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Indonesia Economic Quarterly, March 2015 : High Expectations
英文名称:
作者:
World Bank
工作单位:
类型:
世界银行报告
来源地址:
http://hdl.handle.net/10986/22505
关键字:
TOTAL REVENUE PURCHASE PRICE MONETARY POLICY RISKS GOVERNMENT EXPENDITURES ECONOMIC GROWTH COMMODITY EXPORT PRICE LEVELS PRODUCTION PRICE INCREASES DEFLATION PHILLIPS CURVE INCOME MACROECONOMIC MANAGEMENT PROJECTIONS EXPECTATIONS INTEREST RATE REAL GDP EXCHANGE CORPORATE PROFITS GDP PER CAPITA LIQUIDITY EXPORTS PRODUCTION INCREASES PORTFOLIO FISCAL POLICY WELFARE RISK PREMIUM BONDS GROSS VALUE INCENTIVES MACROECONOMIC CONDITIONS VARIABLES PRICING SUBSIDY PRICE BENCHMARKS INPUTS RETURNS TO SCALE PAYMENTS WEALTH CENTRAL BANKS INFLATION TRENDS CENTRAL BANK MARKET PARTICIPANTS DEVELOPMENT MACROECONOMIC STABILITY TRADE BALANCE TOTAL FACTOR PRODUCTIVITY COSTS EXPORT GROWTH RENT CONSTANT RETURNS TO SCALE PRODUCTIVITY CRITERIA DEBT MARKETS NET EXPORTS POTENTIAL OUTPUT TRADE POLICY TAX REVENUES REAL INTEREST RATE INVENTORIES NATURAL RESOURCES BANK CREDIT AVERAGING GROSS DOMESTIC PRODUCT SUBSIDIES COMMODITY PRICE TAXES FISCAL DEFICIT PROFIT MARGIN UNEMPLOYMENT INCOME TAXES COMMODITY EXPORTS PRODUCTIVITY GROWTH CONSUMPTION GROSS FIXED CAPITAL FORMATION HUMAN CAPITAL OPPORTUNITY COST CAPITAL WAGES WHOLESALE PRICES ECONOMIC OUTCOMES UNEMPLOYMENT RATE FINANCIAL CRISIS VALUE COMPETITIVENESS CREDIT MACROECONOMICS TRADE DEFICIT DEMAND AGGREGATE DEMAND EXCESS DEMAND ECONOMY AGRICULTURE CONSUMERS MEASUREMENT SHARES BENCHMARK MONETARY POLICIES PRODUCTION FUNCTION OUTPUT GOVERNANCE TAXATION TRADE GOVERNMENT BONDS GDP ECONOMIC ASSUMPTIONS GOODS ECONOMIES OF SCALE BANK LOANS FINANCIAL MARKET GROWTH RATE ECONOMIC EXPANSION INVESTMENT NATURAL RESOURCE SHARE COMPARATIVE ADVANTAGE ECONOMIC INFORMATION SUPPLY ECONOMIC TRENDS REVENUE CONSUMER PRICE INDEX TOTAL OUTPUT GDP DEFLATOR COMMODITY PRICES OUTCOMES COMMODITY PRICES BENEFITS PRODUCTION COSTS DEVELOPMENT POLICY Report Rapport Informe
年份:
2015
发布时间:
学科分类:
出版地:
Washington,USA
总页数:
语种:
English
信息来源:
摘要:
Effective January 1, 2015, Indonesia's new government took the decisive step ofimplementing a new fuel pricing system, dramatically reducing gasoline and dieselsubsidy costs. This paved the way for the government's first budget, passed inFebruary, to shift spending towards development priorities, especially infrastructure,the allocation for which is double the 2014 outturn. Successful implementation ofthe bold vision of the budget, however, will require overcoming administrativeconstraints to spending and dramatically lifting revenue collection performance.Achieving this, and having the benefits flow through into faster economic growthand poverty reduction, is likely to take time, especially with the pace of sustainableeconomic growth having slowed, due partly to lower commodity prices. Beyond thefiscal sector, reforms taken in the first months of the government's term in keyareas such as investment licensing also face complex challenges to make operational.The government has signaled its strong reform intentions, and raised expectations.Early progress will now need to be consolidated by effectively implementing majorreforms and the budget posture, against a still-challenging global economicbackdrop for Indonesia.

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