DIFERENSIASI KEBIJAKAN BAIL OUT TERHADAP STABILITAS PERBANKAN
Abstract: This
research would explain the difference of bailout policy by England and United
States of America in facing global financial crisis in 2008. This research use
qualitative method and economic political perspectives. This research takes the
range of time from 2009 until 2010 where in that year was a condition after
buying bailout found by England and United States of America.
Bail out is a term used to explain about situation for the bankrupt
entity or almost bankrupt, like a company or a Bank by giving a liquid fresh
fund injection. It can be said simply that bailout is a direct government
intervention in economy. According to Keynes, government intervention is needed
in economy minimal in the form of policy.
As countries with liberal economy, America and England have different
bailout policy orientation to solve Subprime mortgage case. Subprime mortgage
case was assumed as a trigger of this financial crisis. Bail out done by
America refers to save their corporations and strengthen their economy in the
future without damaging the system of liberal they believe. In spite of that
England disposed to save their corporations and economy that was to side with
the society, to avoid rush and public trust. As a result, England bail out was
faster than America in decreasing crisis fluctuation by giving big budgeting.
America was not as faster as England in decreasing crisis fluctuation because
of the difference of time in giving bail out, bail out’s funding, corporations
that should be given bail out, and another obstacle in the parliament.
Penulis: Agustine Sri
Pamungkas, Pazli
Kode Jurnal: jphubintdd140089