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WORLD ECONOMY GLOBALIZATION: INDONESIA’S FENOMENA, ACHIEVEMENT ITS RISK AND PROBLEM SOLVING

Budiono Gatut
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Budiono Gatut: University of Pancasila, Indonesia

Revista Economica, 2008, vol. 42-43, issue 5-6, 151-163

Abstract: Today Indonesia suffering huge debt and experience inefficient agriculture, oceanic even industrial product, prone to impediment its economic growth. Unmatch with world high mass and efficient productive industrial countries. Indonesia now is oil importer country, experience unbalance international trade, hamper its economy prosperity. World, US and EU business with Indonesia hopefully under equal mutually benefit. Indonesian democracy continues causing prolonged economic disturbance laws uncertainty results higher social cost driving away investors who should investing their capital to Indonesia. World economic forum have unbalance policy trading with indonesia pressing economy of Indonesia downward hard to compete future Globalization. In this coming future 10 years Indonesia keep uncompetitive facing global business.

Keywords: Indonesia; debt crisis; globalization (search for similar items in EconPapers)
Date: 2008
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