The objective of this paper is to examine the determination of interest rates, inflation and nominal exchange rates in Indonesia, and investigate the role of monetary policy in affecting these variables. In the short term, monetary policy can be used to protect domestic interest rates from the...

The new millennium catalyzed a shift in the focus of South Asian economies to the service sector. The South Asian countries share many common characteristics - a young population, familiarity with the English language, and an emphasis on quantitative skills at the school level. This report on...