Indonesia Economic Quarterly, September 2010 : Looking Forward

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...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/577811468048880367/Indonesia-economic-quarterly-looking-forward
http://hdl.handle.net/10986/30838
id okr-10986-30838
recordtype oai_dc
spelling okr-10986-308382021-04-23T14:04:59Z Indonesia Economic Quarterly, September 2010 : Looking Forward World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK CAPITAL FLOWS POVERTY REDUCTION FISCAL TRENDS INFLATION FREE TRADE AGREEMENT ASEAN FINANCIAL SERVICES FINANCIAL INCLUSION LABOR POLICY EDUCATION EMPLOYMENT URBAN DEVELOPMENT 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. Indonesia's economy continues to record robust growth, in contrast with the volatility and uncertainty characterizing major economies globally. The robustness of growth has allowed the policy focus to shift from near-term uncertainty towards achieving the investments and reform required to achieve sustained and strong growth over the longer-term. Meeting the Government's target of over 7 percent growth by 2014 requires strong rises in investment, particularly in infrastructure, and in skills and productivity. Quarterly output accelerated in Q2, resulting in year-on-year growth of 6.2 percent, the highest since the onset of the global economic crisis two years earlier. Domestic demand, particularly private consumption, underpins the growth performance and has been associated with rising imports, particularly for investment and intermediate goods. Slow disbursement of government expenditures continue to act as a drag on growth, but less so than in Q1. Indonesia's trading partners also recorded stronger growth than expected, although the overall contribution of net external demand to growth was negative in Q2. Correspondingly, domestic-oriented sectors outperformed externally-oriented sectors. 2018-11-12T17:17:13Z 2018-11-12T17:17:13Z 2010-09 Report http://documents.worldbank.org/curated/en/577811468048880367/Indonesia-economic-quarterly-looking-forward http://hdl.handle.net/10986/30838 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
CAPITAL FLOWS
POVERTY REDUCTION
FISCAL TRENDS
INFLATION
FREE TRADE AGREEMENT
ASEAN
FINANCIAL SERVICES
FINANCIAL INCLUSION
LABOR POLICY
EDUCATION
EMPLOYMENT
URBAN DEVELOPMENT
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
CAPITAL FLOWS
POVERTY REDUCTION
FISCAL TRENDS
INFLATION
FREE TRADE AGREEMENT
ASEAN
FINANCIAL SERVICES
FINANCIAL INCLUSION
LABOR POLICY
EDUCATION
EMPLOYMENT
URBAN DEVELOPMENT
World Bank
Indonesia Economic Quarterly, September 2010 : Looking Forward
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. Indonesia's economy continues to record robust growth, in contrast with the volatility and uncertainty characterizing major economies globally. The robustness of growth has allowed the policy focus to shift from near-term uncertainty towards achieving the investments and reform required to achieve sustained and strong growth over the longer-term. Meeting the Government's target of over 7 percent growth by 2014 requires strong rises in investment, particularly in infrastructure, and in skills and productivity. Quarterly output accelerated in Q2, resulting in year-on-year growth of 6.2 percent, the highest since the onset of the global economic crisis two years earlier. Domestic demand, particularly private consumption, underpins the growth performance and has been associated with rising imports, particularly for investment and intermediate goods. Slow disbursement of government expenditures continue to act as a drag on growth, but less so than in Q1. Indonesia's trading partners also recorded stronger growth than expected, although the overall contribution of net external demand to growth was negative in Q2. Correspondingly, domestic-oriented sectors outperformed externally-oriented sectors.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, September 2010 : Looking Forward
title_short Indonesia Economic Quarterly, September 2010 : Looking Forward
title_full Indonesia Economic Quarterly, September 2010 : Looking Forward
title_fullStr Indonesia Economic Quarterly, September 2010 : Looking Forward
title_full_unstemmed Indonesia Economic Quarterly, September 2010 : Looking Forward
title_sort indonesia economic quarterly, september 2010 : looking forward
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/577811468048880367/Indonesia-economic-quarterly-looking-forward
http://hdl.handle.net/10986/30838
_version_ 1764472986076708864