Indonesia Economic Quarterly, October 2011 : Turbulent Times
External events have dominated economic developments for Indonesia over the past quarter. The outlook for global growth has weakened and the euro zone sovereign debt crisis has intensified. International risk aversion and market volatility have inc...
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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/688971468044151158/Indonesia-economic-quarterly-turbulent-times http://hdl.handle.net/10986/26663 |
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okr-10986-26663 |
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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 ASSET PRICE AUCTIONS BAILOUT BALANCE OF PAYMENT BALANCE SHEETS BANKING SECTOR BASIS POINTS BOND INDEX BOND SPREAD BOND YIELD BUDGET DEFICIT CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL INFLOWS CAPITAL OUTFLOWS CASH BALANCES COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY COMMODITY PRICE CONSUMER PRICE INDEX CONSUMPTION EXPENDITURE CORPORATE DEBT CORPORATE TAX CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT GROWTH CREDIT MARKETS CREDIT RISK CURRENT ACCOUNT BALANCE CURRENT ACCOUNT SURPLUS DEBT CRISIS DEBT LEVELS DEBT SERVICE DEPOSIT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISBURSEMENT DOLLAR VALUE DOMESTIC BANKS DOMESTIC BOND DOMESTIC BOND MARKETS DOMESTIC ECONOMY DOMESTIC EQUITY DOMESTIC FINANCIAL MARKETS DOMESTIC GOVERNMENT BONDS DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY INDEX EQUITY MARKET EQUITY MARKET VOLATILITY EQUITY MARKETS EXCHANGE RATE EXPENDITURE EXPORT SHARES EXPOSURE EXTERNAL DEBT FEDERAL RESERVE FINANCIAL FLOWS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FINANCIAL SECTOR FINANCIAL SHOCKS FINANCIAL STABILITY FISCAL CONSOLIDATION FISCAL POLICY FIXED CAPITAL FOOD PRICE FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN PORTFOLIO GLOBAL BOND GLOBAL ECONOMY GLOBAL EQUITY GLOBAL EQUITY MARKETS GLOBAL FINANCIAL MARKET GLOBAL RISK GOVERNMENT BOND GOVERNMENT BOND YIELDS GOVERNMENT DEBT GOVERNMENT REVENUE GOVERNMENT SECURITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE GUARANTEE FUND HOLDING HOUSEHOLD INCOMES INCOME INCOME TAX INFLATION INFLATION EXPECTATIONS INFLATION RATE INFLATIONARY PRESSURES INFORMATION SYSTEM INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INTEREST PAYMENTS INTEREST RATE INTERNATIONAL CREDIT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL FINANCIAL MARKET INTERNATIONAL INVESTOR INTERNATIONAL MARKET INTERNATIONAL PORTFOLIO INTERNATIONAL RESERVES INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTOR CONFIDENCE ISSUANCE ISSUANCE OF GOVERNMENT SECURITIES LABOR MARKET LIQUIDITY LOAN LOCAL CURRENCY MARKET EQUITIES MARKET EXPECTATIONS MARKET INSTABILITY MARKET PRICES MATURITIES MONETARY FUND MONETARY POLICY MONEY MARKET NATURAL RESOURCES NON-PERFORMING LOAN NPL OIL PRICE OPTION CONTRACT OUTSTANDING STOCK POLICY RESPONSE PORTFOLIO PORTFOLIO FLOWS PORTFOLIO INFLOWS PRICE CHANGE PRICE INFLATION PRICE MOVEMENTS PRICE SERIES PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PUBLIC DEBT PUBLIC SPENDING RESERVES RETURN REVOLVING FUND RISK AVERSION RISK MANAGEMENT RISKY ASSETS SAFER ASSETS SECONDARY DEBT SECONDARY DEBT MARKETS SECONDARY MARKET SECONDARY MARKET AUCTIONS SECURITIES ISSUANCE SOVEREIGN BONDS SOVEREIGN DEBT SOVEREIGN RATING TAX TAX BREAKS TRADE BALANCE TRADE FINANCE TRADE FINANCING TRADE SURPLUS TRADE TAX TRADING TRANSFER OF FUNDS TRANSPARENCY TREASURY TREASURY BILL TREASURY YIELD UNCERTAINTY UNEMPLOYMENT RATE WORLD ECONOMY |
| spellingShingle |
