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Hal Hill: Indonesia Should Not Fear Globalization

Monday, January 29, 2024

Professor Hal Hill assesses the Indonesian economy as having progressed adequately. Yet it is still not competitive enough compared to Vietnam and Thailand.

arsip tempo : 172088853410.

Hal Hill Photo: Australian Minister for Foreign Affairs . tempo : 172088853410.

Hal Hill, who authored The Indonesian Economy (2000), considers the country’s economy under President Joko Widodo as having progressed well with an average annual growth of 5.2 percent. Neither was Indonesia on the list of developing countries predicted by the International Monetary Fund (IMF) to suffer a debt crisis. Yet despite this progress at the macro level, Hal Hill sees problems on the micro scale.

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