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Supporting Indonesia's development strategy in key policy areas : Public finance, credit infrastructure, and water resources management

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Frame of Image donesia’s Development Strategy in Key Policy Areas: Public Finance, Credit Infrastructure, and Water Resources Management Korea Development Institute Ministry of Strategy and Finance (MOSF), Republic of Korea Ministry of Finance, Republic of Indonesia Bank Indonesia (BI), Republic of Indonesia Republic of Indonesia National Planning and Development Agency (BAPPENAS) MoonJoong Tcha, Executive Director, Center for International Development (CID), KDI Wonhyuk Lim, Director, Division of Global Economy Research, CID, KDI Hye Young Woo, Research Associate, Division of KSP Consultation, CID, KDI Nahyun Kim, Research Associate, Division of KSP Analysis and Evaluation, CID, KDI Okyu Kwon, Former Deputy Prime Minister and Minister of Strategy and Finance, Professor at KAIST Graduate School of Finance Chapter 1. Kyeoung-Hoon Kang, Dongguk University Chapter 2. Deuk Jong Bae, Yonsei University Chapter 3. Yong-Lak Choi, Soongsil University Chapter 4. Wook Jae Lee, Korea Credit Bureau Sung Jun Chun, Korea Credit Bureau Chapter 5. Ick Hwan Ko, Yooshin Engineering Corporation Dong Jin Choi , Korea Research Institute for Environment & Development David Roberts, Freelance Editor
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Government Publications Registration Number 11-1051000-000251-01 ISBN 978-89-8063-618-1 94320 ISBN 978-89-8063-657-0 (set)
Copyright ⓒ 2012 by Ministry of Strategy and Finance, the Republi


Full Text
Title Supporting Indonesia's development strategy in key policy areas
Similar Titles
Sub Title

Public finance, credit infrastructure, and water resources management

Material Type Reports
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 pdf
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

Abstract

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)