Lloyd R Kenward
Biographic Data
| ID | 5242914 |
|---|---|
| NAME | Lloyd R Kenward |
| GIVEN NAMES | Lloyd R |
| FAMILY NAME | Kenward |
| SIGNATURE | KENWARD L R |
| AFFILIATIONS | Victoria, Canada |
| VERIFIED | No |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 5 |
| AUTHOR COUNT | 5 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1997 |
| LATEST PUBLICATION YEAR | 2016 |
| H-INDEX | 2 |
The Macro Forecasting Record of the Indonesian Financial Authorities, 2004–15
A precondition for financial authorities’ macroeconomic effectiveness is a capacity to foresee economic conditions with reasonable accuracy. This article analyses the performance of Bank Indonesia (the central bank) and Indonesia’s Ministry of Finance in forecasting real GDP growth and consumer inflation over the last decade or so. It compares the quality of their forecasts with those of international institutions, aligning the timing of these fo…
Survey of recent developments
The economy continues along the general trajectory described in recent Surveys. Growth is picking up, led by consumption but restrained by investment. Inflation has fallen well below Bank Indonesia's current target rate. Most interest rates have followed suit, including key lending rates. Bank lending has been expanding at around 20% p.a. for the past year or so, and international portfolio investors are again interested in Indonesia. But a scare…
What Has Been Happening at Bank Indonesia
Additional informationNotes on contributorsLloyd R. KenwardThe author is a senior economist at the World Bank. He is most grateful for the many insights provided by Indonesian friends, and for the research assistance of Magda Adriani. This paper does not represent the views of the World Bank; the author is solely responsible for remaining errors
Assessing Vulnerability to Financial Crisis
This paper examines the view that the recent Indonesian crisis was largely unforeseen. The broadest macroeconomic indicators were of virtually no help in presaging the crisis; neither were high-frequency financial indicators. But warnings were there, just below the surface, in some of the macro indicators and in certain structural weaknesses that were long recognised as threats to financial stability. That said, none of these warnings suggested c…
Financial Deregulation and the Cost Structure of State and Private Banks in Indonesia
Since the major deregulation of Indonesian banking in the late 1980s the quality and availability of local banking services has significantly expanded. But controversy continues over the impact of deregulation on the industrial structure of banking in Indonesia. This paper uses micro data to examine the impact of deregulation on the costs and profitability of the state commercial banks in comparison with a benchmark sample of relatively efficient…
What Has Been Happening at Bank Indonesia
Additional informationNotes on contributorsLloyd R. KenwardThe author is a senior economist at the World Bank. He is most grateful for the many insights provided by Indonesian friends, and for the research assistance of Magda Adriani. This paper does not represent the views of the World Bank; the author is solely responsible for remaining errors
Assessing Vulnerability to Financial Crisis
This paper examines the view that the recent Indonesian crisis was largely unforeseen. The broadest macroeconomic indicators were of virtually no help in presaging the crisis; neither were high-frequency financial indicators. But warnings were there, just below the surface, in some of the macro indicators and in certain structural weaknesses that were long recognised as threats to financial stability. That said, none of these warnings suggested c…
Financial Deregulation and the Cost Structure of State and Private Banks in Indonesia
Since the major deregulation of Indonesian banking in the late 1980s the quality and availability of local banking services has significantly expanded. But controversy continues over the impact of deregulation on the industrial structure of banking in Indonesia. This paper uses micro data to examine the impact of deregulation on the costs and profitability of the state commercial banks in comparison with a benchmark sample of relatively efficient…
What Has Been Happening at Bank Indonesia
Additional informationNotes on contributorsLloyd R. KenwardThe author is a senior economist at the World Bank. He is most grateful for the many insights provided by Indonesian friends, and for the research assistance of Magda Adriani. This paper does not represent the views of the World Bank; the author is solely responsible for remaining errors
Assessing Vulnerability to Financial Crisis
This paper examines the view that the recent Indonesian crisis was largely unforeseen. The broadest macroeconomic indicators were of virtually no help in presaging the crisis; neither were high-frequency financial indicators. But warnings were there, just below the surface, in some of the macro indicators and in certain structural weaknesses that were long recognised as threats to financial stability. That said, none of these warnings suggested c…
Survey of recent developments
The economy continues along the general trajectory described in recent Surveys. Growth is picking up, led by consumption but restrained by investment. Inflation has fallen well below Bank Indonesia's current target rate. Most interest rates have followed suit, including key lending rates. Bank lending has been expanding at around 20% p.a. for the past year or so, and international portfolio investors are again interested in Indonesia. But a scare…
The Macro Forecasting Record of the Indonesian Financial Authorities, 2004–15
A precondition for financial authorities’ macroeconomic effectiveness is a capacity to foresee economic conditions with reasonable accuracy. This article analyses the performance of Bank Indonesia (the central bank) and Indonesia’s Ministry of Finance in forecasting real GDP growth and consumer inflation over the last decade or so. It compares the quality of their forecasts with those of international institutions, aligning the timing of these fo…
Economics (4 works) · Monetary economics (4 works) · Financial system (3 works) · Global Financial Crisis and Policies (3 works) · Indonesian (3 works) · Banking stability, regulation, efficiency (2 works) · Economic policy (2 works) · Finance (2 works) · Finance (2 works) · Inflation (cosmology) (2 works)