Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience

International financial markets remain turbulent, dominated by the political and economic challenges of the Euro zone debt crisis and signs of weakening global growth. However, to date, although portfolio outflows have been seen, Indonesia's d...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Jakarta 2017
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/820061468253869189/Indonesia-economic-quarterly-enhancing-preparedness-ensuring-resilience
http://hdl.handle.net/10986/26667
id okr-10986-26667
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 AMORTIZATIONS
AUCTION
BALANCE OF PAYMENT
BANK SUPERVISION
BANKING SECTOR
BASIS POINT
BENEFICIARIES
BENEFICIARY
BOND FINANCING
BOND INDEX
BOND PRICES
BOND SPREAD
BROKER
BUDGET DEFICIT
BUDGETING
BUY BACKS
CAPACITY CONSTRAINTS
CAPITAL ADEQUACY
CAPITAL FLOWS
CAPITAL FORMATION
CAPITAL INFLOWS
CAPITAL MARKETS
CAPITAL OUTFLOWS
CASH BALANCES
CASH TRANSFER
CENTRAL BANK
COMMERCIAL BANK
COMMERCIAL BANK LENDING
COMMODITY
COMMODITY PRICE
CONSUMER LOANS
CONSUMER PRICE INDEX
CONSUMPTION EXPENDITURE
COST OF FUNDS
CREDIT CARD
CURRENT ACCOUNT BALANCE
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT SURPLUS
DEBT CRISIS
DEBT LEVELS
DEBT MANAGEMENT
DEPOSIT
DEPOSIT INSURANCE
DEVELOPING ECONOMIES
DISBURSEMENT
DOMESTIC ECONOMY
DOMESTIC FINANCIAL MARKETS
DOMESTIC INFLATION
DOMESTIC LIQUIDITY
DOMESTIC MARKET
DOMESTIC SECURITIES
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EMERGING ECONOMIES
EMERGING MARKET
EMERGING MARKET BOND
EMERGING MARKET ECONOMIES
EMERGING MARKET EQUITIES
EQUIPMENT
EQUITIES
EQUITY INDEX
EQUITY MARKET
EQUITY PRICES
EXCHANGE RATE
EXPENDITURE
EXPORT GROWTH
EXTERNAL DEBT
EXTERNAL FINANCING
FEDERAL RESERVE
FINANCIAL CRISIS
FINANCIAL DEVELOPMENTS
FINANCIAL FLOWS
FINANCIAL INFLOWS
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL MARKET PARTICIPANTS
FINANCIAL SECTOR
FINANCIAL SECTOR SAFETY NET
FINANCIAL SERVICE
FINANCIAL SHOCKS
FINANCIAL SYSTEM
FINANCIAL SYSTEM STABILITY
FISCAL CONSOLIDATION
FISCAL DEFICIT
FISCAL POLICY
FIXED CAPITAL
FIXED INCOME
FIXED INCOME SECURITIES
FOOD PRICE
FOREIGN CURRENCY
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FOREIGN INVESTORS
FUTURE GROWTH
GLOBAL ECONOMIC PROSPECTS
GLOBAL ECONOMY
GLOBAL FINANCIAL MARKET
GLOBAL MARKET
GLOBAL RISK
GOVERNMENT BOND
GOVERNMENT BOND YIELD
GOVERNMENT DEBT
GOVERNMENT FINANCING
GOVERNMENT REVENUE
GOVERNMENT SECURITIES
GOVERNMENT SPENDING
GROSS DOMESTIC PRODUCT
GROWTH IN TRADE
HOLDINGS
HOLDINGS OF BANK
HUMAN CAPITAL
HUMAN RESOURCES
INCOME TAX
INFLATION
INFLATION RATE
INFLATIONARY EXPECTATIONS
INFLATIONARY PRESSURES
INFRASTRUCTURE DEVELOPMENT
INSTITUTIONAL ENVIRONMENT
INSURANCE
INSURANCE CORPORATION
INSURANCE REFORM
INTEREST PAYMENTS
INTEREST RATE
INTERNATIONAL DEVELOPMENTS
INTERNATIONAL EQUITY
INTERNATIONAL FINANCIAL CRISIS
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL FINANCIAL MARKET
INTERNATIONAL MARKET
INTERNATIONAL TRADE
INVESTMENT CLIMATE
INVESTMENT CLIMATE REFORMS
INVESTMENT DECISIONS
INVESTMENT INCOME
INVESTMENT LOANS
INVESTOR CONFIDENCE
JOB CREATION
