Essays in Macroeconomic Policy: The Indonesian Experience, is written by an academician and a policy-maker, Dr Miranda S. Goeltom. The book consists of twenty-seven chapters under seven major sections. Overall, the book analyses Indonesia's macroeconomic condition before and after the monetary crisis that struck Asia in 1997/98.

The introduction part presents the basic concept of analysis, the development of macro economy before and after the crisis and gives an overview of the book. The second part discusses the framework of macroeconomic analysis using Indonesia as a case study, in order to facilitate the theoretical understanding of the book. This part consists of six chapters, which begin with the impact of globalization on the economy. The second part (Chapter 7) illustrates the importance of a healthy financial structure in an open economy that can support an effective fiscal policy in the globalized world.

The third part, Chapters 8-13, explains the concept of monetary policy and the monetary condition prevalent at both domestic and international level.