2 years, 2 months ago
indonesia economy
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$1 Answer
Indonesia was able to manage the recession because of its heavy reliance on domestic consumption as the driver of economic growth. Some additional info given below.
---quote---
The government used fiscal stimulus measures and monetary policy to counter the effects of the crisis and offered cash transfers to poor families.
Indonesia's debt-to-GDP ratio in recent years has declined steadily because of increasingly robust GDP growth and sound fiscal stewardship.
---end quote---
Please read further through
http://www.theodora.com/wfbcurrent/indonesia/indonesia_economy.html
---quote---
The government used fiscal stimulus measures and monetary policy to counter the effects of the crisis and offered cash transfers to poor families.
Indonesia's debt-to-GDP ratio in recent years has declined steadily because of increasingly robust GDP growth and sound fiscal stewardship.
---end quote---
Please read further through
http://www.theodora.com/wfbcurrent/indonesia/indonesia_economy.html
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$Report Abuse
