Survey of Recent Developments
V44-1, Volume 44 No Comments »Authors: Tao Kong; Arief Ramayandi
Macroeconomic performance continued its steady improvement during 2007, with quite strong growth, moderate inflation, a reasonably stable exchange rate, and a strongly performing stock market. A promising sign has been rapid investment growth, although the global economic slow-down predicted for 2008 is likely to reduce Indonesia’s exports, and therefore its growth rate. Moreover, rapid increases in food and energy prices on world markets seem likely to require some tightening of monetary policy to keep inflation in check. Read More »
