IMF Staff Country Reports

Indonesia: Selected Issues

August 7, 2024

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. Asia and Pacific Dept "Indonesia: Selected Issues", IMF Staff Country Reports 2024, 271 (2024), accessed November 21, 2024, https://doi.org/10.5089/9798400284663.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

This Selected Issues paper explores structural reforms to achieve high-income status in Indonesia. Indonesia aims to achieve high-income status by 2045. Efforts are needed to strengthen the quality of Indonesia's infrastructure and logistics, its business environment and lay the ground for an infrastructure base capable of supporting stronger economic activity. Achieving inclusive growth will require to minimizing human development gaps. This includes efforts to enhance heath, reduce labor vulnerability and informality, and gender gaps, so as to level up living conditions broadly, without dividing the population between those gaining from stronger growth and those left behind. The results indicate that external sector regulation and economic openness, governance, business regulation and human development areas should be implemented in priority, as they would enhance inclusiveness and support a leveling up of living standards for the country as a whole. Moreover, these reforms have been shown to be complementary and likely to deliver stronger output effects when bundled together.

Subject: Export diversification, Exports, International trade, Labor, Labor markets, Macrostructural analysis, Structural reforms

Keywords: Enterprises landscape, Estimation result, Export diversification, Exports, Financing barrier, Firm performance, Firms' access, Global, Labor markets, Medium enterprise, Structural reforms

Publication Details

You May Also Be Interested In...

Vietnam: Technical Assistance Report-Report on Residential Property Price Index Mission (April 22-26, 2024)

November 8, 2024

Dynamic Development Accounting and Relative Income Traps

November 1, 2024

Mexico: 2024 Article IV Consultation and Review Under the Flexible Credit Line Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Mexico

November 1, 2024

Inflation and Labor Markets: A Bottom-Up View

October 11, 2024