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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Online Access: | http://documents.worldbank.org/curated/en/2015/07/24784116/indonesia-economic-quarterly-slower-gains http://hdl.handle.net/10986/22341 |
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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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1764450940538060800 |