Soal Simak UI 2009 Bahasa Indonesia Paket 4

A gradual improvement of the recovery process has started since 2000, reflected in the stable inflation and exchange rate, reduction in the debt-to-GDP ratio and a manageable fiscal deficit in the last 5 years. Furthermore, Growth of GDP as represent of economic performance reached to 4.9% over the 6 years since 2000. In a policy side, fiscal and monetary policies have always shown a reasonably conservative. Inflation rates were low by developing country standards, budgets were reasonably controlled in most cases, and government debt levels were generally not excessive. Furthermore, these achievements also indicate to the strong commitment to sound economic policies.
However, a stable macroeconomic condition in Indonesia has not been accompanied with robust or quality economic growth because consumption remains the primary driving force in economic growth. This situation has been identified as consequence of supply side rigidities which also make monetary and fiscal policy can not be optimally used to push a higher economic growth. Furthermore, in the banking sector, an underperforming intermediation function continued to overshadow industrial performance. Consequently, economic growth in recent years was not followed by a significant reduction in unemployment and poverty and had little effect on income disparities.
The section two considers the economic performance in Indonesia from 2000-2006. The section three reveals the recent challenges to economic policy. 2. Snap-Shot of Economic Performance in Indonesia







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