Regions and Countries

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p. 3 of 15 BACK | NEXT Map Executive Summary I. Recent Economic Developments A. Growth, Employment, Savings, and Investment B. Fiscal Developments C. Monetary Developments and Prices D. Financial Sector Development E. External Trade and Balance of Payments II. Short and Medium-Term Economic Prospects and Policy Issues III. Corruption as a Challenge to Development Appendix

Country Economic Review - Indonesia

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I. Recent Economic Developments¹

1. Real gross domestic product (GDP) growth in 2001 was at 3.3 percent%. It fell was down considerably from the a strong 4.8 percent% growth in 2000, which . The 2000 experience representeded a delayed rebound from the East Asian Ffinancial Ccrisis in 1997-1998, but and the relatively good performance could not be maintained given investor uncertainty and weakening external markets. Strong growth in private consumption and public expenditure accounted for most of the growth in 2001, offsetting emerging weaknesses in business investment and external markets.

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¹This report was prepared by the Indonesia Resident Mission, D. Green, lead economist and principal author, with contributions from the Regional Economic Monitoring Unit and A. Abdulkadir, economist IRM.

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