Showing 1 - 10 of 61
Without much preparation, Indonesia, in 2000, at a stroke replaced the previous system of centralized government and …, unlike in many developing and transition countries, the decentralization program in Indonesia has not caused major political …
Persistent link: https://www.econbiz.de/10011561585
The spread of COVID-19 has brought many economies into recession, and Indonesia is no exception. In response to the … the world's most populous countries, Indonesia has struggled with limited financial resources, leading to a significant … public is still wary about Indonesia's macroeconomic stability and fiscal sustainability. This study will challenge the …
Persistent link: https://www.econbiz.de/10014313477
Japan's debt-to-gross domestic product (GDP) ratio is the highest among Organisation for Economic Co-operation and Development (OECD) countries. This paper will firstly answer the question of whether Japanese government debt is sustainable. Next, while the Domar condition and Bohn's condition...
Persistent link: https://www.econbiz.de/10011283728
The aftermath of the global financial crisis of 2007-08 underlined the importance of maintaining fiscal space and fiscal sustainability. Even though many Asian economies implemented fiscal stimulus policies during the crisis period, their fiscal conditions generally improved rapidly thereafter,...
Persistent link: https://www.econbiz.de/10009782133
The core emphasis of rules-based fiscal legislation at the subnational level in India is to achieve debt sustainability through a numerical ceiling on borrowing and the use of borrowed resources for public capital investment by phasing out revenue deficits. Using the Arellano Bond Panel...
Persistent link: https://www.econbiz.de/10011591040
In the literature regarding fiscal sustainability, the Domar condition and Bohn's condition are often used to check whether a government's debt situation is in a dangerous zone. This paper first shows that the Domar condition is obtained only from the government budget constraint (namely the...
Persistent link: https://www.econbiz.de/10011868852
This paper describes the existing payment system in Indonesia, which is comprised of cash and non-cash payment systems … system. As the monetary authority in Indonesia, Bank Indonesia is responsible for regulating and safeguarding the smooth and … technological development. Although Bank Indonesia expects to be able to provide equitable access and offer consumer protection …
Persistent link: https://www.econbiz.de/10003901407
This paper examines several aspects of the rehabilitation and reconstruction program that followed the 2004 tsunami in Asia. Almost 230,000 people died in the disaster. We focus on two main issues: aid delivery and reconstruction policy following the disaster. Although issues such as immediate...
Persistent link: https://www.econbiz.de/10003855419
success of selected programs in the People's Republic of China, India, Indonesia, the Philippines, and the United States are …
Persistent link: https://www.econbiz.de/10009267699
Urbanization has been progressing quickly in Indonesia and the consequences on health and health inequities are still …
Persistent link: https://www.econbiz.de/10011418365