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Thought for the day
Indonesia: A Major Success Story
Last updated: 23 March 2024
The Indonesian economy is estimated by World Economics to be
42.1% larger
than official data suggests, and is likely within the next three years to overtake Germany and Japan to become the world's fifth biggest economy.
Key potentially favourable indicators include a ten year record of rapid believable (as based on
useable data
) economic growth; a large domestic market of 281 million people; growth in GDP per capita significantly faster than other Emerging Markets; unusually low debt compared with other developing countries; and a young population profile.
Largest populations by country
Negative indicators include rising average annual temperatures in an already equatorial climate, relatively high inequality and corruption.
See the Indonesia Review...
More perspectives using World Economics data
Dire Demographics across the Americas
The Americas have seen some of the sharpest downturns in fertility rates globally from 1970 to the present. The rate in Mexico, Chile and Jamaica, for example, has fallen threefold across that period and is now below the replacement threshold. Most countries across the Americas are now also below the replacement threshold. This means population growth will stagnate creating, in turn, more elderly demo...
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The Places that Matter
Four areas of the world are now far ahead of all other places in both economic and political terms. They are China; the EU (although not a country it is a political and economic entity with many of the characteristics of a country); the USA and India. This list is in order of GDP size, calculated in Purchasing Power Parity terms with additional estimates for their Informal economies and for the age of...
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Poor Governance in the Global South
The Global South does not shine as a beacon of Good Governance. In the World Economics Global Governance rankings, the South registers badly, with only two countries (out of 99) rated A grade, only 14 countries rated as B Grade, and 54 rated D (poor) or E grade (pretty awful). The Global Governance Index combines the results of the independently generated Rule of Law Index (1); Press Freedom Index (...
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