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Articles 91 - 96 of 96
Full-Text Articles in Macroeconomics
Managing Productivity In The Infrastructure Sector: A Case Study From Indonesia, Eric R. W. Knight
Managing Productivity In The Infrastructure Sector: A Case Study From Indonesia, Eric R. W. Knight
Economics and Finance in Indonesia
This paper considers the nature of assessing productivity and effectiveness in infrastructure investment in the context of governments increasing investment in new infrastructure. Taking the case of energy infrastructure investment within Indonesia, this paper makes three contributions: (i) develops a model for assessing infrastructure productivity based on landscape, regime and niche-level changes, (ii) suggests the interconnection between these levels based on sequencing multi-level changes over time, and (iii) shows the role of supply and demand side initiatives in enabling new infrastructure investment is evaluated.
Current Account And Real Exchange Rate Dynamics In Indonesia, Firman Mochtar, Yoga Affandi
Current Account And Real Exchange Rate Dynamics In Indonesia, Firman Mochtar, Yoga Affandi
Economics and Finance in Indonesia
We analyze the role of both permanent and temporary factors in affecting the Indonesian current account and real exchange dynamics before and after 2000. Adopting Lee and Chinn (1998; 2006) approach as well as Chinn et al. (2007), two results stand out. First, we confirm that the behavior of the real exchange rate has altered since 2000. Identifications show that permanent shocks are the primary causes for the movements of the real exchange rate after 2000, while in the period before 2000, the Indonesian real exchange rates changes are characterized by greater dominance of temporary shocks. The apparent change in …
Improving Human Capital Through Better Education To Support Indonesia's Economic Development, Latif Adam, Siwage Dharma Negara
Improving Human Capital Through Better Education To Support Indonesia's Economic Development, Latif Adam, Siwage Dharma Negara
Economics and Finance in Indonesia
Despite Indonesia's impressive economic growth, it still lags behind other countries with a similar income level in terms of the quality of its human capital. This paper argues that one key factor explaining this low quality of human capital relates to the lack of focus and clear strategies to develop its education system. This paper attempts to assess Indonesia's current state of human capital development with particular focus on it's education sector. In order to benefit from its demographic bonus, Indonesia needs to to improve its current education and skill training system. Better education and skill training system will support …
Rural Electrification Program In Indonesia: Comparing Sehen And Shs Program, Maxensius Tri Sambodo
Rural Electrification Program In Indonesia: Comparing Sehen And Shs Program, Maxensius Tri Sambodo
Economics and Finance in Indonesia
In 2014, the Indonesian government has targets to obtain 80% of electrification ratio and 98.9% of rural electrification ratio. Extending the grid and off-grid connection has been done to obtain the targets. This paper aims to compare two main programs on rural electrification namely Super Extra Energy Saving (Super Ekstra Hemat Energi, SEHEN) that is belong to PLN (state owned company in electricity) and the Solar Home System (SHS) that is financed by the Ministry of Energy and Mineral Resources (MEMR). Indonesia has started the rural electrification program in the late 1950s, but how to provide electricity in a sustainable …
Revisiting Stock Market Integration Pre-Post Subprime Mortgage Crisis: Insight From Bric Countries, Rayenda Brahmana, Chin-Hong Puah, Kai-Hung Wong
Revisiting Stock Market Integration Pre-Post Subprime Mortgage Crisis: Insight From Bric Countries, Rayenda Brahmana, Chin-Hong Puah, Kai-Hung Wong
Economics and Finance in Indonesia
This study revisits the long-run relationships and short-run dynamic causal linkages among BRIC stock market, with the particular attention to the 2008 subprime mortgage crisis. Extending related empirical studies, comparative analyses of pre-crisis, and post-crisis periods were conducted to comprehensively evaluate how stock market integration was affected by financial crises. In general, after employing cointegration test and VAR test, the results reveal the increase of stock market integration in BRICs after the subprime crisis. The evidence also found that China stock market is the most influential among the BRICs, in which China stock market has the ability to Granger cause …
"Does Inflation Targeting Framework Make A Significant Difference In Lowering Price Level?" What Is Its Implication To Indonesia's Inflation Rate?, Faisal Rachman
Economics and Finance in Indonesia
In the last two decades many countries have been starting to employ Inflation Targeting Framework (ITF) as their main monetary policy framework. This is done to achieve an objective of anchoring public expectation on inflation which in the end will steer the price level movement towards ITF's ultimate target of relatively low and stable inflation rate. By conducting Difference-in-Difference method on panel data consisting of five countries implementing ITF since 2001 and twenty-one selected non-ITF countries for period 1990-2010, it is statistically proved that ITF adoption has a significant effect on inflation. In case of Indonesia, through Structural Break approach, …