Of course, the question of currency alignments will remain highly contentious in the near term. In South Asia, liberalization and deregulation have, by and large, removed the incentives for rent seeking activities although the debris has not been completely thrown off the grounds.
We also consider that law enforcement efforts must be balanced with an intense dissemination and education to the community. Such community awareness is the first line of defence we must consistently embed to the whole community. Only in that way will Rupiah become ”host” in its own country. 2  BIS central bankers’ speeches  Ladies and gentlemen, 19.