IDEAS home Printed from https://ideas.repec.org/p/pas/papers/2010-10.html
   My bibliography  Save this paper

Indonesian Growth Dynamics

Author

Listed:
  • M Chatib Basri
  • Hal Hill

Abstract

This paper provides an analytical narrative of Indonesian economic growth over the past two decades. Particular attention is paid to the key economic crisis events of 1997-98 and 2008-09, and how and why Indonesia's response to them was completely different. We emphasize and illustrate how the years 1997-98 were a watershed in the country's economic history and political economy. We underline the country's generally good economic performance, especially the rapid recovery over the past decade, while also highlighting the fact that its economic growth has never quite matched that of the very high growth East Asian economies. The final section analyzes some key policy challenges, including embedding reforms in a highly fluid political environment, maintaining a broadly open commercial policy regime, the regional and international architecture, macroeconomic management, and 'connectivity' and regional (sub-national) development.

Suggested Citation

  • M Chatib Basri & Hal Hill, 2010. "Indonesian Growth Dynamics," Departmental Working Papers 2010-10, The Australian National University, Arndt-Corden Department of Economics.
  • Handle: RePEc:pas:papers:2010-10
    as

    Download full text from publisher

    File URL: https://crawford.anu.edu.au/acde/publications/publish/papers/wp2010/wp_econ_2010_10.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Prema-Chandra Athukorala, 2006. "Post-crisis export performance: The Indonesian experience in regional perspective," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 42(2), pages 177-211.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Basri, Muhammad Chatib, 2013. "A Tale of Two Crises: Indonesia’s Political Economy," Working Papers 57, JICA Research Institute.
    2. repec:bla:apacel:v:31:y:2017:i:2:p:3-18 is not listed on IDEAS
    3. Hal Hill & Maria Socorro Gochoco- Bautista, 2013. "Perspectives and issues," Chapters,in: Asia Rising, chapter 1, pages 3-45 Edward Elgar Publishing.
    4. Hal Hill, 2012. "The Best of Times and the Worst of Times: Indonesia and Economic Crises," Departmental Working Papers 2012-03, The Australian National University, Arndt-Corden Department of Economics.
    5. Ari Kuncoro, 2013. "Indonesia," Chapters,in: Asia Rising, chapter 9, pages 246-284 Edward Elgar Publishing.

    More about this item

    Keywords

    Indonesia; growth dynamics; economic crises; policy reform;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pas:papers:2010-10. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sandra Zec) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/asanuau.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.