US ‘tapering’ adds to Indonesia’s problems in election year
The US Federal Reserve’s decision to begin cutting back on quantitative easing came as Indonesia - Southeast Asia’s largest economy – faced challenges including a widening current account deficit, inflation and falling demand for its commodities. GIS guest writer Yang Razali Kassim says Jakarta fears that Washington ‘tapering’ could lead to large capital outflows as it prepares for elections in 2014.
AS INDONESIA enters 2014 - an election year which will see President Susilo Bambang Yudhoyono stepping down - its economic policymakers are keeping a wary eye on the US Federal Reserve’s monetary stimulus policy, know...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.