Analysis of Omnibus Law Based on Legal Development Theory

Abstract

The implementation of the omnibus law in Indonesia requires a progressive approach to legal interpretation, considering not only the text of the law, but also other laws and regulations related to its material content. A constructive approach is needed to
reconstruct the architecture of the national legal system in order to rearrange regulations for the economic ecosystem, based on rational reasons and fundamental legal arguments. Development law is a significant legal theory in addressing ongoing development objectives and complex social transformations, but its nature is influenced by the current political context, making it susceptible to the wills of development or power, rather than directing development based on clear criteria. Law should not only maintain order in society, but also empower change and development in an organized manner. Legal reform and education are
important in fostering national law and supporting the functionalization of law in development. Investments in the regions are expected to stimulate economic growth and income distribution, creating job opportunities and reducing urbanization rates. To attract investments, regions need to identify and promote their potential, while creating a conducive climate and providing security guarantees and legal certainty for investors.