Survey of Recent Developments  

Oleh:

Tao Kong ; Ramayandi, Arief

Jenis: Article from Journal - ilmiah nasional
Dalam koleksi: BIES: Bulletin of Indonesian Economic Studies vol. 44 no. 1 (Apr. 2008), page 7-32.
Topik: Macroeconomic; Infaltion; Survey; Gross Domestic Product; GDP; CIEC; Financial Markets

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: BB59.11 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

Macroeconomic performance continued its steady improvement during 2007, with quite strong growth, moderate inflation, ,a reasonably stable exchange rate, and a strongly performing stock market. A promising sign has been rapid rate, and a strong growth, although the global economic slow-down predicted for 2008 investment growth, although the global economic slow-down predicted for 2008 is likely to reduce Indonesia’s exports, and therefore its growth rate. Moreover, rapid increases in food and energy prices on world markets seem likely to require some tightening of monetary policy to keep inflation in check. The 2008 budget finalized in November assumed a world oil price of $60 per barrel, even though the actual price was already closer to $90. By February it reached $100, anf the government announced its intention to revise the bugget further in light of this and likely impact of the coming global slow-down. While the impact of higher oil prices on the budget deficit can readily be accommodated, the subsidy cost of holding domestic energy prices constant will be enormous.

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