Recent Indonesian economic development and the urgent need to remove key growth obstacles

Arianto Patunru, Tarsidin Tarsidin

    Research output: Contribution to journalArticle

    Abstract

    Turbulence has been the hallmark of the course of Indonesian economic growth. Indonesia was dubbed a "chronic drop-out in economic performance in 1968, but it then immediately embarked on a growth spurt. Just as accolades to Indonesia's economic pragmatism and economic orthodoxy were reaching a new height, Indonesia's economy shattered during the Asian financial crisis of 199799. Indonesia has once again risen phoenix-like from that disaster, and the bounce back has been resilient in the face of the 2008 global financial crisis. Despite the commendable progress, however, its growth seems to be hindered. Indonesia must now tackle the two most important constraints to its continued high growth: logistics and infrastructure.
    Original languageEnglish
    Pages (from-to)57-77
    JournalAsian Economic Papers
    Volume11
    Issue number3
    DOIs
    Publication statusPublished - 2012

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