<title>Summary</title> The arrival of a new year has brought with it an increased focus on Indonesia's 2014 legislative and presidential elections. While voters may be disillusioned with established political figures, a strong presidential candidate has yet to emerge. Many voters appear to yearn for an...

This book contends that the East Asian financial constitution lacks an appropriate infrastructure, resulting in inefficient allocation of high savings and an over-inflated short-term debt market. It goes on to point out that despite high savings, East Asia’s dependency on financial...

The financial crisis of 1997 gave the Asian region a very hard lesson on the importance of financial stability. The severity of the crisis and the failure of IMF in assisting these countries became a motivating factor to engage in closer financial cooperation in this region. This paper will...

The existing economic incentive regime was one main factor behind high deforestation rates in Indonesia. Government intervention to push for the expansion wood processing industries resulted in unsustainable resource use patterns. Uncertain tenurial arrangements and property rights,...

This paper, as its title suggests, discusses policy and regulatory development in the forestry sector in Indonesia for a period of more than 30 years. During this period the forestry sector has experienced a lot of changes. It has contributed significantly to the country's economic development,...

The 1990s saw East Asia becoming more integrated as trade barriers fell, trade intensity and intra-industry trade increased, and production networks formed. This greater integration has resulted in changing patterns of trade specialization in the region, as different economies adjust. Some...

This paper looks into Indonesia's recent experience with the decentralization process and assesses opportunities and challenges for the forestry sector. Despite its brief existence since only 2001 and the limited data available, decentralization in the forestry sector has shown some significant...

This paper reviews some literatures on the mechanisms available for the poor in managing risk. Lacking access to formal mechanisms of risk management, the poor rely on informal mechanisms, which are built based on the existing social networks and trust. But when the shocks are big or affecting...