Indonesia Economic Quarterly, March 2017 : Staying the Course

With a robust rate of economic growth, low current account deficit, a conservative fiscal deficit and inflation at a record low, the fundamentals of the Indonesian economy continue to be strong. Despite global policy uncertainty, economic growth st...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS EMPLOYMENT POVERTY REDUCTION SERVICES TRADE TRADE POLICY MICROFINANCE MICROENTERPRISE SMALL AND MEDIUM ENTERPRISES
Online Access:	http://documents.worldbank.org/curated/en/820321541431186197/Indonesia-Economic-Quarterly-Staying-the-Course http://hdl.handle.net/10986/30840

id	okr-10986-30840
recordtype	oai_dc
spelling	okr-10986-308402021-05-25T09:19:28Z Indonesia Economic Quarterly, March 2017 : Staying the Course World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS EMPLOYMENT POVERTY REDUCTION SERVICES TRADE TRADE POLICY MICROFINANCE MICROENTERPRISE SMALL AND MEDIUM ENTERPRISES With a robust rate of economic growth, low current account deficit, a conservative fiscal deficit and inflation at a record low, the fundamentals of the Indonesian economy continue to be strong. Despite global policy uncertainty, economic growth strengthened in 2016 on the back of higher private consumption growth. The economic outlook remains positive, supported by a projected pick-up in the global economy and recovering commodity prices, carrying both investment and exports.Major shifts in trade policies among advanced economies, unexpected changes in U.S. monetary policy, political uncertainty in Europe, a protracted period of elevated domestic inflation, and weak fiscal revenues pose significant downside risks. Real GDP growth in Q4 2016 eased to 4.9 percent yoy from 5.0 percent in Q3, as government expenditure continued contracting and import growth rebounded. The 4.0 percent decline in government expenditure was the largest since Q1 2010, due in part to base effects of strong expenditure growth in Q4 2015. Meanwhile investment growth rose and export growth turned positive after eight quarters of contraction, in line with stronger commodity prices. 2018-11-12T17:44:07Z 2018-11-12T17:44:07Z 2017-03 Report http://documents.worldbank.org/curated/en/820321541431186197/Indonesia-Economic-Quarterly-Staying-the-Course http://hdl.handle.net/10986/30840 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 EMPLOYMENT POVERTY REDUCTION SERVICES TRADE TRADE POLICY MICROFINANCE MICROENTERPRISE SMALL AND MEDIUM ENTERPRISES
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS EMPLOYMENT POVERTY REDUCTION SERVICES TRADE TRADE POLICY MICROFINANCE MICROENTERPRISE SMALL AND MEDIUM ENTERPRISES World Bank Indonesia Economic Quarterly, March 2017 : Staying the Course
geographic_facet	East Asia and Pacific Indonesia
description	With a robust rate of economic growth, low current account deficit, a conservative fiscal deficit and inflation at a record low, the fundamentals of the Indonesian economy continue to be strong. Despite global policy uncertainty, economic growth strengthened in 2016 on the back of higher private consumption growth. The economic outlook remains positive, supported by a projected pick-up in the global economy and recovering commodity prices, carrying both investment and exports.Major shifts in trade policies among advanced economies, unexpected changes in U.S. monetary policy, political uncertainty in Europe, a protracted period of elevated domestic inflation, and weak fiscal revenues pose significant downside risks. Real GDP growth in Q4 2016 eased to 4.9 percent yoy from 5.0 percent in Q3, as government expenditure continued contracting and import growth rebounded. The 4.0 percent decline in government expenditure was the largest since Q1 2010, due in part to base effects of strong expenditure growth in Q4 2015. Meanwhile investment growth rose and export growth turned positive after eight quarters of contraction, in line with stronger commodity prices.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Indonesia Economic Quarterly, March 2017 : Staying the Course
title_short	Indonesia Economic Quarterly, March 2017 : Staying the Course
title_full	Indonesia Economic Quarterly, March 2017 : Staying the Course
title_fullStr	Indonesia Economic Quarterly, March 2017 : Staying the Course
title_full_unstemmed	Indonesia Economic Quarterly, March 2017 : Staying the Course
title_sort	indonesia economic quarterly, march 2017 : staying the course
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/820321541431186197/Indonesia-Economic-Quarterly-Staying-the-Course http://hdl.handle.net/10986/30840
_version_	1764472990584537088

Indonesia Economic Quarterly, March 2017 : Staying the Course

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