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2002

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Observations And Modelling Of The Near Equatorial Tropical Atmospheric Boundary Layer, Aiman Abdalla Soleiman Jan 2002

Observations And Modelling Of The Near Equatorial Tropical Atmospheric Boundary Layer, Aiman Abdalla Soleiman

Student Works (2000-2009)

Existing models developed to simulate the evolution of the atmospheric boundary layer (ABL) have focused on the conditions prevalent in mid-latitude regions. The problem for these models in terms of their application to tropical conditions is that the mid-latitude ABL is, in many respects, physically quite different from that of the tropical ABL. Because of this, and due also to the relative lack of relevant atmospheric observations in tropical areas, the tropical ABL is incorrectly represented in such models, and also in various applications that use the mid-latitude ABL representation (for example, air pollution dispersion models). A recent review of …


Government Initiative In The Policy And Practice Of Sport For All In Malaysia, Phaik Lin Khoo Jan 2002

Government Initiative In The Policy And Practice Of Sport For All In Malaysia, Phaik Lin Khoo

Student Works (2000-2009)

This study explores the national initiative in the practise of sport for all from its inception in Malaysia until the year 2000. Background information of the sport scene in the country including the history of sport in the country and the importance of sport in the national agenda are discussed. The promulgation of the National Sports Policy in 1988 is evidence that the government secs sport playing an important part in Malaysian society. Three out of four of the policy objectives are related to sport for all. The methods of investigation in this study include documentary evidence and personal interviews. …


Penggunaan Teknologi Maklumat (It) Dan Penglibatan Jawatankuasa Kemajuan Dan Keselamatan Kampung (Jkkk) : Satu Kajian Kes Di Kawasan Dewan Undangan Negeri Melekek, Alor Gajah, Melaka, Mohamad Zabidi Zainal Jan 2002

Penggunaan Teknologi Maklumat (It) Dan Penglibatan Jawatankuasa Kemajuan Dan Keselamatan Kampung (Jkkk) : Satu Kajian Kes Di Kawasan Dewan Undangan Negeri Melekek, Alor Gajah, Melaka, Mohamad Zabidi Zainal

Student Works (2000-2009)

Wawasan Kerajaan Malaysia menjelang tahun 2020 ialah mewujudkan masyarakat bermaklumat dan berinformasi. Wawasan ini selaras dengan perkembangan pesat yang berlaku dalam 'Information Communication Technology' (ICT) pada masa ini. Berasaskan matlamat ini kerajaan telah merangka berbagai-bagai program. Program Gerakan Desa Wawasan (GOW) yang dilancarkan pada tahun 1996 adalah satu usaha untuk meningkatkan kesedaran penggunaan ICT kepada masyarakat luar bandar. Di bawah program ini Jawatankuasa Kemajuan dan Keselamatan Kampung (JKKK) dibekalkan dengan komputer untuk memperkukuhkan pengurusan dan pentadbiran kampung di samping memperkenalkan ICT di peringkat kampung. Kajian ini dijalankan adalah bertujuan untuk menilai sejauhmana keberkesanan program GOW dalam mewujudkan masyarakat celik ICT. …


The Relationship Between Selected Economic Indicators And The Malaysian Stock Index Futures, Irwaan Iskandar Abrahim Jan 2002

The Relationship Between Selected Economic Indicators And The Malaysian Stock Index Futures, Irwaan Iskandar Abrahim

Student Works (2000-2009)

This research examines the relationship between selected economics indicators and Malaysian Stock Index Futures. It also focusses on the relevancy of the Efficient Market Hypothesis (EMH) in a developing derivatives market in South East Asia, namely the Malaysian Stock Index Futures market. The relationship analysis between selected economic indicators and Malaysian Stock Index Futures may give better understanding the degree our derivatives market grasp economics factors in determining market change and movements. In an efficient market, the relevant signal to be used in trading is the futures price. The relative forecasting power of futures price is applied with the various …


The Need For A Competition Policy In Malaysia, Coreen Michele Bathman Jan 2002

The Need For A Competition Policy In Malaysia, Coreen Michele Bathman

Student Works (2000-2009)

The paper will address if there is a need for a competition policy in Malaysia. We will start by explaining the basic objectives of a competition policy and why it is important. We will describe the various actions and policies used to curb unfair competition as well as discuss different policy frameworks taken by countries like USA, EU, Korea and Japan. We will also very briefly look at the economic issues that arise from the interaction between competition policies and international trade policies. Once we understand the fundamental concepts above, we will then discuss if there is a similar need …


