{"product_id":"building-a-modern-financial-system-the-indonesian-experience-hardback-9780521570923","title":"Building a Modern Financial System; The Indonesian Experience (Hardback) 9780521570923","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eBuilding a Modern Financial System\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Indonesian Experience\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eTraces aspects of the development of Indonesia's financial system.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDavid C. Cole (Author), Betty F. Slade (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521570923, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 10 October 1996\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e408 pages, 60 tables\u003cbr\u003e22.9 x 15.2 x 2.7 cm, 0.77 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'This fine book is already a standard reference work on Indonesian financial development. It provides historical scope, both comprehensive coverage and institutional depth of detail, and insightful, very balanced policy analysis and assessment of the process over the past thirty years … In reading this book one gains a deepened appreciation of all that is needed to create a strong prudential system: the political will; the right laws and their strong enforcement; effective accounting, auditing, supervisory and inspection systems; adequate disclosure and transparency; and sufficient numbers of well-trained specialists to carry out these tasks. Moreover, once problems are discovered there has to be the political and institutional will to correct them rather than paper them over … In virtually all these respects Indonesia remains prudentially weak … This book is not only a case study of Indonesia, it is a model of the sort of studies we need for national experiences of financial development and, given Indonesia's earlier statist ideology, is of particular policy relevance for economies transiting from planned to market economies.' Hugh Patrick, Asian-Pacific Economic Literature\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eBuilding A Modern Financial System  provides penetrating insights into the upheavals in Indonesia, and explains the kinds of policies that can lead to the development of a modern financial system in a large, relatively underdeveloped country. The study covers all facets of the financial system, emphasising the role of the monetary authorities, the transition from government-dominated to a predominantly private banking system, and the rapid expansion of the capital market. Indonesia is a particularly interesting case because its economy and financial system was in shambles in the mid-1960s owing to political adventurism and economic mismanagement. Until more recently sensible economic policies and growth-promoting reforms provided  a sound financial system and a balanced expansion of agriculture and industry. However since the mid-1990's the stability of the Indonesian system has once again been called into question.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e1. Introduction\u003cbr\u003e 2. Overview of Indonesian financial development\u003cbr\u003e 3. Managing monetary policy\u003cbr\u003e 4. Credit allocation and bank supervision\u003cbr\u003e 5. Evolution of the banking system\u003cbr\u003e 6. Emergence of the capital market\u003cbr\u003e 7. Prudential and infrastructure development for the capital market\u003cbr\u003e 8. Modernizing the insurance industry and pension system\u003cbr\u003e 9. Finance companies, other specialized finance, and informal finance\u003cbr\u003e 10. The political economy of Indonesian financial reform\u003cbr\u003e 11. Some lessons from Indonesian experience.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Development economics \u0026amp; emerging economies [\u003ca title=\"See our other books on Development economics \u0026amp; emerging economies\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Development%20economics%20\u0026amp;%20emerging%20economies%20%5BKCM%5D%22\"\u003eKCM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46066000232728,"sku":"9780521570923","price":93.59,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521650885.gif?v=1691408683","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/building-a-modern-financial-system-the-indonesian-experience-hardback-9780521570923","provider":"Freshly Printed Books","version":"1.0","type":"link"}