Indonesia and the CMIM
The establishment of Chiang Mai Initiative Multilateralisation (CMIM) has stimulated a new mode of regional governance, with three major indicators—the involvement of non-state actors, policy coordination and standardisation. Beyond this phenomenon, the e
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EKO SAPUTRO
Indonesia and ASEAN Plus Three Financial Cooperation
Eko Saputro
Indonesia and ASEAN Plus Three Financial Cooperation Domestic Politics, Power Relations, and Regulatory Regionalism
Eko Saputro Fiscal Policy Agency Indonesian Ministry of Finance Jakarta, Indonesia
ISBN 978-981-10-3028-4 ISBN 978-981-10-3029-1 (eBook) DOI 10.1007/978-981-10-3029-1 Library of Congress Control Number: 2017931678 © The Editor(s) (if applicable) and The Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: David Collingwood / Alamy Stock Photo Printed on acid-free paper This Palgrave imprint is published by Springer Nature The registered company is Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
To my parents
Acknowledgements
I am grateful to a number of people—professors, friends, and colleagues— who have encouraged me to transform my dissertation into a book. In particular, I would like to express my appreciation to any institutions who gave permission to use some materials in this book. I also would like to acknowledge the support of my working institution, the Fiscal Policy Agency, Indonesia, that had already provided me with permission to pursue my doctoral program and complete my dissertation. Furthermore, I should mention that all opinions or views expressed in this book do not necessarily reflect the views and policies of the agency. Lastly, but equally important, I would like to acknowledge, with gratitude, the support of my family. This book would not be possible without their encouragement and love.
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Contents
1 Introduction: Indonesia and the Dynamics of Regional Financial Cooperation 1 Why Indonesia Matters 5 Approach and Data 9 References 15 2 Explaining Financial Regionalism in Eas
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