Indonesia Economic Quarterly, October 2012 : Maintaining Resilience
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...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Jakarta
2017
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| Online Access: | http://documents.worldbank.org/curated/en/126161468039867259/Indonesia-economic-quarterly-maintaining-resilience http://hdl.handle.net/10986/26645 |
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okr-10986-26645 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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ACCOUNTING ADVERSE SHOCKS ASSET PRICE BALANCE OF PAYMENT BALANCE SHEETS BANK SUPERVISION BANKING SECTOR BASIS POINTS BENCHMARK YIELD BENEFICIARIES BILL BOND INDEX BOND ISSUE BOND MARKET BOND PRICES BONDS BUDGET DEFICIT CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL GOODS CAPITAL GOODS IMPORTS CAPITAL INFLOWS CAPITAL INVESTMENT CAPITAL MARKETS CAPITAL STOCK CASH BALANCES CASH TRANSFER CENTRAL BANK CLARITY COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY MARKET COMMODITY PRICE COMPETITIVENESS CONSENSUS FORECASTS CONSUMER CREDIT CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CONSUMPTION EXPENDITURE CONSUMPTION GROWTH CORE INFLATION CORPORATE BOND CORPORATE BOND ISSUANCE CREDIT GROWTH CREDIT QUALITY CURRENCY DEPRECIATION CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT DEBT SECURITIES DEBT STOCK DEFICIT FINANCING DEFICITS DEPOSITS DEVELOPING COUNTRY DISBURSEMENT DISTORTIONS DOMESTIC CAPITAL DOMESTIC DEMAND DOMESTIC DEMAND GROWTH DOMESTIC ECONOMY DOMESTIC SAVINGS DOWNSIDE SCENARIOS DOWNWARD PRESSURE DRAG ON GROWTH ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET DEBT EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY HOLDINGS EQUITY INDEX EQUITY MARKETS EXCHANGE RATE EXPENDITURES EXPORT EARNINGS EXPORT GROWTH EXPORT PERFORMANCE EXPORT SHARE EXPORTERS EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL DEBT EXTERNAL DEMAND FEDERAL RESERVE FINANCIAL ASSET FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FISCAL DEFICIT FISCAL POLICY FISCAL POSITION FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN INVESTMENT GLOBAL BOND GLOBAL DEMAND GLOBAL ECONOMY GLOBAL SLOWDOWN GOVERNMENT BOND GOVERNMENT BOND YIELD GOVERNMENT DEBT GOVERNMENT FINANCING GOVERNMENT INVESTMENT GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKET GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH PERFORMANCE GROWTH RATES HOLDING IMPORT IMPORT DEMAND IMPORT GROWTH IMPORT PRICES INCOME TAX INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST PAYMENTS INTERNATIONAL BANK INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL MARKET INTERNATIONAL PORTFOLIO INVENTORY INVESTMENT DEMAND INVESTMENT FLOWS INVESTMENT INFLOWS INVESTMENT LEVELS INVESTMENT LOANS INVESTMENT POLICY INVESTMENT RATIO INVESTMENT REGULATION INVESTMENT SPENDING INVESTOR CONFIDENCE LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL CURRENCY LOCAL GOVERNMENT MARKET CONDITIONS MONETARY EXPANSION MONETARY POLICY MONETARY TRANSACTIONS NON-PERFORMING LOANS OIL PRICE OPPORTUNITY COST POLICY RESPONSE POLITICAL UNCERTAINTY PORTFOLIO PORTFOLIO CAPITAL PORTFOLIO INFLOWS PORTFOLIO INVESTMENT PRICE INDICES PRICE MOVEMENTS PRIVATE CONSUMPTION PRIVATE DEBT PUBLIC INVESTMENT PUBLIC SPENDING RAPID GROWTH REAL EXPORTS RECESSION RESERVES RETURN RETURN ON ASSETS SECONDARY MARKET SLOWDOWN SOVEREIGN BOND SOVEREIGN BOND MARKETS STRUCTURAL REFORMS SUPPLY-SIDE SURPLUS SUSTAINABLE GROWTH RATE TAX TOTAL INVESTMENT TRADE BALANCE TRADE DATA TRADE SURPLUS TRADING TRADING PARTNER TRADING PARTNERS TREASURIES TREASURY UNCERTAINTIES UNEMPLOYMENT RATE WORKING CAPITAL |
