Download or read book Nominal and Actual Objectives of Economic Policy Making in Indonesia written by Sitta Izza Rosdaniah and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia's Constitution makes it clear that the government should act to improve the welfare of the people, but there is little indication as to how it should go about doing so. Economic science gives plenty of guidance on this, and there are two basic lines of argument used to justify a role for government in economic affairs: efficiency and equity. Casual observation suggests that the policies of successive Indonesian governments have done little to improve efficiency, falling well short of dealing adequately with clear cases of market failure. At the same time, the government frequently intervenes in the economy when it appears it should not-driven mainly by political motives rather than economic logic. Poor policy choices hold back national development, and harm the interests of Indonesia's most disadvantaged citizens. This study examines the hypothesis that economic policy making in Indonesia generally has been strongly inclined toward redistribution of income at the expense of the poor, and has shown little concern for overcoming instances of market failure for the benefit of the general public. It bases its contributions on case studies in three important areas of government intervention in the economy: provision of electricity and road infrastructure, and redistribution income by various means. The author attempts to look beyond the immediate, visible effects of a number of key economic policies so as to highlight their ultimate consequences: in other words, to distinguish between those consequences that are seen, and those that are not. The basic finding is that these policies have done little to increase general prosperity, since their main-albeit hidden-objective typically has been to redistribute income and wealth in favour of those already better off, rather than to improve economic efficiency. It is argued that there are two main reasons why the task of correcting market failures is largely neglected: first, a lack of understanding of economic science on the part of many policy makers and the general public; and second, the fact that political considerations dictate that the objective of policy making is to favour particular interest groups rather than to maximise the material well-being of the population as a whole. The thesis is motivated by the belief that it is important to engage with the general public in order to demonstrate that the actual objectives of economic policy are often quite different from its nominal objectives. The important task of those with expertise in the field of economic science, in particular, is to strive continuously to explain and justify sound economic policies and the economic principles underlying them. This dissertation is an attempt to do just that.
Download or read book Indonesia written by Edimon Ginting and published by Asian Development Bank. This book was released on 2018-02-01 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book focuses on Indonesia's most pressing labor market challenges and associated policy options to achieve higher and more inclusive economic growth. The challenges consist of creating jobs for and the skills in a youthful and increasingly better educated workforce, and raising the productivity of less-educated workers to meet the demands of the digital age. The book deals with a range of interrelated topics---the changing supply and demand for labor in relation to the shift of workers out of agriculture; urbanization and the growth of megacities; raising the quality of schooling for new jobs in the digital economy; and labor market policies to improve both labor standards and productivity.
Download or read book Policies to Support the Development of Indonesia s Manufacturing Sector during 2020 2024 written by and published by Asian Development Bank. This book was released on 2019-01-01 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indonesia's gross domestic product growth rate declined significantly after the Asian financial crisis (AFC) of 1997–1998. The country's potential and balance-of-payments growth rates are only about 5.5% and 3%, respectively. One important reason is that the country's industrialization pace declined after the AFC. Today, Indonesia is still exporting many unprocessed natural resources and simple manufactures (not complex products) with a low income elasticity of demand. This report analyzes how Indonesia's manufacturing sector could diversify and upgrade during 2020–2024 and beyond. This is essential if Indonesia is to attain upper middle-income status as soon as possible. Policy makers and the private sector need to collaborate to identify the coordination failures that hamper the discovery of those products that Indonesia could successfully produce and export. These must be complex products with a high income elasticity of demand. The report proposes a number of policies to expedite this process.
Download or read book Teacher Reform in Indonesia written by Mae Chu Chang and published by World Bank Publications. This book was released on 2013-12-18 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book features an analysis of teacher reform in Indonesia, which entailed a doubling of teacher salaries upon certification. It describes the political economy context in which the reform was developed and implemented, and analyzes the impact of the reform on teacher knowledge, skills, and student outcomes.
Download or read book Macroeconomic and Monetary Policy Issues in Indonesia written by Akhand Akhtar Hossain and published by Routledge. This book was released on 2013-08-15 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following the acquisition of its sovereignty from the Netherlands in 1949, Indonesia experienced serious economic and political problems during the 1950s and 1960s, before entering a three-decade-long period of rapid economic growth. Hard-hit by the financial crisis of the late 1990s, Indonesia undertook a wide range of economic and financial reforms. These reforms served to prepare it well for the 2007-08 global financial crisis, through which Indonesia passed relatively unscathed. Drawing on empirical research, this book presents a comprehensive empirical study on the key macroeconomic relations and monetary policy issues in Indonesia. The book analyses monetary, fiscal and exchange-rate policies, looking at their interactions and impacts on the economy. It demonstrates how important macroeconomic management for monetary and financial stability is to sustained national economic growth and development. Data from the 1970s is compared and contrasted with 1950s data to analyse macroeconomic policies and issues in an historical context. Statistical and econometric techniques are juxtaposed with general empirical results to supplement informative discussion of macroeconomic and monetary developments. This book is a useful contribution to studies on macroeconomics and international development, as well as Southeast Asian studies.
