This paper employs Vector Autoregression (VAR) models to measure the impact of monetary policy shocks on regional output in Indonesia. Having incorporated a possible structural break following the aftermath of the 1997-98 Asian Crisis, the impulse response functions derived from the estimated...

This paper discusses a number of issues centred around the evaluation of the benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an ‘ordinary’ economic sector, and in the paper the policy implications of a number of the sector’s...

This paper aims to map out various research and policy challenges inherent in the need to cope with climate change. Therefore, four critical domains are identified which will most likely be seriously affected by climate change. Next, both the global/general and the regional/specific dimensions...