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HomeHomework HelpeconomicsIndonesian Economic Development

Indonesian Economic Development

The analysis of Indonesia's economic growth, global trade relationships, and integration into international organizations, including its potential for development in areas such as tourism, digital economy, and renewable energy

intermediate
4 hours
Economics
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Overview

Indonesia's economic development is a multifaceted process that aims to improve the living standards of its population through various strategies, including enhancing infrastructure, promoting trade, and attracting foreign investment. The country has made significant strides in integrating into the ...

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Key Terms

Economic Development
The process of improving the economic well-being of a community or country.

Example: Investments in education and infrastructure are key to economic development.

Globalization
The process by which businesses develop international influence or operate on an international scale.

Example: Globalization has led to increased trade between Indonesia and other countries.

Foreign Direct Investment (FDI)
Investment made by a company or individual in one country in business interests in another country.

Example: Many foreign companies invest in Indonesia's manufacturing sector.

Sustainable Development
Development that meets the needs of the present without compromising the ability of future generations.

Example: Indonesia aims to achieve sustainable development through renewable energy projects.

Trade Agreements
Contracts between countries that outline the terms of trade between them.

Example: Indonesia has several trade agreements with ASEAN countries.

Economic Resilience
The ability of an economy to recover from shocks or crises.

Example: Building economic resilience is crucial for Indonesia in the face of natural disasters.

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Analyzes how climate change affects economic activities and development strategies.
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Microfinance in Indonesia
Examines the role of microfinance in supporting small businesses and reducing poverty.
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Key Concepts

Economic GrowthGlobal TradeInvestmentSustainability