Still Good, but Risks Ahead
September 9, 2008
Purbaya Yudhi Sadewa
Amid rising food and fuel prices and talk of world economic recession, the Indonesian economy managed to grow, to everyone’s surprise, at a relatively high rate.
The economy grew 6.4 percent in the second quarter of this year, a little higher than 6.3 percent in the first quarter. On the expenditure side, household spending grew at an annual rate of 5.3 percent, investment at