This paper applies the czonomic model of legislative voting to the automobile industry domestic content vote in the U S . Houseof Representatives in 1982. W e consider constituent interests for and against the bill, and compare the predictive powers of alternative indicators of ideological preferences. W e also examine the roi!e of political opportunity cost and find that lame ducks were significantly less likely to vote for the bill than were returnees to Congress. Given the political advantages of voting f o r the bill, this is consistent with the view that legislators were influenced by the case for freer trade.

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A major challenge for Indonesian economic policy makers is to avoid the recurrence of conditions that could trigger a new economic crisis. One of the important dimensions of this challenge will be to conduct fiscal policy in a way that is sustainable, given the level of interest rates and the rate of growth of the economy. This paper synthesises various approaches to the measurement of fiscal sustainability that have appeared in the economic literature, relates these measures to the fundamental concept of fiscal solvency, and applies the framework to Indonesia over the period 1991-2003. The domestic and foreign debt positions of the central government are treated separately, to capture the influence of exchange rate changes on the relative costs of domestic and foreign borrowing. The empirical analysis indicates that Indonesia has met the fiscal sustainability criterion in recent years, except when the rupiah has depreciated heavily.

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