July 2014: Hard choices
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Sections in this edition
- El Ni?o, forest fires and haze: the imperatives for concrete action (page 22)
- New purchasing power parity-adjusted estimates of Indonesia’s economy (page 29)
- Inequality and opportunity in Indonesia (page 33)
Special topic boxes
- Recent challenges in Indonesia’s commodity export sector (page 10)
- Weak revenue performance has had a marked negative impact on the fiscal balance in recent years (page 13)
- Peat, peatland and peat fires (page 23)
- El Ni?o and ENSO (page 25)
- The challenge of measuring inequality and comparing across countries (page 35)
- Main findings from new research on risk and risk management in Indonesia (page 42)
March 2014: Investment in Flux
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Sections in this edition
- A closer look at Indonesia’s unprocessed mineral export ban (page 19)
- Applying a rapid risk diagnostic approach for building disaster and climate resilience in Indonesia’s growing cities (page 29)
- Indonesia: Avoiding the trap (page 35)
Special topic boxes
- The determinants of Indonesia’s import demand: investment and exports are important (page 10)
- A Taylor Rule perspective on Indonesia’s monetary policy stance (page 11)
- Following last year’s subsidized fuel price increase, more fuel subsidy reform is needed (page 16)
- International experience in promoting downstream mineral processing (page 28)
December 2013: Slower growth; high risks
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Sections in this edition
- A closer look at the 2014 Budget (page 23)
- An update on poverty in Indonesia (page 28)
- The labor market in Indonesia: recent achievements and challenges (page 32)
- Local capacity and development in Indonesia (page 38)
Special topic boxes
- The potential near-term impact of the proposed ban on unprocessed mineral exports on
- Indonesia’s trade balance (page 13)
- Update on the policies to improve the investment climate in Indonesia (page 22)
- BLSM, Susenas and measuring poverty (page 29)
- Local Level Institutions Studies methodology (page 40)
October 2013: Continuing adjustment
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Sections in this edition
- The Government's August policy package (page 25)
- Enhancing connectivity through improved port performance (page 30)
- Estimating the stock of infrastructure in Indonesia (page 36)
- Local governance and education performance (page 44)
Special topic boxes
- An update on unconditional cash transfers and the poverty rate (page 20)
- The fiscal impact of changes in the Rupiah exchange rate and oil prices (page 22
- The sensitivity of GDP growth to investment (page 24)
- Methodological note on estimating infrastructure capital stock in Indonesia (page 39)
- Empirical studies on the links between public and infrastructure capital stocks and growth (page 40)
- The effect of capacity development grants provided to district education offices (page 48)
July 2013: Adjusting to Pressures
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Sections in this edition
- Examining the fuel subsidy compensation package (page 26)
- Indonesia’s challenge: implementing the new social security system (page 34)
- Indonesia: Facing up to the Double Burden of Malnutrition (page 40)
- Bureaucracy reform in Indonesia: progress and pitfalls (page 46)
Special topic boxes
- China’s proposed ban on low quality coal imports poses a risk to coal exports (page 21)
- External debt levels remain modest but liquidity risk has risen (page 22)
March 2013: Pressures mounting
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Sections in this edition
- A closer look at the preliminary 2012 budget outturn (page 23)
- Understanding the value-added in Indonesia’s trade (page 27)
- Preparing for Indonesia’s urban future: harnessing agglomeration economies (page 31)
- Piecing together the picture of Indonesia’s infrastructure investment needs (page 37)
Special topic boxes
- Property prices, lending growth and risks to financial stability (page 11)
- A look at the drivers of increasing beef prices in Indonesia (page 13)
- Serious floods in Jakarta caused tragic loss of life, and also serious economic disruption and price increases (page 15)
- Indonesia’s changing import mix: the growth of capital goods imports and the growing role of Asia (page 30)
December 2012: Policies in Focus
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Sections in this edition
- Will rising minimum wages affect job creation in Indonesia (page 21)
- Indonesia’s successes in disaster reconstruction and preparedness (page 32)
- Building Jakarta’s resilience to frequent flooding (page 27)
- Village infrastructure for basic service delivery (page 37)
Special topic boxes
- Indonesia’s new Food Law (page 8)
- Why has the depreciating Rupiah not had a greater impact on inflation? (page 11)
- Developments in Indonesia’s corporate governance framework (page 13)
- Labor regulations: a “plateau” effect (page 24)
