A Quest For Monetary And Financial Reforms In Indonesia
ABSTRAK Indonesia in the 1980s provides an unusual and unique example of substantial, cribeit gradual', 4tiregulation and rapid development of a domestic financial system. The monetary and financial feforrns were part of larger packages of economic reforms designed to stabilize and restructure...
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| Format: | Article |
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[Yogyakarta] : Universitas Gadjah Mada
1993
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| _version_ | 1826032836367351808 |
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| author | Perpustakaan UGM, i-lib |
| author_facet | Perpustakaan UGM, i-lib |
| author_sort | Perpustakaan UGM, i-lib |
| collection | UGM |
| description | ABSTRAK
Indonesia in the 1980s provides an unusual and unique example of substantial, cribeit gradual', 4tiregulation and rapid development of a domestic financial system. The monetary and financial feforrns were part of larger packages of economic reforms designed to stabilize and restructure the economy.
First of alt, this paper reviews briefly the framework of financial repression theory, Secondly, it examines the major monetary and financial reforms undertaker? by Indonesia during the 1980s. The next section discusses the Indonesian experience In the period financial repression and fiberaIttatkan_ The question may arise: how far the reforms hove changed the financial sector, To test whether ,firlancial reforms influence the real economy, the last section will Investigate the effect of financial kberalization on inflation and economic growth_
The empirical investigations find thnt the positive relationship between inflation and economic growth shows an evidence of short-run Phillips curve in Indonesia. The short-run Phillips curve is Iyplcal of a Frrodffied Phillips curve with the credit-availability effect added. The study also indicates fiat the financial deregulation. triggering a period of positive real Interest rates, has statistically iiffect the economic growth profoundly_ Yet, the real deposit rates of Interest does not Influence the :.uith of real GDP significantly.
Keywords: economic growth |
| first_indexed | 2024-03-05T23:09:08Z |
| format | Article |
| id | oai:generic.eprints.org:26428 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T19:00:20Z |
| publishDate | 1993 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:264282014-06-18T00:40:10Z https://repository.ugm.ac.id/26428/ A Quest For Monetary And Financial Reforms In Indonesia Perpustakaan UGM, i-lib Jurnal i-lib UGM ABSTRAK Indonesia in the 1980s provides an unusual and unique example of substantial, cribeit gradual', 4tiregulation and rapid development of a domestic financial system. The monetary and financial feforrns were part of larger packages of economic reforms designed to stabilize and restructure the economy. First of alt, this paper reviews briefly the framework of financial repression theory, Secondly, it examines the major monetary and financial reforms undertaker? by Indonesia during the 1980s. The next section discusses the Indonesian experience In the period financial repression and fiberaIttatkan_ The question may arise: how far the reforms hove changed the financial sector, To test whether ,firlancial reforms influence the real economy, the last section will Investigate the effect of financial kberalization on inflation and economic growth_ The empirical investigations find thnt the positive relationship between inflation and economic growth shows an evidence of short-run Phillips curve in Indonesia. The short-run Phillips curve is Iyplcal of a Frrodffied Phillips curve with the credit-availability effect added. The study also indicates fiat the financial deregulation. triggering a period of positive real Interest rates, has statistically iiffect the economic growth profoundly_ Yet, the real deposit rates of Interest does not Influence the :.uith of real GDP significantly. Keywords: economic growth [Yogyakarta] : Universitas Gadjah Mada 1993 Article NonPeerReviewed Perpustakaan UGM, i-lib (1993) A Quest For Monetary And Financial Reforms In Indonesia. Jurnal i-lib UGM. http://i-lib.ugm.ac.id/jurnal/download.php?dataId=9449 |
| spellingShingle | Jurnal i-lib UGM Perpustakaan UGM, i-lib A Quest For Monetary And Financial Reforms In Indonesia |
| title | A Quest For Monetary And Financial Reforms In Indonesia |
| title_full | A Quest For Monetary And Financial Reforms In Indonesia |
| title_fullStr | A Quest For Monetary And Financial Reforms In Indonesia |
| title_full_unstemmed | A Quest For Monetary And Financial Reforms In Indonesia |
| title_short | A Quest For Monetary And Financial Reforms In Indonesia |
| title_sort | quest for monetary and financial reforms in indonesia |
| topic | Jurnal i-lib UGM |
| work_keys_str_mv | AT perpustakaanugmilib aquestformonetaryandfinancialreformsinindonesia AT perpustakaanugmilib questformonetaryandfinancialreformsinindonesia |