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Indonesia Economic Quarterly, March 2017 : Staying the Course

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collection.link.85
https://openknowledge.worldbank.org/handle/10986/2193
collection.name.85
Economic Updates and Modeling
dc.contributor.author
World Bank
dc.date.accessioned
2018-11-12T17:44:07Z
dc.date.available
2018-11-12T17:44:07Z
dc.date.issued
2017-03
dc.date.lastModified
2021-05-25T09:19:28Z
dc.description.abstract
With a robust rate of economic growth, low current account deficit, a conservative fiscal deficit and inflation at a record low, the fundamentals of the Indonesian economy continue to be strong. Despite global policy uncertainty, economic growth strengthened in 2016 on the back of higher private consumption growth. The economic outlook remains positive, supported by a projected pick-up in the global economy and recovering commodity prices, carrying both investment and exports.Major shifts in trade policies among advanced economies, unexpected changes in U.S. monetary policy, political uncertainty in Europe, a protracted period of elevated domestic inflation, and weak fiscal revenues pose significant downside risks. Real GDP growth in Q4 2016 eased to 4.9 percent yoy from 5.0 percent in Q3, as government expenditure continued contracting and import growth rebounded. The 4.0 percent decline in government expenditure was the largest since Q1 2010, due in part to base effects of strong expenditure growth in Q4 2015. Meanwhile investment growth rose and export growth turned positive after eight quarters of contraction, in line with stronger commodity prices.
en
dc.identifier
http://documents.worldbank.org/curated/en/820321541431186197/Indonesia-Economic-Quarterly-Staying-the-Course
dc.identifier.uri
http://hdl.handle.net/10986/30840
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC OUTLOOK
dc.subject
FISCAL TRENDS
dc.subject
EMPLOYMENT
dc.subject
POVERTY REDUCTION
dc.subject
SERVICES TRADE
dc.subject
TRADE POLICY
dc.subject
MICROFINANCE
dc.subject
MICROENTERPRISE
dc.subject
SMALL AND MEDIUM ENTERPRISES
dc.title
Indonesia Economic Quarterly, March 2017
en
dc.title.subtitle
Staying the Course
en
dc.type
Report
en
okr.crossref.title
Indonesia Economic Quarterly, March 2017
okr.date.disclosure
2018-11-05
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/820321541431186197/Indonesia-Economic-Quarterly-Staying-the-Course
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/30840
okr.identifier.externaldocumentum
090224b08656c326_1_0
okr.identifier.internaldocumentum
30587902
okr.identifier.report
131836
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/820321541431186197/pdf/131836-WP-PUBLIC-ADD-SERIES-IEQMARENGforweb.pdf
en
okr.region.administrative
East Asia and Pacific
okr.region.country
Indonesia
okr.topic
Finance and Financial Sector Development :: Microfinance
okr.topic
International Economics and Trade :: Trade and Services
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Private Sector Development :: Microenterprises
okr.topic
Private Sector Development :: Small and Medium Size Enterprises
okr.unit
East Asia and Pacific 2 (GMTP2)

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