Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility

The Indonesian economic quarterly reports on and synthesizes the past three months' key developments in Indonesia's economy. It places them in a longer-term and global context, and assesses the implications of these developments and other...

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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/489941468269098179/Indonesia-economic-quarterly-continuity-amidst-volatility
http://hdl.handle.net/10986/30837
id okr-10986-30837
recordtype oai_dc
spelling okr-10986-308372021-04-23T14:04:59Z Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK FINANCIAL MARKETS DEBT BALANCE OF PAYMENTS EMPLOYMENT FISCAL TRENDS COMMODITY PRICES INTEREST RATE The Indonesian economic quarterly reports on and synthesizes the past three months' key developments in Indonesia's economy. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy for the outlook for Indonesia's economic and social welfare. Its coverage ranges from the macro economy to financial markets to indicators of human welfare and development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. Through an uncertain environment, Indonesia's economy continued to consolidate its recovery from the global economic and financial crisis. As expected, growth moderated in the first quarter of 2010, but remained above pre-crisis averages, and appears to have accelerated in the second. Price growth remained relatively modest for the most part, supporting consumers' spending power. International financial flows remained large but volatile, continuing to challenge policy makers. Further large flows in March and April into liquid Indonesian financial assets reversed during the volatility in global financial markets in May. But the authorities appear to have managed this well and the impact on local financial markets was comparatively small. The economy is expected to gradually accelerate through 2011, largely due to domestic demand. The renewed volatility in global financial conditions and uncertain developed economy outlook has increased the near term downside risks to forecasts, while domestic political developments appear to be increasing the longer-term risk that the government falls short of its ambitious reform agenda required to lift growth above 7 percent by mid-decade. 2018-11-12T17:12:08Z 2018-11-12T17:12:08Z 2010-06 Report http://documents.worldbank.org/curated/en/489941468269098179/Indonesia-economic-quarterly-continuity-amidst-volatility http://hdl.handle.net/10986/30837 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank 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
topic ECONOMIC GROWTH
ECONOMIC OUTLOOK
FINANCIAL MARKETS
DEBT
BALANCE OF PAYMENTS
EMPLOYMENT
FISCAL TRENDS
COMMODITY PRICES
INTEREST RATE
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
FINANCIAL MARKETS
DEBT
BALANCE OF PAYMENTS
EMPLOYMENT
FISCAL TRENDS
COMMODITY PRICES
INTEREST RATE
World Bank
Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility
geographic_facet East Asia and Pacific
Indonesia
description The Indonesian economic quarterly reports on and synthesizes the past three months' key developments in Indonesia's economy. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy for the outlook for Indonesia's economic and social welfare. Its coverage ranges from the macro economy to financial markets to indicators of human welfare and development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia's evolving economy. Through an uncertain environment, Indonesia's economy continued to consolidate its recovery from the global economic and financial crisis. As expected, growth moderated in the first quarter of 2010, but remained above pre-crisis averages, and appears to have accelerated in the second. Price growth remained relatively modest for the most part, supporting consumers' spending power. International financial flows remained large but volatile, continuing to challenge policy makers. Further large flows in March and April into liquid Indonesian financial assets reversed during the volatility in global financial markets in May. But the authorities appear to have managed this well and the impact on local financial markets was comparatively small. The economy is expected to gradually accelerate through 2011, largely due to domestic demand. The renewed volatility in global financial conditions and uncertain developed economy outlook has increased the near term downside risks to forecasts, while domestic political developments appear to be increasing the longer-term risk that the government falls short of its ambitious reform agenda required to lift growth above 7 percent by mid-decade.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility
title_short Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility
title_full Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility
title_fullStr Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility
title_full_unstemmed Indonesia Economic Quarterly, June 2010 : Continuity Amidst Volatility
title_sort indonesia economic quarterly, june 2010 : continuity amidst volatility
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/489941468269098179/Indonesia-economic-quarterly-continuity-amidst-volatility
http://hdl.handle.net/10986/30837
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