Bulletin of Indonesian Economic Studies

Bulletin of Indonesian Economic Studies The Bulletin of Indonesian Economic Studies (BIES) is the leading journal on Indonesia’s economy and society. BIES has been published continuously since 1965.

It aims to address not only economic analysis and policy but also the intersection between economics, development, and area studies. In doing so, it plays an important role in helping the world—including Indonesians themselves—to better understand Indonesia. The editors welcome original papers and notes in economics, political economy, and related fields such as law and public policy, political sc

ience, demography, geography, the environment, education, and health. Regardless of topic or methodology, the primary focus must be Indonesia. The editors also look to publish discursive book reviews and review essays that contribute to the literature. BIES authors benefit from rigorous double-blind peer review, robust editing, free-access initiatives, a supportive self-archiving policy, and assistance in promoting their article after publication. The journal’s longstanding reputation as a well-respected outlet for high-quality research means each issue is read widely by Indonesianists everywhere. The journal’s practice of publishing article abstracts in both English and Bahasa Indonesia has increased the number of potential readers. In addition to the usual articles reporting economic analysis and research, each issue leads with an instalment of the comprehensive Survey of Recent Developments series, which records and analyses current trends, policy changes, and important economic events in Indonesia. The series aims to be reasonably accessible to non-specialists, and helps to account for the journal’s diverse readership within academia, government, and business and among the broader public. The academic journal of the ANU Indonesia Project, BIES receives financial support from the Australian Government Department of Foreign Affairs and Trade (DFAT) and the Arndt–Corden Department of Economics, Crawford School of Public Policy, ANU College of Asia and the Pacific, The Australian National University (ANU), Canberra, Australia. Neither DFAT nor ANU takes responsibility for the views expressed by authors in the journal. The journal is published three times a year, in April, August, and December. These three issues constitute one volume. A volume index of articles and book reviews by author is published in the last issue of each volume. BIES is published in hard copy in Indonesia by the Centre for Strategic and International Studies, Jakarta: www.csis.or.id, email [email protected]

Profile photo of Toba Lake, North Sumatra, by Ruben Sukatendel/Unsplash

New attacks on fair electoral competition in Indonesia have brought Indonesia to the edge of competitive authoritarianis...
23/12/2024

New attacks on fair electoral competition in Indonesia have brought Indonesia to the edge of competitive authoritarianism, according to this BIES paper. In the December edition, Sana Jaffrey and Eve Warburton from the Coral Bell School of Asia Pacific Affairs at ANU argue that this system of competitive authoritarianism is characterised by the coexistence of meaningful democratic institutions and serious incumbent abuse, yielding electoral competition that is real but unfair. In particular, the authors examine Indonesia’s democratic trajectory in light of the 2024 elections and the presidential victory of Prabowo Subianto, highlighting clear and systematic attempts by President Joko Widodo and his allies to clear pathways to victory for political allies and thwart political opponents.
Read the full free-to-access article, ‘On the Edge of Competitive Authoritarianism’, here:

For the past decade, there has been a growing consensus that Indonesia’s democracy is in decline, but there was also agreement that elections remained mostly free, fair and competitive. This articl...

The December 2024 edition is available online, including a free-to-access Survey of Recent Developments discussing Prabo...
19/12/2024

The December 2024 edition is available online, including a free-to-access Survey of Recent Developments discussing Prabowo’s ambitious plans for economic growth, human capital development and institutional reform.

Indonesia in 2024 was characterised by political transition, occurring over an unusually long period of eight months between the presidential election in February and the inauguration in October. T...

The Bulletin of Indonesian Economic Studies is calling for articles on international trade, including its impacts on lab...
27/09/2024

The Bulletin of Indonesian Economic Studies is calling for articles on international trade, including its impacts on labour markets, firms, knowledge transfers, the environment and industrial development. For submission info, see our instructions for authors:

How to submit your paper to Bulletin of Indonesian Economic Studies. Share your work with us to maximise your readership and make your mark in your area of research.

Accepted for publication: ‘Money Velocity, Digital Currency and Inflation Dynamics in Indonesia’, by Danny Hermawan, Den...
23/09/2024

Accepted for publication: ‘Money Velocity, Digital Currency and Inflation Dynamics in Indonesia’, by Danny Hermawan, Denny Lie, Aryo Sasongko and Richard I. Yusan.

