PLANNING FOR THE END OF THE CONSTRUCTION BOOM AND TRANSITION TO A NORMAL ECONOMY IN ACEH AND NIAS

Robert Rice

No 07-07, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: There is a very real danger that the transition from the Construction Boom in 2009 to a rapidly growing sustainable normal economy in Aceh will not happen unless both preventive and effective constructive measures are implemented during the coming two years. Instead what could easily happen is a collapse into a deep recession caused by the economy of Aceh being uncompetitive relative to the rest of Indonesia because of its high costs and because in anticipation of this high cost economy situation insufficient investments were made by the private sector in 2006 and the coming two years.

Pages: 23 pages
Date: 2007
New Economics Papers: this item is included in nep-sea and nep-ure
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