugno, Maurizio, The Stability of Thirlwall's Model of Economic Growth and the Balance-of- Payements Constraint, Journal of Post Keynesian Economics, Summer 1998, Vol. dan Perez, E., Balance-of-Payments-Constrained Growth in Central America: 1950-96, Journal of Post Keynesian Economics, Fall 1999, Vol. Mankiw, N.G., Macroeconomics, Sixth Edition, New York: Worth Publishers, 2007. International Monetary Fund, Balance of Payments Textbook, Washington, DC, USA: IMF, 1996. Goeltom, Miranda S., Essays in Macroeconomic Policy: The Indonesian Experience, Jakarta: PT Gramedia Pustaka Utama, 2007. Carbaugh, Robert J., "International Economics," Eleventh Edition, Ohio: Thomson South- Western, 2008. 2398, Washington, DC, USA: International Monetary Fund, 2000. Calderon, Cesar, Alberto Chong, dan Norman Loayza, "Determinants of Current Account Deficits in Developing Countries,†Policy Research Working Paper No. Bank Indonesia, Neraca Pembayaran Indonesia dan Posisi Investasi Internasional Indonesia: Konsep, Sumber Data, dan Metode, Jakarta: Direktorat Statistik Ekonomi dan Moneter, Bank Indonesia, 2008. phmigaspages/berita.html Ardiyanto, Feriy, "Analysis of Current Account Deficits and Fiscal Deficits in Indonesia: A VAR Approach," Jurnal Keuangan Publik, Vol. Antara, "Harga Minyak Berpotensi Turunkan Pertumbuhan Ekonomi 2008"Antara, 2007. (7) Strengthening coordination and synergy between ministries and institutions.Abdullah, Burhanuddin, "Upaya Memastikan Ketidakpastian" Kompas, 25 Oktober 2007. (6) Broader cooperation schemes are not only tariff reduction but also investment cooperation schemes. (5) Export financing incentives and hedging instruments. 
(4) Trade facilitation through harmonization of regulations and policies between Indonesia and non-traditional countries. (3) Assistance and capacity building for business actors (exporters) so that Indonesian export products meet the policy / regulatory requirements imposed by non-traditional markets.
(2) Establishing outlets / counters which are the show cases for superior Indonesian export products in non-traditional markets. With regard to the objective of diversifying exports, strategies that can be carried out in an effort to knock the door on Indonesian exports to non-traditional countries are as follows: (1) Market intelligence and export promotion by optimizing Indonesia’s representation abroad.
In this paper, the author explores several alternatives to diversify exports to non-traditional markets, in an effort to reduce the trade balance deficit. Widyastutik), and published in a SINTA-accredited national journal (Warta Pengkajian Perdagangan vol 1 no 17). This paper was written by a lecturer at the Department of Economics (Dr.
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