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World Economy Globalization: Indonesia’S Fenomena, Achievement Its Risk And Problem Solving

Author

Listed:
  • Budiono Gatut

    (University of Pancasila, Indonesia)

Abstract

Today Indonesia suffering huge debt and experience inefficient agriculture, oceanic even industrial product, prone to impediment its economic growth. Unmatch with world high mass and efficient productive industrial countries. Indonesia now is oil importer country, experience unbalance international trade, hamper its economy prosperity. World, US and EU business with Indonesia hopefully under equal mutually benefit. Indonesian democracy continues causing prolonged economic disturbance laws uncertainty results higher social cost driving away investors who should investing their capital to Indonesia. World economic forum have unbalance policy trading with indonesia pressing economy of Indonesia downward hard to compete future Globalization. In this coming future 10 years Indonesia keep uncompetitive facing global business.

Suggested Citation

  • Budiono Gatut, 2008. "World Economy Globalization: Indonesia’S Fenomena, Achievement Its Risk And Problem Solving," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 42(5-6), pages 151-163.
    • Handle: RePEc:blg:reveco:v:42-43:y:2008:i:5-6:p:151-163
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