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Bank Indonesia Policy Mix

In: Central Bank Policy Mix: Issues, Challenges, and Policy Responses

Author

Listed:
  • Juda Agung

    (Bank Indonesia)

  • Solikin M. Juhro

    (Bank Indonesia)

  • Yati Kurniati

    (Bank Indonesia)

  • Reza Anglingkusumo

    (Bank Indonesia)

  • Sahminan

    (Bank Indonesia)

Abstract

This chapter focus on the experience of the Bank IndonesiaBank Indonesia (BI) in implementing policy mixPolicy Mix after the GFCGFC between 2008 and 2015. It elaborates the policy challenges and policy responsesPolicy Response that BI undertook given complex challenges in the aftermath of the GFCGFC. Under BI's policy mixPolicy Mix response, the integration of monetary and macroprudentialMacroprudential policy provides better results in terms of mitigating excessive macroeconomic and financial sector fluctuations compared to any single policy instrument.

Suggested Citation

  • Juda Agung & Solikin M. Juhro & Yati Kurniati & Reza Anglingkusumo & Sahminan, 2022. "Bank Indonesia Policy Mix," Springer Books, in: Perry Warjiyo & Solikin M. Juhro (ed.), Central Bank Policy Mix: Issues, Challenges, and Policy Responses, chapter 0, pages 135-151, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-6827-2_8
    DOI: 10.1007/978-981-16-6827-2_8
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