ECONOMIC

GROWTH & DEVELOPMENT

INDONESIAN ECONOMY SUBJECT
Group 1
Malika
Abiyyu Zikril
Sekar Shabrina Purnomo
Fary Ardian Syah
Safira Kayla Tatsbita
 TABLE OF
CONTENTS
1 DEFINITIONS&CONCEPTS

CHARACTERISTICS OF COUNTRIES WITH

2 DEVELOPING ECONOMIES

3 INDONESIA&KAZAKHSTAN'S ECONOMIC CONDITIONS

POLICIES TAKEN BY THE GOVERNMENT

4 REGARDING THE ECONOMIC CONDITIONS

5 SOLUTIONS FOR THE GOVERNMENT AND THE

ROLE OF SOCIETY RELATED TO ECONOMIC
GROWTH&DEVELOPMENT
CONCEPT AND DEFINITION

CONCEPT DEFINITION
Increasing total
the process of income and per capita
changing the economy income
of a country from a Population growth
poor country to a Fundamental changes
developed country Distribution Income
 CHARACTERISTIC
CHARACTERISTICS OF COUNTRIES
ZONE CHECK WITH DEVELOPING ECONOMIES
FEELINGS
LOW PER CAPITA REAL INCOME

HIGH POPULATION GROWTH RATE

HIGH RATES OF UNEMPLOYMENT

HIGH RATES OF UNEMPLOYMENT

DEPENDENCE ON EXPORTS OF
PRIMARY COMMODITIES
INDONESIAN
Indonesia's economic conditions have continued to
experience dynamic changes and growth in recent

ECONOMIC
years. Prior to the COVID-19 pandemic, Indonesia had
recorded quite stable and positive economic growth
with an average growth of around 5% per year.

CONDITIONS Since 2021, Indonesia has recorded a fairly good

economic recovery with economic growth in the third
quarter of 2021 of 3.49% and the fourth quarter of
2021 of 5.18%.

The Indonesian government continues to make efforts to

encourage more inclusive and sustainable economic
growth through various structural reform programs and
investments in sectors that are considered strategic.
KAZAKHSTAN
ECONOMIC Kazakhstan's economy began to recover in the second half of

CONDITION
2020, although real gross domestic product(GDP)is still lower
than before the COVID-19 crisis.After the worst decline in over
twenty years, Kazakhstan's real GDP growth recovered in the
third quarter of 2020 and continued into the first quarter of
2021.

According to our forecast, the economy will grow by about 3.2

percent in 2021. The Kazakh economy began to recover from the
COVID-19 crisis in the second half of 2020. Real GDP contracted
by a seasonally adjusted 3.4 percent in the first half of 2020
compared to the second half of 2019.

7 Real GDP began to grow in the second half of 2020 compared to

the first half of the year, and quarterly growth rates over the
past two quarters of the year were positive. But overall, in
2020, Kazakhstan's real GDP shrank by 2.6 percent.
 TYPES OF GOVERNMENT'S
POLICIES FOR ECONOMY
MONETARY INTERNATIONAL INTERNATIONAL
FISCAL FINANCE TRADE
Made by the Made by the Made by the
Made by the
government government to government to set
national central
through the adjust state the structure,
bank to control
adjustment of finances with direction, and form
the circulation
state revenues international regarding foreign
of money
and expenditures finances trade
 POLICIES TAKEN BY THE GOVERNMENT
REGARDING THE ECONOMIC CONDITIONS
INDONESIA KAZAKHSTAN
Fiscal: Acceleration of Participate as an equal
government spending, business partner and create
income tax relaxation, new sources of economic
state budget relaxation growth
Creating a favorable
investment climate
Monetary:Macroprudential
Creating an effective
&microprudential, positive
private sector economy and
investment returns,
developing public private
controlling the value of partnerships
Rupiah Focusing on budgetary
policy
 Education about Natural and
1 Human Resources

SOLUTIONS 2 Export Educations

FOR
GOVERNMENT 3 Stabilize political and social

4 On target Subsidies

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5 Tax is important
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