Publication
Nov 2002
This paper describes how during the Indonesian financial crisis, the national bank provided liquidity payments to banks facing financial problems. The author explains how the policy became the subject of much public controversy because of the magnitude of the risk and possible loss to the government and ultimately the taxpayer. The paper analyzes the open issues associated with the national liquidity support payments to private banks and sheds light on some of the general problems in the Indonesian banking sector.
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English (PDF, 45 pages, 512 KB) |
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Author | J. Soedradjad Djiwandono |
Series | RSIS Working Papers |
Issue | 40 |
Publisher | S. Rajaratnam School of International Studies (RSIS) |
Copyright | © 2002 Institute of Defence and Strategic Studies (IDSS) |