Discussions on the developing world's industrial policies have largely neglected the role of
state-owned entities. This paper argues that the resurgence of state capitalism has been, in …

The banking sector is deemed to be the most prominent, as well as the most vulnerable,
sector in the economy. It is prominent because many businesses and economy activities rely …

We investigate that the technological determinants and Islamic finance encouraging to
speed up economic growth and poverty alleviation. We find that countries evidence more …

State capitalism has been expanding rapidly since President Joko Widodo came into power
in 2014. During the past decade, the absolute size of state-owned entities has grown …

State activism is strengthening in the Indonesian economy. One major aspect of this recent
strengthening is the government's mobilisation of public entities to provide patient capital for …

Many developing countries have, in recent years, adopted structural transformation
strategies and strengthened state economic activism. While prima facie reminiscent of the …

A plethora of studies have covered various crises and countries, yet crisis remains relevant
for academic inquiry and discussion. Kindleberger and Aliber (2011) and Reinhart and …

This study empirically examines the fragility of five major Asian economies (China, Hong
Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU …

The repetition of policy dynamics on Quantitative Easing (QE) and interest rate by The Fed
potentially cause fluctuations in the exchange rate, including in Indonesia. Therefore, this …

Goodbyes come suddenly, without warning. The novelist Albert Camus illustrated dramatic
farewell scenes in his seminal work, The Plague, in which he anxiously recounts the …