Indonesia - Avoiding the Trap : Development Policy Review 2014
Within the next two decades Indonesia aspires to generate prosperity, avoid a middle-income trap, and leave no one behind as it tries to catch up with high-income economies. Can Indonesia achieve them? This report argues that the country has the po...
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| Format: | Development Policy Review (DPR) |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/03/19752142/indonesia-avoiding-trap-development-policy-review-2014 http://hdl.handle.net/10986/19326 |
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okr-10986-19326 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING AGRICULTURE ASSETS AVERAGE PRODUCTIVITY BANK CREDIT BANK FINANCING BASIC EDUCATION BROKER BROKERAGE BUDGETING CAPITAL FORMATION CAPITAL MARKET CAPITAL MARKETS CAPITAL STOCK CASH FLOW CASH FLOWS CLIMATE CHANGE COAL COMMODITY PRICE COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER DURABLES COORDINATION FAILURES CORPORATE BOND CORPORATE BOND MARKET CORPORATE BONDS CREDIT CONSTRAINT DEBT DECENTRALIZATION DEFICIT SPENDING DEMOGRAPHICS DEPOSIT DEVELOPMENT POLICY DOMESTIC DEBT DOMESTIC DEBT SECURITIES DRIVERS ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC SECTORS ECONOMICS ECONOMISTS ELECTRICITY EMERGING ECONOMIES EMPIRICAL EVIDENCE EMPLOYMENT GROWTH ENFORCEMENT MECHANISMS ENFORCEMENT OF CONTRACTS ENVIRONMENTAL EQUIPMENT ESCROW EXCHANGE RATE EXISTING WORKFORCE EXPENDITURE EXPORTS EXTREME POVERTY FACTOR MARKETS FINANCIAL CRISIS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR FINANCING REQUIREMENT FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICY FISCAL REFORMS FOREIGN INVESTORS FORESTRY GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL INTEREST GOVERNMENT BUDGET GOVERNMENT DEFICIT GOVERNMENT EXPENDITURE GOVERNMENT REVENUES GOVERNMENT SPENDING GRANT ALLOCATION GROWTH POTENTIAL GROWTH RATE GROWTH THEORY HEALTH SPENDING HOUSEHOLD INCOMES HOUSING HUMAN CAPITAL HUMAN RESOURCES INCOME INCOME INEQUALITY INCOME LEVEL INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST PAYMENTS INTEREST RATES INTERGOVERNMENTAL FINANCE INVENTORY INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT FUNDS INVESTMENT REQUIREMENTS INVESTOR PROTECTION ISSUANCE JOB CREATION LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKET ISSUES LABOR MARKET RIGIDITIES LABOR MOVEMENT LABOR PRODUCTIVITY LABOR UNIONS LAND REFORMS LANDOWNERS LEGAL ENVIRONMENT LEGAL RIGHTS LEGAL SYSTEM LICENSES LIVING STANDARDS LOCAL GOVERNMENTS LOCAL INFRASTRUCTURE MANPOWER MATURITY MATURITY SPECTRUM MINIMUM WAGE MORTALITY MULTIPLIER EFFECTS MUNICIPAL BONDS MUNICIPALITIES NATIONAL GOVERNMENTS NATURAL DISASTER NATURAL DISASTERS NOMINAL WAGES OIL OIL PRICE PENSION PENSION FUND PENSION FUND ASSETS PERVERSE INCENTIVES PHYSICAL ASSETS PHYSICAL SECURITY POLICY RESPONSE PORTS PRICE INCREASES PRICE RISKS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRODUCERS PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICE PUBLIC SPENDING REAL GDP REAL INCOME REGULATORY BARRIERS REGULATORY FRAMEWORK RESOURCE MANAGEMENT RETAINED EARNINGS RETURN REVENUE COLLECTION RISK AVERSION RISK MANAGEMENT RISK PROFILE ROADS SAFETY SAFETY NET SAFETY NETS SAVINGS SECURITIES SETTLEMENT SEVERANCE PAY STRUCTURAL CHANGE SUBNATIONAL GOVERNMENTS TAX TAX EXPENDITURES TAX REFORM TAX REFORMS TAX REVENUES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT TRADE BALANCE TRADE LAWS TRANSPARENCY UNEMPLOYMENT URBAN INFRASTRUCTURE URBANIZATION VALUATION WAGE COUNCILS WAGE INCREASES WAGES WEALTH |
