Indonesia’s Economy Surges Ahead
March 11, 2008
Purbaya Yudhi Sadewa
DESPITE reports of an impending global slowdown and fears that Indonesia would suffer as a result, the Indonesian economy continued to surge ahead in the fourth quarter of 2007. What major factors lay behind it all? Will the Indonesian economy continue to grow apace?
The Indonesian economy grew at a rate of 6.5 percent in the fourth quarter of 2007, slightly lower, admittedly,