Policy adjustments to the oil boom and their evaluation: The Dutch Disease in Indonesia

World Development

Volumn 24, Issue 5, 1996, Pages 887-900

  Usui, Norio ^a  

^a CHIBA UNIVERSITY   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

BUDGETARY POLICY; DEVELOPING COUNTRY; DUTCH DISEASE; EXCHANGE RATE POLICY; MACROECONOMIC MANAGEMENT; NATIONAL ECONOMY; OIL BOOM; POLICY IMPACT;

INDONESIA;

EID: 0030458156     PISSN: 0305750X     EISSN: None     Source Type: Journal    
DOI: 10.1016/0305-750X(96)00008-3     Document Type: Article

References (16)

1. Aghevli, B. B., and M. S. Kahn, "Inflationary finance and the dynamics of inflation: Indonesia 1951-72," American Economic Review, Vol. 67, No. 3 (1977), pp. 390-403.
2. Asher, M. G., and A. Booth, "Fiscal policy," in A. Booth, (Ed.), The Oil Boom and After: Indonesian Economic Policy and Performance in the Soeharto Era (Oxford: Oxford University Press, 1992), pp. 41-76.
3. Bank Indonesia, Indonesian Financial Statistics (Jakarta: Bank Indonesia, various issues)
4. Connolly, M., and D. Taylor, "Testing the monetary approach to devaluation in developing countries," Journal of Political Economy, Vol. 84, No. 4 (1976), pp. 849-859.
5. Corden, W. M., "Exchange rate policy and the resource boom," Economic Record, Vol. 58 (1982), pp. 18-31.
6. Corden, W. M., and J. P. Neary, "Booming sector and de-industrialization in a small open economy," Economic Journal. Vol. 92 (1982), pp. 825-848.
7. Gelb, A., "Adjustment to windfall gains: A comparative analysis of oil exporting countries," in J. P. Neary, and S. Van Wijnbergen (Eds.), Natural Resources and the Macroeconomy (Oxford: Basil Blackwell, 1986), pp. 54-93.
8. Glassburner, B., "Macroeconomics and the agricultural sector," Bulletin of Indonesian Economic Studies, Vol. 21 (1985), pp. 51-73.
9. Lewis, S.R., "Primary exporting countries," in H. Chenery and T. N. Srinivasan, (Eds.), Handbook of Development Economics Vol. 2 (Amsterdam: North-Holland, 1989), pp. 1541-1600.
10. Nasution, A., Financial Institutions and Policies in Indonesia (Singapore: Institute of Southeast Asian Studies, 1983).
11. Neary, J. P., "Real and monetary aspects of the Dutch Disease," in K. Jungenfelt and D. Hague, (Eds.), Structural Adjustment in Developed Open Economies (London: Macmillan Press, 1985), pp. 357-391.
12. Pangestu, M. E., "The effects of an oil boom on a small oil exporting country: The case of Indonesia," PhD dissertation (CA: University of California, Davis, 1986).
13. Roemer, M., "Dutch disease in developing countries: Swallowing bitter medicine," in M. Lundahl (Ed.), The Primary Sector in Economic Development (London: Croom Helm, 1983). pp. 234-252.
14. Usui, N., "Policy adjustments in Indonesia during the oil export boom: A few puzzles in its fiscal and monetary policies," Technical Bulletin of the Faculty of Horticulture (Chiba University) Vol. 49 (1995), pp. 223-231.
15. Warr, P. G., "Indonesia's other Dutch Disease: Economic effects of the petroleum boom," in J. P. Neary and S. Van Wijnbergen (Eds.), Natural Resources and the Macroeconomy (Oxford: Basil Blackwell, 1986), pp. 288-320.
16. Warr, P. G., "Exchange rate policy, petroleum prices, and the balance of payments," in A. Booth (Ed.), The Oil Boom and After: Indonesian Economic Policy and Performance in the Soeharto Era (Oxford: Oxford University Press, 1992), pp. 132-158.