Macroeconomic Policies, Crises, and Long-term Growth in Indonesia: 1965 - 90
“The” World bank, 1994 - Business & Economics - 216 pages
Living Standards Measurement Studies Paper 104. The impact of children's health on their schooling success has been the focus of much research. While studies have concluded that there is a correlation between the health of the children and their performance at school, there is an increasing argument surrounding the limitations of the research. Many such studies measure schooling achievement through school attendance rates. This paper analyzes the failure of research to control for the fact that schooling and health are determined simultaneously. Such failure would lead to biased estimates. The study explores the possible biases and provides new evidence on the interrelationship between child health and schooling.
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The Political Economy of Policymaking in
Restoring Stability and Growth
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1978 devaluation 20 percent adjustment average balance of payments Bank Indonesia billion rupiahs borrowing budget deficit capital Central Bank Chapter competitive cost countries credit ceilings current account debt service deflator dirigiste Dutch disease effects enterprises expenditure external debt external shocks fiscal foreign exchange government investment Gross domestic Gross domestic product income increase industries inflation rate inputs interest rate labor loans macroeconomic macroeconomic policies ment Mexico monetary policy money supply Nigeria Nominal non-LNG exports nonoil exports nontradables official oil boom oil revenue output percent of GDP percentage points period Pertamina Pertamina crisis political price index price of oil private consumption private investment private sector production possibility frontier ratio real exchange rate real wage reserves result rice rural short-term Soeharto Soekarno Source subsidies Table tariff technocrats terms of trade tion tradable sector U.S. dollar World Bank World Bank data
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