Indeed, Bank Indonesia still has little room to lower interest rates. However, this policy will not necessarily be effective in increasing growth. Why?
OlehMuhamad Chatib Basri
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“We all know what to do, we just don’t know how to get re-elected after we’ve done it.” That is what Jean-Claude Juncker, the president of the European Commission, said.
Those who explore policy issues know how true those words are. Juncker might be too cynical, but the description is [...]