The Economic Impact Of Proton, Ai Ling Ng Jan 2002

The Economic Impact Of Proton, Ai Ling Ng

Student Works (2000-2009)

The automotive sector is seen as an important driver of industrial development, provider of technological capability, and generator of inter-industry linkages. Recognizing the importance of the industry in the country's industrial deepening process, the Malaysian government assumed a pro-active role in its development. In fact, among the ASEAN countries, it can be said that Malaysia has one of the most Interventionist regimes to promote and develop the local automotive Industry. This paper reviews the role of government policy In shaping the automotive industry in Malaysia and the Impact of the 1997 crisis. The Industry's robustness has been put into test …


Kajian Empiris Ke Atas Perhubungan Pelaburan Langsung Asing, Tabungan Dan Pertumbuhan Ekonomi, Tajul Ariffin Masron Jan 2002

Kajian Empiris Ke Atas Perhubungan Pelaburan Langsung Asing, Tabungan Dan Pertumbuhan Ekonomi, Tajul Ariffin Masron

Student Works (2000-2009)

Menjelang era globalisasi, seperti negara-negara yang lain, Malaysia juga tidak ketinggalan untuk meningkatkan daya saing. Pengalaman menunjukkan bahawa Malaysia tidak dapat lari daripada bergantung kepada modal asing, terutamanya pelaburan langsung asing (FOi). Dengan adanya usaha mewujudkan Koridor Raya Multimedia (MSC), iaitu satu usaha membawa Malaysia kepada dunia teknologi maklumat, pergantungan Malaysia terhadap modal asing semakin menjadi jelas, bukan setakat kerana Malaysia kekurangan modal, tetapi perkara terpenting ialah kerana keperluan teknologi asing yang tinggi untuk menjayaka projek ini. Walaupun Malaysia berjaya menarik pelaburan asing ke negara ini, tetapi persoalan yang wujud sekarang ialah sejauh mana pelaburan langsung asing telah berjaya k …


Determinants Of Inflows Of Foreign Direct Investment In Selected Southeast Asian Countries, Rajapaksa Pathirannahelage Rathanasiri Rajapaksa Jan 2002

Determinants Of Inflows Of Foreign Direct Investment In Selected Southeast Asian Countries, Rajapaksa Pathirannahelage Rathanasiri Rajapaksa

Student Works (2000-2009)

Southeast Asian countries experienced high growth of inflows of foreign direct investments in the past three decades. This study attempts to find the key factors that determine these inflows. In addition to that, the importance of such factors was investigated. Based on such findings, the future trend of FDI inflows to this region was also examined by forecasting. In many studies on this subject, the significance of various factors determinants of FDI was evaluated using econometric models. Results of such studies are often varied. Differences depend on the characteristics of the economies and the time examined. Using FDI inflows of …


Peranan Sains Perubatan Dalam Menentukan Hukum Keharusan Fasakh Kerana Penyakit, Azhar Abdul Aziz Jan 2002

Peranan Sains Perubatan Dalam Menentukan Hukum Keharusan Fasakh Kerana Penyakit, Azhar Abdul Aziz

Student Works (2000-2009)

The study of Islamic jurisprudence (fiqh) is a dynamic exercise. It constantly evolves and changes in certain time frames depending on situation, environment and the needs of human life in a particular place. The need of Islamic jurisprudence to change becomes obvious especially in the field of medical science that involves diseases (in this case sexual or reproductive diseases). This is due to advancements in medical technology in line with competition in globalization and paradigm shifts that have enabled certain diseases previously considered incurable to finally be treated or even fully cured. Even if this is not the case, a …


Penguasaan Tulisan Jawi Di Kalangan Pelajar Melayu : Suatu Kajian Khusus Di Uitm Cawangan Kelantan, Shahrizal Mahpol Jan 2002

Penguasaan Tulisan Jawi Di Kalangan Pelajar Melayu : Suatu Kajian Khusus Di Uitm Cawangan Kelantan, Shahrizal Mahpol

Student Works (2000-2009)

This academic study attempts to measure the level of achievement of Jawi among student's of UiTM Kelantan Campus. It also remains a question mark or the level of understanding among Malay students in general. Jawi originates from the Arabic alphabets . Its legacy was brought down to Malaya when Islam was first introduced. Its roofs was initially Arabic which was later customized to adapt the Malay culture and tradition. Jawi was not only used for literature purposes, more so it was practiced in the fine arts such as Khat which adorn mosques and decorate prayer halls (musalla). In this study …


