Indonesia Conference Directory

This study identifies the characteristics of short-term solvency across ASEAN countries: Indonesia, Philippines, Thailand and Malaysia. Short-term solvency indicates the ability of local government to deliver its services to the community. ASEAN countries are taken as an object in this study because most of the countries apply decentralization government and have almost the same characteristics. Current assets and current liabilities of some local government of each countries are used as the indicator of short-term solvency. Results show that there are no differences of short-term solvency within ASEAN countries. It is indicated that the four countries: Indonesia, Philippines, Thailand and Malaysia are able to deliver their services to the community in short time period.