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|Title:||Liquidity support and the financial crisis : the Indonesian experience||Authors:||Djiwandono, J. Soedradjad||Keywords:||DRNTU::Social sciences::Economic development::Indonesia||Issue Date:||2002||Source:||Djiwandono, J. S. (2002). Liquidity support and the financial crisis : the Indonesian experience. (RSIS Working Paper, No. 40). Singapore: Nanyang Technological University.||Series/Report no.:||RSIS Working Papers; 40/02||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.||URI:||https://hdl.handle.net/10356/91221
|Rights:||Nanyang Technological University||Fulltext Permission:||open||Fulltext Availability:||With Fulltext|
|Appears in Collections:||RSIS Working Papers |
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