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Page 1: 20131202 2

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PROSPEK DAN TANTANGAN PROSPEK DAN TANTANGAN PEREKONOMIAN INDONESIAPEREKONOMIAN INDONESIA

Faisal Basri

2 2 DesemberDesember 20132013

BagianBagian IIAncamanAncaman MiddleMiddle--Income TrapIncome Trap

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2

Source: World Bank, World Development Indicators.

Indonesia: Indonesia: pendapatanpendapatan perkapitaperkapita

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

19

69

19

71

19

73

19

75

19

77

19

79

19

81

19

83

19

85

19

87

19

89

19

91

19

93

19

95

19

97

19

99

20

01

20

03

20

05

20

07

20

09

20

11

Gross National Income per capita,

Atlas method (current US$)

Gross national income per capitaGross national income per capita

880

1,260

1,400

1,530

2,470

3,420

5,210

7,610

9,740

9,800

11,630

12,700

16,392

22,670

36,560

47,210

0 10,000 20,000 30,000 40,000 50,000

Cambodia

Lao PDR

Vietnam

India

Philippines

Indonesia

Thailand

South Africa

Mexico

Malaysia

Brazil

Russia

Taiwan

Korea

Hong Kong

Singapore

Sources: World Bank, World Development Indicators.

High income

Current US$, 2012

≥ US$ 12,616

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3

CiriCiri--ciriciri berpotensiberpotensi alamialami middlemiddle--income trapincome trap

� Investment to GDP ratio rendah

� Pertumbuhan industri manufaktur rendah

� Diversifikasi industri terbatas

� Kondisi pasar kerja buruk

Gross fixed capital formation (% of GDP)Gross fixed capital formation (% of GDP)

15

20

25

30

35

40

45

50

19

80

19

81

19

82

19

83

19

84

19

85

19

86

19

87

19

88

19

89

19

90

19

91

19

92

19

93

19

94

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

Indonesia Malaysia Thailand Philippines China

Sources: World Bank, World Development Indicators.

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4

Composition of gross fixed capital formationComposition of gross fixed capital formation

Source: BPS.

2010 2011 2012

Building 74.3 72.8 71.3

Domestic machinery 2.5 2.3 2.2

Imported machinery 13.5 15.1 15.6

Domestic transport 1.4 1.4 1.5

Imported transport 4.7 5.0 5.9

Others 3.6 3.4 3.5

Sector 2010 2011 2012 Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13

1. Agriculture 3.0 3.3 4.0 4.3 3.7 4.8 2.0 3.6 3.2 3.0

2. Mining 3.6 1.4 1.5 2.8 3.1 -0.1 0.5 -0.2 -1.2 1.6

3. Manufacturing 4.7 6.1 5.7 5.7 5.4 6.4 6.2 5.9 5.8 4.9

4. Utilities 5.3 4.4 6.4 6.2 6.2 5.6 7.2 6.6 6.6 4.0

5. Construction 7.0 6.7 7.5 7.4 7.4 8.0 7.8 7.0 6.9 6.2

6. Trade & hospitality 8.7 9.2 8.1 8.3 8.9 6.9 7.8 6.5 6.5 6.0

7. Transport & Comm. 13.4 10.7 10.0 10.3 10.1 10.5 9.6 10.0 11.5 10.5

8. Finance 5.7 6.9 7.2 6.3 7.0 7.4 7.7 8.4 8.1 8.1

9. Other Services 6.0 6.7 5.2 5.5 5.7 4.4 5.3 6.5 4.5 5.6

GDP/Total 6.2 6.5 6.2 6.3 6.4 6.2 6.1 6.0 5.8 5.6

Sources: BPS.

GDP growth by sectorGDP growth by sector

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5

0

2

4

6

8

10

First semester (Jan-Jun)

Source: BPS.

Non-tradable

GDP

Tradable

Low quality of growth, 2000Low quality of growth, 2000--20132013

Percent

Source: BPS.

PerananPeranan industriindustri manufakturmanufaktur terusterus merosotmerosot

22

23

24

25

26

27

28

29

30

Percent of GDP

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6

BagianBagian IIIIPeranPeran Negara Negara LoyoLoyo

Population, GDP/capita, and structure of GDP, 2012Population, GDP/capita, and structure of GDP, 2012

Sources: World Bank, World Development Indicators.

