01633cas a2200241 a 4500 AALejournalIMF005953 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451818451 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Indonesia : Selected Issues. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (31 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Indonesia's external borrowing spreads increased by more than 1000 bps from mid-2007 to late 2008, before subsiding in recent months. The large increase in spreads prompted questions about whether the spreads adequately reflect the improvements in fundamentals made over the past few years. This Selected Issues paper examines the determinants of Indonesia's spreads, and finds that fundamentals can explain both the level of and the increase in spreads. It uses a cross-country panel regression model of emerging market sovereign spreads to yield valuable insights into the pattern of Indonesia's sovereign spreads. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/231 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/231/002.2009.issue-231-en.xml IMF e-Library