Indonesia's `Hidden' Economy

April 1, 2003

Kahlil Rowter*
*Lecturer, School of Economics - University of Indonesia

 

THE Indonesian Central Bureau of Statistics (CBS) needs to get its act together to regain credibility. If that sounds strong, let me paraphrase what Bloomberg said when CBS recently announced 2002 GDP figures: "… the market has ignored GDP figures coming from CBS as it is well recognized that published GDP numbers do not take into account the informal economy


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