government spending on health care and education, and social indicators. Unlike previous studies, where social indicators are … used as proxies for the unobservable health and education status of the population, this paper estimates a latent variable … the education sector. Overall, the latent variable approach was found to yield more adequate estimates of social …

This paper develops a public education scheme that takes uncertainty aspects of private educational investments … explicitly into account. In the author’s framework, the social merits of public education schemes are related to the lack of … returns of investments in education. The consideration of uncertainty provides a neglected link between educational choice …

This paper provides an analysis of the developments in public health spending over the past 40 years, as well as … projections of public health spending for 50 advanced and emerging countries over 2011-50. The paper also quantifies the effects … of specific health reforms on the growth of public health spending in advanced economies by drawing on a range of …

This supplement provides country case studies on public health care expenditures and reform experiences in eight … success in containing public health spending during the past 30 years. For the emerging economies, the case studies take a …

This study estimated Indonesia's potential growth rate and examined its underlying determinants. Implementing a … stability, and support capital market development. This paper also reviews the level and structure of tax revenues in Indonesia …, estimates tax effort and tax efficiency, and discusses potential areas of revenue mobilization. Indonesia's financial linkages …

This assessment of insurance regulation in Indonesia was carried out as part of the 2016-17 Financial Sector Assessment …

Indonesia has exhibited strong macroeconomic performance, but developmental needs remain significant. To raise the … living standards of a large population dispersed over thousands of islands, Indonesia must address several key challenges …