Inflation in November virtually confirms that FY 2017 inflation will remain well below 3.50% range and will be close to 3.0-3.2%. Nevertheless, we see inflation to stabilize and 2018 inflation to remain within BI’s goal of 3.5±1%, given the signs towards stronger household consumption in 2018. As major central banks, such as the Fed, ECB, […]
Yusuf Sofiyandi and Muhammad Halley Yudhistira Abstract: Low level of seaport reliability is one of the crucial problems amidst the increasing trend of seaborne trade in Indonesia. Main seaports in Indonesia are suffering because of longer dwelling time relative to other international seaports in South East Asian countries partly due to poor administrative process. This […]
Satu bulan sebelum akhir tahun 2017, inflasi tercatat sebesar 0,20% (mtm) atau 2,87% (ytd). Inflasi bulan November 2017 meningkat signifikan dibandingkan bulan Oktober 2017 sebesar 0,01% (mtm), namun lebih rendah dibandingkan bulan November 2016 sebesar 0,47% (mtm). Seperti yang telah diprediksi bulan lalu, kenaikan inflasi bulan November 2017 didorong oleh kenaikan harga dari barang bergejolak […]
Dhaniel Ilyas Abstract: Survivability (resilience) of Indonesia small and micro firms seems to have a strong relation with firm’s size. Smaller firms have higher probability to operate longer due to their flexibility. These resilience is related to their choice of using only their owned self-capital without making any bank/non-bank loans. The characteristic make them tougher […]
Lower-than-expected October inflation and Q3 GDP growth might not seem be an ideal situation for BI to suspend rate cut, but such move (or lack thereof) may be a necessary evil for the next few months. As major central banks, such as the Fed, ECB, and Bank of Japan started to normalize their monetary policy […]
In its pursuit of higher growth and inclusive prosperity, Jokowi administration put infrastructure constructions as its flagship agenda and allocate massive budget for infrastructure development. While in theory infrastructure investments should accelerate growth, there is growing disconnect between infrastructure push by government and economic growth; even as budget allocation for infrastructure in 2017 increased by […]
Alvin Ulido Lumbanraja Abstract: This paper extends the key findings of Kruger & Dunning (1999), which shows that people who are unskilled in a given domain tend to be unaware of their lack of skills, to government circle that is supposed to be filled by professionals. This paper compared individual government officials’ self-assessment of their […]