Macroprudential Inclusive Policy: Strategies for Banking Sustainability in Indonesia During the Covid-19
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 05
Abstract
The main challenge that remains in the process of economic recovery and financial system stability in Indonesia is restoring the banking intermediation function. The purpose of this research is to explain the macroprudential policy as one of the central bank policies in maintaining banking sustainability in Indonesia. This research was conducted using a descriptive qualitative method based on the philosophy of post-positivism. The data collection technique was carried out by interview, so that the final result gave rise to a statement or a thesis. The informants in this study are economic practitioners who are observers of banking monetary policy in Indonesia and senior managers of government bank areas who are experts in the formulation of bank monetary policy. Informants were selected using the snowball sampling technique. The results of this study conclude that macroprudential policies have an impact on the sustainability of banking in Indonesia during the Covid-19 pandemic. In general, macroprudential policies maintain the stability of the Indonesian financial system from two dimensions (cross-section and time series). This macroprudential policy is not a popular policy, but it is very important in order to prevent banking systemic risk in Indonesia.
Authors and Affiliations
Widodo Winarso, I Made Laut Mertha Jaya
Keywords
Related Articles
- EP ID EP727051
- DOI 10.47191/jefms/v6-i5-24
- Views 45
- Downloads 0
Determinant Factors of Employee Job Satisfaction (Study Case in PT. Bima Inti Perkasa Jakarta, Indonesia)
This study aims to examine the influence of work environment, work-life balance, and work compensation on job satisfaction at PT. Bima Inti Perkasa West Jakarta. The study used a descriptive quantitative method with a su...
The Influence of Good Corporate Governance Structure on the Quality of Financial Reports
This quantitative research with Good Corporate Governance Structure as an independent variable proxied by 3 indicators, namely the independent board of commissioners, audit committee, and board of directors, and the depe...
Evaluation of Financial Performance Indicators and Their Impact on the Solvency of the Iraqi General Insurance Company for the Period (2016-2020)
Due to the privacy of insurance, there are many financial and economic indicators for companies operating in the insurance industry. Hence the importance of the study through knowing the most important indicators for eva...
Influence Leverage, Cost Environment, and Performance Environment to Financial Performance
The company's financial performance is essential for investors to invest in a company. Apart from having to generate maximum profits, the company has obligations to maintain the sustainability of its business in the futu...
Analysis Risk Mitigation of Delay in Delivery Using House of Risk Method (Case: Air Cargo Transportation)
Logistics Service Provider Companies are responsible for ensuring the delivery of goods using land modes, sea modes and air modes on time. However, in reality there are many problems and obstacles faced in order to guara...