| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 97-114 |
| Abstraksi Narasi | : | This paper tries to assess the effects of implementing foreign investment in Indonesia on the country`s imports from home countries. This effects is found to be sizeable as more than 50% of realised foreign investment in Indonesia is implemented in kind, i.e. by importing plant equipment. Furthermore, sectoral kind-cash financing ratios have been correlated with sectoral loan-equity ratios of realised investment from Japan as the largest country investing in non-oil sectors. This correlation is found to be negative and is explained by the way that investment legislation provides incentives for foreign investors to pay their equity contribution in kind and convey ownership of the plant equipment to local nationals later on. |
| Nama Pengarang | : | Hull, Terence H., Gouranga Lal Dasvarma, Rolf J. Langhammer, R.M. Sundrum, Booth, Anne, Ted Pawitra, Rietveld, Piet |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 115-122 |
| Abstraksi Narasi | : | Evidence from the 1985 Intercensal Survey (SUPAS 85) has confirmed the existence of a major fertility decline throughout Indonesia. The pace of the decline has been faster in 1980-85 than during the 1970s. On present trends, it should be possible to reach the ambitioustarget of halving fertility between 1979 and 1990. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 1-33 |
| Abstraksi Narasi | : | Indonesia continues to experience its worst economic recession in 20 years. There are signs of recovery, but the recovery is at best patchy, and formidable economic problems remain. The two major issues facing policy makers in the last few months--- and indeed since the beginning of 1986--- have been the restoration of macroeconomic balance and monetary stability, and the introduction of microeconomic reforms to hasten the pace od structural adjustment. Although the government has scored some notable successes on both fronts, much remains to be done. From May to August the authorities were wrestling with yet another speculative flight out of rupiah, fuelled by persistent rumours of a further devaluation and the reimposition of foreign exchange controls. The currency flight was finally subdued by a range of quite drastic measures, but the costs, in terms of deferment of longer run policy reforms, have been considerable. The government`s preoccupation with monetary stabilisation and the prospect of major Cabinet reshuffle in 1988 have resulted in the virtual neglect of urgently required programs. The contrast with the flurry of policy reforms in 1986 and early 1987 is stark. Nevertheless, there have been some notable achievements. First, the national accounts for 1986, released in August, revealed forecasts. Secondly, there has been a modest recovery in export prices: not enough to induce a return to rapid growth, but sufficient to provide some breathing space and to assist the process of structural reform. Thirdly, the devaluation and reform packages of the last 18 months are working well and appear to be paying dividends, particularly as far as manufactured exports are concerned. It is no exaggeration to say that, for the first time in its history, Indonesia is slowly emerging as a substantial exporter of these goods. Fourthly, and related to the third point, the September 1986. devaluation has---like that of April 1983---been particularly effective. There was a short burst of inflation after September, but nine months later it had largely abated. Finally, the government can take some credit for having withstood the speculative run on the currency. On the other side of the balance sheet many daunting problems remain. First, despite the large devaluation and improved trade performance, the current account deficit is still large and Indonesia`s external indebtedness, while nowhere near crisis proportions, is cause for considerable concern. Secondly, as noted, the sense of urgency and reformist zeal appears to have evaporated, at any rate for the time being. There have been no major trade and regulatory reforms since January 1987. A vigorous public debate over the role of state enterprises in the first few months of the year has subsided, although the issue is still thought to be on the policy agenda. More generally, there is much cause for concern that Indonesia is missing out on major commercial opportunities resulting from the rapid appreciation of the yen since September 1985--- both in attracting more Japanese investment and in increasing Indonesian exports to that country. Finally, although the food supply situation remains comfortable, a prolonged drought has affected food crop production. If the drought continues until late 1987 rice imports may again be required. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 52-79 |
| Abstraksi Narasi | : | The paper uses data from six West Java villages which were surveyed in 1976 and again in 1983 to examine the impact of temporary migration, mainly to urban areas, on the rural economy. It finds that despite substantial increases in rice production in the region in the years under discussion, a large proportion of the extra employment opportunities were in non-agricultural occupations in urban areas. Households from all socio-economic strata appear to have benefited from these employment opportunities. However much of the employment was seasonal in nature and most migrants returned to the village to take up agricultural employment at peak periods. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 80-99 |
| Abstraksi Narasi | : | Indonesia`s remarkable success in increasing rice production has been achieved through deliberate government intervention. This paper highlights the price policy interventions in the output and input markets for rice. Summary measures of these interventions are estimated and their impact on private profitability is determined. Economic profitability of paddy and rice production is also estimated for selected regions and these estimates are used to pinpoint comparative advantage across regions. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 100-107 |