| spellingShingle |
ACCOUNTING ADVERSE SHOCKS ASSET PRICE BALANCE OF PAYMENT BALANCE SHEETS BANK SUPERVISION BANKING SECTOR BASIS POINTS BENCHMARK YIELD BENEFICIARIES BILL BOND INDEX BOND ISSUE BOND MARKET BOND PRICES BONDS BUDGET DEFICIT CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL GOODS CAPITAL GOODS IMPORTS CAPITAL INFLOWS CAPITAL INVESTMENT CAPITAL MARKETS CAPITAL STOCK CASH BALANCES CASH TRANSFER CENTRAL BANK CLARITY COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY MARKET COMMODITY PRICE COMPETITIVENESS CONSENSUS FORECASTS CONSUMER CREDIT CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CONSUMPTION EXPENDITURE CONSUMPTION GROWTH CORE INFLATION CORPORATE BOND CORPORATE BOND ISSUANCE CREDIT GROWTH CREDIT QUALITY CURRENCY DEPRECIATION CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT DEBT SECURITIES DEBT STOCK DEFICIT FINANCING DEFICITS DEPOSITS DEVELOPING COUNTRY DISBURSEMENT DISTORTIONS DOMESTIC CAPITAL DOMESTIC DEMAND DOMESTIC DEMAND GROWTH DOMESTIC ECONOMY DOMESTIC SAVINGS DOWNSIDE SCENARIOS DOWNWARD PRESSURE DRAG ON GROWTH ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET DEBT EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY HOLDINGS EQUITY INDEX EQUITY MARKETS EXCHANGE RATE EXPENDITURES EXPORT EARNINGS EXPORT GROWTH EXPORT PERFORMANCE EXPORT SHARE EXPORTERS EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL DEBT EXTERNAL DEMAND FEDERAL RESERVE FINANCIAL ASSET FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FISCAL DEFICIT FISCAL POLICY FISCAL POSITION FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN INVESTMENT GLOBAL BOND GLOBAL DEMAND GLOBAL ECONOMY GLOBAL SLOWDOWN GOVERNMENT BOND GOVERNMENT BOND YIELD GOVERNMENT DEBT GOVERNMENT FINANCING GOVERNMENT INVESTMENT GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKET GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH PERFORMANCE GROWTH RATES HOLDING IMPORT IMPORT DEMAND IMPORT GROWTH IMPORT PRICES INCOME TAX INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST PAYMENTS INTERNATIONAL BANK INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL MARKET INTERNATIONAL PORTFOLIO INVENTORY INVESTMENT DEMAND INVESTMENT FLOWS INVESTMENT INFLOWS INVESTMENT LEVELS INVESTMENT LOANS INVESTMENT POLICY INVESTMENT RATIO INVESTMENT REGULATION INVESTMENT SPENDING INVESTOR CONFIDENCE LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL CURRENCY LOCAL GOVERNMENT MARKET CONDITIONS MONETARY EXPANSION MONETARY POLICY MONETARY TRANSACTIONS NON-PERFORMING LOANS OIL PRICE OPPORTUNITY COST POLICY RESPONSE POLITICAL UNCERTAINTY PORTFOLIO PORTFOLIO CAPITAL PORTFOLIO INFLOWS PORTFOLIO INVESTMENT PRICE INDICES PRICE MOVEMENTS PRIVATE CONSUMPTION PRIVATE DEBT PUBLIC INVESTMENT PUBLIC SPENDING RAPID GROWTH REAL EXPORTS RECESSION RESERVES RETURN RETURN ON ASSETS SECONDARY MARKET SLOWDOWN SOVEREIGN BOND SOVEREIGN BOND MARKETS STRUCTURAL REFORMS SUPPLY-SIDE SURPLUS SUSTAINABLE GROWTH RATE TAX TOTAL INVESTMENT TRADE BALANCE TRADE DATA TRADE SURPLUS TRADING TRADING PARTNER TRADING PARTNERS TREASURIES TREASURY UNCERTAINTIES UNEMPLOYMENT RATE WORKING CAPITAL World Bank Indonesia Economic Quarterly, October 2012 : Maintaining Resilience |
| geographic_facet |
East Asia and Pacific Indonesia |
| description |
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. Indonesia's economic growth has so far
remained resilient to the weakness in the global economy.
