Indonesia Economic Quarterly, October 2017 : Closing the Gap

Indonesia’s real gross domestic product (GDP) expanded by 5.0 percent yoy in Q2 2017, unchanged from Q1. Growth rates have been steady at around 5 percent since Q1 2014, lower than those recorded at the beginning of the decade. While this growth ra...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/738531523872783326/Indonesia-economic-quarterly-closing-the-gap
http://hdl.handle.net/10986/29727
id okr-10986-29727
recordtype oai_dc
spelling okr-10986-297272021-05-25T09:14:03Z Indonesia Economic Quarterly, October 2017 : Closing the Gap World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS INVESTMENT MONETARY POLICY COMMODITY PRICES RISK MANAGEMENT EMPLOYMENT LABOR MARKET POVERTY POVERTY REDUCTION INFRASTRUCTURE Indonesia’s real gross domestic product (GDP) expanded by 5.0 percent yoy in Q2 2017, unchanged from Q1. Growth rates have been steady at around 5 percent since Q1 2014, lower than those recorded at the beginning of the decade. While this growth rate places Indonesia among the fastest-growing large economies in the world, the lack of an acceleration is a matter of concern, considering the favorable external environment and domestic policy reform momentum. Government consumption is expected to increase in 2018, but deficits will remain contained due to enhanced revenue performance linked to economic growth and tax reforms. It is critical to maintain reform momentum as gaps in physical and human capital, as well as institutional quality, are still significant. The government has begun to take measures, but accelerating the pace of private sector investments to close the infrastructure gap with emerging economies will require further efforts. 2018-04-26T18:22:00Z 2018-04-26T18:22:00Z 2017-10 Report http://documents.worldbank.org/curated/en/738531523872783326/Indonesia-economic-quarterly-closing-the-gap http://hdl.handle.net/10986/29727 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work 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
topic ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
INVESTMENT
MONETARY POLICY
COMMODITY PRICES
RISK MANAGEMENT
EMPLOYMENT
LABOR MARKET
POVERTY
POVERTY REDUCTION
INFRASTRUCTURE
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
INVESTMENT
MONETARY POLICY
COMMODITY PRICES
RISK MANAGEMENT
EMPLOYMENT
LABOR MARKET
POVERTY
POVERTY REDUCTION
INFRASTRUCTURE
World Bank
Indonesia Economic Quarterly, October 2017 : Closing the Gap
geographic_facet East Asia and Pacific
Indonesia
description Indonesia’s real gross domestic product (GDP) expanded by 5.0 percent yoy in Q2 2017, unchanged from Q1. Growth rates have been steady at around 5 percent since Q1 2014, lower than those recorded at the beginning of the decade. While this growth rate places Indonesia among the fastest-growing large economies in the world, the lack of an acceleration is a matter of concern, considering the favorable external environment and domestic policy reform momentum. Government consumption is expected to increase in 2018, but deficits will remain contained due to enhanced revenue performance linked to economic growth and tax reforms. It is critical to maintain reform momentum as gaps in physical and human capital, as well as institutional quality, are still significant. The government has begun to take measures, but accelerating the pace of private sector investments to close the infrastructure gap with emerging economies will require further efforts.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, October 2017 : Closing the Gap
title_short Indonesia Economic Quarterly, October 2017 : Closing the Gap
title_full Indonesia Economic Quarterly, October 2017 : Closing the Gap
title_fullStr Indonesia Economic Quarterly, October 2017 : Closing the Gap
title_full_unstemmed Indonesia Economic Quarterly, October 2017 : Closing the Gap
title_sort indonesia economic quarterly, october 2017 : closing the gap
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/738531523872783326/Indonesia-economic-quarterly-closing-the-gap
http://hdl.handle.net/10986/29727
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