THE POLITICS OF BANKING: GLOBALISATION AND DOMESTIC POLICY CHANGE

https://doi.org/10.22146/jieb.6322

Widigdo Sukarman(1*)

(1) Universitas Gadjah Mada
(*) Corresponding Author

Abstract


The current article aims to elaborate on the history of bank policy modifications as a response towards economic and financial change, mainly due to globalisation. The central
status of banks in the economy causes a need for the government to protect it in many forms that differ from one country to another. Bank policy makers that are closed or
esoteric and are short-lived must be opened up to be able to receive long term ideas. The process is also marked intensively with competing interests between other actors of the government.


Keywords: esoteric, globalisation, segmentation, deregulation, problem of coordination


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DOI: https://doi.org/10.22146/jieb.6322

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