Iswardono Iswardono
Universitas Gadjah Mada

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Inflasi penerimaan pemerintah Iswardono Iswardono
Economic Journal of Emerging Markets Volume 2, 1994
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v2i1.6561

Abstract

Inflasi dikatakan "moderate", sedang atau lunak kalau mempunyai laju antara 15-30% per tahun. Ada beberapa negara yang telah berhasil meredam dan mengurangi laju inflasi dari "triple digit" menjadi "moderate" antara lain Columbia, Bolivia, Chile, Costa Rica dan sebagainya.
SUKU BUNGA DITURUNKAN, INVESTASI AKAN MENINGKAT ? Iswardono Iswardono
Journal of Indonesian Economy and Business (JIEB) Vol 14, No 2 (1999): April
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (311.867 KB)

Abstract

This paper examines whether reduction in discount rate would spur investment in Indonesia. This analysis is substantial; since there is an increasing demand from business people and economists, aimed to Bank of Indonesia, to reduce the SBI (Bank of Indonesia Certificate) rate. In this regard, the paper initially reviews several factors affecting investment: changes in the production function, relative price, discount rate, risk, and demand. Several empirical studies associated with investment function are also depicted in the paper. Several limitations in the Indonesian investment model are then followed. Eventually; this paper concluded that reduction in credit discount rate trough SBI does not necessarily affect investment, since investors are more concerned with risk factors underlining their future economy. Therefore; the government needs to induce a more transparent and certain condition, and hence provides a more perfect information for the business people to make clearer investment decisions.