Indonesia is a country that
contains great economic potential; a potential that has not gone
unnoticed to part of the international community. Indonesia - Southeast
Asia's largest economy - is increasingly mentioned as an appropriate
candidate to be included in the BRIC countries (Brazil, Russia, India
and China) as the country is rapidly showing signs of similar newly
advanced economic development. Recently, a new set of emerging economies
has gained public attention. Members of this set are countries that
contain promising markets with diverse economies, reasonably
sophisticated financial systems and fast-growing populations. These
countries are grouped under the acronym CIVETS (Colombia, Indonesia,
Vietnam, Egypt, Turkey and South Africa), and its combined Gross Domestic Product is predicted to account for half the global economy by 2020.
Another important example of
international recognition regarding Indonesia's economy is the recent
upgrades in the country's credit ratings by international financial
services companies such as Standard & Poor's, Fitch Ratings and
Moody's. Resilient economic growth, low government debt and prudent
fiscal management have been cited as reasons for the upgrades and are
key in attracting financial inflows into Indonesia: both portfolio flows
and (significant increasing) foreign direct investments (FDI). These
FDI inflows, which had been relatively weak for Indonesia during the
decade after the Asian Financial Crisis had seriously shaken up the foundations of the country, showed a steep increase after the global financial crisis of 2008-2009.
comments:
Indeed, Indonesia has a great economics potential. This can be evidenced with companies in Indonesia is growing. with 'The more developed society is expected to carry the name neither of Indonesia for global economy.
course:
http://www.indonesia-investments.com/culture/economy/item177
