While Asia’s emerging economies account for less than 30 per cent of global GDP, they contributed close to 60 per cent of global growth in 2011 and are expected to do the same in 2012. American economist Nouriel Roubini stated that Indonesia will be the tenth-largest economy by the end of the decade and could be the sixth-largest economy by 2030, while projections for other countries in the region also show high growth potential. But these country-level goals will only be realized if there is an enabling environment for the necessary investment and employment opportunities in the region.
This paper looks into the competitiveness of Indonesia’s economy in meeting the requirements for becoming a key economic world player as forecasted. The paper includes an overview of Indonesia’s economic performance, the challenges to the economy, and an analysis of Indonesia’s competitiveness.
I. Introduction
II. Methodology
III. Findings
i. Indonesia’s Present Performance and Future Forecast
ii. Challenges to the Indonesian Economy
iii. Competitiveness of Indonesia’s Economy
IV. Analysis
V. Conclusion
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