Indonesia Economic Quarterly, July 2015 : Slower Gains

Midway through 2015, Indonesia remains confronted with an uncertain external environment, and domestic economic policy challenges have intensified. GDP decelerated to below 5 percent in the first quarter and private consumption expenditure, Indones...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/07/24784116/indonesia-economic-quarterly-slower-gains
http://hdl.handle.net/10986/22341
id okr-10986-22341
recordtype oai_dc
spelling okr-10986-223412021-04-23T14:04:08Z Indonesia Economic Quarterly, July 2015 : Slower Gains World Bank ECONOMIC GROWTH EXTERNAL VULNERABILITIES INFLATION JOB CREATION PRIVATE CONSUMPTION EXPENDITURES Midway through 2015, Indonesia remains confronted with an uncertain external environment, and domestic economic policy challenges have intensified. GDP decelerated to below 5 percent in the first quarter and private consumption expenditure, Indonesia’s engine of growth in recent years, is also slowing. Weaker growth has resulted in slower job creation, with recent employment rising only just enough to absorb the increase in working age population. While the commodity downturn since 2012 and policy response have affected output growth the most in resource-rich provinces, employment creation has come under pressure across Indonesia. Yet the scope for policy stimulus is limited and monetary policy in particular is constrained due to sticky inflation and persistent external vulnerabilities. 2015-07-29T16:26:26Z 2015-07-29T16:26:26Z 2015-07 Report http://documents.worldbank.org/curated/en/2015/07/24784116/indonesia-economic-quarterly-slower-gains http://hdl.handle.net/10986/22341 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific Indonesia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ECONOMIC GROWTH
EXTERNAL VULNERABILITIES
INFLATION
JOB CREATION
PRIVATE CONSUMPTION EXPENDITURES
spellingShingle ECONOMIC GROWTH
EXTERNAL VULNERABILITIES
INFLATION
JOB CREATION
PRIVATE CONSUMPTION EXPENDITURES
World Bank
Indonesia Economic Quarterly, July 2015 : Slower Gains
geographic_facet East Asia and Pacific
Indonesia
description Midway through 2015, Indonesia remains confronted with an uncertain external environment, and domestic economic policy challenges have intensified. GDP decelerated to below 5 percent in the first quarter and private consumption expenditure, Indonesia’s engine of growth in recent years, is also slowing. Weaker growth has resulted in slower job creation, with recent employment rising only just enough to absorb the increase in working age population. While the commodity downturn since 2012 and policy response have affected output growth the most in resource-rich provinces, employment creation has come under pressure across Indonesia. Yet the scope for policy stimulus is limited and monetary policy in particular is constrained due to sticky inflation and persistent external vulnerabilities.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, July 2015 : Slower Gains
title_short Indonesia Economic Quarterly, July 2015 : Slower Gains
title_full Indonesia Economic Quarterly, July 2015 : Slower Gains
title_fullStr Indonesia Economic Quarterly, July 2015 : Slower Gains
title_full_unstemmed Indonesia Economic Quarterly, July 2015 : Slower Gains
title_sort indonesia economic quarterly, july 2015 : slower gains
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/07/24784116/indonesia-economic-quarterly-slower-gains
http://hdl.handle.net/10986/22341
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