Indonesia Economic Quarterly FY13
The Indonesia 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...
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Format: | Economic Updates and Modeling |
Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2013/05/17910711/indonesia-economic-quarterly-fy13 http://hdl.handle.net/10986/16521 |
Summary: | The Indonesia 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 macroeconomy 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.
The near-term global economic outlook is fragile and
emerging economies, including Indonesia, again face the risk
of a potential crisis that is not of their making. The
growth outlook for Indonesia s major trading partners (MTP),
at 3.3 percent in 2012, remains relatively weak as increased
Euro zone uncertainty adds to the ongoing drags on global
growth from budget cutting and deleveraging in developed
economies, and capacity constraints in some developing
economies. Recent international financial market turbulence
looks set to continue in the near-term and, while this
baseline scenario remains the most likely outcome, capital
flows to emerging economies and sentiment are likely to
remain volatile. Further enhancing crisis preparedness is
therefore a policy priority for economies such as Indonesia
but, at the same time, it is important to push ahead with
reforms and investments which can support medium-term growth
in what is likely to be a weaker global economic environment. |
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