Info Baru PDII Vol. 4 No. 1 Th.

2008-Januari

Essays in Macroeconomic Policy:

The Indonesian
Experience

Penulis:
Dr. Miranda S. Goeltom

Penerbit:
Gramedia Pustaka Utama
Jakarta, 2007

CONTENT

Analytical Foundations of Policy Formulation ix

Contemporary Economic Theories with Indonesia Case xi
Intuition vs. Science in Public Policy xii
Preface xv
Acknowledgements xix

I INTRODUCTION 1
1. Introduction 3

II MACROECONOMIC FRAMEWORK 11
2. Globalisation, Macroeconomic Management and
Impact on Business in Indonesia 13
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3. Balance Sheet Vulnerability and Macroeconomic

Management in Indonesia 33
4. Lackluster Growth amidst Macroeconomic Stability:
Indonesia Experience 67
5. Building Monetary and Financial Stability for Sustainable
Economic Growth 84
6. Monetary and Fiscal Policy Synergy in Indonesia 106
7. Monetary Policy and Financial Stability within the Global
Financial System: The Case of Indonesia 124

III CONCEPTS AND STRUCTURES OF

MONETARY IMPLEMATION 145
8. Toward inflation Targeting: The Post-Crisis
Monetary Policy Framework for Indonesia 147
9. Reassesing the IMF Programme in Indonesia 178
10. Perspectives on Time Consistency and Credibility in
Monetary Policy: The Case of Indonesia 195
11. Monetary Policy Management in an Uncertain
Environment: Challenges for Central Bank Communications
In Indonesia 216
12. Indonesia under the Free Floating Exchange Rate System 234
13. The Transmission Mechanisms of Monetary Policy in Indonesia 255

IV BANKING AND FINANCIAL SECTOR 295

14. Banking Reform in Indonesia: Progress and Outlook 297
15. Impact of Global Changes on the Indonesia Banking System 319
16. Financial Liberalisation, Financial Structures and Investment
In Indonesia 343
17. Bank Indonesia Policy for Building Financial Sector Resilience:
Perspectives on the Strategic Role of Good Governance 380
18. Fostering the Development of Indonesia’s Capital Market 397
19. Microfinance in Indonesia: Lessons to be Learned 414

V EXCHANGE RATE AND EXTERNAL SECTOR 431

20. Reinvigorating Indonesia’s Exports in Advance of
the New Millenium 433
21. An East Asian Central Bank: Is it a Desirable Form of
Monetary Coordination? 451
22. Globalisation of the World’s Financial System and Capital
Flows in Indonesia 459

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VI FISCAL POLICY 487

23. Economic and Fiscal Reforms: The Experience of
Indonesia, 1980-1996 489
24. Indonesian Foreign Debt Management 507

VII CAPITA SELECTA 529

25. Indonesian State-Owned Enterprise in the Ara of Globalisation 531
26. Public Policy Agenda and Women Role in Alleviating Poverty 556
27. Demographic Transition and Economic Growth Potential:
The Case of Indonesia 568

Jae/250108

Copyright © 2008 Pusat Dokumentasi dan Informasi Ilmiah (PDII)

Lembaga Ilmu Pengetahuan Indonesia (LIPI)
 Info Baru PDII Vol. 4 No. 1 Th. 2008-Januari

Copyright © 2008 Pusat Dokumentasi dan Informasi Ilmiah (PDII)

Lembaga Ilmu Pengetahuan Indonesia (LIPI)
 Info Baru PDII Vol. 4 No. 1 Th. 2008-Januari

Copyright © 2008 Pusat Dokumentasi dan Informasi Ilmiah (PDII)

Lembaga Ilmu Pengetahuan Indonesia (LIPI)
 Info Baru PDII Vol. 4 No. 1 Th. 2008-Januari

Jae/240108

Copyright © 2008 Pusat Dokumentasi dan Informasi Ilmiah (PDII)

Lembaga Ilmu Pengetahuan Indonesia (LIPI)