The Optimal Coordination Between Monetary and Fiscal Policy in Indonesia: Central Bank of Indonesia and Ministry of Finance Role

Based on the legal perspective, there have been varying levels of monetary and fiscal policy coordination in Indonesia which depending on the applicable legal framework. Under act Number 13 of 1968, Bank Indonesia was a member of monetary board chaired by the Finance Minister and including a government representative. This policy is directly coordinated to […]

Are We More Interconnected Today Than 20 Years Ago. If So, Are We Better Off?

As an archipelagic country of 17,508 islands, Indonesia is well known as a multicultural country with various diversity of cultures, ethnicities, and languages. The strategic sea-lane position as well as geographical position fostered inter-island and international trade since a long time ago in Indonesian history. Back then trading history of Indonesia started when Indonesia led […]