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Indonesia’s Recent Economic Development

Event | 21 August 2018 ADBI, Tokyo, Japan
Time of event



Indonesia has shown impressive economic growth since the late 1990s. It is one of the largest economies in the world in terms of purchasing power parity, and the largest economy in Southeast Asia. Now in the third phase of its 20-year development plan (2005–2025), Indonesia has increased public spending to tackle developmental issues such as education, health care, and other social assistance programs.

Partnering with Bank Indonesia (Central Bank) Tokyo Office, ADBI will host a seminar focusing on Indonesia’s economy, more than 10 years since the country launched its long-term development plan. Suahasil Nazara, chairman of the Fiscal Policy Agency, Ministry of Finance, Indonesia; and Mirza Adityaswara, senior deputy governor of the Board of Governors, Bank Indonesia will present updates on Indonesia’s economy. ADBI Dean Naoyuki Yoshino will deliver the opening remarks.

  • Provide updates on Indonesia’s economy to members of the academe and representatives from international organizations and think tanks
  • Promote discussion on the Indonesian economy
  • Academics from Tokyo University, Hitotsubashi University, Waseda University, and Keio University with an interest in Indonesia’s economy
  • Representatives from Japan’s Ministry of Finance Japan, Financial Services Agency, the Bank of Japan, the Japan Bank of International Cooperation, the Japan International Cooperation Agency, the World Bank in Tokyo, the International Monetary Fund in Tokyo, the Asian Development Bank Japan Representative Office, the Indonesia Embassy, and the Indonesia Student Association
  • Enhanced awareness of the state of Indonesia’s economy
  • Better understanding of Indonesia’s economy and the fiscal and monetary policies
  • Discussion on the fiscal and monetary policies as part of Indonesia’s long-term development plan
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Bank Indonesia Tokyo Representative Office