Suchergebnisse

Many governments in developing countries have attempted to promote public investment by adopting market segmentation and enforced saving policies and providing cheap investment funds to public firms. The author presents a dual market model to describe these policy effects and scrutinizes the effects of financial repression and financial liberalization in developing countries with special reference to Indonesia. (DÜI-Sen)

This paper is an econometric study of the Indonesian economy. Our intention is to evaluate the interactions within the Indonesian economy, to forecast the selected economic variables under given assumptions, and to measure the effects of various policies. This is to be achieved through an cconometric analysis which uses the available statistics and which provides an analytical framework for the present national income statistics.

The authors aim at exploring quantitatively the trend of the exchange rate in conjunction with external transactions in Indonesia before and after the Asian currency crisis (ACC) started in July 1997 in Thailand. After reviewing the chronology of ACC and trends of recent variables in Indonesia, they discuss the possible determinants of the exchange rate. The authors then construct a monthly econometric model for the period February 1996 to December 1997 show the results of final test and factor decomposition of the changes of the exchange. (DÜI-Sen)