Indonesia : Private Sector Development Strategy

The report reviews the Bank's private sector development strategy in Indonesia, stipulating that the country's potential will not be realized without a pattern of private sector activity, - different from the past - but, taking the opport...

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Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2013
Subjects:
ADB
BTO
CAR
GDP
GNP
Online Access:http://documents.worldbank.org/curated/en/2001/01/828314/indonesia-private-sector-development-strategy
http://hdl.handle.net/10986/14959
id okr-10986-14959
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ADB
AGGREGATE DEMAND
AGRICULTURE
ASSET MANAGEMENT
ASSET SALES
ASSETS
AUDITS
AUTHORITY
BANK CAPITAL
BANK DEPOSITS
BANK INDONESIA
BANK LENDING
BANK RECAPITALIZATION
BANK RESTRUCTURING
BANKING SECTOR
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY PROCEEDINGS
BANKS
BENCHMARKING
BONDS
BOOK VALUE
BORROWING
BTO
CAPITAL ADEQUACY
CAPITAL INFLOWS
CAPITAL MARKETS
CAR
CASH FLOWS
CENTRAL BANK
COLLUSION
COMMERCIAL BANKS
COMPARATIVE ADVANTAGE
COMPETITION LAW
COMPETITION POLICY
CORPORATE FINANCIAL STRUCTURE
CORPORATE GOVERNANCE
CORPORATE RESTRUCTURING
CORPORATE SECTOR
CORRUPTION
COURT SYSTEM
CURRENCY DEPRECIATION
DEBT
DEBT OVERHANG
DEBT RESTRUCTURING
DECENTRALIZATION
DECENTRALIZATION PROCESS
DEPOSITS
DEVALUATION
DEVELOPMENT STRATEGY
ECONOMIC GROWTH
ECONOMIC POWER
ECONOMIC REFORM
ECONOMIC STRUCTURE
EMPLOYMENT
ENABLING ENVIRONMENT
ENFORCEMENT OF REGULATIONS
EXPORTS
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL LIBERALIZATION
FINANCIAL MARKETS
FINANCIAL RESTRUCTURING
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL SYSTEM
FISCAL
FISCAL RESOURCES
FISCAL YEAR
FOREIGN BANKS
FOREIGN BORROWING
FOREIGN DEBT
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN TRADE
GDP
GNP
GOVERNMENT POLICIES
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
HUMAN RESOURCES
INCENTIVE FRAMEWORK
INFORMAL SECTOR
INFORMATION DISCLOSURE
INSOLVENT
INTEREST RATES
INVESTMENT CLIMATE
JUDICIAL REFORM
KNOWLEDGE ECONOMY
LACK OF TRANSPARENCY
LEGAL FRAMEWORK
LEGAL SYSTEM
LIQUIDITY
LOCAL FINANCIAL INSTITUTIONS
MERGERS
MINISTRY OF FINANCE
MONOPOLIES
NATIONALIZED BANKS
PENSIONS
POLITICAL INSTABILITY
POLITICIANS
POOR GOVERNANCE
PORTFOLIOS
PRIVATE BANKS
PRIVATIZATION
PRODUCTIVE ASSETS
PROFITABILITY
PROPERTY RIGHTS
PRUDENTIAL REGULATIONS
PUBLIC ADMINISTRATION
PUBLIC SECTOR
PUBLIC SERVICES
REGIONAL DEVELOPMENT BANKS
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY SYSTEM
REGULATORY SYSTEMS
RISK MANAGEMENT
SECURITIES
SHAREHOLDERS
SOCIAL INFRASTRUCTURE
SOCIAL SECTORS
SOCIAL SERVICES
STATE BANKING
STATE BANKS
STATE ENTERPRISES
STATE OWNERSHIP
STATE POWER
STATE-OWNED ENTERPRISES
STOCK EXCHANGES
SUPERVISORY FRAMEWORK
TAXATION
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TIME DEPOSITS
TRANSPARENCY
TRANSPORT
TRUST FUND
TRUST FUNDS
URBAN DEVELOPMENT
VALUE ADDED
VENTURE CAPITAL
VULNERABILITY
WEALTH
WORKING CAPITAL PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION CRITERIA
CHANGE OF VENUE
BUSINESS ENVIRONMENT
SMALL & MEDIUM SCALE ENTERPRISES
BUSINESS MANAGEMENT
BANKING SECTOR REFORMS
CORPORATE RESTRUCTURING
CORPORATE DEBT
FINANCIAL FLOWS
INVESTMENT EFFECTIVENESS
WORKING CAPITAL
STRUCTURAL ADJUSTMENT
STRUCTURAL REFORMS
MARKET ECONOMY
CORRUPTION
