It is a pleasure to welcome you during a seminal week for the OECD’s relationship with Indonesia and the wider Southeast Asia region. The OECD’s relationship with Indonesia has blossomed in recent years, reflecting both the country’s economic dynamism and its growing role on the world stage, as well as our own efforts to build a more inclusive organisation.
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.
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This country note from Going for Growth 2015 for Indonesia identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
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Many policy initiatives have been implemented in Indonesia, in recognition of the key role quality plays in strengthening health care systems.
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 unemployment rate in Indonesia continues to trend downwards. At 5.7% in Q1 2014, Indonesia’s unemployment rate is considerably below the levels observed in 2007 (above 9%). It is also now well below the OECD average of 7.4%.
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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.
Trends in Indonesia and Malaysia provides for the first time cross-country comparisons between Asian economies and between Asian and OECD economies. 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.