Bank of Japan is squeezed

Article Abstract:

Bank of Japan may be forced to do more to stimulate the Japanese economy, under legislation that could soon be introduced in parliament. The central bank would be ordered to set a goal of 2% inflation to replace the 1.5%/year deflation that is now hobbling the economy. Princeton University professor Paul Krugman, who predicts economic catastrophe in Japan, also predicts that China's economic growth could be jeopardized if it does not continue making reforms.

China, Public Finance Activities, Japan, Strategy & planning, Forecasts, trends, outlooks, Administration of General Economic Programs, Fiscal Policy, General Economic Programs, Finance, Economic policy, Bank of Japan

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Jakarta: No capital controls

Article Abstract:

Indonesia's central bank is cutting offshore trading of the rupiah in order to help increase its value against the dollar, but investors who want rupiah for commercial purposes will not be affected. The Indonesian Bank Restructuring Agency will merge or close banks with lower than 8% capital-adequacy ratios in order to avoid a capital crunch.

Financial management, Economic aspects, Indonesia. Bank Restructuring Agency, Rupiah (Indonesia), Central Bank of Indonesia

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Time for a major overhaul at Bank Indonesia

Article Abstract:

The loan debt of Bank Indonesia is affecting the national economy. Placing restrictions on their banking practices, and eliminating Indonesian currency and the central bank completely are two alternatives on how to handle the problems at the bank.

Government domestic functions, Editorial, Statistical Data Included, Bank Indonesia

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