The Selected Issues paper discusses lessons for a changing investor base in Indonesia. The decision of different investors to hold local-currency (LC) government debt can reflect both global and domestic conditions. Results point to the importance of global factors especially for nonresidents...

The 2023 Article IV Consultation highlights that Indonesia's forward-looking and well-coordinated policies helped it close out the highly challenging global environment of 2022 with healthy growth, falling inflation, and a stable and profitable financial system. Growth is projected to moderate...

This study was prepared by Sven Neelsen while he was working with the ifo Institute for Economic Research. It was completed in December 2011 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2012. The study investigates long-run effects of...

The Indonesian authorities are exploring options for the establishment of subnational government endowment funds and the Ministry of Finance (MoF) has drafted regulations in that context. However, the motivations and objective for establishing an endowment fund at the subnational level diverge...