Download or read book Institutions Goals Policies And Analytics In Economic Development written by Solomon I Cohen and published by World Scientific. This book was released on 2024-07-09 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of Development Economics (DE) has overstretched over time with risks of becoming shallow. There is a need for the compartmentalization of DE that focuses on simplification, oversight, productivity and relevance. This volume is a handbook in development economics with a compartmentalized perspective. It makes use of case study applications, both recent and over the last few decades. Next to 2 introductory chapters that elaborate on the development regions, the book falls in five parts.The first part, consisting of two chapters, displays structural/system changes in the development regions, examines institutions that discourage/promote development, and applies institutional modelling to related case studies of land reform in India and Chile.The second part, consisting of two chapters, takes the courageous step of discussing, measuring and posting the twin development goals of growth with redistribution as the primary development goals, and analysing their trade-offs for major countries in the six development regions. Secondary development goals are important but they correlate with the primary goals, and are considered as conditional.The third part, consisting of eight chapters, contains applications on multi-sector development policies. The applications use the Social Accounting Matrix and related economy wide modelling. They highlight alternative policies to achieve the development goals of growth and redistribution in Pakistan, Indonesia, Korea, UAE, Nepal, Sudan, Suriname and other countries.The fourth part, consisting of six chapters, examines human resource development and policies in the areas of labor market information systems, labor market adjustments, manpower forecasts, earnings profiles, educational plans, and intergenerational mobility, with case studies related to Pakistan, Indonesia, Colombia, Korea, Ethiopia.The fifth and final part, consisting of two chapters, focuses on world development and global governance; in particular the persistent income disparities at the global level in spite of the strengthened positions of the development regions in the world economy, the consequences of shifting dominance for world governance, the evaluation of the G-20, and a proposed more representative world governance. Throughout all chapters special attention is devoted to introducing and applying analytical methods that have proven to be fundamental in development economics.
Download or read book The Indonesian Economy written by Lili Yan Ing and published by Routledge. This book was released on 2017-09-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the backdrop of growing anti-globalisation sentiments and increasing fragmentation of the production process across countries, this book addresses how the Indonesian economy should respond and how Indonesia should shape its trade and industrial policies in this new world trade environment. The book introduces evaluation not on tariffs but on new trade instruments such as non-tariff measures (SPS, TBT, export measures and beyond border measures), and looks at industrial policies from a broader perspective such as investment, accessing inputs, labour, services, research and innovation policies. “The Open Access version of this book, available at http://www.taylorfrancis.com/books/10.4324/9781315161976, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.”
Download or read book Early Childhood Education and Development in Indonesia written by Amina Denboba and published by World Bank Publications. This book was released on 2015-08-06 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 2000s, Indonesia has taken a number of steps to prioritize early childhood development - ranging from the inclusion of Early Childhood Development (ECD) in the National Education System Law No. 20 in 2003 to a Presidential Declaration on Holistic and Integrated ECD and the launch of the country's first ever ECD Census in 2011. These policy milestones have occurred in parallel with sustained progress on outcomes included in the Millennium Development Goals, including for child malnutrition, child mortality and universal basic education. Additional progress could be achieved by strengthening ECD policies further. This report presents findings from an assessment of ECD policies and programs in Indonesia based on two World Bank tools: the ECD module of the Systems Approach for Better Education Results (SABER) and a guide on essential interventions for investing in young children. Results from the application of both tools to Indonesia are used to suggest a number of policy options for consideration.
Download or read book Evolving Monetary Policy Frameworks in Low Income and Other Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-10-23 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Download or read book Industrial Policy and Sustainable Growth written by Murat A. Yülek and published by Springer. This book was released on 2018-01-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume looks at the critical issues of industrial policy and sustainability. It assesses the gap between how developed and developing countries have integrated sustainability issues in their industrial policies, and how they should have ideally done so. The book looks at the specific issues of middle income trap, levels of industrialization and the distribution of manufacturing activities among nations, and presents analysis of sector and country specific policy case studies in areas such as health, energy, medical devices, aviation, automobile manufacturing. The volume also examines trade policies and their impact on industry and environment, and elaborate on how industrial policies involve selective direct and indirect sectoral policies which play a role in assisting policy makers manage objectives of catch up and sustainability.
Download or read book International Monetary Fund Annual Report 2019 Financial Statements written by International Monetary Fund and published by International Monetary Fund. This book was released on 2019-10-04 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: The audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018
Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Download or read book A History of the Global Economy written by Joerg Baten and published by Cambridge University Press. This book was released on 2016-03-10 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In co-operation with the International Economic History Association."
Download or read book Papua New Guinea Critical Development Constraints written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-04-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papua New Guinea's economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium Development Goals. This raises the question of how the country can make its economic growth high, sustained, inclusive, and broad-based to more effectively improve its population's welfare. This report identifies the critical constraints to these objectives and discusses policy options to help overcome such constraints.
Download or read book Financial Institutions and Policies in Indonesia written by Anwar Nasution and published by Institute of Southeast Asian Studies. This book was released on 1983 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes bibliographies.
Download or read book China s Grand Strategy written by Andrew Scobell and published by Rand Corporation. This book was released on 2020-07-27 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: To explore what extended competition between the United States and China might entail out to 2050, the authors of this report identified and characterized China’s grand strategy, analyzed its component national strategies (diplomacy, economics, science and technology, and military affairs), and assessed how successful China might be at implementing these over the next three decades.