Amidst a still uncertain outlook, Indonesia will need to
prepare itself for the potential consequences of
China's slowdown and additional falls in commodity
prices, and for the possibility of renewed turbulence in
financial and commodity markets. Continuing to strengthen
the policy framework to deal with shocks and building
economic resilience through improvements in the quality of
spending and in the regulatory environment will be key to
maintaining, and improving further, Indonesia's strong
recent growth performance. Progress towards these goals
could be tested as the 2014 election year approaches.
Indonesia's economy maintained its robust pace of
growth in the second quarter of 2012, expanding by 6.4
percent year-on-year, up slightly from 6.3 percent in the
first quarter. Buoyant private consumption continued to lift
domestic demand, and investment spending also increased
strongly. Despite the rapid pace of economic activity,
consumer price inflation has remained moderate to date.
Headline CPI inflation fell back to 4.3 percent year-on-year
in September after edging up to 4.6 percent in August, when
it was pulled higher temporarily by the Idul Fitri holidays.
Core inflation has remained stable, just above 4 percent.
Indonesia's current account moved further into deficit
in the second quarter of 2012. Structurally, the trend
towards current account deficits reflects consistently
strong domestic investment relative to the level of domestic
savings. The slowdown in exports over 2012, alongside
generally strong import demand, has seen the large goods
trade balance surpluses of recent years narrow and this,
coupled with consistent net outflows in the income and
services sub-accounts, moved the overall current account
into a deficit of 3.1 percent of gross domestic product
(GDP) in the second quarter of 2012. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Indonesia Economic Quarterly, October 2012 : Maintaining Resilience |
| title_short |
Indonesia Economic Quarterly, October 2012 : Maintaining Resilience |
| title_full |
Indonesia Economic Quarterly, October 2012 : Maintaining Resilience |
| title_fullStr |
Indonesia Economic Quarterly, October 2012 : Maintaining Resilience |
| title_full_unstemmed |
Indonesia Economic Quarterly, October 2012 : Maintaining Resilience |
| title_sort |
indonesia economic quarterly, october 2012 : maintaining resilience |
| publisher |
World Bank, Jakarta |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/126161468039867259/Indonesia-economic-quarterly-maintaining-resilience http://hdl.handle.net/10986/26645 |
| _version_ |
1764462440016248832 |
| spelling |
okr-10986-266452021-04-23T14:04:37Z Indonesia Economic Quarterly, October 2012 : Maintaining Resilience World Bank ACCOUNTING ADVERSE SHOCKS ASSET PRICE BALANCE OF PAYMENT BALANCE SHEETS BANK SUPERVISION BANKING SECTOR BASIS POINTS BENCHMARK YIELD BENEFICIARIES BILL BOND INDEX BOND ISSUE BOND MARKET BOND PRICES BONDS BUDGET DEFICIT CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL GOODS CAPITAL GOODS IMPORTS CAPITAL INFLOWS CAPITAL INVESTMENT CAPITAL MARKETS CAPITAL STOCK CASH BALANCES CASH TRANSFER CENTRAL BANK CLARITY COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY MARKET COMMODITY PRICE COMPETITIVENESS CONSENSUS FORECASTS CONSUMER CREDIT CONSUMER PRICE INDEX CONSUMER PRICE INFLATION CONSUMPTION EXPENDITURE CONSUMPTION GROWTH CORE INFLATION CORPORATE BOND CORPORATE BOND ISSUANCE CREDIT GROWTH CREDIT QUALITY CURRENCY DEPRECIATION CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT DEBT SECURITIES DEBT STOCK DEFICIT FINANCING DEFICITS DEPOSITS DEVELOPING COUNTRY DISBURSEMENT DISTORTIONS DOMESTIC CAPITAL DOMESTIC DEMAND DOMESTIC DEMAND GROWTH DOMESTIC ECONOMY DOMESTIC SAVINGS DOWNSIDE SCENARIOS DOWNWARD PRESSURE DRAG ON GROWTH ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET DEBT EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY HOLDINGS EQUITY INDEX EQUITY MARKETS EXCHANGE RATE EXPENDITURES EXPORT EARNINGS EXPORT GROWTH EXPORT PERFORMANCE EXPORT SHARE EXPORTERS EXTERNAL BALANCES