Indonesia Economic Quarterly March 2013
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Indonesia Economic Quarterly March 2013
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Author :
language : en
Publisher:
Release Date : 2013
Indonesia Economic Quarterly March 2013 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Electronic book categories.
Indonesia Economic Quarterly Fy14
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Author :
language : en
Publisher:
Release Date : 2014
Indonesia Economic Quarterly Fy14 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Electronic book categories.
Indonesia Economic Quarterly Fy14
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Author : Weltbank
language : en
Publisher:
Release Date : 2014
Indonesia Economic Quarterly Fy14 written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia's economy, and places these in a longer term and global context. Based on these developments and on policy changes over the period, the IEQ regularly updates the outlook for Indonesia's economy and social welfare. Second, the IEQ provides a more in-depth examination of selected economic and policy issues, and analysis of Indonesia's medium-term development challenges. It is intended for a wide audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. Indonesia's fiscal and monetary policy settings will continue to play a key role in facilitating the adjustments now taking place and in minimizing associated risks. There are, however, trade-offs between the objectives of restraining inflation, supporting growth and adjusting the current account deficit to the tighter financing environment. Monetary policy faces the challenge of calibrating interest and exchange rates so as to guard against rising inflationary pressures as cost pressures rise (such as from the pass-through of the weaker currency or wage increases) while facilitating improvements in the external balances, and without unduly crimping economic growth and weakening public and private sector balance sheets. With the 2014 budget under discussion with Parliament, fiscal policy faces the challenge of slower revenue growth, and higher energy subsidy and nominal debt-financing costs, raising the importance of lifting further the quality of spending and of revenue mobilization. In response to the intensification of financial market pressures, and in conjunction with the monetary policy and currency market measures mentioned above, on August 23 the Government announced a policy package containing measures intended to improve the current account, safeguard purchasing power and facilitate growth, contain inflationary pressure, and maintain investment flows. Some of the reform measures involved retracting interventionist policies on trade and proposals for improving certainty in the business environment.
Indonesia Economic Quarterly July 2013
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Author :
language : en
Publisher:
Release Date : 2013
Indonesia Economic Quarterly July 2013 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Electronic book categories.
Indonesia Economic Quarterly December 2013
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Author : Weltbank
language : en
Publisher:
Release Date : 2013
Indonesia Economic Quarterly December 2013 written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia's economy, and places these in a longer-term and global context. Based on these developments, and on policy changes over the period, the IEQ regularly updates the outlook for Indonesia's economy and social welfare. Second, the IEQ provides a more in-depth examination of selected economic and policy issues, and analysis of Indonesia's medium-term development challenges. This document summarizes the findings of the IEQ for the last quarter of 2013. The final quarter has seen the continuing adjustment of the Indonesian economy to more subdued commodity prices and tighter external financing conditions, and to the related pressures on external balances. Policies have responded, particularly through tighter monetary conditions, the currency has depreciated substantially in real terms, and investment spending and output growth have weakened. These developments are broadly supportive of continued macroeconomic stability, including by helping to lower the current account deficit, although their impact continues to play out, adding additional uncertainty to the path of the domestic economy. At the same time, the international environment is also shifting, with global growth expected to improve, bringing potential policy changes, notably in US monetary policy, which could add to the pressures on Indonesia's external financing position. In light of the slower pace of growth, and the risks facing the economy, there is a strong need for Indonesia to augment the recent macro focus on tighter monetary policy, exchange rate adjustment and import compression, with deeper reforms to lift export performance and support investment inflows.
