Despite having a large labour force of 121m people by February 2013, Indonesia has achieved a consistent fall in official unemployment over the past decade. Growing investment in manufacturing and services has driven job creation, although the most labour-intensive sectors tend to be the lowest value-added. With roughly half the 247m-population...
What challenges do ASEAN countries face before inaugurating the Economic Community in 2015?
Slower growth in Indonesia may provide an impetus to realise a range of reforms that the government is planning, changes that could open several important and attractive sectors to greater foreign investment. On November 6, 2013 the Indonesia Investment Coordinating Board (BKPM) announced plans to allow foreign investment in airports and ports,...
A significant actor in global trade and investment, and a member of the G20 group of the world’s largest economies, Indonesia has achieved a strong record of attracting foreign direct investment (FDI) and rebalancing its trade patterns toward high-growth markets. The authorities have developed new markets for exports while encouraging investment...
To what extent will China’s economic slowdown and lower commodity prices impact Indonesia’s goals?
The global economy appears to be moving into a new phase, in which output in advanced economies is firming, albeit probably not as strongly as we would have liked. Developing country growth appears to be slowing, including in the Asia-Pacific region. Our retreat, of course, came in the wake of the decision by the US Federal Reserve to defer its...
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