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Rangga Handika

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Open access Oct 2026

Financial Market Contagion Under Alternative Regional Alignments: Evidence from Indonesia’s BRICS vs. G7 Counterfactuals

Indonesia became a member of BRICS in January 2025, marking the first official entry from Southeast Asia. This study assesses whether Indonesia’s exposure to international financial contagion differs across two external financial-market configurations by comparing its spillover dynamics with BRICS markets and with a G7...

Mahjus Ekananda, S. Safuan, Rangga Handika · 0 citations

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