gradually decreasing. This is also the case for Indonesia and Turkey. We show that the link of Indonesia to Turkey has recently … economic events having a big impact on the distribution of stock market volatility in Indonesia and Turkey. …

and occurred repeatedly in many countries since the era of modern banking. In the case of Indonesia, bank runs have also … Indonesia. The closure of 16 banks by the government on 1st November 1997 undermined customer confidence in their banks …

period 2001-2007. Although cross-country studies are more robust (Bruton et al., 2010), Indonesia compensates with its …

leading media research said that currently, middle class in Indonesia is the third-largest in the world. There are about 74 … million middle classes in Indonesia, and this number will double by 2020. In the other hand, economic growth also creates a … problem of rising inequality. Inequality in Indonesia is worsened as the Gini index increasing from 0.308 in 1999 to 0,41 in …