Indonesian In The Second Phase The Monetary Crisis

    Monetary crisis a country can be seen from many foreign investment that goes into the financial sector the country. Flood foreign investment to bank signifying a country have entered in phase first. financial crisis currently, indonesia has entered the second phase which foreign investment in no longer through, banking but also been flooded capital markets the country. It means, if foreign investors someday of Indonesia, it is not impossible indonesia will faced with the crisis monetary. About 60 % a foreign circulating in the capital market national and securities country is 40 % controlled foreign. Said that the head of a department development policies strategic services authority financial (OJK ) imansyah in building a bank indonesia, Jakarta friday ( 27 / 2 ).

The figure was supposed to be alert by the government, considering the fed rate is predicted to up and can have an impact on investors foreign to the uncle sam. the Imansyah advocated government to boost investment in the infrastructure sector than financial sector vulnerable to. crisis capital inflow up, but its not investment changed. Is supposed to infrastructure it means, investment decline dominant in. money market that should be extra. The crisis right get through external, yes, passing american said imansyah. Unfortunately, not many banks would provide loans to finance the construction infrastructure because the risks are too great. While, there should be private banking and support investment in infrastructure sector because the margin profit in these areas term long.

Is the infrastructure sector for the banking sector can a sector that the risks high as repayment once. long term while, generally posted at the bank 5 years, while in the infrastructure sector 5 years may not quite. Risk 10-15 years it is difficult to predict, he explained. But, he was difficult to predict crisis financial likely happens in indonesia. Predicted, director of graduate study regional science johnson graduate school of management cornell university Iwan J. azis said there were three phase a state toward monetary crisis. The first phase, foreign investment entered through. banking the second phase, foreign investment in through the stock market and last modal-modal foreign are feathering out alias no longer invest. Can make shake right. Entered out, he said. Also, fed rate will rise will also affect economic conditions in asia. The problem, further Iwan.

For example the south korean fee if applyIs foreign investment in. So we have to pay. That the entry of no most. If most, then taken out to shake, clear Iwan. Chairman of the national bank-bank general ( PERBANAS ) sigit pramono said to beAn by the government is crisis managementThat might happen anytime.Since, authoritySet if a crisis is no longer be inThe bank indonesia ( BI ), but also on the OJK. Problems macro prudential and micro is BI. Hand it means, bank regulated and supervised BI. Now its micro is OJK. In the central bank on monetary. This is touchstone how this nation managing, crisis said Sigit. Sigit suggest the government, bi, and OJK to one another coordinated before monetary crisis happened. He was pushing the bill a safety net financial system ( JPSK ) immediately endorsed by by parliament.

There must be law JPSK. Otherwise, later once there were the crisis the decision will be tried again politically, in a criminal manner. We see experience, 2008 by taking over Bank Century, he said. Vice chairman of the board of commissioners OJK Rahmat Said that are now often done coordination inter deputy and mass within the scope of the central bank, OJK, and the underwriters saving ( LPS ). Coordination is done to share information related to the situation market and the market against its policies authority is. He claimed coordination made during it isIs a form of anticipation of monetary crisis no predictable some. Ready just. The crisis that could because the domestic or. International interconnected. Important all getting. We will develop policy in order respond to the market, he added.