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The Indonesia Economic Prospects (IEP) is a bi-annual World Bank report that assesses recent macroeconomic developments, outlook and risks, as well as specific development challenges for the Indonesian economy. In doing so, the IEP aims to inform the public policy debate and is geared towards a...
Persistent link: https://www.econbiz.de/10012817619
The Indonesian economy is slowly recovering following the partial reopening of the domestic and global economies. But the pace of recovery is uneven across sectors. Several labor market indicators are significantly weaker than before the crisis. The monetary response to the crisis has been...
Persistent link: https://www.econbiz.de/10012497555
The Russia-Ukraine war has disrupted global trade and supply chains, exacerbating the rise in global commodity and food prices. Persistently high global inflation accompanied by tepid growth brings fears of stagflation that could endure for several years. Amidst this environment, the US Federal...
Persistent link: https://www.econbiz.de/10014247504
Indonesia's economic recovery from the Corornavirus (COVID-19) pandemic comes amidst an increasingly challenging global environment. Indonesia's growth accelerated at the end of 2021 as the country stepped off from a devastating Delta wave in July-August, ending the year with 3.7 percent growth....
Persistent link: https://www.econbiz.de/10013413843
Vision 2045 aims to significantly transform Indonesia with the target of becoming one of the world's top five economies by the time it reaches its centenary in 2045. But is this achievable without considering Indonesia's Water Security? This study reflects on this question in detail, highlights...
Persistent link: https://www.econbiz.de/10012817621
In 2015, a global study estimating inputs of plastic waste into the oceans ranked Indonesia as the second largest contributor to plastic marine pollution. In 2017, another study ranked four Indonesian rivers in the world's most polluting top 20. The challenge of plastic waste and marine debris...
Persistent link: https://www.econbiz.de/10012544686
The Republic of Indonesia, herein Indonesia, is the world's largest archipelagic state, consisting of more than 17,500 islands with over 81,000 kilometres (km) of coastline, a population of 270.6 million as of 2019 and the largest economy in Southeast Asia. Indonesia is highly vulnerable to...
Persistent link: https://www.econbiz.de/10012700744
Similar to many other countries around the world, the COVID-19 (coronavirus) pandemic has hit Indonesia hard. Latest estimates suggest that about 5.1 million people-equivalent to 2.4 percent of the working-age population-have lost their jobs, while an additional 24 million have had to work...
Persistent link: https://www.econbiz.de/10012603518
COVID-19 (coronavirus) has taken a heavy economic and human toll globally and in Indonesia. According to official statistics, over 3.8 million people have died from COVID as of May 2021. The global economy experienced one of the most severe recessions, shrinking by 3.5 percent in 2020 compared...
Persistent link: https://www.econbiz.de/10012603694
Indonesia has experienced two major forest and land fire events in the past five years. According to government data, the 2015 and 2019 fire episodes led to the burning of around 2.6 million hectares and 1.6 million hectares,1 respectively. The fires and the resulting haze in 2019 led to...
Persistent link: https://www.econbiz.de/10012603704