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LPEM FEBUI Quarterly Economic Outlook 2018 Q1

Author

Listed:
  • Febrio Kacaribu

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Alvin Ulido Lumbanraja

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Faradina Alifia Maizar

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

  • Nadia Khairani

    (Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia (LPEM FEB UI))

Abstract

Relatively disappointing performance in Q3 and very possibly Q4 means that economic growth is still on a relatively shaky ground going forward in Q1 2018. Rising commodity prices and infrastructure boost have not been translated into higher consumption (Page 8). This condition is not helped by low loan growth for investment purposes, a sign of businesses holding back increasing production capacity. The need to guard macro stability from higher budget deficit means government had to adjust its ambitious infrastructure spending to a more realistic target, thus removing any hope that fiscal stimulus could drive growth in 2017.

Suggested Citation

  • Febrio Kacaribu & Alvin Ulido Lumbanraja & Faradina Alifia Maizar & Nadia Khairani, 2018. "LPEM FEBUI Quarterly Economic Outlook 2018 Q1," LPEM FEBUI Quarterly Economic Outlook 201801, LPEM, Faculty of Economics and Business, University of Indonesia, revised Jan 2018.
    • Handle: RePEc:lpe:queout:201801
    as

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    File URL: https://www.lpem.org/repec/lpe/queouts/IEO201801.pdf
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    References listed on IDEAS

    as
    1. Richard Cantor & Frank Packer, 1996. "Determinants and impact of sovereign credit ratings," Economic Policy Review, Federal Reserve Bank of New York, vol. 2(Oct), pages 37-53.
    2. Marlene Amstad & Frank Packer, 2015. "Sovereign ratings of advanced and emerging economies after the crisis," BIS Quarterly Review, Bank for International Settlements, December.
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