Addressing Indonesia's Economic Growth in Transitional Era. Do Institutions Matter?

Addressing Indonesia's Economic Growth in Transitional Era. Do Institutions Matter? PDF Author: Dahlia Buchari
Publisher: GRIN Verlag
ISBN: 3656890498
Category : Business & Economics
Languages : en
Pages : 15

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Book Description
Scientific Essay from the year 2015 in the subject Economics - Economic Cycle and Growth, University of Syiah Kuala, course: Economics, language: English, abstract: For decades media as well as citizens frequently listen to the voice of those struggling under what it is called as economics injustice. The story of twenty-two years top and down resources exploitation in Papua, starting from Scott Paper in 1988 until mega development project of MIFEE (The Merauke Integrated Food and Energy Estate) right now, has caused many severe problems, including human right abuses, environmental devastation and enduring poverty for indigenous people while creating prosperity for immigrant workers. Another story of corruption and gratification from President Soeharto’s era until the end of President Susilo Bambang Yudhoyono’s era, covering almost all elements of political elites, ministers, governors, regents and even the prosecutors has led to the crisis of public trust towards the governments. The other story of human trafficking of Indonesian woman labors in Arab world and the high rate of unemployment, 5.7 % (BPS,2014), which is the highest after Myanmar and Philippine among ASEAN countries makes Indonesia as one of the country with a big problem of job opportunity and human resources quality. Such these stories are in no way boosting, rather obstructing Indonesian economy. Consequently, the breakthrough of new transitional government is obviously needed to tackle all these issues, addressing Indonesian economic growth in the middle of emerging market, especially under the transformation of ASEAN Economic Community in 2015, in order to provide economic justice and prosperity for all its citizens. Indeed, the new government cannot work alone to cover 240 million citizens within 34 provinces. It needs the coordination and synergy from all parties, particularly the one having the highest authority and responsibility, government Institutions.

Addressing Indonesia's Economic Growth in Transitional Era. Do Institutions Matter?

Addressing Indonesia's Economic Growth in Transitional Era. Do Institutions Matter? PDF Author: Dahlia Buchari
Publisher: GRIN Verlag
ISBN: 3656890498
Category : Business & Economics
Languages : en
Pages : 15

Get Book Here

Book Description
Scientific Essay from the year 2015 in the subject Economics - Economic Cycle and Growth, University of Syiah Kuala, course: Economics, language: English, abstract: For decades media as well as citizens frequently listen to the voice of those struggling under what it is called as economics injustice. The story of twenty-two years top and down resources exploitation in Papua, starting from Scott Paper in 1988 until mega development project of MIFEE (The Merauke Integrated Food and Energy Estate) right now, has caused many severe problems, including human right abuses, environmental devastation and enduring poverty for indigenous people while creating prosperity for immigrant workers. Another story of corruption and gratification from President Soeharto’s era until the end of President Susilo Bambang Yudhoyono’s era, covering almost all elements of political elites, ministers, governors, regents and even the prosecutors has led to the crisis of public trust towards the governments. The other story of human trafficking of Indonesian woman labors in Arab world and the high rate of unemployment, 5.7 % (BPS,2014), which is the highest after Myanmar and Philippine among ASEAN countries makes Indonesia as one of the country with a big problem of job opportunity and human resources quality. Such these stories are in no way boosting, rather obstructing Indonesian economy. Consequently, the breakthrough of new transitional government is obviously needed to tackle all these issues, addressing Indonesian economic growth in the middle of emerging market, especially under the transformation of ASEAN Economic Community in 2015, in order to provide economic justice and prosperity for all its citizens. Indeed, the new government cannot work alone to cover 240 million citizens within 34 provinces. It needs the coordination and synergy from all parties, particularly the one having the highest authority and responsibility, government Institutions.

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

World Development Report 2006

World Development Report 2006 PDF Author: Francisco H. G. Ferreira
Publisher: World Bank Publications
ISBN: 082136250X
Category : Business & Economics
Languages : en
Pages : 341

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Book Description
Inequality of opportunity, both within and among nations, sustains extreme deprivation, results in wasted human potential and often weakens prospects for overall prosperity and economic growth, concludes the 2006 World Development Report. To correct this situation and reduce poverty more effectively, Equity and Development recommends ensuring more equitable access by the poor to health care, education, jobs, capital, and secure land rights, among others. It also calls for greater equality of access to political freedoms and political power, breaking down stereotyping and discrimination, and improving access by the poor to justice systems and infrastructure. To level the playing field among countries, and thereby reduce global inequities that hurt the poor in developing countries, the report calls for removal of trade barriers in rich countries, flexibility to allow greater in-migration of lower-skilled people from developing countries, and increased -- and more effective -- development assistance.

