Bank Indonesia Policy Mix

Juda Agung, Solikin Juhro, Yati Kurniati, Reza Anglingkusumo and Sahminan Sahminan
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Juda Agung: Bank Indonesia
Yati Kurniati: Bank Indonesia
Reza Anglingkusumo: Bank Indonesia

Chapter Chapter 8 in Central Bank Policy Mix: Issues, Challenges, and Policy Responses, 2022, pp 135-151 from Springer

Abstract: Abstract This chapter focus on the experience of the Bank IndonesiaBank Indonesia (BI) in implementing policy mixPolicy Mix after the GFCGFC between 2008 and 2015. It elaborates the policy challenges and policy responsesPolicy Response that BI undertook given complex challenges in the aftermath of the GFCGFC. Under BI's policy mixPolicy Mix response, the integration of monetary and macroprudentialMacroprudential policy provides better results in terms of mitigating excessive macroeconomic and financial sector fluctuations compared to any single policy instrument.

Keywords: Policy mix; Bank Indonesia; Global financial crisis/GFC (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-6827-2_8

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DOI: 10.1007/978-981-16-6827-2_8

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