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Indonesia: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2010: Issue 285
Language:
English
Publication Date:
16 Sep 2010
DOI:
https://doi.org/10.5089/9781455208517.002
ISBN:
9781455208517
ISSN:
1934-7685
Pages:
61
Keywords:
ISCR; CR; price; commodity; export; commodity boom; term premium; price shock; commodity export; inflation risk premium; Inflation; Exports; Oil prices; Energy subsidies; Global
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This paper takes an in-depth look into recent trade patterns to assess the extent of such concerns. It is found that (i) there is no strong evidence of Dutch Disease; (ii) weak performance in some sectors, so far, does not appear to be linked to the commodity boom; and (iii) although further reliance on commodities has increased Indonesia’s vulnerability to export price volatility, the terms of trade have actually been rather stable as import and export prices co-move markedly, mitigating such vulnerability.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund