The paper elaborates some analytical opportunities for econophysics in the implementation of Basel II documents for banking. We see this chances by reviewing some methodologies proposed by the econophysicists in the three important aspects of risk management: the market risk, credit risk, and...

Poverty reduction is the focus of the Government. On the other hand, President Joko Widodo hopes that Indonesia will become a developed country that is indicated by high per capita income. To accept this challenge, building an inclusive development program that includes all components of the...

Abstract: Fiscal sustainability has been a hot topic recently. Both the experiences in the past and the Stability and Growth Pact in the European Union have been playing a great role in the revival of the interest in the issue. The European Pact has triggered the academician to pay more...

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...

This study aims to determine the effect of budget deficits on the current accounts deficit in Indonesia during 1990 – 2012. Based on quarterly time series data and using VAR model, the results of this study indicate that : (i) a positive effect of the budget deficit on the current account...

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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...

This study analyzes the effect of foreign direct investment (FDI) on economic growth in Indonesia. Panel data of 17 sub-sectors for the period 1994–2013 obtaining a balanced panel of 340 observations are used in the empirical estimation. The Fixed Effect Model is the best model based on...