WEKO3
アイテム
Transformation of the Financial Sector in Indonesia
https://doi.org/10.20561/00033201
https://doi.org/10.20561/0003320137844812-c42b-41e8-9d3b-ff6abce01ba6
名前 / ファイル | ライセンス | アクション |
---|---|---|
![]() |
|
Item type | アジ研テクニカルレポート / IDE Technical Report(1) | |||||
---|---|---|---|---|---|---|
公開日 | 2009-01-29 | |||||
タイトル | ||||||
タイトル | Transformation of the Financial Sector in Indonesia | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
資源タイプ | technical report | |||||
ID登録 | ||||||
ID登録 | 10.20561/00033201 | |||||
ID登録タイプ | JaLC | |||||
著者 |
濱田, 美紀
× 濱田, 美紀 |
|||||
著者別名 | ||||||
値 | Hamada, Miki | |||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | Introduction : The source and deployment of finance are central issues in economic development. Since 1966, when the Soeharto Administration was inaugurated, Indonesian economic development has relied on funds in the form of aid from international organizations and foreign countries. After the 1990s, a further abundant inflow of capital sustained a rapid economic development. Foreign funding was the basis of Indonesian economic growth. This paper will describe the mechanism for allocating funds in the Indonesian economy. It will identify the problems this mechanism generated in the Indonesian experience, and it will attempt to explain why there was a collapse of the financial system in the wake of the Asian Currency Crisis of 1997. History of the Indonesian Financial system The year 1966 saw the emergence of commercial banks in Indonesia. It can be said that before 1966 a financial system hardly existed, a fact commonly attributed to economic disruptions like the consecutive runs of fiscal deficit and hyperinflation under the Soekarno Administration. After 1996, with the inauguration of Soeharto, a regulatory system of financial legislation, e.g. central banking law and banking regulation, was introduced and implemented, and the banking sector that is the basis of the current financial system in Indonesia was built up. The Indonesian financial structure was significantly altered at the first financial reform of 1983. Between 1966 and 1982, the banking sector consisted of Bank Indonesia (the Central Bank) and the state-owned banks. There was also a system for distributing the abundant public revenue derived from the soaring oil price of the 1970s. The public finance distribution function, incorporated in Indonesian financial system, changed after the successive financial reforms of 1983 and 1988, when there was a move away from the monopoly-market style dominated by state-owned banks (which was a system of public finance distribution that operated at the discretion of the government) towards a modern market mechanism. The five phases of development The Indonesian financial system developed in five phases between 1966 and the present time. The first period (1966-72) was its formative period, the second (1973-82) its policy based finance period under soaring oil prices, the third (1983-91) its financial-reform period, the fourth (1992-97) its period of expansion, and the fifth (1998-) its period of financial restructuring. The first section of this paper summarizes the financial policies operative during each of the periods identified above. In the second section changes to the financial sector in response to policies are examined, and an analysis of these changes shows that an important development of the financial sector occurred during the financial reform period. In the third section the focus of analysis shifts from the general financial sector to particular commercial banks' performances. In the third section changes in commercial banks' lending and fund-raising behaviour after the 1990s are analysed by comparing several banking groups in terms of their ownership and foundation time. The last section summarizes the foregoing analyses and examines the problems that remain in the Indonesian financial sector, which is still undergoing restructuring. | |||||
権利 | ||||||
権利情報 | Copyrights 日本貿易振興機構(ジェトロ)アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp | |||||
収録情報 |
IDE Research Paper en : IDE Research Paper 巻 6, 発行日 2003-09 |
|||||
出版者 | ||||||
出版者 | Institute of Developing Economies, JETRO | |||||
著者版フラグ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
日本十進分類法 | ||||||
主題Scheme | NDC | |||||
主題 | 338.3 | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:N25 - Asia including Middle East | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:O16 - Financial Markets; Saving and Capital Investment | |||||
JEL分類 | ||||||
主題Scheme | Other | |||||
主題 | JEL:O53 - Asia including Middle East | |||||
地域/国名 | ||||||
位置情報(自由記述) | インドネシア | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Financial system | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Indonesia | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Economic development | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | International funding | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Financial reform | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | Financial policy | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | 金融システム | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | インドネシア | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | 経済発展 | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | 国際的資金援助 | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | 金融改革 | |||||
キーワード(LSH) | ||||||
主題Scheme | Other | |||||
主題 | 金融政策 | |||||
フォーマット | ||||||
内容記述タイプ | Other | |||||
内容記述 | application/pdf | |||||
DIG_NO | ||||||
内容記述タイプ | Other | |||||
内容記述 | ZRP200309_004 |