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finance

Prabowo’s second year and the changing economic landscape
Academia 4 months ago

PREMIUM
Prabowo’s second year and the changing economic landscape

Prabowo’s populist, project-driven, fiscally expansionary approach has been unfolding in a fragile institutional setting.
Turning disaster into opportunity
Academia 4 months ago

PREMIUM
Turning disaster into opportunity

Asia and the Pacific is the world’s most disaster-exposed region, yet pre-arranged financing, including insurance, remains strikingly low with coverage below 1 percent in many developing countries.
Rethinking value-added taxes for developing economies
Academia 4 months ago

PREMIUM
Rethinking value-added taxes for developing economies

In resource-rich developing countries, value-added tax (VAT) has not delivered the expected benefits, failing to make up for lost tariff revenues and leaving governments with significant fiscal shortfalls.
The complex financial landscape transformation
Academia 4 months ago

The complex financial landscape transformation

We are undergoing complex, multidimensional simultaneous, interactive systems change
The untold business of Indonesia's private pawnshops
Academia 5 months ago

PREMIUM
The untold business of Indonesia's private pawnshops

While the OJK has issued a regulation to make licensing easier for private pawnshops, the government has yet to address the issues of governance, oversight and whether or not to integrate this lucrative but marginalized business so it can truly contribute to growth.
A gentle reminder to Prabowo
Editorial 5 months ago

A gentle reminder to Prabowo

The President should consult with his aides before striking a deal with a foreign leader or institution. 
Puncturing the myth of central bank independence
Academia 5 months ago

Puncturing the myth of central bank independence

Central bankers are the high priests of high finance. That is because they control high-powered money, commonly known as the monetary base, or the sum of currency in circulation plus commercial bank deposits with them. 
Financial inclusion or digital illusion: Rethinking Indonesia's online lending
Academia 5 months ago

Financial inclusion or digital illusion: Rethinking Indonesia's online lending

Amid a collective movement of debtors reusing to repay illegal online lenders is emerging a new model called ecosystem lending that blends digital flexibility with banking discipline, offering a way to get back on track toward realizing the aspirational goal of financial inclusion.
How Indonesia’s banks can break free from legacy constraints
Academia 5 months ago

PREMIUM
How Indonesia’s banks can break free from legacy constraints

Despite the country’s rapid digital adoption in recent years, a significant percentage of the banking system continues to operate on legacy infrastructure developed decades ago.
Tightening digital tax rules in sweeping VAT overhaul
Academia 6 months ago

PREMIUM
Tightening digital tax rules in sweeping VAT overhaul

More than a bureaucratic adjustment, this overhaul signals a strategic realignment of Indonesia’s economic policy in the digital age.
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