Macroeconomic and Monetary Policy Issues in Indonesia

ISBN-13: 9780415595988 / Angielski / Twarda / 2012 / 432 str.

Akhand Akhtar Hossain

Opis

Following the acquisition of its sovereignty from the Netherlands in 1949, Indonesia experienced serious economic and political problems during the 1950s and 1960s, before entering a three-decade-long period of rapid economic growth. Hard-hit by the financial crisis of the late 1990s, Indonesia undertook a wide range of economic and financial reforms. These reforms served to prepare it well for the 2007-08 global financial crisis, through which Indonesia passed relatively unscathed. Drawing on empirical research, this book presents a comprehensive empirical study on the key macroeconomic relations and monetary policy issues in Indonesia.

Recenzje

"The book presents comprehensive empirical research on the key macroeconomic relations and monetary policy issues in Indonesia... Most chapters in the book are self-contained and can be independently studied." -Siwage Dharma Negara; Journal of Southeast Asian Economics, Vol. 30, No. 1, April 2013.

Spis treści

1. Introduction  2. Macroeconomic Developments, Policies and Issues: An Historical Overview from a Political Economy Perspective  Part 1: Sources of Economic Growth and Household Consumption Behaviour  3. Sources of Economic Growth  4. Household Consumption Behaviour  Part 2: Inflation and Inflation Uncertainty  5. Sources and Dynamics of Inflation  6. Inflation and Inflation Uncertainty  7. Monetary Policy and Stability of the Narrow Money-Demand Function  Part 3: Exports, Imports and Real Exchange Rates  8. Export Trends, Structure and Determinants  9. Import Trends, Structure and Determinants  10. Determinants of the Real Exchange Rate  Part 4: Monetary and Fiscal Policy  11. Exchange Rates, Capital Flows and Monetary Policy  12. Inflation Targeting: As Assessment of Design, Conduct and Performance  13. Fiscal Policy and Sustainability

O autorze

Akhand Akhtar Hossain is Associate Professor of Economics at the University of Newcastle, Australia. He currently pursues research interests in macroeconomic and monetary policy issues in the Asia-Pacific.