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Indonesia

Page history last edited by Brian D Butler 11 years, 11 months ago

 

Understanding Indonesia:

 

 

 

 

Geography & Wealth

 

http://media.economist.com/images/images-magazine/2011/03/19/as/20110319_asm972.gif

 

 

Commodities

Much like economies in Latin America,  Indonesia is dependent on commodity exports.  For this reason, their economy has been booming (up until 2008).  

 

 

Economic Development & Decentralization

 

see: Economic Development

 

"Decentralisation began with high hopes in 1999 to reverse the extreme centralisation of the Suharto years. The dictator had tried to rule Indonesia’s millions of people (now 237m) and its 17,000 islands with an iron fist from Jakarta. This provoked resentment and insurrection in resource-rich provinces such as Aceh, which saw their wealth plundered by a corrupt elite. There was even talk of secession in East Kalimantan, with its abundance of coal, gold, oil and gas.  After Suharto was toppled in 1998, the central government" .... read more here:  http://www.economist.com/node/18399113 

 

Related topics from the Economist.com

 

Indonesia Economy Sees Fastest Growth in 10 Years

By Farida Husna and I Made Sentana 

JAKARTA, Indonesia -- The Indonesian economy expanded last year at its fastest pace in a decade on rising investment and growth in commodity exports, the Central Statistics Agency reported.

Economists generally expect momentum to be sustained this year, but they said that even faster growth will be needed to address the problems of widespread unemployment and poverty.

Southeast Asia's largest economy grew 6.32% in 2007, accelerating from 5.5% in the previous year, the statistics agency said Friday.

The expansion in gross domestic product, the total value of goods and ...

 

 

 

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