| Abstraksi Narasi | : | Sjafruddin Prawiranegara was born in Anyar Kidul (West Java) in 1911, into a family descended from the Sultan of Banten, and then transferred to East Java, suspected of disloyalty to the Dutch Government. After attending school in Madiun and Bandung, he studied at the School of Law (Rechtshogeschool) in Jakarta, and graduated with a degree in law in 1939. He then joined the Ministry of Finance, and worked in the Tax Inspectorate in Kediri, becoming chief of the office after the Japanese occupation. Later he moved to Bandung, where he made contact with members of the underground resistance movement led by Sultan Sjahrir. In October, 1946, he became Minister of Finance in the third cabinet of Sjahrir, and played a key role in subsequent developments leading ultimately to Indonesia`s full Independence in 1949. He was Minister of Finance in the early post-Independence cabinets of Hatta and Natsir, and then became the first Indonesian president of the Java Bank (subsequently Bank Indonesia). In the early 1950s his debates with Professor Soemitro on economic policies became famous. In 1985 he became Prime Minister of the `Revolutionary Government` (PRRI) established in Bukittinggi in opposition to the government of President Soekarno in Jakarta. Although granted an official amnesty in 1961, Sjafruddin was imprisoned soon after his return to Jakarta in 1962, and released only after the fall of Soekarno. During the past two decades he has been closely associated with various Islamic groups, and has been forceful spokesperson for their viewpoint on contemporary political and social issues. In September 1986 Sjafruddin talked to Anne Booth and Thee Kian Wie about his career. The interview began with a question about his early years in colonial Indonesia. |
| Nama Pengarang | : | I.K. Nehen, I.R. Wills, Sjafruddin Prawiranegara, Ifzal Ali, Manning, Chris, Hill, Hal |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 34-51 |
| Abstraksi Narasi | : | This paper uses farm management and socioeconomic data collected in the Small Farm Mechanization Project conducted by the International Rice Research Institute, Los Banos, the Philippines, during 1979 and 1980 to analyse costs and benefits of tractors use in West Java. The main conclusion is that tractor land preparation is the optimum technique at market prices. It is also optimum at efficiency prices provided that tractor land preparation increases yield and each tractor is used to its full capacity. If tractors do not increase yield, manual land preparation is the optimum technique at efficiency prices. When the analysis is conducted using distributional weights, animal land preparation is, in general, the optimum technique. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 101-117 |
| Abstraksi Narasi | : | Mathematical programming models of six farm-households in South Sulawesi were developed to investigate sample farmers` choices between tractors and draught cattle for the preparation of rice land. Selected aspects of the research are summarised here. Previous work on the impact of tractor use on crop yields and labour supply are first outlined. The study area, kabupaten Luwu, is then described. The basic structure of the programming models is presented, followed by a discussion of the most significant results of the modelling, exercise. Implications regarding the importance of farmers` beliefs about the yield effects of tractor use are than discussed. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 1-37 |
| Abstraksi Narasi | : | During the four months that have elapsed since the last Survey (Pangestu 1987), public life in Indonesia has been dominated by political rather than economic events as attention has been focused on the April 23 elections to the House of Peoples` Representatives (Dewan Perwakilan Rakyat or DPR). The Indonesian authorities, as well as official and private observers both inside and outside Indonesia, have been preoccupied with the task of evaluating the signals emanating from the election campaign and assessing the political, social and economic implications of the Indonesian population`s political preferences as revealed by the election results. Although political matters have been at the centre of public attention, the decline in Indonesia`s economic fortunes has continued to generate a vigorous debate about appropriate policy responses. Issues such as the size of the foreign debt and the burden of servicing it have been widely discussed. The domestic debate has also influenced recent appraisals of the economy by international agencies such as the World Bank, whose report to the June meeting of the IGGI donors placed strong emphasis on the need for continuing deregulation of domestic markets, and reduce the proportion of export earnings which must be devoted to interest and principal repayments. |
| Nama Pengarang | : | - |
| Nama Majalah/Jurnal | : | Bies: Bulletin of Indonesian Economic Studies |
| Volume / Nomor Edisi | : | - |
| Nomor Halaman | : | 118-121 |
| Abstraksi Narasi | : | Editorial Note: Mohammad Saubari was Secretary-General of the Department of Finance in the early 1950s. After his suspension from the civil service during the Guided Democracy years, he worked for several United Nations agencies in Indonesia. The following note is based on his comments on the Indonesian translation of the interview with Professor Sumitro (Sumitro 1986), which were published in Kompas earlier this year, on his contribution to a commemorative volume published to honour Sjafruddin Prawiranegara in 1986, and on an interview which the gave to Anne Booth and Thee Kian-Wie in Jakarta in May 1987. |
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