Pembinaan Peradaban Ummah Dalam Menghadapi Cabaran : Perjuangan Dan Pemikiran Sayyid Qutb, Nooraini Sulaiman Jan 2002

Pembinaan Peradaban Ummah Dalam Menghadapi Cabaran : Perjuangan Dan Pemikiran Sayyid Qutb, Nooraini Sulaiman

Student Works (2000-2009)

Muslim Civilization Facing the Challenges: The Struggle and Thought of Sayyid Quth discusses various aspects of civilization with special the emphasis on spiritual civilization developed by Sayyid Qutb. Based on his idea on intellectual and political foundations, Sayyid Qutb tried to inject a new life to the Egyptian society. He emphasis is on the idea of reviving the civilization of the society based on aqidah, politics and syariah. This is because at that time the Egyptian had deviated from the Islamic way of life. He reinforced the concept of aqidah as a model to revive the ummah back to the …


The Role Of Internal Auditors In Institutions Of Higher Education : An Empirical Investigation, Zamzulaila Zakaria Jan 2002

The Role Of Internal Auditors In Institutions Of Higher Education : An Empirical Investigation, Zamzulaila Zakaria

Student Works (2000-2009)

This study reports on the empirical finding on the role of internal auditors in institutions of higher education in Malaysia. Good governance is precondition for competitiveness of a firm, market or economy. Institutions of higher education like other business entities also should maintain good governance. Overseas literature has shown the importance of internal auditing in management of institutions of higher education. Additionally, local internal auditing literature also revealed the importance of internal auditing as important governance structure in organization. This study provides empirical evidence on the existence and scope of internal auditing in institutions of higher education in Malaysia. This …


The Impact Of Bond Ratings On Equity Market : Malaysian Experience, P. Raman Ponnusamy Jan 2002

The Impact Of Bond Ratings On Equity Market : Malaysian Experience, P. Raman Ponnusamy

Student Works (2000-2009)

This research will examine the impact of bond ratings on market efficiency and stock returns. The study covered rating announcements from 1996 to 2001. Four types of rating announcements were covered namely initial announcement, reaffirmation, upgrades and downgrades. Each rating is categorized into investment grade and speculative grade. The mean adjusted model was used to determine the abnormal returns. The findings showed insignificant movement in abnormal returns for all type of ratings and also the sub-category of speculative and investment grades. The result also revealed that the market is efficient in semi-strong form as far as Malaysian market is concerned. …


Penglibatan Masyarakat Islam Dalam Aktiviti Pelaburan Di Bank Islam Malaysia Berhad (Bimb) : Suatu Kajian Di Banting, Selangor, Kamsuzilawati Kamin Jan 2002

Penglibatan Masyarakat Islam Dalam Aktiviti Pelaburan Di Bank Islam Malaysia Berhad (Bimb) : Suatu Kajian Di Banting, Selangor, Kamsuzilawati Kamin

Student Works (2000-2009)

Investment in Conventional economic has been practiced longer enough better than inventment in Islamic economic. For almost 20 years it has been introduced through the establishment of Bank Islam Malaysia Berhad (81MB), many scholars said that bank were insist on BBA and Murabahah (profit-based financing) modes of operations better than Mudafarabah and Musyarakah (equity-based financing) modes of operations although with the profit and loss sharing (PLS), its leads to better exploitation of labour and capital towards a just, stable and efficient society. This study tries to observe and evaluate the performances and the implementation of PLS in BIMB Holdings Berhad. …


The Implications Of The Financial Crisis For Malaysian Economy, Amir Raslan Abu Bakar Jan 2002

The Implications Of The Financial Crisis For Malaysian Economy, Amir Raslan Abu Bakar

Student Works (2000-2009)

Malaysia had been blessed by rapid economic growth for the past 10 years prior to 1997. In fact, the success of the Malaysian economy had caught the eyes of developed and developing countries to study how Malaysia managed to achieve such growth. However, when the currency speculators attacked the Thai bath in July, 1997, things started to change. That was the beginning point to the 'nightmare' that the Malaysian economy was about to suffer. Later, more and more firms had to cease operations due to financial difficulties. The unemployment rate and interest rate were increasing. The Malaysian government came up …


E-Commerce And Smes In Malaysia : Challenges And Future Prospects, Ruslan Halim Islahudin Jan 2002

