The interventionist rationale of economic policy-making in Indonesia was already laid down in the 1945 constitution, but only the abundant oil revenues during the oil boom period between 1973 and 1982 enabled the government to realize the envisaged state-led model of development. In order to...

The Lembaga Perkreditan Desa (LPD)1 in Bali are the most recent form of local finance in Indonesia. Their establishment was initiated by the provincial government of Bali after several studies on local financial institutions in Indonesia had been presented at a seminar carried out by the...