Monetary Policy and the Exchange Rate During the Crisis

1 August 2000

journal article
research article
Published by Taylor & Francis in Bulletin of Indonesian Economic Studies

Vol. 36 (2) , 43-60
https://doi.org/10.1080/00074910012331338883

Abstract

This paper examines monetary policy during the Indonesian crisis, looking in particular at what should have been the proper focus of policy. Both the exchange rate and money base have been suggested as appropriate policy objectives, but it is argued here that neither provides adequate policy guidance during a crisis.

Keywords

MONETARY POLICY

This publication has 3 references indexed in Scilit:

Bank Indonesia and The Recent Crisis
Bulletin of Indonesian Economic Studies, 2000
Economic Crises: Evidence and Insights from East Asia
Brookings Papers on Economic Activity, 1998
Explaining chronic inflation in Indonesia
The Journal of Development Studies, 1997