| spellingShingle |
ACCOUNTING AGRICULTURE ASSETS AVERAGE PRODUCTIVITY BANK CREDIT BANK FINANCING BASIC EDUCATION BROKER BROKERAGE BUDGETING CAPITAL FORMATION CAPITAL MARKET CAPITAL MARKETS CAPITAL STOCK CASH FLOW CASH FLOWS CLIMATE CHANGE COAL COMMODITY PRICE COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER DURABLES COORDINATION FAILURES CORPORATE BOND CORPORATE BOND MARKET CORPORATE BONDS CREDIT CONSTRAINT DEBT DECENTRALIZATION DEFICIT SPENDING DEMOGRAPHICS DEPOSIT DEVELOPMENT POLICY DOMESTIC DEBT DOMESTIC DEBT SECURITIES DRIVERS ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC SECTORS ECONOMICS ECONOMISTS ELECTRICITY EMERGING ECONOMIES EMPIRICAL EVIDENCE EMPLOYMENT GROWTH ENFORCEMENT MECHANISMS ENFORCEMENT OF CONTRACTS ENVIRONMENTAL EQUIPMENT ESCROW EXCHANGE RATE EXISTING WORKFORCE EXPENDITURE EXPORTS EXTREME POVERTY FACTOR MARKETS FINANCIAL CRISIS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR FINANCING REQUIREMENT FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICY FISCAL REFORMS FOREIGN INVESTORS FORESTRY GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL INTEREST GOVERNMENT BUDGET GOVERNMENT DEFICIT GOVERNMENT EXPENDITURE GOVERNMENT REVENUES GOVERNMENT SPENDING GRANT ALLOCATION GROWTH POTENTIAL GROWTH RATE GROWTH THEORY HEALTH SPENDING HOUSEHOLD INCOMES HOUSING HUMAN CAPITAL HUMAN RESOURCES INCOME INCOME INEQUALITY INCOME LEVEL INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST PAYMENTS INTEREST RATES INTERGOVERNMENTAL FINANCE INVENTORY INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT FUNDS INVESTMENT REQUIREMENTS INVESTOR PROTECTION ISSUANCE JOB CREATION LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKET ISSUES LABOR MARKET RIGIDITIES LABOR MOVEMENT LABOR PRODUCTIVITY LABOR UNIONS LAND REFORMS LANDOWNERS LEGAL ENVIRONMENT LEGAL RIGHTS LEGAL SYSTEM LICENSES LIVING STANDARDS LOCAL GOVERNMENTS LOCAL INFRASTRUCTURE MANPOWER MATURITY MATURITY SPECTRUM MINIMUM WAGE MORTALITY MULTIPLIER EFFECTS MUNICIPAL BONDS MUNICIPALITIES NATIONAL GOVERNMENTS NATURAL DISASTER NATURAL DISASTERS NOMINAL WAGES OIL OIL PRICE PENSION PENSION FUND PENSION FUND ASSETS PERVERSE INCENTIVES PHYSICAL ASSETS PHYSICAL SECURITY POLICY RESPONSE PORTS PRICE INCREASES PRICE RISKS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRODUCERS PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICE PUBLIC SPENDING REAL GDP REAL INCOME REGULATORY BARRIERS REGULATORY FRAMEWORK RESOURCE MANAGEMENT RETAINED EARNINGS RETURN REVENUE COLLECTION RISK AVERSION RISK MANAGEMENT RISK PROFILE ROADS SAFETY SAFETY NET SAFETY NETS SAVINGS SECURITIES SETTLEMENT SEVERANCE PAY STRUCTURAL CHANGE SUBNATIONAL GOVERNMENTS TAX TAX EXPENDITURES TAX REFORM TAX REFORMS TAX REVENUES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT TRADE BALANCE TRADE LAWS TRANSPARENCY UNEMPLOYMENT URBAN INFRASTRUCTURE URBANIZATION VALUATION WAGE COUNCILS WAGE INCREASES WAGES WEALTH World Bank Indonesia - Avoiding the Trap : Development Policy Review 2014 |
| geographic_facet |
East Asia and Pacific Indonesia |
| description |
Within the next two decades Indonesia
aspires to generate prosperity, avoid a middle-income trap,
