This paper is meant to provide a simple current line of discourse on Indonesian position in The ASEAN Economic Community (AEC) focusing in the financial and customs cooperation. AEC is the target of ASEAN economic integration 2015. In regards of favorable precondition: the market of 600 million...

This paper analyzes the government's choice of three proportional tax bases (a consumption tax, a wage tax and a capital income tax) and its influence on the steady-state levels of capital accumulation and social welfare under fiscal federalism and the unitary system. We report two main...

This paper analyzes the governmentÂfs choice of three proportional tax bases (a consumption tax, a wage tax and a capital income tax) and its influence on the steady-state levels of capital accumulation and social welfare under fiscal federalism and the unitary system. We report two main...

This paper presents an analysis of government spending and optimal human investment allocation rate in the two sector model of an endogenous growth (education and good sectors), by comparing solutions between social planner maximization problem and decentralized competitive equilibrium, and by...