LABOR MARKET
LIFE INSURANCE
LIQUIDITY
LOAN
LOCAL CURRENCY
MARKET CONDITIONS
MARKET DATA
MARKET DEVELOPMENTS
MARKETABLE SECURITIES
MATURITY
MONETARY FUND
MONETARY POLICY
NON-PERFORMING LOAN
OIL PRICE
OUTPUT
PAYMENT FLOWS
POLICY RESPONSE
PORTFOLIO
PORTFOLIO CAPITAL
PORTFOLIO FLOWS
PORTFOLIO INFLOWS
PORTFOLIO INVESTMENT
PRICE MOVEMENTS
PRICE SERIES
PRUDENTIAL SUPERVISION
REGULATORY STRUCTURE
REPAYMENTS
RESERVE REQUIREMENTS
RESERVES
RETURN
RETURN ON ASSETS
RISK AVERSION
SAFETY NET
SECURITIES ISSUANCE
SECURITY STRUCTURE
SHORT-TERM EXTERNAL DEBT
SOVEREIGN BOND
SUKUK
SUPERVISORY AUTHORITY
SWAP
TAX
TEMPORARY FINANCING
TRADE BALANCE
TRADE CREDIT
TRADE FINANCING
TRADING
TREASURY
TREASURY BILL
UNEMPLOYMENT RATE
WORKING CAPITAL
spellingShingle AMORTIZATIONS
AUCTION
BALANCE OF PAYMENT
BANK SUPERVISION
BANKING SECTOR
BASIS POINT
BENEFICIARIES
BENEFICIARY
BOND FINANCING
BOND INDEX
BOND PRICES
BOND SPREAD
BROKER
BUDGET DEFICIT
BUDGETING
BUY BACKS
CAPACITY CONSTRAINTS
CAPITAL ADEQUACY
CAPITAL FLOWS
CAPITAL FORMATION
CAPITAL INFLOWS
CAPITAL MARKETS
CAPITAL OUTFLOWS
CASH BALANCES
CASH TRANSFER
CENTRAL BANK
COMMERCIAL BANK
COMMERCIAL BANK LENDING
COMMODITY
COMMODITY PRICE
CONSUMER LOANS
CONSUMER PRICE INDEX
CONSUMPTION EXPENDITURE
COST OF FUNDS
CREDIT CARD
CURRENT ACCOUNT BALANCE
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT SURPLUS
DEBT CRISIS
DEBT LEVELS
DEBT MANAGEMENT
DEPOSIT
DEPOSIT INSURANCE
DEVELOPING ECONOMIES
DISBURSEMENT
DOMESTIC ECONOMY
DOMESTIC FINANCIAL MARKETS
DOMESTIC INFLATION
DOMESTIC LIQUIDITY
DOMESTIC MARKET
DOMESTIC SECURITIES
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EMERGING ECONOMIES
EMERGING MARKET
EMERGING MARKET BOND
EMERGING MARKET ECONOMIES
EMERGING MARKET EQUITIES
EQUIPMENT
EQUITIES
EQUITY INDEX
EQUITY MARKET
EQUITY PRICES
EXCHANGE RATE
EXPENDITURE
EXPORT GROWTH
EXTERNAL DEBT
EXTERNAL FINANCING
FEDERAL RESERVE
FINANCIAL CRISIS
FINANCIAL DEVELOPMENTS
FINANCIAL FLOWS
FINANCIAL INFLOWS
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT
FINANCIAL MARKET
FINANCIAL MARKET PARTICIPANTS
FINANCIAL SECTOR
FINANCIAL SECTOR SAFETY NET
FINANCIAL SERVICE
FINANCIAL SHOCKS
FINANCIAL SYSTEM
FINANCIAL SYSTEM STABILITY
FISCAL CONSOLIDATION
FISCAL DEFICIT
FISCAL POLICY
FIXED CAPITAL
FIXED INCOME
FIXED INCOME SECURITIES
FOOD PRICE
FOREIGN CURRENCY
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FOREIGN INVESTORS
FUTURE GROWTH
GLOBAL ECONOMIC PROSPECTS
GLOBAL ECONOMY
GLOBAL FINANCIAL MARKET
GLOBAL MARKET
GLOBAL RISK
GOVERNMENT BOND
GOVERNMENT BOND YIELD
GOVERNMENT DEBT
GOVERNMENT FINANCING
GOVERNMENT REVENUE
GOVERNMENT SECURITIES
GOVERNMENT SPENDING
GROSS DOMESTIC PRODUCT
GROWTH IN TRADE
HOLDINGS
HOLDINGS OF BANK
HUMAN CAPITAL
HUMAN RESOURCES
INCOME TAX
INFLATION
INFLATION RATE
INFLATIONARY EXPECTATIONS
INFLATIONARY PRESSURES
INFRASTRUCTURE DEVELOPMENT
INSTITUTIONAL ENVIRONMENT
INSURANCE
INSURANCE CORPORATION
INSURANCE REFORM
INTEREST PAYMENTS
INTEREST RATE
INTERNATIONAL DEVELOPMENTS
INTERNATIONAL EQUITY
INTERNATIONAL FINANCIAL CRISIS
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERNATIONAL FINANCIAL MARKET
INTERNATIONAL MARKET
INTERNATIONAL TRADE