Population GDP per capita GDP components (%)

Country (million) (current US$) Cp Cg I X M

China 1,351 6,188 36 14 46 31 27

India 1,237 1,489 60 12 30 24 32

Indonesia 247 3,557 57 9.0 33 24 26

Brazil 199 11,340 62 21 18 13 14

USA 314 49,965 72 17 15 14 18

Japan 128 46,720 60 20 21 15 16

Germany 82 41,514 58 19 18 52 46

UK 63 38,514 66 22 14 32 34

Korea 50 22,590 54 16 27 57 53

Philippines 97 2,587 74 11 19 31 34

Vietnam 89 1,596 64 5 28 90 90

Thailand 67 5,480 56 14 29 75 74

Malaysia 29 10,381 49 14 26 87 76

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(average 2005-2010, % of GDP)

General General gov’tgov’t final consumption expenditurefinal consumption expenditure

Source: World Bank.

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Indonesia tax ratioIndonesia tax ratio

Sources: Ministry of Finance.

10.0

11.0

12.0

13.0

14.0

19

90

19

91

19

92

19

93

19

94

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

Tax ratio (tax revenues/GDP), percent

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8

Tax ratio in selected countries, 2010Tax ratio in selected countries, 2010

Sources: world Bank.

Tax revenues as % of GDP

PeranPeran pemerintahpemerintah makinmakin loyoloyo dalamdalampenyediaanpenyediaan public goodspublic goods

Source: IMF, Indonesia: selected Issues, IMF Country Report No. 12/278, September 2012.

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9

Source: World Bank, World Development Indicators.

Electric power consumption (kWh per capita)Electric power consumption (kWh per capita)

BagianBagian IIIIIIKualitasKualitas SDM SDM dandan KetenagakerjaanKetenagakerjaan

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10

Human development indexHuman development index

Sources: UNDP, Human Development Report 2013.

Pada tahun 2030, HDI

bisa mencapai tingkat

seperti Malaysia

sekarang.

HDI in selected countries, 2012 (n = 186)HDI in selected countries, 2012 (n = 186)

Sources: UNDP, Human Development Report 2013.

HDI HDI Overall Change Adjusted

Rank Country Value Value loss (%) in rank Rank3 United States 0.937 0.821 12.4 -13 16

28 Czech Republic 0.873 0.826 5.4 9 19

45 Argentina 0.811 0.653 19.5 -8 53

71 Venezuela 0.748 0.549 26.6 -17 88

85 Brazil 0.730 0.531 27.2 -12 97

91 Colombia 0.719 0.519 27.8 -11 102

92 Sri Lanka 0.715 0.607 15.1 11 81

101 China 0.699 0.543 22.4 0 101

103 Thailand 0.690 0.543 21.3 0 103

108 Bolivia 0.675 0.444 34.2 -12 120

114 Philippines 0.654 0.524 19.9 4 110

121 Indonesia 0.629 0.514 18.3 3 118

127 Viet Nam 0.617 0.531 14.0 14 113

136 India 0.554 0.392 29.3 1 135

138 Lao, PDR 0.543 0.409 24.7 4 134

138 Cambodia 0.543 0.402 25.9 3 135

161 Haiti 0.456 0.273 40.2 -7 168

Inequality-adjusted HDI

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11

Health expenditure, 2011Health expenditure, 2011

0 3 6 9 12 15 18

South SudanQatar

MyanmarIndonesia

Lao PDRMalaysia

BangladeshIndia

PhilippinesThailand

Timor-LesteChina

CambodiaRussiaTurkey

VietnamIsrael

South AfricaBrazil

AustraliaNorwaySweden

SwitzerlandGermany

FranceUnited States

Health expenditure, total (% of GDP)Total health expenditure is the sum of

public and private health expenditure. It

covers the provision of health services

(preventive and curative), family planning

activities, nutrition activities, and

emergency aid designated for health but

does not include provision of water and

sanitation.

Sources: World Bank, World Development Indicators.