PUBLIC ADMINISTRATION
RULE OF LAW
COURT ADMINISTRATION
PROPERTY RIGHTS
DISPUTE RESOLUTION
CORPORATE GOVERNANCE
PHYSICAL INFRASTRUCTURE
SOCIAL DEVELOPMENT
REGULATORY FRAMEWORK
INFRASTRUCTURE REGULATION
INFORMATION TECHNOLOGY
COMMUNICATIONS DEVELOPMENT
spellingShingle ACCOUNTING
ADB
AGGREGATE DEMAND
AGRICULTURE
ASSET MANAGEMENT
ASSET SALES
ASSETS
AUDITS
AUTHORITY
BANK CAPITAL
BANK DEPOSITS
BANK INDONESIA
BANK LENDING
BANK RECAPITALIZATION
BANK RESTRUCTURING
BANKING SECTOR
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY PROCEEDINGS
BANKS
BENCHMARKING
BONDS
BOOK VALUE
BORROWING
BTO
CAPITAL ADEQUACY
CAPITAL INFLOWS
CAPITAL MARKETS
CAR
CASH FLOWS
CENTRAL BANK
COLLUSION
COMMERCIAL BANKS
COMPARATIVE ADVANTAGE
COMPETITION LAW
COMPETITION POLICY
CORPORATE FINANCIAL STRUCTURE
CORPORATE GOVERNANCE
CORPORATE RESTRUCTURING
CORPORATE SECTOR
CORRUPTION
COURT SYSTEM
CURRENCY DEPRECIATION
DEBT
DEBT OVERHANG
DEBT RESTRUCTURING
DECENTRALIZATION
DECENTRALIZATION PROCESS
DEPOSITS
DEVALUATION
DEVELOPMENT STRATEGY
ECONOMIC GROWTH
ECONOMIC POWER
ECONOMIC REFORM
ECONOMIC STRUCTURE
EMPLOYMENT
ENABLING ENVIRONMENT
ENFORCEMENT OF REGULATIONS
EXPORTS
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL LIBERALIZATION
FINANCIAL MARKETS
FINANCIAL RESTRUCTURING
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL SYSTEM
FISCAL
FISCAL RESOURCES
FISCAL YEAR
FOREIGN BANKS
FOREIGN BORROWING
FOREIGN DEBT
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
FOREIGN TRADE
GDP
GNP
GOVERNMENT POLICIES
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
HUMAN RESOURCES
INCENTIVE FRAMEWORK
INFORMAL SECTOR
INFORMATION DISCLOSURE
INSOLVENT
INTEREST RATES
INVESTMENT CLIMATE
JUDICIAL REFORM
KNOWLEDGE ECONOMY
LACK OF TRANSPARENCY
LEGAL FRAMEWORK
LEGAL SYSTEM
LIQUIDITY
LOCAL FINANCIAL INSTITUTIONS
MERGERS
MINISTRY OF FINANCE
MONOPOLIES
NATIONALIZED BANKS
PENSIONS
POLITICAL INSTABILITY
POLITICIANS
POOR GOVERNANCE
PORTFOLIOS
PRIVATE BANKS
PRIVATIZATION
PRODUCTIVE ASSETS
PROFITABILITY
PROPERTY RIGHTS
PRUDENTIAL REGULATIONS
PUBLIC ADMINISTRATION
PUBLIC SECTOR
PUBLIC SERVICES
REGIONAL DEVELOPMENT BANKS
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY SYSTEM
REGULATORY SYSTEMS
RISK MANAGEMENT
SECURITIES
SHAREHOLDERS
SOCIAL INFRASTRUCTURE
SOCIAL SECTORS
SOCIAL SERVICES
STATE BANKING
STATE BANKS
STATE ENTERPRISES
STATE OWNERSHIP
STATE POWER
STATE-OWNED ENTERPRISES
STOCK EXCHANGES
SUPERVISORY FRAMEWORK
TAXATION
TECHNICAL ASSISTANCE
TELECOMMUNICATIONS
TIME DEPOSITS
TRANSPARENCY
TRANSPORT
TRUST FUND
TRUST FUNDS
URBAN DEVELOPMENT
VALUE ADDED
VENTURE CAPITAL
VULNERABILITY
WEALTH
WORKING CAPITAL PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION CRITERIA
CHANGE OF VENUE
BUSINESS ENVIRONMENT
SMALL & MEDIUM SCALE ENTERPRISES
BUSINESS MANAGEMENT
BANKING SECTOR REFORMS
CORPORATE RESTRUCTURING
CORPORATE DEBT
FINANCIAL FLOWS
INVESTMENT EFFECTIVENESS
WORKING CAPITAL
STRUCTURAL ADJUSTMENT
STRUCTURAL REFORMS
MARKET ECONOMY
CORRUPTION
PUBLIC ADMINISTRATION
RULE OF LAW
COURT ADMINISTRATION
PROPERTY RIGHTS
DISPUTE RESOLUTION
CORPORATE GOVERNANCE
PHYSICAL INFRASTRUCTURE
SOCIAL DEVELOPMENT
REGULATORY FRAMEWORK
INFRASTRUCTURE REGULATION
INFORMATION TECHNOLOGY
COMMUNICATIONS DEVELOPMENT
World Bank
Indonesia : Private Sector Development Strategy
geographic_facet East Asia and Pacific
Indonesia
