Journal of Indonesian Economy and Business
Vol 24, No 2 (2009): May

THE POLITICS OF BANKING: GLOBALISATION AND DOMESTIC POLICY CHANGE

Sukarman, Widigdo ( Universitas Gadjah Mada )



Article Info

Publish Date
26 Feb 2015

Abstract

The current article aims to elaborate on the history of bank policy modifications as a response towards economic and financial change, mainly due to globalisation. The centralstatus of banks in the economy causes a need for the government to protect it in many forms that differ from one country to another. Bank policy makers that are closed oresoteric and are short-lived must be opened up to be able to receive long term ideas. The process is also marked intensively with competing interests between other actors of the government.Keywords: esoteric, globalisation, segmentation, deregulation, problem of coordination

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