オオタケ トシツグ   OTAKE Toshitsugu   大竹 敏次    所属   立命館アジア太平洋大学  国際経営学部    職種   教授
言語種別	英語
発行・発表の年月	2013/03
形態種別	学術論文
査読	査読あり
標題	Default risk of Indonesian Government Bond
執筆形態	コレスポンディング
掲載誌名	社会システム研究
掲載区分	国内
巻・号・頁	26,pp.103-118
著者・共著者	Edi Trianto
概要	This paper analyzes the default risk of Indonesian government bonds using CDS spreads and macro-financial variables. It examines how exchange rates, foreign reserves, inflation, trade conditions, and global market sentiment affect sovereign credit risk. The results indicate that exchange-rate movements and international financial market conditions are particularly important drivers of Indonesia’s CDS spreads. The study concludes that sovereign default risk in emerging markets is influenced not only by domestic fundamentals but also by external market shocks.
ISSN	1345-1901