A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...

This paper examines financing mechanisms to support infrastructure development and connectivity in Northeast Asia—comprising the Northeastern People’s Republic of China, Japan, the Democratic People’s Republic of Korea (DPRK), the Republic of Korea, Mongolia, and the...

The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and the fourth largest recorded in the world. The scope of the disaster far exceeded that of the Hanshin Earthquake of 1995. The repercussions of this disaster spread far...

In this paper we examine the changing nature of Japan’s commercial policy over the last 25 years while reviewing Japan’s changing structure of trade, FDI and economy that underlay policy changes. We argue that until the late 1990s Japan adopted a two-track approach of relying on...

Using a sufficiently long-spanning longitudinal dataset, we estimate the short and long term effects of maternal and paternal death on childrens school enrollment, educational attainment, and health in Indonesia, then compare them to the effect of chronic poverty. We also investigate whether...

This paper assesses the effect of public and private sector growth on poverty in Indonesia. We use fixed capital formation growth as the proxy for the private sector and growth in government spending as the indicator of the public sector. We find that growth in both sectors significantly reduces...

Using a sufficiently long-spanning longitudinal dataset, we estimate the short and long term effects of maternal and paternal death on childrens school enrollment, educational attainment, and health in Indonesia, then compare them to the effect of chronic poverty. We also investigate whether...

This study provides an overview of inequality in Indonesia for the period of 1984 to 2002 using several widely used measurements of inequality. Firstly, unlike previous studies, our paper uses real consumption expenditure that takes into account the high regional price disparity across regions...

The Raskin program is a subsidized rice program for poor families which provides 10 kg of rice per poor households at the price of Rp1,000 per kg. This report describes the findings of the study undertaken by the SMERU Research Institute to uncover the effectiveness of the Raskin program in...

Although consumption expenditure data is crucial for assessing the level of peoples welfare and calculating important welfare measures such as the poverty headcount rate, collecting such data requires significant time and effort. In this study, we experiment with three approaches to predict...