E-Commerce And Smes In Malaysia : Challenges And Future Prospects, Ruslan Halim Islahudin

Student Works (2000-2009)

Electronic Commerce is poised to radically transform the way business is conducted in the future. The advancement of the Information Age has been accelerated by the invention of the Internet, which in tum is turning the whole world into a global village. Globalization will only benefit nations that is well versed in the new rules of the game of the Information Economy. It is imperative for a country like Malaysia to close the digital skill gap by improving the capacity of their workforces to play an active role in the Internet age. Malaysia needs to quickly close the Electronic Commerce …


A Monetary Analysis Of The Indonesian Economy, Elisabet Siahaan Jan 2002

A Monetary Analysis Of The Indonesian Economy, Elisabet Siahaan

Student Works (2000-2009)

This study is about monetary economic in Indonesia. There are three main topics on this study. First topic is about development of monetary economic in Indonesia. Second topic is about monetary policy in Indonesia. The third topic is about money supply in Indonesia. The period of this study is 1980-1999. The first topic provides a brief overview of the Indonesian monetary development, covers the three distinct periods of monetary experiences and financial regimes. The main period are pre-reform (pre-1983 ), post-reform (post 1983) and financial crisis(1997-1999). Second topic is about monetary policy in Indonesia. Indonesia's mam economic concern is development. …


Sikap Orang Asli Terhadap Media, Zaini Husain Jan 2002

Sikap Orang Asli Terhadap Media, Zaini Husain

Student Works (2000-2009)

The study was conducted to seek information on the attitude of aboriginies or Orang Asli toward,; electronic media and publication. The study focuses on various perspectives of attitude of Orang Asli in terms of radio and tv owner.\·hip, watching of television, listening to radio as well as readings. Questionnaires, observations and interviews were utilised in getting the required data from 133 respondents. The duration period of study is within three months. The respondents were chosen from three different settlements of Orang Asli; Kampung Bukit Cermin, Kampung Kenang dan Kampung Asap in the district of Kuala Kangsar, Perak. The study disclosed …


Performance Of Islamic Banking Scheme At Foreign Banks : A Malaysian Case Study, Luqyan Tamanni Jan 2002

Performance Of Islamic Banking Scheme At Foreign Banks : A Malaysian Case Study, Luqyan Tamanni

Student Works (2000-2009)

Using trend and ratio analysis, this study analyses the performance of Islamic banking operations at three foreign banks in Malaysia i.e. HSBC, OCBC and SCB:MB. Using the data from 1996-2000, it is possible to track progress and evaluate performances of the Islamic Banking Scheme (IBS) versus its conventional counterpart at these banks. It is also possible to examine the impacts of the Asian Crisis in 1997-98 to the Islamic banking operations, especially at the foreign banks. This study concludes that, during 1996-2000, Islamic banking operations at foreign banks have been performing considerably well, during and post the crisis. On average, …


Paradigma Al-Imam Al-Nawawi Dalam Pembangunan Insan : Satu Kajian Teks Terhadap Kitab Riyad Al-Solihin, Kamarul Azmi Jasmi Jan 2002

Paradigma Al-Imam Al-Nawawi Dalam Pembangunan Insan : Satu Kajian Teks Terhadap Kitab Riyad Al-Solihin, Kamarul Azmi Jasmi

Student Works (2000-2009)

The ideal and perfect human development is one of the development that is always discussed among the Western and Muslim scholars. Therefore, this research tries to reveal one of the processes in human development according to Al-Imam Al Nawawi's paradigm by doing text study of Kitab Riyad al-Solihin. The main objective of this research is to observe and to discover the different definition of human development according to Western and Islamic view and then to try to compare that definition with the definition of human development and its methodology according to Al-Imam Al-Nawaw1's paradigm. This research will also try to …


Does The Export-Led Growth Hypothesis Hold For Malaysia?, Beebee Rosida Nohur Jan 2002

Does The Export-Led Growth Hypothesis Hold For Malaysia?, Beebee Rosida Nohur

Student Works (2000-2009)

This paper examines the export-led growth hypothesis in Malaysia over the last 30 years using current techniques in econometric analysis of non-stationary time series. In order to avoid model misspecification, this study employs a multivariate framework. The basic objective of this study is to provide further empirical evidence on the merits of export-oriented strategies. The principal results emerging from our research are: Firstly, all the data series exhibit an autoregressive scheme of order one, that is they are I( 1) series and that exports, investment to output ratio, terms of trade and GDP in real terms are cointegrated. This implies …


