World Bank2013-08-082013-08-082001-01-04https://hdl.handle.net/10986/14959The report reviews the Bank's private sector development strategy in Indonesia, stipulating that the country's potential will not be realized without a pattern of private sector activity, - different from the past - but, taking the opportunity offered by the crisis to make fundamental changes in the business environment, and in how business is conducted. The first priority calls for the banking, and corporate sectors to speed up the resolution of corporate debt, and ease financial flows for investment, and working capital to resume. Second, the structural inefficiencies, partly conducive to the crisis, and to its long lasting effect, need to be overcome; therefore, reforms should enable Indonesia to become a modern market economy, able to avoid future crises. This encompasses fighting corruption in the public administration, ensuring the rule of law through the court system, reinforcing property rights, and dispute resolution mechanisms, and, ensuring transparency and corporate governance. Third, broad-based, and sustainable economic growth need to be ensured by measures such as removal of obstacles to small, and medium enterprise (SME) activity, as well as SME development promotion, including physical, and social infrastructure building. Finally, the creation of an infrastructure, and regulatory framework to take full advantage of new information/communications technologies, is paramount.en-USCC BY 3.0 IGOACCOUNTINGADBAGGREGATE DEMANDAGRICULTUREASSET MANAGEMENTASSET SALESASSETSAUDITSAUTHORITYBANK CAPITALBANK DEPOSITSBANK INDONESIABANK LENDINGBANK RECAPITALIZATIONBANK RESTRUCTURINGBANKING SECTORBANKING SYSTEMBANKRUPTCYBANKRUPTCY PROCEEDINGSBANKSBENCHMARKINGBONDSBOOK VALUEBORROWINGBTOCAPITAL ADEQUACYCAPITAL INFLOWSCAPITAL MARKETSCARCASH FLOWSCENTRAL BANKCOLLUSIONCOMMERCIAL BANKSCOMPARATIVE ADVANTAGECOMPETITION LAWCOMPETITION POLICYCORPORATE FINANCIAL STRUCTURECORPORATE GOVERNANCECORPORATE RESTRUCTURINGCORPORATE SECTORCORRUPTIONCOURT SYSTEMCURRENCY DEPRECIATIONDEBTDEBT OVERHANGDEBT RESTRUCTURINGDECENTRALIZATIONDECENTRALIZATION PROCESSDEPOSITSDEVALUATIONDEVELOPMENT STRATEGYECONOMIC GROWTHECONOMIC POWERECONOMIC REFORMECONOMIC STRUCTUREEMPLOYMENTENABLING ENVIRONMENTENFORCEMENT OF REGULATIONSEXPORTSFINANCIAL CRISISFINANCIAL INSTITUTIONSFINANCIAL LIBERALIZATIONFINANCIAL MARKETSFINANCIAL RESTRUCTURINGFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL STRUCTUREFINANCIAL SYSTEMFISCALFISCAL RESOURCESFISCAL YEARFOREIGN BANKSFOREIGN BORROWINGFOREIGN DEBTFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFOREIGN TRADEGDPGNPGOVERNMENT POLICIESGROSS DOMESTIC PRODUCTGROSS NATIONAL PRODUCTHUMAN RESOURCESINCENTIVE FRAMEWORKINFORMAL SECTORINFORMATION DISCLOSUREINSOLVENTINTEREST RATESINVESTMENT CLIMATEJUDICIAL REFORMKNOWLEDGE ECONOMYLACK OF TRANSPARENCYLEGAL FRAMEWORKLEGAL SYSTEMLIQUIDITYLOCAL FINANCIAL INSTITUTIONSMERGERSMINISTRY OF FINANCEMONOPOLIESNATIONALIZED BANKSPENSIONSPOLITICAL INSTABILITYPOLITICIANSPOOR GOVERNANCEPORTFOLIOSPRIVATE BANKSPRIVATIZATIONPRODUCTIVE ASSETSPROFITABILITYPROPERTY RIGHTSPRUDENTIAL REGULATIONSPUBLIC ADMINISTRATIONPUBLIC SECTORPUBLIC SERVICESREGIONAL DEVELOPMENT BANKSREGULATORY FRAMEWORKREGULATORY FRAMEWORKSREGULATORY SYSTEMREGULATORY SYSTEMSRISK MANAGEMENTSECURITIESSHAREHOLDERSSOCIAL INFRASTRUCTURESOCIAL SECTORSSOCIAL SERVICESSTATE BANKINGSTATE BANKSSTATE ENTERPRISESSTATE OWNERSHIPSTATE POWERSTATE-OWNED ENTERPRISESSTOCK EXCHANGESSUPERVISORY FRAMEWORKTAXATIONTECHNICAL ASSISTANCETELECOMMUNICATIONSTIME DEPOSITSTRANSPARENCYTRANSPORTTRUST FUNDTRUST FUNDSURBAN DEVELOPMENTVALUE ADDEDVENTURE CAPITALVULNERABILITYWEALTHWORKING CAPITAL PRIVATE SECTOR DEVELOPMENTPRIVATIZATION CRITERIACHANGE OF VENUEBUSINESS ENVIRONMENTSMALL & MEDIUM SCALE ENTERPRISESBUSINESS MANAGEMENTBANKING SECTOR REFORMSCORPORATE RESTRUCTURINGCORPORATE DEBTFINANCIAL FLOWSINVESTMENT EFFECTIVENESSWORKING CAPITALSTRUCTURAL ADJUSTMENTSTRUCTURAL REFORMSMARKET ECONOMYCORRUPTIONPUBLIC ADMINISTRATIONRULE OF LAWCOURT ADMINISTRATIONPROPERTY RIGHTSDISPUTE RESOLUTIONCORPORATE GOVERNANCEPHYSICAL INFRASTRUCTURESOCIAL DEVELOPMENTREGULATORY FRAMEWORKINFRASTRUCTURE REGULATIONINFORMATION TECHNOLOGYCOMMUNICATIONS DEVELOPMENTWorld Bank10.1596/14959