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Indonesia – Indonesia'S Responses To The Recent Economic Crisis

In: From Crisis To Recovery East Asia Rising Again?

Author

Listed:
  • Anwar Nasution

    (Faculty of Economics, University of Indonesia, Depok 16240, Jakarta, Indonesia)

Abstract

The following sections are included:INTRODUCTIONWEAK MACROECONOMIC FUNDAMENTALSExchange Rate MovementsWidening Current Account DeficitExternal DebtsInflation RatesBANKING CRISISSurges in Capital Inflows and LendingIncreasing Bank Liabilities with Large Maturity/Currency MismatchesWeak Financial Positions Of Banks And Highly Concentrated Problem LoansHeavy Government Involvement in Selection of Credit CustomersBad GovernanceLender of Last ResortPOLICY RESPONSESSTABILIZATION AND ADJUSTMENT PROGRAMMonetary PolicyFiscal PolicyShort-term Program to Protect the Poor from Falling Primary IncomeDealing with the Debt OverhangBank Restructuring ProgramPolicy Measures to Strengthen Market InfrastructureLESSONS AND POLICY RECOMMENDATIONSReferences

Suggested Citation

  • Anwar Nasution, 2001. "Indonesia – Indonesia'S Responses To The Recent Economic Crisis," World Scientific Book Chapters, in: Tzong-Shian Yu & Dianqing Xu (ed.), From Crisis To Recovery East Asia Rising Again?, chapter 10, pages 347-387, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812810496_0010
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