The rise of the Indonesian Financial Service Authority [electronic resource] : domestic implementation gaps in portfolio investment liberalization / Chandra Kusuma.

Unlimited

Authorized users

Can lend chapters, not whole ebooks

The rise of the Indonesian Financial Service Authority [electronic resource] : domestic implementation gaps in portfolio investment liberalization / Chandra Kusuma.

9789811938504 (electronic bk.)
9811938504 (electronic bk.)
9811938490
9789811938498

Singapore : Palgrave Macmillan, 2022.

©2022

English

1 online resource

10.1007/978-981-19-3850-4 doi

HG187.I5 K87 2022eb

332.109598

This book focuses on the Indonesian Financial Service Authority (FSA), which is a newly established authority within Indonesian financial services institutions that has emerged as the ultimate decision-maker for portfolio investment liberalization. In doing so, the book elaborates on how the emergence of the Indonesian FSA has resulted in implementation gaps in Indonesia, in the area of portfolio investment liberalization. The book reveals that the endowment of an independent and free status, as well as the FSAs power over the Indonesian financial sector, has allowed agents in the FSA to provide different positions or responses to the already agreed ASEAN financial liberalization initiatives. Contrary to the expectations of most writers that the independent status of an institution would advance financial liberalization, this book shows that the independent and free status of the Indonesian FSA has actually stymied financial liberalization. To achieve this, the book employs a modified account of the historical institutionalism approach, or the agents-in-context approach, examining how and why the Indonesian FSA has emerged as an independent authority. The insights drawn from applying a modified historical institutionalism approach to the case study of Indonesian portfolio investment liberalization critiques and complements existing works in the regionalism literature in general, and ASEAN financial integration particularly. Chandra Kusuma is a senior official for the government at the Fiscal Policy Agency of the Ministry of Finance of the Republic of Indonesia (MOF), serving the Ministry since 2004. He is also a Sessional Lecturer at the Indonesian State College of Accountancy (PKN-STAN) teaching courses on Banks and Financial Institutions, as well as Macroeconomics. He holds a Ph.D. in International Political Economy from the University of Queensland, Australia.

Includes bibliographical references and index.

Access limited to authorized users.

Description based on print version record.

Print version: 9789811938498
Rise of the Indonesian Financial Service Authority

Online Resources > Ebooks
All Resources