Policy Research
It is no secret that registering land in Indonesia can be a very difficult process, as it is both time consuming and costly. This is evident in that until 1992 only 12 million land parcels had been registered (22% of the total number of land parcels in Indonesia at that time).
Whether as the result of fi nancial crisis (Thailand, Korea, Malaysia and Indonesia 1997; Russia and Ecuador 1998; Brazil 1999; Turkey 2001; and Argentina 2002), delayed systemic transformation (the countries of the Former Soviet Union) or domestic diffi culties (Zimbabwe 2001), a large number of countries have experienced macroeconomic crises in recent years.
Indonesia’s urban centers recently underwent an explosion of supermarkets. With cheaper, higher quality commodities and better services, supermarkets have the potential to drive traders in traditional markets out of business. In this paper, we evaluate whether this is indeed the case. We find that traditional traders experienced declines in their business.
Many people reminisce about or associate a certain period of their life with the price of rice at that particular time, especially when the rice price skyrocketed. The wife of a factory worker recollects: "Then, my husband's salary was hardly enough to buy 25kg of rice. How could we possibly survive?"
Investment in human capital is very crucial for the development of the country. One way to achieve this is through providing our children with sufficient education and welfare. This is not easy and not cheap! Much has been done to prevent our children from falling by the wayside, but there are still many obstacles and weaknesses to overcome. There is still much homework to be done.
