Asia's Third Giant: A Survey of the Indonesian Economy

Hill, Hal

doi:10.1111/1475-4932.12439

Cited by 21 publications

(14 citation statements)

References 83 publications

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“…It might be conjectured that poverty would be less responsive to growth during the authoritarian, centralized Soeharto regime compared to the democratic regime after 1999, which also saw the introduction of modest social welfare transfers. Yet, summarizing this literature, I have argued elsewhere that many of the Soeharto era policies were actually pro-poor (Hill 2000(Hill , 2018. Moreover, political theory informs us that there is no guarantee under democracy that the voting preferences of the majority would necessarily attach a high weight to the welfare of the bottom 10%-20% of the population in terms of income distribution.…”

Section: Cmentioning

confidence: 99%

What's Happened to Poverty and Inequality in Indonesia over Half a Century?

Hill

2021

Asian Development Review

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Indonesia has achieved moderately fast economic growth for most of the past 50 years. Has this growth translated into rising living standards? This is the question that is addressed in this paper. The conclusion is a qualified yes. The caveat is attached for two reasons: (i) philosophically, the definition of living standards remains a subject of considerable conjecture, and (ii) not all social indicators point in the same direction. I focus primarily on trends in measurable indicators of human welfare, particularly poverty and inequality. Combined with major improvements in the coverage and quality of the country's statistics, and a now extensive literature, it is possible to document, and in some cases explain, trends in living standards in some detail. I also investigate whether (and how) the sudden swing during 1999–2001 from an authoritarian and centralized regime to a democratic and decentralized era impacted significantly on these trends.

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Section: Cmentioning

confidence: 99%

What's Happened to Poverty and Inequality in Indonesia over Half a Century?

Hill

2021

Asian Development Review

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“…If high redundancy costs restrict FDI, they may reduce worker productivity and thus long-run living standards. Hill ( 2018 ) also noted that onerous severance pay requirements in Indonesia reduce formal sector employment growth and increase dualism between wealthier formal sector workers and poorer informal sector workers.…”

Section: Increasing Manufacturing Exportsmentioning

confidence: 99%

“…Yoshitomi ( 2003 ) noted that entrepreneurs and workers learned new ways of organizing economic activity and acquired new skills. Hill ( 2018 ) reported that productivity and wages in Indonesia grew rapidly after it embraced a labor-intensive, export-oriented industrialization strategy.…”

Section: Increasing Manufacturing Exportsmentioning

confidence: 99%

The weak rupiah: catching the tailwinds and avoiding the shoals

Thorbecke

2020

J. Soc. Econ. Dev.

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The Indonesian rupiah depreciated 50% between July 2011 and February 2020. Blanchard et al. (Are capital inflows expansionary or contractionary? Theory, policy implications, and some evidence. NBER Working Papers 21619, National Bureau of Economic Research, Cambridge, MA, 2015) showed that capital outflows from emerging markets can reduce output by increasing the cost of financial intermediation and can increase output by increasing net exports. Regression results indicate that Indonesian banks are exposed to depreciations, but that exports are not stimulated by depreciations. The findings also indicate that Indonesia's export price index is positively correlated with commodity prices and negatively correlated with manufactured goods prices. Exporting more manufactures would reduce Indonesia's exposure to volatile commodity prices and allow depreciations to stimulate exports. This paper considers several steps that Indonesia could take to increase its manufacturing exports.

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“…The contribution of MSMEs to the Indonesian economy includes the ability to absorb 97% of the total workforce and can collect up to 60.4% of the total investment. However, the high number of MSMEs in Indonesia is also inseparable from the existing challenges (Hill, 2018). To answer this challenge, the government has implemented a number of MSME support programs, including incentive and financing assistance through the PEN program, People's Business Credit, the Proudly Made in Indonesia National Movement (Lin, 2018), Digitalization of MSME marketing, strengthening alumni entrepreneurs of the Pre-Employment Card Program through KUR Financing, and including a long-term strategy to raise the MSME class through the Job Creation Law (Gunawan, M., Asyahira, R., & M Sidjabat, 2020).…”

Section: Introductionmentioning

confidence: 99%

Impact of digital literacy and market orientation through e-commerce adoption on the MSME performance moderated by O2O business adoption

Suryani

Abdinagoro

Arief

et al. 2021

ICFBE

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<p><em>This study aims to examine the influence of digital literacy and market orientation on MSME performance mediated by E-commerce adoption with O2O Business as a Moderating variable. The population in this study are all MSMEs that have collaborated with E-Commerce. The sample in this study was obtained using a quota sampling technique, which only limited data acquisition to 100 MSMEs of E-Commerce partners. Data is obtained by distributing questionnaires to respondents through online. The collected data is then analysed using Path analysis assisted by the Smart PLS application. The result shows that Digital Literacy and Market Orientation have a significant positive effect on E-Commerce Adoption, then E- Commerce Adoption, Market Orientation and Digital Literacy have a significant positive effect on Performance MSMEs, Digital Literacy, Market Orientation and E-commerce adoption has a significant positive effect on MSME Performance moderated by O2O Business Adoption. Understanding of market orientation and digital literacy in running a business can have an impact on customer satisfaction which then has an impact on improving MSME performance. Researchers who want to review the topic in this study can conduct a correlation test on a larger scale to get a more detailed picture of the impact of digital literacy and market orientation on MSMEs and other sectors.</em></p>

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Asia's Third Giant: A Survey of the Indonesian Economy

Cited by 21 publications

References 83 publications

What's Happened to Poverty and Inequality in Indonesia over Half a Century?

What's Happened to Poverty and Inequality in Indonesia over Half a Century?

The weak rupiah: catching the tailwinds and avoiding the shoals

Impact of digital literacy and market orientation through e-commerce adoption on the MSME performance moderated by O2O business adoption

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