time-varying risk. Some work by Abel provided us with the insights needed to produce such formulas. This paper gives a …

This Selected Issues paper takes stock of the progress made in meeting the objectives under Indonesia’s Extended … emphasis on how Indonesia’s economic recovery compares with those of the other major Asian “crisis” countries. A major …, Indonesia’s overall economic performance has lagged behind others in the region …

Despite security risks and some major natural disasters, Indonesia has continued to make steady economic progress in …

The corporate sector in Indonesia has been recovering in recent years from the financial crisis of 1997–98. This paper … vulnerabilities. The decline in corporate leverage may have resulted to a large extent from supply-side constraints. Indonesia was the …

The abstract summarizes the Report on Observance of Standards and Codes and Fiscal Transparency Module of Indonesia. It …

This paper presents Indonesia’s 2005 Article IV Consultation and Third Post-Program Monitoring discussions. The … substantially reduced, and the external position has remained sound. In spite of these achievements, considering Indonesia …

This Selected Issues paper for Indonesia reports that following the major cleanup of the banking sector after the … ratios have declined and international reserves have risen, reducing domestic and external vulnerabilities. Indonesia stands …

This paper presents Post-Program Monitoring Discussions for Indonesia. Macroeconomic and financial market developments …