ACCOUNTING ASSET PRICE AUCTIONS BAILOUT BALANCE OF PAYMENT BALANCE SHEETS BANKING SECTOR BASIS POINTS BOND INDEX BOND SPREAD BOND YIELD BUDGET DEFICIT CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL INFLOWS CAPITAL OUTFLOWS CASH BALANCES COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY COMMODITY PRICE CONSUMER PRICE INDEX CONSUMPTION EXPENDITURE CORPORATE DEBT CORPORATE TAX CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT GROWTH CREDIT MARKETS CREDIT RISK CURRENT ACCOUNT BALANCE CURRENT ACCOUNT SURPLUS DEBT CRISIS DEBT LEVELS DEBT SERVICE DEPOSIT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISBURSEMENT DOLLAR VALUE DOMESTIC BANKS DOMESTIC BOND DOMESTIC BOND MARKETS DOMESTIC ECONOMY DOMESTIC EQUITY DOMESTIC FINANCIAL MARKETS DOMESTIC GOVERNMENT BONDS DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY INDEX EQUITY MARKET EQUITY MARKET VOLATILITY EQUITY MARKETS EXCHANGE RATE EXPENDITURE EXPORT SHARES EXPOSURE EXTERNAL DEBT FEDERAL RESERVE FINANCIAL FLOWS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FINANCIAL SECTOR FINANCIAL SHOCKS FINANCIAL STABILITY FISCAL CONSOLIDATION FISCAL POLICY FIXED CAPITAL FOOD PRICE FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN PORTFOLIO GLOBAL BOND GLOBAL ECONOMY GLOBAL EQUITY GLOBAL EQUITY MARKETS GLOBAL FINANCIAL MARKET GLOBAL RISK GOVERNMENT BOND GOVERNMENT BOND YIELDS GOVERNMENT DEBT GOVERNMENT REVENUE GOVERNMENT SECURITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE GUARANTEE FUND HOLDING HOUSEHOLD INCOMES INCOME INCOME TAX INFLATION INFLATION EXPECTATIONS INFLATION RATE INFLATIONARY PRESSURES INFORMATION SYSTEM INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INTEREST PAYMENTS INTEREST RATE INTERNATIONAL CREDIT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL FINANCIAL MARKET INTERNATIONAL INVESTOR INTERNATIONAL MARKET INTERNATIONAL PORTFOLIO INTERNATIONAL RESERVES INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTOR CONFIDENCE ISSUANCE ISSUANCE OF GOVERNMENT SECURITIES LABOR MARKET LIQUIDITY LOAN LOCAL CURRENCY MARKET EQUITIES MARKET EXPECTATIONS MARKET INSTABILITY MARKET PRICES MATURITIES MONETARY FUND MONETARY POLICY MONEY MARKET NATURAL RESOURCES NON-PERFORMING LOAN NPL OIL PRICE OPTION CONTRACT OUTSTANDING STOCK POLICY RESPONSE PORTFOLIO PORTFOLIO FLOWS PORTFOLIO INFLOWS PRICE CHANGE PRICE INFLATION PRICE MOVEMENTS PRICE SERIES PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PUBLIC DEBT PUBLIC SPENDING RESERVES RETURN REVOLVING FUND RISK AVERSION RISK MANAGEMENT RISKY ASSETS SAFER ASSETS SECONDARY DEBT SECONDARY DEBT MARKETS SECONDARY MARKET SECONDARY MARKET AUCTIONS SECURITIES ISSUANCE SOVEREIGN BONDS SOVEREIGN DEBT SOVEREIGN RATING TAX TAX BREAKS TRADE BALANCE TRADE FINANCE TRADE FINANCING TRADE SURPLUS TRADE TAX TRADING TRANSFER OF FUNDS TRANSPARENCY TREASURY TREASURY BILL TREASURY YIELD UNCERTAINTY UNEMPLOYMENT RATE WORLD ECONOMY World Bank Indonesia Economic Quarterly, October 2011 : Turbulent Times |
| geographic_facet |
East Asia and Pacific Indonesia |
| description |
External events have dominated economic
developments for Indonesia over the past quarter. The
outlook for global growth has weakened and the euro zone
sovereign debt crisis has intensified. International risk
aversion and market volatility have increased, although they
remain well below levels seen in late 2008. Equity markets
have fallen and emerging markets have seen capital outflows,
putting downward pressure on their currencies.
Indonesia's domestic economic performance has continued
to be strong but, as in other countries in the region, its
financial markets have not been immune from this turbulence.
