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Glossary

Glossary

TERMS AND ABBREVIATIONS
adat=

custom or tradition; customary law, traditional law

AIC=

Akaike information criterion

ANU=

The Australian National University

Bappenas=

Badan Perencanaan Pembangunan Nasional (National Development Planning Agency)

BAU=

business as usual

BI=

Bank Indonesia (the central bank)

BIC=

Bayesian information criterion

BNP2TKI=

Badan Nasional Penempatan dan Perlindungan Tenaga Kerja Indonesia (National Agency for the Placement and Protection of Indonesian Migrant Workers)

BPS=

Badan Pusat Statistik (Statistics Indonesia, the central statistics agency)

BRG=

Badan Restorasi Gambut (Peatland Restoration Agency)

C=

conditional

CAR=

capital adequacy ratio (ratio of capital to risk-weighted assets)

CEIC=

Hong Kong–based data company

CO2=

carbon dioxide

CO2e=

carbon dioxide equivalent

CPI=

consumer price index

CPO=

crude palm oil

CV=

coefficient of variation

DNPI=

Dewan Nasional Perubahan Iklim (National Council on Climate Change)

EMC=

emerging-market country

EU=

European Union

FDI=

foreign direct investment

Fragile Five=

Brazil, India, Indonesia, South Africa, and Turkey

G7=

‘Group of Seven’ finance ministers and central bank governors from Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States

G20=

‘Group of Twenty’ finance ministers and central bank governors, established in 1999 to bring together systemically important industrialised and developing economies

GCF=

Green Climate Fund

GDP=

gross domestic product

Gt=

gigatonne

IMF=

International Monetary Fund

JEL=

Journal of Economic Literature

JISDOR=

Jakarta Interbank Dollar Rate

lhs=

left-hand side

LNG=

liquefied natural gas

LOI=

letter of intent

LPDP=

Lembaga Pengelola Dana Pendidikan (Indonesia Endowment Fund for Education)

LQ=

location quotient

M&M=

metals and minerals

MUI=

Majelis Ulama Indonesia (Council of Indonesian Ulama [Muslim clerics])

NDF=

non-deliverable forward (financial contract)

NPI=

non-profit institution

NPL=

non-performing loan

OJK=

Otoritas Jasa Keuangan (Financial Services Authority)

OPEC=

Organization of the Petroleum Exporting Countries

PDI–P (or PDIP)=

Partai Demokrasi Indonesia–Perjuangan (Indonesian Democratic Party of Struggle)

PLN=

Perusahaan Listrik Negara (the state electricity company)

Q1, Q2 … =

1st, 2nd … quarter

QE=

quantitative easing

RAN-GRK=

Rencana Aksi Nasional Penurunan Emisi Gas Rumah Kaca (National Action Plan for Greenhouse Gas Emission Reductions)

RBI=

Reserve Bank of India

REDD=

Reducing Emissions from Deforestation and Forest Degradation

REDD+=

REDD plus additional elements such as sustainable forestry management, reforestation and afforestation

reformasi=

reform (used to characterise post–New Order Indonesian society and politics)

rhs=

right-hand side

S&P=

Standard and Poor’s (credit rating agency)

SAR=

spatial autoregressive (model)

SDM=

spatial Durbin (model)

SEM=

spatial error (model)

SIJORI=

Singapore–Johor–Riau

SOE=

state-owned enterprise

SPN=

Surat Perbendaharaan Negara (Treasury bills)

ST=

sprayer–traders

TT=

taper tantrum

U=

unconditional

UKP-PIP=

Ketua Unit Kerja Presiden Pembinaan Ideologi Pancasila (Presidential Working Unit for the Implementation of Pancasila as the State Ideology)

UNFCCC=

United Nations Framework Convention on Climate Change

US=

United States

CURRENCY
=

euro

$=

US dollar

A$=

Australian dollar

Rp=

rupiah (exchange rate at end of May 2017 was Rp 13,312/$)

S$=

Singapore dollar

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