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The ideal of Pancasila has not effectively translated into a functioning liberal democracy in Indonesia. Instead, Pancasila has become a symbol of Indonesian exceptionalism, embodying the nation's values and identity. Pancasila is open to abuse, which in this case was the invitation to criminalise all kinds of ideologies but Pancasila itself.
Single principle of Pancasila (Asas tunggal Pancasila) was a policy enacted by the New Order regime under President Soeharto starting 1983 compelling political parties and public organisations to declare the national ideology of "Pancasila, as their one and only ideological basis".
Bhinneka Tunggal Ika included in the National emblem of Indonesia, the Garuda Pancasila. Bhinneka Tunggal Ika is the official national motto of Indonesia.It is inscribed in the national emblem of Indonesia, the Garuda Pancasila, written on the scroll gripped by the Garuda's claws.
A Pancasila economy can be considered an example of a mixed economy or a third way economic system. [ 2 ] A Pancasila economy is seen as a counterbalance to a neoclassical approach promoting individualism and free markets [ 3 ] that is adapted the values of Indonesian society, including religious values, culture, customs and norms.
The Institute of Indonesia Chartered Accountants, formerly Indonesian Institute of Accountants or Ikatan Akuntan Indonesia (IAI) is the national organisation of professional accountants in Indonesia.