With China and India seeing unprecedented growth over the past decade, global trade has increasingly pivoted towards Asia, putting ASEAN in a favourable position to capitalise on new regional opportunities. Official integration of the ASEAN Economic Community (AEC) is set to have a dramatic impact on future trade growth, both within ASEAN and beyond. Indonesia’s population and economy are the...
Asia Economy
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Chapter | Country Profile from The Report: Indonesia 2017
Interviews & Viewpoints | Sri Mulyani Indrawati, Former Managing Director, World Bank: Interview from The Report: Indonesia 2017
Articles & Analysis | In light of ASEAN integration, Indonesian government focusing on strengthening SMEs' competitiveness from The Report: Indonesia 2017
Standing as a critical pillar of the Indonesian economy, small and medium-sized enterprises (SMEs) are the country’s largest employers and a significant contributor to GDP growth, although they have been hit by Indonesia’s economic slowdown, with many struggling to access credit and export markets, in addition to feeling the pain of a...
Articles & Analysis | Economic reforms should help Indonesia maintain momentum from The Report: Indonesia 2017
Long considered South-east Asia’s economic powerhouse, Indonesia has seen growth decelerate in recent years as commodities prices fall and demand in China weakens, while currency depreciation in light of US monetary easing has impacted its manufacturing and industrial sectors, as well as small and medium-sized enterprises (SMEs).
Articles & Analysis | Ongoing efforts to build up infrastructure should improve employment growth in Indonesia from The Report: Indonesia 2017
As Indonesia grapples with an economic slowdown, decreased export revenues and subdued GDP growth, the creation of new jobs – particularly permanent, full-time positions – is not expected to keep pace with the over 2m Indonesians who enter the labour force each year. The country’s greatest potential economic strength, its powerful domestic...
Articles & Analysis | New stimulus packages aim at economic liberalisation in Indonesia from The Report: Indonesia 2017
In a bid to support flagging economic growth, the administration of President Joko Widodo has rolled out a host of stimulus packages in recent months, offering support to critical industries, investment incentives and regulatory reforms aimed at greatly improving the ease of doing business.