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Survey of developments in various economic sectors with particular reference to the impact of devaluation on business confidence, the budget for 1987/88, balance of payments, GDP prospects etc. Types of non-tariff barriers in Indonesia. Recent trade deregulation policies. Growth prospects in...
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This paper studies why currency and monetary shock hit Indonesia's economy and banking sector so severely and the measures that were taken to deal with the banking crisis, the lessons learned, and challenges faced in restructuring and strengthening the banking system. The vulnerable state of the...
Persistent link: https://www.econbiz.de/10012782875
Overattention to the minimum wage may have led Indonesian firms to lower other costs, including those associated with overtime pay and safe working conditions. Indonesia's workers need to be made more aware of the rights and benefits to which they are entitled.Young, single, women workers...
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This paper presents an illustrative analysis of the crisis from a macroeconomic perspective, by focusing on the various economic adjustments both in the real and monetary sectors. It argues that the complex nature of the political and economic reform process has resulted in sub - optimal growth...
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