In spite of the economic uncertainty that characterised much of 2011, Indonesia’s strong growth has solidified its reputation as one of the world’s most important emerging economies.
Asia Economy
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Economic update | Indonesia: Year in Review 2011
13 Jan 2012
With some 17,500 islands tied into a single political system, a centralised unitary government has not proved adaptable to Indonesia’s geography or society. Decentralisation, which began in 1999 and devolved power to local administrative units, has seen both successes and failures, but should hopefully prove more stable in the long run. Critics see the programme as multiplying local bureaucracies...
Already the world’s 17th-largest economy with a nominal GDP of $768bn in 2010, Indonesia is one of the three fastest-growing economies in Asia. Authorities are working to use the country’s key competitive advantages to attract the long-term investment needed to realise their goal of becoming one of the top 10 economies by 2025. Growth was forecast to reach 6.3-6.5% for 2011. However, addressing...
Chapter | Country Profile from The Report: Indonesia 2012
Includes information about Indonesia’s geography, history, economy, government, foreign relations, population, language and culture.
An archipelago of over 17,500 islands, Indonesia is today the world’s fourth-largest country by population, at 245m. The astonishing diversity of ethnicities and cultures comes together in a democratic framework under the pancasila, or “five principles”: nationalism, humanitarianism, representative democracy, social welfare and monotheism
Economic update | Thailand: Year in Review 2011
10 Jan 2012
News regarding Thailand was dominated during 2011 by political change and environmental catastrophe, with both having important economic impacts. For most of the year however, the country’s investment story was one of growing foreign interest on the back of steady economic growth.