Nirwanto, Nazief (2003) Efek kontraksi dari devaluasi: pengalaman Indonesia. Jurnal Ekonomi, 7 (2).

Full text not available from this repository.

Abstract

There are several reasons why adjustment are made on the excha rate of any given country. Balance of payments concerns stand out as most important among a host of other considerations. Exchange rate adjustments instance are used to favor some sectors of the economy relative to others. Devaluation is often resorted to favor domestic sector producing traded goo relative to those producing non-traded goods and services. Using a structural approach, this paper shows how income is redistributed from workers to p earners or from those who have lower propensity to save to high savers. Krugman-Taylor model of devaluation demonstrates that the 1978 devaluation in Indonesia had a contractionary effects on the economy. By comparing so economic indicators, before and after devaluation, it can be seen that the effect of devaluation on the economy is a noticeable contraction.

Item Type:	Article
Additional Information:	Nama : Nazief Nirwanto NIDN : 0723015001
Uncontrolled Keywords:	Contractionary effects, devaluation, Krugman-Taylor model
Divisions:	Fakultas Ekonomi dan Bisnis > S1 Ekonomi Pembangunan
Depositing User:	tassa Natassa Auditasi
Date Deposited:	10 Feb 2022 02:18
Last Modified:	10 Feb 2022 02:18
URI:	https://eprints.unmer.ac.id/id/eprint/2139

Actions (login required)

View Item