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Aid and fiscal behaviour in indonesia: the case of a lazy government
(IPB (Bogor Agricultural University), 2005)
This paper aims to assess the effects of aid on fiscal behavior in Indonesia. There are four main findings. First, aid inflow is primarily driven by the need to fill the fiscal gap. That is, aid is demand driven. Second, ...
Indonesia’s Monetary Policy Dilemma-Constraints of Inflation Targeting
(IPB (Bogor Agricultural University), 2010)
This research was motivated by current constraints on macroeconomic policy-making in Indonesia. On the fiscal side, the government is burdened with debt and the pressure to maintain social expenditure. On the monetary side, ...