Entries by Norman Joshua, https://indonesiaatmelbourne.unimelb.edu.au/author/normanjoshua/

Will Perry Warjiyo’s exit mark the end of a reformed Bank Indonesia?

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The real question here is not merely whether the next governor possesses technical credentials. It is whether the process results in the appointment of a governor able and willing to defend the rupiah, when doing so requires higher interest rates, tighter liquidity or resistance to government financing, and whether that governor can do so without jeopardising his or her tenure.

Indonesia’s economic centralisation under Prabowo

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The question for Indonesia today is whether Prabowo’s unbridled centralisation will deliver the sustained economic growth that it promises, or merely build new institutions that distort the coordinating work of markets. Economic centralisation certainly offers more command over the nation’s wealth and a stronger hand in bargaining with the world, but any policy is only as good as the hands that work it.

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Melbourne Law School Asia Institute Centre for Indonesian Law, Islam and Society Indonesia Forum Faculty of Arts Indonesia Democracy Hallmark Research Initiative

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Date created: 1 July 2015

Editor: Ary Hermawan

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Dr Tim Mann
Aron Corbett

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