Indonesia Economic Quarterly October 2013
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Author : Weltbank
language : en
Publisher:
Release Date : 2014
Indonesia Economic Quarterly October 2013 written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
The Indonesia Economic Quarterly (IEQ) has two main aims. First, it reports on the key developments over the past three months in Indonesia's economy, and places these in a longer-term and global context. Based on these developments and on policy changes over the period, the IEQ regularly updates the outlook for Indonesia's economy and social welfare. Second, the IEQ provides a more in-depth examination of selected economic and policy issues, and analysis of Indonesia's medium-term development challenges. It is intended for a wide audience, including policymakers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. A key component of the reform process has been the devolution of responsibility for basic education services to local governments and schools, and improvements in local governance can thus play a vital role in raising the quality of basic education and ensuring children leave school with adequate skills. Indeed, the Indonesian Local Education Governance (ILEG) surveys, conducted in 2009 and 2012, suggest that the quality of local governance is important for improving district education performance, making it important to continue to address key governance constraints, and to better coordinate and integrate central government financing in local education planning.
Indonesia Economic Quarterly October 2013
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Author :
language : en
Publisher:
Release Date : 2013
Indonesia Economic Quarterly October 2013 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Electronic book categories.
Indonesia Economic Quarterly December 2013
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Author :
language : en
Publisher:
Release Date : 2013
Indonesia Economic Quarterly December 2013 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Electronic book categories.
Indonesia Economic Quarterly March 2017
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Author : World Bank Group
language : en
Publisher:
Release Date : 2017
Indonesia Economic Quarterly March 2017 written by World Bank Group and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
With a robust rate of economic growth, low current account deficit, a conservative fiscal deficit and inflation at a record low, the fundamentals of the Indonesian economy continue to be strong. Despite global policy uncertainty, economic growth strengthened in 2016 on the back of higher private consumption growth. The economic outlook remains positive, supported by a projected pick-up in the global economy and recovering commodity prices, carrying both investment and exports. Major shifts in trade policies among advanced economies, unexpected changes in U.S. monetary policy, political uncertainty in Europe, a protracted period of elevated domestic inflation, and weak fiscal revenues pose significant downside risks. Real GDP growth in Q4 2016 eased to 4.9 percent yoy from 5.0 percent in Q3, as government expenditure continued contracting and import growth rebounded. The 4.0 percent decline in government expenditure was the largest since Q1 2010, due in part to base effects of strong expenditure growth in Q4 2015. Meanwhile investment growth rose and export growth turned positive after eight quarters of contraction, in line with stronger commodity prices.
Indonesia Economic Quarterly March 2014
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Author : Weltbank
language : en
Publisher:
Release Date : 2014
Indonesia Economic Quarterly March 2014 written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Indonesia's economy continues to adjust to weaker terms of trade and tighter external financing conditions, with the composition of growth tilting more towards net exports, and economic growth slowing moderately. While this shift is positive for macroeconomic stability, it has to date been based primarily on tighter monetary policy and the depreciation of the Rupiah in 2013, the effects of which are continuing to play out. To further reduce Indonesia's vulnerability to external shocks, to minimize the risks of a more marked cyclical slowdown in growth, and to convert the near-term macro adjustment into strong, sustained growth over the longer term, further progress on long-standing policy priorities is warranted. Progress in three key areas can support both near-term macro stability and Indonesia's long-term economic prospects. First, there is a need to support domestic and foreign investor confidence. Recent policy and regulatory developments, including the partial ban on mineral exports, have increased uncertainty, may weigh on investment across the economy, and compound the usual difficulty of predicting policy ahead of elections. Given rising fiscal pressures from slower revenue growth and higher fuel subsidy costs, the second priority is to broaden the revenue base and improve the quality of spending, notably by reducing energy subsidy expenditure. These measures would also increase available fiscal space for more equitable, pro-growth spending. Third, credible progress is needed on addressing structural impediments to stronger and more inclusive growth, namely infrastructure and worker skills gaps, and factor and product market constraints. The policy environment is naturally constrained ahead of legislative elections in April and the presidential election in July. However, in light of ongoing economic risks and Indonesia's ambitious development agenda, laying the groundwork for future reforms, minimizing policy uncertainty, and making continued reform progress in some areas, should remain a priority.