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Republic of Indonesia

Garcia, Homyr Jr. L.


Natividad, Genesis Joy A.
Pinlac, Christine Mae F.
Rendon, Anne Margaret A.
Tabunda, Hannah Leigh M.
Ubay, Ma. Chelca O.
TheHistoryofIndonesia's
Development
startedwhenIndonesiagainedfreedomin1945

1945to1949

1949to1959

1959to1966

1996to1998

1998toPresent
DevelopmentinIndonesia

Theprocessofnationaldevelopmentisaprocessofcultural
andsocialchange.
Adevelopmentthatleadstoanimprovedprocesswhich
enablesongoinggrowth(aselfsustainingprocess)dependson
peopleandsocialstructuresandespeciallyonnationalleaders.
Theimpactofthepoliticalsituationoneconomicgrowthis
illustratedbythefactthat,withouttheleadersstrong
commitmenttoeconomicdevelopment,noviableeconomic
plancanbeadopted,andthenecessarypreplanstepscannot
betaken.
TheElementsofIndonesian
Development
HumanResources
Weaknesses
populationgrowthisveryhigh
theageofinhabitantsisnotfavourable
thedistributionofpopulationisnotbalanced
qualityofinhabitantsisverylow
Capital
- SocialSaving(VoluntarySaving)
- ForcedSaving
- GovernmentSaving
- ForeignLiabilities
- InvisibleTax(Inflation)
- andForeignInvestment
Technology
TheRoleofEntrepreneurship
Challenges
Prioritizing Fiscal Stability
Spending on Infrastructure is Extremely
Low
Public- Private Partnerships (not
delivered)
Poor Quality of Basic Education
Corruption

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