The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income countries, according to the latest OECD Economic Survey of Indonesia.
Mr. Gurría presented the 2015 OECD Economic Survey of Indonesia as well as the publication Education in Indonesia: Rising to the Challenge. The Secretary-General also delivered opening remarks at the Southeast Asia Regional Forum on “Regional Integration and Openness” and held high-level bilateral meetings including with Mr. Jusuf Kalla, Vice-President of Indonesia.
Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.
While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.
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The ability to measure innovation is essential to an improvement strategy in education. This country note analyses how the practices are changing within classrooms and educational organisations and how teachers develop and use their pedagogical resources.
Specific country notes have been prepared using data from the database OECD Health Statistics 2014, June 2014 version. The notes are available in PDF format.
Tax revenues are currently rising as a proportion of national incomes in Indonesia and Malaysia but continue to be substantially lower than for Korea, Japan and other OECD countries, according to a new OECD report.
The region has been one of the most dynamic and fastest-growing areas in the world. GDP is projected to grow by 5.4% per year on average during 2014-18, and significant gains have been made in terms of poverty eradication and human development. But more should be done to ensure sustained growth and continued convergence in living standards towards the mature economies, said OECD Secretary-General.
OECD Secretary-General, will be in Denpasar to attend the OECD Southeast Asia Regional Forum, on 25-26 March 2014. Mr. Gurría will also meet with several officials from Indonesia and other countries attending the Forum.
Organised in Bali on 24-25 March 2014, this forum addresses regional competitiveness for sustained growth. Individual sessions will discuss investment policy and promotion; SME policies; public-private partnerships; regulatory reform; and, innovation. These discussions will contribute to the objectives of the 2015 ASEAN Economic Community.