- The impact of the major 2007 flood on Jakarta (page 28)
- Rekompak – community-led reconstruction (page 34)
- A note on reliability in the Supply Readiness Rankings (page 38)
October 2012: Maintaining Resilence
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Sections in this edition
- Indonesia’s manufactured exports: near-term, dynamics and longer-term trends (page 18)
- The 2013 proposed Budget and the allocation of spending (page 23)
- Drivers behind the rapid growth of government personnel expenditure (page 30)
- The Higher Education Law, a milestone achieved but still a difficult road ahead (page 34)
Special topic boxes
- The Unified Database–towards better targeted social assistance programs (page 16)
- Medium-term trends in Indonesia’s manufactured exports (page 20)
July 2012: Rising to Present and Future Challenges
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Sections in this edition
- Drivers and implications of recent trends in Indonesia’s current account (page 21)
- Identifying the constraints to budget execution in the infrastructure sector (page26)
- Investing in Indonesia’s roads (page 31)
- The role of the global marketplace in enhancing domestic competitiveness (page 36)
Special topic boxes
- Commercial property prices have been increasing strongly, while residential price growth has come down (page 9)
- The “China effect” on global commodity prices (page 20)
- What is the current account balance? (page 22)
- Do local manufacturing firms benefit from greater integration? Some case studies from Jakarta and Surabaya (page 37)
- The potential benefits of input quality and variety for manufacturing competitiveness (page 40)
April 2012: Redirecting Spending
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Sections in this edition
- 2011 budget performance – a brief review (page 17)
- Doing Business in Indonesia 2012 (page23)
- Building Indonesia’ social safety net (page 27)
- Turning quantity into quality in education (page 36)
- Gender equality is smart economics (page 42)
Special topic boxes
- The proposed fuel price increase (page 6)
- Fuel subsidies are highly regressive with most benefits going to wealthier households (page 8)
- Looking back to previous fuel price increases (page 11)
- Key features of Indonesia’s new Land Acquisition Law (page 22)
- About Doing Business and Doing Business in Indonesia 2012 (page 24)
- Indonesia’s household-based social assistance programs (page 29)
- BLT and BLSM (page 33)
December 2011: Enhancing preparedness, ensuring resilience
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Sections in this edition
- A 2012 Budget focusing on crisis preparedness and medium-term development (page 17)
- The BJPS Law and the transformation of Indonesia social security structure (page 23)
- Indonesia’s manufacturing sector: Floating or reviving? (page 28)
- Innovation and R&D in Indonesia (page 37)
Special topic boxes
- The passage of the OJK Law (page 8)
- Crisis preparedness measures in the 2012 Budget (page 18)
- The macroeconomic assumptions for the 2012 Budget and medium-term expenditure framework (page 19)
- How do exports of manufactured goods respond to macro-economic incentives? (page 31)
- Recent manufacturing pick up due to strong domestic demand and favorable international developments (page 34)
- An improved investment climate can increase the productivity gains from foreign R&D spillovers (page 36)
- Competitive research grants (page 41)
October 2011: Turbulent Times
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Sections in this edition
- The potential spillovers from the deteriorating global outlook to Indonesia (page 17)
- Using PPPs to address Indonesia infrastructure challenges (page 24)
- Sub-national spending is not delivering (page 30)
- Identifying constraints to inclusive growth in East Java (page 38)
Special topic boxes
- Potential benefits of PPPs for delivery of infrastructure services (page 24)
- PPP experience in India (page 28)
- An overview of current transfer mechanisms in Indonesia from the central to subnational governments (page 32)
- A brief introduction to inclusive growth diagnostics (page 39)
June 2011: Current Challenges, Future Potential
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Sections in this edition
- ASEAN 2011: Indonesia’ Chairmanship (page 18)
- The revival of foreign direct investment (FDI) into Indonesia? (page 21)
- Addressing Indonesia’s infrastructure challenges to enhance competitiveness and growth (page 28)
- Connectivity and the Master Plan 2011-2025 (page 32)
Special topic boxes
- Recent rice price developments in Indonesia (page 7)
- Indonesia’s potential in the multi-polar world (page 17)
- Different sources of data on FDI inflows into Indonesia (page 23)
- Optimistic outlook, but challenges remain: the views of Japanese-affiliate companies in Indonesia (page 26)
- The literature on infrastructure and growth a very brief overview (page 31)
- Geographical distance versus economic distance in Indonesia (page 36)
March 2011: 2008 Again?
