题目 Bank Sector Rehabilitation During Indonesia''s Crisis: Ten Poor Policy Choices
主讲人 Ross McLeod Professor
时间 2000年09月21日(星期四)14:00-15:30
地点 北京大学中国经济研究中心致福轩
主讲人简介
The Australian National University
Bank Sector Rehabilitation During Indonesia''s Crisis: Ten Poor Policy Choices
Ross McLeod Professor
The Australian National University
Indonesia''s banking sector rehabilitation has made little or nocontributionto economic recovery partly because poor policy choiceshave been adopted.Professor McLoed will discuss in details theshortcomings of ten major policycomponents, such as failure to sterilize the monetary impact of providing bankswith liquidity support, reducing instead of increasing the minimum capital adequacy requirement for banks, arbitrary closure of insolvent banks, arbitrary nationalization of insolvent banks, etc.. Implications of these shortcomings on Indonesia''s economic recovery will be discussed.