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How Risk-Taking Could Result in Higher Growth for Indonesia
LPEM UI believes that Indonesia's economic growth stagnated at 5 percent due to rigid financial governance.
- Indonesia's financial governance needs reform to allow risk-taking for higher growth.
- Current system, shaped by 1997 crisis, is overly cautious, limiting economic potential.
- Focus should shift to decision-making procedures, not just profit and loss, to maximize benefits.
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Oil prices continued to fall on Sept. 17 after reports that Saudi Arabia is offering additional crude oil volumes through Oman. The move eased concerns about supply disruptions, according to Reuters.
When it comes to rate hikes, CFOs aren’t counting on a ‘one-and-done’
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