Kesan Afta Ke Atas Industri Kereta Nasional (Malaysia), Kanageswary Ramasamy Jan 2002

Kesan Afta Ke Atas Industri Kereta Nasional (Malaysia), Kanageswary Ramasamy

Student Works (2000-2009)

Proton ditubuhkan pada tahun 1985 manakala Perodua ditubuhkan pada tahun 1994. Kini, Perodua dan Proton telah menjadi sebuah indutri kereta nasional yang amat popular di kalangan rakyat Malaysia. Selain itu, mereka juga telah membantu dalam perkembangan industri kereta Malaysia. Justeru itu, kajian dijalankan terhadap kesan AFTA ke atas industri kereta nasional serta keupayaanya dalam menangani cabaran AFT A. Kajian juga menghuraikan bagaimana dasar-dasar dan polisi-polisi kerajaan telah membantu dalam perkembangan industri kereta nasional Malaysia. Akhir sekali, kajian juga dijalankan untuk melihat kemampuan industri kereta nasional dalam menguasai pasaran domestik dan antarabangsa serta strategi-strategi yang dilaksanakan untuk menjamin kedudukannya dalam pasaran …


International Standard Organisation (Iso) : Keberkesanan Memenuhi Kehendak Pelanggan ; Satu Kajian Kes Di Institut Tadbiran Awam Negara (Intan), Maimunah Osman Jan 2002

International Standard Organisation (Iso) : Keberkesanan Memenuhi Kehendak Pelanggan ; Satu Kajian Kes Di Institut Tadbiran Awam Negara (Intan), Maimunah Osman

Student Works (2000-2009)

INTAN Kiara dan INTAN Kampus Wilayah Tengah (INTENGAH) telah menerima persijilan ISO 9001 pada 30 April 1997. Mulai dari tahun itu, pelaksanaan kursus INTAN di kedua-dua buah kampus adalah berpandukan prosedur kerja di bawah sistem kualiti yang ditetapkan berasaskan MS ISO 9001. Kajian sejauh mana keberkesanan pelaksanaan ISO dalam membantu peningkatan kualiti kursus INTAN tidak pernah dllakukan. Walaupun INTAN mengamalkan sistem penllaian maklumbalas peserta kursus di akhir setiap kursus, namun analisis penilaian tidak pernah dikaitkan dengan pelaksanaan ISO. Oleh itu pelaksanaan sistem kualiti di bawah ISO 9001 seolah-olah terasing, sedangkan matlamat utama pelaksanaan ialah memenuhi kehendak pelanggan. Kajian ini dibuat …


Dynamic Interactions Among Stock Prices, Interest Rates, Real Activity And Money In Malaysia, Chin Sieng Chong Jan 2002

Dynamic Interactions Among Stock Prices, Interest Rates, Real Activity And Money In Malaysia, Chin Sieng Chong

Student Works (2000-2009)

This study investigates the causal relations and dynamic interactions among stock prices, real interest rate, real money balances and real activity in Malaysia using monthly data from January 1987 to December 2001. This full sample period is also divided into two sub-periods for analysis. The first sub-period covers January 1987 to August 1998 while the second sub-period covers September 1998 to December 2001. The conventional unit root tests suggest that all variables are integrated of order one. This finding is further supported by the results of the unit root test which allows for a structural break in the series. All …


Bank Consolidation As A Strategic Response To The Banking Crisis : An Analysis Of The Choice Of Anchor Banks, Talagavathi R. Karapayah Jan 2002

Bank Consolidation As A Strategic Response To The Banking Crisis : An Analysis Of The Choice Of Anchor Banks, Talagavathi R. Karapayah

Student Works (2000-2009)

The financial crisis of 1997 and the result1ng effects showed the weaknesses and vulnerability of the Malaysian banking system. In addition, impending globalization and liberalization of the financial sector has increased the urgency to strengthen the banking sector. Strengthening of the banking sector was to be realized by the merger of banking institutions under 10 anchor banks. The decision to consolidate the banking industry under 10 anchor banks was a necessary decision but the reasons for the choice of these 10 banks were not explained. This paper looked at some of the possible reasons for the selection of the particular …


Industri Pengeluaran Makanan Di Malaysia : Prospek Dan Cabaran, Hasanah Badrul Jan 2002

Industri Pengeluaran Makanan Di Malaysia : Prospek Dan Cabaran, Hasanah Badrul

Student Works (2000-2009)

