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The latest 2008 crisis has become a "proof" that the mainstream economics cannot avoid, or even predict, the economic meltdown. The teaching of conventional economics that tend to be homogenous and dominated by the new neoclassical synthesis is thought to be failed in predicting human behavior....
Persistent link: https://www.econbiz.de/10015239639
The policy of promoting development in the reform era of human development paradigm that puts people as actors and placing local economic development as a vehicle for community welfare. However, government policy as outlined in the budget form precisely the opposite direction to the proper role...
Persistent link: https://www.econbiz.de/10015250835
Market mechanisms in the era of globalization associated with the paradigm of the market economy along with the development of socialist economy, capitalist, or mixed. The market mechanism is a problem when the inefficient allocation of resources, market imperfections, and the cause of economic...
Persistent link: https://www.econbiz.de/10015250819
The Indonesian economy at this time is inseparable from the economic crisis that occurred in the international market. The government as a fiscal policy maker and Bank Indonesia as a monetary policy maker must be able to take appropriate policies to safeguard economic conditions if there is...
Persistent link: https://www.econbiz.de/10015265954
This paper is not intended to assess and to examine fiscal policies carried out by the fiscal authorities of any country, including the Indonesian government, but only to refresh theoretical fiscal policy functions, which are then linked to some facts of their implementation in a number of...
Persistent link: https://www.econbiz.de/10015266447