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Sections in this edition
- Recent rises in food prices and their impact on poor and vulnerable households (page 18)
- Indonesia’s fuel subsidies: past experience and lessons from other countries (page 24)
- Indonesia’s changing patterns of consumption growth from 1996 to 2010 (page 31)
- Looking towards a rising middle class in Indonesia (page 38)
Special topic boxes
- Global oil price developments and Indonesia (page 2)
- Nominal investment trends in Indonesia (page 5)
- A snapshot of the changing patterns of Indonesia’s exports (page 8)
- The case study of the evolution of Bangladesh’s food policy (page 22)
- A brief introduction to growth incidence curves (page 32)
- There are several measures of inequality which seek to capture the distribution of households’ economic outcomes (page 35)
December 2010: Maximizing Opportunities, Managing Risks
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Sections in this edition
- Managing capital inflows: Policy options for Indonesia (page 12)
- Quality of public spending and disbursement profile in Indonesia (page 16)
Special topic boxes
- Moody’s puts Indonesian government bonds on review for ratings upgrade (page 5)
- Allocation and spending for the Ministry of Health (page 18)
- Enhancing internal control and supervision can improve quality of spending (page 19)
- A brief introduction to the Jamkesmas program (page 28)
September 2010: Looking Forward
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Sections in this edition
- Update on the ASEAN-China Free Trade Agreement (page 21)
- Piercing together insights into the movements in household purchasing power (page 26)
- Medium-term macroeconomic projections (page 30)
Special topic boxes:
- Recent rice price developments (page 11)
- The July 2010 electricity tariff adjustment : a modest first step to better targeted energy subsidies at a lower burden on the budget (page 17)
- Focus on Micro, Small and Medium Enterprises (MSMEs) (page 37)
- Severance Reform Options (page 43)
- PNPM Generasi Target Indicators (page 49)
June 2010: Continuity Amidst Volatility
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Sections in this edition
- High lending rates and net interest margins in Indonesia: The sky’s the limit? (page 23)
- How the GDP deflator has diverged from the CPI in the late 2000s, and what this means for projecting the government’s revenues (page 29)
- Commodity price movements are large and hard to forecast...and matter for Indonesia’s growth, inflation and public finances (page 34)
- While commodity prices fluctuations mostly affect prices and the nominal economy in the short-term, there is some response in real activity (page 36)
Special topic boxes
- How a stronger Chinese Renmimbi would impact Indonesia’s economy (page 5)
- A new tax on cocoa exports (page 19)
- Climate change issues: land use change and forestry (page 42)
Mar 2010: Building Momentum
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Sections in this edition
- Estimating the impact of Indonesia’s fiscal stimulus (page24)
- The ongoing implementation of the ASEAN-China free trade agreement (page 27)
- Capital inflows and central bank sterilization (page 32)
- The impact of Indonesia’s ’20 per cent rule’ on the level and quality of education spending (page 35)
Special topic boxes
- Identifying the regular fluctuations in Indonesia’s Financial Account (page 7)
- The rise and fall of the international crude palm oil price has had a dramatic impact on export duties (page 15)
Dec 2009: Back on track?
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Sections in this edition
- Some recent developments in Indonesia’s Economy (page 21)
- Indonesia’s trade flows through the global crisis: from peak to trough and back again (page 21)
- The rupiah since late 2008: the scale of its movement and the driving factors (page 23)
Special topic boxes
- The economy’s slowdown in late 2008 and 2009 has had a disproportionate impact on VAT revenues (page 20)
September 2009: Clearing Skies
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Sections in this edition
- Looking ahead – a gradual recovery (page 18)
Special topic boxes
- Seasonal adjustment and enhanced economic monitoring (page 3)
- The government’s proposed 2010 budget (page 26)
- Estimating the impact of El Nino on poverty (page 28)
June 2009: Weathering the Storm
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Sections in this edition
- The Impact of the Global Crisis on Indonesia: Looking Ahead (page 23)
Special topic boxes:
- The government’s stimulus package (page 29)
- Classifying expenditure types – what the terms mean (page 31)
- A primer on trade finance (page 33)