description The report reviews the Bank's private sector development strategy in Indonesia, stipulating that the country's potential will not be realized without a pattern of private sector activity, - different from the past - but, taking the opportunity offered by the crisis to make fundamental changes in the business environment, and in how business is conducted. The first priority calls for the banking, and corporate sectors to speed up the resolution of corporate debt, and ease financial flows for investment, and working capital to resume. Second, the structural inefficiencies, partly conducive to the crisis, and to its long lasting effect, need to be overcome; therefore, reforms should enable Indonesia to become a modern market economy, able to avoid future crises. This encompasses fighting corruption in the public administration, ensuring the rule of law through the court system, reinforcing property rights, and dispute resolution mechanisms, and, ensuring transparency and corporate governance. Third, broad-based, and sustainable economic growth need to be ensured by measures such as removal of obstacles to small, and medium enterprise (SME) activity, as well as SME development promotion, including physical, and social infrastructure building. Finally, the creation of an infrastructure, and regulatory framework to take full advantage of new information/communications technologies, is paramount.
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia : Private Sector Development Strategy
title_short Indonesia : Private Sector Development Strategy
title_full Indonesia : Private Sector Development Strategy
title_fullStr Indonesia : Private Sector Development Strategy
title_full_unstemmed Indonesia : Private Sector Development Strategy
title_sort indonesia : private sector development strategy
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2001/01/828314/indonesia-private-sector-development-strategy
http://hdl.handle.net/10986/14959
_version_ 1764427720830222336
spelling okr-10986-149592021-04-23T14:03:16Z Indonesia : Private Sector Development Strategy World Bank ACCOUNTING ADB AGGREGATE DEMAND AGRICULTURE ASSET MANAGEMENT ASSET SALES ASSETS AUDITS AUTHORITY BANK CAPITAL BANK DEPOSITS BANK INDONESIA BANK LENDING BANK RECAPITALIZATION BANK RESTRUCTURING BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEEDINGS BANKS BENCHMARKING BONDS BOOK VALUE BORROWING BTO CAPITAL ADEQUACY CAPITAL INFLOWS CAPITAL MARKETS CAR CASH FLOWS CENTRAL BANK COLLUSION COMMERCIAL BANKS COMPARATIVE ADVANTAGE COMPETITION LAW COMPETITION POLICY CORPORATE FINANCIAL STRUCTURE CORPORATE GOVERNANCE CORPORATE RESTRUCTURING CORPORATE SECTOR CORRUPTION COURT SYSTEM CURRENCY DEPRECIATION DEBT DEBT OVERHANG DEBT RESTRUCTURING DECENTRALIZATION DECENTRALIZATION PROCESS DEPOSITS DEVALUATION DEVELOPMENT STRATEGY ECONOMIC GROWTH ECONOMIC POWER ECONOMIC REFORM ECONOMIC STRUCTURE EMPLOYMENT ENABLING ENVIRONMENT ENFORCEMENT OF REGULATIONS EXPORTS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL LIBERALIZATION FINANCIAL MARKETS FINANCIAL RESTRUCTURING FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL SYSTEM FISCAL FISCAL RESOURCES FISCAL YEAR FOREIGN BANKS FOREIGN BORROWING FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN TRADE GDP GNP GOVERNMENT POLICIES GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT