MANAKAH INDIKATOR TERPENTING STABILITAS SISTEM KEUANGAN?: PERSPEKTIF MAKROPRUDENSIAL

Aam Slamet Rusydiana, Lina Nugraha Rani, Fatin Fadilah Hasib
2019 Jurnal Ekonomi Pembangunan  
In general there are two indicators of financial system stability, namely microprudential and macroprudential. Among macroprudential indicators are economic growth, balance of payments, inflation rate, interest and exchange rates, crisis contagion effect, and many others. Different from the previous researches concerning financial system stability measurement, this research will use the financial and banking practitioners' perspective regarding the leading indicator in measuring financial
more » ... ing financial system stability thus we can presumably determine the real leading financial stability indicator for the current situation using Analytic Network Process (ANP) method.The results show that based on the results of interviews with experts/banking practitioners, the 3 (three) most important aspects are the Debt aspect (0.225), Macro Indicator (0.222) and the Balance of Payment aspect (0.217). An important indicator of financial system stability from the next macroprudential aspect is related to Contagion Effect (0.178) and the last Aspect Labor (0.159). The Macroprudential Policy issued by Bank Indonesia as the central bank that has full authority, play an important role in maintaining Financial System Stability (SSK) in Indonesia.
doi:10.14203/jep.27.1.2019.25-42 fatcat:anjw4knhyfgrlgmve65hvrgw74