World Bank2014-01-282014-01-282013-10https://hdl.handle.net/10986/16640The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia's economy, and places these in a longer-term and global context. Based on these developments and on policy changes over the period, the IEQ regularly updates the outlook for Indonesia's economy and social welfare. Second, the IEQ provides a more in-depth examination of selected economic and policy issues, and analysis of Indonesia's medium-term development challenges. It is intended for a wide audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. A key component of the reform process has been the devolution of responsibility for basic education services to local governments and schools, and improvements in local governance can thus play a vital role in raising the quality of basic education and ensuring children leave school with adequate skills. Indeed, the Indonesian Local Education Governance (ILEG) surveys, conducted in 2009 and 2012, suggest that the quality of local governance is important for improving district education performance, making it important to continue to address key governance constraints, and to better coordinate and integrate central government financing in local education planning.en-USCC BY 3.0 IGOACCOUNTINGASSET PRICESAUCTIONSAVAILABILITY OF CREDITBALANCE OF PAYMENTSBALANCE OF TRADEBALANCE SHEETSBANK CREDITBANK LOANBANK PROFITABILITYBANKING ASSETSBANKING SECTORBASIS POINTBASIS POINTSBENCHMARK YIELDSBENEFICIARIESBENEFICIARYBILLBOND ISSUANCEBONDSBUDGET DEFICITBUY-BACKSCAPITAL ADEQUACYCAPITAL FLOWSCAPITAL FORMATIONCAPITAL INFLOWSCAPITAL STOCKCAPITAL STOCKSCASH TRANSFERSCENTRAL GOVERNMENT FINANCINGCERTIFICATES OF DEPOSITCOMMERCIAL BANKCOMMERCIAL BANK LENDINGCOMMODITY PRICECOMMODITY PRICESCONFIDENCE INDEXCONSUMER DEMANDCONSUMER GOODSCONSUMER PRICE INDEXCONSUMPTION EXPENDITURECONSUMPTION GROWTHCONTINGENCY PLANNINGCORE INFLATIONCORPORATE BONDCORPORATE BONDSCORPORATE DEBTCORPORATE INVESTMENTCREDIT GROWTHCREDIT OUTSTANDINGCREDIT QUALITYCREDIT RISKSCURRENCYCURRENCY DEPRECIATIONCURRENCY RISKSCURRENT ACCOUNTCURRENT ACCOUNT DEFICITDEBT OUTSTANDINGDEBT REPAYMENTSDEBT SERVICEDEBT SERVICINGDEMAND FOR CREDITDEPOSITDEPOSITSDEPRECIATION RATEDEVELOPING COUNTRYDISBURSEMENTDISBURSEMENTSDOLLAR PRICEDOMESTIC BONDSDOMESTIC DEMANDDOMESTIC DEMAND GROWTHDOMESTIC SECURITIESDOWNWARD PRESSUREECONOMIC DEVELOPMENTSECONOMIC GROWTHECONOMIC SHOCKSELASTICITY OF OUTPUTEMERGING MARKETEMERGING MARKET ECONOMIESEMERGING MARKETSENABLING ENVIRONMENTEQUIPMENTEQUITIESEQUITY FINANCINGEQUITY INDICESEXCHANGE RATEEXCHANGE RATESEXPENDITUREEXPENDITURESEXPORT COMPETITIVENESSEXPORT GROWTHEXPORT REVENUESEXPORT VOLUMESEXPORTERSEXTERNAL BALANCESEXTERNAL DEBTEXTERNAL DEBTSEXTERNAL DEFICITEXTERNAL FINANCINGEXTERNAL FUNDINGFEDERAL RESERVEFINANCIAL ASSETFINANCIAL ASSETSFINANCIAL CRISISFINANCIAL MARKETFINANCIAL MARKET PARTICIPANTSFINANCIAL MARKETSFINANCING REQUIREMENTSFISCAL DEFICITFISCAL POLICYFISCAL POSITIONFIXED CAPITALFOREIGN CURRENCYFOREIGN DIRECT INVESTMENTFOREIGN EXCHANGEFOREIGN EXCHANGE MARKETSFOREIGN INVESTMENTFOREIGN INVESTORSGLOBAL LIQUIDITYGLOBAL TRADEGOVERNMENT BONDGOVERNMENT BOND YIELDGOVERNMENT BOND YIELDSGOVERNMENT BONDSGOVERNMENT DEBTGOVERNMENT REGULATIONGROSS DOMESTIC PRODUCTGROWTH RATEHEDGESHUMAN CAPITALILLIQUIDITYIMPORTIMPORT DEMANDIMPORTSINCOME GROWTHINCOME TAXESINFLATIONINFLATIONARY EXPECTATIONSINFLATIONARY PRESSUREINFLATIONARY PRESSURESINFRASTRUCTURE INVESTMENTINFRASTRUCTURE INVESTMENTSINTEREST PAYMENTSINTEREST RATEINTEREST RATESINTERNAL AUDITINTERNAL FINANCINGINTERNATIONAL BANKINTERNATIONAL FINANCIAL MARKETINTERNATIONAL MARKETINTERNATIONAL TRADEINVESTMENT ACTIVITYINVESTMENT DEMANDINVESTMENT FLOWSINVESTMENT INFLOWSINVESTMENT LEVELSINVESTMENT LOANSINVESTMENT SPENDINGINVESTOR CONFIDENCELIQUIDITYLIQUIDITY MANAGEMENTLIQUIDITY RISKSLOANLOAN APPROVALSLOCAL CURRENCYLOCAL GOVERNMENTSMACROECONOMIC POLICYMARKET DEVELOPMENTSMARKET YIELDSMATURITYMONETARY POLICYNON-PERFORMING LOANSOIL COMMODITYOIL COMMODITY PRICESOIL PRICEOIL PRICESPOLICY RESPONSESPOLITICAL UNCERTAINTYPORTFOLIOPORTFOLIO INVESTMENTPORTFOLIOSPOST OFFICEPOVERTY REDUCTIONPRICE INCREASESPRIVATE DEBTPUBLIC FUNDSPUBLIC INVESTMENTPURCHASING POWERREPAYMENTRESERVERESERVE REQUIREMENTRESERVE REQUIREMENTSRESERVESRESIDENTIAL MORTGAGESRETURNSAVINGS ACCOUNTSHORT-TERM EXTERNAL DEBTSTOCK MARKETSTOCK PRICESTRONG COMMODITYSUSTAINABLE GROWTH RATESWAPTAXTERM DEPOSITTOTAL EXPORTSTRADE BALANCETRADE FINANCETRADE RESTRICTIONSTRADINGTRADING PARTNERTRADING PARTNERSTREASURYTREASURY BONDTREASURY BOND YIELDTREASURY NOTEUNEMPLOYMENT RATEVALUATIONVOLATILITY OF CAPITALWARRANTSWEALTH EFFECTSWORKING CAPITALWorld Bank10.1596/16640