Openness, Growth, and Productivity in Indonesia's Development Agenda
The government of Indonesia has set ambitious goals for development, envisioning high, inclusive and sustainable growth over the coming years. Indonesia has the resource endowments and the potential to attain these goals. To turn this potential int...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Jakarta
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/12/19789123/openness-growth-productivity-indonesias-development-agenda-policy-note-1 http://hdl.handle.net/10986/23507 |
| Summary: | The government of Indonesia has set
ambitious goals for development, envisioning high, inclusive
and sustainable growth over the coming years. Indonesia has
the resource endowments and the potential to attain these
goals. To turn this potential into reality, the private
sector needs to increase investment and productivity to
become a growth-engine for quality jobs to meet the needs of
a rapidly increasing labor force. This note argues that
maintaining and deepening Indonesia s integration into the
global marketplace will facilitate this process. Policies
that encourage greater integration into the world economy
are no substitute, however, for a broader development
strategy that takes into account, on one hand, that public
support may be needed to improve the general business
climate and quality of human capital, particularly logistics
services, and on the other, that there remains room for
corrective action to compensate groups that may be
negatively impacted in the process of integration into the
world economy. |
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