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Indonesian Economy Lags Far Behind

Monday, September 25, 2000

The world economy is growing faster than ever expected. Indonesia is failing to catch up with other countries as it is plagued by crises and produces no hot commodities.

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The political elite in this country may have every reason to keep squabbling, but the Indonesian economy is lagging far behind. This is not a state of affairs intended to scare Coordinating Minister for the Economy Rizal Ramli. The gloomy picture is reflected by a survey conducted by the Reuters news agency. The gist of the survey: While Asia’s economies are registering higher growth this year, Indonesia and Thailand have even had their g

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