and leave no one behind as it tries to catch up with
high-income economies. Can Indonesia achieve them? This
report argues that the country has the potential to rise and
become more prosperous and equitable. But the risk of
floating in the middle is real. Which pathway the economy
will take depends on: (i) the adoption of a growth strategy
that unleashes the productivity potential of the economy;
and (ii) consistent implementation of a few, long-standing,
high-priority structural reforms to boost growth and share
prosperity more widely. Indonesia is fortunate to have
options in financing these reforms without threatening its
long-term fiscal outlook. The difficulties lie in getting
the reforms implemented in a complex institutional and
decentralized framework. The report identifies the reforms
of institutions and processes that govern the functioning of
the state as critical for unleashing the country's
development potential. The report provides an analytical
underpinning for the Bank's country partnership
strategy 2009-14 and shapes the Bank's support to the
government's rencana pembangunan jangka menengah
nasional (RPJMN) 2010-2014. |
| format |
Economic & Sector Work :: Development Policy Review (DPR) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Indonesia - Avoiding the Trap : Development Policy Review 2014 |
| title_short |
Indonesia - Avoiding the Trap : Development Policy Review 2014 |
| title_full |
Indonesia - Avoiding the Trap : Development Policy Review 2014 |
| title_fullStr |
Indonesia - Avoiding the Trap : Development Policy Review 2014 |
| title_full_unstemmed |
Indonesia - Avoiding the Trap : Development Policy Review 2014 |
| title_sort |
indonesia - avoiding the trap : development policy review 2014 |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/03/19752142/indonesia-avoiding-trap-development-policy-review-2014 http://hdl.handle.net/10986/19326 |
| _version_ |
1764443633511038976 |
| spelling |
okr-10986-193262021-04-23T14:03:51Z Indonesia - Avoiding the Trap : Development Policy Review 2014 World Bank ACCOUNTING AGRICULTURE ASSETS AVERAGE PRODUCTIVITY BANK CREDIT BANK FINANCING BASIC EDUCATION BROKER BROKERAGE BUDGETING CAPITAL FORMATION CAPITAL MARKET CAPITAL MARKETS CAPITAL STOCK CASH FLOW CASH FLOWS CLIMATE CHANGE COAL COMMODITY PRICE COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER DURABLES COORDINATION FAILURES CORPORATE BOND CORPORATE BOND MARKET CORPORATE BONDS CREDIT CONSTRAINT DEBT DECENTRALIZATION DEFICIT SPENDING DEMOGRAPHICS DEPOSIT DEVELOPMENT POLICY DOMESTIC DEBT DOMESTIC DEBT SECURITIES DRIVERS ECONOMIC GROWTH ECONOMIC POLICIES ECONOMIC SECTORS ECONOMICS ECONOMISTS ELECTRICITY EMERGING ECONOMIES EMPIRICAL EVIDENCE EMPLOYMENT GROWTH ENFORCEMENT MECHANISMS ENFORCEMENT OF CONTRACTS ENVIRONMENTAL EQUIPMENT ESCROW EXCHANGE RATE EXISTING WORKFORCE EXPENDITURE EXPORTS EXTREME POVERTY FACTOR MARKETS FINANCIAL CRISIS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL SECTOR FINANCING REQUIREMENT FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICY FISCAL REFORMS FOREIGN INVESTORS FORESTRY GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL INTEREST GOVERNMENT BUDGET GOVERNMENT DEFICIT GOVERNMENT EXPENDITURE GOVERNMENT REVENUES GOVERNMENT SPENDING GRANT ALLOCATION GROWTH POTENTIAL GROWTH RATE GROWTH THEORY HEALTH SPENDING HOUSEHOLD INCOMES HOUSING