World Bank2014-01-072014-01-072013-05https://hdl.handle.net/10986/16521The Indonesia economic quarterly reports on and synthesizes the past three months key developments in Indonesia s economy. It places them in a longer-term and global context, and assesses the implications of these developments and other changes in policy for the outlook for Indonesia s economic and social welfare. Its coverage ranges from the macroeconomy to financial markets to indicators of human welfare and development. It is intended for a wide audience, including policy makers, business leaders, financial market participants, and the community of analysts and professionals engaged in Indonesia s evolving economy. The near-term global economic outlook is fragile and emerging economies, including Indonesia, again face the risk of a potential crisis that is not of their making. The growth outlook for Indonesia s major trading partners (MTP), at 3.3 percent in 2012, remains relatively weak as increased Euro zone uncertainty adds to the ongoing drags on global growth from budget cutting and deleveraging in developed economies, and capacity constraints in some developing economies. Recent international financial market turbulence looks set to continue in the near-term and, while this baseline scenario remains the most likely outcome, capital flows to emerging economies and sentiment are likely to remain volatile. Further enhancing crisis preparedness is therefore a policy priority for economies such as Indonesia but, at the same time, it is important to push ahead with reforms and investments which can support medium-term growth in what is likely to be a weaker global economic environment.en-USCC BY 3.0 IGOACCOUNTINGAGGREGATE INVESTMENTAGRICULTUREANNUAL GROWTHASSET PRICEBALANCE OF PAYMENTSBALANCE OF PAYMENTS FLOWSBALANCE SHEETSBANK ASSETSBANK BALANCE SHEETSBANK INTERMEDIATIONBANK LOANSBANKING SECTORBANKING SYSTEMBIDBILLBONDBOND PRICESBOND YIELDBOND YIELDSBORROWING COSTSBUDGET DEFICITCAPITAL ADEQUACYCAPITAL FORMATIONCAPITAL GOODSCAPITAL GOODS IMPORTSCAPITAL INFLOWSCOMMERCIAL BANKCOMMERCIAL BANK LENDINGCOMMODITY MARKETCOMMODITY PRICECOMMODITY PRICESCONSENSUS FORECASTSCONSOLIDATIONCONSUMER LOANCONSUMER PRICE INDEXCONSUMERSCONSUMPTION EXPENDITURECONSUMPTION LEVELSCORE INFLATIONCOUNTRY EQUITYCREDIT GROWTHCREDIT QUALITYCREDIT SPREADSCURRENCY DEPRECIATIONCURRENT ACCOUNTCURRENT ACCOUNT BALANCECURRENT ACCOUNT DEFICITDEBT RATIODEBT REPAYMENTSDEBT SUSTAINABILITYDECENTRALIZATIONDEFLATIONDEMAND GROWTHDEVELOPING COUNTRIESDIRECT INVESTMENTDISBURSEMENTDISINFLATIONDOLLAR PRICEDOMESTIC DEMANDDOMESTIC DEMAND GROWTHDOMESTIC MARKETDRAG ON GROWTHECONOMIC ASSUMPTIONSECONOMIC CONDITIONSECONOMIC DEVELOPMENTECONOMIC DISRUPTIONECONOMIC GROWTHECONOMIC OUTLOOKEMERGING MARKETEMERGING MARKET EQUITIESEQUIPMENTEQUITY INDEXEQUITY INDICESEQUITY MARKETSEXCESS DEMANDEXCHANGE RATEEXPENDITUREEXPENDITURESEXPORT DIVERSIFICATIONEXPORT PERFORMANCEEXPORT SHAREEXPORT VOLUMESEXPORTSEXTERNAL DEBTEXTERNAL DEMANDEXTERNAL FINANCINGEXTERNAL TRADEFINANCIAL ASSETFINANCIAL CRISISFINANCIAL MARKETFINANCIAL MARKET PARTICIPANTSFINANCIAL MARKETSFINANCIAL STABILITYFINANCIAL SYSTEMFISCAL DEFICITFISCAL POLICYFISCAL POSITIONFIXED CAPITALFIXED INVESTMENTFOOD PRICEFOOD PRICESFORECASTSFOREIGN CURRENCYFOREIGN CURRENCY EXPOSUREFOREIGN CURRENCY LENDINGFOREIGN CURRENCY LOANSFOREIGN EXCHANGEFOREIGN INVESTMENTFORMS OF CREDITGDPGDP DEFLATORGDP PER CAPITAGLOBAL ECONOMYGLOBAL TRADEGOVERNMENT BONDGOVERNMENT BOND YIELDSGOVERNMENT BONDSGOVERNMENT BUDGETGOVERNMENT DEBTGOVERNMENT SPENDINGGROSS DOMESTIC PRODUCTGROSS FIXED CAPITAL FORMATIONGROWTH PROJECTIONSGROWTH RATEGROWTH RATESHEDGESIMPERFECT SUBSTITUTESIMPORTIMPORT DEMANDIMPORT GROWTHINFLATIONINFLATION RATEINFLATIONARY PRESSURESINFRASTRUCTURE INVESTMENTINTEREST RATESINTERNATIONAL BANKINVENTORIESINVENTORYINVESTMENT FLOWSINVESTMENT INFLOWSINVESTMENT LOANSINVESTMENT RATIOINVESTMENT SPENDINGINVESTOR PERCEPTIONSLABOR FORCELIQUIDITYLIVING STANDARDSLOCAL BANKSLOCAL CURRENCYLOCAL GOVERNMENTLOCAL GOVERNMENTSMACROECONOMIC POLICYMARKET CONDITIONSMARKET PRICESMONETARY POLICYMORTGAGEMORTGAGE INTERESTMORTGAGE INTEREST RATESNET EXPORTSNON-PERFORMING LOANSNPLOIL DEMANDOIL PRICEOIL PRICESOPPORTUNITY COSTOPPORTUNITY COSTSOUTTURNPORTFOLIOPORTFOLIO INFLOWSPORTFOLIO INVESTMENTPOTENTIAL INVESTMENTPOVERTY REDUCTIONPRICE INCREASESPRICE INDICESPRICE INFLATIONPRIVATE CONSUMPTIONPRIVATE INVESTMENTPRODUCTIVITY GROWTHPROPERTY VALUESPRUDENTIAL REGULATIONPUBLIC INVESTMENTPURCHASING POWERREAL GDPREAL INVESTMENTREAL PROPERTYRECESSIONREPAYMENTSRESERVERESERVESRESIDENTIAL MORTGAGERESIDENTIAL MORTGAGESRETURNSOLVENCYSTRONG CAPITAL INFLOWSSUPPLY SIDESURPLUSSUSTAINABLE GROWTH RATETARIFF INCREASESTOTAL IMPORTSTOTAL INVESTMENTTOTAL OUTPUTTRADE ACCOUNTSTRADE BALANCETRADE BALANCESTRADE DEFICITTRADE PATTERNSTRADE POLICIESTRADE POLICYTRADE SURPLUSTRADINGTRADING PARTNERTRADING PARTNERSTREASURYTREASURY NOTETREASURY YIELDTREASURY YIELDSUNCERTAINTIESUNCERTAINTYUNEMPLOYMENTUNEMPLOYMENT RATEVALUATIONVALUE ADDEDWAGESWEIGHTSWORKING CAPITALWORLD PRICESWTOWorld Bank10.1596/16521