Capital Flow Management Within Macroeconomics Stability Framework in Indonesia (2008 – 2022)
Kinanthi Sekar Nareswari,
Rini Dwi Astuti,
Ardito Bhinadi
Abstract:Indonesia is an EMDEs (Emerging Market and Developing Economies) country, and adopting an open economy causes foreign capital flow, especially FDI (Foreign Direct Investment) and PI (Portfolio Investment) can be free flows, and its movements are unpredictable. The movement of capital flows will affect the money supply transmitted to monetary and macroeconomic variables. This study aims to determine the response and contribution of macroeconomic variables to FDI and PI, as well as examining the causality betwee… Show more
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