Dec 06 2008
Indonesian Economic Report
Laporan tentang perekonomian Indonesia (in english)
Indonesian economy has shown a gradual improvement since 2000. Despite the growing of GDP over the last 6 six years, investment and export sector still stagnant making the issue of enhancing better quality growth as the key of success. Thus, government needs to be more serious to implement various policies for improvement of the investment climate with the support of stable macroeconomic conditions.
In the banking sector, central bank of Indonesia needs to solve an underperforming intermediation function of banking sector. The role of banking sector is so important to support performance of real sector. In addition, to ensure the effectiveness of macroeconomic policy, there are, at least two important strategies that need to be resolved. First, commitment and policy consistency are crucial elements of raising macroeconomic policy credibility. Second, the function and strategy of clear and sound policy communication and dissemination have become pivotal elements to influence the perceptions of economic players towards overall economic prospects.
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