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Liquidity support and the financial crisis : the Indonesian experience

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Liquidity support and the financial crisis : the Indonesian experience

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dc.contributor.author Djiwandono, J. Soedradjad
dc.date.accessioned 2009-02-05T09:32:49Z
dc.date.available 2009-02-05T09:32:49Z
dc.date.copyright 2002
dc.date.issued 2009-02-05T09:32:49Z
dc.identifier.citation Djiwandono, J. S. (2002). Liquidity support and the financial crisis : the Indonesian experience. (RSIS Working Paper, No. 40). Singapore: Nanyang Technological University.
dc.identifier.uri http://hdl.handle.net/10220/4441
dc.description.abstract During the Indonesian financial crisis, Bank Indonesia provided liquidity supports to banks facing liquidity problems. This paper argues that this policy became a public controversy because of the magnitude of the possible loss to the governement, which ultimately would have to be borne by the taxpayers. Suspicions of corruption amongst bankers (as the receiving parties) and offficals of Bank Indonesia (as the party that made the decision and the provisions) also added to the public debate. The public's lack of understanding about the issues, given the non-transparency of operations in the banking sector in general, further complicated the issues.
dc.format.extent 45 p.
dc.relation.ispartofseries RSIS Working Papers; 40/02
dc.rights Nanyang Technological University
dc.subject DRNTU::Social sciences::Economic development::Indonesia
dc.title Liquidity support and the financial crisis : the Indonesian experience
dc.type Working Paper
dc.contributor.school S. Rajaratnam School of International Studies

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