EXTERNAL BORROWING EXTERNAL DEBT EXTERNAL DEMAND FEDERAL RESERVE FINANCIAL ASSET FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FISCAL DEFICIT FISCAL POLICY FISCAL POSITION FIXED CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKET FOREIGN INVESTMENT GLOBAL BOND GLOBAL DEMAND GLOBAL ECONOMY GLOBAL SLOWDOWN GOVERNMENT BOND GOVERNMENT BOND YIELD GOVERNMENT DEBT GOVERNMENT FINANCING GOVERNMENT INVESTMENT GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKET GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH PERFORMANCE GROWTH RATES HOLDING IMPORT IMPORT DEMAND IMPORT GROWTH IMPORT PRICES INCOME TAX INFLATION INFLATION RATE INFLATIONARY PRESSURES INSURANCE INTEREST PAYMENTS INTERNATIONAL BANK INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL MARKET INTERNATIONAL PORTFOLIO INVENTORY INVESTMENT DEMAND INVESTMENT FLOWS INVESTMENT INFLOWS INVESTMENT LEVELS INVESTMENT LOANS INVESTMENT POLICY INVESTMENT RATIO INVESTMENT REGULATION INVESTMENT SPENDING INVESTOR CONFIDENCE LIQUIDITY LIQUIDITY MANAGEMENT LOAN LOCAL CURRENCY LOCAL GOVERNMENT MARKET CONDITIONS MONETARY EXPANSION MONETARY POLICY MONETARY TRANSACTIONS NON-PERFORMING LOANS OIL PRICE OPPORTUNITY COST POLICY RESPONSE POLITICAL UNCERTAINTY PORTFOLIO PORTFOLIO CAPITAL PORTFOLIO INFLOWS PORTFOLIO INVESTMENT PRICE INDICES PRICE MOVEMENTS PRIVATE CONSUMPTION PRIVATE DEBT PUBLIC INVESTMENT PUBLIC SPENDING RAPID GROWTH REAL EXPORTS RECESSION RESERVES RETURN RETURN ON ASSETS SECONDARY MARKET SLOWDOWN SOVEREIGN BOND SOVEREIGN BOND MARKETS STRUCTURAL REFORMS SUPPLY-SIDE SURPLUS SUSTAINABLE GROWTH RATE TAX TOTAL INVESTMENT TRADE BALANCE TRADE DATA TRADE SURPLUS TRADING TRADING PARTNER TRADING PARTNERS TREASURIES TREASURY UNCERTAINTIES UNEMPLOYMENT RATE WORKING CAPITAL 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. Indonesia's economic growth has so far remained resilient to the weakness in the global economy. Amidst a still uncertain outlook, Indonesia will need to prepare itself for the potential consequences of China's slowdown and additional falls in commodity prices, and for the possibility of renewed turbulence in financial and commodity markets. Continuing to strengthen the policy framework to deal with shocks and building economic resilience through improvements in the quality of spending and in the regulatory environment will be key to maintaining, and improving further, Indonesia's strong recent growth performance. Progress towards these goals could be tested as the 2014 election year approaches. Indonesia's economy maintained its robust pace of growth in the second quarter of 2012, expanding by 6.4 percent year-on-year, up slightly from 6.3 percent in the first quarter. Buoyant private consumption continued to lift domestic demand, and investment spending also increased strongly. Despite the rapid pace of economic activity, consumer price inflation has remained moderate to date. Headline CPI inflation fell back to 4.3 percent year-on-year in September after edging up to 4.6 percent in August, when it was pulled higher temporarily by the Idul Fitri holidays. Core inflation has remained stable, just above 4 percent. Indonesia's current account moved further into deficit in the second quarter of 2012. Structurally, the trend towards current account deficits reflects consistently strong domestic investment relative to the level of domestic savings. The slowdown in exports over 2012, alongside generally strong import demand, has seen the large goods trade balance surpluses of recent years narrow and this, coupled with consistent net outflows in the income and services sub-accounts, moved the overall current account into a deficit of 3.1 percent of gross domestic product (GDP) in the second quarter of 2012. 2017-05-17T21:25:33Z 2017-05-17T21:25:33Z 2012-10 Report http://documents.worldbank.org/curated/en/126161468039867259/Indonesia-economic-quarterly-maintaining-resilience http://hdl.handle.net/10986/26645 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Jakarta Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Indonesia |