Selected basic health indicatorsSelected basic health indicators

1. % Age 5 are under weight: Percentage of children under age 5 falling two standard deviations or more below the median weight-for-age of the

reference population, 2010 (UNDP)

2. Under 5 mortality: probability of dying between birth and exactly age 5, expressed per 1,000 live births, 2010 (UNDP)

3. Maternal mortality ratio: ratio of the number of maternal deaths to the number of live births in a given year, expressed per 100,000 live births,

2010 (UNDP)

4. Malaria: deaths due to malaria expressed per 100,000 people, 2008 (UNDP)

5. Tuberculosis: estimated rate per 100,000 population, 2011 (WHO)

Country

% Age 5are under

weight

Under 5 mortality

rate

Maternal mortality

ratio Malaria Tuberculosis

Brazil 1.7 19 56 0.1 42

China 3.8 18 37 0.0 75

Thailand 7.0 13 48 0.4 124

South Africa 8.7 57 300 0.2 993

Malaysia 12.9 6 29 0.1 81

Indonesia 18.4 35 220 3.2 187

Vietnam 20.2 23 59 0.1 199

Sri Lanka 21.1 17 35 0.0 66

Philippines 21.6 29 99 0.2 270

India 42.5 63 200 1.9 181

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12

23

Sumber: BPS.

PekerjaPekerja dandan penganggurpenganggur menurutmenurut pendidikanpendidikan

Agustus 2011

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13

Profile of workforce by job statusProfile of workforce by job status

Source: World Bank, presented by Shubham Chaudhuri at Kompas Economic Panel Discussion, June 21, 2012.

(% of GDP)

R&D expenditureR&D expenditure

Source: World Bank.

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14

Glo

ba

l inn

ov

atio

n in

de

x 20

12

(n=

14

1)

Glo

ba

l inn

ov

atio

n in

de

x 20

12

(n=

14

1)

Source: IN

SE

AD

,The G

lobal Innovation Index 2012.

68.2

64.8

63.5

61.8

61.2

60.5

59.9

58.7

58.7

57.7

56.4

56.2

56.0

53.9

51.7

45.9

45.4

44.4

41.1

39.5

39.3

37.9

37.7

37.4

36.9

36.6

35.7

33.9

29.0

28.1

16.8

Switzerland (1)

Sweden (2)

Singapore (3)

Finland (4)

UK (5)

Netherlands (6)

Denmark (7)

Hong Kong (8)

Ireland (9)

USA (10)

Norway (14)

Germany (15)

Israel (17)

Korea (21)

Japan (25)

Malaysia (32)

China (34)

UAE (37)

Bahrain (41)

Oman (47)

Saudi Arabia (48)

Russian Federation …

Brunei Darussalam …

South Africa (54)

Thailand (57)

Brazil (58)

India (64)

Viet Nam (76)

Philippines (95)

Indonesia (100)

Sudan (141)

Bagian

Bagian

IVIVP

erkuatP

erkuatJantungJantung

Perekonom

ianP

erekonomian

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15

Financial inclusion index: Financial inclusion index:

Financial deepeningFinancial deepening

Indonesia has yet to optimize its domestic resourcesIndonesia has yet to optimize its domestic resources

Source: Solana (WEF) based on World Bank dan IMF

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16

The financial development index (1)The financial development index (1)

Source: World Economic Forum, The Financial Development Report 2010.

Country2011 rank

(n = 60)2010 rank

(n = 58)2011 score

(1-7)Change in score

BankingRank

Banking score

Hong Kong SAR 1 4 5.16 +0.12 3 5.43

United States 2 1 5.15 +0.03 21 4.19

Singapore 4 3 4.97 -0.08 16 4.40

Malaysia 16 17 4.24 +0.04 15 4.49

Korea 18 24 4.13 +0.13 20 4.21

China 19 22 4.12 +0.08 9 4.92

South Africa 29 32 3.64 +0.11 33 3.53

Brazil 30 31 3.61 +0.09 41 3.31

Thailand 35 34 3.32 -0.04 31 3.70

India 36 37 3.29 +0.05 43 3.12

Russian Fed 39 40 3.18 -0.04 57 2.35

Mexico 41 43 3.16 +0.09 47 2.82

Turkey 43 42 3.14 -0.02 34 3.48

Philippines 44 50 3.13 +0.17 36 3.41

Vietnam 50 46 2.98 -0.05 29 3.91

Indonesia 51 51 2.92 +0.02 53 2.69

Venezuela 59 55 2.44 -0.12 58 2.34

Nigeria 60 57 2.44 +0.03 56 2.43

The financial development index (2)The financial development index (2)

Source: World Economic Forum, The Financial Development Report 2010.