This paper empirically investigates the impact of transaction cost-induced variations in the velocity of money on inflation dynamics in Indonesia, based on a structural New Keynesian Phillips curve...

Einstein is thought to have said that the hardest thing in the world to understand is income tax. It’s little wonder, th...
26/08/2024

Einstein is thought to have said that the hardest thing in the world to understand is income tax. It’s little wonder, then, that simplifying tax administration and processes can improve compliance, as businesses find it easier to understand their obligations. Read more in the August edition:

This research investigates how the tax simplification program in Indonesia affects tax compliance among small businesses, by employing a regression discontinuity design and examining various parame...

23/08/2024

With protests sparking across Indonesian social media, now is the time to dive into the heart of the debate. In less than one month, Yoes Kenawas will present "Jokowi and his dynasty: an organizational analysis of dynastic succession." This timely presentation will explore Indonesia's first instance of direct dynastic succession by an incumbent president, examine the mechanisms behind Jokowi's dynasty-making, and compare them to the longstanding practices of regional political dynasties in Indonesia.

Don’t miss out! Register here: https://indonesia.crawford.anu.edu.au/programs/indonesia-update/how-jokowi-changed-indonesia

Despite an overall decrease in wealth inequality for households in Indonesia (1993–2014), inequality within provinces ha...
23/08/2024

Despite an overall decrease in wealth inequality for households in Indonesia (1993–2014), inequality within provinces has increased, with education level emerging as the major determinant of such inequality, this study in the August edition finds.

This paper investigates three issues related to interprovincial inequality in household net wealth in Indonesia. First, it assesses whether inequality is dominated by inequality within or between p...

22/08/2024

The Jokowi presidency witnessed a return of anti-government protest on a scale and intensity not experienced in Indonesia since the years of the democratic transition. In this timely topic, Ed Aspinall and Fauziah Mayangsari (pesenting author) will explore civic space, political activism and protest under Jokowi.

Don’t get left behind, secure your spot here: https://indonesia.crawford.anu.edu.au/programs/indonesia-update/how-jokowi-changed-indonesia

It’s a long way to the top if you want a formal role. Research in the August edition has found that lower-tier informal ...
22/08/2024

It’s a long way to the top if you want a formal role. Research in the August edition has found that lower-tier informal jobs predominate in both Indonesia and India. The study identifies several challenges in climbing the job ladder, including a small share of top jobs, education barriers and gender-based inequality, where females are more likely to be in lower-tier employment.

This paper examines labour market inequality in Indonesia and India, using a common conceptual approach that draws on a job ladder framework. In the framework, I differentiate between self-employme...

The latest edition is online now, including a free-to-access Survey on Indonesia’s urban potential, a comparison of ineq...
20/08/2024

The latest edition is online now, including a free-to-access Survey on Indonesia’s urban potential, a comparison of inequality in Indonesia and India, an analysis of interprovincial wealth inequality in Indonesia and a paper on Indonesia's tax compliance.

Volume 60, Issue 2 of Bulletin of Indonesian Economic Studies

Accepted for publication: ‘Monitoring Superrich: The Effects of Indonesian High-Wealth Individuals (HWI) Tax Office’, by...
28/05/2024

Accepted for publication: ‘Monitoring Superrich: The Effects of Indonesian High-Wealth Individuals (HWI) Tax Office’, by Himawan Saputro at Indonesia’s Ministry of Finance.

I study the effects of monitoring high-wealth individuals on tax compliance and revenues. I exploit quasi-experimental variation generated by the implementation of the Indonesian High-Wealth Indivi...

Congratulations to the authors featured in the 2024 Editors' Choice Collection! Available online for free, the collectio...
10/05/2024

Congratulations to the authors featured in the 2024 Editors' Choice Collection! Available online for free, the collection includes discussions on the balance between livelihood and conservation, participatory budgeting impacts, intergenerational economic mobility, tax compliance effectiveness, the relationship between manufacturing outputs and employment, and spatial economic disparities across districts.
Selamat membaca!

Explore the article collection: 2024 Editors' Choice Collection. Published in Bulletin of Indonesian Economic Studies.

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