Institute for Economic and Social Research – Faculty of Economics and Business – Universitas Indonesia

The Leading Indicator of Financial Stability in Indonesia

Financial system instability in Indonesia would lead to escalating pressures to both micro and macro condition, and also potentially induce high costs in the presence of financial rescue. Based on the global financial crisis of 19971998 and 20082009, a financial crisis could spread and has contagion issue as economy is relatively open among the countries. […]