Economic Growth in the 1990s

Economic Growth in the 1990s PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821360439
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.

Assessing Aid

Assessing Aid PDF Author:
Publisher: World Bank Publications
ISBN: 9780195211238
Category : Political Science
Languages : en
Pages : 164

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Book Description
Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Global Economic Prospects 2010

Global Economic Prospects 2010 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821382268
Category : Business & Economics
Languages : en
Pages : 187

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Book Description
“The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to achieve the kind of growth that can durably eradicate poverty.� —Justin Yifu Lin, Chief Economist and Senior Vice President The World Bank 'Global Economic Prospects 2010: Crisis, Finance, and Growth' explores both the short- and medium-term impacts of the financial crisis on developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. Even if, as appears likely, a double-dip recession is avoided, the recovery is expected to be slow. High unemployment and widespread restructuring will continue to characterize the global economy for the next several years. Already, the crisis has provoked large-scale human suffering. Some 64 million more people around the world are expected to be living on less than a $1.25 per day by the end of 2010, and between 30,000 and 50,000 more infants may have died of malnutrition in 2009 in Sub-Saharan Africa, than would have been the case if the crisis had not occurred. Over the medium term, economic growth is expected to recover. But increased risk aversion, a necessary and desirable tightening of financial regulations in high-income countries, and measures to reduce the exposure of developing economies to external shocks are likely to make finance scarcer and more costly than it was during the boom period. As a result, just as the ample liquidity of the early 2000s prompted an investment boom and an acceleration in developing-country potential output, higher costs will likely yield a slowing in developing-country potential growth rates of between 0.2 and 0.7 percentage points, and as much as an 8 percent decline in potential output over the medium term. In the longer term, however, developing countries can more than offset the implications of more expensive international finance by reducing the cost of capital channeled through their domestic financial markets. For more information, please visit www.worldbank.org/gep2010. To access Prospects for the Global Economy, an online companion publication, please visit www.worldbank.org/globaloutlook.

Our Common Future

Our Common Future PDF Author:
Publisher:
ISBN: 9780195531916
Category : Australia
Languages : en
Pages : 400

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Book Description


Papua New Guinea: Critical Development Constraints

Papua New Guinea: Critical Development Constraints PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9290925825
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
Papua New Guinea's economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium Development Goals. This raises the question of how the country can make its economic growth high, sustained, inclusive, and broad-based to more effectively improve its population's welfare. This report identifies the critical constraints to these objectives and discusses policy options to help overcome such constraints.

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization

Making Of An Economic Superpower, The: Unlocking China's Secret Of Rapid Industrialization PDF Author: Yi Wen
Publisher: World Scientific
ISBN: 9814733741
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.

Asia Rising

Asia Rising PDF Author: Hal Hill
Publisher: Edward Elgar Publishing
ISBN: 1781007985
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
'This book provides a coherent and current account of how India, Indonesia, Malaysia, Thailand, the Philippines and the People's Republic of China coped with the Asian financial crisis of the 1990s and the recent global economic recession, and how they may address future challenges in maintaining growth in difficult times. It features a valuable overview of issues from a regional perspective, five chapters on general elements and obstacles in development, and individual chapters on the experience of each of the six countries. Every chapter is replete with relevant institutional and statistical data. The volume fills a void in the literature and is highly recommended for graduate students and for economists concerned with contemporary Asia.' – Peter Drake, The University of New England and Australian Catholic University, Australia 'To understand what makes Asia tick in the face of continuing global uncertainty and instability one has to go beyond numbers into the region's psyche and idiosyncrasies. This volume provides an interestingly intrusive and refreshingly insightful analysis of a highly complex phenomenon that defies generalizations as shown by the diversity of individual country experiences.' – Mohamed Ariff, International Centre for Education in Islamic Finance (INCEIF), Malaysia The center of global economic activity is shifting rapidly towards Asia, driven by a combination of the economic dynamism of the People's Republic of China, India, and other middle-income Asian countries, and sluggish growth in the OECD economies. The rapid growth and rising global prominence have raised a range of major challenges for Asia and for the rest of the world. This comprehensive, forward-looking book examines these issues through in-depth studies of major Asian economies and an analysis of the key development policy options. The contributors, leading international authorities in their field, explore cross-cutting thematic issues with special reference to developing Asia. They address a broad range of subjects including: investment and productivity, savings and the savings–investment relationship, financial development, the provision of infrastructure, and governance and institutions. Detailed country studies focusing on the People's Republic of China, India, Indonesia, Malaysia, the Philippines, and Thailand not only provide an analytical narrative for each case study, but also draw attention to the similarities and diversity within the region. This challenging and thought-provoking book will prove an important point of reference for scholars, researchers, and students in the fields of economics, development economics, and Asian studies.