Indonesia Economic Quarterly, December 2019 : Investing in People

Amid challenging global economic conditions and a substantial deterioration of its terms-of-trade, Indonesia’s economic growth decelerated to 5.0 percent in the third quarter of 2019, from 5.1 percent in Q2. Domestic drivers of growth slowed. Fixed investment growth weakened further in Q3 given...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/622281575920970133/Investing-in-People
http://hdl.handle.net/10986/33033
id okr-10986-33033
recordtype oai_dc
spelling okr-10986-330332022-09-20T00:10:28Z Indonesia Economic Quarterly, December 2019 : Investing in People World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS CURRENT ACCOUNT DEFICIT COMMODITY PRICES LABOR MARKET POVERTY SOCIAL PROTECTION Amid challenging global economic conditions and a substantial deterioration of its terms-of-trade, Indonesia’s economic growth decelerated to 5.0 percent in the third quarter of 2019, from 5.1 percent in Q2. Domestic drivers of growth slowed. Fixed investment growth weakened further in Q3 given the significant decline in commodity prices, and as political uncertainty lingered prior to the announcement of the new cabinet. Total consumption also slowed, with Government consumption decelerating markedly. This weakness in domestic demand was mirrored by a large contraction of import volumes, which together with flat exports meant that net exports made a large contribution to growth. 2019-12-17T16:58:49Z 2019-12-17T16:58:49Z 2019-12 Report http://documents.worldbank.org/curated/en/622281575920970133/Investing-in-People http://hdl.handle.net/10986/33033 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling East Asia and Pacific Indonesia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
CURRENT ACCOUNT DEFICIT
COMMODITY PRICES
LABOR MARKET
POVERTY
SOCIAL PROTECTION
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
FISCAL TRENDS
CURRENT ACCOUNT DEFICIT
COMMODITY PRICES
LABOR MARKET
POVERTY
SOCIAL PROTECTION
World Bank
Indonesia Economic Quarterly, December 2019 : Investing in People
geographic_facet East Asia and Pacific
Indonesia
description Amid challenging global economic conditions and a substantial deterioration of its terms-of-trade, Indonesia’s economic growth decelerated to 5.0 percent in the third quarter of 2019, from 5.1 percent in Q2. Domestic drivers of growth slowed. Fixed investment growth weakened further in Q3 given the significant decline in commodity prices, and as political uncertainty lingered prior to the announcement of the new cabinet. Total consumption also slowed, with Government consumption decelerating markedly. This weakness in domestic demand was mirrored by a large contraction of import volumes, which together with flat exports meant that net exports made a large contribution to growth.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Indonesia Economic Quarterly, December 2019 : Investing in People
title_short Indonesia Economic Quarterly, December 2019 : Investing in People
title_full Indonesia Economic Quarterly, December 2019 : Investing in People
title_fullStr Indonesia Economic Quarterly, December 2019 : Investing in People
title_full_unstemmed Indonesia Economic Quarterly, December 2019 : Investing in People
title_sort indonesia economic quarterly, december 2019 : investing in people
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/622281575920970133/Investing-in-People
http://hdl.handle.net/10986/33033
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