HUMAN CAPITAL HUMAN RESOURCES INCOME INCOME INEQUALITY INCOME LEVEL INFLATION INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENT INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST PAYMENTS INTEREST RATES INTERGOVERNMENTAL FINANCE INVENTORY INVESTMENT CLIMATE INVESTMENT DECISIONS INVESTMENT FUNDS INVESTMENT REQUIREMENTS INVESTOR PROTECTION ISSUANCE JOB CREATION LABOR COSTS LABOR FORCE LABOR MARKET LABOR MARKET ISSUES LABOR MARKET RIGIDITIES LABOR MOVEMENT LABOR PRODUCTIVITY LABOR UNIONS LAND REFORMS LANDOWNERS LEGAL ENVIRONMENT LEGAL RIGHTS LEGAL SYSTEM LICENSES LIVING STANDARDS LOCAL GOVERNMENTS LOCAL INFRASTRUCTURE MANPOWER MATURITY MATURITY SPECTRUM MINIMUM WAGE MORTALITY MULTIPLIER EFFECTS MUNICIPAL BONDS MUNICIPALITIES NATIONAL GOVERNMENTS NATURAL DISASTER NATURAL DISASTERS NOMINAL WAGES OIL OIL PRICE PENSION PENSION FUND PENSION FUND ASSETS PERVERSE INCENTIVES PHYSICAL ASSETS PHYSICAL SECURITY POLICY RESPONSE PORTS PRICE INCREASES PRICE RISKS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR PRIVATE SECTOR PARTICIPATION PRODUCERS PRODUCT MARKETS PRODUCTIVITY PRODUCTIVITY GROWTH PRODUCTIVITY INCREASES PROPERTY RIGHTS PUBLIC PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SERVICE PUBLIC SPENDING REAL GDP REAL INCOME REGULATORY BARRIERS REGULATORY FRAMEWORK RESOURCE MANAGEMENT RETAINED EARNINGS RETURN REVENUE COLLECTION RISK AVERSION RISK MANAGEMENT RISK PROFILE ROADS SAFETY SAFETY NET SAFETY NETS SAVINGS SECURITIES SETTLEMENT SEVERANCE PAY STRUCTURAL CHANGE SUBNATIONAL GOVERNMENTS TAX TAX EXPENDITURES TAX REFORM TAX REFORMS TAX REVENUES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT TRADE BALANCE TRADE LAWS TRANSPARENCY UNEMPLOYMENT URBAN INFRASTRUCTURE URBANIZATION VALUATION WAGE COUNCILS WAGE INCREASES WAGES WEALTH Within the next two decades Indonesia aspires to generate prosperity, avoid a middle-income trap, and leave no one behind as it tries to catch up with high-income economies. Can Indonesia achieve them? This report argues that the country has the potential to rise and become more prosperous and equitable. But the risk of floating in the middle is real. Which pathway the economy will take depends on: (i) the adoption of a growth strategy that unleashes the productivity potential of the economy; and (ii) consistent implementation of a few, long-standing, high-priority structural reforms to boost growth and share prosperity more widely. Indonesia is fortunate to have options in financing these reforms without threatening its long-term fiscal outlook. The difficulties lie in getting the reforms implemented in a complex institutional and decentralized framework. The report identifies the reforms of institutions and processes that govern the functioning of the state as critical for unleashing the country's development potential. The report provides an analytical underpinning for the Bank's country partnership strategy 2009-14 and shapes the Bank's support to the government's rencana pembangunan jangka menengah nasional (RPJMN) 2010-2014. 2014-08-14T19:59:31Z 2014-08-14T19:59:31Z 2014-03 http://documents.worldbank.org/curated/en/2014/03/19752142/indonesia-avoiding-trap-development-policy-review-2014 http://hdl.handle.net/10986/19326 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Development Policy Review (DPR) Economic & Sector Work East Asia and Pacific Indonesia |