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This Selected Issues paper on the Republic of Poland constructs a financial conditions index for Poland to explore the link between financial conditions and real economic activity. Measures to contain the fiscal deficit in the aftermath of the global financial crisis led to a reduction in the...
Persistent link: https://www.econbiz.de/10011244033
government bonds and Short-term Bank Indonesia certificates (SBIs). The financial and corporate sectors were resilient to the …
Persistent link: https://www.econbiz.de/10011244867
-term outlook reflects the more challenging global environment that Indonesia faces. …
Persistent link: https://www.econbiz.de/10011245079
ended on July 6, 2012, with the officials of Indonesia on economic developments and policies. Based on information available …
Persistent link: https://www.econbiz.de/10011245431
companies, and pension funds. Bank Indonesia (BI), the central bank, is responsible for regulation and supervision of the …
Persistent link: https://www.econbiz.de/10011245857
Persistent link: https://www.econbiz.de/10005605493
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, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10010790382
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both...
Persistent link: https://www.econbiz.de/10011242245