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Academia 6 months ago
PREMIUM
Burden sharing: From emergency lifeline to fiscal dependence?
While the burden sharing scheme was an apt instrument during the COVID-19 pandemic, it now risks becoming a fiscal dominance policy, blurring the line between fiscal and monetary policy, accelerating depreciation, eroding market trust and undermining the central bank's independence.
Economy 6 months ago
Bessent says US tariff revenue could be well over $500 billion a year
US Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump's tariffs may top US$500 billion a year, with a substantial jump from July to August and likely a bigger jump in September.
Academia 6 months ago
Multilateralism must work in practice
At 80, the UN stands at a crossroads as a stalwart of multilateralism, and the way forward is to show that this works through cooperation, prioritization and action that is inclusive and respectful of the needs of developing countries, especially for localized solutions.
Academia 6 months ago
PREMIUM
Indonesia at 80: A nation adrift, without a moral compass
At the age of 80, Indonesia has reached a crossroads where it must decide which path to take: the one it has trod in the past that benefits only a handful of elite, or a wholly new course to restore its moral compass and pursue prosperity for all.
Academia 7 months ago
PREMIUM
The silent threat to Indonesia’s budget sustainability
The seemingly positive fiscal trajectory hides a deeper vulnerability: the growing burden of debt servicing, which is steadily consuming a significant portion of the government’s revenue and narrowing its fiscal space.
Academia 9 months ago
PREMIUM
The de-dollarization trend and how to benefit from it
The growing trend of de-dollarization, especially on the heels of the MOU to promote local currency use signed last month between the central banks of Indonesia and China as well as the global turmoil following Trump's tariff policy flip-flop, presents a strategic opportunity for Indonesia to strengthen its fiscal and monetary policies.
