StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Future Economic Trends in Indonesia - Term Paper Example

Comments (0) Cite this document
Summary
The paper 'Future Economic Trends in Indonesia' presents Indonesia which passed a long way through colonization to independence and sustained economic growth. As of today, Indonesia is at the forefront of economic growth and achievements in the Asian world…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Future Economic Trends in Indonesia
Read Text Preview

Extract of sample "Future Economic Trends in Indonesia"

Download file to see previous pages Economic growth has long been the basic measure of policy effectiveness and success across countries. Recent global financial crises reduced considerably the pace and scope of economic developments in a number of regions. However, as the global crisis is moving to its end, the developing world faces better chances to improve their economic position. Indonesia is no exception: a vast and resource-intensive economy, Indonesia has everything needed to strengthen its position in the global economy. It should be noted, that the countries of the Asian and Pacific regions are in a better economic position, compared with other countries of the world (The World Bank, 2011). Simultaneously, the risks of inflation remain increasingly high. Therefore, Indonesia must develop economic policies and implement instruments to slow down the acceleration of inflationary mechanisms, in ways that do not damage the country’s economic growth prospects.
Indonesia is ranked as the world’s fourth most populated country (U.S. Department of State, 2011). Located in the equatorial region of Asia, Indonesia occupies about 2 million sq.km, with approximately 240.3 million people inhabiting it (U.S. Department of State, 2011). The prevailing majority of the country’s residents are Indonesian (U.S. Department of State, 2011). For many years, Indonesia was one of the biggest Dutch colonies; 300 years of the Dutch rule turned Indonesia into one of the richest and most profitable resource supplements (U.S. Department of State, 2011). It was not until 1945 that Indonesia was granted independence from the Netherlands (U.S. Department of State, 2011). After the first democratic elections in 1999, Indonesia became one of the most populous democracies in the world (CIA, 2011). Despite recent developments, Indonesia is faced with a number of challenges, including poverty, poor quality education, terrorism and the risks of authoritarianism (CIA, 2011). The situation is further complicated by the global economic crisis.  ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Future Economic Trends in Indonesia Term Paper Example | Topics and Well Written Essays - 1750 words, n.d.)
Future Economic Trends in Indonesia Term Paper Example | Topics and Well Written Essays - 1750 words. Retrieved from https://studentshare.org/macro-microeconomics/1581947-economic-growth-in-indonesia
(Future Economic Trends in Indonesia Term Paper Example | Topics and Well Written Essays - 1750 Words)
Future Economic Trends in Indonesia Term Paper Example | Topics and Well Written Essays - 1750 Words. https://studentshare.org/macro-microeconomics/1581947-economic-growth-in-indonesia.
“Future Economic Trends in Indonesia Term Paper Example | Topics and Well Written Essays - 1750 Words”. https://studentshare.org/macro-microeconomics/1581947-economic-growth-in-indonesia.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Future Economic Trends in Indonesia

Death Penalty: Does it Serve as a Deterrent to Future Crime

Animal instincts are directed towards self-preservation and it is the law of nature that a stronger and healthier individual has more chances of living than his weaker counterpart. The survival of the fittest has now been established as a ground reality according to Darwinian philosophy. If we eliminate our civilized thought process, it emerges as a stark reality that we would not desist from attacking another living person or animal when we are overcome by the basic needs of food, shelter, and clothing. In times of natural disasters like earthquakes, wars and floods, and manmade disasters like war, it is not uncommon to witness ravaged populations shedding the façade of civilization and resorting to violence in order to fu...
9 Pages (2250 words) Case Study

Bernard Madoff : A Scapegoat of the Economic Crisis

Darwin was condemned and treated with contempt by the Church for proposing the theory of evolution that linked all living matter in the earth, including humans. In the case of Bertrand Russell, he was imprisoned as a conscientious objector, for expressing his opposition to British participation in the First World War. These are typical examples of people being wrongfully punished when they were guilty of no crime or fraud or misdoing. It would be highly improper to associate Bernard Madoff with the aforementioned luminaries, for he was truly guilty of carrying out the biggest financial fraud in modern history. At the same time, it would be simplistic to classify him as a victim of the contemporary judicial system. The truth, in fa...
6 Pages (1500 words) Assignment

Economic Models: The Free Market and The State Owned System

The free market concept is mainly a theoretical concept as every country, even capitalist ones place some restrictions on the ownership and exchange of commodities (Free market economy). Therefore, the term free-market economy primarily means a system where the buyers and sellers are solely responsible for the choices they make. It gives the buyers and sellers the power to do business without being afraid of any regulations and intervention by the state. Hence, a free market gives the absolute power to prices to determine the allocation and distribution of goods and services (Free Market Economy). The pricing mechanism is in turn, driven by the forces of demand and supply of goods and services. Demand and supply of...
9 Pages (2250 words) Case Study

