This paper presents a small macro simulation model of the Indonesian economy The model was constructed to assess the … effects of alternative policies as well as changes in the external environment on the Indonesian economy over the medium term …

frequent, longer lasting, and more severe in Asia than in the Organisation for Economic Co-operation and Development countries … crunches or stock market crashes. Severe financial downturns or recessions in the global economy are often coupled with … financial crises or recessions in Asia. In view of the current global crisis and severe financial downturns, Asian economies are …