Managing Capital Flows: The Case of Indonesia
Titiheruw, Ira S.; Atje, Raymond | March 2008
Abstract
This paper describes Indonesia’s experiences in managing foreign capital flows after the 1997 financial crisis. It highlights several differences in types and magnitude of capital flows from the pre-crisis period and reviews the determinants of capital flows including government policy and regulatory framework to respond to the influx of capital flows. The paper concludes that the country’s policy still focuses on ways to mobilize foreign (and domestic) capital to return in order to finance the resource gap by maintaining macroeconomic stability, improving the investment climate and enhancing prudential supervision of foreign capital flow utilization, particularly by the banking and private sectors.
Citation
Titiheruw, Ira S.; Atje, Raymond. 2008. Managing Capital Flows: The Case of Indonesia. © Asian Development Bank. http://hdl.handle.net/11540/3682. License: CC BY 3.0 IGO.Keywords
Regional Development Finance
Public Scrutiny of City Finances
Non-Bank Financial Institutions
Local Government Finance
Government Financial Institutions
Foreign and Domestic Financing
Financial Risk Management
Assessing Corporate Governance
Good Governance
Governance Approach
Public Accounting
Business Financing
Subsidies
Social Equity
Economic Equity
Project Risks
Project Impact
Public Administration
Corporations
Investment Requirements
Banks
|Taxing power
Tax administration and procedure
Tax policy
Effect of taxation on labor supply
Decentralization in government
Community power
Corporate divestment
Civil government
Delegation of powers
Equality
Neighborhood government
Subnational governments
Delivery of government services
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