As the Indonesian economy is becoming progressively more integrated with the global economy, the impact of global economic shocks on the domestic economy is becoming more pronounced. Capital inflows, which trigger excessive liquidity and exacerbate the risk of a sudden reversal, pose a serious...

Central Bank Policy: Theory and Practiceanalyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and...

Central Bank Policy: Theory and Practice analyses policies and practices adopted by central banks globally, as well as the institutional arrangements underlying the principles of good governance in policymaking.Discussion focuses on philosophical and conceptual theories that have key...