Fostering formal sector job creation to further improve living standards in Indonesia

By Christine Lewis, Head of Indonesia Desk, OECD Economics Department The Indonesian economy has grown solidly in recent years, which together with helpful government policies has raised incomes and brought down poverty rates to record lows, as highlighted in the latest OECD Economic Survey of Indonesia (OECD, 2018). Prudent macroeconomic policies have contributed to economic … More Fostering formal sector job creation to further improve living standards in Indonesia

How best to keep up rapid tourism growth in Indonesia

by Patrice Ollivaud, Economist, Indonesia Desk, OECD Economics Department Bali, where the 2018 OECD Economic Survey of Indonesia is being released, is emblematic of Indonesia’s success in creating a popular tourism brand. The number of foreign tourists arriving in Bali soared from 2.5 million in 2010 to 5.7 million in 2017. In 2014, the authorities … More How best to keep up rapid tourism growth in Indonesia

The business climate has improved in Indonesia, but this is no time for complacency

by Patrice Ollivaud and Petar Vujanovic, OECD Economics Department The government has put a heavy emphasis on improving the business climate, thereby promoting a competitive, innovative and dynamic private business sector. Traditionally Indonesia has relied heavily on commodities, but the recent focus of policy has been on facilitating economic development and structural change by diversifying the … More The business climate has improved in Indonesia, but this is no time for complacency

Funding priority spending will become increasingly challenging in Indonesia

By Patrice Ollivaud and Petar Vujanovic, Indonesia Desk, OECD Economics Department As described in the 2016 OECD Economic Survey of Indonesia, economic growth is expected to pick up over the course of 2016 and into 2017. Despite persistently weak external conditions, confidence is returning, with inflation moderating, a stable rupiah and government investment in infrastructure … More Funding priority spending will become increasingly challenging in Indonesia