The bail-in policy: solution or problem?

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The bail-in policy is a policy of handling the financial system crisis based on Law No. 9 of 2016 on the Prevention and Handling of the Financial System Crisis. The policy was born as a result of the failure of the bailout policy in handling the financial system crisis in 2008. This paper will try to analyze the bail-in policy from the perspective of constitutional law, whether it is by the legal system applicable in Indonesia. If the bailout policy in America is regarded as a policy of government intervention on the free economic system, whether the bail-in policy in Indonesia can be interpreted as a result of government negligence in the national economy. The analogy method will be used in this paper to find the best solution that fits the legal system applicable in Indonesia.
Original languageEnglish
Title of host publicationAdvancing Rule of Law in a Global Context
Publication statusPublished - 2020

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