Widigdo Sukarman
Universitas Gadjah Mada

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THE POLITICS OF BANKING: GLOBALISATION AND DOMESTIC POLICY CHANGE Widigdo Sukarman
Journal of Indonesian Economy and Business (JIEB) Vol 24, No 2 (2009): May
Publisher : Faculty of Economics and Business, Universitas Gadjah Mada

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (395.224 KB) | DOI: 10.22146/jieb.6322

Abstract

The current article aims to elaborate on the history of bank policy modifications as a response towards economic and financial change, mainly due to globalisation. The centralstatus of banks in the economy causes a need for the government to protect it in many forms that differ from one country to another. Bank policy makers that are closed oresoteric and are short-lived must be opened up to be able to receive long term ideas. The process is also marked intensively with competing interests between other actors of the government.Keywords: esoteric, globalisation, segmentation, deregulation, problem of coordination