... ESSAYS ON BANKING REGULATION AND RESTRUCTURING: THE CASE OF INDONESIA RASYAD A PARINDURI (ST (EE)), ITB; (MA (Econ)), Michigan A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY ... requirement has been the backbone of Indonesia prudential s regulation since 1991 when Indonesia adopted the newly minted the Basel Accord The central bank, Bank Indonesia, which is also the regulator, ... may choose capital and risk simultaneously, researchers put a measure of risk on the right hand side of the capital equation and capital on the right hand side of the risk equation Moreover, banks...