INVESTMENT CLIMATE
INVESTMENT CLIMATE REFORMS
INVESTMENT DECISIONS
INVESTMENT INCOME
INVESTMENT LOANS
INVESTOR CONFIDENCE
JOB CREATION
LABOR MARKET
LIFE INSURANCE
LIQUIDITY
LOAN
LOCAL CURRENCY
MARKET CONDITIONS
MARKET DATA
MARKET DEVELOPMENTS
MARKETABLE SECURITIES
MATURITY
MONETARY FUND
MONETARY POLICY
NON-PERFORMING LOAN
OIL PRICE
OUTPUT
PAYMENT FLOWS
POLICY RESPONSE
PORTFOLIO
PORTFOLIO CAPITAL
PORTFOLIO FLOWS
PORTFOLIO INFLOWS
PORTFOLIO INVESTMENT
PRICE MOVEMENTS
PRICE SERIES
PRUDENTIAL SUPERVISION
REGULATORY STRUCTURE
REPAYMENTS
RESERVE REQUIREMENTS
RESERVES
RETURN
RETURN ON ASSETS
RISK AVERSION
SAFETY NET
SECURITIES ISSUANCE
SECURITY STRUCTURE
SHORT-TERM EXTERNAL DEBT
SOVEREIGN BOND
SUKUK
SUPERVISORY AUTHORITY
SWAP
TAX
TEMPORARY FINANCING
TRADE BALANCE
TRADE CREDIT
TRADE FINANCING
TRADING
TREASURY
TREASURY BILL
UNEMPLOYMENT RATE
WORKING CAPITAL
World Bank
Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience
geographic_facet East Asia and Pacific
Indonesia
description International financial markets remain turbulent, dominated by the political and economic challenges of the Euro zone debt crisis and signs of weakening global growth. However, to date, although portfolio outflows have been seen, Indonesia's domestic economy continues to perform strongly. The economy remains relatively well-positioned to weather future external shocks and steps have been taken to improve crisis preparedness, for example, by increasing the flexibility of any fiscal response. The Euro zone continues to grapple with the policy responses to stem the crisis. The political and policy responses to the Euro zone debt crisis have been evolving on an almost daily basis, influencing global financial markets, risk appetite and capital flows to emerging economies such as Indonesia. Increased funding stress for European financial institutions was followed by a coordinated announcement of liquidity swap arrangements by central banks including the Federal Reserve and European Central Bank. In addition to putting in place policies to address the near-term impacts of any future shocks, with a protracted weakness in external demand likely, it is an opportune time to move forward with investments and reforms which can enhance domestic productivity and growth and attract more stable and longer-term capital flows. Indeed, the 2012 budget again significantly boosts capital expenditure, although ongoing budget execution challenges could hinder the effectiveness of the increased allocation on infrastructure improved infrastructure and investment climate can help to promote further the positive recent performance of Indonesia's manufacturing sector, after its weakness in the decade following the Asian crisis. The scope for productivity growth within manufacturing and other sectors through technology adoption and adaption can also be enhanced by further improvements in the quality of education of the labor force and the institutional environment for research and development.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience
title_short Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience
title_full Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience
title_fullStr Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience
title_full_unstemmed Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience
title_sort indonesia economic quarterly, december 2011 : enhancing preparedness, ensuring resilience
publisher World Bank, Jakarta
publishDate 2017
url http://documents.worldbank.org/curated/en/820061468253869189/Indonesia-economic-quarterly-enhancing-preparedness-ensuring-resilience
http://hdl.handle.net/10986/26667
_version_ 1764462480519593984
spelling okr-10986-266672021-04-23T14:04:37Z Indonesia Economic Quarterly, December 2011 : Enhancing Preparedness, Ensuring Resilience World Bank AMORTIZATIONS AUCTION BALANCE OF PAYMENT BANK SUPERVISION BANKING SECTOR BASIS POINT BENEFICIARIES BENEFICIARY BOND FINANCING BOND INDEX BOND PRICES BOND SPREAD BROKER BUDGET DEFICIT BUDGETING BUY BACKS CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL FORMATION CAPITAL INFLOWS CAPITAL MARKETS CAPITAL OUTFLOWS CASH BALANCES CASH TRANSFER CENTRAL BANK COMMERCIAL BANK COMMERCIAL BANK LENDING COMMODITY COMMODITY PRICE CONSUMER LOANS CONSUMER PRICE INDEX CONSUMPTION EXPENDITURE COST OF FUNDS CREDIT CARD CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT SURPLUS DEBT CRISIS DEBT LEVELS DEBT MANAGEMENT DEPOSIT DEPOSIT INSURANCE DEVELOPING ECONOMIES DISBURSEMENT DOMESTIC ECONOMY DOMESTIC FINANCIAL MARKETS DOMESTIC INFLATION DOMESTIC LIQUIDITY DOMESTIC MARKET DOMESTIC SECURITIES ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EMERGING ECONOMIES EMERGING MARKET EMERGING MARKET BOND EMERGING MARKET ECONOMIES EMERGING MARKET EQUITIES EQUIPMENT EQUITIES EQUITY INDEX EQUITY MARKET EQUITY PRICES EXCHANGE RATE EXPENDITURE EXPORT GROWTH EXTERNAL DEBT EXTERNAL FINANCING FEDERAL RESERVE FINANCIAL CRISIS FINANCIAL DEVELOPMENTS FINANCIAL FLOWS FINANCIAL INFLOWS FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FINANCIAL SECTOR FINANCIAL SECTOR SAFETY NET FINANCIAL SERVICE FINANCIAL SHOCKS FINANCIAL SYSTEM FINANCIAL SYSTEM STABILITY FISCAL CONSOLIDATION FISCAL DEFICIT FISCAL POLICY FIXED CAPITAL FIXED INCOME FIXED INCOME SECURITIES FOOD PRICE FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTORS FUTURE GROWTH GLOBAL ECONOMIC PROSPECTS GLOBAL ECONOMY GLOBAL FINANCIAL MARKET GLOBAL MARKET GLOBAL RISK GOVERNMENT BOND GOVERNMENT BOND YIELD GOVERNMENT DEBT GOVERNMENT FINANCING GOVERNMENT REVENUE GOVERNMENT SECURITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH IN TRADE HOLDINGS HOLDINGS OF BANK HUMAN CAPITAL HUMAN RESOURCES INCOME TAX INFLATION INFLATION RATE INFLATIONARY EXPECTATIONS INFLATIONARY PRESSURES INFRASTRUCTURE DEVELOPMENT INSTITUTIONAL ENVIRONMENT INSURANCE INSURANCE CORPORATION INSURANCE REFORM INTEREST PAYMENTS INTEREST RATE INTERNATIONAL DEVELOPMENTS INTERNATIONAL EQUITY INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL FINANCIAL INSTITUTIONS INTERNATIONAL FINANCIAL MARKET INTERNATIONAL MARKET INTERNATIONAL TRADE INVESTMENT CLIMATE INVESTMENT CLIMATE REFORMS INVESTMENT DECISIONS INVESTMENT INCOME INVESTMENT LOANS