In the Midst of Global Financial Slowdown: the Indonesian Experience
AbstractThe objective of our study is to review and debate selected factors frequently underlined as the foundations to the strength and the resilient of economic growth in Indonesia in recent years. We first examine closely the compositions of the country’s exports to particularly highlight the role of primary commodities and diverse export destinations in cushioning the country’s balance of payment position. Next, our study assesses the country’s management of macroeconomic policies, especially the monetary and fiscal policies, and debates the overall effectiveness and limitations of these policy measures. Lastly, this paper explores the repentant stage of the country’s infrastructure, arguably a vital factor for the country’s ability to attract the much-needed domestic and foreign direct investment.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 19657.
Date of creation: 15 Dec 2009
Date of revision:
Global Financial Crisis; Indonesia; Balance of Payment; Macroeconomic Policies; and Infrastructure.;
Find related papers by JEL classification:
- F01 - International Economics - - General - - - Global Outlook
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
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