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Government debt and fiscal sustainability : A case study of Indonesia 1988-2001

This paper examines the dynamics of the Indonesian government's debt during the period of 1988-2001, its estimation and the impact on the government budget until 2007, by using the Branson model and the Present Value Constraint for the budget. Based on the evaluation, it can be conluded that after the crisis in 1997-1998, public debt movements tended to be explosive and, consequently, caused the budget condition to be relatively unsustainable. The discussion also concludes that at least for the medium-term, there should be a serious effort to reduce the budget deficit to achieve a sustainable fiscal condition. Even though the analysis covers only the period up to 2007, some lessons to be learned and strategic steps for the future are presented, both for the revenues and expenditures side. .Baca di tempat

Ketersediaan

Call NumberLocationAvailable
EFI-55-3-2007PSB lt.dasar - Pascasarjana1
Penerbit Lembaga Penyelidikan Ekonomi dan Masyarakat FEUI.,
Edisi -
Subjek Indonesia
Government debt
Fiscal sustainability
Present value
Branson model
Constraint
ISBN/ISSN 0126155x
Klasifikasi -
Deskripsi Fisik -
Info Detail Spesifik -
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