INVESTOR CONFIDENCE JOB CREATION LABOR MARKET LIFE INSURANCE LIQUIDITY LOAN LOCAL CURRENCY MARKET CONDITIONS MARKET DATA MARKET DEVELOPMENTS MARKETABLE SECURITIES MATURITY MONETARY FUND MONETARY POLICY NON-PERFORMING LOAN OIL PRICE OUTPUT PAYMENT FLOWS POLICY RESPONSE PORTFOLIO PORTFOLIO CAPITAL PORTFOLIO FLOWS PORTFOLIO INFLOWS PORTFOLIO INVESTMENT PRICE MOVEMENTS PRICE SERIES PRUDENTIAL SUPERVISION REGULATORY STRUCTURE REPAYMENTS RESERVE REQUIREMENTS RESERVES RETURN RETURN ON ASSETS RISK AVERSION SAFETY NET SECURITIES ISSUANCE SECURITY STRUCTURE SHORT-TERM EXTERNAL DEBT SOVEREIGN BOND SUKUK SUPERVISORY AUTHORITY SWAP TAX TEMPORARY FINANCING TRADE BALANCE TRADE CREDIT TRADE FINANCING TRADING TREASURY TREASURY BILL UNEMPLOYMENT RATE WORKING CAPITAL International financial markets remain turbulent, dominated by the political and economic challenges of the Euro zone debt crisis and signs of weakening global growth. However, to date, although portfolio outflows have been seen, Indonesia's domestic economy continues to perform strongly. The economy remains relatively well-positioned to weather future external shocks and steps have been taken to improve crisis preparedness, for example, by increasing the flexibility of any fiscal response. The Euro zone continues to grapple with the policy responses to stem the crisis. The political and policy responses to the Euro zone debt crisis have been evolving on an almost daily basis, influencing global financial markets, risk appetite and capital flows to emerging economies such as Indonesia. Increased funding stress for European financial institutions was followed by a coordinated announcement of liquidity swap arrangements by central banks including the Federal Reserve and European Central Bank. In addition to putting in place policies to address the near-term impacts of any future shocks, with a protracted weakness in external demand likely, it is an opportune time to move forward with investments and reforms which can enhance domestic productivity and growth and attract more stable and longer-term capital flows. Indeed, the 2012 budget again significantly boosts capital expenditure, although ongoing budget execution challenges could hinder the effectiveness of the increased allocation on infrastructure improved infrastructure and investment climate can help to promote further the positive recent performance of Indonesia's manufacturing sector, after its weakness in the decade following the Asian crisis. The scope for productivity growth within manufacturing and other sectors through technology adoption and adaption can also be enhanced by further improvements in the quality of education of the labor force and the institutional environment for research and development. 2017-05-19T17:19:43Z 2017-05-19T17:19:43Z 2011-12 Report http://documents.worldbank.org/curated/en/820061468253869189/Indonesia-economic-quarterly-enhancing-preparedness-ensuring-resilience http://hdl.handle.net/10986/26667 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 & Sector Work :: Economic Updates and Modeling East Asia and Pacific Indonesia