Country2010 rank

(n = 57)2009 rank

(n = 55)2010 score

(1-7)Private credit

to GDP (%)Bank deposits

to GDP (%)

United States 1 3 5.12 211 78

Singapore 4 4 5.03 91 113

Japan 9 9 4.67 95 183

Germany 13 12 4.49 102 104

Malaysia 17 22 4.20 96 100

China 22 26 4.03 n.a. 145

Korea 24 23 4.00 90 61

South Africa 31 32 3.53 162 63

Brazil 32 34 3.53 54 61

Thailand 34 35 3.37 78 84

India 37 38 3.24 48 63

Russian Fed. 40 40 3.21 39 31

Vietnam 46 45 3.03 90 74

Philippines 50 50 2.97 27 46

Indonesia 51 48 2.90 23 34

Bangladesh 55 54 2.55 36 50

Venezuela 56 55 2.55 27 31

Nigeria 57 52 2.43 24 21

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Source: World Bank.

Domestic credit provided by the banking sector includes all credit to various sectors on a

gross basis, with the exception of credit to the central government, which is net. The

banking sector includes monetary authorities and deposit money banks, as well as other

banking institutions where data are available (including institutions that do not accept

transferable deposits but do incur such liabilities as time and savings deposits). Examples

of other banking institutions are savings and mortgage loan institutions and building and

loan associations.

Domestic credit provided by banking sectorDomestic credit provided by banking sector

Source: Asian Development Bank.

Size of local currency bonds market (1)Size of local currency bonds market (1)

200

4962 53 60

40 35 33 3214 11

18

77 43

33 1632

20 13 5

0 2

0

50

100

150

200

250

Government bonds Corporate bonds

% of GDP, June 2013

Page 18: 20131202 2

18

Source: Asian Development Bank.

Size of total local currency bonds market (2)Size of total local currency bonds market (2)

% of GDP

102

74 73

48

2735

17

31

0

37

217

126

105

8676 72

4637

15 14

0

50

100

150

200

250

December 2000 June 2013

Source: World Bank, World Development Indicators.

Stock market capitalizationStock market capitalization

125

159

3224

32

67

49

16

137129

8978 74

60

46 46

150

20

40

60

80

100

120

140

160

180

2000 2011

Percent of GDP

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19

BagianBagian VVPerlindunganPerlindungan dandan SistemSistem JaminanJaminan SosialSosial

Sources: KOF Swiss Economic Institute, KOF Index of Globalization, March 2013.

Globalization index, 2012Globalization index, 2012

Globalization Index Economic Globalization Social Globalization Political Globalization1. Belgium 1. Singapore 1. Cyprus 1. Italy2. Ireland 2. Luxembourg 2. Singapore 2. France3. Netherlands 3. Ireland 3.Ireland 3. Belgium4. Austria 4. Malta 4. Austria 4. Spain5. Singapore 5.Netherlands 5. Belgium 5. Austria6.Denmark 6. Belgium 6. Switzerland 6. UK7. Sweden 7. Hungary 7.Netherlands 7. Sweden8. Portugal 8. Estonia 8. Canada 8.Brazil9. Hungary 9. Bahrain 9. Denmark 9. Portugal10.Switzerland 10. Sweden 10.France 10. Egypt12. UK 11. UAE 12. UK 11. Denmark21. Australia 12. Denmark 14. Norway 13. Netherlands22. Germany 25. Malaysia 15. Germany 14. Switzerland27. Malaysia 26. Qatar 17. Sweden 17. Germany32. UAE 29. UK 25. UAE 18. India34. USA 41. Norway 27. USA 19. USA39. Qatar 48. Germany 34. Malaysia 20. Norway48. Russia 52. Thailand 47. Russia 34. South Africa54. South Africa 66. South Africa 56. Qatar 39. Indonesia56. Japan 73. Viet Nam 64. Oman 43. Philippines57. Thailand 76. Cambodia 90. China 44. China73. China 82. USA 93. South Africa 45. Russia76. Brazil 88. Indonesia 95. Thailand 47. Malaysia88. Philippines 97. Russia 118. Brazil 59. Thailand90. Indonesia 101. Philippines 127. Philippines 73. Qatar107. India 104. Brazil 144. India 109. Cuba118. Cuba 109. China 147. Indonesia 118. Kuwait126. Viet Nam 128. India 165. Viet Nam 134. UAE205. Somalia 201. Timor-Leste 205. Somalia 135. Viet Nam

