Indonesia’s Economy, Beyond Rattan Furniture And Tourism

economyWhile Indonesia has taken its dear, sweet time getting here, it has emerged as one of the newest and most interesting business climates in the international market. This explains the big push for online and tech development in the Indonesian sphere.

ust take a look at these figures: By GDP, Indonesia is the world’s 16th-largest economy. While the rest of the world is still sweating out the global economic malaise, Indonesia is projected to grow by nearly 7% in 2013, according to the World Bank estimate. Indonesia has recently become a member of the G20, and “Foreign Policy” magazine lists 6 Indonesian leaders among its list of “world’s 500 most powerful people.”

Can the Indonesian Steve Jobs or Larry Page be far behind? Maybe that day isn’t coming yet, but Indonesia is getting restless within its economic borders. Agus Martowardojo, the new governor of Indonesia’s central bank, is urging Indonesian banks and businesses to compete overseas. Indonesian tech workers are starting to swell their ranks, and you encounter one in the online global market more and more every day.

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