Indonesia in the 1980s - 1213 Words

Indonesia’s industrialisation policies play an important role in supporting the achievement of high and sustained economic growth. The move towards export promotion from import substitution in the mid-1980s succeeded in restructuring the economy from agriculture to semi-industrious. As a result, the role of industry within the economy has become increasingly important, and whilst it has been successful within its own sphere of socio-economic prosperity and sustainability, in relative terms, Indonesia has still been outperformed by the 4 ASIAN tigers. Whilst bold and decisive redirection of economic policy is effective, if the implementation and execution of new policies fails to anticipate the demands of a competitive international market, then those policies will be of significantly less worth in a global context. The fiscal policies of the island group just north of Australia need to be flexible to allow for a changing, growing market, the pro-active approach. Indonesia is the largest economy in South East Asia, primary industry of industry (47%), agriculture (15%) and a service industry that makes up nearly 40% of the GDP. More than 1,000 islands totalling almost 2,000,000sq/km make up the largest archipelago in the world. In 2012 the labour force stood at 120 million, 16 times the population of NSW. So what we have is a top 20 economy with a huge workforce and natural resources worth 10s of billions a year. Stepping back to a pre-Suharto Indonesia (for its contextualShow MoreRelated Indonesian Demographic Transition Essay1563 Words   |  7 Pagesthis paper intends to explain why the change of population structure has an effect on the society’s economic condition in Indonesia with examining the demographic variables. This short paper is aimed to support the hypothesis that the demographic variables are important influential factors on the economic development and significantly affect on the social welfare in Indonesia. Therefore, the paper proceed with examining the demographic transition from 1970 to 2000 in the change of population structureRead MoreThe Struggle For Freedom And Freedom1277 Words   |  6 PagesPhilippines and Indonesia, both faced the same post colonization events in the sense that regained their independence from colonial powers, faced dictatorship, and ultimately won their freedom with the exception that they took a little different path in achieving this path. Japan was the driving force in the invasion and finally the independence of Indonesia and Philippines. In 1945 Japan invaded the East Indies. Until 1942 Indonesia was under the ruling of Netherlands. Indonesia under the Netherlands’sRead MoreAustralia s Relationship With Indonesia1712 Words   |  7 Pagesthe foreign relations between the two countries, whether economically, politically, legally or socially. Australian-Indonesian relations involve an interaction in foreign policies between the two nations (Wolfsohn, 1951, p. 68). As long as Indonesia is Australia s closest and largest neighbor, they are bound to have great international relations. These relations began as early as the 17th century and had only become enhanced with time (Daly, 2003, p. 397). The relationship has been defined by a conjointRead MoreFilm Industry in CIVET Countries1271 Words   |  5 Pagesengaged in (Stock, 1997, pg 60). Indonesia The film industry in Indonesia has been gathering momentum after a decline that started in the 1980s. In December 2005, she held her second Indonesia Film Festival (IFF) after a barren 12 years in the film industry. In this event, 27 films were nominated for the various categories available. Riri Rezas movie Gie scooped the prestigious best film award in the event. The decline in the film industry observed after the 1980s was mainly due to the emergenceRead MoreMalaysia s Income Inequality Trend Essay863 Words   |  4 Pagesmost volatile GDP per capita and GDP per capita growth rate whereas Indonesia has most stable GDP per capita and GDP per capita growth rate which are unaffected by global economic recession and other global economic factors. Figure 5. GDP per capita from 2007 to 2015 Figure 6. GDP per capita growth rate from 2007 to 2015 4. Income Inequality Figure 7. Income inequality trend From the figure 7, we can infer that Indonesia has lowest Income inequality, but in the recent few years, the seemsRead MoreLenzing Ag Case1197 Words   |  5 PagesLenzing AG: Expanding in Indonesia Case Review Summary Lenzing AG is one of the worlds largest rayon fiber manufacturers, originating in Lenzing, Austria.   In 1938 Lenzing AG was founded, starting pulp and viscose fiber production. Up until the 1980’s, Lenzing was a company that held its production and management in the same country and town where the company had originated. Until one day , the Chairman of Lenzing had agreed to go into a joint partnership with an international investorRead MoreA Brief History Of Country Since 19492324 Words   |  10 PagesReport - Indonesia A brief history of that country since 1949: Indonesia was acknowledged to be an independent country from Netherlands in 1949, and has experienced sharp downturns as well as booms within their business cycle. In the 1960 s Indonesia s economy rapidly declined due to political instability, the government was too inexperienced to understand and maintain a stable economy, thus resulting in a major economic recession where inflation was at 1000% , there was minimal foreign investmentRead MoreCompany Analysis : Khs Gmbh1734 Words   |  7 Pagescould sort out the problem according to the management. Indonesia is an option that the company management is looking forward to start the production. The strategic location in relation to giant economies of China, India and Australia, low labour cost and access via sea route are the main advantages that Indonesia has. But, being a complex country, there are certain risks that the company should keep an eye on before investing in Indonesia. 1.INDONESIAN ECONOMY IndonesianRead MoreOpec And The Price Of Oil873 Words   |  4 Pagesorganization were Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. These five states were later joined by nine other countries: Qatar (1961), Indonesia (1962), Libya (1962), United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975), and Angola (2007). Ecuador and Gabon withdrew from the organization in 1992 and 1994 as Indonesia in 2007 respectively. OPEC relocated its headquarters from Geneva to Vienna in 1960. The purpose of OPEC, as with any cartel, is to limit suppliesRead MorePalm Oil Is The World s Most Common Oil1021 Words   |  5 Pagesvegetable oil. The global demand for this commodity has increased over the years creating expansions of plantations in Indonesia leading to biodiversity loss, forest fires, peat degradation, hardship on families and a range of social issues. Since the early 1980’s palm oil has more than tripled globally primarily in Indonesia. â€Å"Most of this expansion has occurred in Indonesia, where the total land area of oil palm plantations increased by over 2100 per cent (more than 22 times greater) over the