Krisis kewangan yang melanda negara pada Julai 1997 sebenarnya telah menyedarkan Malaysia tentang kepentingan bekalan makanan negara. Krisis ini telah mendorong kerajaan mengkaji semula Dasar Pertanian Negara (DPN) bagi tujuan meningkatkan sekuriti bekalan makanan negara. Matlamat kerajaan menjadikan Malaysia sebagai negara pengeluar makanan boleh dicapai melalui beberapa pendekatan, langkah, galakan, polisi dan kerjasama daripada semua pihak sama ada di peringkat nasional, negeri ataupun daerah. Isu sekuriti bekalan makanan merupakan isu yang penting dan berkait rapat dengan industri pengeluaran makanan negara. Industri pengeluaran makanan di Malaysia mempunyai potensi dan prospek masa depan yang cerah. Ini kerana industri pengeluaran makanan telah diberi …


An Analysis Of The Demand For Passenger Rail Services In Peninsular Malaysia, Tick Seng Lee Jan 2002

An Analysis Of The Demand For Passenger Rail Services In Peninsular Malaysia, Tick Seng Lee

Student Works (2000-2009)

Rail passenger service is an important part of Malaysia's public transport system where Keretapi Tanah Melayu Berhad (KTMB) is the only sole provider of intercity rail passenger services in Peninsular Malaysia. For years, there has been a decline in the number of intercity train passengers. This paper attempts to evaluate the factors, which determine the demand for rail passenger services. Binary logit models were built based on the data collected from the train passenger survey and bus passenger survey that were conducted across the Peninsular whereby the socioeconomic and demographic variables were coded into dummy variables so that these variables …


The Building Of A Modern Turkish Civilization : A Study Of Kemal Ataturk's Vision And Approach To Nation-Building, Pauline Meng Juak Lim Jan 2002

The Building Of A Modern Turkish Civilization : A Study Of Kemal Ataturk's Vision And Approach To Nation-Building, Pauline Meng Juak Lim

Student Works (2000-2009)

This dissertation aims to study Kemal Ataturk' s vision and approach in building a modem Turkish civilization. Turkish civilization dates back to ancient history and has seen the rise and fall of many dynasties and their accompanying civilizations. One such civilization was the Ottoman Empire which ruled and dominated Turkey for nearly six centuries, till its collapse in the early 20th century. It represented a nation deeply steeped in religious values and traditions which towards the last century of its decline, sought unsuccessfully to incorporate western ideas of science and technology in an effort to strengthen itself against the encroaching …


The Determinants Of Private College Tuition Fees : A Hedonic Approach, Miin See Jan 2002

The Determinants Of Private College Tuition Fees : A Hedonic Approach, Miin See

Student Works (2000-2009)

In the private higher education markets in Malaysia today, education programs are marketed like any other commercial products. The programs are designed, packaged, priced and sold to the consumers - the students. Due to the fact that in these markets, the students are mostly self-funded (without scholarship) pricing strategy is one of the most important marketing tools used by the private higher education institutes (PHEIs). Using the hedonic pricing model, this study has identified several factors that are influential in determining the tuition fee of a degree program offered by a PHEI in Malaysia. This study investigates two markets: the …


Krisis Minsky Dan Kerapuhan Sistem Kewangan Di Indonesia, Irfan Sungkar Jan 2002

Krisis Minsky Dan Kerapuhan Sistem Kewangan Di Indonesia, Irfan Sungkar

Student Works (2000-2009)

Berbagai keterangan dan jawapan telah diberikan oleh para pakar ekonomi dalam menjelaskan mengapa krisis kewangan boleh berlaku, termasuk dalam kes yang terjadi di Indonesia. Akan tetapi, secara amnya jawapan yang diberikan tersebut masih belum meyakinkan dan boleh dipertikaikan. Kertas kerja ini membahas apakah hipotesa dan hujah Minsky berkenaan dengan ketak-stabilan kewangan boleh diterapkan dalam memberikan penjelasan yang menyeluruh mengenai terjadinya krisis kewangan di Indonesia. Hujah Minsky berkenaan dengan terdapatnya suatu anjakan yang secara endogenous menyebabkan sistem kewangan menjadi tak stabil akan dikaji kesesuruannya di Indonesia. Hasil analisa dan dapatan kajian adalah membuktikan bahawa sememangnya telah terjadi suatu anjakan menuju ketak­stabilan …