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In December 2010, Goldman Sacks recognized Indonesia as a member of MIKT, along with Korea, Mexico, and Turkey, all of which have demonstrated outstanding development performance with a substantial size of GDP as well as population. Indonesia, like Korea, is now filling a more important role in the global economy as a member of the G20, N-11, and MIKT. In particular, since the global financial crisis of 2008, Indonesia has shown robust GDP growth of 6.1% in 2008, 4.5% in 2009, and 5.9% in 2010. The Indonesian Government has also estimated 6.5% growth for 2011. Due to this excellent performance, Indonesia has substantially decreased its government debt to GDP ratio from 47% in 2005 to 24% in 2011.
Several characteristics indicate Indonesia has vast growth potential. (The rest omitted)
Supporting Indonesia's development strategy in key policy areas : Public finance, credit infrastructure, and water resources management
| Title |
Supporting Indonesia's development strategy in key policy areas
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| Sub Title | Public finance, credit infrastructure, and water resources management |
| Material Type | Report |
| Author(English) |
Kang, Kyeounghoon; Bae, Deukjong; Choi, Yonglak; Lee, Wookjae; Chun, Sungjun et al. |
| Publisher |
Seoul : Korea Development Institute |
| Date | 2012 |
| Series Title; No | Knowledge Sharing Program |
| ISBN | 978-89-8063-618-1; 978-89-8063-657-0 (set) |
| Pages | 326 |
| Subject Country | Indonesia(Asia and Pacific) |
| Language | English |
| File Type | Documents |
| Original Format | |
| Subject | Economy < Financial Policy Territorial Development < General |
| Holding | Korea Development Institute |
| Recipient Country | Indonesia(Asia and Pacific) |
| Donor Country | South Korea(Asia and Pacific) |
| Supervisor | Korea Development Institute |
| Organizer | Korea Development Institute |
| Sponsor | Ministry of Strategy and Finance |
| License |  |
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