HUMAN RESOURCES INCENTIVE FRAMEWORK INFORMAL SECTOR INFORMATION DISCLOSURE INSOLVENT INTEREST RATES INVESTMENT CLIMATE JUDICIAL REFORM KNOWLEDGE ECONOMY LACK OF TRANSPARENCY LEGAL FRAMEWORK LEGAL SYSTEM LIQUIDITY LOCAL FINANCIAL INSTITUTIONS MERGERS MINISTRY OF FINANCE MONOPOLIES NATIONALIZED BANKS PENSIONS POLITICAL INSTABILITY POLITICIANS POOR GOVERNANCE PORTFOLIOS PRIVATE BANKS PRIVATIZATION PRODUCTIVE ASSETS PROFITABILITY PROPERTY RIGHTS PRUDENTIAL REGULATIONS PUBLIC ADMINISTRATION PUBLIC SECTOR PUBLIC SERVICES REGIONAL DEVELOPMENT BANKS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY SYSTEM REGULATORY SYSTEMS RISK MANAGEMENT SECURITIES SHAREHOLDERS SOCIAL INFRASTRUCTURE SOCIAL SECTORS SOCIAL SERVICES STATE BANKING STATE BANKS STATE ENTERPRISES STATE OWNERSHIP STATE POWER STATE-OWNED ENTERPRISES STOCK EXCHANGES SUPERVISORY FRAMEWORK TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TIME DEPOSITS TRANSPARENCY TRANSPORT TRUST FUND TRUST FUNDS URBAN DEVELOPMENT VALUE ADDED VENTURE CAPITAL VULNERABILITY WEALTH WORKING CAPITAL PRIVATE SECTOR DEVELOPMENT PRIVATIZATION CRITERIA CHANGE OF VENUE BUSINESS ENVIRONMENT SMALL & MEDIUM SCALE ENTERPRISES BUSINESS MANAGEMENT BANKING SECTOR REFORMS CORPORATE RESTRUCTURING CORPORATE DEBT FINANCIAL FLOWS INVESTMENT EFFECTIVENESS WORKING CAPITAL STRUCTURAL ADJUSTMENT STRUCTURAL REFORMS MARKET ECONOMY CORRUPTION PUBLIC ADMINISTRATION RULE OF LAW COURT ADMINISTRATION PROPERTY RIGHTS DISPUTE RESOLUTION CORPORATE GOVERNANCE PHYSICAL INFRASTRUCTURE SOCIAL DEVELOPMENT REGULATORY FRAMEWORK INFRASTRUCTURE REGULATION INFORMATION TECHNOLOGY COMMUNICATIONS DEVELOPMENT The report reviews the Bank's private sector development strategy in Indonesia, stipulating that the country's potential will not be realized without a pattern of private sector activity, - different from the past - but, taking the opportunity offered by the crisis to make fundamental changes in the business environment, and in how business is conducted. The first priority calls for the banking, and corporate sectors to speed up the resolution of corporate debt, and ease financial flows for investment, and working capital to resume. Second, the structural inefficiencies, partly conducive to the crisis, and to its long lasting effect, need to be overcome; therefore, reforms should enable Indonesia to become a modern market economy, able to avoid future crises. This encompasses fighting corruption in the public administration, ensuring the rule of law through the court system, reinforcing property rights, and dispute resolution mechanisms, and, ensuring transparency and corporate governance. Third, broad-based, and sustainable economic growth need to be ensured by measures such as removal of obstacles to small, and medium enterprise (SME) activity, as well as SME development promotion, including physical, and social infrastructure building. Finally, the creation of an infrastructure, and regulatory framework to take full advantage of new information/communications technologies, is paramount. 2013-08-08T20:19:22Z 2013-08-08T20:19:22Z 2001-01-04 http://documents.worldbank.org/curated/en/2001/01/828314/indonesia-private-sector-development-strategy http://hdl.handle.net/10986/14959 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC East Asia and Pacific Indonesia