Archive for August, 2008

  • Indonesia’s inflation rate is now well over twice as high as the central bank’s target of about five per cent. There are two convenient scapegoats: big increases in both oil and rice prices. But the real explanation, as always, is unduly loose monetary policy. Such an assertion will seem implausible, […]

    Indonesia’s Inflation Outlook

    Indonesia’s inflation rate is now well over twice as high as the central bank’s target of about five per cent. There are two convenient scapegoats: big increases in both oil and rice prices. But the real explanation, as always, is unduly loose monetary policy. Such an assertion will seem implausible, […]

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  • The fourth amendment to Indonesia’s Constitution requires both central and regional governments to allocate at least 20% of their budgetary spending to education. Though it attracted little attention at the time, the absurdity of this amendment is now becoming more apparent. The entirely arbitrary 20% level far exceeds typical levels […]

    Education Spending and the Indonesian Constitution

    The fourth amendment to Indonesia’s Constitution requires both central and regional governments to allocate at least 20% of their budgetary spending to education. Though it attracted little attention at the time, the absurdity of this amendment is now becoming more apparent. The entirely arbitrary 20% level far exceeds typical levels […]

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  • It was reported last week that the government intended to continue to maintain ownership of Merpati Nusantara Airlines, even though the airline is losing over US$2.2 million a month on average. Indonesia’s airline industry has been growing at a remarkably rapid rate of around 16% annually during the last several […]

    Should Merpati be Privatised?

    It was reported last week that the government intended to continue to maintain ownership of Merpati Nusantara Airlines, even though the airline is losing over US$2.2 million a month on average. Indonesia’s airline industry has been growing at a remarkably rapid rate of around 16% annually during the last several […]

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  • Although measured levels of poverty have been falling in Indonesia in recent years, mass poverty remains a major public policy issue in Indonesia.   And there is much discussion within Indonesia as to the best policies for tackling poverty. The debate about mass poverty in Indonesia could usefully draw on material […]

    New ideas on chronic poverty for Indonesia

    Although measured levels of poverty have been falling in Indonesia in recent years, mass poverty remains a major public policy issue in Indonesia.   And there is much discussion within Indonesia as to the best policies for tackling poverty. The debate about mass poverty in Indonesia could usefully draw on material […]

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  • The rationale for privatisation of state enterprises is not well understood in Indonesia. Most seem to think that the objective is to generate extra revenues for the government, but the government can easily issue more bonds if it needs to generate more funds. The true economic rationale is in fact […]

    Why privatise? And how?

    The rationale for privatisation of state enterprises is not well understood in Indonesia. Most seem to think that the objective is to generate extra revenues for the government, but the government can easily issue more bonds if it needs to generate more funds. The true economic rationale is in fact […]

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  • Finance Minister Sri Mulyani was in Australia recently (Monday 4 August) to attend an APEC Finance Ministers meeting in Melbourne.  The issues discussed at the meeting may (or may not) signal an important change in approach to some aspects of regional economic policy-making in the ASEAN region. For a long […]

    APEC Meeting: New policies for Indonesia?

    Finance Minister Sri Mulyani was in Australia recently (Monday 4 August) to attend an APEC Finance Ministers meeting in Melbourne.  The issues discussed at the meeting may (or may not) signal an important change in approach to some aspects of regional economic policy-making in the ASEAN region. For a long […]

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  • Indonesians interested in pursuing postgraduate studies overseas may be interested in the Asian Development Bank-Japan Scholarship Program. Details here.

    Scholarships for postgraduate studies by Indonesian students

    Indonesians interested in pursuing postgraduate studies overseas may be interested in the Asian Development Bank-Japan Scholarship Program. Details here.

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