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RezimRezim perdaganganperdagangan Indonesia Indonesia sudahsudah sangatsangat bebasbebas

8.6

8.2

7.9

5.7

5.6

5.2

4.9

4.8

4.5

4.1

4.0

3.8

3.7

2.7

2.6

1.6

Venezuela (2011)

India (2009)

Brazil (2011)

Vietnam (2010)

Argentina (2011)

Russia (2011)

Thailand (2009)

Philippines (2010)

South Africa (2011)

China (2011)

Malaysia (2009)

Qatar (2009)

Bolivia (2011)

Turkey (2011)

Indonesia (2011)

United States (2011)

Tariff rate, applied, weighted mean, all products (%)

(2011 or latest data available)

Sources: World Bank, World Development Indicatorshttp://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS

Aras tariff (Aras tariff (beabea masukmasuk))

Versi Kemenkeu

1995: 15,48%

1998: 9,24%

2007: 7,81%

2011: 7,56%

Versi Bank Dunia

1995: 10,8%

1999: 6,1%

2007: 3,9%

2011: 2,6%

World Bank: Tariff rate, applied, weighted mean, all products (%)Weighted mean applied tariff is the average of effectively applied rates weighted by the product

import shares corresponding to each partner country. Data are classified using the Harmonized

System of trade at the six- or eight-digit level. Tariff line data were matched to Standard

International Trade Classification (SITC) revision 3 codes to define commodity groups and import

weights. To the extent possible, specific rates have been converted to their ad valorem

equivalent rates and have been included in the calculation of weighted mean tariffs. Import

weights were calculated using the United Nations Statistics Division's Commodity Trade

(Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are

averaged for products in each commodity group. When the effectively applied rate is unavailable,

the most favored nation rate is used instead.

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Sources: Asian Development Bank, The Social Protection Index: Assessing Results for Asia and the Pacific, 2013.

Social protection index (n=35)Social protection index (n=35)

3 Pillars of social protection3 Pillars of social protection

1. Social insurance uses contributory schemes to help people

respond to common risks, such as illness, old age, and

unemployment. Its major components are health insurance,

pensions, and unemployment insurance.

2. Social assistance provides unrequited transfers to groups, such

as the poor, who cannot qualify for insurance or would receive

inadequate benefits from such a source. The major components of

social assistance are cash or in-kind transfers, child welfare,

assistance to the elderly, health assistance, disability benefits, and

disaster relief.

3. Active labor market programs help people to secure

employment. Their major components are skill development and

training programs and special work programs, such as cash- or

food-for-work programs. This report categorizes passive labor

market programs, such as unemployment insurance or severance

payments, as forms of social insurance.

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Year of introduction of social insuranceYear of introduction of social insurance

Industrial Unemploy- FamilyCountry accident Health Pension ment allowanceBelgium 1903 1894 1900 1920 1930

Netherlands 1901 1929 1913 1916 1940

France 1898 1898 1895 1905 1932

Italy 1898 1886 1898 1919 1936

Germany 1871 1883 1889 1927 1954

Ireland 1897 1911 1908 1911 1944

U.K. 1897 1911 1908 1911 1945

Denmark 1898 1892 1891 1907 1952

Norway 1894 1909 1936 1906 1946

Sweden 1901 1891 1913 1934 1947

Finland 1895 1963 1937 1917 1948

Austria 1887 1888 1927 1920 1921

Switzerland 1881 1911 1946 1924 1952

Australia 1902 1945 1909 1945 1941

New Zealand 1900 1938 1898 1938 1926

Canada 1930 1971 1927 1940 1944

U.S.A. 1930 -- 1935 1935 --Sources: Christopher Pierson, Beyond the Welfare State, 3rd edition. Cambridge: Polity Press, 2006, p.110.

Asumsi: 32 jt pekerja sektor formal; gaji Rp 1,5 juta/bulan, iuran

5%, pertumbuhan gaji 10%, pekerja 6%

Tahun Rp miliar/th

Akumulasi

Rp miliar

Th 1 28.800 28.800

Th 2 33.581 62.381

Th 3 39.155 101.536

Th 4 45.655 147.191

Th 5 53.234 200.425

Th 6 62.070 262.495

Th 7 72.374 334.869

Th 8 84.388 419.257

Th 9 98.397 517.654

Th 10 114.731 632.385

Akumulasi Iuran:

Memastikan

ketersediaan

dana

Kepastian

investor faskes,

alkes dan

medical supplies

Memastikan

pasien

AkumulasiAkumulasi IuranIuran JamkesJamkes

Sumber: Hasbullah Thabrany, “Dampak Ekonomi Pelaksanaan SJSN,” disajikan pada Round Table Discussion GP Farmasi 27 April 2010.

