Moving towards a better nation: resolving Indonesia's major economic obstacles

Indonesian economy has risen significantly since Asian financial crisis hit the nation in 1997-1998. 15 years after the crisis, Indonesia's average GDP growth was 5.4 percent, which was a tremendous rebound from -13% GDP growth in 1998. During global economic crisis between...

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Main Author: Chandra Wahjudi
Other Authors: Leonard Christopher Sebastian
Format: Theses and Dissertations
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/65013
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-650132020-11-01T08:22:16Z Moving towards a better nation: resolving Indonesia's major economic obstacles Chandra Wahjudi Leonard Christopher Sebastian S. Rajaratnam School of International Studies DRNTU::Business::International business::Asia Indonesian economy has risen significantly since Asian financial crisis hit the nation in 1997-1998. 15 years after the crisis, Indonesia's average GDP growth was 5.4 percent, which was a tremendous rebound from -13% GDP growth in 1998. During global economic crisis between the years 2007 to 2010, Indonesia did slightly better compared to other nations. It was also one of the countries that had positive economic growth besides People's Republic of China and India. However, with huge natural resources such as natural gas, coal, gold, other commodities and massive population, Indonesia should have had much higher growth than what it has accomplished. It is capable of having an average of 8 percent growth in the past 12 years. Yet despite of its abundant resources, Indonesia is unable to place itself in line with other countries to reach higher economic growth and could not optimize the benefit of flourished world economy between the years 2001 to 2007. This dissertation poses the following question: after 69 years of independence why Indonesia's economy is progressing at slower than expected rate. In answering this question the study examines some of the major obstacles that have hindered economic growth and prevents Indonesia from taking advantage of large resources base and human capital in the country. Master of Science (International Political Economy) 2015-06-10T06:06:50Z 2015-06-10T06:06:50Z 2014 2014 Thesis http://hdl.handle.net/10356/65013 en 65 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Business::International business::Asia
spellingShingle DRNTU::Business::International business::Asia
Chandra Wahjudi
Moving towards a better nation: resolving Indonesia's major economic obstacles
description Indonesian economy has risen significantly since Asian financial crisis hit the nation in 1997-1998. 15 years after the crisis, Indonesia's average GDP growth was 5.4 percent, which was a tremendous rebound from -13% GDP growth in 1998. During global economic crisis between the years 2007 to 2010, Indonesia did slightly better compared to other nations. It was also one of the countries that had positive economic growth besides People's Republic of China and India. However, with huge natural resources such as natural gas, coal, gold, other commodities and massive population, Indonesia should have had much higher growth than what it has accomplished. It is capable of having an average of 8 percent growth in the past 12 years. Yet despite of its abundant resources, Indonesia is unable to place itself in line with other countries to reach higher economic growth and could not optimize the benefit of flourished world economy between the years 2001 to 2007. This dissertation poses the following question: after 69 years of independence why Indonesia's economy is progressing at slower than expected rate. In answering this question the study examines some of the major obstacles that have hindered economic growth and prevents Indonesia from taking advantage of large resources base and human capital in the country.
author2 Leonard Christopher Sebastian
author_facet Leonard Christopher Sebastian
Chandra Wahjudi
format Theses and Dissertations
author Chandra Wahjudi
author_sort Chandra Wahjudi
title Moving towards a better nation: resolving Indonesia's major economic obstacles
title_short Moving towards a better nation: resolving Indonesia's major economic obstacles
title_full Moving towards a better nation: resolving Indonesia's major economic obstacles
title_fullStr Moving towards a better nation: resolving Indonesia's major economic obstacles
title_full_unstemmed Moving towards a better nation: resolving Indonesia's major economic obstacles
title_sort moving towards a better nation: resolving indonesia's major economic obstacles
publishDate 2015
url http://hdl.handle.net/10356/65013
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