We study the effects of risk and uncertainty on education in Indonesia. Households that face more uncertainty, and that have limited or no access to formal insurance, will have a higher motive for self-insurance and this may have adverse consequences for investment in child education. A key...

International investors' enthusiasm with respect to growth prospects in Southeast Asia has been followed by panic. Both the outstanding economic performance of Southeast Asian economies and their ability to master adjustment challenges had led most observers of these economies to the conclusion...

This paper analyzes environmental expenditures in Indonesia – a significant newly industrializing economy – reported at the plant level comprising all 23 thousand manufacturing establishments with more than 20 employees. Since compliance is barely enforced, pollution abatement expenditures...

Selbsthilfe und Armutsbekämpfung werden heute als selbstverständliche Elemente von Entwicklung und Entwicklungspolitik gesehen. Allerdings ist es wichtig, sich über die inhaltliche Bedeutung dieser Begriffe zu verständigen.

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...

Financial and economic deregulation in Indonesia since 1983 has encouraged the growth of microfinance institutions (MFIs). Combined with sustained economic growth, this has resulted in drastic reductions in poverty. The paper analyses the performance of Bank Shinta Daya, a private rural bank in...