Indonesia's domestic drivers of growth, its solid
fiscal position, accumulation of reserves, and strengthened
financial sector performance make it relatively well-placed
to deal with shocks arising from the above scenarios. This
improved resilience to external shocks, and a strong policy
response, was seen during the 2008- 09 crisis. The final
piece looks at the core development challenge of how to make
growth more inclusive, as well as higher, focusing on an
analysis of the province of East java. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Indonesia Economic Quarterly, October 2011 : Turbulent Times |
| title_short |
Indonesia Economic Quarterly, October 2011 : Turbulent Times |
| title_full |
Indonesia Economic Quarterly, October 2011 : Turbulent Times |
| title_fullStr |
Indonesia Economic Quarterly, October 2011 : Turbulent Times |
| title_full_unstemmed |
Indonesia Economic Quarterly, October 2011 : Turbulent Times |
| title_sort |
indonesia economic quarterly, october 2011 : turbulent times |
| publisher |
World Bank, Jakarta |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/688971468044151158/Indonesia-economic-quarterly-turbulent-times http://hdl.handle.net/10986/26663 |
| _version_ |
1764462470744768512 |
| spelling |
okr-10986-266632021-04-23T14:04:37Z Indonesia Economic Quarterly, October 2011 : Turbulent Times World Bank ACCOUNTING ASSET PRICE AUCTIONS BAILOUT BALANCE OF PAYMENT BALANCE SHEETS BANKING SECTOR BASIS POINTS BOND INDEX BOND SPREAD BOND YIELD BUDGET DEFICIT CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL INFLOWS CAPITAL OUTFLOWS CASH BALANCES COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY COMMODITY PRICE CONSUMER PRICE INDEX CONSUMPTION EXPENDITURE CORPORATE DEBT CORPORATE TAX CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT GROWTH CREDIT MARKETS CREDIT RISK CURRENT ACCOUNT BALANCE CURRENT ACCOUNT SURPLUS DEBT CRISIS DEBT LEVELS DEBT SERVICE DEPOSIT DEVELOPING COUNTRIES DEVELOPING ECONOMIES DISBURSEMENT DOLLAR VALUE DOMESTIC BANKS DOMESTIC BOND DOMESTIC BOND MARKETS DOMESTIC ECONOMY DOMESTIC EQUITY DOMESTIC FINANCIAL MARKETS DOMESTIC GOVERNMENT BONDS DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY INDEX EQUITY MARKET EQUITY MARKET VOLATILITY EQUITY MARKETS EXCHANGE RATE EXPENDITURE EXPORT SHARES EXPOSURE EXTERNAL DEBT FEDERAL RESERVE FINANCIAL FLOWS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FINANCIAL SECTOR FINANCIAL SHOCKS FINANCIAL STABILITY FISCAL CONSOLIDATION FISCAL POLICY FIXED CAPITAL FOOD PRICE FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN PORTFOLIO GLOBAL BOND GLOBAL ECONOMY GLOBAL EQUITY GLOBAL EQUITY MARKETS GLOBAL FINANCIAL MARKET GLOBAL RISK GOVERNMENT BOND GOVERNMENT BOND YIELDS GOVERNMENT DEBT GOVERNMENT REVENUE GOVERNMENT SECURITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE GUARANTEE FUND HOLDING HOUSEHOLD INCOMES INCOME INCOME TAX INFLATION INFLATION EXPECTATIONS INFLATION RATE INFLATIONARY PRESSURES INFORMATION SYSTEM INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENT INTEREST PAYMENTS INTEREST RATE INTERNATIONAL CREDIT INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL FINANCIAL MARKET INTERNATIONAL INVESTOR INTERNATIONAL MARKET INTERNATIONAL PORTFOLIO INTERNATIONAL RESERVES INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTOR CONFIDENCE ISSUANCE ISSUANCE OF GOVERNMENT SECURITIES LABOR MARKET LIQUIDITY LOAN LOCAL CURRENCY MARKET EQUITIES MARKET EXPECTATIONS MARKET INSTABILITY MARKET PRICES MATURITIES MONETARY FUND MONETARY POLICY MONEY MARKET NATURAL RESOURCES NON-PERFORMING LOAN NPL OIL PRICE OPTION CONTRACT OUTSTANDING STOCK POLICY RESPONSE PORTFOLIO PORTFOLIO FLOWS PORTFOLIO INFLOWS PRICE CHANGE PRICE INFLATION PRICE MOVEMENTS PRICE SERIES PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PUBLIC DEBT PUBLIC SPENDING RESERVES RETURN REVOLVING FUND RISK AVERSION RISK MANAGEMENT RISKY ASSETS SAFER ASSETS SECONDARY DEBT SECONDARY DEBT MARKETS SECONDARY MARKET SECONDARY MARKET AUCTIONS SECURITIES ISSUANCE SOVEREIGN BONDS SOVEREIGN DEBT SOVEREIGN RATING TAX TAX BREAKS TRADE BALANCE TRADE FINANCE TRADE FINANCING TRADE SURPLUS TRADE TAX TRADING TRANSFER OF FUNDS TRANSPARENCY TREASURY TREASURY BILL TREASURY YIELD UNCERTAINTY UNEMPLOYMENT RATE WORLD ECONOMY External events have dominated economic developments for Indonesia over the past quarter. The outlook for global growth has weakened and the euro zone sovereign debt crisis has intensified. International risk aversion and market volatility have increased, although they remain well below levels seen in late 2008. Equity markets have fallen and emerging markets have seen capital outflows, putting downward pressure on their currencies. Indonesia's domestic economic performance has continued to be strong but, as in other countries in the region, its financial markets have not been immune from this turbulence. Indonesia's domestic drivers of growth, its solid fiscal position, accumulation of reserves, and strengthened financial sector performance make it relatively well-placed to deal with shocks arising from the above scenarios. This improved resilience to external shocks, and a strong policy response, was seen during the 2008- 09 crisis. The final piece looks at the core development challenge of how to make growth more inclusive, as well as higher, focusing on an analysis of the province of East java. 2017-05-19T15:29:31Z 2017-05-19T15:29:31Z 2011-10 Report http://documents.worldbank.org/curated/en/688971468044151158/Indonesia-economic-quarterly-turbulent-times http://hdl.handle.net/10986/26663 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 |