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JaminanJaminan harihari tuatua//pensiunpensiun ((iuraniuran 6%)6%)

Jaminan hari

tua/Pensiun

merupakan

sumber dana

investasi

jangka

panjang yang

luar biasa

besar.

Tahun

Iuran/th

Rp miliar

Akumulasi

Rp miliar

Th 1 34.560 34.560

Th 2 40.297 74.857

Th 3 46.986 121.843

Th 4 54.786 176.629

Th 5 63.880 240.509

Th 6 74.485 314.994

Th 7 86.849 401.843

Th 8 101.266 503.109

Th 9 118.076 621.185

Th 10 137.677 758.862

Sumber: Hasbullah Thabrany, “Dampak Ekonomi Pelaksanaan SJSN,” disajikan pada Round Table Discussion GP Farmasi 27 April 2010.

BagianBagian VIVIKembaliKembali keke JatiJati DiriDiri

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KeunikanKeunikan IndonesiaIndonesia

Negara Negara maritimmaritim �� the archipelago economythe archipelago economy“Untuk membangun Indonesia menjadi negara besar, negara kuat, negara makmur, negara damai yang merupakan

National Building bagi negara Indonesia, maka negara dapat menjadi kuat jika dapat menguasai lautan. Untuk

menguasai lautan kita harus menguasai armada yang seimbang.”

(Ir. Soekarno dalam National Maritime Convention I (NMC), 1963)

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Price disparities (Rupiah)Price disparities (Rupiah)

Region Rice Wheat flour Sugar Cooking oil Salt

East Jawa 4,250 3,606 6,000 4,150 1,600

West Kalimantan 4,400 4,000 5,800 4,500 2,450

East Kalimantan 4,500 4,000 6,500 4,500 2,000

South Sulawesi 4,400 3,500 6,500 4,500 2,000

East Nusa Tenggara 4,200 4,500 5,800 6,300 2,000

Merauke 5,000 7,000 7,000 6,670 3,000

Nabire 6,000 10,000 11,000 11,000 4,000

Paniai 18,000 7,500 8,000 7,000 8,000

Source: Ministry of Trade.

ManaMana lebihlebih murahmurah??

Jeruk Medan, Indonesia Jeruk Mandarin, China

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26

Prices of oranges…Prices of oranges…

� Prices were measured in a supermarket in Jakarta

� Jeruk Medan……Rp. 20,000 per kg

� Jeruk China…………..Rp. 17,000 per kg

� WHY IS THIS THE CASE?

This explains why oranges from Medan are This explains why oranges from Medan are more expensive to some extent….more expensive to some extent….

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27

Cement in Papua is 20 times more expensive than in Jakarta because of shipping costs

Container Shipment cost:

Padang – Jakarta = US$600 Jakarta – Singapore = US$185

FaktaFakta lain yang lain yang membuatmembuat mirismiris

Source: R.J. Lino’s presentatatiom, March 2011.

JarakJarak ekonomiekonomi makinmakin jauhjauh

Source: R.J. Lino’s presentatatiom, March 2011.

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The sea unites IndonesiaThe sea unites Indonesia

Logistics performance index, 2012, n=155Logistics performance index, 2012, n=155

Source: World Bank, Logistic Performance Index: LPI Results 2012 (http://lpisurvey.worldbank.org/)

