Indonesia: Selected Issues
IMF Staff Country Reports, February 10, 2017
Source details
- Canonical URL
- Indonesia: Selected Issues
Other formats
Bibliographic details
- Published: February 10, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475577624.002
Capital inflows: key findings
- Capital inflows to Indonesia have increased since the global financial crisis.
- Average volume of capital inflows:
- 3.25 percent of GDP in 2005–09
- 4.50 percent of GDP in the first quarter of 2010 to the third quarter of 2016
- From the global perspective, liquidity released from the systemic economies’ unconventional monetary policies spurred a global search for yields that led to large capital inflows to emerging and developing economies (EMDEs), especially portfolio inflows.
- While many EMDEs experienced a steady decline in capital inflows during 2013–16, Indonesia’s capital inflows:
- increased and reached a peak in late 2014
- then started to decline but remained at relatively high levels from the first quarter of 2015 to the third quarter of 2016
Analytical emphasis
- The paper analyzes capital inflows to Indonesia since the global financial crisis, situating Indonesia’s experience within the broader EMDE trend driven by unconventional monetary policies in systemic economies.
- Emphasis is placed on portfolio inflows as a key channel of the global search for yields affecting EMDEs, including Indonesia.
Subject areas covered (as listed)
- Balance of payments
- Capital inflows
- Double taxation
- Expenditure
- National accounts
- Private investment
- Revenue administration
- Social assistance spending
- Taxes
International Monetary Fund. "Indonesia: Selected Issues" (February 10, 2017).
Content in this bundle
- Country Report