Following the acquisition of its sovereignty from the Netherlands in 1949, Indonesia experienced serious economic and political problems during the 1950s and 1960s, before entering a three-decade-long period of rapid economic growth. Hard-hit by the financial crisis of the late 1990s, Indonesia undertook a wide range of economic and financial reforms. These reforms served to prepare it well for the 2007-08 global financial crisis, through which Indonesia passed relatively unscathed.

Drawing on empirical research, this book presents a comprehensive empirical study on the key macroeconomic relations and monetary policy issues in Indonesia. The book analyses monetary, fiscal and exchange-rate policies, looking at their interactions and impacts on the economy. It demonstrates how important macroeconomic management for monetary and financial stability is to sustained national economic growth and development.

Data from the 1970s is compared and contrasted with 1950s data to analyse macroeconomic policies and issues in an historical context. Statistical and econometric techniques are juxtaposed with general empirical results to supplement informative discussion of macroeconomic and monetary developments. This book is a useful contribution to studies on macroeconomics and international development, as well as Southeast Asian studies.

This book is a major contribution to the fledgling literature on Islamic banking and financial institutions. It offers a comprehensive and novel analysis of the interplay of Islamic and conventional banking based on new evidence pieced together from nine Muslim-majority countries. The analysis is well informed by the relevant theory and the ongoing policy debate. The book will not only be of interest to researchers and students, but also to analysts in the policy making community.' - Prema-chandra Athukorala, Australian National UniversityThe introduction of Islamic banking and finance across the globe strengthens the argument for low and stable inflation and rule-based monetary policy for sustained economic growth. Although Islamic banking and finance may have created some complexities in financial transactions it remains consistent with Classical monetary theory and has created opportunities for improving the infrastructure of central banks and monetary policy to maintain both price and economic stability. This book reviews key aspects of central banking and monetary policy in selected Muslim-majority countries which have introduced Islamic banking and finance alongside conventional banking since the 1980s. The selected countries are Bahrain, Bangladesh, Egypt, Indonesia, Iran, Malaysia, Pakistan, Saudi Arabia and Turkey. While reviewing country-specific experiences and issues in inflation and monetary policy, and analysing them from an historical context, emphasis is given to the evolution of Islamic banking and finance and the consequent institutional developments for maintaining price stability. Macroeconomic problems under these regimes are also highlighted and their policy implications drawn. This volume will be of great value to students and researchers interested in Islamic banking and finance, and macroeconomic and monetary policy issues in Muslim-majority countries.

Following the acquisition of its sovereignty from the Netherlands in 1949, Indonesia experienced serious economic and political problems during the 1950s and 1960s, before entering a three-decade-long period of rapid economic growth. Hard-hit by the financial crisis of the late 1990s, Indonesia undertook a wide range of economic and financial reforms. These reforms served to prepare it well for the 2007-08 global financial crisis, through which Indonesia passed relatively unscathed. Drawing on empirical research, this book presents a comprehensive empirical study on the key macroeconomic relations and monetary policy issues in Indonesia. The book analyses monetary, fiscal and exchange-rate policies, looking at their interactions and impacts on the economy. It demonstrates how important macroeconomic management for monetary and financial stability is to sustained national economic growth and development. Data from the 1970s is compared and contrasted with 1950s data to analyse macroeconomic policies and issues in an historical context. Statistical and econometric techniques are juxtaposed with general empirical results to supplement informative discussion of macroeconomic and monetary developments. This book is a useful contribution to studies on macroeconomics and international development, as well as Southeast Asian studies.

The issue of economic development and monetary stability has produced one of the most passionate debates in economic literature. Yet, much of the evidence employed in this debate is contradictory. Monetary and Financial Policies in Developing Countries: Growth and Stabilization brings together diverse views on the subject within a coherent framework. The work includes:
* a balanced assessment of empirical findings and their theoretical foundations on the role of money and growth
* a discussion of financial liberalization reform in developing countries
* an analysis of monetary policy as an instrument of economic stabilization
* an examination of the monetary supply and demand process in developing countries
* a study of the relationship between money, credit, the balance of payments, inflation and the exchange rate system
* a reflection on market failures and the role of government.

This book of case studies is a significant contribution to monetary macroeconomics in which country-specific experience and issues in inflation and monetary policy are reviewed and analysed in an historical context. In doing so, the key ideas and views on the sources and dynamics of inflation and monetary-policy behaviour are investigated after taking into account institutional arrangements for the conduct of fiscal and monetary policies.This book selects for study twelve diverse countries from the Asia-Pacific region including Australia, China, Hong Kong SAR (China), India, Japan, South Korea, New Zealand, the Philippines, Singapore, Sri Lanka, Thailand and the US. In addition, the book: - reviews the literature on inflation, inflation volatility and monetary policy issues - examines macroeconomic developments and monetary policy regimes - undertakes an empirical investigation of key monetary relations - discusses institutional arrangements and draws policy implications based on empirical findings on price stability, financial stability and economic growth. This volume will be of great value to students and researchers interested in banking, finance, and macroeconomic and monetary policy in the Asia-Pacific.

The global population is increasing day by day andtherefore the demand for food is also increasing. Inmany counties, the majority of the rural people arepoor and rice farming is the single most importantlivelihood for them. Drought prone Barind area ofBangladesh is considered one of the low output zonein terms of agricultural production. Most of thefarmers of this area are dependent on irrigationwhich ultimately increases the cost of production inmanifolds. Integrated rice-fish farming can be a goodoption to ensure better production and income fromrice fields and thereby, to alleviate poverty of thepoor fish farmer. This book provides some generalinformation's on fish farming in irrigated rice fieldincluding- soil and water quality, production of riceand fish, economics and species suitability for thisregion. This book would be beneficial for farmers, researchers, extension workers and other peoplesrelated to this subject.