Commentary: Indonesia requires the right policies for rough times to lift its middling growth

Taiwan

Indonesia’s economic growth has averaged 5 per cent in the last decade, placing it well below past peak growth rates of Asian economies the country seeks to emulate. Yet change is possible, says its former finance minister M Chatib Basri. JAKARTA: Good, but not exceptional. This captures the essence of Indonesia’s current economic performance . Though the nation’s 5 per cent growth rate is solid by global standards, it falls short of countries like India, Vietnam and the Philippines. Indonesia

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