Financial Engineering for Volatile Public Cycles in Indonesia

• Yuli Teguh Hidayat; Henry Dianto P. Sinaga
• 2026
• Akuntansi

Volatility means that public financial management can no longer rely on a single projection. This book offers a financial engineering mindset for interpreting uncertainty, building fiscal resilience, and designing more adaptive financing options for Indonesia. The discussion focuses on the relationships among economic cycles, market risk, revenue and expenditure, liquidity needs, financing structures, and the intertemporal consequences of fiscal decisions. Rather than promising perfect predictions, the book emphasizes the design of policy portfolios, scenarios, buffers, disciplined risk measurement, and decision governance so that shocks do not automatically turn into crises. Written for policymakers, public finance managers, academics, students, economic analysts, and finance practitioners, it helps readers view state finances as a dynamic system that must be tested against a range of conditions, rather than merely as figures within a single budget year.