Economic Analysis on BMW Cars in the US Car Industry

Mini and the 1-series rapidly grew at a much higher rate through 2008. Since the early days of the new millennium, BMW has been one of the first automakers to utilize flexible factories in which more than one vehicle model could be produced at the same time. This enabled the company to meet shifts in market demand more effectively than BMW’s competitors could. BMW challenges to retain its market position in the international market for luxury cars. Many automakers, such as Hyundai with its Genesis sedan or Nissan's Infiniti brand are increasingly successful in realizing higher margins earned on luxury vehicles. BMW is rated behind luxury brands such as Lexus, Porsche, Mercedes, and Infiniti for these reasons

1. Th...
7 Pages (1750 words) Case Study

Multiculturalism: Socio-economic Impacts on Modern States

This paper tends to argue that multicultural policies have promoted social segregation and economic insecurity in modern states. As the most relevant example, it will also evaluate how multicultural policies have evolved to be the most recent threat to the nationality and cohesion of Australia and the United Kingdom.

To begin with, many of the policies enacted on citizenship and immigration have brought about incessant controversy in Australia. In addition, the exceeding emphasis put on the multicultural policy has given rather unfavorable outcomes to both Australia and the UK. Policies that are intended to ensure equal representation and opportunities often create frustration and disappointment among certain interest g...
6 Pages (1500 words) Case Study

Globalization and World Economic Forum at Davos 2010

...Globalization and World Economic Forum at Davos Forces Driving Globalization Globalization has resulted in enhanced interdependencies among thenations of unprecedented scale. This augmented interdependence has caused the dismantling of trade barriers and liberalization of markets. The forces of globalization have impacted the nations, the firms and the individuals alike with the prerequisite of liberalization of trade (Awuah, 2009). The seven forces of globalization are; Markets, Production, Culture, Labor, Technology, Environment and Liberalization. Of these factors, the globalization of markets has engaged substantial attention of the firms and the academia. Some markets are highly globalized, while some are not. The scale of market...
7 Pages (1750 words) Coursework

The Trends in the Steel Industry and How It May Impact Nucor Corporations Strategy

The whole organization at Nucor’s revolves around the laid principles and focus on reinforcing to the extent that the organization is known for its culture and quality. Simultaneous quality checks and adherence are also as important building a strong culture for the organizations.

Nucor Corporation has always tried to challenge itself for further progress and to keep abreast of the industry of steel business.

Let us look at the trends observed in the business of the steel industry. The trend in the steel industry is very dynamic and always impacted by internal and extraneous factors. For almost 50 years the United States of America reigned in the industry of steel production, almost half of the entire p...
8 Pages (2000 words) Case Study

The 1846 Invasion into Mexico by the U. S.: The Political and Economic Forces that Brought about the Invasion

Some of the territories led to a war with Mexico from which the United States emerged victorious, expanding its territories and decisively establishing its dominance in North America.

President Andrew Jackson led an example of an administration that set the stage for the way in which James Polk would lead. In 1817, as a still yet military leader, Jackson led the United States into the first of three conflicts with the Seminole Indians from which the acquisition of Florida from Spain would be negotiated and finalized. The situation with Spain was tenuous and should have been dealt with in a diplomatic and cautious manner, but in 1817 President Monroe wrote a letter to General Jackson stating that “Great interests...
8 Pages (2000 words) Article

Future for Luxury Brand Retailers

A brand may be a design, a logo, a tagline, a name or a symbol that is intended to represent a company name and differentiate it from the other firms in the industry. Luxury brands are about giving customers exclusivity and uniqueness. They are brands that give a personal tinge to each of their products. Quelch and Jocz (2009) believe that luxury brands focus more on comfort, design, uniqueness and looks, and less on need and costs. This is because luxury brands are made for those who can afford to pay huge sums of money for just more satisfaction. A bag from Louis Vuitton or Gucci is as useful as any of the local, unbranded bags available in the market but elite customers would always go for the brand and not the mere use of the...
6 Pages (1500 words) Coursework

Economic and Social Impact of Globalization

Global corporations are heightening their awareness of the nature of their business relationships with diverse governments considered of primary importance to manage factors influencing their performance. From among the elements that global organizations closely and continuously evaluate, the social and economic impacts are considered of significant importance. As the components and diverse perspectives of globalization affect both the host organizations and those nations they do business with, this research aims to proffer significant social and economic issues that impact global strategies.

The concept of globalization encompasses theories beyond the traditional view that global corporations merely do business abroad....
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Future Economic Trends in Indonesia for FREE!

Contact Us