The impacts of bank restructuring on the Indonesian macro economy, and itsvarious sectors, especially the agricultural industries, are assessed and analyzed using anIndonesian Forecasting Model. The model is more detailed sector-wise than existingIndonesian CGE models and incorporates...

This paper is aimed at assessing the effects of aid on fiscal behaviour in Indonesia. There are four main findings. First, the inflow of aid is driven primarily by the need to fill the fiscal gap; that is, aid is demand driven. Second, although project aid is by definition intended for...

The impacts of bank restructuring on the Indonesian macro economy, and its various sectors, especially the agricultural industries, are assessed and analyzed using an Indonesian Forecasting Model. The model is more detailed sector-wise than existing Indonesian CGE models and incorporates...

This paper revisits the issue of the evolution and choice of exchange rate regimes in Asia. The paper first compiles and discusses the de jure or official exchange rate regimes in various developing and emerging Asian economies. It then goes on to offer a simple empirical estimation of the...

This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first part compares de jure and de facto exchange rate regimes in Asia over the decade 1999-2009. It finds that while Asia is home to a wide array of exchange rate regimes, there are...