Archive for October, 2008

  • The rupiah has been drifting downwards in recent days and even dipped below the 10,000 level (against the USD) on Friday 25 October. Is this a problem? Some observers suggest that there are good arguments for action by Indonesian monetary authorities to try to hold the rupiah below the 10,000 […]

    What level for the rupiah?

    The rupiah has been drifting downwards in recent days and even dipped below the 10,000 level (against the USD) on Friday 25 October. Is this a problem? Some observers suggest that there are good arguments for action by Indonesian monetary authorities to try to hold the rupiah below the 10,000 […]

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  • In a previous posting I reported on a finding by the Constitutional Court that the government’s budget for 2008 (as well as previous budgets) infringed a recent amendment of the Constitution by failing to allocate at least 20% of government spending to the education sector. I also suggested that current […]

    Funding Education

    In a previous posting I reported on a finding by the Constitutional Court that the government’s budget for 2008 (as well as previous budgets) infringed a recent amendment of the Constitution by failing to allocate at least 20% of government spending to the education sector. I also suggested that current […]

    Continue Reading...

  • Along with the monetary authorities in many other countries, Bank Indonesia and the government are now acting to increase liquidity in the Indonesian economy, in the hope that this will protect against the possibility of a recession. It would be possible to increase liquidity simply by reducing the quantity of […]

    Monetary Policy Running off the Rails

    Along with the monetary authorities in many other countries, Bank Indonesia and the government are now acting to increase liquidity in the Indonesian economy, in the hope that this will protect against the possibility of a recession. It would be possible to increase liquidity simply by reducing the quantity of […]

    Continue Reading...