Indonesia’s presidential candidates have delivered a strong message to all voters, that once they’re elected, they’ll strive for higher GDP growth in times ahead. The incumbent Yudhoyono said Indonesia will achieve a strong and sustainable 7% growth starting 2014, Kalla and his pair were sure that Indonesia can start enjoying 8% in 2011, while Mega [...]
One of the impacts of global economic downturn would be around investment, where people/companies are more considerate, careful, and sometimes reluctant to release their money to be invested somewhere else. In the 80’s and early 90’s, Indonesia was among the top destination for FDI (Foreign Direct Investment) which amounted to $20 billion a year. After [...]
I had a very interesting discussion with a friend from Canada regarding economic growth. We tried together to select some significant factors which can lead to huge GDP growth; I personally believe that economic high-growth is almost certain to reap substantial long-term benefit in terms of poverty reduction and wider human development. We discussed over Southeast [...]
