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Survey of Recent Developments
Oleh:
McLeod, Ross H.
Jenis:
Article from Journal - ilmiah nasional
Dalam koleksi:
BIES: Bulletin of Indonesian Economic Studies vol. 44 no. 2 (Aug. 2008)
,
page 183-208.
Topik:
Recent Development
;
Monetary Policy
;
Soeharto
;
Economic Growth
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB59.11
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The 10th anniversary of Soeharto's resignation was coloured by disappointment with the slowness of reform, and with the government's reluctance to confront blatant religious intolerance. Nevertheless, economic growth is strong and ivestment spending buoyant. Inflation has risen well above target, suggesting that a more effective approach to monetary policy is needed. The recent surge in global rice prices coincided with bountiful domestic harvests, putting the government under pressure to restrict rice exports rather than imports as it has in recent years. However, restricting exports has been recognised as a 'starve thy neighbour policy', and the ASEAN trade ministers have jointly agreed 'to continue fair trade practices and to achieve an orderly regional rice trade'.
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