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Balance Sheet Vulnerability and Macroeconomic Management in Indonesia
Oleh:
Goeltom, Miranda Swaray
Jenis:
Article from Journal - ilmiah nasional - tidak terakreditasi DIKTI
Dalam koleksi:
International Journal of Business vol. 7 no. 2 (May 2005)
,
page 241-277.
Topik:
balance sheet
;
adjustment and reform progrma
;
balance sheet vulnerability
;
economic crises (1997)
;
indonesia flow of funds
;
macroeconomic management
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
II51.4
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The economic and financial crises hitting indonesia in 1997 have triggered a significant economic downturn. A critical issue adressed is how common shocks during crisis period have brought about macroeconomic outcome. The paper briefly discusses the problems, response and lessons learnt in the county's effort to restore the economy to its long - term potential growth path. By examining balance sheet conditions across sectors in the economy, it is shown that even though some progress has been achieved, overall balance sheet conditions are still vulnerable to further shocks that may hit the economy, so that efforts on strengthening financial markets, amongothers, by developing bond markets and implementing banking architecture. However, various constraints will remain unless the government speeds up the necessary reforms, mostly institutional in nature.
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