Country

LPI

rank

LPI

score Customs

Infra-

structure

International

shipments

Logistic

competence

Tracking &

tracing

Time-

liness

Singapore 1 4.13 4.10 4.15 3.99 4.07 4.07 4.39

Hong Kong 2 4.12 3.97 4.12 4.18 4.08 4.09 4.28

China 26 3.52 3.25 3.61 3.46 3.47 3.52 3.80

Malaysia 29 3.49 3.28 3.43 3.40 3.45 3.54 3.86

Thailand 38 3.18 2.96 3.08 3.21 2.98 3.18 3.63

Brazil 45 3.13 2.51 3.07 3.12 3.12 3.42 3.55

India 46 3.08 2.77 2.87 2.98 3.14 3.09 3.58

Philippines 52 3.02 2.62 2.80 2.97 3.14 3.30 3.30

Vietnam 53 3.00 2.65 2.68 3.14 2.68 3.16 3.64

Indonesia 59 2.94 2.53 2.54 2.97 2.85 3.12 3.61

Cambodia 101 2.56 2.30 2.20 2.61 2.50 2.77 2.95

Lao, PDR 109 2.50 2.38 2.40 2.40 2.49 2.49 2.82

Myanmar 129 2.37 2.24 2.10 2.47 2.42 2.34 2.59

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29

Public and customers perception improvedPublic and customers perception improved

Source: JR Lino presentation (IPC) based on World Bank, January 2013.

But…. the solution is this!!!But…. the solution is this!!!

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30

BagianBagian VIIVIIMomentum Momentum AkselerasiAkselerasi

PendudukPenduduk Indonesia Indonesia miripmirip JepangJepang tahuntahun 19501950

Source: Badan Pusat Statistik and http://www.economist.com/blogs/dailychart?page=1&fsrc=scn/fb/wl/bl/dailychartjan10 (20101120_WOC951)

Indonesia Jepang

66%

29%

5%

15-49

= 55%

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31

Maximizing opportunities: Maximizing opportunities: Indonesia’s remaining demographic dividendIndonesia’s remaining demographic dividend

Children: 14 and below (%)

Elderly: above 64 (%)

Working age: 15 to 64 (%)

Dependency ratio (%)

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

1950 1960 1970 1980 1990 2000 2010 2020 2030 2040 2050

De

pe

nd

en

cy r

ati

o:

ch

ild

ren

an

d e

lde

rly t

o w

ork

ing

ag

e (

%)

% o

f p

op

ula

tio

n

Source: World Bank, “Indonesia economic update: Near-term issues and looking ahead to 2012, “ March 2011.

* AugustSource: Bank Indonesia.

Central government debt outstandingCentral government debt outstanding

68.4 63.573.3 76.6 71.3 70.5

82.3 85.3 82.8104.2

118.4131.0

140.8 140.6

61.158.9

63.768.9

68.6 63.162.0 62.3 66.7

65.0

68.7

68.563.8 58.8

0

50

100

150

200

250

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013*

Securities Loans

US

D b

illio

n

Page 32: 20131202 2

32

Source: Kementerian Keuangan

Government debt outstandingGovernment debt outstanding

743 803 906 979 1,064 1,1181,359

559586

730 611617 621

633

0

500

1,000

1,500

2,000

2,500

2006 2007 2008 2009 2010 2011 2012

Securities Loans

Source: Bank Indonesia.

Composition of government debt

(percent)

Page 33: 20131202 2

33

Holders of tradable domestic government securities (percent)

Continued increasing proportion of foreign Continued increasing proportion of foreign ownership of government securitiesownership of government securities

Foreign ownership of domestic government securities by maturity (percent)

* October

Source: Bank Indonesia.

* SeptemberSource: World Bank for 1990-2000, and Bank Indonesia and Ministry of Finance for 2001-2012.

41.9

32.3

97.9

77.0

67.461.3

56.4

47.1

39.035.2 33.1

28.4 26.1 24.4 24.0 23.4

0

20

40

60

80

100

120

Government debt to GDP ratioGovernment debt to GDP ratio

percent

Page 34: 20131202 2

34

Central government gross debt ratioCentral government gross debt ratio

Sources: ADB, Asian Development Outlook 2012 Update, October 2012..

Indonesia’s sovereign rating by 5 agenciesIndonesia’s sovereign rating by 5 agencies

IG = Investment Grader.;-1 IG = one notch below investment grade.Sources: Bank Indonesia.

Rating Agency RatingLatest

Awarded Date Outlook Note

Moody's Baa3 Nov. 22, 2012 Stable IG

Fitch BBB- Nov. 15, 2013 Stable IG

Rating and Investment BBB- Oct. 11, 2013 Stable IG

Japan Credit Rating Agency BBB- July 22, 2013 Stable IG

Standard & Poor's BB+ May 2, 2013 Stable -1 IG

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35

Terima Kasih

Email: [email protected]: @faisalbasri

Infografis: visuallyconomic.comBlog: kompasiana.com/faisalbasriBlog: faisalbasri01.wordpress.com

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